Soar International Ministries Inc
- Assets
- $1.5m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 5
- Location
- Kenai, AK
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 92-0165873
Organization Overview
Soar International Ministries Inc is located in Kenai, AK. The organization was established in 1999. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Soar International Ministries Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soar International Ministries 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 International Ministries Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $727.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HUMANITARIAN WORK IN RUSSIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUMANITARIAN TRIPS AND SERVICES TO THE RUSSIAN FAR EAST AND MOSCOW REGION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Page President | OfficerTrustee | 40 | $85,082 |
Scott Page Vice President | Officer | 40 | $65,000 |
John White Sec/treas | OfficerTrustee | 2 | $0 |
Carl Baker Director | Trustee | 2 | $0 |
Dave Anderson Director | Trustee | 2 | $0 |
Norman Clayton Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,208,513 |
| Noncash contributions included in lines 1a–1f | $39,764 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,208,513 |
| Total Program Service Revenue | $0 |
| Investment income | $281 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,890 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,216,081 |
| 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 | $202,765 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $150,082 |
| Compensation of current officers, directors, key employees. | $75,041 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $148,475 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,944 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,513 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $30,400 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $390 |
| Advertising and promotion | $295 |
| Office expenses | $22,855 |
| Information technology | $11,181 |
| Royalties | $0 |
| Occupancy | $10,147 |
| Travel | $1,735 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $279 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,417 |
| Insurance | $5,453 |
| All other expenses | $28,062 |
| Total functional expenses | $726,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,776 |
| Savings and temporary cash investments | $248,295 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,040 |
| 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 | $455,086 |
| Investments—publicly traded securities | $30,799 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $575,084 |
| Total assets | $1,523,080 |
| Accounts payable and accrued expenses | $454 |
| 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 | $454 |
| Net assets without donor restrictions | $1,522,626 |
| 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 | $1,523,080 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Soar International Ministries Inc has recieved totaling $634.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $634 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Making A Difference Foundation Seattle, WA | $5,648,581 | $9,801,406 |
Washington State University Global Health Pullman, WA | $474,066 | $7,124,881 |
Worldreader Org Seattle, WA | $11,912,107 | $9,017,027 |
All Gods Children International Vancouver, WA | $4,347,832 | $7,534,520 |
International Childrens Care Inc Vancouver, WA | $2,390,869 | $3,895,114 |
Days For Girls International Mount Vernon, WA | $1,621,886 | $3,676,158 |
Childcare Worldwide Lynden, WA | $2,694,359 | $2,926,893 |
Glenorchy Marketplace Foundation Bellevue, WA | $35,571,268 | $3,025,099 |
African Entrepreneurship Collective Clinton, WA | $11,434,782 | $6,049,617 |
Alliance For Children Everywhere Seattle, WA | $495,240 | $1,071,349 |
Amplio Network Seattle, WA | $777,328 | $1,115,432 |
Pilgrim Seattle, WA | $360,963 | $918,667 |