Soar Charter Academy FY2023 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $2,500 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

Empowering Soar students today to become world leaders tomorrow.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$658K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $393K a year · 5% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$658K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $130
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.7M
50% of total assets
Looks good: liabilities are 50% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.1M
+23% vs prior year
Spent
$8.1M
To programs
92%
Net assets
$2.7M
By yearFY2020–FY2025
Revenue
$8.1M
FY2023▲ +23%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.8M
FY2021$6.9M
FY2022$6.6M
FY2023$8.1M
FY2024$9.0M
FY2025$10.2M
Expenses
$8.1M
FY2023▲ +23%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.6M
FY2021$6.0M
FY2022$6.6M
FY2023$8.1M
FY2024$9.2M
FY2025$8.8M
Net assets
$2.7M
FY2023-0.1%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.7M
FY2021$2.7M
FY2022$2.7M
FY2023$2.7M
FY2024$2.5M
FY2025$3.8M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $7.4M Management & general 8% · $652K Fundraising 0% · $32K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990; $658K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$146,682Pt VII · Sec A
Director of Finance
$132,112Pt VII · Sec A
Director of Instruction an
$127,666Pt VII · Sec A
Director of Parent Engagem
$126,596Pt VII · Sec A
Director of Human Resource
$125,096Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Trisha Lancaster’s $165K as Executive Director is at the 22nd percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Trisha Lancaster$165,242$156,980$146,682$138,280$137,091$133,066
Kristin Hadden$152,398$143,951$132,112$118,320——
Cynthia Nunez$142,312$135,091$126,596$118,770$117,285$113,795
Tamara Martinez$140,845$133,741$125,096$115,610$116,525—
Susan Dryden—$136,348$127,666$117,920$117,455$113,320
Kristin Kraus————$117,405$113,415
Tamara Fort—————$112,245
Lisa Paez$105,281—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Soar Charter Academy executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps students develop leadership skills for future success.

Questions for Soar Charter Academy

Tap to ask. Soar Charter Academy sees how many people are interested.

Your first name shows with your question. Soar Charter Academy answers here, for everyone.

1 program · $7.4M · in their own filed words · FY2022
01

To operate a public charter school serving approximately 431 students in grades kindergarten through eighth grade.

$7.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$130

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2023 · $1.8M federal money spent
Education Stabilization FundDepartment of Education · ALN 84.425 · Through California Department of Education (cde)$1.2M
National School Lunch ProgramDepartment of Agriculture · ALN 10.555 · Through California Department of Education (cde)$319K
Title I Grants to Local Educational AgenciesDepartment of Education · ALN 84.010 · Through California Department of Education (cde)$150K
Child and Adult Care Food ProgramDepartment of Agriculture · ALN 10.558 · Through California Department of Social Services$111K
Improving Teacher Quality State GrantsDepartment of Education · ALN 84.367 · Through California Department of Education (cde)$23K

Plus 1 smaller program.

The auditor reported no findings.

Year ending Jun 2022 · $1.1M federal money spent
Education Stabilization FundDepartment of Education · ALN 84.425 · Through California Department of Education (cde)$617K
Summer Food Service Program for ChildrenDepartment of Agriculture · ALN 10.559 · Through California Department of Education (cde)$303K
Title I Grants to Local Educational AgenciesDepartment of Education · ALN 84.010 · Through California Department of Education (cde)$147K
Student Support and Academic Enrichment ProgramDepartment of Education · ALN 84.424 · Through California Department of Education (cde)$12K
Improving Teacher Quality State GrantsDepartment of Education · ALN 84.367 · Through California Department of Education (cde)$11K

The auditor reported no findings.

Year ending Jun 2021 · $1.1M federal money spent
Covid-19 Coronavirus Relief FundDepartment of the Treasury · ALN 21.019 · Through California Department of Education$424K
Summer Food Service ProgramDepartment of Agriculture · ALN 10.559 · Through California Department of Education$290K
Title I, Part A, Basic Grants Low-Income and NeglectedDepartment of Education · ALN 84.010 · Through California Department of Education$164K
Covid-19 Elementary and Secondary School Emergency Relief (esser) FundDepartment of Education · ALN 84.425 · Through California Department of Education$152K
Title II, Part A, Supporting Effective InstructionDepartment of Education · ALN 84.367 · Through California Department of Education$21K

Plus 1 smaller program.

The auditor reported no findings.

