By sharing metrics that highlight changes SOAR! is making toward its mission, the organization is helping donors move beyond simplistic ways of nonprofit evaluation like overhead ratios.
To reach the Platinum level, SOAR! added extensive information to its Nonprofit Profile on GuideStar: basic contact and organizational information; in-depth financial information; qualitative information about goals, strategies, and capabilities; and quantitative information about results and progress toward its mission.
By taking the time to provide this information, SOAR! has demonstrated its commitment to transparency and to giving donors and funders meaningful data to evaluate SOAR!
Visit GuideStar.org to view SOAR!’s public profile.
About GuideStar Nonprofit Profiles
The GuideStar database contains a profile for every tax-exempt nonprofit registered with the IRS. GuideStar encourages every nonprofit to claim and update its profile at no cost to the organization. Updating allows nonprofits to share a wealth of up-to-date information with the more than 7 million people who visit GuideStar to learn more about nonprofit organizations each year. Updating also allows nonprofits to share information with the more than 180 philanthropic websites and applications that are powered by GuideStar data. To reach a given participation level, organizations need to complete all required fields for that participation level. The GuideStar participation levels, acknowledged as symbols of transparency in the nonprofit sector, are displayed on all updated participants’ profiles in the GuideStar database.