Civic Intelligence

Soar DBA Ready for Life

990 • Fiscal year 2017 • EIN 27-0542086

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 28, 2018

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

58th percentile

0.07x

Higher debt load relative to assets than 58% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.06x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

71st percentile

$60,488

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 11.8% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

80th percentile

23%

Faster asset growth than 80% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

48th percentile

3.7%

Faster revenue growth than 48% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$449,999

Up $85,449 (+23%) from 2016

Net Assets

Up

$416,818

Up $80,825 (+24%) from 2016

Liabilities

Up

$33,181

Up $4,624 (+16%) from 2016

Revenue

Up

$511,014

Up $18,355 (+3.7%) from 2016

Expenses

Up

$430,189

Up $13,509 (+3.2%) from 2016

Net Income

Up

$80,825

Up $4,846 (+6.4%) from 2016

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

2017

Assets$449,999
Liabilities$33,181
Net Assets$416,818

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

2017

Revenue$511,014
Expenses$430,189
Net Income$80,825
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 28, 2018
Return Version
2017v2.3
Gross Receipts
$511,014
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$335,993$416,818▲ $80,825
Savings and Temporary Cash Investments$224,800$279,978▲ $55,178
Cash and Non-Interest-Bearing Accounts$76,968$114,598▲ $37,630
Accounts Receivable$50,338$35,072▼ $15,266
Land, Buildings, and Equipment, Net$7,331$15,234▲ $7,903
Prepaid Expenses and Deferred Charges$4,613$4,617▲ $4
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$364,550$449,999▲ $85,449
Other Assets Total$500$500→ $0
Liabilities
Deferred Revenue$17,694$17,734▲ $40
Accounts Payable and Accrued Expenses$10,863$15,447▲ $4,584
Total Liabilities$28,557$33,181▲ $4,624
Net Assets / Fund Balance
Total Net Assets Fund Balance$335,993$416,818▲ $80,825
Total Liabilities and Net Assets / Fund Balance$364,550$449,999▲ $85,449

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,234$19,351$34,585
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Emily PertonExecutive DirectorFT$60,488$60,488

Board Members and Trustees

NameTitle
Grant VermeerPresident
Greg VandergootBoard Member
Pam MaatBoard Member
GEORGIA O'NEILSecretary
Sue HoodTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$28,687
Program Service Revenue
$482,149
Investment Income
$178
Other Revenue
$0
All Other Contributions
$28,687
Change in Net Assets
$80,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$320,614
Other Expenses$109,575
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$228,543$6,500-$235,043
Current Officers, Directors, Trustees, and Key Employees$34,598$25,890-$60,488
Travel$29,890$522-$30,412
Payroll Taxes$22,216$2,750-$24,966
Occupancy$17,205$3,434-$20,639
Insurance$12,911$4,941-$17,852
Office Expenses$8,843$3,010-$11,853
Depreciation Depletion$5,911$596-$6,507
Information Technology$1,177$4,042-$5,219
Fees for Services Accounting-$3,150-$3,150
Fees for Services Other$1,855$857-$2,712
Other Expenses$1,570$115-$1,685
All Other Expenses$1,358$144-$1,502
Advertising$360$121-$481
Other Employee Benefits$55$62-$117
Total Functional Expenses$372,244$57,945$0$430,189
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Annual disclosure for covered persons
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
Yes
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 12C

The board evaluates annually at its meetings.

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 similar 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
2018-06-28
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
42
Volunteers
40

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/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0183243
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0335993
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0416818
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0224800
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0279978
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt028687
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt029562
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt014875
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt081874
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0178
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0113
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt077
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt043
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0445
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0482149
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0491966
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0403554
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0330096
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0326929
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02034694
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0178
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0113
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt077
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt043
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0445
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt02116568
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0510836
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0492516
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0411754
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0359658
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0341804
IRS990ScheduleA/Total509Grp/TotalAmt02116568
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0511014
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0492629
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0411831
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0359701
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0341838
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02117013
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt015234
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019351
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt034585
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015234
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 EVALUATES ANNUALLY AT ITS MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD CONDUCTS AN ANNUAL PERFORMANCE REVIEW OF KEY EMPLOYEES AND APPROVES COMPENSATION AFTER LOOKING AT COMPARABLE DATA FOR SIMILAR POSITIONS AND ORGANIZATIONS TO DETERMINE A REASONABLE RATE OF COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS 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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 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/TotalAssetsBOYAmt0364550
IRS990/TotalAssetsEOYAmt0449999
IRS990/TotalAssetsGrp/BOYAmt0364550
IRS990/TotalAssetsGrp/EOYAmt0449999
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt028687
IRS990/TotalEmployeeCnt042
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057945
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0372244
IRS990/TotalFunctionalExpensesGrp/TotalAmt0430189
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028557
IRS990/TotalLiabilitiesEOYAmt033181
IRS990/TotalLiabilitiesGrp/BOYAmt028557
IRS990/TotalLiabilitiesGrp/EOYAmt033181
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0335993
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0416818
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0372244
IRS990/TotalProgramServiceRevenueAmt0482149
IRS990/TotalReportableCompFromOrgAmt060488
IRS990/TotalRevenueGrp/ExclusionAmt0178
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0482149
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0511014
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0364550
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0449999
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0522
IRS990/TravelGrp/ProgramServicesAmt029890
IRS990/TravelGrp/TotalAmt030412
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EMILY PERTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06162483775
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOAR DBA READY FOR LIFE
ReturnHeader/Filer/BusinessNameControlTxt0SOAR
ReturnHeader/Filer/EIN0270542086
ReturnHeader/Filer/PhoneNum06162483775
ReturnHeader/Filer/USAddress/AddressLine1Txt03250 - 28TH STREET SE NO 102
ReturnHeader/Filer/USAddress/CityNm0GRAND RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049512
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0706962EC598FD3F1B96E4996B56409447C5E5B00
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0706962EC598FD3F1B96E4996B56409447C5E5B00
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.59.57.74

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