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Soar Consortium Inc

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

EIN: 860944542 ✦ Tucson, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Soar Consortium Inc?

Soar Consortium Inc is a nonprofit organization situated in Tucson, Arizona. Their primary focus lies in the realm of astronomical research, specifically operating the 4.2-meter SOAR telescope. This organization's mission is to push the boundaries of astronomical knowledge by constructing and managing this advanced telescope. By engaging in scientific research in astronomy, Soar Consortium Inc contributes significantly to the advancement of this field and fosters educational growth in the area of astronomy.


Official website here: www.soartelescope.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Soar Consortium Inc has earned a Four-Star rating from Charity Navigator, reflecting an impressive score of 97% based entirely on its Accountability & Finance. This high rating indicates the organization operates with a strong emphasis on financial health and transparency, demonstrating effective oversight and governance, including a fully independent board and comprehensive financial policies that promote accountability.

The charity showcases exemplary practices, such as having no material diversion of assets, a robust program expense ratio of 88.24%, and a remarkably efficient fundraising process with no fundraising costs reported. This suggests that the majority of funds raised are directed towards the organization's programs, maximizing the impact of donations on its mission.

While the data highlights significant strengths in financial management and governance, there are no noted limitations or concerns reflected in the available feedback. Overall, Soar Consortium Inc appears to be a well-managed organization with a strong commitment to accountability and effective use of resources.


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

Is Soar Consortium Inc legitimate?

Soar Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soar Consortium Inc 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


Official website here: www.soartelescope.org

What is the mission statement of Soar Consortium Inc?

The Soar Consortium Inc is committed to advancing astronomical research and education. This is achieved through constructing and operating the SOAR telescope. The primary mission of the organization is to conduct scientific research in the field of astronomy using the SOAR telescope, which is a 4.2-meter telescope. The operation of this telescope plays a crucial role in expanding our understanding of the cosmos and contributes to the advancement of astronomical knowledge. The Soar Consortium Inc also likely engages in education and outreach activities related to astronomy, aiming to inspire and engage the wider public in this fascinating field.


Official website here: www.soartelescope.org

Who is the CEO of Soar Consortium Inc?

Dr Jonathan Elias is the Director of Soar Consortium Inc.


Official website here: www.soartelescope.org

What is the revenue of Soar Consortium Inc?

Soar Consortium Inc's revenue in 2022 was $3,040,536.


Official website here: www.soartelescope.org

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

There 10 volunteers at Soar Consortium Inc.


Here are 11 key members and their salaries:


Dr Bruno Castilho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr J Christopher Clemens (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Katia Cunha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Charles R Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Stephen R Heathcote (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Nicole Van Der Bliek (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Stephen E Zepf (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Nicholas Moskovitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Alexandre S Oliveira (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Douglas A Gage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jonathan Elias (Executive Director)
  • Compensation: $184,769
  • Related: $0
  • Other: $39,354


Official website here: www.soartelescope.org

Where can I find the form 990 for Soar Consortium Inc?

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


Official website here: www.soartelescope.org

Learn more at the official website: www.soartelescope.org

Mission Statement of Soar Consortium Inc

Soar Consortium Inc, a nonprofit organization, is dedicated to pushing the boundaries of astronomical research and education. Their primary mission revolves around constructing and operating the SOAR telescope, a 4.2-meter instrument. By doing so, Soar Consortium aims to advance our understanding of the cosmos, contributing to groundbreaking discoveries and theoretical developments in the field of astronomy. The organization's work is instrumental in fostering a deeper appreciation for the mysteries of the universe and inspiring the next generation of astronomers.

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Impact




July, 2024

Soar Consortium Inc is making a significant impact in the field of scientific research in astronomy through the operation of an astronomical research facility that includes a 4.2-meter telescope. Their mission to advance astronomical research and education by constructing and operating the SOAR telescope in Tucson, AZ, is helping to push the boundaries of our understanding of the universe. This organization's dedication to pushing the boundaries of science in the realm of astronomy is commendable and impactful.




This information is meant to be a general summary of Soar Consortium 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
$3,040,536 (2022)
Expenses
$3,441,639 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,870
  • Gross Receipts: $3,040,536

Assets and Liabilities:

  • Total Assets: $23,193,292
  • Total Liabilities: $372,494
  • Net Assets: $22,820,798

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Organization Details

Founding Year

1999

Principal Officer

Dr Jonathan Elias

Main Address

PO BOX 26732, TUCSON, AZ, 857266732

NTEE Category

Code: U31 - Science research

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