Civic Intelligence

Fm Athletics Inc

EIN 23-7189641 • 501(c)3 • Fargo, ND

Profile

The philosophy of FM Athletics is to provide an opportunity for ALL youth to play football, including those who might not otherwise have the chance. It is the intent of the league to foster sportsmanship, team play and leadership.

PO Box 127Fargo, ND 58107-0127

www.fmathletics.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

73rd percentile

18%

Higher net margin than 73% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

76th percentile

20%

Faster asset growth than 76% of similar nonprofits.

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

Revenue Growth

77th percentile

27%

Faster revenue growth than 77% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$487,029

Up $9,242 (+1.9%) from 2023

Liabilities

Up

$155

Up $44 (+40%) from 2023

Net Assets

Up

$486,874

Up $9,198 (+1.9%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin73rd percentile

Revenue

Down

$390,506

Down $16,817 (-4.1%) from 2023

Expenses

Up

$381,308

Up $23,774 (+6.6%) from 2023

Net Income

Down

$9,198

Down $40,591 (-82%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth76th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $380,009Liabilities 2011: $85Net Assets 2011: $379,9242011Assets 2012: $351,196Liabilities 2012: $0Net Assets 2012: $351,1962012Assets 2013: $353,192Liabilities 2013: $55Net Assets 2013: $353,1372013Assets 2014: $409,127Liabilities 2014: $0Net Assets 2014: $409,1272014Assets 2015: $490,330Liabilities 2015: $67Net Assets 2015: $490,2632015Assets 2017: $375,796Liabilities 2017: $116Net Assets 2017: $375,6802017Assets 2018: $400,090Liabilities 2018: $214Net Assets 2018: $399,8762018Assets 2019: $404,291Liabilities 2019: $224Net Assets 2019: $404,0672019Assets 2020: $286,489Liabilities 2020: $67Net Assets 2020: $286,4222020Assets 2021: $356,171Liabilities 2021: $115Net Assets 2021: $356,0562021Assets 2022: $427,977Liabilities 2022: $90Net Assets 2022: $427,8872022Assets 2023: $477,787Liabilities 2023: $111Net Assets 2023: $477,6762023Assets 2024: $487,029Liabilities 2024: $155Net Assets 2024: $486,8742024

Highlighted filing

2024

Assets$487,029
Liabilities$155
Net Assets$486,874
Open 2024 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $353,6012011Expenses 2012: $327,3262012Revenue 2013: $303,670Expenses 2013: $301,729Net Income 2013: $1,9412013Revenue 2014: $296,540Expenses 2014: $241,050Net Income 2014: $55,4902014Revenue 2015: $307,605Expenses 2015: $226,469Net Income 2015: $81,1362015Revenue 2017: $329,862Expenses 2017: $359,279Net Income 2017: -$29,4172017Revenue 2018: $339,605Expenses 2018: $315,409Net Income 2018: $24,1962018Revenue 2019: $335,293Expenses 2019: $331,102Net Income 2019: $4,1912019Revenue 2020: $6,464Expenses 2020: $124,109Net Income 2020: -$117,6452020Revenue 2021: $312,388Expenses 2021: $242,754Net Income 2021: $69,6342021Revenue 2022: $397,959Expenses 2022: $326,128Net Income 2022: $71,8312022Revenue 2023: $407,323Expenses 2023: $357,534Net Income 2023: $49,7892023Revenue 2024: $390,506Expenses 2024: $381,308Net Income 2024: $9,1982024

Highlighted filing

2024

Revenue$390,506
Expenses$381,308
Net Income$9,198
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$487,029
Liabilities
$155
Net assets
$486,874
Revenue
$390,506
Expenses
$381,308
Net income
$9,198
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.87$0.00$4.87$3.91$3.81$0.09
2023Detailed filing. Detailed filing data is available for this year.$4.78$0.00$4.78$4.07$3.58$0.50
2022Detailed filing. Detailed filing data is available for this year.$4.28$0.00$4.28$3.98$3.26$0.72
2021Detailed filing. Detailed filing data is available for this year.$3.56$0.00$3.56$3.12$2.43$0.70
2020Detailed filing. Detailed filing data is available for this year.$2.86$0.00$2.86$0.06$1.24$1.18
2019Detailed filing. Detailed filing data is available for this year.$4.04$0.00$4.04$3.35$3.31$0.04
2018Detailed filing. Detailed filing data is available for this year.$4.00$0.00$4.00$3.40$3.15$0.24
2017Detailed filing. Detailed filing data is available for this year.$3.76$0.00$3.76$3.30$3.59$0.29
2015Detailed filing. Detailed filing data is available for this year.$4.90$0.00$4.90$3.08$2.26$0.81
2014Detailed filing. Detailed filing data is available for this year.$4.09$0.00$4.09$2.97$2.41$0.55
2013Detailed filing. Detailed filing data is available for this year.$3.53$0.00$3.53$3.04$3.02$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.51$0.00$3.51$3.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$0.00$3.80$3.54
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 7, 2025
Return Version
2024v5.1
Gross Receipts
$390,506
Mission and Program Overview

