Passes our checks

Soar Foundation

EIN 94-3255490 · Fremont, CA

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

What it says it does

TO GRANT SENIOR HIGH SCHOOL SCHOLARSHIPS AND COLLEGE SCHLOARSHIPS TO CHINA RURAL AREA IN POVERTY. ALSO EXTNEDED MISSION TO HELP PRESCHOOLERS.

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

Strong: 100 out of 100. Higher than 91% of charities in its peer group (education, $1m to $10m).

Reserves
35 of 35
Spendable reserves would cover 52.6 months of spending.
Debt
20 of 20
It owes 4% of what it owns.
Living within its means
15 of 15
Income exceeded spending by 65% of income.
Income trend
15 of 15
Income rose 9% on the year before.
Spending floor
15 of 15
91% of spending went to programs and raising each dollar of donations cost 0 cents.

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

Weak: 21 out of 100. Higher than 1% of charities in its peer group (education, $1m to $10m).

Independent board
5 of 25
0 of 15 voting board members are independent.
Conflict of interest policy
0 of 15
Reports no written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
0 of 7
Reports no written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
0 of 10
Did not give the board a copy of this return before filing it.
Independent check of accounts
0 of 15
Its accounts were not audited or reviewed by an independent accountant.
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

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

Programs described in its return (2)

$572,168 spent. THE FOUNDATION AWARDED SCHOLARSHIPS TO HIGH SCHOOL STUDENT AND SCHOLARSHIPS TO COLLEGE STUDENTS IN CHINA. THE SCHOLARSHIP COVERS THE LIVING COSTS, TUITION, AND SUPPLIES FOR ONE YEAR OF SCHOOLING.
THE FOUNDATION HELPS SUPPORT PRESCHOOLS AND PRESCHOOL STUDENTS IN CHINA BY PROVIDING FUNDING FOR BUILDING ACTIVITY ROOMS, PLAYGROUNDS, HELPING SUBSIDIZE TEACHER LIVING COSTS, TUITION AND NUTRITION PROGRAMS, LEARNING EQUIPMENT, CLASSROOM DESK AND CHAIR UNITS, DORM BEDDING/MATTRESS, AND RELATED COSTS. THE FOUNDATION'S MISSION IN THIS PROGRAM IS MAINLY TO HELP PRESCHOOL STUDENTS IN POOR AND RURAL AREAS TO GET A BETTER EDUCATIONAL ENVIRONMENT

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

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.
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.
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.
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.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1997.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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.