Civic Intelligence

F5 Project

990 • Fiscal year 2023 • EIN 81-4658673

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 09, 2024

PO Box 509Fargo, ND 58107

(701) 412-1664

Siviq Scores

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

Liabilities / Assets

64th percentile

0.32x

Higher debt load relative to assets than 64% of similar nonprofits.

2023 filings • NTEE I • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

36th percentile

0.07x

Higher debt load relative to revenue than 36% of similar nonprofits.

2023 filings • NTEE I • $1M-$5M nonprofits • Source year 2023

Net Margin

76th percentile

14%

Higher net margin than 76% of similar nonprofits.

2023 filings • NTEE I • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

62nd percentile

$132,715

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2023 filings • NTEE I • $1M-$5M nonprofits • Source year 2023

Asset Growth

99th percentile

509%

Faster asset growth than 99% of similar nonprofits.

2023 filings • NTEE I • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

93rd percentile

78%

Faster revenue growth than 93% of similar nonprofits.

2023 filings • NTEE I • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$983,134

Up $821,621 (+509%) from 2022

Net Assets

Up

$672,806

Up $588,906 (+702%) from 2022

Liabilities

Up

$310,328

Up $232,715 (+300%) from 2022

Revenue

Up

$4,295,650

Up $1,878,593 (+78%) from 2022

Expenses

Up

$3,706,744

Up $1,268,128 (+52%) from 2022

Net Income

Up

$588,906

Up $610,465 (+2832%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2017: $33,206Liabilities 2017: $0Net Assets 2017: $33,2062017Assets 2018: $10,134Liabilities 2018: $0Net Assets 2018: $10,1342018Assets 2019: $68,001Liabilities 2019: $0Net Assets 2019: $68,0012019Assets 2020: $230,837Liabilities 2020: $0Net Assets 2020: $230,8372020Assets 2021: $140,645Liabilities 2021: $35,186Net Assets 2021: $105,4592021Assets 2022: $161,513Liabilities 2022: $77,613Net Assets 2022: $83,9002022Assets 2023: $983,134Liabilities 2023: $310,328Net Assets 2023: $672,8062023Assets 2024: $1,062,367Liabilities 2024: $1,316,433Net Assets 2024: -$254,0662024

Highlighted filing

2023

Assets$983,134
Liabilities$310,328
Net Assets$672,806

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2017: $165,379Expenses 2017: $132,940Net Income 2017: $32,4392017Revenue 2018: $379,734Expenses 2018: $402,806Net Income 2018: -$23,0722018Revenue 2019: $830,071Expenses 2019: $772,204Net Income 2019: $57,8672019Revenue 2020: $1,433,979Expenses 2020: $1,271,143Net Income 2020: $162,8362020Revenue 2021: $1,506,955Expenses 2021: $1,632,333Net Income 2021: -$125,3782021Revenue 2022: $2,417,057Expenses 2022: $2,438,616Net Income 2022: -$21,5592022Revenue 2023: $4,295,650Expenses 2023: $3,706,744Net Income 2023: $588,9062023Revenue 2024: $3,611,259Expenses 2024: $4,538,131Net Income 2024: -$926,8722024

Highlighted filing

2023

Revenue$4,295,650
Expenses$3,706,744
Net Income$588,906
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 9, 2024
Return Version
2023v5.1
Gross Receipts
$4,393,959
Mission and Program Overview

Mission

To help transition citizens from confinement to a new life through serving offenders in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$103,406$636,118▲ $532,712
Land, Buildings, and Equipment, Net$13,500$318,326▲ $304,826
Cash and Non-Interest-Bearing Accounts$43,682$16,206▼ $27,476
Prepaid Expenses and Deferred Charges-$0-
Total Assets$161,513$983,134▲ $821,621
Other Assets Total$925$12,484▲ $11,559
Liabilities
Mortgage Notes Payable Secured by Investment Property$75,261$291,848▲ $216,587
Accounts Payable and Accrued Expenses$2,352$18,480▲ $16,128
Deferred Revenue-$0-
Total Liabilities$77,613$310,328▲ $232,715
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$83,900$672,806▲ $588,906
Total Net Assets Fund Balance$83,900$672,806▲ $588,906
Total Liabilities and Net Assets / Fund Balance$161,513$983,134▲ $821,621

