Civic Intelligence

Way Church

990EZ • Fiscal year 2021 • EIN 81-3480259

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 18, 2022

PO Box 427Morning Sun, IA 52640-0427

(319) 768-9933

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

82nd percentile

40%

Higher net margin than 82% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

72nd percentile

29%

Faster asset growth than 72% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

42nd percentile

-4.1%

Faster revenue growth than 42% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$206,370

Up $46,569 (+29%) from 2020

Net Assets

Up

$206,370

Up $47,517 (+30%) from 2020

Liabilities

Down

$0

Down $948 (-100%) from 2020

Revenue

Down

$117,998

Down $5,102 (-4.1%) from 2020

Expenses

Down

$70,479

Down $871 (-1.2%) from 2020

Net Income

Down

$47,519

Down $4,231 (-8.2%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2019: $108,053Liabilities 2019: $950Net Assets 2019: $107,1032019Assets 2020: $159,801Liabilities 2020: $948Net Assets 2020: $158,8532020Assets 2021: $206,370Liabilities 2021: $0Net Assets 2021: $206,3702021Assets 2022: $207,139Liabilities 2022: $0Net Assets 2022: $207,1392022Assets 2023: $208,947Liabilities 2023: $0Net Assets 2023: $208,9472023Assets 2024: $250,875Net Assets 2024: $250,8752024

Highlighted filing

2021

Assets$206,370
Liabilities$0
Net Assets$206,370

Operations Trend

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

$150K$100K$50K$0Revenue 2019: $66,620Expenses 2019: $29,943Net Income 2019: $36,6772019Revenue 2020: $123,100Expenses 2020: $71,350Net Income 2020: $51,7502020Revenue 2021: $117,998Expenses 2021: $70,479Net Income 2021: $47,5192021Revenue 2022: $79,357Expenses 2022: $78,587Net Income 2022: $7702022Revenue 2023: $59,136Expenses 2023: $57,328Net Income 2023: $1,8082023Revenue 2024: $127,769Expenses 2024: $85,840Net Income 2024: $41,9292024

Highlighted filing

2021

Revenue$117,998
Expenses$70,479
Net Income$47,519
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 18, 2022
Return Version
2021v4.0
Gross Receipts
$117,998
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

DescriptionGrantsExpenses
PROVIDES THE COMMUNITY AND SURROUNDING AREA OF MORNING SUN, IOWA WITH A SAFE PLACE TO CELEBRATE JESUS CHRIST THROUGH MINISTRY AND EVENTS.-$35,021
PROVIDES THE COMMUNITY AND SURROUNDING AREA OF MORNING SUN, IOWA WITH A SAFE PLACE TO CELEBRATE JESUS CHRIST THROUGH MINISTRY AND EVENTS.$3,740$3,740
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROB CARLETONPastor-$0--
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
2022-07-18
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 - supplies 3,369 insurance 2,361 non-investment depreciation 3,821 total 9,551

Form 990-ez, Part II, Line 24

98,864 158,672 less accumulated depreciation 3,977 7,798 total 94,887 150,874

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 950 0

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 Appendix111 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/PersonNm0ROB CARLETON
IRS990EZ/BooksInCareOfDetail/PhoneNum03197689933
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt017841 50TH ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MORNING SUN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052640
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt064914
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt055496
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0117972
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt047519
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt017106
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0159801
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0206370
IRS990EZ/GrantsAndSimilarAmountsPaidAmt03740
IRS990EZ/GrossReceiptsAmt0117998
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt026
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0158851
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0206370
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0158851
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0206370
IRS990EZ/OccupancyRentUtltsAndMaintAmt08882
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROB CARLETON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PASTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt094887
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0150874
IRS990EZ/OtherExpensesTotalAmt09551
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO 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/DescriptionProgramSrvcAccomTxt0PROVIDES THE COMMUNITY AND SURROUNDING AREA OF MORNING SUN, IOWA WITH A SAFE PLACE TO CELEBRATE JESUS CHRIST THROUGH MINISTRY AND EVENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDES THE COMMUNITY AND SURROUNDING AREA OF MORNING SUN, IOWA WITH A SAFE PLACE TO CELEBRATE JESUS CHRIST THROUGH MINISTRY AND EVENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt03740
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03740
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt135021
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt031200
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0950
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt070479
IRS990EZ/TotalProgramServiceExpensesAmt038761
IRS990EZ/TotalRevenueAmt0117998
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MISCELLANEOUS - SUPPLIES 3,369 INSURANCE 2,361 NON-INVESTMENT DEPRECIATION 3,821 TOTAL 9,551
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt198,864 158,672 LESS ACCUMULATED DEPRECIATION 3,977 7,798 TOTAL 94,887 150,874
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 950 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO 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/ExplanationTxt4PROVIDES THE COMMUNITY AND SURROUNDING AREA OF MORNING SUN, IOWA WITH A SAFE PLACE TO CELEBRATE JESUS CHRIST THROUGH MINISTRY AND EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROB CARLETON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PASTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03198654014
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE WAY CHURCH
ReturnHeader/Filer/BusinessNameControlTxt0WAYC
ReturnHeader/Filer/EIN0813480259
ReturnHeader/Filer/PhoneNum03197689933
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 427
ReturnHeader/Filer/USAddress/CityNm0MORNING SUN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd0526400427
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421029744
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TDT CPAS AND ADVISORS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0323 JEFFERSON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BURLINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052601
ReturnHeader/PreparerPersonGrp/PhoneNum03197539877
ReturnHeader/PreparerPersonGrp/PreparationDt02022-07-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN K ISOM CPA
ReturnHeader/ReturnTs02022-07-20T13:55:27-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROB
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CARLETON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings