Soar Foundation For The Needy Inc
- Assets
- $29.4k
- Revenue
- $8.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 07/2017
- Data as of
- 06/2022
- EIN
- 82-1556178
Organization Overview
Soar Foundation For The Needy Inc is located in Lexington, KY. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soar Foundation For The Needy 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 06/2022, Soar Foundation For The Needy Inc generated $8.0 in total revenue. All expenses for the organization totaled $29.5k during the year ending 06/2022.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph I Stevens III President | 0 | $0 | |
Susan Joseph Director | 0 | $0 | |
Carol Stevens Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21 |
| Total operating and administrative expenses | $21 |
| Contributions, gifts, grants paid | $29,500 |
| Total expenses and disbursements | $29,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,444 |
| Savings and temporary cash investments | $25,995 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $29,439 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Soar Foundation For The Needy Inc has awarded $29,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Lexington, KY PURPOSE: PROVIDING FOOD TO HELP SUPPORT THE NEEDY | $10,000 |
ALSAC FOR ST JUDE CHILDRENS HOSPITAL PURPOSE: PROVIDING SUPPORT FOR CHILDREN WITH ILLNESSES | $5,000 |
Jacksonville, FL PURPOSE: PROVIDING ASSISTANCE TO NEEDY VETS | $4,000 |
SHRINERS HOSPITAL FOR CHILDREN MED CENTER PURPOSE: PROVIDING SUPPORT FOR CHILDREN WITH ILLNESSES | $4,000 |
THE NEST PURPOSE: PROVIDE ASSISTANCE TO NEEDY WOMEN & CHILDREN | $3,500 |
CATHOLIC ACTION CENTER PURPOSE: TO HELP SUPPORT THE NEEDY | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Genyouth Inc Rosemont, IL | $9,087,915 | $10,980,091 |
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Anheuser-Busch Foundation Clayton, MO | $1,201,059 | $8,412,886 |
Carson-Myre Charitable Foundation Paducah, KY | $72,587,857 | $8,781,396 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Sondheimer Family Charitable Foundation Wilmette, IL | $0 | $30,820 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
John Joseph Sigstein Foundation Inc Huntington, IN | $0 | $2,327,854 |
Illinois Tool Works Foundation Glenview, IL | $328,623 | $8,500,000 |
Willow Springs Charitable Tr Mt Carroll, IL | $100,115,931 | $21,339,853 |
Hamill Family Foundation Chicago, IL | $55,305,054 | $6,054,241 |
Steward Family Foundation St Louis, MO | $23,736 | $8,567,873 |