A Space To Soar Inc is a 501(c)(3) organization based in Atlanta, Georgia, registered in 2019, with $316,511 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$317K
▼ 3.1% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$435K
Net assets
-$219K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A Space To Soar Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A Space To Soar Inc: 0 mo reserves · -38% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A Space To Soar Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A Space To Soar Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $447K (FY2018) to $317K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-37.5%
Spent more than it raised in the latest fiscal year.
Total assets
$8.1M
Total liabilities
$8.3M
Net assets
-$219K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $316,511▼3.1% | $435,353▼5.5% | -$219,072▼119% | $8,110,928▼1.4% | 990 |
| 2023 | $326,520▲275% | $460,552▲324% | -$100,230▼172% | $8,229,770▼2.8% | 990 |
| 2022 | $87,031▼72.5% | $108,549▼76.0% | $139,138▼13.4% | $8,469,138▼0.3% | 990 |
| 2021 | $316,545▼6.0% | $452,274▲1.3% | $160,656▼45.8% | $8,491,712▼1.6% | 990 |
| 2020 | $336,575▲111% | $446,351▲152% | $296,385▼27.0% | $8,626,385▼5.8% | 990 |
| 2019 | $159,668▼64.2% | $176,899▲664% | $406,161▼4.1% | $9,157,906▼6.2% | 990 |
| 2018 | $446,545 | $23,153 | $423,392 | $9,765,618 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for A Space To Soar Inc (EIN 83-2178217) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.