Soar International Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 618,805 | 715,117 | −96,312 | 17.6 | 38% |
| 2021 | 1,216,081 | 726,983 | 489,098 | 25.1 | 41% |
| 2022 | 1,280,312 | 864,894 | 415,418 | 26.9 | 38% |
| 2023 | 703,540 | 777,181 | −73,641 | 28.9 | 43% |
In its most recent public year (2023), this organization spent $73,641 more than it brought in. Its reserves stood at about 28.9 months of spending, up from 17.6 in 2020. Staff pay was 43% 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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