Civic Intelligence

West Yellowstone Economic Development Council Inc

990 • Fiscal year 2015 • EIN 20-4982309

Jan 01, 2015 to Dec 31, 2015 • Filed on Feb 23, 2016

239 Firehole AveWest Yellowstone, MT 59758

(406) 580-1520

Siviq Scores

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

Liabilities / Assets

85th percentile

0.29x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

98th percentile

3.18x

Higher debt load relative to revenue than 98% of similar nonprofits.

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

Net Margin

9th percentile

-43%

Higher net margin than 9% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

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

Asset Growth

33rd percentile

-6.3%

Faster asset growth than 33% of similar nonprofits.

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

Revenue Growth

27th percentile

-16%

Faster revenue growth than 27% of similar nonprofits.

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

Assets

Down

$487,739

Down $32,972 (-6.3%) from 2014

Net Assets

Down

$344,982

Down $19,303 (-5.3%) from 2014

Liabilities

Down

$142,757

Down $13,669 (-8.7%) from 2014

Revenue

Down

$44,920

Down $8,299 (-16%) from 2014

Expenses

Up

$64,223

Up $6,544 (+11%) from 2014

Net Income

Down

-$19,303

Down $14,843 (-333%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $615,512Liabilities 2011: $251,749Net Assets 2011: $363,7632011Assets 2012: $568,356Liabilities 2012: $170,095Net Assets 2012: $398,2612012Assets 2013: $538,841Liabilities 2013: $170,096Net Assets 2013: $368,7452013Assets 2014: $520,711Liabilities 2014: $156,426Net Assets 2014: $364,2852014Assets 2015: $487,739Liabilities 2015: $142,757Net Assets 2015: $344,9822015Assets 2016: $479,514Liabilities 2016: $128,123Net Assets 2016: $351,3912016Assets 2017: $474,804Liabilities 2017: $112,481Net Assets 2017: $362,3232017Assets 2018: $473,305Liabilities 2018: $96,311Net Assets 2018: $376,9942018Assets 2020: $446,294Liabilities 2020: $62,402Net Assets 2020: $383,8922020Assets 2021: $430,303Liabilities 2021: $43,668Net Assets 2021: $386,6352021Assets 2022: $408,368Liabilities 2022: $24,230Net Assets 2022: $384,1382022Assets 2023: $392,510Liabilities 2023: $1,050Net Assets 2023: $391,4602023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2015

Assets$487,739
Liabilities$142,757
Net Assets$344,982

Operations Trend

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

$100K$50K$0-$50KExpenses 2011: $62,6782011Expenses 2012: $67,4722012Revenue 2013: $52,216Expenses 2013: $81,732Net Income 2013: -$29,5162013Revenue 2014: $53,219Expenses 2014: $57,679Net Income 2014: -$4,4602014Revenue 2015: $44,920Expenses 2015: $64,223Net Income 2015: -$19,3032015Revenue 2016: $69,567Expenses 2016: $63,158Net Income 2016: $6,4092016Revenue 2017: $55,455Expenses 2017: $44,545Net Income 2017: $10,9102017Revenue 2018: $77,334Expenses 2018: $62,663Net Income 2018: $14,6712018Revenue 2020: $58,881Expenses 2020: $54,798Net Income 2020: $4,0832020Revenue 2021: $67,655Expenses 2021: $64,912Net Income 2021: $2,7432021Revenue 2022: $79,407Expenses 2022: $81,904Net Income 2022: -$2,4972022Revenue 2023: $81,672Expenses 2023: $74,855Net Income 2023: $6,8172023Revenue 2024: $12,636Expenses 2024: $50,051Net Income 2024: -$37,4152024

Highlighted filing

2015

Revenue$44,920
Expenses$64,223
Net Income-$19,303
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Feb 23, 2016
Return Version
2015v2.0
Gross Receipts
$62,750
Mission and Program Overview

Mission

The west yellowstone economic development council, inc. (wyed) is a non-profit organization created for the primary purpose of creating a healthier and more vibrant economy as well as a revitalized community in west yellowstone, montana and the surrounding hebgen lake basin. Wyed works toward this goal by coordinating economic development planning and assisting with the implementation of innovative projects in the community, by assisting local government as a resource in planning public works and administering of public and private investments, and by coordinating research, planning and advisory functions appropriate to the attainment of its objectives. Through these activities, we will assist in the natural and timely evolution of our economy by creating and nourishing successful long-term partnerships with public and private entities for the benefit of our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$412,913$403,317▼ $9,596
Savings and Temporary Cash Investments$85,762$73,074▼ $12,688
Cash and Non-Interest-Bearing Accounts$22,035$11,346▼ $10,689
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$520,711$487,739▼ $32,972
Other Assets Total$1$2▲ $1
Liabilities
Mortgage Notes Payable Secured by Investment Property$156,426$142,757▼ $13,669
Total Liabilities$156,426$142,757▼ $13,669
Net Assets / Fund Balance
Unrestricted Net Assets$364,285$344,982▼ $19,303
Total Net Assets Fund Balance$364,285$344,982▼ $19,303
Total Liabilities and Net Assets / Fund Balance$520,711$487,739▼ $32,972

