Public Charity

SOAR Inc

Based in Balsam, NC, SOAR Inc operates as a Public Charity. The organization reported $5.5M in revenue, $5.5M in expenses, $7.3M in total assets for fiscal year 2024. Imperigo tracks 27 reported grant relationships connected to this organization totaling approximately $538K.

EIN: 581505954 Balsam, NC Environmental Education NTEE: C60 Latest filing: 2024
Total Revenue$5.5M
Total Expenses$5.5M
Total Assets$7.3M
Grant Records27
Funding Total$538K
Filing Years2020–2024

Mission

SOAR is a seasonal accredited educational academy, GAP year program, and outdoor adventure camp dedicated to a two-fold purpose: TO PROVIDE ACADEMIC INSTRUCTION, EXPERIENTIAL EDUCATION, INTERPERSONAL LIFE SKILLS DEVELOPMENT AND OUTDOOR ADVENTURE BASED PROGRAMMING TO YOUTH DEALING WITH LEARNING DISABILITIES, AND/OR ATTENTION DEFICIT DISORDERS THROUGH THEIR PARTICIPATION IN THE ACADEMY AT SOAR. TO PROVIDE EXPERIENTIAL EDUCATION, INTERPERSONAL LIFE SKILLS DEVELOPMENT AND OUTDOOR ADVENTURE BASED PROGRAMMING TO YOUTH, YOUNG ADULTS AND FAMILIES DEALING WITH LEARNING DISABILITIES, AND/OR ATTENTION DEFICIT DISORDERS THROUGH SOAR'S OUTDOOR ADVENTURE CAMP PROGRAMS, GAP YEAR PROGRAM, AND COMMUNITY BASED SERVICES. SOAR EMBRACES A COMMITMENT TO SERVICE THAT IS EVIDENT IN THE PROFESSIONAL AND COMMUNITY INVOLVEMENT OF ITS STAFF MEMBERS. SOAR IS A PRIVATE, NON-PROFIT 501(C)(3) CORPORATION.

Where $100 goes at SOAR Inc

How SOAR Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$69 Programs the work itself
$29 Management running the organization
$2 Fundraising raising the next dollar

Inside the $69 for programs

$69
Participants in SOAR's summer camps, academy and gap year programs take part in adventure experiences designed to develop problem solving skills, effective communication strategies, general social skills and…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Treasurer Catey Mcclary
Secretary Dale Sparacino
Trustee Dr Danny Benjamin
Trustee Drex Rogers Iii
Trustee Dr Joan Teach
Trustee James Drawdy

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$361,183 20 grants
Sports & Recreation
$105,000 1 grant
Education
$35,200 2 grants
Environment & Conservation
$20,000 1 grant
Animal Welfare
$17,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $5.5M $5.5M $7.3M
2023 $4.8M $5.7M $7.6M
2022 $5.3M $5.1M $7.6M
2021 $4.1M $4.5M $9.3M
2020 $3.4M $3.0M $7.3M

Between 2020 and 2024, reported annual revenue grew from $3.4M to $5.5M (+63%), with total assets most recently reported at $7.3M.

Interactive year-over-year charts and full filing details available with membership.

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