Full Circle Academy Inc (EIN 851015778) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

Rachel Haman

Phone

7014780221

Tax Period

2024-01-01 to 2024-12-31

Full Circle Academy Inc, founded in 2020, is a small nonprofit in the Education sector that reported $619K in total revenue in fiscal year 2024. Revenue surged 152% from the prior year, signaling strong growth momentum. Expenses of $539K left a modest 13% surplus.

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $113,941

Program Service Revenue $492,318

Investment Income $24

Other Revenue $12,701

TOTAL REVENUE $618,984

Expense Breakdown

Grants Paid $120,470

Salaries & Benefits $126,737

Fundraising Expenses $651

Program Expenses $524,708

Other Expenses $291,765

TOTAL EXPENSES $538,972

Year-over-Year Comparison

	2024	2023	Change
Revenue	$618,984	$246,044	+1.5%
Expenses	$538,972	$262,472	+1.1%
Net Income	$80,012	$-16,428	-5.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$86,337

Total Directors

$153,840

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Samantha Bachmeier	Chairman	0.10	Officer Director	$0	$0	$0
Linzey Erickson	Secretary	0.10	Officer Director	$0	$0	$0
Rachel Haman	Treasurer	2.00	Officer Director	$0	$2,291	$86,337
Jaclyn Martinson	Director	0.10	Director	$0	$6,337	$67,503

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$618,984	$538,972	$114,615	$80,012
2023	$246,044	$262,472	$63,999	$-16,428

Full Circle Academy Inc