Skip to content
Nonprofiteer
← SOAR CONSORTIUM INC

Form 990 for tax year 2024

Filed by SOAR CONSORTIUM INC.

Totals

Total revenue
$3,636,361
Total expenses
$5,292,002
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$3,571,882
Investment income
$64,479
Other revenue
$0
Total assets, end of year
$20,527,121
Total liabilities, end of year
$1,462,416
Net assets or fund balances, end of year
$19,064,705
Program services expenses (Part IX)
$4,644,330
Management and general expenses
$647,672
Fundraising expenses
$0
Program service expenses (Part III)
$4,644,330

Program services were 87.8% 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.

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $3,571,882 · related or exempt $3,571,882

  • 3 · Investment income

    total $29,261 · excluded $29,261

  • 7a · Gross sales of assets other than inventory

    securities $3,000,000

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

    securities $2,964,782

  • 7c · Gain or loss

    securities $35,218

  • 7d · Net gain or loss

    total $35,218 · excluded $35,218

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $32,591 · management and general $32,591

  • 11g · Fees: other

    total $4,116,262 · program services $3,520,826 · management and general $595,436

  • 13 · Office expenses

    total $393,017 · program services $393,017

  • 16 · Occupancy

    total $46,315 · program services $46,315

  • 17 · Travel

    total $41,889 · program services $41,889

  • 22 · Depreciation, depletion and amortization

    total $642,283 · program services $642,283

  • 23 · Insurance

    total $19,645 · management and general $19,645

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,459,133 · end of year $2,549,914

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

    $31,996,670

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

    $14,019,463

  • 10c · Land, buildings and equipment, net

    beginning of year $18,575,467 · end of year $17,977,207

  • 17 · Accounts payable and accrued expenses

    beginning of year $761,084 · end of year $1,462,416

  • 19 · Deferred revenue

    beginning of year $547,712 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $20,725,804 · end of year $19,064,705

Mission and programs · 2024

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- 4.2 METER TELESCOPE.

    Expenses $4,644,330 · Revenue $3,571,882

As filed on the 2024 return.

Listed in Part VII

  • Dr Nicole Van Der Bliek

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Dr Alberto Roderiguez Ardila

    VICE PRESIDENT

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

    TREASURER

    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 Moskovitz

    DIRECTOR (THRU 2/25)

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

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Stephen E Zepf

    DIRECTOR

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

    EXECUTIVE DIRECTOR (THRU 09/30/24)

    Total calculated
    $224,008
    From this org
    $185,511
    From related orgs
    $0
    Other
    $38,497
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,860
    Bonus
    $0
    Other
    $6,651
    Deferred
    $18,462
    Nontaxable benefits
    $20,035
    Filer's total
    $224,008
  • Cesar Briceno

    EXECUTIVE DIRECTOR (AS OF 10/24)

    Total calculated
    $152,680
    From this org
    $138,471
    From related orgs
    $0
    Other
    $14,209
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,794
    Bonus
    $0
    Other
    $677
    Deferred
    $13,645
    Nontaxable benefits
    $564
    Filer's total
    $152,680
  • 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)

PART I, LINE 3
THE DIRECTOR'S COMPENSATION, SINCE KNOWN, HAS BEEN LISTED ON PART VII AND SCHEDULE J PURSUANT TO THE FORM 990 INSTRUCTIONS. NAME: DR. JONATHAN ELIAS COMPENSATION FROM UNRELATED ORGANIZATION: $224,008 TYPE OF COMPENSATION: WAGES AND BENEFITS NAME OF UNRELATED ORGANIZATION: AURA NAME: CESAR BRICENO COMPENSATION FROM UNRELATED ORGANIZATION: $152,680 TYPE OF COMPENSATION: WAGES AND BENEFITS NAME OF UNRELATED ORGANIZATION: AURA

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
2024
Filed
5 August 2026
IRS schema version
2024v5.5
Source object
202642199349301014

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.