Soaring Society Of America Inc
Hobbs, New Mexico
B-Health Score
45B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$1.3M
Total Revenue
📊
$1.4M
Total Expenses
🏦
$341K
Net Assets
📋
$408K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+25.3%
Year-over-year change (2022 → 2023)
Net Margin
-6.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.24
Net assets divided by total expenses
Liabilities-to-Assets
54.4%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,319,705↑25% | $1,407,152↑29% | $748,655↓19% | — |
| 2022 | $1,053,370↓55% | $1,091,459↑2% | $929,683↓88% | — |
| 2021 | $2,333,343↑48% | $1,068,277↓17% | $7,850,356↑54% | — |
| 2019 | $1,580,262↓1% | $1,286,275↓13% | $5,081,340↑21% | — |
| 2018 | $1,594,912↑38% | $1,475,054↑30% | $4,196,985↓7% | — |
| 2017 | $1,153,118↓34% | $1,132,218↓27% | $4,507,572↑12% | — |
| 2016 | $1,742,559↑61% | $1,559,545↑39% | $4,016,570↑5% | — |
| 2015 | $1,079,960↓33% | $1,123,838↓32% | $3,815,383↓1% | — |
| 2014 | $1,621,352↑42% | $1,654,103↑53% | $3,856,240 | — |
| 2013 | $1,145,465↓28% | $1,077,749↓22% | $3,855,941↑12% | — |
| 2012 | $1,601,844↓24% | $1,385,148↑34% | $3,441,128↑12% | — |
| 2011 | $2,118,934 | $1,037,039 | $3,072,676 | — |
Frequently Asked Questions
What does Soaring Society Of America Inc do?▼
Soaring Society Of America Inc is a recreation & sports nonprofit organization based in New Mexico. It is classified under NTEE code N00Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Soaring Society Of America Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Soaring Society Of America Inc.
How much revenue does Soaring Society Of America Inc generate?▼
Soaring Society Of America Inc reports $1.3M in annual revenue and holds $749K in total assets, based on IRS filings.
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