Civic Intelligence

Arctic Circle Foundation Inc Us C/O Krista Amason

990EZ • Fiscal year 2024 • EIN 85-3363104

Jan 01, 2024 to Dec 31, 2024 • Filed on Apr 16, 2025

Organization ProfileSEE SCHEDULE O
1110 Guale Point SEDarien, GA 31305-4910

(703) 855-3608

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

4th percentile

-160%

Higher net margin than 4% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

87th percentile

$25,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 20.0% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

16th percentile

-34%

Faster asset growth than 16% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-35%

Faster revenue growth than 16% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$390,418

Down $199,799 (-34%) from 2023

Net Assets

Down

$390,418

Down $199,799 (-34%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin4th percentile

Revenue

Down

$125,000

Down $68,656 (-35%) from 2023

Expenses

Down

$324,799

Down $27,534 (-7.8%) from 2023

Net Income

Down

-$199,799

Down $41,122 (-26%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$800K$600K$400K$200K$0Assets 2021: $272,319Liabilities 2021: $500Net Assets 2021: $271,8192021Assets 2022: $748,894Liabilities 2022: $0Net Assets 2022: $748,8942022Assets 2023: $590,217Liabilities 2023: $0Net Assets 2023: $590,2172023Assets 2024: $390,418Liabilities 2024: $0Net Assets 2024: $390,4182024

Highlighted filing

2024

Assets$390,418
Liabilities$0
Net Assets$390,418
Open 2024 Filing

Operations Trend

Revenue Growth16th percentile

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

$1.0M$500K$0-$500KRevenue 2021: $450,000Expenses 2021: $178,181Net Income 2021: $271,8192021Revenue 2022: $920,000Expenses 2022: $442,925Net Income 2022: $477,0752022Revenue 2023: $193,656Expenses 2023: $352,333Net Income 2023: -$158,6772023Revenue 2024: $125,000Expenses 2024: $324,799Net Income 2024: -$199,7992024

Highlighted filing

2024

Revenue$125,000
Expenses$324,799
Net Income-$199,799
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 16, 2025
Return Version
2024v5.1
Gross Receipts
$125,000
Mission and Program Overview

Mission

To promote and support the arctic circle assembly and its international dialogue and cooperation regarding the future of the arctic and to contribute to the development and understanding of the polar regions, including scientific, cultural, artistic, environmental, educational and economic development for the people of the arctic and the sustainable development of the northern regions.

Program Services

DescriptionGrantsExpenses
PROVIDING SUPPORT TO AND MAKING GRANTS TO OR FOR THE BENEFIT OF ARCTIC CIRCLE FOUNDATION, WHICH IS AN ICELANDIC NOT-FOR-PROFIT ORGANIZATION WHOSE AIM IS TO CREATE A DEMOCRATIC FORUM FOR INTERNATIONAL DIALOGUE AND COLLABORATION ON ARCTIC ISSUES AND THEIR SIGNIFICANCE FOR THE FUTURE OF THE EARTH.$285,000$291,414
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KRISTA AMASONPresident/Director-$25,000-$25,000
FREDERIK PAULSENTreasurer/Director-$0--
PETER SELIGMANNSecretary/Director-$0--
OLAFUR GRIMSSONDirector-$0--
WARREN AMASONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Arctic Circle Foundation Inc US
EIN
85-3363104
Phone
7038553608
Address
1110 GUALE POINT SE, DARIEN, GA 31305-4910

Signing Officer

Name
Krista Amason
Title
President
Phone
7038553608
Signed
2025-04-16
Discuss with paid preparer
Yes

Preparer

Firm
Eag New England LLC
Address
160 FEDERAL STREET 9TH FLOOR, BOSTON, MA 02110
Preparer
Eugene Borgonzi
Phone
6172276161
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: program support. Grantee name: arctic circle foundation. Grantee address: menntavegur 1 reykjavik, iceland 102. Amount given: 285,000.”

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

“Description: bank charges & fees. Amount: 320. Description: office supplies. Amount: 750. Description: telephone. Amount: 654. Total to form 990-ez, line 16: 1,724.”

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

“Description: grants receivable. Beg. Of year amount: 26,828. End of year amount: 26,828.”

