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Soar Initiative Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 812227366 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Soar Initiative Inc?

Soar Initiative Inc, a nonprofit organization situated in Indianapolis, IN, is dedicated to providing vital support to foster children and their families. Beyond traditional foster care services, Soar Initiative expands its reach by offering assistance with daily living necessities. The organization also runs a compassionate spay and neuter program, helping lower-income pet owners ensure their pets don't contribute to overpopulation. By offering these comprehensive services, Soar Initiative is committed to enhancing the lives of both children and animals in its community.


Official website here: www.soarinitiative.com

Is Soar Initiative Inc legitimate?

Soar Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soar Initiative Inc submitted a form 990EZ, 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.


Official website here: www.soarinitiative.com

What is the mission statement of Soar Initiative Inc?

Soar Initiative Inc, through its mission, focuses on providing foster programs and enhancing daily living assistance, thereby expanding its range of services. Additionally, the organization runs a spay and neuter program to aid lower-income individuals in getting their pets sterilized. The organization's primary goal is to support and improve the lives of individuals and their pets, without specifying a specific location in the provided information.


Official website here: www.soarinitiative.com

Who is the CEO of Soar Initiative Inc?

Angela Hopson is the Principal Officer of Soar Initiative Inc.


Official website here: www.soarinitiative.com

What is the revenue of Soar Initiative Inc?

Soar Initiative Inc's revenue in 2022 was $198,074.


Official website here: www.soarinitiative.com

Who are the executives of Soar Initiative Inc and what are their salaries?


Here are 6 key members and their salaries:


Mary Gamache (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fletcher White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Grimes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Irwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Hopson (Principal Officer)
  • Compensation: $65,335
  • Related: $0
  • Other: $0


Official website here: www.soarinitiative.com

Where can I find the form 990EZ for Soar Initiative Inc?

Soar Initiative Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.soarinitiative.com

Learn more at the official website: www.soarinitiative.com

Mission Statement of Soar Initiative Inc

Soar Initiative, a nonprofit organization, is committed to providing foster programs and offering assistance with daily living. This expansion of services aims to support families in need. Moreover, Soar Initiative runs a spay and neuter program, extending its reach to assist lower-income individuals in getting their pets sterilized. This initiative not only helps control pet population but also alleviates the financial burden for those who may struggle with the cost of pet care. By providing these services, Soar Initiative contributes to the well-being of both families and pets in the community.

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Impact




October, 2024

Soar Initiative Inc has made a significant impact in the Indianapolis community by providing essential foster programs and assistance with daily living. These services greatly enhance the lives of individuals and families in need, offering them vital support and resources to navigate daily challenges. Additionally, the organization runs a spay and neuter program aimed at assisting lower-income individuals in getting their pets sterilized. This initiative not only promotes responsible pet ownership but also helps to control the pet population, benefiting both animals and the community as a whole. Soar Initiative's multifaceted approach to human services contributes to community well-being and enhances the quality of life for many residents in Indianapolis.




This information is meant to be a general summary of Soar Initiative Inc. 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.

Revenue
$198,074 (2022)
Expenses
$217,114 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $198,074

Assets and Liabilities:

  • Total Assets: $283,707
  • Total Liabilities: $222,605
  • Net Assets: $61,102

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Organization Details

Principal Officer

Angela Hopson

Main Address

4025 W 10th Street, INDIANAPOLIS, IN, 46222

NTEE Category

Code: P85 - Human services

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