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 24 reported grant relationships connected to this organization totaling approximately $503K.

EIN: 581505954 Balsam, NC Latest filing: 2024
Total Revenue$5.5M
Total Expenses$5.5M
Total Assets$7.3M
Grant Records24
Funding Total$503K
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.

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

For grant recipient's exempt purposes
$167,100 7 grants
RECREATION/SPORTS/ACTIVITIES
$105,000 1 grant
GENERAL SUPPORT
$103,979 6 grants
UNRESTRICTED GENERAL SUPPORT
$25,000 2 grants
IN SUPPORT OF SOAR SCHOLARSHIPS.
$25,000 1 grant

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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