Civic Intelligence

Northern Lights Academy Inc

990EZ • Fiscal year 2016 • EIN 26-4334597

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 04, 2017

181 Carlyle WayFairbanks, AK 99709

(907) 458-1040

Siviq Scores

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

Liabilities / Assets

91st percentile

0.68x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

0.19x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

77th percentile

$3,500

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

70th percentile

18%

Faster asset growth than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

58th percentile

5.9%

Faster revenue growth than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$13,936

Up $2,108 (+18%) from 2015

Net Assets

Up

$4,455

Up $6,265 (+346%) from 2015

Liabilities

Down

$9,481

Down $4,157 (-30%) from 2015

Revenue

Up

$49,094

Up $2,731 (+5.9%) from 2015

Expenses

Down

$42,828

Down $4,680 (-9.9%) from 2015

Net Income

Up

$6,266

Up $7,411 (+647%) from 2015

Historical Trend

Balance Sheet Trend

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

$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

2016

Assets$13,936
Liabilities$9,481
Net Assets$4,455

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$49,094
Expenses$42,828
Net Income$6,266
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 4, 2017
Return Version
2015v3.0
Gross Receipts
$52,392
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.-$37,811
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANICE TRUMBULLPresidentPT$3,500-$3,500
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
2017-02-04

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

Miscellaneous income 870 total 870

Form 990-ez, Part I, Line 16

Raffle tickets taxes/licenses 20 expenses 2,841 340 liability 3,951 workers comp 287 scholarship awarded 1,925 credit card fees 120 license & fees 125 cleaning services & suppl 675 equipment rental & mainte 396 communication expense 1,720 testing material 110 mileage reimbursement 1,746 website 62 uniform expense 380 non-investment depreciation 588 total 15,286

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 426 325 2,100 3,931 less accumulated depreciation 779 1,367 total 1,747 2,889

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,064 1,406 unsecured notes and loans payable 12,575 8,075

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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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLISHED ON THE NORTHERN LIGHTS ACADEMY WEB PAGE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS INCOME 870 TOTAL 870
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RAFFLE TICKETS TAXES/LICENSES 20 EXPENSES 2,841 340 LIABILITY 3,951 WORKERS COMP 287 SCHOLARSHIP AWARDED 1,925 CREDIT CARD FEES 120 LICENSE & FEES 125 CLEANING SERVICES & SUPPL 675 EQUIPMENT RENTAL & MAINTE 396 COMMUNICATION EXPENSE 1,720 TESTING MATERIAL 110 MILEAGE REIMBURSEMENT 1,746 WEBSITE 62 UNIFORM EXPENSE 380 NON-INVESTMENT DEPRECIATION 588 TOTAL 15,286
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREPAID EXPENSES AND DEFERRED CHARGES 426 325 2,100 3,931 LESS ACCUMULATED DEPRECIATION 779 1,367 TOTAL 1,747 2,889
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,064 1,406 UNSECURED NOTES AND LOANS PAYABLE 12,575 8,075
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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0VIRGINIA FARMIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTHERN LIGHTS ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0264334597
ReturnHeader/Filer/USAddress/AddressLine1Txt0181 CARLYLE WAY
ReturnHeader/Filer/USAddress/CityNm0FAIRBANKS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AK
ReturnHeader/Filer/USAddress/ZIPCd099709
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202869299
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TRUE NORTH BUSINESS SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01201 9TH AVE STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAIRBANKS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd099701
ReturnHeader/PreparerPersonGrp/PhoneNum09074581040
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VIRGINIA N FARMIER CPA ARA
ReturnHeader/ReturnTs02017-02-10T20:25:24-09:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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