Public Charity

SOARING SOCIETY OF AMERICA INC

SOARING SOCIETY OF AMERICA INC is a Public Charity headquartered in HOBBS, NM. Financial data from the 2024 filing: $1.3M revenue, $1.5M expenses, $563K total assets. 15 publicly reported grants to this organization, totaling roughly $1.2M, appear in IRS filings.

EIN: 951932120 HOBBS, NM Latest filing: 2024
Total Revenue$1.3M
Total Expenses$1.5M
Total Assets$563K
Grant Records15
Funding Total$1.2M
Filing Years2019–2024

Mission

TO PROMOTE ALL PHASES OF THE SPORT OF SOARING, NATIONALLY AND INTERNATIONALLY.

Officers & Directors

HONORARY VICE CHAIR Bernald Smith
DIRECTOR Chris Schrader
DIRECTOR Craig Funston
VICE CHAIR/TREASURER David Hart
EXECUTIVE DIRECTOR Denise Layton
VICE CHAIR Frank Whiteley

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$991,596 3 grants
TO SUPPORT THE USA JUNIOR SOARING TEAM TO COMPETE AT THE 11TH FAI JUNIOR WORLD GLIDING CHAMPIONSHIPS
$62,500 1 grant
GENERAL OPER SUPPORT
$59,975 5 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$33,800 2 grants
For grant recipient's exempt purposes
$16,350 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.3M $1.5M $563K
2023 $1.3M $1.4M $749K
2022 $1.1M $1.1M $930K
2020 $5.7M
2019 $1.6M $1.3M $5.1M

Between 2019 and 2024, reported annual revenue declined from $1.6M to $1.3M (-18%), with total assets most recently reported at $563K.

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

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