Liabilities / Assets
60th percentile
Higher debt load relative to assets than 60% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
85th percentile
Higher net margin than 85% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 24.4% of source-year revenue.
Asset Growth
79th percentile
Faster asset growth than 79% of similar nonprofits.
Revenue Growth
92nd percentile
Faster revenue growth than 92% of similar nonprofits.
Balance Sheet
Assets
Up$159,801
Up $51,748 (+48%) from 2019
Net Assets
Up$158,853
Up $51,750 (+48%) from 2019
Liabilities
Down$948
Down $2 (-0.2%) from 2019
Revenue And Expenses
Revenue
Up$123,100
Up $56,480 (+85%) from 2019
Expenses
Up$71,350
Up $41,407 (+138%) from 2019
Net Income
Up$51,750
Up $15,073 (+41%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Nov 2, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $123,100
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. | - | $32,370 |
| 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 | $30,000 | - | $30,000 |
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
- 2021-11-02
- 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 miscellaneous 598 2,641 non-investment depreciation 2,370 total 5,609”
Form 990-ez, Part II, Line 24
“88,566 98,864 less accumulated depreciation 1,607 3,977 total 86,959 94,887”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 950 948”
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 Appendix110 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 |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | ROB CARLETON |
| 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 | 21094 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 64914 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 123071 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 51750 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2443 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 108053 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 159801 |
| IRS990EZ/GrossReceiptsAmt | 0 | 123100 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 29 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 107103 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 158853 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 107103 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 158853 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 33298 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 30000 |
| 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 | 86959 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 94887 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 5609 |
| 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/ProgramServiceExpensesAmt | 0 | 32370 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 30000 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 950 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 948 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 71350 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 32370 |
| IRS990EZ/TotalRevenueAmt | 0 | 123100 |
| 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 MISCELLANEOUS 598 2,641 NON-INVESTMENT DEPRECIATION 2,370 TOTAL 5,609 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 88,566 98,864 LESS ACCUMULATED DEPRECIATION 1,607 3,977 TOTAL 86,959 94,887 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 950 948 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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 | 4 | 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 II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| 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 | 2021-11-02 |
| 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/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 | 2021-11-01 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRIAN K ISOM CPA |
| ReturnHeader/ReturnTs | 0 | 2021-11-15T12:50:17-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | ROB |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | CARLETON |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $159,801
- Liabilities
- $948
- Net assets
- $158,853
- Revenue
- $123,100
- Expenses
- $71,350
- Net income
- $51,750