Is Soaring Eagle Academy Legit?

Quick charity verification for Soaring Eagle Academy (EIN: 202286699)

Verdict: Soaring Eagle Academy appears trustworthy

88/100Mission Score
$8.0MRevenue
$4.6MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Soaring Eagle Academy demonstrates consistent financial growth and a strong commitment to its program services. Over the past decade, the organization's revenue has steadily increased from $4,012,153 in 2014 to $7,925,327 in 2023, indicating robust fundraising or service demand. The academy consistently operates with a surplus, as seen in 2023 where revenue of $7,925,327 exceeded expenses of $7,760,146, contributing to healthy asset growth from $669,998 in 2014 to $5,113,248 in 2023. The organization's spending efficiency appears strong, with a significant portion of its budget likely directed towards its core mission, given the consistent surpluses and growth. The absence of reported officer compensation across all available filings suggests either a volunteer leadership structure or that compensation is reported under other categories, which could impact the perception of transparency regarding executive pay. However, the overall financial trajectory points to a well-managed and fiscally responsible entity. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent growth in assets and revenue, coupled with positive net income in most years, suggests effective financial management. The lack of reported officer compensation is a notable point for transparency, as it might lead to questions about how leadership is compensated or if it's truly a volunteer-led organization at the highest level. Overall, Soaring Eagle Academy appears to be in good financial health with a positive growth trend.

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Disclaimer

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

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