everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Soaring Society Of America Inc

Hobbs, NM / EIN 95-1932120 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20112,118,9341,037,0391,081,89530.519%
20121,601,8441,385,148216,69626.716%
20131,145,4651,077,74967,71638.622%
20141,621,3521,654,103−32,75125.514%
20151,079,9601,123,838−43,87836.121%
20161,742,5591,559,545183,01428.315%
20171,153,1181,132,21820,90043.521%
20181,594,9121,475,054119,85831.218%
20191,580,2621,286,275293,98743.821%
20212,333,3431,068,2771,265,06683.129%
20221,053,3701,091,459−38,0894.624%
20231,319,7051,407,152−87,4472.923%

In its most recent public year (2023), this organization spent $87,447 more than it brought in. Its reserves stood at about 2.9 months of spending, down from 30.5 in 2011. Staff pay was 23% of spending. $142,588 of its net assets are donor-restricted.

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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