Civic Intelligence

The Foundation for North America Wild Sheep

990 • Fiscal year 2020 • EIN 42-1109229

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 10, 2021

412 Pronghorn TrailBozeman, MT 59718

(406) 404-8750

Siviq Scores

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

Liabilities / Assets

58th percentile

0.31x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

49th percentile

0.28x

Higher debt load relative to revenue than 49% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

45th percentile

2.5%

Higher net margin than 45% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

88th percentile

$426,151

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

81st percentile

28%

Faster asset growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

53rd percentile

3.8%

Faster revenue growth than 53% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$7,221,633

Up $1,591,445 (+28%) from 2019

Net Assets

Up

$4,987,979

Up $202,424 (+4.2%) from 2019

Liabilities

Up

$2,233,654

Up $1,389,021 (+164%) from 2019

Revenue

Up

$8,086,144

Up $293,764 (+3.8%) from 2019

Expenses

Up

$7,883,720

Up $61,376 (+0.8%) from 2019

Net Income

Up

$202,424

Up $232,388 (+776%) from 2019

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2012: $7,656,035Liabilities 2012: $917,387Net Assets 2012: $6,738,6482012Assets 2013: $8,224,938Liabilities 2013: $563,115Net Assets 2013: $7,661,8232013Assets 2014: $2,881,474Liabilities 2014: $771,233Net Assets 2014: $2,110,2412014Assets 2015: $5,012,292Liabilities 2015: $1,057,656Net Assets 2015: $3,954,6362015Assets 2016: $4,482,905Liabilities 2016: $507,279Net Assets 2016: $3,975,6262016Assets 2017: $5,087,487Liabilities 2017: $767,634Net Assets 2017: $4,319,8532017Assets 2018: $5,675,570Liabilities 2018: $860,051Net Assets 2018: $4,815,5192018Assets 2019: $5,630,188Liabilities 2019: $844,633Net Assets 2019: $4,785,5552019Assets 2020: $7,221,633Liabilities 2020: $2,233,654Net Assets 2020: $4,987,9792020Assets 2021: $7,619,364Liabilities 2021: $1,444,793Net Assets 2021: $6,174,5712021Assets 2022: $6,437,324Liabilities 2022: $973,535Net Assets 2022: $5,463,7892022Assets 2023: $7,462,307Liabilities 2023: $1,627,462Net Assets 2023: $5,834,8452023Assets 2024: $8,527,230Liabilities 2024: $2,267,308Net Assets 2024: $6,259,9222024Assets 2025: $7,978,087Liabilities 2025: $2,136,238Net Assets 2025: $5,841,8492025

Highlighted filing

2020

Assets$7,221,633
Liabilities$2,233,654
Net Assets$4,987,979

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2012: $3,999,5202012Expenses 2013: $4,270,8002013Revenue 2014: $5,849,296Expenses 2014: $5,443,112Net Income 2014: $406,1842014Revenue 2015: $7,532,315Expenses 2015: $5,624,227Net Income 2015: $1,908,0882015Revenue 2016: $6,228,596Expenses 2016: $6,050,143Net Income 2016: $178,4532016Revenue 2017: $6,770,550Expenses 2017: $6,218,893Net Income 2017: $551,6572017Revenue 2018: $7,770,571Expenses 2018: $7,274,905Net Income 2018: $495,6662018Revenue 2019: $7,792,380Expenses 2019: $7,822,344Net Income 2019: -$29,9642019Revenue 2020: $8,086,144Expenses 2020: $7,883,720Net Income 2020: $202,4242020Revenue 2021: $9,442,244Expenses 2021: $8,255,652Net Income 2021: $1,186,5922021Revenue 2022: $8,357,473Expenses 2022: $9,068,255Net Income 2022: -$710,7822022Revenue 2023: $10,665,444Expenses 2023: $10,294,388Net Income 2023: $371,0562023Revenue 2024: $14,448,948Expenses 2024: $14,023,871Net Income 2024: $425,0772024Revenue 2025: $14,811,770Expenses 2025: $15,229,843Net Income 2025: -$418,0732025

Highlighted filing

2020

Revenue$8,086,144
Expenses$7,883,720
Net Income$202,424
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 10, 2021
Return Version
2019v5.0
Gross Receipts
$11,740,342
Mission and Program Overview

