Full Circle Academy Inc

Nonprofit profile at a glance

EIN
851015778
IRS 990 coverage
2023–2025
Forms available
Form 990 2025, Form 990-EZ 2022
Location
Fargo, ND, USA
Phone
7014780221
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Specialized Education Institutions

Official website

Reported finances

Revenue
$864,369
Expenses
$700,768
Assets
$176,020
Liabilities
$1,408

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Highest reported compensation

  • Rachel Haman (Treasurer): $82,883 total reported compensation
  • Britney Bachmeier (Administrator): $82,741 total reported compensation
  • Jaclyn Martinson (Director): $73,897 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To empower our students and their families to achieve lasting, positive change in each of their lives: socially, emotionally, physically, and intellectually.

What it reported doing in 2025

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 2024-2025 school year, FCA started with 6 students enrolled. 3 being placed privately with parents on full days, 2 through the school district on full days, and 1 student on a one-hour day through the school district. FCA had no school suspensions causing a reduction of learning time.For the 2025-2026 school year, FCA started with 8 students enrolled. 2 being placed privately with parents on full days, 5 through the school district on full days, and 1 student on a half day through the school district. At this time, FCA has had no school suspensions causing a reduction of learning time.

Operating model

Revenue model
Earned-program. 69% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 84% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 94
  • Accountability: 40
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.9%; rating input score 68
  • Program expense ratio: 83.8%; rating input score 84
  • Fundraising efficiency: $5.37 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 14th percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Limited
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 18.9%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 2.7%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: 36.5% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 55.9% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 56.8% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 67.9% of revenue deployed · 83.8% of spending went to programs
  • Governance: 2 of 4 board members independent · 2 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $587K in reported program spending
  • Leadership: top reported pay $83K · 5 people listed
  • Highest-paid contractors: 1 contractor listed · $408K reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 9 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 5 of 7 not reported.
  • Review — Accountability: Independent voting board scored 50/100.
  • High — Financial Efficiency: Fundraising efficiency scored 17/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • Review — Sustainability: Officer compensation ratio scored 54/100.