Civic Intelligence

Soar Foundation Inc

990EZ • Fiscal year 2015 • EIN 20-4562527

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 01, 2016

PO Box 2688Huntington Station, NY 11746

(631) 219-3891

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

73rd percentile

0.04x

Higher debt load relative to revenue than 73% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

9th percentile

-41%

Higher net margin than 9% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

27th percentile

-12%

Faster asset growth than 27% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

20th percentile

-24%

Faster revenue growth than 20% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$341,603

Down $46,219 (-12%) from 2014

Net Assets

Down

$337,603

Down $46,219 (-12%) from 2014

Liabilities

Flat

$4,000

Flat from 2014

Revenue

Down

$113,707

Down $36,652 (-24%) from 2014

Expenses

Up

$159,926

Up $25,327 (+19%) from 2014

Net Income

Down

-$46,219

Down $61,979 (-393%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $353,216Liabilities 2010: $4,000Net Assets 2010: $349,2162010Assets 2011: $356,090Liabilities 2011: $4,000Net Assets 2011: $352,0902011Assets 2012: $369,662Liabilities 2012: $4,000Net Assets 2012: $365,6622012Assets 2013: $372,062Liabilities 2013: $4,000Net Assets 2013: $368,0622013Assets 2014: $387,822Liabilities 2014: $4,000Net Assets 2014: $383,8222014Assets 2015: $341,603Liabilities 2015: $4,000Net Assets 2015: $337,6032015Assets 2016: $286,701Liabilities 2016: $3,500Net Assets 2016: $283,2012016Assets 2017: $230,356Liabilities 2017: $1,000Net Assets 2017: $229,3562017Assets 2018: $195,143Liabilities 2018: $1,000Net Assets 2018: $194,1432018Assets 2019: $120,305Liabilities 2019: $1,000Net Assets 2019: $119,3052019Assets 2020: $80,350Liabilities 2020: $1,000Net Assets 2020: $79,3502020

Highlighted filing

2015

Assets$341,603
Liabilities$4,000
Net Assets$337,603

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2010: $119,462Expenses 2010: $120,962Net Income 2010: -$1,5002010Revenue 2011: $146,368Expenses 2011: $143,494Net Income 2011: $2,8742011Revenue 2012: $155,943Expenses 2012: $142,371Net Income 2012: $13,5722012Revenue 2013: $155,938Expenses 2013: $153,538Net Income 2013: $2,4002013Revenue 2014: $150,359Expenses 2014: $134,599Net Income 2014: $15,7602014Revenue 2015: $113,707Expenses 2015: $159,926Net Income 2015: -$46,2192015Revenue 2016: $122,634Expenses 2016: $177,036Net Income 2016: -$54,4022016Revenue 2017: $118,057Expenses 2017: $171,902Net Income 2017: -$53,8452017Revenue 2018: $85,227Expenses 2018: $120,440Net Income 2018: -$35,2132018Revenue 2019: $25,003Expenses 2019: $99,841Net Income 2019: -$74,8382019Revenue 2020: $134Expenses 2020: $40,089Net Income 2020: -$39,9552020

Highlighted filing

2015

Revenue$113,707
Expenses$159,926
Net Income-$46,219
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 1, 2016
Return Version
2015v2.0
Gross Receipts
$143,695
Mission and Program Overview

Mission

To provide funding to augment and enhance programs for children with autism within the half hollow hills school disctrict.

Program Services

DescriptionGrantsExpenses
DEVELOP PROGRAMS TO BENEFIT CHILDREN WITH AUTISM IN THE MUCH NEEDED AREA OF SOCIALIZATION AND LIFE SKILLS. THESE PROGRAMS WILL FORSTER PEER FRIENDSHIPS AND MODELING OPPORTUNITIES WITHIN THE COMMUNITY.$151,834-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNIFER SPITZERPresident-$0--
JANINE LOUIEVice President-$0--
MARIA BEDWELLSecretary-$0--
DIANA RAIOTreasurer-$0--
MAUREEN DONOGHUECommun. Liason-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$114,822$29,988$2,210$27,778
Total Events$114,822$29,988$29,988-
Filing and Contact Details

Filer

Filer Name
Soar Foundation Inc
EIN
20-4562527
Phone
6312193891
Address
PO BOX 2688, HUNTINGTON STATION, NY 11746

Signing Officer

Name
Jennifer Spitzer
Title
President
Signed
2016-06-01
Discuss with paid preparer
Yes

Preparer

Firm
Ross Strent & Co Llp
Address
1860 WALT WHITMAN RD STE 900, MELVILLE, NY 11747
Preparer
Brian Simonetti
Phone
6316294488
Supplemental Narrative

Additional Explanations

Other Expenses.1012

Insurance $1222

Other Expenses.1

Subcontracted Services $134252

Other Expenses.2

SUPPLIES $11847

Other Expenses.3

PROGRAM EXPENSES $4735

Other Expenses.4

FUND RAISING $1350

Other Expenses.5

AWARDS $1000

Other Expenses.6

Bank & credit card fees $802

Other Expenses.8

FILING FEES $125

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $4000 Accounts Payable and Accrued Expenses - Ending $4000

Volunteers

Many volunteers donate their time to the foundation. No monetary expense has been included on form 990.

Raw XML Appendix189 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FUNDING TO AUGMENT AND ENHANCE PROGRAMS FOR CHILDREN WITH AUTISM WITHIN THE HALF HOLLOW HILLS SCHOOL DISCTRICT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $1222
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Subcontracted Services $134252
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUPPLIES $11847
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAM EXPENSES $4735
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FUND RAISING $1350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AWARDS $1000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank & credit card fees $802
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Payable and Accrued Expenses - Beginning $4000 Accounts Payable and Accrued Expenses - Ending $4000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MANY VOLUNTEERS DONATE THEIR TIME TO THE FOUNDATION. NO MONETARY EXPENSE HAS BEEN INCLUDED ON FORM 990.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9VOLUNTEERS
ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER SPITZER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOAR FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SOAR
ReturnHeader/Filer/EIN0204562527
ReturnHeader/Filer/PhoneNum06312193891
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ReturnHeader/Filer/USAddress/ZIPCd011746
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01860 WALT WHITMAN RD STE 900
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ReturnHeader/PreparerPersonGrp/PhoneNum06316294488
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN SIMONETTI
ReturnHeader/ReturnTs02016-06-01T05:40:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings