Civic Intelligence

Soar Initiative Inc.

990EZ • Fiscal year 2022 • EIN 81-2227366

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

Organization Profilesoarinitiative.com
4025 W 10th StreetIndianapolis, IN 46222

(317) 529-4891

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.78x

Higher debt load relative to assets than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

1.12x

Higher debt load relative to revenue than 95% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

27th percentile

-9.6%

Higher net margin than 27% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

95th percentile

$65,335

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 33.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

32nd percentile

-9.5%

Faster asset growth than 32% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

40th percentile

-0.4%

Faster revenue growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$283,707

Down $29,741 (-9.5%) from 2021

Net Assets

Down

$61,102

Down $19,040 (-24%) from 2021

Liabilities

Down

$222,605

Down $10,701 (-4.6%) from 2021

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin27th percentile

Revenue

Down

$198,074

Down $757 (-0.4%) from 2021

Expenses

Down

$217,114

Down $21,757 (-9.1%) from 2021

Net Income

Up

-$19,040

Up $21,000 (+52%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$400K$300K$200K$100K$0Assets 2018: $9,838Liabilities 2018: $02018Assets 2019: $315,325Liabilities 2019: $229,000Net Assets 2019: $86,3252019Assets 2020: $344,125Liabilities 2020: $223,943Net Assets 2020: $120,1822020Assets 2021: $313,448Liabilities 2021: $233,306Net Assets 2021: $80,1422021Assets 2022: $283,707Liabilities 2022: $222,605Net Assets 2022: $61,1022022Assets 2023: $284,128Liabilities 2023: $217,905Net Assets 2023: $66,2232023Assets 2024: $267,504Liabilities 2024: $229,204Net Assets 2024: $38,3002024

Highlighted filing

2022

Assets$283,707
Liabilities$222,605
Net Assets$61,102
Open 2022 Filing

Operations Trend

Revenue Growth40th percentile

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

$300K$200K$100K$0-$100KRevenue 2018: $123,560Expenses 2018: $113,981Net Income 2018: $9,5792018Revenue 2019: $273,907Expenses 2019: $197,420Net Income 2019: $76,4872019Revenue 2020: $263,658Expenses 2020: $229,801Net Income 2020: $33,8572020Revenue 2021: $198,831Expenses 2021: $238,871Net Income 2021: -$40,0402021Revenue 2022: $198,074Expenses 2022: $217,114Net Income 2022: -$19,0402022Revenue 2023: $277,906Expenses 2023: $272,785Net Income 2023: $5,1212023Revenue 2024: $226,577Expenses 2024: $254,500Net Income 2024: -$27,9232024

Highlighted filing

2022

Revenue$198,074
Expenses$217,114
Net Income-$19,040
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$198,074
Mission and Program Overview

Mission

Foster programs and assistance with daily living to persons experiencing medical issues homelessness or domestic violence

Program Services

DescriptionGrantsExpenses
Foster Programs and Assistance of Dailing living$84,059$200,188
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Angela HopsonPrincipal OfficerFT$65,335-$65,335
Mary GamacheDirector-$0--
Jennifer KingDirector-$0--
Fletcher WhiteDirector-$0--
Samantha GrimesDirector-$0--
Holly IrwinDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Soar Initiative Inc
EIN
81-2227366
In Care Of
% Angela Hopson
Address
4025 W 10th Street, INDIANAPOLIS, IN 46222

Signing Officer

Name
Angela Hopson
Title
Principal Officer
Signed
2023-11-13
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 10

“| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Housing food, grantee, "housing foster food and clothing", $84059.00, No Relationship|”

Part I, line 16

“| Other Expenses:, Amount:| auto supplies depreciation and interest, $29616.00|”

Part II, line 26

“| Liabilities Name:, BOY Amount:, EOY Amount:| Mortgages or other loans payable, $233306, $222605|”

Raw XML Appendix185 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Angela Hopson
IRS990EZ/BooksInCareOfDetail/PhoneNum03175294891
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04025 W 10th Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046222
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt039268
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016937
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0198074
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-19040
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt074972
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0313448
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0283707
IRS990EZ/GrantsAndSimilarAmountsPaidAmt084059
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0198074
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0274180
IRS990EZ/LandAndBuildingsGrp/EOYAmt0266770
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt080142
IRS990EZ/NetAssetsOrFundBalancesEOYAmt061102
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt080142
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt061102
IRS990EZ/OccupancyRentUtltsAndMaintAmt028467
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt34
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt580
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt565335
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Mary Gamache
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jennifer King
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Fletcher White
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Samantha Grimes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Holly Irwin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Angela Hopson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Principal Officer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt029616
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Foster programs and assistance with daily living to persons experiencing medical issues homelessness or domestic violence
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Foster Programs and Assistance of Dailing living
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt084059
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0200188
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0233306
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0222605
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0217114
IRS990EZ/TotalProgramServiceExpensesAmt0200188
IRS990EZ/TotalRevenueAmt0198074
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0soarinitiative.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0198074
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0198831
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0263658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0273907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0110441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01044911
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt013120
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.8857
IRS990ScheduleA/PublicSupportPY170Pct00.8496
IRS990ScheduleA/PublicSupportTotal170Amt0925429
IRS990ScheduleA/SubstantialContributorsTotAmt0119482
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0198074
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0198831
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0263658
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0273907
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0110441
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01044911
IRS990ScheduleA/TotalSupportAmt01044911
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Housing food, grantee, "housing foster food and clothing", $84059.00, No Relationship|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| auto supplies depreciation and interest, $29616.00|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Liabilities Name:, BOY Amount:, EOY Amount:| Mortgages or other loans payable, $233306, $222605|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Angela Hopson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Principal Officer
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOAR INITIATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0SOAR
ReturnHeader/Filer/EIN0812227366
ReturnHeader/Filer/ForeignPhoneNum03175294891
ReturnHeader/Filer/InCareOfNm0% Angela Hopson
ReturnHeader/Filer/USAddress/AddressLine1Txt04025 W 10th Street
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046222
ReturnHeader/ReturnTs02023-11-13T01:34:51-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$283,707
Liabilities
$222,605
Net assets
$61,102
Revenue
$198,074
Expenses
$217,114
Net income
-$19,040
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$2.29$0.38$2.27$2.55$0.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.84$2.18$0.66$2.78$2.73$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.84$2.23$0.61$1.98$2.17$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.13$2.33$0.80$1.99$2.39$0.40
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.44$2.24$1.20$2.64$2.30$0.34
2019Summary only. Only limited summary data is available for this year.$3.15$2.29$0.86$2.74$1.97$0.76
2018Summary only. Only limited summary data is available for this year.$0.10$0.00$1.24$1.14$0.10