Soar Inc

Organization Overview

Soar Inc is located in Balsam, NC. The organization was established in 1983. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 12/2021, Soar Inc employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soar 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 12/2021, Soar Inc generated $4.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $4.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WILDERNESS ADVENTURE PROGRAM AND SCHOOL FOR LD AND ADHD YOUTH.

Describe the Organization's Program Activity:

PARTICIPANTS IN SOAR'S SUMMER CAMPS, ACADEMY AND GAP YEAR PROGRAMS TAKE PART IN ADVENTURE EXPERIENCES DESIGNED TO DEVELOP PROBLEM SOLVING SKILLS, EFFECTIVE COMMUNICATION STRATEGIES, GENERAL SOCIAL SKILLS AND TO INCREASE SELF-AWARENESS . BY ACHIEVING SUCCESS IN SUCH ACTIVITIES AS ROCK CLIMBING, WHITEWATER RAFTING, SCUBA, HORSEBACK RIDING, KAYAKING AND MORE, EACH STUDENT BUILDS ESSENTIAL SELF-ESTEEM AND SELF-CONFIDENCE THAT TRANSLATES INTO ALL WALKS OF LIFE. SOAR'S SUCCESS BASED PROGRAMS FOCUS ON THE GIFTS AND ABILITIES OF EACH YOUTH- STRENGTHS THAT WILL LAUNCH THEM INTO A LIFE FILLED WITH OPPORTUNITY AND SUCCESS. AS AN ACCREDITED BOARDING SCHOOL, OUR ACADEMY AT SOAR HAS GRANTED STUDENTS HIGH SCHOOL DIPLOMAS AS THEY HAVE SUCCESSFULLY COMPLETED REQUIRED COURSEWORK.


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Board, Officers & Key Employees

Name (title)Compensation
John W Willson Jr
Executive Director
$134,845
John Rogers
Director Of Programs
$71,191
Jonathan A Jones
Board Chairman
$15,857
Laura Pate
Director Of Operations
$10,748
Logan Walters
Vice Chairman
$0
Annette Kesgen
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $368,900
All other contributions, gifts, grants, and similar amounts not included above$158,022
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$526,922
Total Program Service Revenue$3,511,032
Investment income $140,272
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$43,122
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,143,448

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Soar Inc has recieved totaling $128,782.

Awarding OrganizationAmount
Northern Piedmont Community Foundation

Warrenton, VA

PURPOSE: GENERAL SUPPORT

$100,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$16,140
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$10,000
Vance R And Colleen H Andrus Family Foundation

Castle Rock, CO

PURPOSE: GENERAL & UNRESTRICTED

$1,250
Stern Family Foundation

Beverly Hills, CA

PURPOSE: EDUCATIONAL PROGRAMS

$1,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$250
View Grant Recipient Profile

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