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Soar For Greatness

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

EIN: 821234374 ✦ Spring, TX ✦ Designated as a 501(c)(3)

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Overview

What is Soar For Greatness?

Soar For Greatness is a nonprofit organization that focuses on addressing socio-economic disparities and providing essential services to communities that are often overlooked by their local governments or communities. Their work encompasses offering educational resources, mentorship programs, and medical interventions. This organization serves its community with a mission to improve living conditions and promote overall well-being, extending its reach in 2022.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 70% (Two-Star out of Four Star rating)

Soar For Greatness has received a Two-Star rating from Charity Navigator, reflecting a score of 70%. This rating is based solely on the Accountability & Finance beacon, indicating that while the organization performs well in certain areas of financial management, there are several critical governance policies that are lacking transparency. Such a score suggests that while the charity is managing its resources effectively, improvements in its operational practices are necessary for a higher rating.

The organization demonstrates strong accountability measures with a fully independent board and no reported diversion of assets, contributing positively to its evaluation. It also has a commendable program expense ratio of 93.59%, suggesting that the majority of its funds are directed towards its mission activities. However, the absence of essential policies, including a conflict of interest policy and whistleblower policy, raises concerns about overall governance and transparency.

Despite its strengths in financial accountability, the lack of transparency in certain governance aspects and missing documentation such as board meeting minutes and the charity's tax form on its website limit its overall assessment. These issues are significant and may hinder potential donors' trust and willingness to support the organization without further improvements in its operational practices.


This AI summary has been generated from information found on Charity Navigator.

Is Soar For Greatness legitimate?

Soar For Greatness is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soar For Greatness 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Soar For Greatness?

Soar For Greatness is committed to providing socio-economic aid, educational services, mentoring, and medical intervention to communities that are often overlooked by their local authorities or neighborhoods. Their mission is to assist these underserved communities in overcoming their challenges, ultimately aiming to improve their quality of life. The organization carries out its activities through various programs, including serving the community in 2022.

Who is the CEO of Soar For Greatness?

Unavailable

What is the revenue of Soar For Greatness?

Soar For Greatness's revenue in 2022 was $30,904.

Who are the executives of Soar For Greatness and what are their salaries?

There 10 volunteers at Soar For Greatness.


Here are 5 key members and their salaries:


Donald W Stabe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Agneti A Venkatraman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vijay Ramamoorthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary J Ebenezer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph P Ebenezer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Soar For Greatness?

Soar For Greatness's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Soar For Greatness

Soar For Greatness is a dedicated organization that aims to offer socio-economic assistance, educational services, and mentoring, alongside medical intervention, to communities that are often overlooked by their local governments or communities. The mission of Soar For Greatness is to uplift these underserved communities by providing essential resources and support. Through their programs, they strive to empower these communities, helping them to overcome the challenges they face. In 2022, Soar For Greatness continues to serve these communities, working tirelessly to make a positive impact.

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Impact




August, 2024

Soar For Greatness's impact lies in providing performing socio-economic assistance, educational services, mentoring, and medical intervention to underserved communities. Through their programs, they address the needs of communities that are often neglected by local governments or other organizations. This organization based in Spring, TX, is dedicated to making a difference in the lives of those they serve by offering vital support and resources in 2022.




This information is meant to be a general summary of Soar For Greatness. 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
$30,904 (2022)
Expenses
$29,960 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $30,904

Assets and Liabilities:

  • Total Assets: $19,309
  • Total Liabilities: $0
  • Net Assets: $19,309

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Organization Details

Founding Year

2017

Main Address

9414 BAYOU BLUFF DR, Spring, TX, 77379

NTEE Category

Code: P20 - Human services

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