Mission

The philosophy of FM Athletics is to provide an opportunity for ALL youth to play football, including those who might not otherwise have the chance. It is the intent of the league to foster sportsmanship, team play and leadership.

To provide youth athletic programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$185,718$185,718→ $0
Cash and Non-Interest-Bearing Accounts$292,069$151,311▼ $140,758
Savings and Temporary Cash Investments-$150,000-
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$477,787$487,029▲ $9,242
Liabilities
Accounts Payable and Accrued Expenses$111$155▲ $44
Total Liabilities$111$155▲ $44
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$477,676$486,874▲ $9,198
Total Net Assets Fund Balance$477,676$486,874▲ $9,198
Total Liabilities and Net Assets / Fund Balance$477,787$487,029▲ $9,242

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$347,512$347,512
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer AmesBookkeeper/AdministratorPT$25,763$25,763

Board Members and Trustees

NameTitle
Paul Otto FerriePresident
Casey MittagVice President
Blaine ThorkildsonDirector
Brady BlombergDirector
Britt IngersollDirector
Chris IngersollDirector
Curt KellenDirector
Daniel GundersonDirector
Dave AmesDirector
Dick GrothDirector
Doug HuberDirector
Henry LytleDirector
Jeff DixonDirector
Jerry RostadDirector
Jim RohdeDirector
Joe FuchsDirector
Joey O'DonnellDirector
Larry QuammeDirector
Luke GibbonDirector
Melvin Whitney JrDirector
Mike HolmDirector
Nate RobideauDirector
PJ PetersonDirector
Pam VadnaisDirector
Ryan VeralrudDirector
Tim OrnessDirector
Tim RaftevoldDirector
Tyler UkestadDirector
Kristi KellenSecretary
Steve IngersollTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$24,692
Program Service Revenue
$364,613
Investment Income
$256
Other Revenue
$945
All Other Contributions
$24,692
Change in Net Assets
$9,198
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$277,423
Salaries, Compensation, and Employee Benefits$103,885
Total Fundraising Expense$47,778
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$96,929--$96,929
Comp Disqual Persons$19,375-$45,000$64,375
Current Officers, Directors, Trustees, and Key Employees$11,593$11,593$2,577$25,763
Insurance$9,601$6,539-$16,140
Occupancy$13,859--$13,859
Office Expenses$11,448$25-$11,473
Advertising$9,850--$9,850
Other Salaries and Wages$9,486--$9,486
Fees for Services Accounting-$5,618-$5,618
Payroll Taxes$3,156$904$201$4,261
Conferences and Meetings$1,528$2,071-$3,599
Other Expenses$3,575--$3,575
All Other Expenses$1,603--$1,603
Information Technology$995--$995
Total Functional Expenses$306,780$26,750$47,778$381,308
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Randy Vadnais - FM FundraisingHusband of Board Member - Pam Vadnais1099 - FundraisingNo$45,000
Dallas RaftevoldSon of Board Member - Tim RaftevoldStaff SalaryNo$19,375
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Jennifer Ames and David Ames - family relationship Chris Ingersoll, Britt Ingersoll, and Steve Ingersoll - family relationship”

Form 990, Part VI, Section A, line 6

“There are 3 types of members: 1. Parent(s) and/or guardians of each youth registered to play in youth programs of the organization shall be one collective member. 2. Each person 18 years of age or older who is currently a coach identified as such on the roster of team participating in one of the organization's programs. 3. Any other person 18 years of age or older who is interested in becoming a member and has submitted an annual written application to the Secretary of the board and approved by the Board of Directors.”

Form 990, Part VI, Section A, line 7A

“The board members are elected at the annual meeting by the members of the organization.”

Form 990, Part VI, Section A, line 8B

“There are no committees with the authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, line 11B

“The President of the board reviews and approves the Form 990 before it is filed with the IRS.”

