Overview
What is Soar 365?
Soar 365 is a nonprofit organization located at 3600 Saunders Avenue in Richmond, Virginia (zip code 23227). With a team of 459 dedicated employees, Soar 365 provides life-enhancing opportunities for individuals with disabilities, focusing on employment services. Their mission goes beyond just offering jobs; they offer comprehensive training and preparation for community employment. In 2022, the organization served 124 individuals through this program.
Official website here: www.soar365.org
What are the reviews and ratings of this charity?
Charity Navigator rates Soar 365 with a score of 94%, granting it a Four-Star out of Four Star rating. This high score reflects the organization's strong performance in accountability and finance, where it achieved an impressive 96. The program expense ratio of 89.33% indicates that a significant portion of its funds is directed towards its programs, demonstrating a commitment to its mission.
The organization has also excelled in constituent feedback, receiving a perfect score of 100 across all related metrics, including feedback collection, usage, and practices. This suggests that Soar 365 actively engages with the communities it serves and effectively incorporates their input into its operations.
However, while the organization shows strength in many areas, its equity strategies score is lower at 73 out of 100. This indicates that there is room for improvement in implementing broader equity practices, as currently, it reports only one such practice in operation. Overall, Soar 365 is recognized for its effective financial management and community engagement, with opportunities to enhance its equity strategies.
This AI summary has been generated from information found on Charity Navigator.
Is Soar 365 legitimate?
Soar 365 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soar 365 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: $1,389,056
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,672,299
For more financial information, click here
Official website here: www.soar365.org
What is the mission statement of Soar 365?
Soar 365 is dedicated to creating life-enriching opportunities for individuals with disabilities. Through their mission, they provide various employment solutions, offering training and preparation for community-based employment. In the year 2022, they served 124 individuals, helping them gain the skills and experience needed for meaningful work opportunities. Their primary goal is to empower individuals with disabilities, enabling them to lead full and engaging lives. By focusing on inclusive employment, Soar 365 is making a significant impact in the lives of many.
Official website here: www.soar365.org
Who is the CEO of Soar 365?
Julee W Fletcher is the Immediate Past Board Chair of Soar 365. The CEO's salary of Soar 365 is $289,263 and their total compensation is $338,563.
Official website here: www.soar365.org
What is the revenue of Soar 365?
Soar 365's revenue in 2022 was $19,174,641.
Official website here: www.soar365.org
Who are the executives of Soar 365 and what are their salaries?
The average compensation at Soar 365 during 2022 was $26,277. There are 459 employees and 823 volunteers at Soar 365.
Here are 28 key members and their salaries (Soar 365's CEO's salary is $289,263 and their total compensation is $338,563):
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- Compensation: $289,263
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- Other: $49,300
- Compensation: $191,164
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- Compensation: $123,637
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- Other: $16,223
- Compensation: $115,846
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- Other: $15,481
- Compensation: $109,199
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- Other: $8,113
- Compensation: $104,261
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- Other: $14,894
- Compensation: $105,186
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- Other: $19,243
Official website here: www.soar365.org
Where can I find the form 990 for Soar 365?
Soar 365's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.soar365.org
Learn more at the official website: www.soar365.org
Mission Statement of Soar 365
Soar 365, a mission-driven organization, strives to create life-enriching opportunities for individuals with disabilities. By providing various work settings, this nonprofit offers employment opportunities and prepares individuals for community integration through training and preparation. In 2022, Soar 365 served 124 individuals with disabilities, making a significant impact on their lives.
Through its business solutions, Soar 365 empowers individuals with disabilities by offering them the chance to contribute meaningfully to the workforce. The nonprofit's services go beyond employment, as it also focuses on preparing these individuals for successful careers in community settings. The organization's commitment to inclusivity and equal opportunities sets it apart, making a difference in the lives of those it serves.
In summary, Soar 365 is a trailblazing organization that creates life-fulfilling opportunities for individuals with disabilities. By offering work opportunities and providing training and preparation for community employment, it enables individuals to reach their full potential and contribute positively to society. The organization's dedication to fostering inclusion and empowerment makes it an essential resource for those seeking to break down barriers and overcome challenges.
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Impact
October, 2024
Soar 365 significantly impacts individuals with disabilities by creating life-fulfilling opportunities that enhance their quality of life and independence. By providing employment solutions in diverse settings, the organization empowers individuals through training and preparation for meaningful work in the community. In 2022 alone, Soar 365 served 124 individuals, helping them acquire essential skills and confidence necessary for successful employment. This initiative not only supports economic self-sufficiency but also promotes inclusion and acceptance, fostering a more diverse and equitable society. Overall, Soar 365 plays a pivotal role in improving both professional and personal outcomes for individuals with disabilities in Richmond, VA.
This information is meant to be a general summary of Soar 365. 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 2022.
- Investment Income: $15,596
- Program Service Revenue: $16,016,424
- Gross Receipts: $19,262,948
Assets and Liabilities:
- Total Assets: $21,502,679
- Total Liabilities: $7,138,019
- Net Assets: $14,364,660
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUSINESS SOLUTIONS
Revenue
$12,478,729
DAY SUPPORT SERVICES
Revenue
$2,087,620
PEDIATRIC THERAPY
Revenue
$1,150,112
RESPITE & SUMMER CAMP
Revenue
$299,963
Organization Details
Founding Year
1954
Phone
(804) 358-1874Principal Officer
Julee W Fletcher
Main Address
3600 SAUNDERS AVENUE, RICHMOND, VA, 232274347
Website
www.soar365.orgNTEE Category
Code: P82 - Human services
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