Nonprofit · EIN 27-0934003
SOARING SOCIETY OF AMERICA FOUNDATION
Tax-exempt · HOBBS, NM 88241
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $545,007 | $434,074 | $110,933 | $8,461,352 | $10,493 | $8,450,859 |
| December 31, 2023 | 990 | $302,513 | $378,501 | -$75,988 | $7,608,816 | $6,054 | $7,602,762 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $56,917
- Program service revenue
- $0
- Investment income
- $488,090
- Net gain from sales of assets
- $320,784
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $434,074
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $434,074
Balance sheet and other
- Total assets, start of year
- $7,608,816
- Total assets, end of year
- $8,461,352
- Total liabilities, end of year
- $10,493
- Net assets, end of year
- $8,450,859
- Publicly traded securities
- $8,403,449
- Net assets without donor restrictions
- $6,069,841
- Net assets with donor restrictions
- $2,381,018
- Gross receipts
- $959,799
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1998
- State of legal domicile
- NM
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DENISE LAYTON | EXECUTIVE DIRECTOR Officer | 1 | $0 | $134,639 | $9,133 |
| PHILLIP UMPHRES | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MICHAEL DAVIS | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ANDY BLACKBURN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOHN COCHRANE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PETER BROWN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RONALD ROSE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DENISE LAYTON | EXECUTIVE DIRECTOR Officer | 1 | $0 | $128,240 | $11,873 |
| PHILLIP UMPHRES | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MICHAEL DAVIS | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ANDY BLACKBURN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOHN COCHRANE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PETER BROWN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RONALD ROSE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2100, HOBBS, NM 88241-2100
- Principal officer (990 for 2024)
- PHILIP C UMPHRES, PO BOX 2100, HOBBS, NM 88241
- Signed the 990
- PHILIP C UMPHRES, CHAIRMAN
- Phone
- (575) 392-1177
- Website
- SSA.ORG
- Return prepared by
- CRI ADVISORS
Mission
TO SOLICIT, RECEIVE, COLLECT, HOLD, ADMINISTER, AND DISTRIBUTE FUNDS FOR, AND TO, THE SOARING SOCIETY OF AMERICA INC., A 501(C)(3) RELATED ORGANIZATION.
Program accomplishments
- TO SOLICIT, RECEIVE, COLLECT, HOLD, ADMINISTER, AND DISTRIBUTE FUNDS FOR, AND TO, THE SOARING SOCIETY OF AMERICA INC., A 501(C)(3) RELATED ORGANIZATION.Expenses $434,074 · grants $434,074
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-0934003
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N11)
- Assets (IRS master file)
- $8,461,352
- Income (IRS master file)
- $959,799
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $545,007 | $434,074 | $8,461,352 | XML |
| 990 | December 2023 | $302,513 | $378,501 | $7,608,816 | XML |
| 990 | December 2022 | $1,142,742 | $186,750 | $6,627,593 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0934003).
Questions about SOARING SOCIETY OF AMERICA FOUNDATION
- What is the EIN of SOARING SOCIETY OF AMERICA FOUNDATION?
- The employer identification number (EIN) of SOARING SOCIETY OF AMERICA FOUNDATION is 27-0934003.
- Is SOARING SOCIETY OF AMERICA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to SOARING SOCIETY OF AMERICA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does SOARING SOCIETY OF AMERICA FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOARING SOCIETY OF AMERICA FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOARING SOCIETY OF AMERICA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SOARING SOCIETY OF AMERICA FOUNDATION?
- The 990 for the year ended December 31, 2024 names PHILIP C UMPHRES.
- Who are the officers and directors of SOARING SOCIETY OF AMERICA FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does SOARING SOCIETY OF AMERICA FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $545,007, expenses of $434,074 and total assets of $8,461,352 at year end.
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All nonprofits in HOBBS · New Mexico · Recreation and sports