Civic Intelligence

Soarway Foundation

990EZ • Fiscal year 2019 • EIN 47-3883147

Jan 01, 2019 to Dec 31, 2019 • Filed on May 13, 2020

Organization Profilewww.soarway-foundation.org
5022 Grand Beech CtHaymarket, VA 20169

(703) 401-2951

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

3rd percentile

-227%

Higher net margin than 3% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

90th percentile

$39,998

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 85.9% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

4th percentile

-82%

Faster asset growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

5th percentile

-73%

Faster revenue growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$16,218

Down $73,983 (-82%) from 2018

Net Assets

Down

$16,218

Down $73,983 (-82%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin3rd percentile

Revenue

Down

$46,554

Down $127,382 (-73%) from 2018

Expenses

Up

$152,289

Up $19,917 (+15%) from 2018

Net Income

Down

-$105,735

Down $147,299 (-354%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$150K$100K$50K$0-$50KAssets 2015: $23,952Liabilities 2015: $0Net Assets 2015: $23,9522015Assets 2016: $21,653Liabilities 2016: $0Net Assets 2016: $21,6532016Assets 2018: $90,201Liabilities 2018: $0Net Assets 2018: $90,2012018Assets 2019: $16,218Liabilities 2019: $0Net Assets 2019: $16,2182019Assets 2020: $85,690Liabilities 2020: $54,833Net Assets 2020: $30,8572020Assets 2021: $81,477Liabilities 2021: $47,810Net Assets 2021: $33,6672021Assets 2022: $17,639Liabilities 2022: $50,000Net Assets 2022: -$32,3612022Assets 2023: $137,402Liabilities 2023: $0Net Assets 2023: $137,4022023Assets 2024: $69,979Liabilities 2024: $0Net Assets 2024: $69,9792024

Highlighted filing

2019

Assets$16,218
Liabilities$0
Net Assets$16,218
Open 2019 Filing

Operations Trend

Revenue Growth5th percentile

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

$300K$200K$100K$0-$100K-$200KRevenue 2015: $107,044Expenses 2015: $83,092Net Income 2015: $23,9522015Revenue 2016: $146,543Expenses 2016: $148,842Net Income 2016: -$2,2992016Revenue 2018: $173,936Expenses 2018: $132,372Net Income 2018: $41,5642018Revenue 2019: $46,554Expenses 2019: $152,289Net Income 2019: -$105,7352019Revenue 2020: $173,480Expenses 2020: $158,841Net Income 2020: $14,6392020Revenue 2021: $259,348Expenses 2021: $256,538Net Income 2021: $2,8102021Revenue 2022: $124,665Expenses 2022: $195,526Net Income 2022: -$70,8612022Revenue 2023: $232,216Expenses 2023: $112,453Net Income 2023: $119,7632023Revenue 2024: $41,455Expenses 2024: $108,878Net Income 2024: -$67,4232024

Highlighted filing

2019

Revenue$46,554
Expenses$152,289
Net Income-$105,735
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 13, 2020
Return Version
2019v5.1
Gross Receipts
$46,554
Mission and Program Overview

Mission

The soarway foundation's purpose is to address, coordinate, and provide aid and relief to nepal on a local and global level.

See Schedule O

Program Services

DescriptionGrantsExpenses
See Schedule O-$85,027
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott DeLisiExecutive DirectorFT$39,998-$39,998
Devin OrsiExecutive Vice PresidentFT$10,000-$10,000
Joshua LamancusaPresidentPT$0--
Anthony LagneseTreasurerPT$0--
Eric SagunSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
The Soarway Foundation
EIN
47-3883147
Address
5022 Grand Beech Ct, Haymarket, VA 20169

Signing Officer

Name
Scott DeLisi
Title
Executive Direc
Phone
7034012951
Signed
2020-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Keya Accounting & Tax Services LLC
Address
3615-C Chain Bridge Rd, Fairfax, VA 22030
Preparer
Ravi Agrawal
Phone
5712168951
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity Missin Fulfillment Amount 65,615”

Description of other expenses Part I line 16

“Description AmountFundraising Expenses 6,500Advertising 239Bank Fees 1,572Dues and Subscription Fees 401Postage 91Supplies 1,099Telephone and Internet 1,525Insurance 933Payroll Processing Fees 3,534Travel 1,007Website Fees 817Office Expenses 3,547”

Other changes in net assets or fund balances Part I line 20

“Description AmountAdj Bank Balance 12/31/19 10,696”

Raw XML Appendix165 raw XML fields

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

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Haymarket
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020169
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IRS990EZ/ExcessOrDeficitForYearAmt0-105735
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Joshua Lamancusa
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Anthony Lagnese
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Eric Sagun
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Scott DeLisi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Devin Orsi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Executive Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt010696
IRS990EZ/OtherExpensesTotalAmt021265
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0See Schedule O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0See Schedule O
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt085027
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt054994
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0152289
IRS990EZ/TotalProgramServiceExpensesAmt085027
IRS990EZ/TotalRevenueAmt046554
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.soarway-foundation.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt046554
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0173936
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0103263
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0181937
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0122951
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0628641
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt06824
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt04980
IRS990ScheduleA/OtherIncome170Grp/TotalAmt011804
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93910
IRS990ScheduleA/PublicSupportPY170Pct00.98010
IRS990ScheduleA/PublicSupportTotal170Amt0601450
IRS990ScheduleA/SubstantialContributorsTotAmt027191
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt046554
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0173936
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0181937
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0122951
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0628641
IRS990ScheduleA/TotalSupportAmt0640445
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Missin Fulfillment Amount 65,615
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountFundraising Expenses 6,500Advertising 239Bank Fees 1,572Dues and Subscription Fees 401Postage 91Supplies 1,099Telephone and Internet 1,525Insurance 933Payroll Processing Fees 3,534Travel 1,007Website Fees 817Office Expenses 3,547
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountAdj Bank Balance 12/31/19 10,696
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other changes in net assets or fund balances Part I line 20
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Scott DeLisi
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/PhoneNum07034012951
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-13
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ReturnHeader/Filer/BusinessNameControlTxt0SOAR
ReturnHeader/Filer/EIN0473883147
ReturnHeader/Filer/USAddress/AddressLine1Txt05022 Grand Beech Ct
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.221.14.23
ReturnHeader/FilingSecurityInformation/IPDt02020-11-06
ReturnHeader/FilingSecurityInformation/IPTm014:09:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0400009694
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03615-C Chain Bridge Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fairfax
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022030
ReturnHeader/PreparerPersonGrp/PhoneNum05712168951
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ravi Agrawal
ReturnHeader/ReturnTs02020-11-06T14:07:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,218
Liabilities
$0
Net assets
$16,218
Revenue
$46,554
Expenses
$152,289
Net income
-$105,735
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$0.41$1.09$0.67
2023Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$2.32$1.12$1.20
2022Detailed filing. Detailed filing data is available for this year.$0.18$0.50$0.32$1.25$1.96$0.71
2021Detailed filing. Detailed filing data is available for this year.$0.81$0.48$0.34$2.59$2.57$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.86$0.55$0.31$1.73$1.59$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.47$1.52$1.06
2018Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$1.74$1.32$0.42
2016Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$1.47$1.49$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$1.07$0.83$0.24