So Kids SOAR

EIN: 611716117 501(c)(3) Youth Development

Washington, DC

Total Revenue
$489,343
Total Expenses
$454,640
Total Assets
$253,475
Net Assets
$244,416
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
DC
Principal Officer
Glenda Fu Smith
Phone
2028887969
Tax Period
2024-01-01 to 2024-12-31

So Kids SOAR, founded in 2013, is a small nonprofit in the Youth Development sector that reported $489K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $455K left a modest 7% surplus.

Mission

So Kids SOAR SKS, a not-for-profit section 501c3, provides life-changing programs that empower youth with physical and developmental disabilities to Strive, Own, Achieve and Realize their potential.

Program Service Accomplishments

Program 1
Expenses: $120,913 Revenue: $68,054

SKS Clinics are adaptive clinics held once or twice a month for youth with disabilities. Through our clinics, those with physical and developmental disabilities are able to come off the sidelines and...

Read more

SKS Clinics are adaptive clinics held once or twice a month for youth with disabilities. Through our clinics, those with physical and developmental disabilities are able to come off the sidelines and unite with their peers. Many children have been bullied in schools and are left out of activities with able-bodied children. The empowerment and self-confidence gained through the clinics will carry over from the field to the home, classroom, and community, allowing them to realize that their disability will not prevent them from fulfilling their dreams. Each child is partnered with a volunteer to learn the essence of teamwork, have a mentor, and bond over a sense of camaraderie. In 2024, SKS provided 13 in-person clinics and 13 digital clinics to a total of 182 participants and 237 volunteers.

Program 2
Expenses: $92,766 Revenue: $86,460

Various Other Programs within SKS include Volunteer Recruitment, Youth Recruitment, and General, one-time Programs offered to Youth throughout the year.

Program 3
Expenses: $61,269 Revenue: $582

Your Path to Success: The So Kids SOAR mentorship program provides communication, leadership and vocational skill-building for young adults with developmental delays and/or physical disabilities in...

Read more

Your Path to Success: The So Kids SOAR mentorship program provides communication, leadership and vocational skill-building for young adults with developmental delays and/or physical disabilities in the Washington DC area. Over the course of 3 months, program participants attend skill-building workshops on topics such as resume development, interviewing, formal email communication, and off-site community service projects. The goal is to ensure that participants walk away with meaningful relationships, new confidence and real skills that allow them to pursue independence and gainful employment. Of all the graduates since 2017: 51% are currently employed and 9% are currently in higher education courses or technical/advancement programs. On average each year, three YPTS graduates find job placement within one year of completing YPTS. We now have employed 7 of our own graduates and hope to double this over the next few years. ?51% (22 of 43 graduates) are currently employed (in full-time, part-time or internship roles) ?9% (4 of 43 graduates) are currently (or recently completed) in higher education courses or technical/advancement programs ?On average each year, three YPTS graduates find job placement within one year of completing YPTS ?2022 YPTS graduate Kierra Johnson was hired by So Kids SOAR; in January 2024, she was brought on in a full-time capacity as the Programs Analyst ?2020 and 2021 YPTS graduates Patrick Green and Milan King (respectively) have taught our annual in-person and virtual cooking clinics since 2021 ?Companies where our graduates are employed include Disney, Biity & Beaus, Safeway, and more ?SKS graduates helped organize a fundraiser in September that raised ~$20,000; where our graduates were the contracted (paid) caterers and entertainment (Jacob Varghese and Kai Penic supplied music and live performances; Patrick & Milan reprised their roles in the kitchen)

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $486,535
Program Service Revenue $0
Investment Income $2,808
Other Revenue $0
TOTAL REVENUE $489,343

Expense Breakdown

Grants Paid $0
Salaries & Benefits $174,461
Fundraising Expenses $95,877
Program Expenses $309,583
Other Expenses $280,179
TOTAL EXPENSES $454,640

Year-over-Year Comparison

2024 2023 Change
Revenue $489,343 $347,935 +0.4%
Expenses $454,640 $264,051 +0.7%
Net Income $34,703 $83,884 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
3
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
1
$101,538
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Glenda Fu Smith Executive Dir. 40.00
Officer
$101,538 $0 $101,538
Christi Main Chairman 0.00
Director
$0 $0 $0
Chloe Stewart Director 0.00
Director
$0 $0 $0
Jay Chesley Director 0.00
Director
$0 $0 $0
Kiel Chesley Director 0.00
Director
$0 $0 $0
Stoddert Nibley Director 0.00
Director
$0 $0 $0
Will Cole Chairman 0.00
Director
$0 $0 $0
Rachel Goldschmidt Director 0.00
Director
$0 $0 $0
Kaushik Rath Director 0.00
Director
$0 $0 $0
Claire Levinson Director 0.00
Director
$0 $0 $0
Kristin Scherago Director 0.00
Director
$0 $0 $0
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 $489,343 $454,640 $253,475 $34,703
2023 $347,935 $264,051 $272,739 $83,884
2022 $222,456 $231,062 $161,243 $-8,606
2021 $215,626 $160,012 $164,106 $55,614
2019 $160,762 $182,626 $142,042 $-21,864
2018 $206,398 $150,590 $163,906 $55,808
Explore More Nonprofits
Top 100 Nonprofits in District of Columbia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare So Kids SOAR with other nonprofits in District of Columbia and across the country.