990 filings available Tax-deductible Est. 2019 3/4 Stars on Charity Navigator
About AI summarized
Somerset Senior Living At Seven Springs provides comprehensive senior living services to enhance the quality of life for older adults. They are dedicated to serving the senior population residing in Benton, AR.
Residential housingNutritious meal programsSocial and recreational activitiesPersonal care assistanceHealth and wellness programs
Revenue trend IRS Form 990
2023
$809K
2022
$1.9M
2021
$5.8M
2020
$6.3M
2019
$4.2M
2018
$4.8M
2017
$53K
Revenue grew 1419% between 2017 and 2023, from $53K to $809K over 6 years of filings. That is a compound annual growth rate of about +57.4% per year.
Frequently asked questions FAQ Schema
How much revenue does Somerset Senior Living At Seven Springs report?
Somerset Senior Living At Seven Springs reported $809K in total revenue for 2023, according to its most recently filed IRS Form 990.
How has Somerset Senior Living At Seven Springs’s revenue changed over time?
Revenue grew 1419% between 2017 and 2023, from $53K to $809K over 6 years of filings. That is a compound annual growth rate of about +57.4% per year. Figures are drawn directly from 7 years of IRS Form 990 filings.
What is Somerset Senior Living At Seven Springs’s Efficiency Score?
Somerset Senior Living At Seven Springs has an Efficiency Score of 61/100 (Good), higher than 18% of senior nonprofits in Arkansas. The score is calculated from overhead ratio, revenue growth, transparency, and organizational size — see our methodology for details.
What are Somerset Senior Living At Seven Springs’s total assets?
Somerset Senior Living At Seven Springs reported $1.5M in total assets on its 2023 Form 990 filing.
When was Somerset Senior Living At Seven Springs recognized as tax-exempt?
Somerset Senior Living At Seven Springs received its IRS tax-exempt determination in 2019, according to public IRS records.