ZUnclassifiedEIN: 540629691· Ruling Year: 1954

Soar 365

Richmond, Virginia

A-Health Score
80A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.71×
Peer Median5.86×
💰
$23.4M
Total Revenue
📊
$22.2M
Total Expenses
🏦
$15.7M
Net Assets
📋
$7.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.9%
Year-over-year change (2022 → 2023)
Net Margin
+5.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.71
Net assets divided by total expenses
Liabilities-to-Assets
31.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$23,367,16922%$22,203,17412%$22,964,7027%
2022$19,174,6419%$19,780,71322%$21,502,6799%
2021$17,622,3745%$16,270,5179%$23,580,9042%
2020$16,750,40013%$17,910,8925%$23,210,8027%
2019$19,310,3858%$18,843,1149%$21,736,2928%
2018$17,946,6414%$17,240,95613%$20,071,1811%
2017$17,334,33321%$15,257,8694%$19,878,71311%
2016$14,291,7762%$14,666,9113%$17,854,6571%
2015$14,556,5486%$14,307,12511%$18,079,7832%
2014$13,743,4167%$12,867,0913%$18,405,7165%
2013$14,713,70722%$12,504,4392%$17,549,38913%
2012$12,026,7392%$12,255,8656%$15,537,3312%
2011$11,798,604$11,523,646$15,798,940

Frequently Asked Questions

What does Soar 365 do?

Soar 365 is a unclassified nonprofit organization based in Virginia. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Soar 365 financially healthy?

Based on our 9-metric Financial Health Score model, Soar 365 has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Soar 365 generate?

Soar 365 reports $20.9M in annual revenue and holds $20.1M in total assets, based on IRS filings.

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