Soaring Hope Inc
Nonprofit profile at a glance
- EIN
- 264187793
- IRS 990-EZ coverage
- 2010–2012
- Forms available
- Form 990-EZ 2012
- Location
- Columbia, MD, USA
- Phone
- 4435451610
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Personal Social Services
Reported finances
- Revenue
- $9,724
- Expenses
- $9,126
- Assets
- $156
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
4 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Program inspiring airplane flights for persons recovering from life's issues.
What it reported doing in 2012
Provided insirational flights for 5 residents at Helping Up Mission. Also provided insirational flights for 34 area youth.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. 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: 29
- Growth: 100
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; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 6.1%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.02; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 0% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 1.1% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 150% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2010 to 2012
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Review — Sustainability: Operating margin scored 59/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.