Civic Intelligence

Northern Lights Athletics Scholarship Foundation

990 • Fiscal year 2022 • EIN 20-0968414

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

PO Box 807Havre, MT 59501

(406) 262-8893

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Higher debt load relative to assets than 33% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

33rd percentile

0.00x

Higher debt load relative to revenue than 33% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

33rd percentile

-1.8%

Higher net margin than 33% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

41st percentile

-1.2%

Faster asset growth than 41% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

25th percentile

-12%

Faster revenue growth than 25% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$507,707

Down $6,059 (-1.2%) from 2021

Net Assets

Down

$507,521

Down $4,925 (-1.0%) from 2021

Liabilities

Down

$186

Down $1,134 (-86%) from 2021

Revenue

Down

$269,580

Down $37,511 (-12%) from 2021

Expenses

Up

$274,505

Up $1,646 (+0.6%) from 2021

Net Income

Down

-$4,925

Down $39,157 (-114%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $122,746Liabilities 2010: $0Net Assets 2010: $122,7462010Assets 2011: $135,210Liabilities 2011: $0Net Assets 2011: $135,2102011Assets 2012: $167,441Liabilities 2012: $5,228Net Assets 2012: $162,2132012Assets 2013: $191,917Liabilities 2013: $864Net Assets 2013: $191,0532013Assets 2014: $215,130Liabilities 2014: $0Net Assets 2014: $215,1302014Assets 2015: $265,991Liabilities 2015: $3,259Net Assets 2015: $262,7322015Assets 2016: $267,263Liabilities 2016: $1,500Net Assets 2016: $265,7632016Assets 2017: $272,968Liabilities 2017: $0Net Assets 2017: $272,9682017Assets 2018: $354,308Liabilities 2018: $0Net Assets 2018: $354,3082018Assets 2019: $425,750Liabilities 2019: $7,400Net Assets 2019: $418,3502019Assets 2020: $484,014Liabilities 2020: $5,800Net Assets 2020: $478,2142020Assets 2021: $513,766Liabilities 2021: $1,320Net Assets 2021: $512,4462021Assets 2022: $507,707Liabilities 2022: $186Net Assets 2022: $507,5212022Assets 2023: $572,273Liabilities 2023: $1,260Net Assets 2023: $571,0132023Assets 2024: $772,596Liabilities 2024: $932Net Assets 2024: $771,6642024

Highlighted filing

2022

Assets$507,707
Liabilities$186
Net Assets$507,521

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $171,873Expenses 2010: $148,125Net Income 2010: $23,7482010Revenue 2011: $176,032Expenses 2011: $163,481Net Income 2011: $12,5512011Expenses 2012: $203,4942012Revenue 2013: $216,866Expenses 2013: $188,026Net Income 2013: $28,8402013Revenue 2014: $210,779Expenses 2014: $186,702Net Income 2014: $24,0772014Revenue 2015: $218,584Expenses 2015: $170,982Net Income 2015: $47,6022015Revenue 2016: $243,568Expenses 2016: $240,537Net Income 2016: $3,0312016Revenue 2017: $215,040Expenses 2017: $207,835Net Income 2017: $7,2052017Revenue 2018: $257,312Expenses 2018: $175,972Net Income 2018: $81,3402018Revenue 2019: $257,935Expenses 2019: $193,893Net Income 2019: $64,0422019Revenue 2020: $284,592Expenses 2020: $224,728Net Income 2020: $59,8642020Revenue 2021: $307,091Expenses 2021: $272,859Net Income 2021: $34,2322021Revenue 2022: $269,580Expenses 2022: $274,505Net Income 2022: -$4,9252022Revenue 2023: $281,582Expenses 2023: $218,090Net Income 2023: $63,4922023Revenue 2024: $447,472Expenses 2024: $246,821Net Income 2024: $200,6512024

Highlighted filing

2022

Revenue$269,580
Expenses$274,505
Net Income-$4,925
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$416,580
Mission and Program Overview

Mission

Organization raises funds through special fundraising events for scholorships and athletic programs at montana state university-northern in havre, montana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$512,446$507,521▼ $4,925
Investments in Publicly Traded Securities$216,592$247,330▲ $30,738
Investments Other Securities$109,700$134,613▲ $24,913
Savings and Temporary Cash Investments$113,851$79,526▼ $34,325
Cash and Non-Interest-Bearing Accounts$49,272$40,429▼ $8,843
Accounts Receivable$16,050--
Land, Buildings, and Equipment, Net$7,251$5,179▼ $2,072
Inventories for Sale or Use$1,050$630▼ $420
Total Assets$513,766$507,707▼ $6,059
Liabilities
Other Liabilities$1,320$186▼ $1,134
Total Liabilities$1,320$186▼ $1,134
Net Assets / Fund Balance
Total Net Assets Fund Balance$512,446$507,521▼ $4,925
Total Liabilities and Net Assets / Fund Balance$513,766$507,707▼ $6,059

