Civic Intelligence

Berean Way Inc.

990EZ • Fiscal year 2022 • EIN 59-3810598

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 28, 2024

Organization Profilewww.bereanway.org
PO Box 4311Tualatin, OR 97062

(503) 887-4921

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

46th percentile

2.7%

Higher net margin than 46% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

83rd percentile

46%

Faster asset growth than 83% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

77th percentile

64%

Faster revenue growth than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$39,369

Up $12,361 (+46%) from 2021

Net Assets

Up

$28,432

Up $1,424 (+5.3%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin46th percentile

Revenue

Up

$53,456

Up $20,858 (+64%) from 2021

Expenses

Up

$52,032

Up $17,561 (+51%) from 2021

Net Income

Up

$1,424

Up $3,297 (+176%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$60K$40K$20K$0Assets 2011: $26,480Liabilities 2011: $2,082Net Assets 2011: $24,3982011Assets 2012: $43,303Liabilities 2012: $7,441Net Assets 2012: $35,8622012Assets 2013: $43,417Liabilities 2013: $7,445Net Assets 2013: $35,9722013Assets 2014: $28,841Liabilities 2014: $7,075Net Assets 2014: $21,7662014Assets 2015: $12,370Liabilities 2015: $8,984Net Assets 2015: $3,3862015Assets 2016: $15,354Liabilities 2016: $0Net Assets 2016: $15,3542016Assets 2017: $23,035Liabilities 2017: $0Net Assets 2017: $23,0352017Assets 2018: $40,951Liabilities 2018: $0Net Assets 2018: $40,9512018Assets 2019: $34,060Liabilities 2019: $0Net Assets 2019: $34,0602019Assets 2020: $28,881Liabilities 2020: $0Net Assets 2020: $28,8812020Assets 2021: $27,008Liabilities 2021: $0Net Assets 2021: $27,0082021Assets 2022: $39,369Liabilities 2022: $0Net Assets 2022: $28,4322022Assets 2023: $37,248Liabilities 2023: $0Net Assets 2023: $38,0332023

Highlighted filing

2022

Assets$39,369
Liabilities$0
Net Assets$28,432
Open 2022 Filing

Operations Trend

Revenue Growth77th percentile

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

$150K$100K$50K$0-$50KExpenses 2011: $119,1842011Expenses 2012: $108,6892012Revenue 2013: $142,807Expenses 2013: $142,697Net Income 2013: $1102013Revenue 2014: $122,981Expenses 2014: $137,187Net Income 2014: -$14,2062014Revenue 2015: $91,197Expenses 2015: $109,577Net Income 2015: -$18,3802015Revenue 2016: $72,432Expenses 2016: $60,464Net Income 2016: $11,9682016Revenue 2017: $56,715Expenses 2017: $49,034Net Income 2017: $7,6812017Revenue 2018: $64,548Expenses 2018: $46,632Net Income 2018: $17,9162018Revenue 2019: $38,448Expenses 2019: $45,339Net Income 2019: -$6,8912019Revenue 2020: $28,588Expenses 2020: $33,766Net Income 2020: -$5,1782020Revenue 2021: $32,598Expenses 2021: $34,471Net Income 2021: -$1,8732021Revenue 2022: $53,456Expenses 2022: $52,032Net Income 2022: $1,4242022Revenue 2023: $38,708Expenses 2023: $40,044Net Income 2023: -$1,3362023

Highlighted filing

2022

Revenue$53,456
Expenses$52,032
Net Income$1,424
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 28, 2024
Return Version
2022v5.0
Gross Receipts
$53,456
Mission and Program Overview

Mission

Provide pastor and elder training; Supply homecare for HIV/AIDS patients on behalf of Shelter Ministries. Provide support for Christian veterinary misssions with a main goal of teaching leaders conflict resolution and peaceful dialogue through biblical teachings.

We go to the forgotten people of the world and teach them how to understand the Bible for themselves, provide pastor and elder training, and partner with local leaders to provide needed support per each individual communitys request.

Program Services

DescriptionGrantsExpenses
Multiple pastor training events all throughout India reaching several thousand people teaching them how to read and understand the Bible. We also provide desparately needed services on a smaller scale (food, medicine) as needed by the local people. This is a continuation of the work we have done for over 20 years.-$43,000
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeffrey ValdesPresidentPT$0--
Todd MelroseBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Berean Way Inc
EIN
59-3810598
Phone
5038874921
Address
PO BOX 4311, TUALATIN, OR 97062

Signing Officer

Name
Jeffrey Valdes
Title
President
Phone
5038874921
Signed
2024-02-28
Supplemental Narrative

Additional Explanations

Part I, Line 16

“Pastor training conferences, Bible teaching materials, online tech applications, travel and support.”

Raw XML Appendix98 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Jeffrey Valdes
IRS990EZ/BooksInCareOfDetail/PhoneNum05038874921
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt022000 sw hedges dr
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0tualatin
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd097062
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt027008
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt039369
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt053456
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01424
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0870
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt027008
IRS990EZ/Form990TotalAssetsGrp/EOYAmt039369
IRS990EZ/GrossReceiptsAmt053456
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt027008
IRS990EZ/NetAssetsOrFundBalancesEOYAmt028432
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt027008
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt039369
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jeffrey Valdes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Todd Melrose
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt050844
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0We go to the forgotten people of the world and teach them how to understand the Bible for themselves, provide pastor and elder training, and partner with local leaders to provide needed support per each individual communitys request.
IRS990EZ/PrintingPublicationsPostageAmt0318
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Multiple pastor training events all throughout India reaching several thousand people teaching them how to read and understand the Bible. We also provide desparately needed services on a smaller scale (food, medicine) as needed by the local people. This is a continuation of the work we have done for over 20 years.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt043000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OR
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt052032
IRS990EZ/TotalProgramServiceExpensesAmt043000
IRS990EZ/TotalRevenueAmt053456
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.bereanway.org
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt00
IRS990ScheduleA/SupportedOrganizationsTotalCnt00
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Pastor training conferences, Bible teaching materials, online tech applications, travel and support.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0I fired my long-term accountant. After several attempts of trying for figure out how to file online on my own, I eventually gave up. The entire Covid period did not help me either, but I finally found an online program that I can understand. So here I am to get all caught up.
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeffrey Valdes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05038874921
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEREAN WAY INC
ReturnHeader/Filer/BusinessNameControlTxt0BERE
ReturnHeader/Filer/EIN0593810598
ReturnHeader/Filer/PhoneNum05038874921
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 4311
ReturnHeader/Filer/USAddress/CityNm0TUALATIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097062
ReturnHeader/ReturnTs02024-02-29T00:52:38Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,369
Liabilities
$0
Net assets
$28,432
Revenue
$53,456
Expenses
$52,032
Net income
$1,424
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.38$0.39$0.40$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.28$0.53$0.52$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.33$0.34$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.29$0.34$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.38$0.45$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.65$0.47$0.18
2017Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.57$0.49$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.72$0.60$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.09$0.03$0.91$1.10$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.29$0.07$0.22$1.23$1.37$0.14
2013Detailed filing. Detailed filing data is available for this year.$0.43$0.07$0.36$1.43$1.43$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.07$0.36$1.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.02$0.24$1.19
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits