Soaring Unlimited
EIN: 383198347 · Eaton Rapids, MI · NTEE: P200
| Metric | Value |
|---|---|
| Total Revenue | $367K |
| Total Expenses | $367K |
| Net Assets | $744K |
Is Soaring Unlimited Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Soaring Unlimited
Soaring Unlimited (EIN: 383198347) is a nonprofit organization based in Eaton Rapids, MI, classified under NTEE code P200. The organization reported total revenue of $367K and total assets of $745K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Soaring Unlimited's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Soaring Unlimited is a small nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $362K |
| Total Expenses | $367K |
| Surplus / Deficit | $-4,409 |
| Total Assets | $745K |
| Total Liabilities | $1K |
| Net Assets | $744K |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 24.4 months |
Financial Health Grade: B
In 2024, Soaring Unlimited reported a deficit of $4K with expenses exceeding revenue, holds 24.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Soaring Unlimited's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +36.0% | +22.8% | -0.6% |
| 2023 | -45.2% | +54.6% | -4.0% |
| 2022 | -1.1% | +2.2% | +60.0% |
| 2021 | +138.0% | +15.6% | +148.4% |
| 2020 | +71.9% | +45.8% | +38.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Soaring Unlimited 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 Soaring Unlimited 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Soaring Unlimited
Is Soaring Unlimited a legitimate charity?
Based on AI analysis of IRS 990 filings, Soaring Unlimited (EIN: 383198347) insufficient data. 0 red flags identified, 0 strengths noted.
How does Soaring Unlimited spend its money?
Detailed spending breakdown data is not yet available for Soaring Unlimited. Check back for updated IRS 990 analysis.
Are donations to Soaring Unlimited tax-deductible?
Soaring Unlimited is registered as a tax-exempt nonprofit (EIN: 383198347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Soaring Unlimited located?
Soaring Unlimited is headquartered in Eaton Rapids, Michigan and files with the IRS under EIN 383198347. It is classified under NTEE code P200.
How many years of IRS 990 filings does Soaring Unlimited have?
Soaring Unlimited has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $367K in total revenue.
Filing History
IRS 990 filing history for Soaring Unlimited showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Soaring Unlimited's revenue has grown by 229.8%, moving from $110K to $362K. Total assets increased by 391.6% over the same period, from $152K to $745K. Total functional expenses rose by 237.9%, from $109K to $367K. In its most recent filing year (2024), Soaring Unlimited reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1K in liabilities against $745K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $744K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $362K | $367K | $745K | $1K | — | — |
| 2023 | $266K | $299K | $749K | $1K | — | — |
| 2022 | $486K | $193K | $780K | $0 | — | View 990 |
| 2021 | $491K | $189K | $488K | $0 | — | View 990 |
| 2020 | $206K | $163K | $196K | $11K | — | View 990 |
| 2019 | $120K | $112K | $142K | $0 | — | View 990 |
| 2018 | $99K | $104K | $120K | $0 | — | View 990 |
| 2017 | $91K | $92K | $130K | $0 | — | View 990 |
| 2016 | $129K | $124K | $129K | $0 | — | View 990 |
| 2015 | $103K | $110K | $134K | $0 | — | View 990 |
| 2014 | $108K | $97K | $142K | $0 | — | View 990 |
| 2013 | $127K | $134K | $133K | $0 | — | View 990 |
| 2012 | $107K | $130K | $148K | $0 | — | — |
| 2011 | $110K | $109K | $152K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $362K, expenses of $367K, and assets of $745K (revenue +36.0% year-over-year).
- 2023: Revenue of $266K, expenses of $299K, and assets of $749K (revenue -45.2% year-over-year).
- 2022: Revenue of $486K, expenses of $193K, and assets of $780K (revenue -1.1% year-over-year).
- 2021: Revenue of $491K, expenses of $189K, and assets of $488K (revenue +138.0% year-over-year).
- 2020: Revenue of $206K, expenses of $163K, and assets of $196K (revenue +71.9% year-over-year).
- 2019: Revenue of $120K, expenses of $112K, and assets of $142K (revenue +21.6% year-over-year).
- 2018: Revenue of $99K, expenses of $104K, and assets of $120K (revenue +8.1% year-over-year).
- 2017: Revenue of $91K, expenses of $92K, and assets of $130K (revenue -29.1% year-over-year).
- 2016: Revenue of $129K, expenses of $124K, and assets of $129K (revenue +25.3% year-over-year).
- 2015: Revenue of $103K, expenses of $110K, and assets of $134K (revenue -4.8% year-over-year).
- 2014: Revenue of $108K, expenses of $97K, and assets of $142K (revenue -14.7% year-over-year).
- 2013: Revenue of $127K, expenses of $134K, and assets of $133K (revenue +18.4% year-over-year).
- 2012: Revenue of $107K, expenses of $130K, and assets of $148K (revenue -2.6% year-over-year).
- 2011: Revenue of $110K, expenses of $109K, and assets of $152K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Soaring Unlimited:
Data Sources and Methodology
This transparency report for Soaring Unlimited 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.