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,179$8,837$14,016
Closely Held Equity Interests$134,613--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chad MccormickPresident
Brent ReberDirector
Craig TillemanDirector
Darrin OverlieDirector
Garrett HansonDirector
Kurt JohnsonDirector
Pat NewtonDirector
Tom BakerDirector
Tony VigliottiDirector
John MalasaniSecretary
William KellerTreasurer
Michael EricksonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$25,322
Program Service Revenue
$0
Investment Income
$19,061
Other Revenue
$225,197
All Other Contributions
$25,322
Change in Net Assets
$-4,925
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$230,500
Other Expenses$44,005
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$230,500--$230,500
Fees for Services Management$27,000--$27,000
Office Expenses$2,120--$2,120
Depreciation Depletion$2,072--$2,072
Insurance$1,977--$1,977
Occupancy$1,530--$1,530
Advertising$640--$640
Other Expenses$315--$315
Fees for Services Legal$20--$20
Total Functional Expenses$274,505$0$0$274,505
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Montana State University NorthernHavre, MT--$230,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$359,598
Fundraising Direct Expenses$134,401
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Recreation Even$359,598$359,598$22,684$336,914
Total Events$359,598$359,598$134,401$225,197
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Registration Fees$186
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The president of the organization and the cpa preparing form 990 and related schedules go over the return before mailing. The remaining board of directors go over at the next meeting.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Northern Lights Athletics
EIN
20-0968414
Phone
4062628893
Address
PO BOX 807, HAVRE, MT 59501
Doing Business As
Nlasf

Signing Officer

Name
Chad Mccormick
Title
President
Signed
2023-11-15

Organization Details

Principal Officer
Chad Mccormick
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Firm
Scharfe Kato & Co Pc
Address
PO BOX 2608, HAVRE, MT 59501
Preparer
James C Kato CPA
Phone
4062651254
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0288992
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0280100
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0326882
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0331614
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01599785
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt012599
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt014375
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt014938
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt015214
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt013717
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt070843
IRS990ScheduleA/InvestmentIncomeCYPct00.04000
IRS990ScheduleA/InvestmentIncomePYPct00.04000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt06462
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt016790
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt014306
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02750
IRS990ScheduleA/OtherIncome509Grp/TotalAmt040308
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94260
IRS990ScheduleA/PublicSupportPY509Pct00.94040
IRS990ScheduleA/PublicSupportTotal509Amt01824240
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0397519
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0368439
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0362105
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0348923
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0347254
IRS990ScheduleA/Total509Grp/TotalAmt01824240
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0416580
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0399604
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0391349
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0366887
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0360971
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01935391
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt0134613
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/EquipmentGrp/BookValueAmt05179
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08837
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014016
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0186
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID REGISTRATION FEES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05179
IRS990ScheduleD/TotalBookValueSecuritiesAmt0134613
IRS990ScheduleD/TotalLiabilityAmt0186
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt063293
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt063293
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0134401
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RECREATION EVEN
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt027183
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt027183
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0359598
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0359598
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0359598
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0359598
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0225197
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt019441
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt019441
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt022684
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt022684
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01800
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01800
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0230500
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MONTANA STATE UNIVERSITY NORTHERN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt0MONTANA STATE UNIVERSITY NORTHERN
IRS990ScheduleI/RecipientTable/RecipientEIN0816001663
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0300 13TH ST WEST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0300 13TH ST WEST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0HAVRE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd059501
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT OF THE ORGANIZATION AND THE CPA PREPARING FORM 990 AND RELATED SCHEDULES GO OVER THE RETURN BEFORE MAILING. THE REMAINING BOARD OF DIRECTORS GO OVER AT THE NEXT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0513766
IRS990/TotalAssetsEOYAmt0507707
IRS990/TotalAssetsGrp/BOYAmt0513766
IRS990/TotalAssetsGrp/EOYAmt0507707
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt025322
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0274505
IRS990/TotalFunctionalExpensesGrp/TotalAmt0274505
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01320
IRS990/TotalLiabilitiesEOYAmt0186
IRS990/TotalLiabilitiesGrp/BOYAmt01320
IRS990/TotalLiabilitiesGrp/EOYAmt0186
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0512446
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0507521
IRS990/TotalProgramServiceExpensesAmt0274505
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt019061
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0269580
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0513766
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0507707
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt030791 US HWY 2
IRS990/USAddress/CityNm0KREMLIN
IRS990/USAddress/StateAbbreviationCd0MT
IRS990/USAddress/ZIPCd059532
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.LEGENDSFORLIGHTS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHAD MCCORMICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTHERN LIGHTS ATHLETICS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SCHOLARSHIP FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0200968414
ReturnHeader/Filer/PhoneNum04062628893
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 807

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.73$0.01$7.72$4.47$2.47$2.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.72$0.01$5.71$2.82$2.18$0.63
2022Detailed filing. Detailed filing data is available for this year.$5.08$0.00$5.08$2.70$2.75$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.14$0.01$5.12$3.07$2.73$0.34
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.84$0.06$4.78$2.85$2.25$0.60
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.26$0.07$4.18$2.58$1.94$0.64
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.54$0.00$3.54$2.57$1.76$0.81
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.73$0.00$2.73$2.15$2.08$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.67$0.02$2.66$2.44$2.41$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.66$0.03$2.63$2.19$1.71$0.48
2014Detailed filing. Detailed filing data is available for this year.$2.15$0.00$2.15$2.11$1.87$0.24
2013Detailed filing. Detailed filing data is available for this year.$1.92$0.01$1.91$2.17$1.88$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.05$1.62$2.03
2011Summary only. Only limited summary data is available for this year.$1.35$0.00$1.35$1.76$1.63$0.13
2010Summary only. Only limited summary data is available for this year.$1.23$0.00$1.23$1.72$1.48$0.24
Peer Organizations

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