SOAR Tennessee

EIN: 611800227 501(c)(3) Human Services

Maryville, TN

Total Revenue
$3,998,676
Total Expenses
$4,113,513
Total Assets
$496,523
Net Assets
$10,655
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Principal Officer
Cheryl Hintz
Tax Period
2024-01-01 to 2024-12-31

SOAR Tennessee is a community nonprofit in the Human Services sector that reported $4.0M in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum.

Mission

Our agency supports opportunities, activities and residence for intellectually disabled adults. We have grown from 5 homes serving 15 individuals to 10 homes serving 29 adults in need. The agency has expanded to serve both Blount and Knox counties in East Tennessee. Our employee base has grown to 77 employees and the agency now offers medical and life insurance as well as a host of other supplemental benefits to all full-time employees. The Board President has expanded her role to CEO upon retiring from U.S. Bank in mid October and joining the agency full-time.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,200
Program Service Revenue $3,977,225
Investment Income $-18,698
Other Revenue $31,949
TOTAL REVENUE $3,998,676

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,392,911
Fundraising Expenses $0
Program Expenses $4,113,513
Other Expenses $720,602
TOTAL EXPENSES $4,113,513

Year-over-Year Comparison

2024 2023 Change
Revenue $3,998,676 $2,487,882 +0.6%
Expenses $4,113,513 $2,379,551 +0.7%
Net Income $-114,837 $108,331 -2.1%
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

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Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
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
3
$198,599
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cheryl Hintz President & CEO 40.00
Officer
$198,599 $0 $198,599
Amy Harmon Treasurer 0.00
$0 $0 $0
Daniel Bailey Trustee 0.00
$0 $0 $0
Adam Posan Trustee 0.00
$0 $0 $0
Hank McCormick Trustee 0.00
$0 $0 $0
Nikki Goodwin Vice President 0.00
Officer
$0 $0 $0
Carol Ross Secretary 0.00
Officer
$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
2025 No data No data No data No data
2024 $3,998,676 $4,113,513 $496,523 $-114,837
2023 $2,487,882 $2,379,551 $238,884 $108,331
2023 $2,767,074 $2,384,657 $268,779 $382,417
2023 $2,732,285 $2,384,657 $233,991 $347,628
2022 $751,044 $880,932 $359,091 $-129,888
2021 $651,886 $414,804 $309,404 $237,082
2020 $211,139 $251,853 $6,715 $-40,714
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