Soar Together Inc

Nonprofit profile at a glance

EIN
932682702
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Redding, CT, USA
Phone
2038106141
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Patient Services - Entertainment, Recreation

Reported finances

Revenue
$44,276
Expenses
$16,660
Assets
$38,327
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • VIRGINIA SLOANE SMITH (CEO)
  • JAMES C RIKHOFF JR (VICE PRESIDENT AND DIRECTO)
  • CHRIS SVENDSEN (PRESIDENT)

People named in this filing

  • VIRGINIA SLOANE SMITH (CEO)
  • JAMES C RIKHOFF JR (VICE PRESIDENT AND DIRECTO)
  • CHRIS SVENDSEN (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To overcome social isolation one gathering(and one smile) at a time.

What it reported doing in 2024

Soar's in-home flower power program is integral to its mission of community ministry and emphasis on providing individuals at all life stages with social engagement, dignity, and purpose while also providing respite and social engagement for family caregivers. Individuals who are in their homes are oftentimes lifelong gardeners and/or enjoy flowers, colors, and the visceral reminder of time spent with and around them. Whether an integral part of their lives or not, the cathartic nature of flowers along with visits to increase social engagement help uplift spirits. Participants help determine recipients of their arrangements, providing opportunities for participants to feel a sense of purpose through continued service to their community.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 79
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 62.4%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 2.3; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 6.5% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 46.2% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.