Soar Cafe And Farms
EIN: 821650457 · Jackson, MI · NTEE: I40
Is Soar Cafe And Farms Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Soar Cafe And Farms
Soar Cafe And Farms (EIN: 821650457) is a nonprofit organization based in Jackson, MI, classified under NTEE code I40. The organization reported total revenue of $395K and total assets of $710K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Soar Cafe And Farms's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Soar Cafe And Farms has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Soar Cafe And Farms with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Soar Cafe And Farms
Is Soar Cafe And Farms a legitimate charity?
Based on AI analysis of IRS 990 filings, Soar Cafe And Farms (EIN: 821650457) insufficient data. 0 red flags identified, 0 strengths noted.
How does Soar Cafe And Farms spend its money?
Detailed spending breakdown data is not yet available for Soar Cafe And Farms. Check back for updated IRS 990 analysis.
Are donations to Soar Cafe And Farms tax-deductible?
Soar Cafe And Farms is registered as a tax-exempt nonprofit (EIN: 821650457). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Soar Cafe And Farms showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Soar Cafe And Farms's revenue has grown by 38.1%, moving from $217K to $300K. Total assets increased by 333.3% over the same period, from $205K to $887K. Total functional expenses rose by 642.6%, from $25K to $184K. In its most recent filing year (2023), Soar Cafe And Farms reported a surplus of $116K, with revenue exceeding expenses. The organization holds $250K in liabilities against $887K in assets (debt-to-asset ratio: 28.2%), resulting in net assets of $637K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $300K | $184K | $887K | $250K | — | — |
| 2022 | $126K | $174K | $792K | $271K | — | View 990 |
| 2021 | $297K | $171K | $852K | $283K | — | View 990 |
| 2020 | $371K | $132K | $648K | $205K | — | — |
| 2019 | $217K | $25K | $205K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $300K, expenses of $184K, and assets of $887K (revenue +138.8% year-over-year).
- 2022: Revenue of $126K, expenses of $174K, and assets of $792K (revenue -57.7% year-over-year).
- 2021: Revenue of $297K, expenses of $171K, and assets of $852K (revenue -19.9% year-over-year).
- 2020: Revenue of $371K, expenses of $132K, and assets of $648K (revenue +70.9% year-over-year).
- 2019: Revenue of $217K, expenses of $25K, and assets of $205K.
Data Sources and Methodology
This transparency report for Soar Cafe And Farms is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.