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$226,806$3,194$230,000
Equipment$91,520$21,453$112,973
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Adam MartinExecutive DirectorFT$128,769$3,946$132,715
Scott CollegeChief Programs OfficerFT$100,533$7,403$107,936
Camille WalkinCFO (started June 2023 )FT$49,615-$49,615

Board Members and Trustees

NameTitle
Mindi LarsonChair
Dan ColemanDirector
Jenna MuellerDirector
Shaun McnamaraDirector
Shawn GamradtDirector
Tracey ReamesDirector
William CromartyDirector
Jenna McpearsonSecretary
Kailey BoraasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$747,669
Program Service Revenue
$3,602,568
Investment Income
$-3,276
Other Revenue
$-51,311
All Other Contributions
$520,869
Change in Net Assets
$588,906
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,542,320
Other Expenses$1,164,424
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,438,185$693,765-$2,131,950
Occupancy$335,577$172,511-$508,088
Office Expenses$44,178$251,272-$295,450
Payroll Taxes$123,584$55,328-$178,912
Current Officers, Directors, Trustees, and Key Employees$123,780$49,551-$173,331
Travel$72,241$56,465-$128,706
Other Employee Benefits$15,151$42,976-$58,127
Conferences and Meetings$11,489$20,876-$32,365
Fees for Services Legal$11,998$17,664-$29,662
Advertising$1,033$18,291-$19,324
Fees for Services Other$12,141$4,022-$16,163
Depreciation Depletion$14,954--$14,954
Interest-$13,393-$13,393
Insurance$11,268--$11,268
Other Expenses$7,373--$7,373
Fees for Services Accounting-$2,080-$2,080
All Other Expenses$51$937-$988
Total Functional Expenses$2,307,613$1,399,131$0$3,706,744
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$89,421
Fundraising Gross Income$25,396
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Opportunity Gala$86,071$9,258$12,622$-3,364
Opportunity Ball$137,387$2,650$10,061$-7,411
Total Events$252,196$25,396$89,421$-64,025
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Executive director reviews as well as copies are provided to board for review and discussion in board meeting

Form 990, Part VI, Section B, Line 12C

Incoming board members complete a conflict of interest policy during orientation. All board members review their conflict of interest at the annual meeting.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
F5 Project
EIN
81-4658673
Phone
7014121664
Address
PO BOX 509, FARGO, ND 58107

Signing Officer

Name
Adam Martin
Title
Executive Director
Phone
7014121664
Signed
2024-09-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Martin
Formed
2016
Legal Domicile
Nd
Voting Board Members
9
Independent Board Members
9
Employees
85
Volunteers
15

