Soar Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 273,907 | 197,420 | 76,487 | 5.2 | 0% |
| 2020 | 263,658 | 229,801 | 33,857 | 6.3 | 0% |
| 2021 | 198,831 | 238,871 | −40,040 | 4.0 | — |
| 2022 | 198,074 | 217,114 | −19,040 | 3.4 | — |
| 2023 | 277,906 | 272,785 | 5,121 | 2.9 | 0% |
In its most recent public year (2023), this organization brought in $5,121 more than it spent. Its reserves stood at about 2.9 months of spending, down from 5.2 in 2019. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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