Civic Intelligence

Montana Cooperative Development Center Inc.

990 • Fiscal year 2015 • EIN 20-0436490

Oct 01, 2014 to Sep 30, 2015 • Filed on Jan 04, 2016

PO Box 3027Great Falls, MT 59403

(406) 727-1517

Siviq Scores

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

Liabilities / Assets

81st percentile

0.17x

Higher debt load relative to assets than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

88th percentile

0.24x

Higher debt load relative to revenue than 88% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

55th percentile

5.4%

Higher net margin than 55% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

98th percentile

$87,412

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 28.9% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

29th percentile

-10%

Faster asset growth than 29% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

35th percentile

-8.8%

Faster revenue growth than 35% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$433,471

Down $48,426 (-10%) from 2014

Net Assets

Down

$360,237

Down $91,562 (-20%) from 2014

Liabilities

Up

$73,234

Up $43,136 (+143%) from 2014

Revenue

Down

$302,962

Down $29,338 (-8.8%) from 2014

Expenses

Up

$286,715

Up $12,587 (+4.6%) from 2014

Net Income

Down

$16,247

Down $41,925 (-72%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $288,832Liabilities 2010: $56,489Net Assets 2010: $232,3432010Assets 2011: $342,224Liabilities 2011: $29,914Net Assets 2011: $312,3102011Assets 2012: $366,991Liabilities 2012: $26,949Net Assets 2012: $340,0422012Assets 2013: $419,025Liabilities 2013: $30,400Net Assets 2013: $388,6252013Assets 2014: $481,897Liabilities 2014: $30,098Net Assets 2014: $451,7992014Assets 2015: $433,471Liabilities 2015: $73,234Net Assets 2015: $360,2372015Assets 2016: $350,517Liabilities 2016: $37,594Net Assets 2016: $312,9232016Assets 2017: $435,984Liabilities 2017: $141,048Net Assets 2017: $294,9362017Assets 2018: $328,586Liabilities 2018: $65,202Net Assets 2018: $263,3842018Assets 2019: $351,931Liabilities 2019: $169,548Net Assets 2019: $182,3832019Assets 2020: $314,530Liabilities 2020: $95,078Net Assets 2020: $219,4522020Assets 2021: $357,457Liabilities 2021: $131,893Net Assets 2021: $225,5642021Assets 2022: $342,845Liabilities 2022: $138,035Net Assets 2022: $204,8102022Assets 2023: $359,452Liabilities 2023: $241,612Net Assets 2023: $117,8402023Assets 2024: $249,838Liabilities 2024: $88,162Net Assets 2024: $161,6762024

Highlighted filing

2015

Assets$433,471
Liabilities$73,234
Net Assets$360,237

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $249,8372010Revenue 2011: $376,903Expenses 2011: $296,936Net Income 2011: $79,9672011Expenses 2012: $301,7862012Expenses 2013: $253,9402013Revenue 2014: $332,300Expenses 2014: $274,128Net Income 2014: $58,1722014Revenue 2015: $302,962Expenses 2015: $286,715Net Income 2015: $16,2472015Revenue 2016: $340,221Expenses 2016: $403,922Net Income 2016: -$63,7012016Revenue 2017: $387,671Expenses 2017: $401,578Net Income 2017: -$13,9072017Revenue 2018: $383,557Expenses 2018: $409,276Net Income 2018: -$25,7192018Revenue 2019: $473,457Expenses 2019: $538,343Net Income 2019: -$64,8862019Revenue 2020: $468,406Expenses 2020: $434,121Net Income 2020: $34,2852020Revenue 2021: $497,645Expenses 2021: $497,917Net Income 2021: -$2722021Revenue 2022: $676,929Expenses 2022: $685,347Net Income 2022: -$8,4182022Revenue 2023: $677,678Expenses 2023: $731,062Net Income 2023: -$53,3842023Revenue 2024: $763,207Expenses 2024: $724,453Net Income 2024: $38,7542024

Highlighted filing

2015

Revenue$302,962
Expenses$286,715
Net Income$16,247
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Jan 4, 2016
Return Version
2014v6.0
Gross Receipts
$422,976
Mission and Program Overview

