Program areas at SOAR
Shaping Our Appalachian Region, Inc. ("soar"), a nonprofit organization, was created with the primary purpose to advance and promote a resilient and diverse eastern Kentucky economy by providing leadership, vision, and collaborative partnerships to support innovative regional practices and enhance public and private investments in areas such as job creation, entrepreneurship, tourism, educational and lifelong learning, health and wellness, arts and heritage, and sustainable agricultural practices and food systems.
Who funds Shaping Our Appalachian Region (SOAR)
Grants from foundations and other nonprofits
Financials for SOAR
| Revenues | FYE 06/2024 | FYE 06/2023 | % Change |
|---|
| Total grants, contributions, etc. | $2,916,750 | $2,578,650 | 13.1% |
| Program services | $361,263 | $244,336 | 47.9% |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $214,586 | $75,854 | 182.9% |
| Total revenues | $3,492,599 | $2,898,840 | 20.5% |
Organizations like SOAR
| Organization | Type | Location | Revenue |
|---|
| Fund for Our Economic Future of Northeast Ohio | 501(c)(3) | Cleveland, OH | $5,222,809 |
| Focusmaine | 501(c)(3) | Augusta, ME | $3,241,469 |
| The Lakota Funds Incorporated | 501(c)(3) | Kyle, SD | $6,200,914 |
| The Carolinas Gateway Partnership | 501(c)(3) | Rocky Mount, NC | $1,423,488 |
| Reach | 501(c)(3) | San Luis Obispo, CA | $2,520,904 |
| Seattle Good Business Network | 501(c)(3) | Seattle, WA | $2,758,458 |
| CNM Ingenuity | 501(c)(3) | Albuquerque, NM | $12,456,627 |
| Center for Economic Inclusion | 501(c)(3) | Saint Paul, MN | $4,329,571 |
| Rural Coalition | 501(c)(3) | Washington, DC | $5,258,670 |
| Center on Rural Innovation | 501(c)(3) | Hartland, VT | $6,043,680 |
Data update history
April 2, 2025
Posted financials
Added Form 990 for fiscal year 2024
January 6, 2025
Received grants
Identified 2 new grant, including a grant for $500,000 from Truist Foundation November 22, 2024
Updated personnel
Identified 1 new personnel
November 4, 2024
Updated personnel
Identified 4 new personnel
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 137 Main St Suite 300
- Pikeville, KY 41501
- County
- Pike County, KY
- Website URL
- soar-ky.org/Â
- Phone
- (606) 766-1160
IRS details
- EIN
- 37-1760428
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 2014
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 813319: Social Advocacy Organizations
- Parent/child status
- Independent
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