Overview
What is Soar?
Soar Dba Ready For Life is a nonprofit organization situated in Grand Rapids, Michigan, with a focus on empowering individuals experiencing cognitive, learning, or social disabilities. Their primary mission involves providing work and life skill training through volunteerism, community integration, and interactive lessons. This comprehensive approach enables each person to fulfill their individual goals. Additionally, the organization offers academic opportunities for adults with disabilities, fostering an environment where they can be intellectually challenged, establish relationships, and prepare for a more self-reliant life. With a dedicated workforce of 81 individuals, Soar Dba Ready For Life is committed to empowering and supporting its community.
Official website here: www.rflnetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
Soar Dba Ready For Life has received an overall score of 81%, earning them a Three-Star rating. This score is entirely derived from their Accountability & Finance metrics, indicating a strong focus on financial management and governance practices. The organization has demonstrated a commitment to transparency and responsibility, evidenced by their independent board, which is composed entirely of independent members.
The nonprofit excels in several key areas, including having no material diversion of assets and a high program expense ratio of 91.67%, indicating that a significant portion of their funds is allocated directly to their programs. Additionally, they have robust policies in place, such as conflict of interest and whistleblower policies, contributing to their strong governance framework.
While the overall rating reflects positive organizational practices, it is important to consider that the score is informed solely by financial accountability metrics. Future evaluations could benefit from a broader assessment that includes program impact and community feedback to provide a more comprehensive view of the organization's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Soar legitimate?
Soar is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soar submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $71,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $724,633
For more financial information, click here
Official website here: www.rflnetwork.org
What is the mission statement of Soar?
Soar Dba Ready For Life's mission is centered around providing academic opportunities for adults with disabilities. Specifically, the organization aims to challenge adults experiencing cognitive, learning, and social disabilities academically, enabling them to foster relationships and prepare for a more independent life. This is achieved through work and life skill services, which include training in work and life skills through volunteerism, community integration, and interactive lessons. These activities are tailored to help each individual achieve their personalized goals.
Official website here: www.rflnetwork.org
Who is the CEO of Soar?
Jayne Rietberg is the Board Member of Soar.
Official website here: www.rflnetwork.org
What is the revenue of Soar?
Soar's revenue in 2023 was $1,195,763.
Official website here: www.rflnetwork.org
Who are the executives of Soar and what are their salaries?
The average compensation at Soar during 2023 was $9,831. There are 81 employees and 50 volunteers at Soar.
Here are 9 key members and their salaries:
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- Compensation: $76,962
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- Other: $13,527
Official website here: www.rflnetwork.org
Where can I find the form 990 for Soar?
Soar's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rflnetwork.org
Learn more at the official website: www.rflnetwork.org
Mission Statement of Soar
Soar Dba Ready For Life, a nonprofit organization, is committed to offering academic opportunities for adults with disabilities. Their mission is to challenge individuals experiencing cognitive, learning, and social disabilities academically, fostering the development of relationships and preparing them for a more independent life. This is achieved through various work and life skill services. These skills are cultivated through volunteer work, community integration, and interactive lessons, enabling each person to achieve their individualized goals.
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Impact
October, 2024
Soar significantly impacts the lives of adults with cognitive, learning, and social disabilities by providing essential academic opportunities tailored to their unique needs. Through its work and life skill services, individuals benefit from comprehensive training that fosters personal growth and independence. The organization emphasizes community integration, volunteerism, and interactive lessons, creating an engaging environment where participants can develop crucial life skills.
By focusing on individualized goals, Soar empowers adults to overcome barriers and achieve their potential. The program not only enhances academic abilities but also facilitates relationship-building, contributing to a supportive community that encourages collaboration and personal connections. Ultimately, Soar plays a pivotal role in preparing individuals for a more independent life, promoting self-confidence and improved quality of life in Grand Rapids and beyond.
This information is meant to be a general summary of Soar. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $10,284
- Program Service Revenue: $1,147,324
- Gross Receipts: $1,195,763
Assets and Liabilities:
- Total Assets: $758,762
- Total Liabilities: $49,971
- Net Assets: $708,791
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$1,147,324
Organization Details
Founding Year
2009
Phone
(616) 248-3775Principal Officer
Jayne Rietberg
Main Address
3250 - 28TH STREET SE 102, GRAND RAPIDS, MI, 49512
Website
www.rflnetwork.orgNTEE Category
Code: P80 - Human services
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