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$8.1M
Ln 12
Gifts and grantsLn 1h$8.1M
Other incomeLn 4–11$34K
Money outPt IX
$8.1M
Ln 25
Programscol B$7.4M
Managementcol C$652K
Fundraisingcol D$32K
Owns and owesPt X
$2.7M
net assets · Ln 32
Cash and savingsLn 1–2$2.8M
Total assetsLn 16$5.4M
LiabilitiesLn 26$2.7M
PeoplePt VI, VII
10
listed · VII A
PaidVII A5
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.1M
Government grantsLn 1e$8.0M
Other incomeLn 4–11$34K
Total revenueLn 12$8.1M
Assets in detailPt X, end of year
SavingsLn 2$2.8M
Cash and savings togetherLn 1–2$2.8M
Accounts receivableLn 4$2.0M
Prepaid expenses and deferred chargesLn 9$189K
Land, buildings, equipmentLn 10c$329K
Other assetsLn 15$25K
Total assetsLn 16$5.4M
LiabilitiesLn 26$2.7M
Net assetsLn 32$2.7M
OperationsPt I, VI
EmployeesI 585
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$2.0M$2.8M
Land, buildings, equipmentLn 10c$387K$329K
Total assetsLn 16$4.4M$5.4M
LiabilitiesLn 26$1.7M$2.7M
Net assetsLn 32$2.7M$2.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$369K$247K$122K
Other salaries and wagesLn 7$3.6M$3.5M$117K
Other employee benefitsLn 9$694K$652K$42K
Payroll taxesLn 10$950K$909K$41K
Management feesLn 11a$68K$68K
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$17K$17K
Other fees for servicesLn 11g$200K$200K
Office expensesLn 13$142K$103K$7K$32K
Information technologyLn 14$119K$112K$7K
OccupancyLn 16$400K$376K$24K
TravelLn 17$9K$9K$553
Conferences, conventions and meetingsLn 19$73K$68K$4K
InterestLn 20$181$181
Depreciation, depletion and amortizationLn 22$64K$60K$4K
InsuranceLn 23$12K$11K$733
Other expenses (24a–d)Ln 24$962K$722K$240K
All other expensesLn 24e$427K$384K$43K
Total functional expensesLn 25$8.1M$7.4M$652K$32K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Apr 23, 2026 $10.2M$8.8M$1.4M$3.8M 990 PDF
FY2024Filed with the IRS May 7, 2025 $9.0M$9.2M−$262K$2.5M 990 PDF
FY2023 ViewingFiled with the IRS May 3, 2024 $8.1M$8.1M−$3K$2.7M 990 PDF
FY2022Filed with the IRS May 17, 2023 $6.6M$6.6M$24K$2.7M 990 PDF
FY2021Filed with the IRS May 4, 2022 $6.9M$6.0M$983K$2.7M 990 PDF
FY2020Filed with the IRS May 13, 2021 $5.8M$5.6M$215K$1.7M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $8,120,468 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,626,934$8,086,100
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$34,368
I-12 Total revenuePrior year $6,626,934$8,120,468
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,767,813$5,625,840
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,834,978$2,498,107
I-18 Total expensesPrior year $6,602,791$8,123,947
I-19 Revenue less expensesPrior year $24,143−$3,479
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $8,120,468 across 5 lines filed
VIII-1e Government grants$8,003,627
VIII-1f All other contributions, gifts and grants$82,473
VIII-1h Total contributions, gifts and grants$8,086,100
VIII-8 Net income from fundraising eventsExcluded from tax $34,368$34,368
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $34,368$8,120,468
Part IX · Statement of functional expenses $8,123,947 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $247,353 · Management $121,830$369,183
IX-7 Other salaries and wagesPrograms $3,496,063 · Management $117,111$3,613,174
IX-9 Other employee benefitsPrograms $651,992 · Management $41,616$693,608
IX-10 Payroll taxesPrograms $908,587 · Management $41,288$949,875
IX-11a Management feesPrograms $67,560$67,560
IX-11b Legal feesPrograms $6,190$6,190
IX-11c Accounting feesPrograms $16,643$16,643
IX-11g Other fees for servicesPrograms $200,445$200,445
IX-13 Office expensesPrograms $103,382 · Management $6,599 · Fundraising $31,730$141,711
IX-14 Information technologyPrograms $111,774 · Management $7,134$118,908
IX-16 OccupancyPrograms $375,784 · Management $23,980$399,764
IX-17 TravelPrograms $8,663 · Management $553$9,216
IX-19 Conferences, conventions and meetingsPrograms $68,250 · Management $4,356$72,606
IX-20 InterestPrograms $181$181
IX-22 Depreciation, depletion and amortizationPrograms $59,907 · Management $3,824$63,731
IX-23 InsurancePrograms $11,481 · Management $733$12,214
IX-24 Other expenses (24a–d)Programs $721,904 · Management $240,219$962,123
IX-24e All other expensesPrograms $383,756 · Management $43,059$426,815
IX-25 Total functional expensesPrograms $7,439,915 · Management $652,302 · Fundraising $31,730$8,123,947
Part X · Balance sheet $5,386,572 assets, 12 lines filed
X-2 Savings and temporary cash investmentsStart of year $2,030,514$2,829,867
X-4 Accounts receivableStart of year $1,891,131$2,013,766
X-9 Prepaid expenses and deferred chargesStart of year $46,278$189,279
X-10c Land, buildings and equipment, netStart of year $387,287$328,751
X-15 Other assetsStart of year $19,865$24,909
X-16 Total assetsStart of year $4,375,075$5,386,572
X-17 Accounts payable and accrued expensesStart of year $1,659,998$2,669,786
X-25 Other liabilitiesStart of year $0$5,188
X-26 Total liabilitiesStart of year $1,659,998$2,674,974
X-27 Net assets without donor restrictionsStart of year $2,715,077$2,711,598
X-32 Total net assets or fund balancesStart of year $2,715,077$2,711,598
X-33 Total liabilities and net assetsStart of year $4,375,075$5,386,572
Part XI · Reconciliation of net assets $2,711,598 net assets at year end
XI-1 Total revenue$8,120,468
XI-2 Total expenses$8,123,947
XI-3 Revenue less expenses−$3,479
XI-4 Net assets at start of year$2,715,077
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,711,598

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.