Mission

Wsf enhances wild sheep populations, promotes scientific wildlife management, and educates the public and youth on sustainable use and the conservation benefits of hunting while promoting the interests of the hunter.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,184,259$3,489,533▲ $305,274
Cash and Non-Interest-Bearing Accounts$591,655$1,599,824▲ $1,008,169
Pledges and Grants Receivable$1,159,092$1,136,002▼ $23,090
Accounts Receivable$337,039$691,107▲ $354,068
Prepaid Expenses and Deferred Charges$228,294$161,755▼ $66,539
Inventories for Sale or Use$47,868$72,658▲ $24,790
Land, Buildings, and Equipment, Net$71,460$62,281▼ $9,179
Total Assets$5,630,188$7,221,633▲ $1,591,445
Other Assets Total$10,521$8,473▼ $2,048
Liabilities
Accounts Payable and Accrued Expenses$245,952$1,252,517▲ $1,006,565
Other Liabilities$341,237$803,418▲ $462,181
Deferred Revenue$257,444$177,719▼ $79,725
Total Liabilities$844,633$2,233,654▲ $1,389,021
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,890,921$4,135,226▲ $244,305
Net Assets Without Donor Restrictions$894,634$852,753▼ $41,881
Total Net Assets Fund Balance$4,785,555$4,987,979▲ $202,424
Total Liabilities and Net Assets / Fund Balance$5,630,188$7,221,633▲ $1,591,445

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$62,281$132,547$194,828
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gray ThorntonPresident/ceFT$426,151-$426,151
Gray ThorntonPresident/CEO-$259,851$166,300$426,151
Clay BrewerConservationFT$167,732-$167,732
Clay BrewerConservation Direct.-$146,363$21,369$167,732

Board Members and Trustees

NameTitle
Peregrine L Wolff DvmChairman
Glen LandrusVice Chairma
Brett JeffersonDirector
Charlie KellyDirector
Emilio RangelDirector
Glen Pyne DvmDirector
Jann DemaskeDirector
Kyle StelterDirector
Wayne HendersonDirector
Larry JacobsSecretary
Tony CaligiuriTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,609,617
Program Service Revenue
$0
Investment Income
$114,433
Other Revenue
$5,362,094
All Other Contributions
$1,799,556
Change in Net Assets
$202,424

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,086,144
Total Revenue per Audited Statements
$8,086,144
Total Revenue per Form 990
$8,086,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,995,865
Other Expenses$1,710,628
Salaries, Compensation, and Employee Benefits$1,177,227
Total Fundraising Expense$401,946
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,184,949--$3,184,949
Foreign Grants$1,810,916--$1,810,916
Other Salaries and Wages$351,121$504,313$166,869$1,022,303
Office Expenses$332,940$54,386$100,462$487,788
Advertising$14,894$247,172-$262,066
Travel$112,136$60,537$40,948$213,621
Occupancy-$152,192-$152,192
Fees for Services Accounting-$70,000-$70,000
Payroll Taxes$17,702$29,346$11,568$58,616
Other Employee Benefits$14,635$27,324$10,439$52,398
Pension Plan Contributions$13,261$21,983$8,666$43,910
Depreciation Depletion-$26,184-$26,184
Other Expenses$24,460$1,500$50,959$24,460
All Other Expenses$10,202$3,363$10,415$23,980
Information Technology$12,279$9,536$1,620$23,435
Insurance-$15,007-$15,007
Interest-$8,623-$8,623
Fees for Services Legal-$2,898-$2,898
Total Functional Expenses$6,247,410$1,234,364$401,946$7,883,720

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,883,720
Total Expenses per Audited Statements$7,883,720
Total Expenses per Form 990$7,883,720
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
State Fish & Game Program Funding--Sheep Enhancement$1,772,382
Conservation Visions--Sheep Enhancement$200,000
Four Daughters Ranch--Sheep Enhancement$150,000
Sheep Program--Sheep Education$149,238
World Mtn Ungulate Conference--Sheep Enhancement$122,997
Watershed Results LLC--Sheep Enhancement$120,000
Wounded Warriors Outdoors--Sheep Enhancement$63,000
Wild Sheep Legacy Foundation--Sheep Enhancement$44,000
National Wildlife Federation--Sheep Enhancement$35,000
Characterizing Relationship Spatial--Sheep Enhancement$30,000
Texas A&m Agrilife Research--Sheep Enhancement$28,368
Dome Mountain Sheep Habitat--Sheep Enhancement$26,446
Boone and Crocket Club--Sheep Enhancement$25,000
Fraternity of Desert Big Horn--Sheep Enhancement$25,000
Granby River Bhs Disease Surv--Sheep Enhancement$24,675
Foundation for Wildlife Management--Sheep Enhancement$22,800
Mapping & Preliminary Assess--Sheep Enhancement$22,600
Uw Haub School of Enr--Sheep Enhancement$22,000
Alaska Professional Hunters Assoc--Sheep Enhancement$20,000
Arizona Desert Bighorn Sheep Soc--Sheep Enhancement$20,000
Stone Sheep Baseline Health Assess--Sheep Enhancement$20,000
Horn Plugs--Sheep Enhancement$19,462
Horn Plugs--Sheep Enhancement$19,462
Bear Trust International--Sheep Enhancement$17,000
Gia 1920-71--Sheep Enhancement$15,132
New Mexico State University--Sheep Enhancement$15,000
Prab--Sheep Enhancement$13,637
Als Environmental--Sheep Enhancement$13,052
Jack Creek Preserve Foundation--Sheep Enhancement$12,000
Chasm Bhs - Ayotte--Sheep Enhancement$10,848
Chasm Bhs Ayotte--Sheep Enhancement$10,848
Tundra Helicopters--Sheep Enhancement$10,502
Developing Genetic Mgt--Sheep Enhancement$10,000
National Wildlife Federation--Sheep Enhancement$10,000
Northern Nevada Chapter Sci--Sheep Enhancement$10,000
CONGRESSIONAL SPORTSMEN'S FOUND--Sheep Enhancement$7,500
Northern Wild Sheep & Goat Council--Sheep Enhancement$7,000

