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Filing year 2023

SOAR DBA READY FOR LIFE

Grand Rapids, Michigan·EIN 27-0542086·NTEE P80 · Human Services·501(c)(3)
Total revenue
$1.2M
Total assets
$884k
Total expenses
$1M
Reported officers
7
Mission

TO PROVIDE ADULTS EXPERIENCING COGNITIVE, LEARNING, AND SOCIAL DISABILITIES OPPORTUNITIES TO BE CHALLENGED ACADEMICALLY, BUILD RELATIONSHIPS AND PREPARE FOR THEIR TRANSITION INTO A MORE INDEPENDENT LIFE.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Human Services organizations in Michigan.

Executive Director
25th percentile to median
$65k
$71k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SOAR DBA READY FOR LIFE equaled 6% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2023)
6%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 29%
from 2022

From $90k in 2022 to $65k in 2023.

$90k
2022
$65k
2023
In today's dollarsEst.
Down 31% in real terms$104k to $71k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 29% from 2022 to 2023, while revenue fell 3%.

$90k in 2022 to $65k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about SOAR DBA READY FOR LIFE

What does the Chief Executive Officer of SOAR DBA READY FOR LIFE earn?

In 2023, the Chief Executive Officer of SOAR DBA READY FOR LIFE received $64,694 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Human Services organizations in Michigan, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SOAR DBA READY FOR LIFE compare with similar nonprofits?

Compared with the same role at Human Services organizations in Michigan, the 2023 pay of the Chief Executive Officer at SOAR DBA READY FOR LIFE falls between the 25th percentile and the median. In 2023, the highest total compensation at SOAR DBA READY FOR LIFE equaled 6% of the organization's total expenses. The median for human services organizations is 8%.

What are SOAR DBA READY FOR LIFE's revenue and expenses?

In 2023, SOAR DBA READY FOR LIFE reported $1.2M in total revenue and $1M in total expenses on its IRS Form 990.

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