Skip to content
Nonprofiteer
← SOAR CONSORTIUM INC

Form 990 for tax year 2022

Filed by SOAR CONSORTIUM INC.

Totals

Total revenue
$3,219,134
Total expenses
$4,261,472
Contributions and grants received
$1,002,696
Grants paid
$0
Program service revenue
$2,125,735
Investment income
$90,703
Other revenue
$0
Total assets, end of year
$22,872,205
Total liabilities, end of year
$1,085,178
Net assets or fund balances, end of year
$21,787,027
Program services expenses (Part IX)
$3,825,238
Management and general expenses
$436,234
Fundraising expenses
$0
Program service expenses (Part III)
$3,825,238

Program services were 89.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,002,696

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $2,125,735 · related or exempt $2,125,735

  • 3 · Investment income

    total $27,611 · excluded $27,611

  • 7a · Gross sales of assets other than inventory

    securities $5,500,000

  • 7b · Less cost or other basis and sales expenses

    securities $5,436,908

  • 7c · Gain or loss

    securities $63,092

  • 7d · Net gain or loss

    total $63,092 · excluded $63,092

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $38,171 · management and general $38,171

  • 11g · Fees: other

    total $3,026,618 · program services $2,645,325 · management and general $381,293

  • 13 · Office expenses

    total $543,315 · program services $526,545 · management and general $16,770

  • 22 · Depreciation, depletion and amortization

    total $653,368 · program services $653,368

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,364,593 · end of year $3,659,059

  • 10a · Land, buildings and equipment: cost or other basis

    $31,959,872

  • 10b · Land, buildings and equipment: accumulated depreciation

    $12,746,726

  • 10c · Land, buildings and equipment, net

    beginning of year $19,828,699 · end of year $19,213,146

  • 17 · Accounts payable and accrued expenses

    beginning of year $372,494 · end of year $1,085,178

  • 27 · Net assets without donor restrictions

    beginning of year $22,820,798 · end of year $21,787,027

Mission and programs · 2022

Mission

TO ADVANCE ASTRONOMICAL RESEARCH AND EDUCATION BY CONSTRUCTING AND OPERATING THE SOAR TELESCOPE.

Activities or mission (Part I)

SCIENTIFIC RESEARCH IN ASTRONOMY

  • OPERATION OF ASTRONOMICAL RESEARCH FACILITY- 4.1 METER TELESCOPE.

    Expenses $3,825,238 · Revenue $2,125,735

As filed on the 2022 return.

Listed in Part VII

  • Dr Stephen E Zepf

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Dr Nicole Van Der Bliek

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Dr Bruno Castilho

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Katia Cunha

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Charles R Evans

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Douglas A Gage

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Stephen R Heathcote

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Nicholas Law

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Nicholas Moskovitz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Alexandre S Oliveira

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Jonathan Elias

    EXECUTIVE DIRECTOR

    Total calculated
    $219,252
    From this org
    $181,874
    From related orgs
    $0
    Other
    $37,378
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,204
    Bonus
    $1,899
    Other
    $23,771
    Deferred
    $18,163
    Nontaxable benefits
    $19,215
    Filer's total
    $219,252
  • Marcela Urquieta

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART II- COMPENSATION FROM AN UNRELATED ORGANIZATION
NAME: DR. JONATHAN ELIAS COMPENSATION FROM UNRELATED ORGANIZATION: $219,252 NAME OF UNRELATED ORGANIZATION: AURA TYPE OF COMPENSATION: WAGES AND BENEFITS

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
14 August 2024
IRS schema version
2022v5.0
Source object
202402279349302595

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.