Civic Intelligence

Fortunate Way

990EZ • Fiscal year 2022 • EIN 87-3809175

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 11, 2023

Organization ProfileN/A
3225 McLeod DriveLas Vegas, NV 89121

(423) 443-7302

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

6th percentile

-106%

Higher net margin than 6% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

41st percentile

-2.9%

Faster asset growth than 41% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

2nd percentile

-97%

Faster revenue growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$189,114

Down $5,655 (-2.9%) from 2021

Net Assets

Down

$189,114

Down $5,655 (-2.9%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin6th percentile

Revenue

Down

$5,345

Down $194,669 (-97%) from 2021

Expenses

Up

$11,000

Up $5,755 (+110%) from 2021

Net Income

Down

-$5,655

Down $200,424 (-103%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$200K$150K$100K$50K$0Assets 2021: $194,769Liabilities 2021: $0Net Assets 2021: $194,7692021Assets 2022: $189,114Liabilities 2022: $0Net Assets 2022: $189,1142022Assets 2023: $178,209Liabilities 2023: $0Net Assets 2023: $178,2092023Assets 2024: $167,248Liabilities 2024: $0Net Assets 2024: $167,2482024

Highlighted filing

2022

Assets$189,114
Liabilities$0
Net Assets$189,114
Open 2022 Filing

Operations Trend

Revenue Growth2nd percentile

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

$300K$200K$100K$0-$100KRevenue 2021: $200,014Expenses 2021: $5,245Net Income 2021: $194,7692021Revenue 2022: $5,345Expenses 2022: $11,000Net Income 2022: -$5,6552022Revenue 2023: $95Expenses 2023: $11,000Net Income 2023: -$10,9052023Revenue 2024: $89Expenses 2024: $11,050Net Income 2024: -$10,9612024

Highlighted filing

2022

Revenue$5,345
Expenses$11,000
Net Income-$5,655
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 11, 2023
Return Version
2022v5.0
Gross Receipts
$5,345
Mission and Program Overview

Mission

Help veterans and their families

Fortunate Way was formed to assist and support veterans and their families in times of need. The organization will aid the transition of veterans and their families to civilian life. Many veterans and their families have difficulty transitioning out of the military and may experience feelings of depression, hopelessness, and suicidal thoughts during the initial transition and as they transition through stages of life. It is imperative that necessary resources are provided to improve the financial, emotional and physical health of veterans and their families. The nonprofit's goal is to help veterans and their families become productive citizens because they answered our nation's call when we needed them.

Program Services

DescriptionGrantsExpenses
During 2022, the organization began the process of determining its path forward after its organization in 2021. In late 2022, the organization identified another organization with programs that support veterans transitioning into civilian life and provided a grant to help support their activities.$11,000$11,000
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert Edward HensleyPresident/Ed/Director-$0--
Arlina Guerra HensleySecretary/Treasurer/Director-$0--
Garrett Edward HensleyDirector-$0--
Alexia HensleyDirector-$0--
Ariana HensleyDirector-$0--
Robert Grant HensleyDirector-$0--
Filing and Contact Details

Filer

Filer Name
Fortunate Way
EIN
87-3809175
Phone
4234437302
Address
3225 McLeod Drive, Las Vegas, NV 89121

Signing Officer

Name
Robert Edward Hensley
Title
President/Executive Director
Phone
4234437302
Signed
2023-06-11
Discuss with paid preparer
Yes

Preparer

Firm
C Elizabeth Jain CPA LLC
Address
5900 S Lake Forest Dr Ste 110, McKinney, TX 75070
Preparer
Tony J Morris CPA
Phone
9725428889
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

“Description: Dividends. Amount: 100.”

Form 990-EZ, Part I, Line 8 - Other Revenue

“Description: Refund of prior year expenses. Amount: 5.”

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

“Activity Classification: Program Services. Grantee Name: Renew Ministry of Calvary Chapel Chattanooga. Grantee Address: 3415 Broad Street Chattanooga, TN 37409. Date of Gift: 12/28/22. Amount Given: 11,000.”

Raw XML Appendix162 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0McKinney
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Robert Edward Hensley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Arlina Guerra Hensley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Garrett Edward Hensley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Alexia Hensley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Ariana Hensley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Robert Grant Hensley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President/ED/Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Fortunate Way was formed to assist and support veterans and their families in times of need. The organization will aid the transition of veterans and their families to civilian life. Many veterans and their families have difficulty transitioning out of the military and may experience feelings of depression, hopelessness, and suicidal thoughts during the initial transition and as they transition through stages of life. It is imperative that necessary resources are provided to improve the financial, emotional and physical health of veterans and their families. The nonprofit's goal is to help veterans and their families become productive citizens because they answered our nation's call when we needed them.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0During 2022, the organization began the process of determining its path forward after its organization in 2021. In late 2022, the organization identified another organization with programs that support veterans transitioning into civilian life and provided a grant to help support their activities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt011000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011000
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05240
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0200014
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Dividends. Amount: 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Refund of prior year expenses. Amount: 5.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Activity Classification: Program Services. Grantee Name: Renew Ministry of Calvary Chapel Chattanooga. Grantee Address: 3415 Broad Street Chattanooga, TN 37409. Date of Gift: 12/28/22. Amount Given: 11,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
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
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Robert Edward Hensley
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President/Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum04234437302
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Fortunate Way
ReturnHeader/Filer/BusinessNameControlTxt0FORT
ReturnHeader/Filer/EIN0873809175
ReturnHeader/Filer/PhoneNum04234437302
ReturnHeader/Filer/USAddress/AddressLine1Txt03225 McLeod Drive
ReturnHeader/Filer/USAddress/CityNm0Las Vegas
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV
ReturnHeader/Filer/USAddress/ZIPCd089121
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0873791140
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0C Elizabeth Jain CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05900 S Lake Forest Dr Ste 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0McKinney
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075070
ReturnHeader/PreparerPersonGrp/PhoneNum09725428889
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tony J Morris CPA
ReturnHeader/ReturnTs02023-06-28T11:53:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Robert
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Edward Hensley
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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.

Open filing
Assets
$189,114
Liabilities
$0
Net assets
$189,114
Revenue
$5,345
Expenses
$11,000
Net income
-$5,655
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.67$0.00$0.11$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.78$0.00$1.78$0.00$0.11$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.05$0.11$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$2.00$0.05$1.95