Civic Intelligence

Soredi Foundation

990EZ • Fiscal year 2023 • EIN 84-5103137

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 01, 2024

1311 E Barnett Rd 301Medford, OR 97504

(541) 773-8946

Siviq Scores

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

Liabilities / Assets

80th percentile

0.11x

Higher debt load relative to assets than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

0.20x

Higher debt load relative to revenue than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

90th percentile

83%

Faster asset growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-79%

Faster revenue growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Flat

$38,276

Flat from 2023

Net Assets

$34,100

No earlier filing loaded for comparison.

Liabilities

Flat

$4,176

Flat from 2023

Revenue

Flat

$21,334

Flat from 2023

Expenses

Flat

$7,110

Flat from 2023

Net Income

Flat

$14,224

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2021: $20,000Liabilities 2021: $02021Assets 2022: $20,872Liabilities 2022: $9962022Assets 2023: $38,276Liabilities 2023: $4,176Net Assets 2023: $34,1002023Assets 2023: $38,276Liabilities 2023: $4,1762023Assets 2024: $51,704Liabilities 2024: $1,517Net Assets 2024: $50,1872024

Highlighted filing

2023

Assets$38,276
Liabilities$4,176
Net Assets$34,100

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2021: $20,000Expenses 2021: $0Net Income 2021: $20,0002021Revenue 2022: $102,866Expenses 2022: $102,990Net Income 2022: -$1242022Revenue 2023: $21,334Expenses 2023: $7,110Net Income 2023: $14,2242023Revenue 2023: $21,334Expenses 2023: $7,110Net Income 2023: $14,2242023Revenue 2024: $19,440Expenses 2024: $3,353Net Income 2024: $16,0872024

Highlighted filing

2023

Revenue$21,334
Expenses$7,110
Net Income$14,224
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 1, 2024
Return Version
2022v5.0
Gross Receipts
$30,244
Mission and Program Overview

Mission

Creation of a network that allows businesses and entrepreneurs to connect, utilize resources, develop and create jobs through strategic assistance, education, funding, invention, innovation, and mentorship, along with educational initiatives that connect students to job opportunities in southern oregon.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION SUCCESSFULLY LAUNCHED THEIR FIRST ANNUAL FUNDRAISER AND PROVIDED TWO EDUCATION SCHOLARSHIPS.$800$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARLA CHALMERSDirector-$0--
KARLA CLARKDirector-$0--
JAMES MONROEDirector-$0--
STEVE VINCENTDirector-$0--
CHRIS DUBOSEPresidentPT$0--
TOM FISCHERVice-PresidentPT$0--
LOWELL GIBSONSecretary/TreasurerPT$0--
COLLEEN PADILLAExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Soredi Foundation
EIN
84-5103137
Phone
5417738946
Address
1311 E BARNETT RD 301, MEDFORD, OR 97504

Signing Officer

Name
Colleen Padilla
Title
Executive Director
Phone
5417738946
Signed
2024-02-01
Discuss with paid preparer
Yes

Preparer

Firm
Isler Medford LLC
Address
839 ALDER CREEK DR, MEDFORD, OR 97504
Preparer
Carolyn M Ryder
Phone
5417797641
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: EDUCATION SCHOLARSHIP. Grantee Name: KATARINA HUNT. Date of Gift: 07/25/22. Amount Given: 500.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: EDUCATION SCHOLARSHIP. Grantee Name: BRIANNA STELLER. Date of Gift: 07/12/23. Approved but Not Paid by Filing Deadline: Yes. Amount Given: 300. Total included on Form 990-EZ, line 10: 800.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: MATERIALS AND SUPPLIES. Amount: 1,115. Description: INSURANCE. Amount: 1,683. Description: LICENSES, FEES AND PERMITS. Amount: 770. Total to Form 990-EZ, line 16: 3,568.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: ACCOUNTS PAYABLE. Beg. of Year Amount: 996. End of Year Amount: 4,176.

Raw XML Appendix185 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum05417738946
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01311 E BARNETT RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MEDFORD
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARLA CHALMERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KARLA CLARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JAMES MONROE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3STEVE VINCENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHRIS DUBOSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TOM FISCHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LOWELL GIBSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7COLLEEN PADILLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt03568
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0CREATION OF A NETWORK THAT ALLOWS BUSINESSES AND ENTREPRENEURS TO CONNECT, UTILIZE RESOURCES, DEVELOP AND CREATE JOBS THROUGH STRATEGIC ASSISTANCE, EDUCATION, FUNDING, INVENTION, INNOVATION, AND MENTORSHIP, ALONG WITH EDUCATIONAL INITIATIVES THAT CONNECT STUDENTS TO JOB OPPORTUNITIES IN SOUTHERN OREGON.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SpecialEventsNetIncomeLossAmt0-5166
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OR
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0996
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04176
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt07110
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt021334
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt030244
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0122866
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0173110
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0173110
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Classification: EDUCATION SCHOLARSHIP. Grantee Name: KATARINA HUNT. Date of Gift: 07/25/22. Amount Given: 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Classification: EDUCATION SCHOLARSHIP. Grantee Name: BRIANNA STELLER. Date of Gift: 07/12/23. Approved but Not Paid by Filing Deadline: Yes. Amount Given: 300. Total included on Form 990-EZ, line 10: 800.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: MATERIALS AND SUPPLIES. Amount: 1,115. Description: INSURANCE. Amount: 1,683. Description: LICENSES, FEES AND PERMITS. Amount: 770. Total to Form 990-EZ, line 16: 3,568.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: ACCOUNTS PAYABLE. Beg. of Year Amount: 996. End of Year Amount: 4,176.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0COLLEEN PADILLA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05417738946
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOREDI FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SORE
ReturnHeader/Filer/EIN0845103137
ReturnHeader/Filer/PhoneNum05417738946
ReturnHeader/Filer/USAddress/AddressLine1Txt01311 E BARNETT RD 301
ReturnHeader/Filer/USAddress/CityNm0MEDFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097504
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204749363
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ISLER MEDFORD LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0839 ALDER CREEK DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MEDFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097504
ReturnHeader/PreparerPersonGrp/PhoneNum05417797641
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CAROLYN M RYDER
ReturnHeader/ReturnTs02024-03-07T14:38:49-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0COLLEEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PADILLA
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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