Charity Search / SOMERNITES CRUISE INC
Community Improvement (S122) 990 on File

SOMERNITES CRUISE INC

EIN: 20-4277350 · SOMERSET, KY 42502-0502 · United States · FY 2025 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 88/100
Reliability (20%) 50/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2025
$329K
Total Revenue
$306K
Total Expenses
$217K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 93.2%
Fundraising Efficiency N/A
Operating Reserve 8.52x
Liability-to-Asset 4.1%
Revenue Diversification 48.8%
Compared with Peers
FY 2025
Compared with 2,137 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
93.2% 84.4%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
6.8% 12.7%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
8.5 mo 11.1 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
4.1% 2.2%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
48.8% 91.6%
P10P90
Top quarter
Surplus margin
Surplus as a share of revenue
6.9% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $329K $306K $217K 93.2% 0
2023 $210K $268K $192K 91.2% 0
2022 $274K $302K $251K 94.2% 0
2021 $306K $215K N/A — 0
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Organization Details
EIN
20-4277350
State
KY
City
SOMERSET
ZIP
42502-0502
Classification
S122
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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