Civic Intelligence

Real Ongoing Opportunities to Soar Inc

990 • Fiscal year 2017 • EIN 27-2634578

Sep 01, 2016 to Aug 31, 2017 • Filed on Jan 09, 2018

PO Box 975Haiku, HI 96708

(808) 250-7988

Siviq Scores

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

Liabilities / Assets

86th percentile

0.71x

Higher debt load relative to assets than 86% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

85th percentile

0.94x

Higher debt load relative to revenue than 85% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

85th percentile

32%

Higher net margin than 85% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

96th percentile

131%

Faster asset growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2017

Revenue Growth

84th percentile

41%

Faster revenue growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2017

Assets

Up

$1,151,843

Up $936,050 (+434%) from 2015

Net Assets

Up

$333,320

Up $313,183 (+1555%) from 2015

Liabilities

Up

$818,523

Up $622,867 (+318%) from 2015

Revenue

Up

$870,437

Up $433,029 (+99%) from 2015

Expenses

Up

$588,559

Up $184,534 (+46%) from 2015

Net Income

Up

$281,878

Up $248,495 (+744%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2013: $118,302Liabilities 2013: $129,653Net Assets 2013: -$11,3512013Assets 2014: $174,548Liabilities 2014: $187,794Net Assets 2014: -$13,2462014Assets 2015: $215,793Liabilities 2015: $195,656Net Assets 2015: $20,1372015Assets 2017: $1,151,843Liabilities 2017: $818,523Net Assets 2017: $333,3202017Assets 2018: $1,228,746Liabilities 2018: $830,987Net Assets 2018: $397,7592018Assets 2019: $1,705,744Liabilities 2019: $1,310,873Net Assets 2019: $394,8712019Assets 2020: $1,453,904Liabilities 2020: $972,302Net Assets 2020: $481,6022020Assets 2022: $1,882,290Liabilities 2022: $1,197,281Net Assets 2022: $685,0092022

Highlighted filing

2017

Assets$1,151,843
Liabilities$818,523
Net Assets$333,320

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2013: $270,3112013Revenue 2014: $369,774Expenses 2014: $371,669Net Income 2014: -$1,8952014Revenue 2015: $437,408Expenses 2015: $404,025Net Income 2015: $33,3832015Revenue 2017: $870,437Expenses 2017: $588,559Net Income 2017: $281,8782017Revenue 2018: $599,396Expenses 2018: $564,642Net Income 2018: $34,7542018Revenue 2019: $700,627Expenses 2019: $703,515Net Income 2019: -$2,8882019Revenue 2020: $1,015,572Expenses 2020: $928,842Net Income 2020: $86,7302020Revenue 2022: $908,460Expenses 2022: $811,830Net Income 2022: $96,6302022

Highlighted filing

2017

Revenue$870,437
Expenses$588,559
Net Income$281,878
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jan 9, 2018
Return Version
2016v3.0
Gross Receipts
$872,194
Mission and Program Overview

Mission

The mission of roots is to provide educational and experiential opportunities that encourage children to think independently, realize their talents, & apply their learning

The mission of real ongoing opportunities to soar, inc. Is to provide educational and experiential opportunities that encourage children to think independently, realize their talents, and apply their learning in the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,717$808,988▲ $805,271
Cash and Non-Interest-Bearing Accounts$274,831$310,596▲ $35,765
Prepaid Expenses and Deferred Charges$41,233$17,803▼ $23,430
Accounts Receivable-$7,986-
Total Assets$325,601$1,151,843▲ $826,242
Other Assets Total$5,820$6,470▲ $650
Liabilities
Mortgage Notes Payable Secured by Investment Property-$523,223-
Deferred Revenue$272,324$268,466▼ $3,858
Accounts Payable and Accrued Expenses$1,835$26,834▲ $24,999
Total Liabilities$274,159$818,523▲ $544,364
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$298,190-
Unrestricted Net Assets$51,442$35,130▼ $16,312
Total Net Assets Fund Balance$51,442$333,320▲ $281,878
Total Liabilities and Net Assets / Fund Balance$325,601$1,151,843▲ $826,242

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$423,803$5,504$429,307
Land$382,200-$382,200
Equipment$2,985$1,990$4,975
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mercedes BatesPresident
Daniel GranthamDirector
Joyce ChinDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$353,225
Program Service Revenue
$503,680
Investment Income
$0
Other Revenue
$13,532
All Other Contributions
$353,225
Change in Net Assets
$281,878
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$399,969
Other Expenses$183,590
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$340,555--$340,555
Occupancy$57,990--$57,990
Fees for Services Other$43,349--$43,349
Other Employee Benefits$33,348--$33,348
Payroll Taxes$26,066--$26,066
Insurance$20,208--$20,208
Fees for Services Accounting$9,889--$9,889
Depreciation Depletion$6,236--$6,236
Grants to Domestic Individuals$5,000--$5,000
Interest$4,313--$4,313
All Other Expenses$3,561--$3,561
Other Expenses$2,404--$2,404
Advertising$2,163--$2,163
Office Expenses$1,568--$1,568
Total Functional Expenses$588,559$0$0$588,559
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,449
Fundraising Direct Expenses$1,757
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
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 11B

The form 990 is reviewed and approved by the board of directors at a board meeting.

Form 990, Page 6, Part VI, Line 12C

When potential conflicts arise, the board refers to the conflict of interest policy to determine how to address the conflict.

Form 990, Page 6, Part VI, Line 15A

Compensation for all employees is reviewed and approved by the board of directors at monthly board meetings.

