CSCharityScored
82

Soar Inc

Environment · Balsam, North Carolina

Po Box 388, Balsam, NC 28707-0388

EIN: 581505954· Founded: Jun 1983· 43 years active· Filing Year: 2023

Annual Revenue

$4.8M

Total Expenses

$5.7M

Total Assets

$7.7M

Program Spending

84%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$406K

7.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.1M

Total Payroll

$2.6M

46% of total expenses

Where the Money Goes

84%
Programs: 84%
Payroll: 46%
Other overhead: 16%
Program Revenue$4.7M (99%)
Total Expenses$5.7M (100%)
Payroll$2.6M (46%)
Overhead (non-program)16%

Trust Score Breakdown

Program Spending Ratio

84% of expenses go to programs

40%

Revenue & Stability

$4.8M annual revenue

15%

Executive Compensation

$406K total officer comp (7.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$7.7M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.