SOAR INC (EIN 581505954) - 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

1982

Legal Domicile

Phone

8284563435

Tax Period

2023-01-01 to 2023-12-31

SOAR INC, founded in 1982, is a community nonprofit in the Environment sector that reported $4.8M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $5.7M exceeded revenue, resulting in a 19% operating deficit.

Mission

WILDERNESS ADVENTURE PROGRAM AND SCHOOL FOR LD AND ADHD YOUTH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $214,267

Program Service Revenue $4,730,250

Investment Income $-203,682

Other Revenue $22,987

TOTAL REVENUE $4,763,822

Expense Breakdown

Grants Paid $163,307

Salaries & Benefits $2,908,508

Fundraising Expenses $40,313

Program Expenses $4,107,646

Other Expenses $2,548,479

TOTAL EXPENSES $5,651,933

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,763,822	$5,308,060	-0.1%
Expenses	$5,651,933	$5,089,874	+0.1%
Net Income	$-888,111	$218,186	-5.1%

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

111

Volunteers

N/A

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

$405,612

Total Directors

$229,029

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TREASURER	1.0	Officer Director	$0	$0	$0
N/A	SECRETARY	1.0	Officer Director	$0	$0	$0
N/A	EXECUTIVE DIRECTOR	50.0	Officer Director	$145,685	$27,793	$173,478
N/A	Board Chairman	4.0	Officer Director	$53,427	$2,124	$55,551
N/A	VICE CHAIRMAN	1.0	Officer Director	$0	$0	$0
N/A	Board Member	1.0	Director	$0	$0	$0
N/A	Board Member	1.0	Director	$0	$0	$0
N/A	Board Member	1.0	Director	$0	$0	$0
N/A	Board Member	1.0	Director	$0	$0	$0
N/A	Board Member	1.0	Director	$0	$0	$0
N/A	Board Member	1.0	Director	$0	$0	$0
N/A	DIRECTOR OF PROGRAMS	45.0	Officer	$94,125	$11,739	$105,864
N/A	DIRECTOR OF OPERATIONS	50.0	Officer	$70,586	$133	$70,719

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	No data	No data	No data	No data
2023	$4,763,822	$5,651,933	$7,743,616	$-888,111
2023	$4,763,822	$5,651,933	$7,643,616	$-888,111
2022	$5,308,060	$5,121,513	$7,609,497	$186,547
2021	$4,143,448	$4,526,371	$9,313,397	$-382,923
2020	$3,396,638	$3,049,266	$7,260,219	$347,372
2019	$5,550,686	$4,908,290	$6,307,918	$642,396
2018	$5,499,243	$4,316,712	$5,730,128	$1,182,531

SOAR INC