Soar Initiative
- Assets
- $36.4k
- Revenue
- $363.9k
- Investments
- $0.0
- Employees
- 22
- Location
- Columbus, OH
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 84-2864810
Organization Overview
Soar Initiative is located in Columbus, OH. The organization was established in 2019. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2023, Soar Initiative employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soar Initiative 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 12/2023, Soar Initiative generated $363.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 36.6% each year . All expenses for the organization totaled $355.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SOAR INITIATIVE EXISTS TO PROVIDE PEOPLE WHO USE DRUGS THROUGHOUT OHIO WITH FREE RESOURCES, INFORMATION, AND SUPPORT. WE FOCUS ON BUILDING TECHNOLOGY-BASED SOLUTIONS TO THE OPIOD OVERDOSE CRISIS, PARTICULARLY FOR RURAL AREAS AND THOSE WITHOUT EXISTING HARM REDUCTION INFRASTRUCTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOAR'S FREE MAIL-ORDER HARM REDUCTION SERVICE SHIPS HARM REDUCTION SUPPLIES DIRECTLY TO PEOPLE WHO USE DRUGS AND COMMUNITY ORGANIZATIONS WHO SERVE THEM. ANYONE IN OHIO IS ELIGIBLE TO RECEIVE SUPPLIES QUICKLY AND DISCREETLY.
SOAR'S TEXT ALERT SYSTEM SENDS OVERDOSE SURGE AND DEADLY BATCH ALREST TO PEOPLE WHO USE DRUGS, PARAMEDICS, AND LOVED ONES. THE SYSTEM RECEIVES OVERDOSE DATA FROM HEALTH DEPARTMENTS AND CORONERS' OFFICES THROUGHOUT OHIO, AS WELL AN ANONYMOUS CROWDSOURCED REPORTS OF BAD BATCHES TO SEND TO THE PUBLIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larkin Cleland Board Member | Trustee | 1 | $0 |
Dennis Pales Board Member | Trustee | 1 | $0 |
Emily Medosch Board Member | Trustee | 1 | $0 |
Dana Lavender Board Member | Trustee | 1 | $0 |
Erica Schnitz Board Member | Trustee | 1 | $0 |
Pranav Padmanabhan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $196,560 |
| All other contributions, gifts, grants, and similar amounts not included above | $166,938 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $363,498 |
| Total Program Service Revenue | $0 |
| Investment income | $61 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $363,851 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $175,014 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,395 |
| Payroll taxes | $18,545 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $103 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,581 |
| Advertising and promotion | $6,151 |
| Office expenses | $30,996 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,931 |
| Travel | $547 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $324 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $32 |
| Total functional expenses | $355,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,243 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $166 |
| Total assets | $36,409 |
| Accounts payable and accrued expenses | $4,600 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,600 |
| Net assets without donor restrictions | $31,809 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $36,409 |