Mission
Provide an education to students
Small Public Charity
SOMERSET ACADEMY INC
SOMERSET ACADEMY INC, of PHILADELPHIA, PA, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2020 filing shows $42K in revenue, $3K in expenses, $61K in total assets. 2 publicly reported grants to this organization, totaling roughly $40K, appear in IRS filings.
EIN: 471852489
PHILADELPHIA, PA
General Support
NTEE: DEFAULT
Latest filing: 2020
Total Revenue$42K
Total Expenses$3K
Total Assets$61K
Grant Records2
Funding Total$40K
Filing Years2019–2020
Sample Grants Received
PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS.
$15,000
PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS.
$25,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
CEO
Barbara Chavous Pennock
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2020 | $42K | $3K | $61K |
| 2019 | $38K | $44K | $22K |
Between 2019 and 2020, reported annual revenue grew from $38K to $42K (+12%), with total assets most recently reported at $61K.
Interactive year-over-year charts and full filing details available with membership.