Soaring Eagle Academy
Soaring Eagle Academy shows consistent revenue and asset growth with no reported officer compensation.
EIN: 202286699 · Lombard, IL · NTEE: T202 · Updated: 2026-03-28
About Soaring Eagle Academy
Soaring Eagle Academy (EIN: 202286699) is a nonprofit organization based in Lombard, IL, classified under NTEE code T202. The organization reported total revenue of $8.0M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Soaring Eagle Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Soaring Eagle Academy with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Soaring Eagle Academy allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No officer compensation has been reported across all available IRS 990 filings, which is unusual for an organization of its size with nearly $8 million in annual revenue, suggesting either a fully volunteer executive leadership or compensation is categorized differently.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Soaring Eagle Academy's IRS 990 filings:
- Lack of reported officer compensation for an organization of this size, which may obscure how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Soaring Eagle Academy:
- Consistent revenue growth, nearly doubling from $4,012,153 in 2014 to $7,925,327 in 2023.
- Strong asset growth, increasing from $669,998 in 2014 to $5,113,248 in 2023, indicating financial stability.
- Consistent positive net income in most years, demonstrating fiscal responsibility (e.g., $7,925,327 revenue vs. $7,760,146 expenses in 2023).
- Low liabilities relative to assets, with liabilities of $3,549,314 against assets of $5,113,248 in 2023, suggesting good financial leverage.
Frequently Asked Questions about Soaring Eagle Academy
Is Soaring Eagle Academy a good charity?
Based on the provided financial data, Soaring Eagle Academy appears to be a financially healthy and well-managed organization with consistent revenue growth and increasing assets. The absence of reported officer compensation is a unique characteristic that could be viewed positively or warrant further inquiry into leadership structure.
How has Soaring Eagle Academy's financial health changed over time?
The organization has shown significant financial growth, with revenue nearly doubling from $4,012,153 in 2014 to $7,925,327 in 2023, and assets growing from $669,998 to $5,113,248 over the same period. This indicates strong financial management and sustainability.
What is the organization's approach to executive compensation?
The IRS 990 filings consistently report 0% for officer compensation, suggesting that the organization's top leadership may be entirely volunteer-based or that their compensation is reported under other expense categories, which would require deeper investigation to fully understand.
Filing History
IRS 990 filing history for Soaring Eagle Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Soaring Eagle Academy's revenue has grown by 799.9%, moving from $881K to $7.9M. Total assets increased by 1799.1% over the same period, from $269K to $5.1M. Total functional expenses rose by 726.5%, from $939K to $7.8M. In its most recent filing year (2023), Soaring Eagle Academy reported a surplus of $165K, with revenue exceeding expenses. The organization holds $3.5M in liabilities against $5.1M in assets (debt-to-asset ratio: 69.4%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $7.9M | $7.8M | $5.1M | $3.5M | — | View 990 |
| 2022 | $7.1M | $6.6M | $3.4M | $2.0M | — | View 990 |
| 2021 | $6.9M | $7.2M | $3.2M | $2.3M | — | View 990 |
| 2020 | $7.2M | $7.4M | $3.7M | $2.5M | — | View 990 |
| 2019 | $7.4M | $7.0M | $2.9M | $1.5M | — | View 990 |
| 2018 | $6.8M | $6.7M | $2.8M | $1.8M | — | View 990 |
| 2017 | $6.4M | $6.4M | $2.7M | $1.9M | — | View 990 |
| 2016 | $5.4M | $5.2M | $2.7M | $1.9M | — | View 990 |
| 2015 | $4.4M | $4.4M | $1.3M | $623K | — | View 990 |
| 2014 | $4.0M | $3.9M | $670K | $88K | — | View 990 |
| 2013 | $3.3M | $3.1M | $682K | $253K | — | View 990 |
| 2012 | $2.3M | $2.2M | $639K | $340K | — | View 990 |
| 2011 | $881K | $939K | $269K | $81K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.9M, expenses of $7.8M, and assets of $5.1M (revenue +11.5% year-over-year).
- 2022: Revenue of $7.1M, expenses of $6.6M, and assets of $3.4M (revenue +2.8% year-over-year).
- 2021: Revenue of $6.9M, expenses of $7.2M, and assets of $3.2M (revenue -3.5% year-over-year).
- 2020: Revenue of $7.2M, expenses of $7.4M, and assets of $3.7M (revenue -3.2% year-over-year).
- 2019: Revenue of $7.4M, expenses of $7.0M, and assets of $2.9M (revenue +8.3% year-over-year).
- 2018: Revenue of $6.8M, expenses of $6.7M, and assets of $2.8M (revenue +6.7% year-over-year).
- 2017: Revenue of $6.4M, expenses of $6.4M, and assets of $2.7M (revenue +18.3% year-over-year).
- 2016: Revenue of $5.4M, expenses of $5.2M, and assets of $2.7M (revenue +22.1% year-over-year).
- 2015: Revenue of $4.4M, expenses of $4.4M, and assets of $1.3M (revenue +10.5% year-over-year).
- 2014: Revenue of $4.0M, expenses of $3.9M, and assets of $670K (revenue +22.6% year-over-year).
- 2013: Revenue of $3.3M, expenses of $3.1M, and assets of $682K (revenue +43.7% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.2M, and assets of $639K (revenue +158.5% year-over-year).
- 2011: Revenue of $881K, expenses of $939K, and assets of $269K.
Data Sources and Methodology
This transparency report for Soaring Eagle Academy 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.