Civic Intelligence

Soar DBA Ready for Life

990 • Fiscal year 2016 • EIN 27-0542086

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 05, 2017

3250 - 28th Street SE No 102Grand Rapids, MI 49512

(616) 248-3775

Siviq Scores

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

Liabilities / Assets

75th percentile

0.08x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

77th percentile

0.06x

Higher debt load relative to revenue than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

72nd percentile

15%

Higher net margin than 72% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

93rd percentile

$52,846

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

81st percentile

38%

Faster asset growth than 81% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

73rd percentile

20%

Faster revenue growth than 73% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$364,550

Up $100,734 (+38%) from 2015

Net Assets

Up

$335,993

Up $75,979 (+29%) from 2015

Liabilities

Up

$28,557

Up $24,755 (+651%) from 2015

Revenue

Up

$492,659

Up $80,828 (+20%) from 2015

Expenses

Up

$416,680

Up $51,399 (+14%) from 2015

Net Income

Up

$75,979

Up $29,429 (+63%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $44,370Liabilities 2011: $873Net Assets 2011: $43,4972011Assets 2012: $106,059Liabilities 2012: $0Net Assets 2012: $106,0592012Assets 2013: $153,485Liabilities 2013: $154Net Assets 2013: $153,3312013Assets 2014: $214,189Liabilities 2014: $725Net Assets 2014: $213,4642014Assets 2015: $263,816Liabilities 2015: $3,802Net Assets 2015: $260,0142015Assets 2016: $364,550Liabilities 2016: $28,557Net Assets 2016: $335,9932016Assets 2017: $449,999Liabilities 2017: $33,181Net Assets 2017: $416,8182017Assets 2018: $544,508Liabilities 2018: $44,554Net Assets 2018: $499,9542018Assets 2019: $670,317Liabilities 2019: $73,671Net Assets 2019: $596,6462019Assets 2021: $781,625Liabilities 2021: $61,463Net Assets 2021: $720,1622021Assets 2022: $709,852Liabilities 2022: $44,094Net Assets 2022: $665,7582022Assets 2023: $758,762Liabilities 2023: $49,971Net Assets 2023: $708,7912023Assets 2024: $884,451Liabilities 2024: $58,388Net Assets 2024: $826,0632024Assets 2025: $1,061,065Liabilities 2025: $92,069Net Assets 2025: $968,9962025

Highlighted filing

2016

Assets$364,550
Liabilities$28,557
Net Assets$335,993

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $248,0692011Expenses 2012: $262,5822012Revenue 2013: $341,838Expenses 2013: $294,566Net Income 2013: $47,2722013Revenue 2014: $359,701Expenses 2014: $299,568Net Income 2014: $60,1332014Revenue 2015: $411,831Expenses 2015: $365,281Net Income 2015: $46,5502015Revenue 2016: $492,659Expenses 2016: $416,680Net Income 2016: $75,9792016Revenue 2017: $511,014Expenses 2017: $430,189Net Income 2017: $80,8252017Revenue 2018: $588,170Expenses 2018: $505,034Net Income 2018: $83,1362018Revenue 2019: $791,601Expenses 2019: $694,909Net Income 2019: $96,6922019Revenue 2021: $963,863Expenses 2021: $852,811Net Income 2021: $111,0522021Revenue 2022: $1,008,588Expenses 2022: $1,062,992Net Income 2022: -$54,4042022Revenue 2023: $1,195,763Expenses 2023: $1,152,730Net Income 2023: $43,0332023Revenue 2024: $1,160,535Expenses 2024: $1,043,263Net Income 2024: $117,2722024Revenue 2025: $1,397,078Expenses 2025: $1,254,145Net Income 2025: $142,9332025

Highlighted filing

2016

Revenue$492,659
Expenses$416,680
Net Income$75,979
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 5, 2017
Return Version
2016v3.0
Gross Receipts
$493,728
Mission and Program Overview

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.

Provide adults experiencing disabilities academic opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$260,014$335,993▲ $75,979
Savings and Temporary Cash Investments$204,764$224,800▲ $20,036
Cash and Non-Interest-Bearing Accounts$20,178$76,968▲ $56,790
Accounts Receivable$23,187$50,338▲ $27,151
Land, Buildings, and Equipment, Net$14,412$7,331▼ $7,081
Prepaid Expenses and Deferred Charges$775$4,613▲ $3,838
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$263,816$364,550▲ $100,734
Other Assets Total$500$500→ $0
Liabilities
Deferred Revenue-$17,694-
Accounts Payable and Accrued Expenses$3,802$10,863▲ $7,061
Total Liabilities$3,802$28,557▲ $24,755
Net Assets / Fund Balance
Total Net Assets Fund Balance$260,014$335,993▲ $75,979
Total Liabilities and Net Assets / Fund Balance$263,816$364,550▲ $100,734

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,331$21,060$28,391
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Emily PertonExecutive DirectorFT$52,846$52,846
Tom HeitzFormer Executive DirectorFT$49,116$49,116

