Sgc Soaring Foundation
- Assets
- $343.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 07/2001
- Data as of
- 12/2022
- EIN
- 91-2014947
Organization Overview
Sgc Soaring Foundation is located in Bellevue, WA. The organization was established in 2001. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sgc Soaring Foundation 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 12/2022, Sgc Soaring Foundation generated $59.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $25.5k during the year ending 12/2022. While expenses have increased by 0.5% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Bamberg Director | 4 | $0 | |
Phil Rose Director | 2 | $0 | |
Henry Rebbeck Director | 2 | $0 | |
Rita Edris Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,304 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $523 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,238 |
| Other Revenue | $19,590 |
| Total Revenue | $59,655 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $11,974 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,502 |
| Total expenses | $25,476 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $293,311 |
| Other assets | $0 |
| Total assets | $343,311 |
| Total liabilities | $0 |
| Net assets or fund balances | $343,311 |