Overview
What is Soaring Winds Inc?
Soaring Winds Inc is a nonprofit organization that was founded in 2016 with a mission to combat drunk driving. The organization has been actively campaigning and educating on this issue since its inception. In 2020, they managed to raise $30,000 from their family members, which they plan to utilize for funding school scholarships and other events. Soaring Winds Inc intends to continue its fundraising efforts in 2021 to expand its reach and impact. Their goal is to make a significant contribution towards preventing drunk driving-related incidents and supporting the education of future generations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Soaring Winds Inc has earned a solid Three-Star rating from Charity Navigator, reflecting its commitment to accountability and finance, scoring 87% in this area. This rating is derived entirely from its accountability metrics, which emphasize the organization's financial health and governance practices. An impressive aspect of its governance is the composition of its board, with 60% of members being independent, ensuring unbiased decision-making.
The organization exhibits strong financial indicators, including a liabilities to assets ratio of 0.00%, which signifies no debt burden. Additionally, it boasts a 100% program expense ratio, indicating that all its expenses directly support its charitable mission. This financial prudence is complemented by the presence of robust policies, such as a conflict of interest and whistleblower policy, which further enhance its accountability.
While the rating is commendable, it is important to note that the score is based solely on financial metrics, with no additional beacons considered. This limited focus may not provide a complete picture of the nonprofit's overall impact or effectiveness in achieving its mission. Nonetheless, the strong accountability measures in place are a positive sign for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Soaring Winds Inc legitimate?
Soaring Winds Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soaring Winds 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.
What is the mission statement of Soaring Winds Inc?
Soaring Winds Inc, established in 2016, is dedicated to combating drunk driving. Their mission involves both campaigning against this issue and educating the public about its dangers. In 2020, they successfully raised $30,000 from their family members. Looking ahead, they plan to continue fundraising in 2021, with the intention of distributing the funds gathered to provide school scholarships and support various events.
Who is the CEO of Soaring Winds Inc?
Unavailable
What is the revenue of Soaring Winds Inc?
Soaring Winds Inc's revenue in 2022 was $0.
Who are the executives of Soaring Winds Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for Soaring Winds Inc?
Soaring Winds Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Soaring Winds Inc
Soaring Winds Inc, established in 2016, is committed to combating drunk driving. The organization's mission involves both campaigning against this issue and educating the public about its dangers. After initial planning, Soaring Winds managed to gather $30,000 in funds from their family members in 2020. They have plans to engage in further fundraising activities in 2021, with the aim of distributing the proceeds towards school scholarships and various events that align with their mission.
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Impact
October, 2024
Soaring Winds Inc has made significant strides in combating drunk driving through education and awareness initiatives. Established in 2016 and fueled by dedicated planning, the organization has mobilized resources to raise $30,000, primarily from family contributions in 2020. This financial support enables them to create impactful programs aimed at raising awareness about the dangers of drunk driving.
The organization focuses on campaigning and educating communities, particularly young people, about the severe consequences of impaired driving. They are also committed to providing scholarships for students and hosting events that promote safe driving practices, reinforcing their mission to foster a culture of responsibility and safety. By championing these causes, Soaring Winds Inc contributes to reducing drunk driving incidents and enhancing community safety in Southampton, NY.
This information is meant to be a general summary of Soaring Winds 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $24,765
- Total Liabilities: $0
- Net Assets: $24,765
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Organization Details
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