Community Improvement
(S12)
IRS Verified
DX Registered
990 on File
SOARING CITY P INC
Financial strength (30%)
75/100
Reliability (20%)
45/100
Effectiveness (25%)
90/100
Impact (25%)
45/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Developing an innovation ecosystem that seeds prosperity throughout its community starting with Uptown Tampa
Financial Overview — FY 2023
$644K
Total Revenue
$730K
Total Expenses
N/A
Net Assets
3
Employees
Expense Breakdown
Program Expense Ratio
N/A
Fundraising Efficiency
0.0%
Operating Reserve
N/A
Liability-to-Asset
47.5%
Revenue Diversification
N/A
Executive Compensation
$190K
Compared with Peers
FY 2022
Compared with 4,940 similar organizations
(United States, Community Improvement, $100K–$1M in expenses), FY 2022.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
87.2% | 84.6% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.8% | 12.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.7 mo | 11.3 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
47.6% | 4.1% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
102.2% | 94.6% |
P10P90
|
Bottom quarter |
|
Surplus margin
Surplus as a share of revenue
|
18.3% | 4.8% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Assisted startup founders with developing pitch decks and minimum viable products | 10 | $9,999.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $644K | $730K | N/A | — | 3 |
| 2022 | $1.1M | $931K | $132K | 87.2% | 3 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.