Preparing To Soar Inc
- Assets
- $3.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Smithfield, NC
- Founding
- 04/2011
- Data as of
- 06/2023
- EIN
- 27-3947345
Organization Overview
Preparing To Soar Inc is located in Smithfield, NC. The organization was established in 2011. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preparing To Soar Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Preparing To Soar Inc generated $123.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $120.4k during the year ending 06/2023. While expenses have increased by 6.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marlyn Lewis Executive Director | 32 | $43,422 | |
Tedra Fair Lead Court Counselor | 32 | $38,322 | |
Herman C Fair Jr Case Manager | 25 | $22,036 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,280 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $123,280 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $103,780 |
| Occupancy, rent, utilities, and maintenance | $16,619 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $120,399 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,622 |
| Other assets | $0 |
| Total assets | $3,622 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,622 |