Board Members and Trustees

NameTitle
Connie ClausonFormer President
Grant VermeerPresident
Greg VandergootBoard Member
Pam MaatBoard Member
Chris MeengsFormer Treasurer
GEORGIA O'NEILSecretary
Sue HoodTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$550
Program Service Revenue
$489,624
Investment Income
$113
Other Revenue
$2,372
All Other Contributions
$550
Change in Net Assets
$75,979
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$331,528
Other Expenses$85,152
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$181,289$19,078-$200,367
Current Officers, Directors, Trustees, and Key Employees$101,962--$101,962
Payroll Taxes$26,819$2,285-$29,104
Travel$26,836$1,762-$28,598
Occupancy$8,033$5,764-$13,797
Insurance$8,122$2,114-$10,236
Office Expenses$7,469$946-$8,415
Depreciation Depletion$6,485$596-$7,081
Fees for Services Accounting-$4,110-$4,110
Fees for Services Other$1,712$591-$2,303
Information Technology$726$1,324-$2,050
Advertising$451$92-$543
Other Employee Benefits$65$30-$95
Other Expenses$1,340$23-$23
Total Functional Expenses$376,230$40,450$0$416,680
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,441
Fundraising Direct Expenses$1,069
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is presented to the entire board for approval before it is filed.

Form 990, Part VI, Section B, Line 15

The board conducts an annual performance review of key employees and approves compensation after looking at comparable data for similiar positions and organizations to determine a reasonable rate of compensation

Form 990, Part VI, Section C, Line 19

Documents are available upon request at the organization's office

Filing and Contact Details

Filer

Filer Name
Soar Dba Ready for Life
EIN
27-0542086
Phone
6162483775
Address
3250 - 28TH STREET SE NO 102, GRAND RAPIDS, MI 49512

Signing Officer

Name
Emily Perton
Title
Executive Director
Phone
6162483775
Signed
2017-10-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Perton
Formed
2009
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
5
Employees
49
Volunteers
47

Preparer

Firm
Dolinka Vannoord & Company Pllp
Address
360 EAST BELTLINE NE STE 200, GRAND RAPIDS, MI 49506-1208
Preparer
Debra a Boeve
Phone
6164592233
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0291066
IRS990/ProgSrvcAccomActy3Grp/Desc0THE READY FOR LIFE SUMMER CAMP IS A DAY PROGRAM THAT AIMS TO CONTINUE SOCIAL DEVELOPMENT AS WELL AS CREATE MEMORABLE, FUN AND SAFE SUMMER EXPERIENCES. THE CAMP CONSISTS OF 16 PROGRAM DAYS EACH IN JUNE AND JULY, RUNNING MONDAY THROUGH THURSDAY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt017702
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt011579
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08200
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt077
IRS990/PYOtherExpensesAmt069564
IRS990/PYOtherRevenueAmt010772
IRS990/PYProgramServiceRevenueAmt0392782
IRS990/PYRevenuesLessExpensesAmt046550
IRS990/PYSalariesCompEmpBnftPaidAmt0295717
IRS990/PYTotalExpensesAmt0365281
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0411831
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt075979
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0186979
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0260014
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0335993
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0204764
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0224800
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0493615
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0416462
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0363874
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0341804
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0329862
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01945617
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0113
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt077
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt043
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0267
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0113
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt077
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt043
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0267
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01945617
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0493615
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0416462
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0363874
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0341804
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0329862
IRS990ScheduleA/Total509Grp/TotalAmt01945617
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0493728
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0416539
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0363917
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0341838
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0329862
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01945884
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt07331
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021060
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028391
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07331
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PRESENTED TO THE ENTIRE BOARD FOR APPROVAL BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD CONDUCTS AN ANNUAL PERFORMANCE REVIEW OF KEY EMPLOYEES AND APPROVES COMPENSATION AFTER LOOKING AT COMPARABLE DATA FOR SIMILIAR POSITIONS AND ORGANIZATIONS TO DETERMINE A REASONABLE RATE OF COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0263816
IRS990/TotalAssetsEOYAmt0364550
IRS990/TotalAssetsGrp/BOYAmt0263816
IRS990/TotalAssetsGrp/EOYAmt0364550
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0550
IRS990/TotalEmployeeCnt049
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040450
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0376230
IRS990/TotalFunctionalExpensesGrp/TotalAmt0416680
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03802
IRS990/TotalLiabilitiesEOYAmt028557
IRS990/TotalLiabilitiesGrp/BOYAmt03802
IRS990/TotalLiabilitiesGrp/EOYAmt028557
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0260014
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0335993
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0376230
IRS990/TotalProgramServiceRevenueAmt0489624
IRS990/TotalReportableCompFromOrgAmt0101962
IRS990/TotalRevenueGrp/ExclusionAmt02485
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0489624
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0492659
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt047
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0263816
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0364550
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01762
IRS990/TravelGrp/ProgramServicesAmt026836
IRS990/TravelGrp/TotalAmt028598
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03250 - 28TH STREET SE NO 102
IRS990/USAddress/CityNm0GRAND RAPIDS
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049512
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.RFLNETWORK.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EMILY PERTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06162483775
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOAR DBA READY FOR LIFE
ReturnHeader/Filer/BusinessNameControlTxt0SOAR
ReturnHeader/Filer/EIN0270542086

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.06$0.09$0.97$1.40$1.25$0.14
2024Detailed filing. Detailed filing data is available for this year.$0.88$0.06$0.83$1.16$1.04$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.76$0.05$0.71$1.20$1.15$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.71$0.04$0.67$1.01$1.06$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.78$0.06$0.72$0.96$0.85$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.67$0.07$0.60$0.79$0.69$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.54$0.04$0.50$0.59$0.51$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.45$0.03$0.42$0.51$0.43$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.03$0.34$0.49$0.42$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.41$0.37$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.36$0.30$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.34$0.29$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.25