Mission

To promote and develop cooperatives

To promote and develop cooperatives to meet the economic needs and community needs of rural Montana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$256,318$242,434▼ $13,884
Investments in Publicly Traded Securities$127,395$129,450▲ $2,055
Cash and Non-Interest-Bearing Accounts$33,022$23,824▼ $9,198
Pledges and Grants Receivable$43,612$23,681▼ $19,931
Land, Buildings, and Equipment, Net$9,650$7,082▼ $2,568
Prepaid Expenses and Deferred Charges$11,900$7,000▼ $4,900
Total Assets$481,897$433,471▼ $48,426
Liabilities
Other Liabilities$74,324$62,840▼ $11,484
Accounts Payable and Accrued Expenses$774$10,394▲ $9,620
Total Liabilities$75,098$73,234▼ $1,864
Net Assets / Fund Balance
Unrestricted Net Assets$406,799$360,237▼ $46,562
Total Net Assets Fund Balance$406,799$360,237▼ $46,562
Total Liabilities and Net Assets / Fund Balance$481,897$433,471▼ $48,426

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,165$49,188$55,353
Leasehold Improvements$917$927$1,844
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian GionFormer Exec. DirectorFT$77,451$9,961$87,412
Sandra FermoFormer Exec. DirectorFT$9,167$1,038$10,205

Board Members and Trustees

NameTitle
Rich OwenPresident
Art KleinjanVice President
Bonnie LorangBoard Member
Gary GundersonBoard Member
Geoff FeissBoard Member
Greg JergesonBoard Member
Mary Ann MurrayBoard Member
Paul TussBoard Member
Ryan HallBoard Member
Janice BrownExec. Director
Alan MerrillSecretary
Scott MorrisonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$268,209
Program Service Revenue
$22,272
Investment Income
$10,502
Other Revenue
$1,979
All Other Contributions
$20,000
Change in Net Assets
$16,247
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$157,397
Salaries, Compensation, and Employee Benefits$129,318
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$61,120$11,760$0$72,880
Current Officers, Directors, Trustees, and Key Employees$34,009$7,500$0$41,509
Occupancy$20,714$0$0$20,714
Advertising$19,587$0$0$19,587
Travel$16,101$510$0$16,611
Payroll Taxes$8,334$2,340$0$10,674
All Other Expenses$5,498$0$0$5,498
Depreciation Depletion$2,474$2,568$0$5,042
Pension Plan Contributions$4,255$0$0$4,255
Other Expenses$4,220$0$0$4,220
Office Expenses$3,349$21$0$3,370
Conferences and Meetings$3,149$138$0$3,287
Insurance$1,635$0$0$1,635
Total Functional Expenses$256,705$30,010$0$286,715
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to CHS Foundation$45,000
Accrued Compensated Absences$15,488
Accrued Payroll Liabilities$2,352
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Montana Cooperative Development Ctr Inc
EIN
20-0436490
Phone
4067271517
Address
PO Box 3027, Great Falls, MT 59403

Signing Officer

Name
Janice Brown
Title
Executive Director
Phone
4067271517
Signed
2016-01-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janice Brown
Formed
2003
Legal Domicile
Mt
Voting Board Members
11
Independent Board Members
11
Employees
2
Volunteers
0

Preparer

Firm
Mcguire & Associates
Address
300 N Willson Ste 3008, Bozeman, MT 59715-6050
Preparer
Jacqueline Mcguire
Phone
4065873333
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

There is an electronic review by officers.

Pt XI

A prior tax return over-reported a State Appropriation of

Pt XI

$65,000. This adjustment will correctly match the income

Pt XI

to the correct time period.

Form 990, Part IX, Line 24F

Miscellaneous 498. 498. Moving reimbursement 5000. 5000.

