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Nonprofit · EIN 95-1932120

SOARING SOCIETY OF AMERICA INC

Tax-exempt · HOBBS, NM 88240

Financials

$1.3M$1.4M2023$1.3M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of SOARING SOCIETY OF AMERICA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,291,362$1,515,681-$224,319$563,374$411,234$152,140
December 31, 2023990$1,319,705$1,407,152-$87,447$748,655$407,546$341,109
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,146,557
Membership dues
$581,144
Program service revenue
$123,070
Investment income
$883
Net income from fundraising events
-$35,427
Net income from sales of inventory
$54,113
Other revenue
$20,852

Expenses

Grants and similar amounts paid
$64,615
Compensation of officers, directors and key employees
$146,272
Other salaries and wages
$159,254
Salaries, compensation and benefits (total)
$337,945
Professional fundraising fees
$0
Accounting fees
$85,741
Occupancy
$27,457
Travel
$42,404
Depreciation
$17,260
Program services (functional)
$1,135,192
Management and general (functional)
$380,489

Balance sheet and other

Total assets, start of year
$748,655
Total assets, end of year
$563,374
Total liabilities, end of year
$411,234
Net assets, end of year
$152,140
Land, buildings and equipment
$64,303
Publicly traded securities
$49,889
Net assets without donor restrictions
$9,552
Net assets with donor restrictions
$142,588
Gross unrelated business income
$81,628
Gross receipts
$1,434,207
Employees
7
Volunteers
0
Year formed
1935
State of legal domicile
DE

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.

NameTitleHours / weekCompensationOther / benefits
DENISE LAYTONEXECUTIVE DIRECTOR
Officer
40$134,639$9,133
RICH CARLSONDIRECTOR
Trustee or director
2$2,500$0
MIKE SHAKMANCHAIR
Trustee or director, Officer
2$0$0
GEOFF WECK1ST VICE CHAIR
Trustee or director, Officer
2$0$0
FRANK WHITELEYVICE CHAIR
Trustee or director, Officer
2$0$0
DAVID HARTVICE CHAIR/TREASURER
Trustee or director, Officer
2$0$0
KEN SORENSONVICE CHAIR
Trustee or director, Officer
2$0$0
JIM GARRISONVICE CHAIR
Trustee or director, Officer
2$0$0
WALT ROGERSSECRETARY
Trustee or director, Officer
2$0$0
BERNALD SMITHHONORARY VICE CHAIR
Trustee or director
2$0$0
LINDA EVENSKIDIRECTOR
Trustee or director
2$0$0
PHILLIP DUPLESSISDIRECTOR
Trustee or director
2$0$0
HARTLEY FALBAUMDIRECTOR
Trustee or director
2$0$0
CHRIS SCHRADERDIRECTOR
Trustee or director
2$0$0
CRAIG FUNSTONDIRECTOR
Trustee or director
2$0$0
5 more people on this return
NameTitleHours / weekCompensation
STEVEN KELTIEDIRECTOR
Trustee or director
2$0
RICK HOFFMANDIRECTOR AT LARGE
Trustee or director
2$0
PETE ALEXANDERDIRECTOR AT LARGE
Trustee or director
2$0
RICHARD ANDREWSDIRECTOR AT LARGE
Trustee or director
2$0
MICHAEL PRICEDIRECTOR AT LARGE
Trustee or director
2$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensationOther / benefits
DENISE LAYTONEXECUTIVE DIRECTOR
Officer
40$128,240$11,873
DAVID HARTVICE CHAIR/TREASURER
Trustee or director, Officer
2$49,613$0
MIKE SHAKMANCHAIR
Trustee or director, Officer
2$0$0
GEOFF WECK1ST VICE CHAIR
Trustee or director, Officer
2$0$0
FRANK WHITELYVICE CHAIR
Trustee or director, Officer
2$0$0
KEN SORRENSONVICE CHAIR/SECRETARY
Trustee or director, Officer
2$0$0
JIM GARRISONDIRECTOR AT LARGE
Trustee or director
2$0$0
BERNALD SMITHHONORARY VICE CHAIR
Trustee or director
2$0$0
LINDA EVENSKIDIRECTOR
Trustee or director
2$0$0
HARTLEY FALBAUMDIRECTOR
Trustee or director
2$0$0
CHRIS SCHRADERDIRECTOR
Trustee or director
2$0$0
CRAIG FUNSTONDIRECTOR
Trustee or director
2$0$0
JAY MCDANIELDIRECTOR
Trustee or director
2$0$0
WALT ROGERSDIRECTOR
Trustee or director
2$0$0
AW GREENFIELDDIRECTOR AT LARGE
Trustee or director
2$0$0
PETE ALEXANDERDIRECTOR AT LARGE
Trustee or director
2$0$0
RICHARD ANDREWSDIRECTOR AT LARGE
Trustee or director
2$0$0
RICK ROELKEDIRECTOR AT LARGE
Trustee or director
2$0$0
PHILLIP DUPLESSISDIRECTOR
Trustee or director
2$0$0
RICH CARLSONDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
5425 JACK GOMEZ BLVD, HOBBS, NM 88240-0000
Principal officer (990 for 2024)
DENISE LAYTON, PO BOX 2100, HOBBS, NM 88241
Signed the 990
DENISE LAYTON, EXECUTIVE DIRECTOR
Phone
(575) 392-1177
Website
SSA.ORG
Return prepared by
CRI ADVISORS