Form 990EZ, Item I - Website

“Https://www.arcticcircle.org/the-american-sister-organization-of-the-arc tic-circle”

Raw XML Appendix165 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum07038553608
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DARIEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0313054910
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IRS990EZ/GrossReceiptsAmt0125000
IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0590217
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0390418
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0390418
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt025000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KRISTA AMASON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1FREDERIK PAULSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PETER SELIGMANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3OLAFUR GRIMSSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4WARREN AMASON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt026828
IRS990EZ/OtherAssetsTotalDetail/EOYAmt026828
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01724
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE AND SUPPORT THE ARCTIC CIRCLE ASSEMBLY AND ITS INTERNATIONAL DIALOGUE AND COOPERATION REGARDING THE FUTURE OF THE ARCTIC AND TO CONTRIBUTE TO THE DEVELOPMENT AND UNDERSTANDING OF THE POLAR REGIONS, INCLUDING SCIENTIFIC, CULTURAL, ARTISTIC, ENVIRONMENTAL, EDUCATIONAL AND ECONOMIC DEVELOPMENT FOR THE PEOPLE OF THE ARCTIC AND THE SUSTAINABLE DEVELOPMENT OF THE NORTHERN REGIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING SUPPORT TO AND MAKING GRANTS TO OR FOR THE BENEFIT OF ARCTIC CIRCLE FOUNDATION, WHICH IS AN ICELANDIC NOT-FOR-PROFIT ORGANIZATION WHOSE AIM IS TO CREATE A DEMOCRATIC FORUM FOR INTERNATIONAL DIALOGUE AND COLLABORATION ON ARCTIC ISSUES AND THEIR SIGNIFICANCE FOR THE FUTURE OF THE EARTH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0285000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0291414
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt025000
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0DE
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0324799
IRS990EZ/TotalProgramServiceExpensesAmt0291414
IRS990EZ/TotalRevenueAmt0125000
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0SEE SCHEDULE O
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION WAS ORGANIZED ON APRIL 23,2020. THEREFORE, THE 2020 TAX YEAR WAS FOR THE SHORT PERIOD APRIL 23, 2020 TO DECEMBER 31, 2020.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0FORM 990, SCHEDULE A - PUBLIC SUPPORT SHORT YEAR
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0125000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0193656
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0920000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0450000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01688656
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0670092
IRS990ScheduleA/SubstantialContributorsTotAmt01018564
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0125000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0193656
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0920000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0450000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01688656
IRS990ScheduleA/TotalSupportAmt01688656
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: PROGRAM SUPPORT. GRANTEE NAME: ARCTIC CIRCLE FOUNDATION. GRANTEE ADDRESS: MENNTAVEGUR 1 REYKJAVIK, ICELAND 102. AMOUNT GIVEN: 285,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK CHARGES & FEES. AMOUNT: 320. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 750. DESCRIPTION: TELEPHONE. AMOUNT: 654. TOTAL TO FORM 990-EZ, LINE 16: 1,724.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: GRANTS RECEIVABLE. BEG. OF YEAR AMOUNT: 26,828. END OF YEAR AMOUNT: 26,828.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HTTPS://WWW.ARCTICCIRCLE.ORG/THE-AMERICAN-SISTER-ORGANIZATION-OF-THE-ARC TIC-CIRCLE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ, ITEM I - WEBSITE
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.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTA AMASON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07038553608
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARCTIC CIRCLE FOUNDATION INC US
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O KRISTA AMASON
ReturnHeader/Filer/BusinessNameControlTxt0ARCT
ReturnHeader/Filer/EIN0853363104
ReturnHeader/Filer/PhoneNum07038553608
ReturnHeader/Filer/USAddress/AddressLine1Txt01110 GUALE POINT SE
ReturnHeader/Filer/USAddress/CityNm0DARIEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd0313054910
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0992277914
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EAG NEW ENGLAND LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0160 FEDERAL STREET 9TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002110
ReturnHeader/PreparerPersonGrp/PhoneNum06172276161
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EUGENE BORGONZI
ReturnHeader/ReturnTs02025-04-17T09:26:35-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$390,418
Liabilities
$0
Net assets
$390,418
Revenue
$125,000
Expenses
$324,799
Net income
-$199,799
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.90$0.00$3.90$1.25$3.25$2.00
2023Detailed filing. Detailed filing data is available for this year.$5.90$0.00$5.90$1.94$3.52$1.59
2022Detailed filing. Detailed filing data is available for this year.$7.49$0.00$7.49$9.20$4.43$4.77
2021Detailed filing. Detailed filing data is available for this year.$2.72$0.01$2.72$4.50$1.78$2.72