S O A T Inc
Only null% goes to programs Thin reserves
S O A T Inc is a 501(c)(3) organization based in Atlanta, Georgia, registered in 1985, with $607,406 in FY2024 revenue. CharityIndex grades it D.
Po Box 450049, Atlanta, GA, 31145 EIN 58-1587426 Since 1985
Revenue (FY2024)
$607K
▲ 4.8% vs prior year
Housing median: $408K
Expenses (FY2024)
$528K
Net assets
-$202K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 S O A T Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +13% margin
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 S O A T Inc: 0 mo reserves · +13% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 S O A T Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 S O A T Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 450049, Atlanta, GA, 31145
- City
- Atlanta
- State
- Georgia
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $479K (FY2013) to $607K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $755KNet assets -$202K
Operating margin
13.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$552K
Total liabilities
$755K
Net assets
-$202K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $607,406▲4.8% | $528,158▲3.6% | -$202,201▲28.2% | $552,452▲1.6% | 990 |
| 2023 | $579,732▲4.2% | $509,590▲4.6% | -$281,449▲19.9% | $543,557▲0.1% | 990 |
| 2022 | $556,558▲1.0% | $487,375▼7.6% | -$351,591▲16.4% | $542,768▼0.4% | 990 |
| 2021 | $550,867▲1.8% | $527,433▲6.7% | -$420,774▲5.3% | $544,721▼2.6% | 990 |
| 2020 | $541,234▲1.4% | $494,477▼1.3% | -$444,208▲9.5% | $559,440▼4.3% | 990 |
| 2019 | $533,725▲2.4% | $500,851▼1.1% | -$490,965▲6.3% | $584,751▲1.2% | 990 |
| 2018 | $521,072▲1.0% | $506,225 | -$523,839▲2.8% | $578,065▼6.6% | 990 |
| 2017 | $515,707▲2.6% | $506,052▼3.1% | -$538,686▲1.8% | $618,814▼3.6% | 990 |
| 2016 | $502,482▲1.4% | $522,323▲4.4% | -$548,341▼3.8% | $641,697▼7.4% | 990 |
| 2015 | $495,747▲0.9% | $500,139▲0.4% | -$528,500▼0.8% | $692,637▼7.0% | 990 |
| 2014 | $491,517▲2.6% | $498,261▲0.5% | -$524,108▼1.3% | $744,513▼4.4% | 990 |
| 2013 | $479,230 | $495,707▲0.6% | -$517,364▼3.3% | $778,384▼5.1% | 990 |
| 2012 | — | $492,640▲0.5% | -$500,887▼5.6% | $820,327▼5.7% | 990 |
| 2011 | — | $490,150▼1.1% | -$474,403▼5.2% | $869,956▼4.7% | 990 |
| 2010 | — | $495,634 | -$451,161 | $912,662 | 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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Frequently asked questions
- Is S O A T Inc a legitimate nonprofit?
- Yes. S O A T Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1587426, based in Atlanta, Georgia. Donations are tax-deductible.
- What is S O A T Inc's EIN?
- S O A T Inc's Employer Identification Number (EIN) is 58-1587426.
- How much revenue does S O A T Inc report?
- S O A T Inc reported $607,406 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does S O A T Inc have?
- CharityIndex grades S O A T Inc D, based on financial health (reserves and operating margin).
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Data for S O A T Inc (EIN 58-1587426) 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.