2021-10-07T19:33:09Z 2020-12-31 990EZ 2020-01-01 010967384 Functional Health Inc FUNC 4049412000 455 E Paces Ferry Rd NE Suite 201 Atlanta GA 30305 Steve Clark Financial Officer 6784627555 2021-10-07 true Steve Clark 6784627555 2021-10-07 2020 2022-09-23 18:48:47Z X X http://functionalhealth.net/ X X 65702 X 14100 48507 0 0 0 0 0 0 0 0 0 0 0 0 3095 65702 0 0 55924 6028 10148 958 0 73058 -7356 -257411 0 -264767 X 1514 3404 0 0 0 5000 1514 8404 258925 273171 -257411 -264767 Due to the covid-19 pandemic, Functional Health suspended working with immune compromised patients such as those with multiple sclerosis. This dramatically decreased our CCSVI evaluations and shifted much of our focus to health related consultation services. Diagnostic Testing 0 16982 Consultation Services 0 50948 67930 Henry Jacobs Director 5 0 0 0 Steven R Clark Chief Fiancial Officer 5 0 0 0 false false false false false 0 false true 166026 0 0 0 false 0 0 false GA Steve Clark 455 E Paces Ferry Rd NE Suite 201 Atlanta GA 30305 4049412000 false false false false false false false false false false false NONE 0 NONE 0 true X Henry Jacobs Director / Officer Operations X 47000 166026 false true true 166026 Part II, Line 24 Cadence Bank Operating Account - Patient and Other Service Income are Deposited into this account. Payments of expenses including payroll are debited from this account. Accounts Receivable - U.S. Treasury ERTC Calculated as 5,000.00 and Claimed on 4th Q 2020 IRS F941. - Subsequently realized in 2021 as residual credit due as calculated and presented on 4th Q 2020 IRS F941. - S. Clark Part II, Line 26 Accounts Payable to Wellness Learning Center totaling 92,722 as of 12/31/2020 Payroll Liabilities to Federal and State Agencies totaling 1,321.00 as of 12/31/2020 1st Draw PPP Loan Outstanding of 13,102.00 as of 12/31/2020 Loan from Henry Jacobs of 166,026.00 as of 12/31/2020 Part I, Line 8 Other Revenue Description - Total HHS Stimulus payments received in 2020 presented here as Other Revenue per proper non-profit accounting treatment of such funding. Part I, Line 16 Contra Employee Wage Expense created from booking calculated and claimed ERTC due from U.S. Treasury as detailed on IRS F941 4th Q 2020. The only EFTPS remitted payment for Payroll Liabilities that was not paid through EFTPS , rather presented as a credit on IRS F941 4th Q was the total federal payroll tax and withholding liability accrued related to December 2020 payroll activity. The accounts receivable account presented at year end 12/31/2020 on the balance sheet as 5,000.00 was credited for the total EFTPS federal payroll tax liability for December 2020 payroll on January 15th 2021 for 997.69 - The remainder of the receivable due from U.S. Treasury was cleared with receipt of U.S. Treasury check for total amount of 4,052.96 as remaining ERTC credit due including accounted interest.