Is Kids Soar Legit?

Quick charity verification for Kids Soar (EIN: 10583325)

Verdict: Kids Soar appears trustworthy

75/100Mission Score
$389KRevenue
$45KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Kids Soar allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Kids Soar

Is Kids Soar a legitimate charity?

Based on AI analysis of IRS 990 filings, Kids Soar (EIN: 10583325) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Kids Soar a good charity to donate to?

Kids Soar has a Mission Score of 75/100. Revenue: $389K. Assets: $45K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Kids Soar?

The Employer Identification Number (EIN) for Kids Soar is 10583325. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Kids Soar spend its money?

Kids Soar allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Kids Soar's tax-exempt status?

You can verify Kids Soar's tax-exempt status using EIN 10583325 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Kids Soar, operating in Roanoke, VA, demonstrates a consistent commitment to its mission, as evidenced by its NTEE code P30 (Youth Development, Shelter, and Crisis Services). The organization has maintained a stable revenue stream, with its latest reported revenue at $388,901. However, a notable trend is that expenses have exceeded revenue in several recent periods, including 202306 ($455,094 expenses vs. $388,901 revenue) and 202206 ($488,278 expenses vs. $478,447 revenue), leading to a decrease in net assets. The organization's assets have declined from $147,733 in 202006 to $44,844 in 202306, while liabilities have increased to $24,842 in the latest period, indicating potential financial strain. Despite these financial challenges, Kids Soar maintains a strong transparency profile by consistently filing its IRS 990 forms over 13 periods. The consistent reporting of 0% officer compensation across all filings is a significant positive indicator of financial stewardship and a focus on program delivery rather than executive enrichment. This suggests that the organization's leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which can be a sign of dedication to the cause. While the detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the absence of officer compensation implies that a substantial portion of funds is likely directed towards its programs. The organization's ability to operate with minimal executive overhead, coupled with its consistent filing history, points to a generally transparent operation, though the recent trend of operating deficits and declining assets warrants closer monitoring for long-term sustainability.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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