Preparer

Firm
Brady Martz & Associates Pc
Address
2537 S UNIVERSITY DRIVE, FARGO, ND 58103
Preparer
Sara Lynch CPA
Phone
7012802100
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IRS990/Desc0F5 PROJECT IS COMMITTED TO ELIMINATING OVERDOSE, SUICIDE, AND CRIME THROUGH EMPOWERING RECOVERY, REDUCING RECIDIVISM, AND FIGHTING POVERTY. IN THE PAST YEAR, WE'VE BEEN ABLE TO SERVE INDIVIDUALS TRANSITIONING FROM INCARCERATION TO COMMUNITY WHILE ALSO EXPANDING OUR SERVICES TO PROVIDE COMMUNITY-BASED SUPPORT TO INDIVIDUALS SUFFERING FROM ADDICTION AND MENTAL ILLNESS.IN 2023 THE F5 PROJECT PROGRAM ACCOMPLISHMENTS WERE - -SERVED AN AVERAGE OF 560 PARTICIPANTS/MONTH TOTALING AT APPROXIMATELY 6,720 PARTICIPANTS-40+ INDIVIDUALS WERE INTERVIEWED FOR JOBS WITHIN THEIR LAST 90 DAYS OF JAIL, TO SECURE EMPLOYMENT BEFORE THEIR RELEASE DAY-103 INDIVIDUALS WERE HOUSED IN F5 PROJECT TRANSITIONAL LIVING HOUSES ACROSS THE REGION-7 F5 PROJECT HOUSES ARE OPEN ACROSS THE REGION IN MINOT, ND, BISMARCK, ND, FARGO, ND, MINOT, ND AND MOORHEAD, MN-OPENING OF AKISNI WARRIOR LODGE IN JAMES RIVER CORRECTIONAL CENTER
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015151
IRS990/OtherEmployeeBenefitsGrp/TotalAmt058127
IRS990/OtherExpensesGrp/Desc0FTR/GAP REIMBURSEMENT
IRS990/OtherExpensesGrp/Desc1CHARITABLE CONTRIBUTION
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3DRUG TESTING
IRS990/OtherExpensesGrp/ProgramServicesAmt062568
IRS990/OtherExpensesGrp/ProgramServicesAmt111593
IRS990/OtherExpensesGrp/ProgramServicesAmt210449
IRS990/OtherExpensesGrp/ProgramServicesAmt37373
IRS990/OtherExpensesGrp/TotalAmt062568
IRS990/OtherExpensesGrp/TotalAmt111593
IRS990/OtherExpensesGrp/TotalAmt210449
IRS990/OtherExpensesGrp/TotalAmt37373
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt06514
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06514
IRS990/OtherRevenueTotalAmt06514
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0693765
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01438185
IRS990/OtherSalariesAndWagesGrp/TotalAmt02131950
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt055328
IRS990/PayrollTaxesGrp/ProgramServicesAmt0123584
IRS990/PayrollTaxesGrp/TotalAmt0178912
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ADAM MARTIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CARE COORDINATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03602568
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03602568
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0521649
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt022
IRS990/PYOtherExpensesAmt0672709
IRS990/PYOtherRevenueAmt047908
IRS990/PYProgramServiceRevenueAmt01847478
IRS990/PYRevenuesLessExpensesAmt0-21559
IRS990/PYSalariesCompEmpBnftPaidAmt01765907
IRS990/PYTotalExpensesAmt02438616
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02417057
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0588906
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt06200
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03602568
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0103406
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0636118
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0747669
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0521649
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0388050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0472609
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0331154
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02461131
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt010812
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt012322
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt095669
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt078902
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0143082
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0340787
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03602568
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01847478
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0972091
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0785026
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0355790
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07562953
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt010812
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt046299
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0105007
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt090461
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0143082
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0395661
IRS990ScheduleA/InvestmentIncomeCYPct00.03790
IRS990ScheduleA/InvestmentIncomePYPct00.05960
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt06514
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01631
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt08320
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt045
IRS990ScheduleA/OtherIncome509Grp/TotalAmt016510
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus1YearAmt033977
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus2YearsAmt09338
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus3YearsAmt011559
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt054874
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96050
IRS990ScheduleA/PublicSupportPY509Pct00.89220
IRS990ScheduleA/PublicSupportTotal509Amt010024084
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04350237
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02369127
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01360141
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01257635
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0686944
IRS990ScheduleA/Total509Grp/TotalAmt010024084
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04367563
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02417057
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01465148
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01356416
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0830071
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt010436255
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0226806
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03194
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0230000
IRS990ScheduleD/EquipmentGrp/BookValueAmt091520
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021453
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0112973
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0318326
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0226800
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0134737
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt076813
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt015250
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt089421
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt03914
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt06861
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt010775
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0OPPORTUNITY BALL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0OPPORTUNITY GALA

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