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Passes our checks

Soar Inc

EIN 58-1505954 · Balsam, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood71 out of 100GovernanceStrong94 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Raising each dollar of donations cost 106 cents.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

SOAR is a seasonal accredited educational academy, GAP year program, and outdoor adventure camp dedicated to a two-fold purpose: TO PROVIDE ACADEMIC INSTRUCTION, EXPERIENTIAL EDUCATION, INTERPERSONAL LIFE SKILLS DEVELOPMENT AND OUTDOOR ADVENTURE BASED PROGRAMMING TO YOUTH DEALING WITH LEARNING DISABILITIES, AND/OR ATTENTION DEFICIT DISORDERS THROUGH THEIR PARTICIPATION IN THE ACADEMY AT SOAR. TO PROVIDE EXPERIENTIAL EDUCATION, INTERPERSONAL LIFE SKILLS DEVELOPMENT AND OUTDOOR ADVENTURE BASED PROGRAMMING TO YOUTH, YOUNG ADULTS AND FAMILIES DEALING WITH LEARNING DISABILITIES, AND/OR ATTENTION DEFICIT DISORDERS THROUGH SOAR'S OUTDOOR ADVENTURE CAMP PROGRAMS, GAP YEAR PROGRAM, AND COMMUNITY BASED SERVICES. SOAR EMBRACES A COMMITMENT TO SERVICE THAT IS EVIDENT IN THE PROFESSIONAL AND COMMUNITY INVOLVEMENT OF ITS STAFF MEMBERS. SOAR IS A PRIVATE, NON-PROFIT 501(C)(3) CORPORATION.

Income
$5.5 million
Spending
$5.5 million
Spent on programs
82%
Reserves
7.5 months of spending
Largest source of income
fees for its services, 92%
Employees
135
Highest pay
$157,740, president & ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 71 out of 100. Higher than 40% of charities in its peer group (environment, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 7.5 months of spending.

  • Debt

    16 of 20

    It owes 25% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 0% of income.

  • Income trend

    15 of 15

    Income rose 16% on the year before.

  • Spending floor

    0 of 15

    82% of spending went to programs and raising each dollar of donations cost 106 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 94 out of 100. Higher than 52% of charities in its peer group (environment, $1m to $10m).

  • Independent board

    25 of 25

    9 of 12 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    9 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $4.5 million spent. Participants in SOAR's summer camps, academy and gap year programs take part in adventure experiences designed to develop problem solving skills, effective communication strategies, general social skills and to increase self-awareness by achieving success in various outdoor activities. Each student builds essential self-esteem and self-confidence that translates into all walks of life. SOAR's success based programs focus on the gifts and abilities of each youth-strengths that will launch them into a life filled with opportunity and success. As an accredited boarding school, our academy at SOAR has granted students high school diplomas as they have successfully completed required coursework.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 1983.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.