Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Way Church
EIN 81-3480259 • 501(c)3 • Morning Sun, IA
Pub. 78 Eligible990-N Coverage
Profile
To reach out to others proclaiming jesus christ and to make disciples of all nations baptizing them in the name of the father and of the son and of the holy spirit.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
83rd percentile
Higher net margin than 83% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 27.9% of source-year revenue.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
76th percentile
Faster revenue growth than 76% of similar nonprofits.
Balance Sheet
Assets
Up$250,875
Up $41,928 (+20%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$250,875
Up $41,928 (+20%) from 2023
Revenue
Up$127,769
Up $68,633 (+116%) from 2023
Expenses
Up$85,840
Up $28,512 (+50%) from 2023
Net Income
Up$41,929
Up $40,121 (+2219%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $250,875
- Liabilities
- -
- Net assets
- $250,875
- Revenue
- $127,769
- Expenses
- $85,840
- Net income
- $41,929
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 13, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $127,769
Mission and Program Overview
Mission
To reach out to others proclaiming jesus christ and to make disciples of all nations baptizing them in the name of the father and of the son and of the holy spirit.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDES THE COMMUNITY AND SURROUNDING AREA OF MORNING SUN, IOWA WITH A SAFE PLACE TO CELEBRATE JESUS CHRIST THROUGH MINISTRY AND EVENTS. | $3,072 | $68,643 |
| PROVIDES THE COMMUNITY AND SURROUNDING AREA OF MORNING SUN, IOWA WITH A SAFE PLACE TO CELEBRATE JESUS CHRIST THROUGH MINISTRY AND EVENTS. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROB CARLETON | Pastor | FT | $35,700 | - | $35,700 |
Filing and Contact Details
Filer
- Filer Name
- The Way Church
- EIN
- 81-3480259
- Phone
- 3197689933
- Address
- PO BOX 427, MORNING SUN, IA 52640-0427
Signing Officer
- Name
- Rob Carleton
- Title
- Pastor
- Phone
- 3198654014
- Signed
- 2025-05-13
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Tdt Cpas and Advisors Pc
- Address
- 323 JEFFERSON STREET, BURLINGTON, IA 52601
- Preparer
- Brian K Isom CPA
- Phone
- 3197539877
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses supplies, postage, & misc. Ex 3,253 insurance 4,614 ministry & outreach 15,094 non-investment depreciation 5,957 total 28,918”
Form 990-ez, Part II, Line 24
“Buildings/building improvements 196,829 247,882 less accumulated depreciation 20,453 26,410 total 176,376 221,472”
Form 990-ez, Part III
“To reach out to others proclaiming jesus christ and to make disciples of all nations baptizing them in the name of the father and of the son and of the holy spirit.”
Form 990-ez, Part III, Line 31
“Provides the community and surrounding area of morning sun, iowa with a safe place to celebrate jesus christ through ministry and events.”
Raw XML Appendix106 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ROB CARLETON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3197689933 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 17841 50TH ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MORNING SUN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 52640 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 32570 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 29403 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 127727 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 41929 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1068 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 208946 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 250875 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 3072 |
| IRS990EZ/GrossReceiptsAmt | 0 | 127769 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 42 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 208946 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 250875 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 208946 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 250875 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 8262 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 35700 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROB CARLETON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PASTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 176376 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 221472 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 28918 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO REACH OUT TO OTHERS PROCLAIMING JESUS CHRIST AND TO MAKE DISCIPLES OF ALL NATIONS BAPTIZING THEM IN THE NAME OF THE FATHER AND OF THE SON AND OF THE HOLY SPIRIT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDES THE COMMUNITY AND SURROUNDING AREA OF MORNING SUN, IOWA WITH A SAFE PLACE TO CELEBRATE JESUS CHRIST THROUGH MINISTRY AND EVENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | PROVIDES THE COMMUNITY AND SURROUNDING AREA OF MORNING SUN, IOWA WITH A SAFE PLACE TO CELEBRATE JESUS CHRIST THROUGH MINISTRY AND EVENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 3072 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 68643 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 44520 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 85840 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 68643 |
| IRS990EZ/TotalRevenueAmt | 0 | 127769 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/ChurchInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES SUPPLIES, POSTAGE, & MISC. EX 3,253 INSURANCE 4,614 MINISTRY & OUTREACH 15,094 NON-INVESTMENT DEPRECIATION 5,957 TOTAL 28,918 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BUILDINGS/BUILDING IMPROVEMENTS 196,829 247,882 LESS ACCUMULATED DEPRECIATION 20,453 26,410 TOTAL 176,376 221,472 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO REACH OUT TO OTHERS PROCLAIMING JESUS CHRIST AND TO MAKE DISCIPLES OF ALL NATIONS BAPTIZING THEM IN THE NAME OF THE FATHER AND OF THE SON AND OF THE HOLY SPIRIT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PROVIDES THE COMMUNITY AND SURROUNDING AREA OF MORNING SUN, IOWA WITH A SAFE PLACE TO CELEBRATE JESUS CHRIST THROUGH MINISTRY AND EVENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROB CARLETON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PASTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3198654014 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE WAY CHURCH |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WAYC |
| ReturnHeader/Filer/EIN | 0 | 813480259 |
| ReturnHeader/Filer/PhoneNum | 0 | 3197689933 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 427 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MORNING SUN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 526400427 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 421029744 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | TDT CPAS AND ADVISORS PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 323 JEFFERSON STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BURLINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 52601 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3197539877 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRIAN K ISOM CPA |
| ReturnHeader/ReturnTs | 0 | 2025-05-14T12:16:39-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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