Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.33x
Liabilities / Revenue
79th percentile
Higher debt load relative to revenue than 79% of similar nonprofits.
Net Margin
25th percentile
Higher net margin than 25% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
34th percentile
Faster revenue growth than 34% of similar nonprofits.
Balance Sheet
Assets
Down$36,906
Down $7,155 (-16%) from 2017
Net Assets
Down$24,655
Down $16,670 (-40%) from 2017
Liabilities
Up$12,251
Up $9,515 (+348%) from 2017
Revenue And Expenses
Revenue
Down$190,778
Down $20,211 (-9.6%) from 2017
Expenses
Down$207,448
Down $29,701 (-13%) from 2017
Net Income
Up-$16,670
Up $9,490 (+36%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- May 3, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $190,778
Mission and Program Overview
Mission
The Folk School, in keeping with a 200-year-old tradition, is dedicated to enriching lives and building community by passing on skills and personal knowledge in a nurturing environment. The Folk School provides year-round, affordable programs in a variety of hands-on disciplines
To enrich lives and build community
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Maintaining a non-competitive nurturing multigenerational educational model that fosters the use of indigenous materials and provides unique learning opportunities | - | $11,113 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Gordon Williams | President | PT | $0 | - | - |
| Michael Whalen | Vice President | - | $0 | - | - |
| Randall Rozier | Secretary | - | $0 | - | - |
| Douglas Bishop | Treasurer | - | $0 | - | - |
| Bruce Campbell | Board Member | - | $0 | - | - |
| Rachel Plumlee | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Folk School
- EIN
- 45-2974643
- Address
- PO Box 83572, Fairbanks, AK 99708
Signing Officer
- Name
- Douglas Bishop
- Title
- Treasurer
- Phone
- 9074571219
- Signed
- 2019-05-03
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Norbu Accounting Services LLC
- Address
- 3445 Wolf Run, Fairbanks, AK 99709
- Preparer
- Vicki Stegall EA
- Phone
- 9079788447
Supplemental Narrative
Additional Explanations
Description of other revenue Part I line 8
“Description AmountSpace Rental 500”
Description of other expenses Part I line 16
“Description AmountDepreciation from 4562 389Advertising and Promotion 6,054Tools and Equipment 1,710Event Fees 150Bank and Credit Card Fees 4,095Insurance 12,522Dues & Subscriptions 50Licenses & Permits 1,105Misc expenses 1,962Payroll Taxes 3,760Office Supplies 1,186Software & Online Services 1,440Travel & Meetings 21,000Program Materials 11,113”
Description of other assets Part II line 24
“Category Beginning of Year End of YearAccounts Receivable 294 0Prepaid Expenses 4,774 4,504Undeposited Funds 0 787Security Deposit Paid 120 120Fixed Assets 1,059 670”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearFolkBucks 1,695 2,140Payroll Tax Liabilities 1,037 0Unearned Income 4 10,111”
Raw XML Appendix190 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/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To enrich lives and build community |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 800 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 104385 |
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| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
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| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | AK |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
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| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 12251 |
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| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
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| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 771822 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountSpace Rental 500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountDepreciation from 4562 389Advertising and Promotion 6,054Tools and Equipment 1,710Event Fees 150Bank and Credit Card Fees 4,095Insurance 12,522Dues & Subscriptions 50Licenses & Permits 1,105Misc expenses 1,962Payroll Taxes 3,760Office Supplies 1,186Software & Online Services 1,440Travel & Meetings 21,000Program Materials 11,113 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearAccounts Receivable 294 0Prepaid Expenses 4,774 4,504Undeposited Funds 0 787Security Deposit Paid 120 120Fixed Assets 1,059 670 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearFolkBucks 1,695 2,140Payroll Tax Liabilities 1,037 0Unearned Income 4 10,111 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Douglas Bishop |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-05-03 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FOLK |
| ReturnHeader/Filer/EIN | 0 | 452974643 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 83572 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Fairbanks |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AK |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 99708 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 9D28C8774C8DB95A6D8603DF123F1E6201117EDF |
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| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt | 0 | 2019-05-10 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 24.237.36.139 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-05-10 |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 18:42:28 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 461438687 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Norbu Accounting Services LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3445 Wolf Run |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Fairbanks |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 99709 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9079788447 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-05-10 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Vicki Stegall EA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2019-05-10T18:40:46-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $36,906
- Liabilities
- $12,251
- Net assets
- $24,655
- Revenue
- $190,778
- Expenses
- $207,448
- Net income
- -$16,670