Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
43rd percentile
Higher net margin than 43% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
49th percentile
Faster asset growth than 49% of similar nonprofits.
Revenue Growth
17th percentile
Faster revenue growth than 17% of similar nonprofits.
Balance Sheet
Assets
Up$207,139
Up $769 (+0.4%) from 2021
Net Assets
Up$207,139
Up $769 (+0.4%) from 2021
Liabilities
Flat$0
Flat from 2021
Revenue And Expenses
Revenue
Down$79,357
Down $38,641 (-33%) from 2021
Expenses
Up$78,587
Up $8,108 (+12%) from 2021
Net Income
Down$770
Down $46,749 (-98%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Oct 20, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $79,357
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. | - | $38,378 |
| PROVIDES THE COMMUNITY AND SURROUNDING AREA OF MORNING SUN, IOWA WITH A SAFE PLACE TO CELEBRATE JESUS CHRIST THROUGH MINISTRY AND EVENTS. | $3,452 | $3,452 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROB CARLETON | Pastor | - | $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
- 2023-10-20
- 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 2,904 insurance 2,622 non-investment depreciation 6,579 total 12,105”
Form 990-ez, Part II, Line 24
“158,672 186,348 less accumulated depreciation 7,798 14,377 total 150,874 171,971”
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 Appendix109 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 | 55495 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 35168 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 79320 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 770 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 16661 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 206369 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 207139 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 3452 |
| IRS990EZ/GrossReceiptsAmt | 0 | 79357 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 37 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 206369 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 207139 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 206369 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 207139 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 14569 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| 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 | 150874 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 171971 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 12105 |
| 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 | 3452 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 3452 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 38378 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 31800 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 78587 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 41830 |
| IRS990EZ/TotalRevenueAmt | 0 | 79357 |
| 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 - SUPPLIES 2,904 INSURANCE 2,622 NON-INVESTMENT DEPRECIATION 6,579 TOTAL 12,105 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 158,672 186,348 LESS ACCUMULATED DEPRECIATION 7,798 14,377 TOTAL 150,874 171,971 |
| 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 | 2023-04-26 12:10:37Z |
| 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 | 2023-10-20 |
| 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 | 2023-10-20 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRIAN K ISOM CPA |
| ReturnHeader/ReturnTs | 0 | 2023-10-27T19:40:28-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | ROB |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | CARLETON |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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.
- Assets
- $207,139
- Liabilities
- $0
- Net assets
- $207,139
- Revenue
- $79,357
- Expenses
- $78,587
- Net income
- $770