Soar Global Inc
- Assets
- $47.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-4467558
Organization Overview
Soar Global Inc is located in Birmingham, AL. The organization was established in 2019. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soar Global 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 12/2022, Soar Global Inc generated $166.2k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $173.7k during the year ending 12/2022. While expenses have increased by 4.9% per year over the past 2 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED DIRECT FINANCIAL ASSISTANCE AND RELIGIOUS CARE TO REGIONS OF THE WORLD THAT INCLUDE, AMONG OTHER GLOBAL AREAS, THE COUNTRIES OF NEPAL, AFGHANISTAN, INDIA AND NIGER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott M Montgomery President | 40 | $0 | |
Renee D Montgomery Vice Preside | 40 | $18,000 | |
Greg And Paula Sullivan Secretary | 5 | $0 | |
Keith And Esther Dukes Treasurer | 5 | $0 | |
Susan Miller Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $165,305 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $935 |
| Total Revenue | $166,240 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,377 |
| Professional fees and other payments to independent contractors | $22,742 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $131,605 |
| Total expenses | $173,724 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,210 |
| Other assets | $0 |
| Total assets | $47,210 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,210 |