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$297,127$44,113$341,240
Land$100,000-$100,000
Other Land Buildings$1,793$6,408$8,201
Leasehold Improvements$4,397$2,695$7,092
Compensation and Service Providers

Board Members and Trustees

NameTitle
Pierre MartineauPresident
Clyde G SeelyVice President
Connie CusickDirector
Jan StoddardDirector
Mark PetroniDirector
John GreveSecretary
Ed GeigerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,026
Program Service Revenue
$10,700
Investment Income
$59
Other Revenue
$23,135
All Other Contributions
$11,026
Change in Net Assets
$-19,303
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$64,223
Total Fundraising Expense$1,284
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$17,383$934$374$18,691
Depreciation Depletion$5,891$316$127$6,334
Interest$5,133$276$110$5,519
Fees for Services Accounting$3,921$211$84$4,216
Office Expenses$2,651$143$57$2,851
Travel$1,548$83$33$1,664
Insurance$1,489$80$32$1,601
Other Expenses$1,347$72$29$1,448
All Other Expenses$1,192$65$26$1,283
Advertising$944$51$20$1,015
Fees for Services Other$48$2$1$51
Total Functional Expenses$59,729$3,210$1,284$64,223
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Clyde seely is the sole shareholder of the incorporated entity west yellowstone economic development council inc.

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
West Yellowstone Economic Development
EIN
20-4982309
Phone
4065801520
Address
239 FIREHOLE AVE, WEST YELLOWSTONE, MT 59758

Signing Officer

Name
Ed Geiger
Title
Treasurer
Signed
2016-02-23
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Mt
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Rudd & Company PLLC
Address
3805 Valley Commons Drive Suite 7, Bozeman, MT 59718
Preparer
Brent Walker CPA
Phone
4065853393
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IRS990/OtherExpensesGrp/Desc2Printing and Publications
IRS990/OtherExpensesGrp/Desc3FOOD SERVICE
IRS990/OtherExpensesGrp/FundraisingAmt0216
IRS990/OtherExpensesGrp/FundraisingAmt1101
IRS990/OtherExpensesGrp/FundraisingAmt274
IRS990/OtherExpensesGrp/FundraisingAmt329
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0540
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1252
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2185
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt372
IRS990/OtherExpensesGrp/ProgramServicesAmt010044
IRS990/OtherExpensesGrp/ProgramServicesAmt14691
IRS990/OtherExpensesGrp/ProgramServicesAmt23447
IRS990/OtherExpensesGrp/ProgramServicesAmt31347
IRS990/OtherExpensesGrp/TotalAmt010800
IRS990/OtherExpensesGrp/TotalAmt15044
IRS990/OtherExpensesGrp/TotalAmt23706
IRS990/OtherExpensesGrp/TotalAmt31448
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0BUFFALO/FIRE REUNION
IRS990/ProgramServiceRevenueGrp/Desc1Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc2WALKING TOUR
IRS990/ProgramServiceRevenueGrp/Desc3YSC CONSORTIUM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt047
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1875
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt36028
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt047
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1875
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36028
IRS990/ProgSrvcAccomActy2Grp/Desc0BRING MORE VISITORS TO AN ECONOMICALLY DEPRESSED AREA TO BOOST THE LOCAL ECONOMONY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt026375
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt011016
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt031
IRS990/PYInvestmentIncomeAmt092
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt057648
IRS990/PYOtherRevenueAmt026894
IRS990/PYProgramServiceRevenueAmt015217
IRS990/PYRevenuesLessExpensesAmt0-4460
IRS990/PYTotalExpensesAmt057679
IRS990/PYTotalRevenueAmt053219
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-19303
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt023135
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt06028
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt085762
IRS990/SavingsAndTempCashInvstGrp/EOYAmt073074
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt011026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt013857
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt015489
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0110962
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0136325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0287659
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt059
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt092
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0113
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0405
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0799
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01468
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61630
IRS990ScheduleA/PublicSupportPY170Pct00.98530
IRS990ScheduleA/PublicSupportTotal170Amt0178193
IRS990ScheduleA/SubstantialContributorsTotAmt0109466
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt011026
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt013857
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt015489
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0110962
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0136325
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0287659
IRS990ScheduleA/TotalSupportAmt0289127
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/BuildingsGrp/BookValueAmt0297127
IRS990ScheduleD/BuildingsGrp/DepreciationAmt044113
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0341240
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04397
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02695
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt07092
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01793
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06408
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08201
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0403317
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLYDE SEELY IS THE SOLE SHAREHOLDER OF THE INCORPORATED ENTITY WEST YELLOWSTONE ECONOMIC DEVELOPMENT COUNCIL INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0520711
IRS990/TotalAssetsEOYAmt0487739
IRS990/TotalAssetsGrp/BOYAmt0520711
IRS990/TotalAssetsGrp/EOYAmt0487739
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt011026
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01284
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03210
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt059729
IRS990/TotalFunctionalExpensesGrp/TotalAmt064223

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