2024-11-15T18:32:14-06:00 2023-12-31 721396621 CARR RIGGS & INGRAM LLC 1801 N DAL PASO HOBBS NM 88240 990 2023-01-01 951932120 SOARING SOCIETY OF AMERICA INC SOAR 5753921177 PO BOX 2100 HOBBS NM 88241 DENISE LAYTON EXECUTIVE DIRECTOR 5753921177 2024-11-15 1 1 TERESA CAROL SNIDER P01056806 5753923377 2024-11-15 2023 2024-10-15 13:58:12Z DENISE LAYTON PO BOX 2100 HOBBS NM 88241 1423560 0 X SSA.ORG X 1935 DE TO PROMOTE ALL PHASES OF THE SPORT OF SOARING, NATIONALLY AND INTERNATIONALLY. 18 17 9 18 66529 0 915209 1170190 124877 126723 657 1473 12627 21319 1053370 1319705 48192 59528 0 0 295054 355981 0 0 0 748213 991643 1091459 1407152 -38089 -87447 929683 748655 510307 407546 419376 341109 TO PROMOTE ALL PHASES OF THE SPORT OF SOARING, NATIONALLY AND INTERNATIONALLY. 0 0 341205 MAGAZINE PUBLICATION - THE ORGANIZATION PROVIDES A MONTHLY MAGAZINE TO APPROXIMATELY 9,400 MEMBERS AND SUBSCRIBERS 495298 60194 MEMBERSHIP SERVICES - EXPENSES ARE INCURRED FOR LIASON WITH APPROXIMATELY 9,400 MEMBERS INCLUDING COMPETITION COORDINATOR 264159 59528 45600 OTHER PROGRAM SERVICES - EXPENSES INCURRED INCLUDE THE HANDLING OF EDUCATIONAL MATERIALS, SUPPORT OF INTERNATIONAL TEAM, AND OTHER MISCELLANEOUS FUNCTIONS 1100662 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 18 0 1 9 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 17 0 0 0 0 0 1 0 1 1 0 0 1 0 0 1 1 0 0 NM X X SOARING SOCIETY OF AMERICA 5753921177 5425 JACK GOMEZ BLVD HOBBS NM 88240 MIKE SHAKMAN CHAIR 2.00 X X 0 0 0 GEOFF WECK 1ST VICE CHAIR 2.00 X X 0 0 0 FRANK WHITELY VICE CHAIR 2.00 X X 0 0 0 DAVID HART VICE CHAIR/TREASURER 2.00 X X 49613 0 0 KEN SORRENSON VICE CHAIR/SECRETARY 2.00 X X 0 0 0 JIM GARRISON DIRECTOR AT LARGE 2.00 X 0 0 0 BERNALD SMITH HONORARY VICE CHAIR 2.00 X 0 0 0 LINDA EVENSKI DIRECTOR 2.00 X 0 0 0 HARTLEY FALBAUM DIRECTOR 2.00 X 0 0 0 CHRIS SCHRADER DIRECTOR 2.00 X 0 0 0 CRAIG FUNSTON DIRECTOR 2.00 X 0 0 0 JAY MCDANIEL DIRECTOR 2.00 X 0 0 0 WALT ROGERS DIRECTOR 2.00 X 0 0 0 AW GREENFIELD DIRECTOR AT LARGE 2.00 X 0 0 0 PETE ALEXANDER DIRECTOR AT LARGE 2.00 X 0 0 0 RICHARD ANDREWS DIRECTOR AT LARGE 2.00 X 0 0 0 RICK ROELKE DIRECTOR AT LARGE 2.00 X 0 0 0 PHILLIP DUPLESSIS DIRECTOR 2.00 X 0 0 0 RICH CARLSON DIRECTOR 2.00 1.00 X 0 0 0 DENISE LAYTON EXECUTIVE DIRECTOR 40.00 1.00 X 128240 0 11873 177853 0 11873 1 0 0 0 0 555321 378501 236368 1170190 SOARING MAGAZINE 541800 66529 66529 FEES AND SWEEPSTAKES 900099 45644 45644 FLIGHT INSTRUCTION 900099 14550 14550 126723 1473 1473 61248 85529 -24281 -24281 31952 18326 13626 13626 MISCELLANEOUS INCOME 900099 31974 31974 31974 1319705 105794 66529 -22808 59528 59528 189725 165906 23819 136706 113466 23240 541 449 92 29009 24077 4932 74133 74133 2251 2251 51466 51466 138948 68497 70451 73421 36440 36981 30612 274 30338 46708 44840 1868 30518 30518 205 205 18302 18302 19878 19878 MAGAZINE PRODUCTION EXP 255219 255219 CONTESTS 154801 154801 SPECIAL PROJECTS 95181 95181 1407152 1100662 306490 0 574341 460186 83507 68679 60192 49315 16163 6091 709247 666593 38742 42654 29081 42144 67221 67042 60436 12544 929683 748655 186226 77101 301391 272818 7562 7562 15128 50065 510307 407546 X 276788 198521 142588 142588 419376 341109 929683 748655 X -87447 12757 -3577 X X 