Civic Intelligence

Bigfork Valley Foundation

990EZ • Fiscal year 2020 • EIN 26-1634561

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 15, 2021

PO Box 44Bigfork, MN 56628

(218) 743-4116

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

74th percentile

25%

Higher net margin than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$20,800

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 13.4% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

73rd percentile

31%

Faster asset growth than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

80%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$163,278

Up $38,605 (+31%) from 2019

Net Assets

Up

$163,278

Up $38,605 (+31%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$155,427

Up $69,110 (+80%) from 2019

Expenses

Up

$116,822

Up $59,011 (+102%) from 2019

Net Income

Up

$38,605

Up $10,099 (+35%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $47,542Liabilities 2013: $78Net Assets 2013: $47,4642013Assets 2014: $54,109Net Assets 2014: $54,1092014Assets 2015: $42,640Net Assets 2015: $42,6402015Assets 2016: $50,347Net Assets 2016: $50,3472016Assets 2017: $54,224Net Assets 2017: $54,2242017Assets 2018: $96,167Net Assets 2018: $96,1672018Assets 2019: $124,673Net Assets 2019: $124,6732019Assets 2020: $163,278Net Assets 2020: $163,2782020Assets 2021: $242,547Net Assets 2021: $242,5472021Assets 2022: $659,298Liabilities 2022: $0Net Assets 2022: $659,2982022

Highlighted filing

2020

Assets$163,278
Liabilities-
Net Assets$163,278

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2013: $45,845Expenses 2013: $67,732Net Income 2013: -$21,8872013Revenue 2014: $57,735Expenses 2014: $51,090Net Income 2014: $6,6452014Revenue 2015: $71,905Expenses 2015: $83,374Net Income 2015: -$11,4692015Revenue 2016: $105,183Expenses 2016: $99,825Net Income 2016: $5,3582016Revenue 2017: $102,501Expenses 2017: $98,624Net Income 2017: $3,8772017Revenue 2018: $107,932Expenses 2018: $66,289Net Income 2018: $41,6432018Revenue 2019: $86,317Expenses 2019: $57,811Net Income 2019: $28,5062019Revenue 2020: $155,427Expenses 2020: $116,822Net Income 2020: $38,6052020Revenue 2021: $172,964Expenses 2021: $93,695Net Income 2021: $79,2692021Revenue 2022: $760,161Expenses 2022: $343,409Net Income 2022: $416,7522022

Highlighted filing

2020

Revenue$155,427
Expenses$116,822
Net Income$38,605
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 15, 2021
Return Version
2020v4.0
Gross Receipts
$156,330
Mission and Program Overview

Mission

Bigfork valley community foundation exists to provide an opportunity for individuals to contribute to a private non-profit organization that will support the betterment of the northern itasca hospital district and its communities.

Program Services

DescriptionGrantsExpenses
SUPPORT FOR PROJECTS FOR BIGFORK VALLEY HOSPITAL DISTRICT, HOSPITAL DISTRICT COMMUNITIES AND THE SURROUNDING AREA.$63,522-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIM JOHNSONExecutive DirectorFT$20,800-$20,800
MEREDITH MORNEAUPresident-$0--
CAROL MILLSChairman-$0--
JOEL KARELSTreasurer-$0--
MEREDIE ROUNDSSecretary-$0--
GAIL BLACKMERVice Chair-$0--
JEF FISHERDirector-$0--
DIANE GALLAGHERDirector-$0--
AARON SAUDEDirector-$0--
BILL SWANBERGDirector-$0--
NANCI ZEINEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Bigfork Valley Foundation
EIN
26-1634561
Phone
2187434116
Address
PO BOX 44, BIGFORK, MN 56628

Signing Officer

Name
Joel Karels
Title
Treasurer
Signed
2021-06-15
Discuss with paid preparer
Yes

Preparer

Firm
Glorvigen Tierney & Company Pllp
Address
200 NE 1ST AVE, GRAND RAPIDS, MN 55744
Preparer
Amanda Dick CPA
Phone
2183266641
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: BIGFORK VALLEY HOSPITAL | Cash Amount Given: $33264

Grants and Similar Amounts Paid In Excess of $5,000.25

| Donee's Name: EOW BYWAY | Cash Amount Given: $10942

Other Expenses.1001

Advertising and Promotion $264

Other Expenses.1002

Office Expenses $430

Other Expenses.1005

Travel $36

Other Expenses.1012

Insurance $972

Other Expenses.1

River walk trail project $3122

Other Expenses.2

OPERATIONS EXP $2419

Other Expenses.3

Year end appeal exp $2312

Other Expenses.4

Business registration $526

Other Expenses.5

DONOR WALL EXPENSES $319

Other Expenses.6

Dues & Subscriptions $50

Other Assets.1

ARTWORK - Beginning $12330 ARTWORK - Ending $12330

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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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Northern Itasca Hospital District (DBA Bigfork Valley Hospital) CEO has a dedicated/designated position on the Bigfork Valley Foundation Board of Directors and the Northern Itasca Hospital District (DBA Bigfork Valley Hospital) CEO works directly with the Foundation on review and administration of Foundation initiatives and operations. Northern Itasca Hospital District (DBA Bigfork Valley Hospital) approves their funding for the Bigfork Valley Foundation.The Bigfork Valley Foundation presents an annual report to the Northern Itasca Hospital District (DBA Bigfork Valley Hospital) Board of Directors.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: BIGFORK VALLEY HOSPITAL | Cash Amount Given: $33264
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: EOW BYWAY | Cash Amount Given: $10942
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Advertising and Promotion $264
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Office Expenses $430
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Travel $36
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $972
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6RIVER WALK TRAIL PROJECT $3122
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OPERATIONS EXP $2419
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8YEAR END APPEAL EXP $2312
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BUSINESS REGISTRATION $526
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12ARTWORK - Beginning $12330 ARTWORK - Ending $12330
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.25
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