Civic Intelligence

Soar Educational Enrichment Inc.

990EZ • Fiscal year 2017 • EIN 47-1188127

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 06, 2017

PO Box 593Salisbury, CT 06068

(860) 435-4657

Siviq Scores

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

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

73rd percentile

0.03x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

34th percentile

-2.6%

Higher net margin than 34% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$28,167

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 48.6% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

41st percentile

-1.5%

Faster asset growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

43rd percentile

-3.1%

Faster revenue growth than 43% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$71,795

Down $1,088 (-1.5%) from 2016

Net Assets

Down

$70,017

Down $1,521 (-2.1%) from 2016

Liabilities

Up

$1,778

Up $433 (+32%) from 2016

Revenue

Down

$57,984

Down $1,862 (-3.1%) from 2016

Expenses

Down

$59,505

Down $5,530 (-8.5%) from 2016

Net Income

Up

-$1,521

Up $3,668 (+71%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2015: $76,727Net Assets 2015: $76,7272015Assets 2016: $72,883Liabilities 2016: $1,345Net Assets 2016: $71,5382016Assets 2017: $71,795Liabilities 2017: $1,778Net Assets 2017: $70,0172017Assets 2018: $78,951Liabilities 2018: $399Net Assets 2018: $78,5522018Assets 2019: $86,760Liabilities 2019: $2,018Net Assets 2019: $84,7422019Assets 2020: $97,239Liabilities 2020: $3,170Net Assets 2020: $94,0692020Assets 2022: $114,049Liabilities 2022: $3,600Net Assets 2022: $110,4492022Assets 2023: $136,748Liabilities 2023: $1,751Net Assets 2023: $134,9972023Assets 2025: $150,192Liabilities 2025: $874Net Assets 2025: $149,3182025

Highlighted filing

2017

Assets$71,795
Liabilities$1,778
Net Assets$70,017

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2015: $76,911Expenses 2015: $184Net Income 2015: $76,7272015Revenue 2016: $59,846Expenses 2016: $65,035Net Income 2016: -$5,1892016Revenue 2017: $57,984Expenses 2017: $59,505Net Income 2017: -$1,5212017Revenue 2018: $62,940Expenses 2018: $54,403Net Income 2018: $8,5372018Revenue 2019: $65,802Expenses 2019: $59,611Net Income 2019: $6,1912019Revenue 2020: $75,564Expenses 2020: $66,237Net Income 2020: $9,3272020Revenue 2022: $75,532Expenses 2022: $74,944Net Income 2022: $5882022Revenue 2023: $115,041Expenses 2023: $90,493Net Income 2023: $24,5482023Revenue 2025: $152,593Expenses 2025: $150,112Net Income 2025: $2,4812025

Highlighted filing

2017

Revenue$57,984
Expenses$59,505
Net Income-$1,521
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 6, 2017
Return Version
2016v3.0
Gross Receipts
$57,984
Mission and Program Overview

Mission

To facilitate educational enrichment experiences. The corporation is organized and operated exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code (irc) of 1986.

Program Services

DescriptionGrantsExpenses
TO PROVIDE THE DYNAMIC LEARNING OPPORTUNITIES THAT ENABLE EACH AND EVERY STUDENT TO DISCOVER HIS/HER INDIVIDUAL TALENTS AND INTERESTS. OUR GOAL IS BOTH TO SUPPORT AND ENHANCE THE SCHOOL-DAY CURRICULUM AND TO PROVIDE THE ENVIRONMENT AND OPPORTUNITIES, BOTH IN AND OUT OF THE CLASSROOM, FOR LEARNING AND EXPLORATION BEYOND THIS.-$49,170
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LOUISE FALLONProgram DirePT$28,167-$28,167
KEITH MARKSPresident-$0--
EMILY VAILTreasurer-$0--
KEVIN DIAMONDDirector-$0--
SETH CHURCHILLDirector-$0--
CATRIONA POM SHILLINGFORDDirector-$0--
LIZA PINDER-STEINMETZDirector-$0--
DOUGLAS WEISMANDirector-$0--
KATIE BALDWINDirector-$0--
DARCY BOYNTONDirector-$0--
BEN METCALFDirector-$0--
CAITLIN THORNHILLDirector-$0--
DANIEL SKOGLUNDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Soar Educational Enrichment Inc
EIN
47-1188127
Address
PO BOX 593, SALISBURY, CT 06068