Form 990, Part VI, Section C, line 19

“The organization does not make its governing documents or financial statements available to the public.”

Filing and Contact Details

Filer

Filer Name
FM Athletics Inc
EIN
23-7189641
Phone
7012321471
Address
PO Box 127, Fargo, ND 58107-0127

Signing Officer

Name
Paul Ferrie
Title
President
Phone
7012321471
Signed
2025-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Ferrie
Formed
1972
Legal Domicile
Nd
Voting Board Members
30
Independent Board Members
27
Employees
4
Volunteers
325

Preparer

Firm
Eide Bailly LLP
Address
4585 Coleman St Ste 200, Bismarck, ND 58503
Preparer
Lisa Chaffee CPA
Phone
7012551091
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Other Fees: Program service expenses 7,296. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,296. Contract Labor: Program service expenses 89,633. Management and general expenses 0. Fundraising expenses 0. Total expenses 89,633.”

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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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IRS990/Desc0FM Athletics, Inc., was formed in 1972 to help promote youth football in the Fargo-Moorhead area. We are proud to have completed our 52nd season in 2024. The league had over 1,400 participants registered, playing on 54 different teams. The organization is a non-profit corporation and all board members are volunteers.
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IRS990/Form990PartVIISectionAGrp/PersonNm0Paul Otto Ferrie
IRS990/Form990PartVIISectionAGrp/PersonNm1Casey Mittag
IRS990/Form990PartVIISectionAGrp/PersonNm2Steve Ingersoll
IRS990/Form990PartVIISectionAGrp/PersonNm3Kristi Kellen
IRS990/Form990PartVIISectionAGrp/PersonNm4Tim Orness
IRS990/Form990PartVIISectionAGrp/PersonNm5Daniel Gunderson
IRS990/Form990PartVIISectionAGrp/PersonNm6Joe Fuchs
IRS990/Form990PartVIISectionAGrp/PersonNm7Melvin Whitney Jr
IRS990/Form990PartVIISectionAGrp/PersonNm8Joey O'Donnell
IRS990/Form990PartVIISectionAGrp/PersonNm9Jeff Dixon
IRS990/Form990PartVIISectionAGrp/PersonNm10Dick Groth
IRS990/Form990PartVIISectionAGrp/PersonNm11Doug Huber
IRS990/Form990PartVIISectionAGrp/PersonNm12Brady Blomberg
IRS990/Form990PartVIISectionAGrp/PersonNm13Mike Holm
IRS990/Form990PartVIISectionAGrp/PersonNm14Britt Ingersoll
IRS990/Form990PartVIISectionAGrp/PersonNm15Chris Ingersoll
IRS990/Form990PartVIISectionAGrp/PersonNm16Luke Gibbon
IRS990/Form990PartVIISectionAGrp/PersonNm17Tim Raftevold
IRS990/Form990PartVIISectionAGrp/PersonNm18Jerry Rostad
IRS990/Form990PartVIISectionAGrp/PersonNm19Curt Kellen
IRS990/Form990PartVIISectionAGrp/PersonNm20Henry Lytle
IRS990/Form990PartVIISectionAGrp/PersonNm21Larry Quamme
IRS990/Form990PartVIISectionAGrp/PersonNm22PJ Peterson
IRS990/Form990PartVIISectionAGrp/PersonNm23Blaine Thorkildson
IRS990/Form990PartVIISectionAGrp/PersonNm24Nate Robideau
IRS990/Form990PartVIISectionAGrp/PersonNm25Ryan Veralrud
IRS990/Form990PartVIISectionAGrp/PersonNm26Tyler Ukestad
IRS990/Form990PartVIISectionAGrp/PersonNm27Pam Vadnais
IRS990/Form990PartVIISectionAGrp/PersonNm28Dave Ames
IRS990/Form990PartVIISectionAGrp/PersonNm29Jim Rohde
IRS990/Form990PartVIISectionAGrp/PersonNm30Jennifer Ames
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director
IRS990/Form990PartVIISectionAGrp/TitleTxt26Director
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director
IRS990/Form990PartVIISectionAGrp/TitleTxt28Director
IRS990/Form990PartVIISectionAGrp/TitleTxt29Director
IRS990/Form990PartVIISectionAGrp/TitleTxt30Bookkeeper/Administrator
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IRS990/MissionDesc0The philosophy of FM Athletics is to provide an opportunity for ALL youth to play football, including those who might not otherwise have the chance. It is the intent of the league to foster sportsmanship, team play and leadership.
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