Civic Intelligence

Sorae International Inc.

990EZ • Fiscal year 2021 • EIN 82-4330184

Apr 01, 2020 to Mar 31, 2021 • Filed on Aug 03, 2021

1911 W Marshall StNorristown, PA 19403

(610) 630-6300

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

63rd percentile

19%

Higher net margin than 63% 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

80th percentile

49%

Faster asset growth than 80% of similar nonprofits.

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

Revenue Growth

58th percentile

14%

Faster revenue growth than 58% of similar nonprofits.

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

Assets

Up

$67,314

Up $22,170 (+49%) from 2020

Net Assets

$67,314

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$119,566

Up $14,438 (+14%) from 2020

Expenses

Up

$97,396

Up $13,366 (+16%) from 2020

Net Income

Up

$22,170

Up $1,072 (+5.1%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2019: $24,046Liabilities 2019: $02019Assets 2020: $45,144Liabilities 2020: $02020Assets 2021: $67,314Net Assets 2021: $67,3142021Assets 2022: $118,248Liabilities 2022: $0Net Assets 2022: $118,2482022Assets 2023: $146,624Liabilities 2023: $0Net Assets 2023: $146,6242023Assets 2024: $135,552Liabilities 2024: $0Net Assets 2024: $135,5522024Assets 2025: $136,541Liabilities 2025: $0Net Assets 2025: $136,5412025

Highlighted filing

2021

Assets$67,314
Liabilities-
Net Assets$67,314

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2019: $129,407Expenses 2019: $111,668Net Income 2019: $17,7392019Revenue 2020: $105,128Expenses 2020: $84,030Net Income 2020: $21,0982020Revenue 2021: $119,566Expenses 2021: $97,396Net Income 2021: $22,1702021Revenue 2022: $125,632Expenses 2022: $74,698Net Income 2022: $50,9342022Revenue 2023: $141,894Expenses 2023: $113,519Net Income 2023: $28,3752023Revenue 2024: $133,715Expenses 2024: $144,787Net Income 2024: -$11,0722024Revenue 2025: $148,160Expenses 2025: $147,171Net Income 2025: $9892025

Highlighted filing

2021

Revenue$119,566
Expenses$97,396
Net Income$22,170
Jump To
Filing Snapshot
Filing Period
Apr 1, 2020 to Mar 31, 2021
Signed
Aug 3, 2021
Return Version
2020v4.0
Gross Receipts
$119,566
Mission and Program Overview

Mission

To provide theological resources and education to newly emerging Christian communities in the US and around the world by supporting US based theologians and missionaries endeavoring in such works.

Program Services

DescriptionGrantsExpenses
MISSIONARY SUPPORT-$65,341
EDUCATION ORGANIZATION RECEIVED 1,500 AS DONATED RENT WHICH WERE NOT INCLUDED FOR THE PURPOSE OF 990 REPORTING.-$25,369
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHEN ROChair-$0--
SUNG-IL PARKPresident-$0--
WON SAM YISecretary-$0--
JAY PARKTreasurer-$0--
CHAN WOO LEEBoard Member-$0--
RYAN KIMBoard Member-$0--
YOUNG CHUN CHOBoard Member-$0--
INHYUN RYUBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Sorae International Inc
EIN
82-4330184
Phone
6106306300
Address
1911 W MARSHALL ST, NORRISTOWN, PA 19403

Signing Officer

Name
Sung-il Park
Title
President
Phone
6106306300
Signed
2021-08-03
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses bank fees 36 office expense 1,131 conference 4,200 meetings 570 mission expense 64,312 registration fees 100 equipment 819 subscription 375 total 71,543

Form 990-ez, Part III

To provide theological resources and education to newly emerging christian communities in the us and around the world by supporting us based theologians and missionaries endeavoring in such works.

Raw XML Appendix157 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.

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CompensationExplanation/CompensationExplanationGrp/PersonNm1SUNGIL PARK
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CompensationExplanation/CompensationExplanationGrp/PersonNm3JAY PARK
CompensationExplanation/CompensationExplanationGrp/PersonNm4CHAN WOO LEE
CompensationExplanation/CompensationExplanationGrp/PersonNm5RYAN KIM
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7INHYUN RYU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt071543
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK FEES 36 OFFICE EXPENSE 1,131 CONFERENCE 4,200 MEETINGS 570 MISSION EXPENSE 64,312 REGISTRATION FEES 100 EQUIPMENT 819 SUBSCRIPTION 375 TOTAL 71,543
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO PROVIDE THEOLOGICAL RESOURCES AND EDUCATION TO NEWLY EMERGING CHRISTIAN COMMUNITIES IN THE US AND AROUND THE WORLD BY SUPPORTING US BASED THEOLOGIANS AND MISSIONARIES ENDEAVORING IN SUCH WORKS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SUNG-IL PARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06106306300
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SORAE INTERNATIONAL INC
ReturnHeader/Filer/BusinessNameControlTxt0SORA
ReturnHeader/Filer/EIN0824330184
ReturnHeader/Filer/PhoneNum06106306300
ReturnHeader/Filer/USAddress/AddressLine1Txt01911 W MARSHALL ST
ReturnHeader/Filer/USAddress/CityNm0NORRISTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019403
ReturnHeader/ReturnTs02021-08-12T08:46:20-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SUNG-IL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PARK
ReturnHeader/TaxPeriodBeginDt02020-04-01
ReturnHeader/TaxPeriodEndDt02021-03-31
ReturnHeader/TaxYr02020

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Filings