SOARING SOCIETY OF AMERICA FOUNDATION (EIN 270934003) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

PHILIP C UMPHRES

Phone

5753921177

Tax Period

2024-01-01 to 2024-12-31

SOARING SOCIETY OF AMERICA FOUNDATION, founded in 1998, is a small nonprofit in the Recreation & Sports sector that reported $545K in total revenue in fiscal year 2024. Revenue surged 80% from the prior year, signaling strong growth momentum. The organization ran a surplus of $111K, a strong 20% operating margin.

Mission

TO SOLICIT, RECEIVE, COLLECT, HOLD, ADMINISTER, AND DISTRIBUTE FUNDS FOR, AND TO, THE SOARING SOCIETY OF AMERICA, INC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $56,917

Program Service Revenue $0

Investment Income $488,090

Other Revenue $0

TOTAL REVENUE $545,007

Expense Breakdown

Grants Paid $434,074

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $434,074

Other Expenses $0

TOTAL EXPENSES $434,074

Year-over-Year Comparison

	2024	2023	Change
Revenue	$545,007	$302,513	+0.8%
Expenses	$434,074	$378,501	+0.1%
Net Income	$110,933	$-75,988	-2.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$143,772

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILLIP UMPHRES	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MICHAEL DAVIS	TREASURER	1.00	Officer Director	$0	$0	$0
ANDY BLACKBURN	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN COCHRANE	TRUSTEE	1.00	Director	$0	$0	$0
PETER BROWN	TRUSTEE	1.00	Director	$0	$0	$0
RONALD ROSE	TRUSTEE	1.00	Director	$0	$0	$0
DENISE LAYTON	EXECUTIVE DIRECTOR	1.00	Officer	$0	$9,133	$143,772

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$545,007	$434,074	$8,461,352	$110,933
2023	$302,513	$378,501	$7,608,816	$-75,988
2022	$1,142,742	$186,750	$6,627,593	$955,992
2021	$105,000	No data	$5,818,095	No data
2020	$5,000	No data	$4,983,600	No data
2019	No data	No data	$4,608,991	No data

SOARING SOCIETY OF AMERICA FOUNDATION