0 0 0 X 1183876 947049 2104749 915209 1170190 6321073 123312 103262 109746 96741 190649 623710 1307188 1050311 2214495 1011950 1360839 6944783 0 0 0 6944783 106580 94674 100931 657 1473 304315 106580 94674 100931 657 1473 304315 1413768 1144985 2315426 1012607 1362312 7249098 0.95800 0.94510 0.04200 0.05490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5233862 1063980 378501 5919341 4310440 1000000 -76578 5233862 3671363 5000 634077 4310440 3493225 585992 407854 3671363 2749751 317900 571799 146225 3493225 0.78000 0.22000 0 1 1 433457 401257 32200 275790 265336 10454 42654 DUE TO RELATED PARTIES 50065 50065 PART V, LINE 4: SOARING SOCIETY'S RELATED ORGANIZATON (SOARING SOCIETY OF AMERICA FOUNDATION) HOLDS AND ADMINISTERS APPROXIMATELY 20 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING: MAINTENANCE AND SHIPPING COSTS FOR SOARING RACING TROPHIES AND OTHER AWARDS GIVEN BY SSA; PROVIDING PERIODIC CASH AWARDS TO THE WINNER OF THE KLEMPERER AWARD; SUPPORTING THE US SOARING TEAM IN INTERNATIONAL COMPETITION; GENERATING ANNUAL INCOME TO BE USED IN SUPPORT OF FUTURE TEAM ACTIVITIES; AND TO DEFRAY EXPENSES INCURRED BY THE DESIGNATED US JUNIOR CHAMPION IN ATTENDING THE JUNIOR WORLD GLIDING CHAMPIONSHIP. DISTRIBUTIONS FROM THE FOUNDATION ARE ONLY PAID TO THE ORGANIZATION FOR USE AS PRESCRIBED IN EACH ENDOWMENT AGREEMENT. SSA CONVENTION 61248 61248 49544 35985 61248 61248 49544 35985 85529 -24281 1 GENERAL AND CFIG SCHOLARSHIPS 50 59528 PART I, LINE 2: THE ORGANIZATION HAS A YOUTH COMMITTEE WHO REVIEW ALL APPLICATIONS AND DECIDE ON RECIPIENTS. EACH SCHOLARSHIP IS DIFFERENT AS TO THE AMOUNT AND WHAT IT CAN BE USED FOR. DAVID HART BOARD VICE CHAIR/TREASURER 49613 MAGAZINE EDITING SERVICES 0 FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT REGIONAL DIRECTORS FORM 990, PART VI, SECTION B, LINE 11B THE ACCOUNTANTS SEND THE 990 TO THE EXECUTIVE DIRECTOR AND BOARD TREASURER BEFORE IT IS SENT TO THE BUDGET AND FINANCE COMMITTEE FOR REVIEW. THROUGH A TELEPHONE CONFERENCE CALL, THE RETURN IS DISCUSSED. THE ACCOUNTANT MAKES CHANGES, IF NECESSARY, BEFORE THE COMMITTEE AUTHORIZES FINALIZATION AND SIGNATURE OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE BOARD'S ADMINISTRATIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PUBLISHES ITS GOVERNING DOCUMENT AND ITS FINANCIAL STATEMENTS ON ITS WEBSITE WHICH IS AVAILABLE TO ITS MEMBERSHIP. THE ORGANIZATION'S FORM 990 IS AVAILABLE PUBLICLY ON THE GUIDESTAR WEBSITE FORM 990, PART XI, LINE 9: PY AUDIT ADJUSTMENTS -3,577. FORM 990, PART XII, LINE 2 C: THE ORGANIZATION IS PART OF A CONSOLIDATED AUDIT WITH ITS SUPPORTING ORGANIZATION, SOARING SOCIETY OF AMERICA FOUNDATION. THE ORGANIZATION'S BOARD SELECTS THE AUDITORS AND OVERSEES THE CONSOLIDATED AUDIT PROCESS. THIS HAS NOT CHANGED FROM THE PREVIOUS YEAR, HOWEVER DUE TO THE AUDIT FIRM'S STAFFING LIMITATION, THE 2021 AUDIT IS JUST NOW GETTING COMPLETED. THE BOARD IS ACTIVELY WORKING WITH A NEW AUDIT FIRM TO GET THE 2022 AND 2023 AUDITS COMPLETED. SOARING SOCIETY OF AMERICA FOUNDATION PO BOX 2100 HOBBS NM 88241 270934003 INVESTMENT NM 501(C)(3) LINE 12A, I 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 SOARING SOCIETY OF AMERICA FOUNDATION C 378501 CASH RECEIVED