Civic Intelligence

Northern Lights Academy Inc

EIN 26-4334597 • 501(c)3 • Fairbanks, AK

Profile

The mission of northern lights academy is to provide a quality education in a place students can safely learn and grow. Learning is paramount at northern lights academy. Families are welcome and expected to participate in the learning process of their child. Due to smaller class size, the varied ages of the students, and the like-minded behavioral and ethical expectations of both families and staff, the students will be able to cover academic ground more quickly and in greater depth. Traditional as well as more out of the box teaching methods will be utilized.

181 Carlyle WayFairbanks, AK 99709

northernlightsacademy.org

Siviq Scores

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

Liabilities / Assets

90th percentile

0.61x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

0.14x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

39th percentile

-3.3%

Higher net margin than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$3,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

21st percentile

-40%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

26th percentile

-28%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$14,905

Up $6,590 (+79%) from 2017

Liabilities

Down

$112

Down $4,921 (-98%) from 2017

Net Assets

Up

$14,793

Up $11,511 (+351%) from 2017

Revenue

Up

$38,442

Up $3,137 (+8.9%) from 2017

Expenses

Down

$26,931

Down $9,546 (-26%) from 2017

Net Income

Up

$11,511

Up $12,683 (+1082%) from 2017

Trend Graphs

Balance Sheet Trend

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

$15K$10K$5.0K$0-$5.0KAssets 2015: $11,828Liabilities 2015: $13,638Net Assets 2015: -$1,8102015Assets 2016: $13,936Liabilities 2016: $9,481Net Assets 2016: $4,4552016Assets 2017: $8,315Liabilities 2017: $5,033Net Assets 2017: $3,2822017Assets 2018: $14,905Liabilities 2018: $112Net Assets 2018: $14,7932018

Highlighted filing

2018

Assets$14,905
Liabilities$112
Net Assets$14,793

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2015: $46,363Expenses 2015: $47,508Net Income 2015: -$1,1452015Revenue 2016: $49,094Expenses 2016: $42,828Net Income 2016: $6,2662016Revenue 2017: $35,305Expenses 2017: $36,477Net Income 2017: -$1,1722017Revenue 2018: $38,442Expenses 2018: $26,931Net Income 2018: $11,5112018

Highlighted filing

2018

Revenue$38,442
Expenses$26,931
Net Income$11,511

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 29, 2019
Return Version
2017v2.3
Gross Receipts
$58,937
Mission and Program Overview

Mission

The mission of northern lights academy is to provide a quality education in a place students can safely learn and grow. Learning is paramount at northern lights academy. Families are welcome and expected to participate in the learning process of their child. Due to smaller class size, the varied ages of the students, and the like-minded behavioral and ethical expectations of both families and staff, the students will be able to cover academic ground more quickly and in greater depth. Traditional as well as more out of the box teaching methods will be utilized.

Program Services

DescriptionGrantsExpenses
THE MISSION OF NORTHERN LIGHTS ACADEMY IS TO PROVIDE A QUALITY EDUCATION IN A PLACE STUDENTS CAN SAFELY LEARN AND GROW. LEARNING IS PARAMOUNT AT NORTHERN LIGHTS ACADEMY. FAMILIES ARE WELCOME AND EXPECTED TO PARTICIPATE IN THE LEARNING PROCESS OF THEIR CHILD. DUE TO SMALLER CLASS SIZE, THE VARIED AGES OF THE STUDENTS, AND THE LIKE-MINDED BEHAVIORAL AND ETHICAL EXPECTATIONS OF BOTH FAMILIES AND STAFF, THE STUDENTS WILL BE ABLE TO COVER ACADEMIC GROUND MORE QUICKLY AND IN GREATER DEPTH. TRADITIONAL AS WELL AS MORE OUT OF THE BOX TEACHING METHODS WILL BE UTILIZED.-$28,634
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANICE TRUMBULLPresidentFT$0--
JEFF WAGNERVice Preside-$0--
PAMELA LEISTSecretary-$0--
VIRGINIA FARMIERTreasurer-$0--
STEPHANIE GAROUTTEDirector-$0--
CHARLOTTE CANONDirector-$0--
MICHELLE REIDDirector-$0--
FELICIA BURUDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Northern Lights Academy Inc
EIN
26-4334597
Address
181 CARLYLE WAY, FAIRBANKS, AK 99709

Signing Officer

Name
Virginia Farmier
Title
Treasurer
Signed
2019-04-29
Discuss with paid preparer
Yes

Preparer

Firm
True North Business Services
Address
1201 9TH AVE STE 101, FAIRBANKS, AK 99701
Preparer
Virginia N Farmier CPA Ara
Phone
9074581040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

