Soar Inc
Balsam, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,763,822↓10% | $5,651,933↑10% | $7,743,616↑2% | |
| 2022 | $5,308,060↑28% | $5,121,513↑13% | $7,609,497↓18% | — |
| 2021 | $4,143,448↑22% | $4,526,371↑48% | $9,313,397↑28% | — |
| 2020 | $3,396,638↓39% | $3,049,266↓38% | $7,260,219↑15% | — |
| 2019 | $5,550,686↑1% | $4,908,290↑14% | $6,307,918↑10% | — |
| 2018 | $5,499,243↑6% | $4,316,712↑4% | $5,730,128↑25% | — |
| 2017 | $5,165,721↑14% | $4,155,770↑7% | $4,581,555↑20% | — |
| 2016 | $4,523,717↑9% | $3,884,281↑9% | $3,820,066↑22% | — |
| 2015 | $4,147,983↑39% | $3,551,789↑16% | $3,134,897↑32% | — |
| 2014 | $2,989,846↓1% | $3,056,139↑6% | $2,378,162↑18% | — |
| 2013 | $3,024,988↑12% | $2,873,060↑10% | $2,017,110↑3% | — |
| 2012 | $2,706,960↓4% | $2,614,591↓10% | $1,964,818↑8% | — |
| 2011 | $2,808,780 | $2,897,545 | $1,827,201 | — |
Frequently Asked Questions
What does Soar Inc do?▼
Soar Inc is a environment nonprofit organization based in North Carolina. It is classified under NTEE code C60Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Soar Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Soar Inc has a score of 71/100 (Grade: B+). 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 Inc generate?▼
Soar Inc reports $5.5M in annual revenue and holds $7.3M in total assets, based on IRS filings.
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