SOAR LEARNING CENTER INC

EIN: 814840233 501(c)(3)

SARASOTA, FL

Total Revenue
$248,848
Total Expenses
$299,809
Total Assets
$1,063,952
Net Assets
$1,063,952
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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
2018
Legal Domicile
FL
Principal Officer
DAVID RUBIN
Tax Period
2021-01-01 to 2021-12-31

SOAR LEARNING CENTER INC, founded in 2018, is a small nonprofit that reported $249K in total revenue in fiscal year 2021. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $300K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROVIDE COMPREHENSIVE LEARNING DURING AFTER SCHOOL HOURS THAT PREPARES CHILDREN FOR ACADEMIC AND LIFE SUCCESS IN A SAFE AND SUPPORTIVE INFRASTRUCTURE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $248,848
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $248,848

Expense Breakdown

Grants Paid $0
Salaries & Benefits $64,632
Fundraising Expenses $0
Program Expenses $159,640
Other Expenses $235,177
TOTAL EXPENSES $299,809

Year-over-Year Comparison

2021 2020 Change
Revenue $248,848 $190,415 +0.3%
Expenses $299,809 $198,138 +0.5%
Net Income $-50,961 $-7,723 +5.6%
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
10
Independent Members
10
Employees
1
Volunteers
25

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KETURAH PITTMAN DIRECTOR 0.00
Officer
$0 $0 $0
DAVID RUBIN PRESIDENT 6.00
Officer
$0 $0 $0
HARRIET M MOORE DIRECTOR 12.00
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
2021 $248,848 $299,809 $1,063,952 $-50,961
2021 $248,848 $316,191 $1,022,901 $-67,343
2020 $190,415 $198,138 $1,114,913 $-7,723
2019 $506,901 $56,058 $1,101,276 $450,843
2018 $672,202 $267,746 $650,331 $404,456
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