International Summary

Spending
$1,810,916

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
CanadaGrantsSheep Enhancement--$1,047,865
KazkahstanGrantsSheep Enhancement--$397,551
MexicoGrantsSheep Enhancement--$365,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,860,841
Fundraising Direct Expenses$3,654,198
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Conventi$8,860,841$8,860,841$3,654,198$5,206,643
Total Events$8,860,841$8,860,841$3,654,198$5,206,643
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Convention Deposits & Def Revenue$331,134
Line of Credit$258,612
Refundable Advance Liability$213,672
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 return was reviewed by an outside adviser and the executive committee. After approval by the executive committee it is approved by the finance and budget committe and finally by the full board of directors.

Form 990, Page 6, Part VI, Line 12C

Annual conflict of interest disclosure form is signed by each board member annually.

Form 990, Page 6, Part VI, Line 15A

A three person committee reviews industry compensation guidelines including the guidestar non-profit compensation report and the economic research institute's non-profit salary survey before recommending compensation to be paid. Final compensation approval is by the full board of directors.

Form 990, Page 6, Part VI, Line 15B

A three person committee reviews industry compensation guidelines including the guidestar non-profit compensation report and the economic research institute's non-profit salary survey before recommending compensation to be paid.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflicts of interest policy, and financial statements are made available to the public for inspection at the foundations headquarters as well as being posted on their website.

Filing and Contact Details

Filer

Filer Name
Wild Sheep Foundation
EIN
42-1109229
Phone
4064048750
Address
412 PRONGHORN TRAIL, BOZEMAN, MT 59718

Signing Officer

Name
Gray Thornton
Title
President/CEO
Phone
4064048750
Signed
2021-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gray Thornton
Formed
1978
Legal Domicile
Wy
Voting Board Members
11
Independent Board Members
11
Employees
18
Volunteers
50

Preparer

Firm
James Reilly CPA Pc
Address
PO BOX 2528, CODY, WY 82414
Preparer
James W Reilly
Phone
3075876256
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Wsf enhances wild sheep populations, promotes scientific wildlife management, and educates the public and youth on sustainable use and the conservation benefits of hunting while promoting the interests of the hunter.

Form 990

Executive committe has authority to act on behalf of board with later ratification by full board.

Form 990, Page 1, Part I, Line 6

Volunteers donate their time to operate the foundations annual fundraising event.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.98$2.14$5.84$14.8$15.2$0.42
2024Detailed filing. Detailed filing data is available for this year.$8.53$2.27$6.26$14.4$14.0$0.43
2023Detailed filing. Detailed filing data is available for this year.$7.46$1.63$5.83$10.7$10.3$0.37
2022Detailed filing. Detailed filing data is available for this year.$6.44$0.97$5.46$8.36$9.07$0.71
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.62$1.44$6.17$9.44$8.26$1.19
2020Detailed filing. Detailed filing data is available for this year.$7.22$2.23$4.99$8.09$7.88$0.20
2019Detailed filing. Detailed filing data is available for this year.$5.63$0.84$4.79$7.79$7.82$0.03
2018Detailed filing. Detailed filing data is available for this year.$5.68$0.86$4.82$7.77$7.27$0.50
2017Detailed filing. Detailed filing data is available for this year.$5.09$0.77$4.32$6.77$6.22$0.55
2016Summary only. Only limited summary data is available for this year.$4.48$0.51$3.98$6.23$6.05$0.18
2015Detailed filing. Detailed filing data is available for this year.$5.01$1.06$3.95$7.53$5.62$1.91
2014Summary only. Only limited summary data is available for this year.$2.88$0.77$2.11$5.85$5.44$0.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.22$0.56$7.66$4.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.66$0.92$6.74$4.00