7,946 TOTAL 7,946

Form 990-ez, Part I, Line 16

Raffle tickets 410 taxes/licenses 20 charitable contributions 50 expenses workers comp 410 liability d&o 4,083 scholarship awarded 1,925 cleaning services & suppl 531 equipment rental & mainte 425 communication expense 1,385 testing material 88 text books & teaching sup 380 uniform expense 120 dues & subscriptions 300 miscellaneous exp 496 non-investment depreciation 666 total 11,289

Form 990-ez, Part II, Line 24

Accounts receivable 1,575 1,800 prepaid expenses and deferred charges 325 0 3,931 3,931 less accumulated depreciation 2,033 2,699 total 3,798 3,032

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 33 112 unsecured notes and loans payable 5,000 0

Form 990-ez, Part III

The mission of northern lights academy is to provide a quality education in a place students can safely learn and grow. Learning is paramount at northern lights academy. Families are welcome and expected to participate in the learning process of their child. Due to smaller class size, the varied ages of the students, and the like-minded behavioral and ethical expectations of both families and staff, the students will be able to cover academic ground more quickly and in greater depth. Traditional as well as more out of the box teaching methods will be utilized.

Form 990-ez, Part III, Line 28

The mission of northern lights academy is to provide a quality education in a place students can safely learn and grow. Learning is paramount at northern lights academy. Families are welcome and expected to participate in the learning process of their child. Due to smaller class size, the varied ages of the students, and the like-minded behavioral and ethical expectations of both families and staff, the students will be able to cover academic ground more quickly and in greater depth. Traditional as well as more out of the box teaching methods will be utilized.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RAFFLE TICKETS 410 TAXES/LICENSES 20 CHARITABLE CONTRIBUTIONS 50 EXPENSES WORKERS COMP 410 LIABILITY D&O 4,083 SCHOLARSHIP AWARDED 1,925 CLEANING SERVICES & SUPPL 531 EQUIPMENT RENTAL & MAINTE 425 COMMUNICATION EXPENSE 1,385 TESTING MATERIAL 88 TEXT BOOKS & TEACHING SUP 380 UNIFORM EXPENSE 120 DUES & SUBSCRIPTIONS 300 MISCELLANEOUS EXP 496 NON-INVESTMENT DEPRECIATION 666 TOTAL 11,289
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 1,575 1,800 PREPAID EXPENSES AND DEFERRED CHARGES 325 0 3,931 3,931 LESS ACCUMULATED DEPRECIATION 2,033 2,699 TOTAL 3,798 3,032
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 33 112 UNSECURED NOTES AND LOANS PAYABLE 5,000 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MISSION OF NORTHERN LIGHTS ACADEMY IS TO PROVIDE A QUALITY EDUCATION IN A PLACE STUDENTS CAN SAFELY LEARN AND GROW. LEARNING IS PARAMOUNT AT NORTHERN LIGHTS ACADEMY. FAMILIES ARE WELCOME AND EXPECTED TO PARTICIPATE IN THE LEARNING PROCESS OF THEIR CHILD. DUE TO SMALLER CLASS SIZE, THE VARIED AGES OF THE STUDENTS, AND THE LIKE-MINDED BEHAVIORAL AND ETHICAL EXPECTATIONS OF BOTH FAMILIES AND STAFF, THE STUDENTS WILL BE ABLE TO COVER ACADEMIC GROUND MORE QUICKLY AND IN GREATER DEPTH. TRADITIONAL AS WELL AS MORE OUT OF THE BOX TEACHING METHODS WILL BE UTILIZED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MISSION OF NORTHERN LIGHTS ACADEMY IS TO PROVIDE A QUALITY EDUCATION IN A PLACE STUDENTS CAN SAFELY LEARN AND GROW. LEARNING IS PARAMOUNT AT NORTHERN LIGHTS ACADEMY. FAMILIES ARE WELCOME AND EXPECTED TO PARTICIPATE IN THE LEARNING PROCESS OF THEIR CHILD. DUE TO SMALLER CLASS SIZE, THE VARIED AGES OF THE STUDENTS, AND THE LIKE-MINDED BEHAVIORAL AND ETHICAL EXPECTATIONS OF BOTH FAMILIES AND STAFF, THE STUDENTS WILL BE ABLE TO COVER ACADEMIC GROUND MORE QUICKLY AND IN GREATER DEPTH. TRADITIONAL AS WELL AS MORE OUT OF THE BOX TEACHING METHODS WILL BE UTILIZED.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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