Civic Intelligence

Full Circle Academy Inc.

990EZ • Fiscal year 2022 • EIN 85-1015778

Jan 01, 2022 to Dec 31, 2022 • Filed on May 01, 2023

4725 Amber Valley Pkwy Ste BFargo, ND 58104

(701) 478-0221

Siviq Scores

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

Liabilities / Assets

99th percentile

4.10x

Higher debt load relative to assets than 99% of similar nonprofits.

2022 filings • NTEE B • <$500k nonprofits • Source year 2022

Liabilities / Revenue

93rd percentile

0.56x

Higher debt load relative to revenue than 93% of similar nonprofits.

2022 filings • NTEE B • <$500k nonprofits • Source year 2022

Net Margin

28th percentile

-7.8%

Higher net margin than 28% of similar nonprofits.

2022 filings • NTEE B • <$500k nonprofits • Source year 2022

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE B • <$500k nonprofits • Source year 2022

Asset Growth

77th percentile

31%

Faster asset growth than 77% of similar nonprofits.

2022 filings • NTEE B • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

31st percentile

-7.7%

Faster revenue growth than 31% of similar nonprofits.

2022 filings • NTEE B • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$16,962

Up $4,019 (+31%) from 2021

Net Assets

Down

-$52,573

Down $9,709 (-23%) from 2021

Liabilities

Up

$69,535

Up $13,728 (+25%) from 2021

Revenue

Down

$125,110

Down $10,426 (-7.7%) from 2021

Expenses

Down

$134,819

Down $22,109 (-14%) from 2021

Net Income

Up

-$9,709

Up $11,683 (+55%) from 2021

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100KAssets 2021: $12,943Liabilities 2021: $55,807Net Assets 2021: -$42,8642021Assets 2022: $16,962Liabilities 2022: $69,535Net Assets 2022: -$52,5732022Assets 2023: $63,999Liabilities 2023: $133,000Net Assets 2023: -$69,0012023Assets 2024: $114,615Liabilities 2024: $103,604Net Assets 2024: $11,0112024

Highlighted filing

2022

Assets$16,962
Liabilities$69,535
Net Assets-$52,573

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2021: $135,536Expenses 2021: $156,928Net Income 2021: -$21,3922021Revenue 2022: $125,110Expenses 2022: $134,819Net Income 2022: -$9,7092022Revenue 2023: $246,044Expenses 2023: $262,472Net Income 2023: -$16,4282023Revenue 2024: $618,984Expenses 2024: $538,972Net Income 2024: $80,0122024

Highlighted filing

2022

Revenue$125,110
Expenses$134,819
Net Income-$9,709
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 1, 2023
Return Version
2022v5.0
Gross Receipts
$134,395
Mission and Program Overview

Mission

To create an educational program that is personalized, collaborative, and purposeful - all designed to respond to a child's unique needs and guide them forward to more progress, behavioral control, and independency.

Program Services

DescriptionGrantsExpenses
Full Circle Academy (FCA) works to empower our students and their families to achieve lasting, positive, change in each of their lives: socially, emotionally, physically, and intellectually. During the 2021-22 school year, FCA had 4 students enrolled with the academy. Of those 4 students, three of them transitioned back to the public school system and were successful in their special education programs.$0$127,705
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Samantha BachmeierChairman-$0--
Rod BachmeierTreasurer (Until 9/30/22)-$0--
Linzey EricksonSecretary-$0--
Jaclyn MartinsonOfficer-$0--
Rachel HamanOfficer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$15,043$4,352$404$3,948
Total Events$15,043$4,352$9,285$-4,933
Filing and Contact Details

Filer

Filer Name
Full Circle Academy Inc
EIN
85-1015778
Phone
7014780221
Address
4725 Amber Valley Pkwy Ste B, Fargo, ND 58104

Signing Officer

Name
Rachel Haman
Title
Officer
Phone
7014780221
Signed
2023-05-01
Discuss with paid preparer
Yes

Preparer

Firm
Eide Bailly LLP
Address
1730 Burnt Boat Loop Ste 100, Bismarck, ND 58503-0886
Preparer
Lisa Chaffee CPA
Phone
7012551091
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Advertising & Marketing. Amount: 88. Description: Insurance. Amount: 1,540. Description: Interest Paid. Amount: 2,694. Description: Job Supplies. Amount: 101. Description: Office Supplies & Software. Amount: 630. Description: Taxes & Licenses. Amount: 10. Description: Bank Charges & Fees. Amount: 592. Total to Form 990-EZ, line 16: 5,655.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: Accounts Receivable. Beg. of Year Amount: 0. End of Year Amount: 6,438.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: Accrued Interest Payable. Beg. of Year Amount: 4,172. End of Year Amount: 6,866. Description: Due To Clinic. Beg. of Year Amount: 51,635. End of Year Amount: 56,549. Description: Accounts Payable. Beg. of Year Amount: 0. End of Year Amount: 6,120.

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/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Officer
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IRS990EZ/OperateHospitalInd00
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Full Circle Academy publicizes its racially nondiscriminatory policy on its website at the bottom of the Admissions section.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Advertising & Marketing. Amount: 88. Description: Insurance. Amount: 1,540. Description: Interest Paid. Amount: 2,694. Description: Job Supplies. Amount: 101. Description: Office Supplies & Software. Amount: 630. Description: Taxes & Licenses. Amount: 10. Description: Bank Charges & Fees. Amount: 592. Total to Form 990-EZ, line 16: 5,655.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Accounts Receivable. Beg. of Year Amount: 0. End of Year Amount: 6,438.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Accrued Interest Payable. Beg. of Year Amount: 4,172. End of Year Amount: 6,866. Description: Due To Clinic. Beg. of Year Amount: 51,635. End of Year Amount: 56,549. Description: Accounts Payable. Beg. of Year Amount: 0. End of Year Amount: 6,120.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
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ReturnHeader/Filer/EIN0851015778
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lisa Chaffee CPA
ReturnHeader/ReturnTs02023-05-01T15:38:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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