Signing Officer

Name
Keith Marks
Title
President
Signed
2017-10-06

Preparer

Firm
Smith Watson & Co Llp
Address
406 MAIN STREET, GREAT BARRINGTON, MA 01230
Preparer
Robin a Markey
Phone
4135281111
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Special event revenue prize non-cash 50 winter drama expense 5,860 soar bowl expense 229 fall festival expense 269 jumpfets expense 907 expenses advertising expense 100 insurance 2,475 postage 169 assemblies 2,100 other expenses 244 material reimbursements 814 telephone expense 373 workshop expenses 8 grants to scs teachers 1,110 postage, mailing service 707 bank fees 110 office expense 2,537 printing & copying 1,673 supplies 98 total 19,833

Form 990-ez, Part II, Line 26

Withheld federal tax 995 1,548 withheld state tax 70 230 accrued unemployment comp tax 280 0

Form 990-ez, Part III

To facilitate educational enrichment experiences. The corporation is organized and operated exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code (irc) of 1986.

Form 990-ez, Part III, Line 28

To provide the dynamic learning opportunities that enable each and every student to discover his/her individual talents and interests. Our goal is both to support and enhance the school-day curriculum and to provide the environment and opportunities, both in and out of the classroom, for learning and exploration beyond this.

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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/OfficerDirectorTrusteeEmplGrp/TitleTxt12PROGRAM DIRE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt019833
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IRS990EZ/PrimaryExemptPurposeTxt0TO FACILITATE EDUCATIONAL ENRICHMENT EXPERIENCES. THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) OF 1986.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENT REVENUE PRIZE NON-CASH 50 WINTER DRAMA EXPENSE 5,860 SOAR BOWL EXPENSE 229 FALL FESTIVAL EXPENSE 269 JUMPFETS EXPENSE 907 EXPENSES ADVERTISING EXPENSE 100 INSURANCE 2,475 POSTAGE 169 ASSEMBLIES 2,100 OTHER EXPENSES 244 MATERIAL REIMBURSEMENTS 814 TELEPHONE EXPENSE 373 WORKSHOP EXPENSES 8 GRANTS TO SCS TEACHERS 1,110 POSTAGE, MAILING SERVICE 707 BANK FEES 110 OFFICE EXPENSE 2,537 PRINTING & COPYING 1,673 SUPPLIES 98 TOTAL 19,833
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WITHHELD FEDERAL TAX 995 1,548 WITHHELD STATE TAX 70 230 ACCRUED UNEMPLOYMENT COMP TAX 280 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO FACILITATE EDUCATIONAL ENRICHMENT EXPERIENCES. THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) OF 1986.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE THE DYNAMIC LEARNING OPPORTUNITIES THAT ENABLE EACH AND EVERY STUDENT TO DISCOVER HIS/HER INDIVIDUAL TALENTS AND INTERESTS. OUR GOAL IS BOTH TO SUPPORT AND ENHANCE THE SCHOOL-DAY CURRICULUM AND TO PROVIDE THE ENVIRONMENT AND OPPORTUNITIES, BOTH IN AND OUT OF THE CLASSROOM, FOR LEARNING AND EXPLORATION BEYOND THIS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KEITH MARKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOAR EDUCATIONAL ENRICHMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0SOAR
ReturnHeader/Filer/EIN0471188127
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 593
ReturnHeader/Filer/USAddress/CityNm0SALISBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006068
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01C196688A2CA714784FDFFC8C264CC80F338CE36
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId025B693A878EA450C1F311616A82E4637ACC61B31
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042530803
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMITH WATSON & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0406 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREAT BARRINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001230
ReturnHeader/PreparerPersonGrp/PhoneNum04135281111
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBIN A MARKEY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-11-03T14:46:32-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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