Form 990, Page 6, Part VI, Line 15B

Compensation for all highest paid individuals and key employees is reviewed and approved by the board of directors at monthly board meetings.

Form 990, Page 6, Part VI, Line 19

All governing documents, including conflict of interest policies and financial statements, are available to the public at their request. The policy has been communicated to the community via emails. The form 990 is also available on guidestar.org.

Filing and Contact Details

Filer

Filer Name
Real Ongoing Opportunities to
EIN
27-2634578
Phone
8082507988
Address
PO BOX 975, HAIKU, HI 96708
Doing Business As
Roots

Signing Officer

Name
Mercedes Bates
Title
President
Phone
8082507988
Signed
2018-01-09

Organization Details

Principal Officer
Mercedes Bates
Formed
2010
Legal Domicile
Hi
Voting Board Members
3
Independent Board Members
3
Employees
16
Volunteers
45

Preparer

Firm
Carbonaro Cpas & Management Group
Address
1885 MAIN ST STE 408, WAILUKU, HI 96793
Preparer
Kyle Hays
Phone
8082425002
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of real ongoing opportunities to soar, inc. Is to provide educational and experiential opportunities that encourage children to think independently, realize their talents, and apply their learning in the world.

Form 990, Page 2, Part III, Line 4A

The nation. The school is licensed by the hawaii council of private schools and the state of hawaii department of human services, and is in the process of becoming accredited by the hawaii association of independent schools (hais). In the fiscal year ending august 31, 2017 the k-8 program enrolled 45 students.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0REAL ONGOING OPPORTUNITIES TO SOAR, INC. PUBLICIZES ITS NONDISCRIMINATORY POLICY IN BROCHURES, FLYERS, AND OTHER FORMS OF MEDIA USED TO SOLICIT ENROLLMENTS IN ORDER TO ENSURE THE COMMUNITY IS AWARE OF THIS POLICY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF REAL ONGOING OPPORTUNITIES TO SOAR, INC. IS TO PROVIDE EDUCATIONAL AND EXPERIENTIAL OPPORTUNITIES THAT ENCOURAGE CHILDREN TO THINK INDEPENDENTLY, REALIZE THEIR TALENTS, AND APPLY THEIR LEARNING IN THE WORLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE NATION. THE SCHOOL IS LICENSED BY THE HAWAII COUNCIL OF PRIVATE SCHOOLS AND THE STATE OF HAWAII DEPARTMENT OF HUMAN SERVICES, AND IS IN THE PROCESS OF BECOMING ACCREDITED BY THE HAWAII ASSOCIATION OF INDEPENDENT SCHOOLS (HAIS). IN THE FISCAL YEAR ENDING AUGUST 31, 2017 THE K-8 PROGRAM ENROLLED 45 STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AT A BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WHEN POTENTIAL CONFLICTS ARISE, THE BOARD REFERS TO THE CONFLICT OF INTEREST POLICY TO DETERMINE HOW TO ADDRESS THE CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION FOR ALL EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AT MONTHLY BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION FOR ALL HIGHEST PAID INDIVIDUALS AND KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AT MONTHLY BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL GOVERNING DOCUMENTS, INCLUDING CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS, ARE AVAILABLE TO THE PUBLIC AT THEIR REQUEST. THE POLICY HAS BEEN COMMUNICATED TO THE COMMUNITY VIA EMAILS. THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0HI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0298190
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt0325601
IRS990/TotalAssetsGrp/EOYAmt01151843
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0353225
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0588559
IRS990/TotalFunctionalExpensesGrp/TotalAmt0588559
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0274159
IRS990/TotalLiabilitiesEOYAmt0818523
IRS990/TotalLiabilitiesGrp/BOYAmt0274159
IRS990/TotalLiabilitiesGrp/EOYAmt0818523
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt051442
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0333320
IRS990/TotalProgramServiceExpensesAmt0588559
IRS990/TotalProgramServiceRevenueAmt0503680
IRS990/TotalRevenueGrp/ExclusionAmt012692
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0504520
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0870437
IRS990/TotalVolunteersCnt045
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0325601
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01151843
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt051442
IRS990/UnrestrictedNetAssetsGrp/EOYAmt035130
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 975
IRS990/USAddress/CityNm0HAIKU
IRS990/USAddress/StateAbbreviationCd0HI
IRS990/USAddress/ZIPCd096708
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0ROOTSMAUI.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MERCEDES BATES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08082507988
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REAL ONGOING OPPORTUNITIES TO
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SOAR INC
ReturnHeader/Filer/BusinessNameControlTxt0REAL
ReturnHeader/Filer/EIN0272634578
ReturnHeader/Filer/PhoneNum08082507988
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 975
ReturnHeader/Filer/USAddress/CityNm0HAIKU
ReturnHeader/Filer/USAddress/StateAbbreviationCd0HI
ReturnHeader/Filer/USAddress/ZIPCd096708
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BA0D3B7FAC0A8C2887C0ED4DAB680272F9B8DA8D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BA0D3B7FAC0A8C2887C0ED4DAB680272F9B8DA8D
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0990303190
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARBONARO CPAS & MANAGEMENT GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01885 MAIN ST STE 408
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAILUKU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd096793
ReturnHeader/PreparerPersonGrp/PhoneNum08082425002
ReturnHeader/PreparerPersonGrp/PreparationDt02018-01-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KYLE HAYS
ReturnHeader/ReturnTs02018-01-29T15:32:57-10:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-09-01
ReturnHeader/TaxPeriodEndDt02017-08-31
ReturnHeader/TaxYr02016

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