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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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IRS990/OtherExpensesGrp/Desc3Membership/Licensing & Fees
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2173
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt062386
IRS990/OtherExpensesGrp/ProgramServicesAmt14131
IRS990/OtherExpensesGrp/ProgramServicesAmt25743
IRS990/OtherExpensesGrp/ProgramServicesAmt34220
IRS990/OtherExpensesGrp/TotalAmt067386
IRS990/OtherExpensesGrp/TotalAmt14131
IRS990/OtherExpensesGrp/TotalAmt25916
IRS990/OtherExpensesGrp/TotalAmt34220
IRS990/OtherLiabilitiesGrp/BOYAmt074324
IRS990/OtherLiabilitiesGrp/EOYAmt062840
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Income
IRS990/OtherRevenueMiscGrp/Desc1General Fund Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0952
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11027
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0952
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11027
IRS990/OtherRevenueTotalAmt01979
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011760
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt061120
IRS990/OtherSalariesAndWagesGrp/TotalAmt072880
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02340
IRS990/PayrollTaxesGrp/ProgramServicesAmt08334
IRS990/PayrollTaxesGrp/TotalAmt010674
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04255
IRS990/PensionPlanContributionsGrp/TotalAmt04255
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt043612
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt023681
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011900
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07000
IRS990/PrincipalOfficerNm0JANICE BROWN
IRS990/PriorPeriodAdjustmentsAmt0-65000
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Management Fee MCOC
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022272
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0281500
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03328
IRS990/PYOtherExpensesAmt0112773
IRS990/PYOtherRevenueAmt032472
IRS990/PYRevenuesLessExpensesAmt043172
IRS990/PYSalariesCompEmpBnftPaidAmt0161355
IRS990/PYTotalExpensesAmt0274128
IRS990/PYTotalRevenueAmt0317300
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt016247
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt034753
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0256318
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0242434
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Fundraising Ticket Sales 2010: 0. 2011: 2030. 2012: 3235. 2013: 2780. 2014: 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0268209
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0281500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0265500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0297500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0338398
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01451107
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010502
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03328
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01115
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0674
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt016641
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt024251
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02780
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03235
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02030
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08045
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98330
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99080
IRS990ScheduleA/PublicSupportTotal170Amt01451107
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0268209
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0281500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0265500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0297500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0338398
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01451107
IRS990ScheduleA/TotalSupportAmt01475793
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt06165
IRS990ScheduleD/EquipmentGrp/DepreciationAmt049188
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt055353
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0917
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0927
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01844
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02352
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115488
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt245000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Payroll Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued Compensated Absences
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Due to CHS Foundation
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07082
IRS990ScheduleD/TotalLiabilityAmt062840
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There is an electronic review by officers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A prior tax return over-reported a State Appropriation of
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2$65,000. This adjustment will correctly match the income
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3to the correct time period.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MISCELLANEOUS 498. 498. MOVING REIMBURSEMENT 5000. 5000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24f
IRS990ScheduleR/AssetExchangeInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.50$0.88$1.62$7.63$7.24$0.39
2023Detailed filing. Detailed filing data is available for this year.$3.59$2.42$1.18$6.78$7.31$0.53
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.43$1.38$2.05$6.77$6.85$0.08
2021Detailed filing. Detailed filing data is available for this year.$3.57$1.32$2.26$4.98$4.98$0.00
2020Detailed filing. Detailed filing data is available for this year.$3.15$0.95$2.19$4.68$4.34$0.34
2019Detailed filing. Detailed filing data is available for this year.$3.52$1.70$1.82$4.73$5.38$0.65
2018Detailed filing. Detailed filing data is available for this year.$3.29$0.65$2.63$3.84$4.09$0.26
2017Detailed filing. Detailed filing data is available for this year.$4.36$1.41$2.95$3.88$4.02$0.14
2016Detailed filing. Detailed filing data is available for this year.$3.51$0.38$3.13$3.40$4.04$0.64
2015Detailed filing. Detailed filing data is available for this year.$4.33$0.73$3.60$3.03$2.87$0.16
2014Detailed filing. Detailed filing data is available for this year.$4.82$0.30$4.52$3.32$2.74$0.58
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.19$0.30$3.89$2.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.67$0.27$3.40$3.02
2011Summary only. Only limited summary data is available for this year.$3.42$0.30$3.12$3.77$2.97$0.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$0.56$2.32$2.50