Civic Intelligence

The Sorala Foundation

990PF • Fiscal year 2024 • EIN 20-6186035

Apr 01, 2023 to Mar 31, 2024 • Filed on Jul 07, 2024

617 Caranetta DriveLakewood, NJ 08701

(732) 364-9097

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.06x

Higher debt load relative to assets than 90% of similar nonprofits.

2024 filings • NTEE T • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

0.39x

Higher debt load relative to revenue than 93% of similar nonprofits.

2024 filings • NTEE T • $1M-$5M nonprofits • Source year 2024

Net Margin

39th percentile

-1.2%

Higher net margin than 39% of similar nonprofits.

2024 filings • NTEE T • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • NTEE T • $1M-$5M nonprofits • Source year 2024

Asset Growth

41st percentile

0.2%

Faster asset growth than 41% of similar nonprofits.

2024 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-22%

Faster revenue growth than 22% of similar nonprofits.

2024 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,531,073

Up $4,277 (+0.2%) from 2023

Net Assets

Down

$2,376,873

Down $4,658 (-0.2%) from 2023

Liabilities

Up

$154,200

Up $8,935 (+6.2%) from 2023

Revenue

Down

$394,229

Down $113,996 (-22%) from 2023

Expenses

Down

$398,887

Down $26,812 (-6.3%) from 2023

Net Income

Down

-$4,658

Down $87,184 (-106%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $774,070Liabilities 2011: $02011Assets 2012: $931,621Liabilities 2012: $02012Assets 2013: $1,173,580Liabilities 2013: $02013Assets 2014: $1,865,732Liabilities 2014: $241,0002014Assets 2015: $1,870,013Liabilities 2015: $100,0002015Assets 2016: $1,976,568Liabilities 2016: $02016Assets 2019: $2,543,590Liabilities 2019: $113,7502019Assets 2020: $2,696,148Liabilities 2020: $139,2502020Assets 2021: $2,368,888Liabilities 2021: $154,750Net Assets 2021: $2,214,1382021Assets 2022: $2,420,705Liabilities 2022: $121,700Net Assets 2022: $2,299,0052022Assets 2023: $2,526,796Liabilities 2023: $145,265Net Assets 2023: $2,381,5312023Assets 2024: $2,531,073Liabilities 2024: $154,200Net Assets 2024: $2,376,8732024Assets 2025: $2,577,613Liabilities 2025: $151,700Net Assets 2025: $2,425,9132025

Highlighted filing

2024

Assets$2,531,073
Liabilities$154,200
Net Assets$2,376,873

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $573,600Expenses 2011: $257,595Net Income 2011: $316,0052011Revenue 2012: $405,460Expenses 2012: $247,909Net Income 2012: $157,5512012Revenue 2013: $478,491Expenses 2013: $236,532Net Income 2013: $241,9592013Revenue 2014: $809,457Expenses 2014: $358,305Net Income 2014: $451,1522014Revenue 2015: $733,560Expenses 2015: $588,279Net Income 2015: $145,2812015Revenue 2016: $652,275Expenses 2016: $445,720Net Income 2016: $206,5552016Revenue 2019: $490,741Expenses 2019: $276,267Net Income 2019: $214,4742019Revenue 2020: $374,318Expenses 2020: $247,260Net Income 2020: $127,0582020Revenue 2021: $784,594Expenses 2021: $1,127,354Net Income 2021: -$342,7602021Revenue 2022: $507,486Expenses 2022: $422,619Net Income 2022: $84,8672022Revenue 2023: $508,225Expenses 2023: $425,699Net Income 2023: $82,5262023Revenue 2024: $394,229Expenses 2024: $398,887Net Income 2024: -$4,6582024Revenue 2025: $586,763Expenses 2025: $537,723Net Income 2025: $49,0402025

Highlighted filing

2024

Revenue$394,229
Expenses$398,887
Net Income-$4,658
Jump To
Filing Snapshot
Filing Period
Apr 1, 2023 to Mar 31, 2024
Signed
Jul 7, 2024
Return Version
2023v6.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ezriel MunkCo-President-$0--
Yaffa MunkCo-President-$0--
Filing and Contact Details

Filer

Filer Name
The Sorala Foundation
EIN
20-6186035
In Care Of
% EZRIEL MUNK
Phone
7323649097
Address
617 CARANETTA DRIVE, LAKEWOOD, NJ 08701

Signing Officer

Name
Ezriel Munk
Title
Co-President
Phone
7323649097
Signed
2024-07-07

Preparer

Firm
Jeffrey D Haskell
Address
3333 New Hyde Park Rd Ste 406, New Hyde Park, NY 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
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