Mission
THE SOMO PROJECT PROVIDES TRAINING, MENTORSHIP AND CAPITAL TO IMPACT ENTREPRENEURS BUILDING BUSINESSES OUT OF LOW-INCOME URBAN AREAS.
THE SOMO PROJECT, of NEW YORK, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.1M in revenue, $902K in expenses, $1.4M in total assets. 19 publicly reported grants to this organization, totaling roughly $1.3M, appear in IRS filings.
THE SOMO PROJECT PROVIDES TRAINING, MENTORSHIP AND CAPITAL TO IMPACT ENTREPRENEURS BUILDING BUSINESSES OUT OF LOW-INCOME URBAN AREAS.
Showing up to 5 of 19 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.1M | $902K | $1.4M |
| 2023 | $1.1M | $965K | $997K |
| 2022 | $1.0M | $751K | $855K |
| 2021 | $657K | $643K | $621K |
| 2020 | $543K | $339K | $394K |
Between 2020 and 2024, reported annual revenue grew from $543K to $1.1M (+97%), with total assets most recently reported at $1.4M.
Interactive year-over-year charts and full filing details available with membership.