Mission

TO PROMOTE ALL PHASES OF THE SPORT OF SOARING, NATIONALLY AND INTERNATIONALLY.

990 for the year ended December 31, 2024

Program accomplishments

  • MAGAZINE PUBLICATION - THE ORGANIZATION PROVIDES A MONTHLY MAGAZINE TO APPROXIMATELY 9,400 MEMBERS AND SUBSCRIBERS
    Expenses $351,909
  • MEMBERSHIP SERVICES - EXPENSES ARE INCURRED FOR LIASON WITH APPROXIMATELY 9,400 MEMBERS INCLUDING COMPETITION COORDINATOR
    Expenses $510,836 · revenue $41,442
  • OTHER PROGRAM SERVICES - EXPENSES INCURRED INCLUDE THE HANDLING OF EDUCATIONAL MATERIALS, SUPPORT OF INTERNATIONAL TEAM, AND OTHER MISCELLANEOUS FUNCTIONS
    Expenses $272,447 · grants $64,615 · revenue $56,279

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
95-1932120
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1941
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$563,374
Income (IRS master file)
$1,434,207

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,291,362$1,515,681$563,374XML
990-TDecember 2024–––IRS
990December 2023$1,319,705$1,407,152$748,655XML
990-TDecember 2023–––IRS
990December 2022$1,053,370$1,091,459$929,683IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990-TDecember 2020–––IRS
990December 2018–––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 95-1932120).

Questions about SOARING SOCIETY OF AMERICA INC

What is the EIN of SOARING SOCIETY OF AMERICA INC?
The employer identification number (EIN) of SOARING SOCIETY OF AMERICA INC is 95-1932120.
Is SOARING SOCIETY OF AMERICA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1941.
Are donations to SOARING SOCIETY OF AMERICA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOARING SOCIETY OF AMERICA INC 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 INC 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 INC 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 INC?
The 990 for the year ended December 31, 2024 names DENISE LAYTON.
Who are the officers and directors of SOARING SOCIETY OF AMERICA INC?
The 990 for the year ended December 31, 2024 lists 20 people; 2 received compensation from the organization, the highest $134,639 (DENISE LAYTON, EXECUTIVE DIRECTOR).
How much revenue does SOARING SOCIETY OF AMERICA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,291,362, expenses of $1,515,681 and total assets of $563,374 at year end.

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