So Kids SOAR (EIN 611716117) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

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.

🔒

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%)

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

Governance

Voting Members

Independent Members

Employees

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

$101,538

Total Directors

Key Employees

Highest Compensated

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

So Kids SOAR