Civic Intelligence

Mission Valley Aquatics

990 • Fiscal year 2018 • EIN 43-2011432

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 04, 2019

PO Box 774Polson, MT 59860

(406) 883-4567

Siviq Scores

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

Liabilities / Assets

49th percentile

0.08x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

83rd percentile

0.76x

Higher debt load relative to revenue than 83% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

18th percentile

-14%

Higher net margin than 18% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

41st percentile

-1.0%

Faster asset growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-43%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$4,792,672

Down $46,585 (-1.0%) from 2017

Net Assets

Down

$4,398,963

Down $107,579 (-2.4%) from 2017

Liabilities

Up

$393,709

Up $60,994 (+18%) from 2017

Revenue

Down

$515,751

Down $391,437 (-43%) from 2017

Expenses

Up

$585,713

Up $489 (+0.1%) from 2017

Net Income

Down

-$69,962

Down $391,926 (-122%) from 2017

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,002,996Liabilities 2011: $1,060Net Assets 2011: $2,001,9362011Assets 2012: $5,171,855Liabilities 2012: $1,539,231Net Assets 2012: $3,632,6242012Assets 2013: $5,106,041Liabilities 2013: $1,030,715Net Assets 2013: $4,075,3262013Assets 2014: $5,150,112Liabilities 2014: $937,901Net Assets 2014: $4,212,2112014Assets 2015: $5,102,198Liabilities 2015: $905,937Net Assets 2015: $4,196,2612015Assets 2016: $4,939,420Liabilities 2016: $778,582Net Assets 2016: $4,160,8382016Assets 2017: $4,839,257Liabilities 2017: $332,715Net Assets 2017: $4,506,5422017Assets 2018: $4,792,672Liabilities 2018: $393,709Net Assets 2018: $4,398,9632018Assets 2019: $4,757,734Liabilities 2019: $369,281Net Assets 2019: $4,388,4532019Assets 2020: $5,883,297Liabilities 2020: $571,645Net Assets 2020: $5,311,6522020Assets 2021: $5,931,380Liabilities 2021: $394,046Net Assets 2021: $5,537,3342021Assets 2022: $6,051,903Liabilities 2022: $420,794Net Assets 2022: $5,631,1092022Assets 2023: $6,011,866Liabilities 2023: $414,253Net Assets 2023: $5,597,6132023Assets 2024: $5,857,461Liabilities 2024: $386,371Net Assets 2024: $5,471,0902024

Highlighted filing

2018

Assets$4,792,672
Liabilities$393,709
Net Assets$4,398,963

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,550,155Expenses 2011: $53,118Net Income 2011: $1,497,0372011Expenses 2012: $78,5022012Revenue 2013: $912,824Expenses 2013: $441,550Net Income 2013: $471,2742013Revenue 2014: $814,139Expenses 2014: $671,028Net Income 2014: $143,1112014Revenue 2015: $626,780Expenses 2015: $642,729Net Income 2015: -$15,9492015Revenue 2016: $580,987Expenses 2016: $616,414Net Income 2016: -$35,4272016Revenue 2017: $907,188Expenses 2017: $585,224Net Income 2017: $321,9642017Revenue 2018: $515,751Expenses 2018: $585,713Net Income 2018: -$69,9622018Revenue 2019: $554,819Expenses 2019: $551,278Net Income 2019: $3,5412019Revenue 2020: $1,362,184Expenses 2020: $438,339Net Income 2020: $923,8452020Revenue 2021: $769,412Expenses 2021: $596,772Net Income 2021: $172,6402021Revenue 2022: $745,577Expenses 2022: $651,754Net Income 2022: $93,8232022Revenue 2023: $699,537Expenses 2023: $728,187Net Income 2023: -$28,6502023Revenue 2024: $700,034Expenses 2024: $832,656Net Income 2024: -$132,6222024

Highlighted filing

2018

Revenue$515,751
Expenses$585,713
Net Income-$69,962
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 4, 2019
Return Version
2018v3.1
Gross Receipts
$521,774
Mission and Program Overview

Mission

Community aquatic center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$4,212,352$4,212,352→ $0
Land, Buildings, and Equipment, Net$535,370$510,307▼ $25,063
Cash and Non-Interest-Bearing Accounts$50,904$40,607▼ $10,297
Accounts Receivable$17,800$17,396▼ $404
Loans From Officers Directors$15,000--
Prepaid Expenses and Deferred Charges$402$6,833▲ $6,431
Inventories for Sale or Use$8,058$4,789▼ $3,269
Savings and Temporary Cash Investments$3,776$388▼ $3,388
Total Assets$4,839,257$4,792,672▼ $46,585
Other Assets Total$10,595--
Liabilities
Unsecured Notes Loans Payable$315,000$375,000▲ $60,000
Accounts Payable and Accrued Expenses$2,715$17,192▲ $14,477
Other Liabilities-$1,517-
Total Liabilities$332,715$393,709▲ $60,994
Net Assets / Fund Balance
Unrestricted Net Assets$4,506,542$4,398,963▼ $107,579
Total Net Assets Fund Balance$4,506,542$4,398,963▼ $107,579
Total Liabilities and Net Assets / Fund Balance$4,839,257$4,792,672▼ $46,585

