Soar Educational Enrichment Inc
- Assets
- $136.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salisbury, CT
- Founding
- 11/2014
- Data as of
- 06/2023
- EIN
- 47-1188127
Organization Overview
Soar Educational Enrichment Inc is located in Salisbury, CT. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soar Educational Enrichment Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Soar Educational Enrichment Inc generated $115.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $90.5k during the year ending 06/2023. While expenses have increased by 4.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE THE DYNAMIC LEARNING OPPORTUNITIES THAT ENABLE EACH AND EVERY STUDENT TO DISCOVER HIS/HER INDIVIDUAL TALENTS AND INTERESTS. OUR GOAL IS BOTH TO SUPPORT AND ENHANCE THE SCHOOL-DAY CURRICULUM AND TO PROVIDE THE ENVIRONMENT AND OPPORTUNITIES, BOTH IN AND OUT OF THE CLASSROOM, FOR LEARNING AND EXPLORATION BEYOND THIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keavy Bedell Board Chair | 2.5 | $0 | |
Elizabeth Schaufelberger Vice Chair | 2.5 | $0 | |
Darcy Boynton Program Liai | 1 | $0 | |
Karen Faveau Director | 1 | $0 | |
Brent Francoline Director | 1 | $0 | |
Janet Graaff Treasurer | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,665 |
| Total Program Service Revenue | $38,376 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,041 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,276 |
| Professional fees and other payments to independent contractors | $12,865 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,391 |
| Other expenses | $29,701 |
| Total expenses | $90,493 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,748 |
| Other assets | $0 |
| Total assets | $136,748 |
| Total liabilities | $1,751 |
| Net assets or fund balances | $134,997 |