Sgc Soaring Foundation
- Assets
- $312.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 07/2001
- Data as of
- 12/2021
- 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 12/2021, Sgc Soaring Foundation generated $25.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $22.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 6 years. 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 |
|---|---|---|---|
Michael Newgard Director | 3 | $0 | |
Kevin Finke Director | 5 | $0 | |
Phil Rose Director | 3 | $0 | |
Rita Edris Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $107 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,065 |
| Other Revenue | $22,334 |
| Total Revenue | $25,515 |
| 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 | $12,114 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,094 |
| Total expenses | $22,208 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $130,352 |
| Other assets | $0 |
| Total assets | $312,852 |
| Total liabilities | $3,720 |
| Net assets or fund balances | $309,132 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sgc Soaring Foundation has recieved totaling $7.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eastside Football Club Preston, WA | $3,070,841 | $2,956,026 |
Oregon Gymnastics Academy Beaverton, OR | $1,082,474 | $1,692,678 |
Cascade Boosters Club Incorporated Seattle, WA | $159,725 | $1,115,088 |
Portland Basketball Officials Association Beaverton, OR | $65,674 | $798,856 |
Rose City Rollers Portland, OR | $527,378 | $746,824 |
Washington Officials Association Renton, WA | $380,114 | $537,597 |
West Central District 3 Of The Wash Interscholastic Activity Assn Lakewood, WA | $123,452 | $628,220 |
Multnomah Athletic Foundation Inc Portland, OR | $3,534,961 | $472,540 |
Seattle Gun Club Ravensdale, WA | $1,041,698 | $370,217 |
Mt Spokane Alpine Team Spokane, WA | $99,050 | $365,762 |
Acers Fastpitch Organization Auburn, WA | $150,875 | $380,231 |
Mat-Su Baseball Inc Palmer, AK | $513,843 | $516,805 |