Totals
- Total revenue
- $790,600
- Total expenses
- $573,705
- Contributions and grants received
- $764,812
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $25,788
- Other revenue
- $0
- Total assets, end of year
- $1,484,230
- Total liabilities, end of year
- $5,754
- Net assets or fund balances, end of year
- $1,478,476
- Program services expenses (Part IX)
- $449,009
- Management and general expenses
- $124,696
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $449,009
Program services were 78.3% 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.
-
1f · All other contributions, gifts and grants
$764,812
-
1g · Noncash contributions included above
$11,510
-
3 · Investment income
total $25,788 · related or exempt $25,788
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $130,277 · program services $87,400 · management and general $42,877
-
9 · Other employee benefits
total $8,436 · management and general $8,436
-
10 · Payroll taxes
total $10,668 · program services $7,157 · management and general $3,511
-
11g · Fees: other
total $354,452 · program services $354,452
-
12 · Advertising and promotion
total $1,001 · management and general $1,001
-
13 · Office expenses
total $4,517 · management and general $4,517
-
23 · Insurance
total $2,252 · management and general $2,252
-
24a · Other expenses: Capacity Building Proje
total $24,719 · management and general $24,719
-
24b · Other expenses: Student Help and Office
total $23,102 · management and general $23,102
-
24c · Other expenses: Recruiting
total $6,521 · management and general $6,521
-
24d · Other expenses: Other Business Expenses
total $2,949 · management and general $2,949
-
24e · All other expenses
total $4,811 · management and general $4,811
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $336,642 · end of year $125,767
-
2 · Savings and temporary cash investments
beginning of year $929,497 · end of year $1,358,463
-
10a · Land, buildings and equipment: cost or other basis
$704
-
10b · Land, buildings and equipment: accumulated depreciation
$704
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $4,558 · end of year $5,754
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $1,261,581 · end of year $1,478,476
Mission and programs · 2023
Mission
In community partnership with UC Berkeley, SOAR helps Bay Area foster youth aged 11-21 move through adolescence and into their adult lives with independence. We teach, coach, and counsel our young people in academics, leadership, life skills, and emotional intelligence. We provide them with activities that build trust, promote teamwork, and enhance self-esteem. The SOAR program aims to help our young people graduate from high school, attend college, and succeed in life with purpose.
-
Summer Precollegiate Academies (Previously Foster Youth Summer Program):We partnered with Bay Area County Social Services and CASA chapters to identify candidates for our program. We held four one week residential precollegiate academies (Prepare To SOAR, Learn To SOAR, Time To SOAR, and SOAR To College) in 2023.Forty six foster (46) youths attended the summer academies.
Expenses $212,190
-
School-Year Academic Support (Previously Foster Youth Academic Support):SOAR provides essential academic support, on a case-by-case basis, to help ensure that SOAR youth's grade point average consistently increase, and that our young people pursue an educational course leading to the fulfillment of their educational goals and a bright future.Eight of our nine high school seniors graduated on time. Only one did not make it to high school graduation. Cumulatively, 97% of SOAR high school seniors have graduated (96% on time). 92% of them went on to college, 46% to a four-year university.SOAR strives to find and match an Academic Advocate for every SOAR youth who needed AND wanted an Academic Advocate. We served 55 youths.
Expenses $80,168
-
Summer Internship Program:SOAR launched a Summer Internship Program in 2018 to motivate and reward our summer program graduates for their academic excellence. We have deepened this offering by paying for transportation costs in addition to a stipend. We placed 16 SOAR interns with employers whose businesses were aligned with their career interests in 2023. In 2023 SOAR also hosted five Staying Connected Events to help our young people stay connected, to make them feel they have a home base to return to, and to remind them there are people who care about their future.Launched in January 2023 the SOARing Forward program components include:* Donor-Directed Scholarships: The donor has the option of restricting scholarship eligibility to students meeting specific criteria representing a particular interest or passion. * SOAR Champion Award * Vocational Assistance * 3rd Party Internship/Workshop Stipend* Relief Fund: This award provides small grants to SOAR youths who encounter unanticipated financial burdens which, without SOAR's assistance, might jeopardize their continued academic progress. In total, SOAR served 127 foster youths in 2023.
Expenses $83,203
-
Expenses $73,448
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Diana Brown
President and Chair
- Total calculated
- $0
- Hours/week
- 60
-
Kem Robinson
Treasurer
- Total calculated
- $0
- Hours/week
- 14
-
Libby Colman
Director
- Total calculated
- $0
- Hours/week
- 10
-
Leticia Galyean
Director
- Total calculated
- $0
- Hours/week
- 4
-
Denise Fuller
Director
- Total calculated
- $0
- Hours/week
- 4
-
Brian Libow
Director
- Total calculated
- $0
- Hours/week
- 10
-
Beth Luke
Secretary
- Total calculated
- $0
- Hours/week
- 12
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 February 2024
- IRS schema version
- 2023v4.0
- Source object
- 202410379349300346
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.