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,990,261$33,143$5,023,404
Land$350,000-$350,000
Equipment$180,926$20,021$200,947
Other Land Buildings$-5,010,880-$-5,010,880
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ben M MontgomeryChair
David WatermanVice Chair
Jeff SmithAquatic Director
Connie PlaisayDirector
Hu BeaverDirector
James LapoktaDirector
Raina SteneDirector
Tana SeeleyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$54,802
Program Service Revenue
$419,420
Investment Income
$38,991
Other Revenue
$2,538
All Other Contributions
$54,802
Change in Net Assets
$-69,962
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$359,092
Salaries, Compensation, and Employee Benefits$226,621
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$258,900--$258,900
Other Salaries and Wages$156,395--$156,395
Current Officers, Directors, Trustees, and Key Employees$45,877--$45,877
Insurance$25,589--$25,589
Payroll Taxes$19,981--$19,981
Interest$7,903--$7,903
Depreciation Depletion$7,506--$7,506
Advertising$6,058--$6,058
Other Expenses$5,390--$5,390
Travel$4,709--$4,709
Other Employee Benefits$4,368--$4,368
Information Technology$3,875--$3,875
All Other Expenses$3,490--$3,490
Office Expenses$2,041--$2,041
Fees for Services Accounting$1,871--$1,871
Total Functional Expenses$585,713$0$0$585,713
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jeff SmithAquatic DirectorComputer and Mowing FeesNo$4,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$15,000--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Suspnse$1,517
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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 governing body review Part VI line 11

Made available to officers and director

Governing documents etc available to public Part VI line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Mission Valley Aquatics
EIN
43-2011432
Address
PO BOX 774, POLSON, MT 59860

Signing Officer

Name
Ben M Montgomery
Title
Director
Phone
4068834567
Signed
2019-11-04

Organization Details

Principal Officer
Ben M Montgomery
Formed
2002
Legal Domicile
Mt
Voting Board Members
7
Independent Board Members
7
Employees
48
Volunteers
22
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

ROUNDING $4

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt065391
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0237923
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0920411
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt038991
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt043327
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0212106
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0204410
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0241083
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0280081
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0311479
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01249159
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt038991
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt042882
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt043421
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt043327
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0211498
IRS990ScheduleA/InvestmentIncomeCYPct00.06000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt020210
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt0251000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0882034
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0524547
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0596472
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0814139
IRS990ScheduleA/Total509Grp/TotalAmt03292546
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0639893
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0857466
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03524254
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt033143
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05023404
IRS990ScheduleD/EquipmentGrp/BookValueAmt0180926
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020021
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0200947
IRS990ScheduleD/LandGrp/BookValueAmt0350000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0350000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PAYROLL ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SUSPENSE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ACCRUED INTEREST RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3PREPAID LEASE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-5010880
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0-5010880
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01517
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SUSPNSE
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IRS990ScheduleD/TotalLiabilityAmt01517
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JEFF SMITH
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0AQUATIC DIRECTOR
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0COMPUTER AND MOWING FEES
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CONSTRUCTION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0TANA SEELEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MADE AVAILABLE TO OFFICERS AND DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROUNDING $4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0462763881
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO SUPPORT MISSION VALLEY AQUATICS
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0POLSON
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd059860
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MT
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt04792672
IRS990/TotalAssetsGrp/BOYAmt04839257
IRS990/TotalAssetsGrp/EOYAmt04792672
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt054802
IRS990/TotalEmployeeCnt048
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.86$0.39$5.47$0.70$0.83$0.13
2023Detailed filing. Detailed filing data is available for this year.$6.01$0.41$5.60$0.70$0.73$0.03
2022Detailed filing. Detailed filing data is available for this year.$6.05$0.42$5.63$0.75$0.65$0.09
2021Detailed filing. Detailed filing data is available for this year.$5.93$0.39$5.54$0.77$0.60$0.17
2020Detailed filing. Detailed filing data is available for this year.$5.88$0.57$5.31$1.36$0.44$0.92
2019Detailed filing. Detailed filing data is available for this year.$4.76$0.37$4.39$0.55$0.55$0.00
2018Detailed filing. Detailed filing data is available for this year.$4.79$0.39$4.40$0.52$0.59$0.07
2017Detailed filing. Detailed filing data is available for this year.$4.84$0.33$4.51$0.91$0.59$0.32
2016Detailed filing. Detailed filing data is available for this year.$4.94$0.78$4.16$0.58$0.62$0.04
2015Summary only. Only limited summary data is available for this year.$5.10$0.91$4.20$0.63$0.64$0.02
2014Summary only. Only limited summary data is available for this year.$5.15$0.94$4.21$0.81$0.67$0.14
2013Detailed filing. Detailed filing data is available for this year.$5.11$1.03$4.08$0.91$0.44$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.17$1.54$3.63$0.08
2011Summary only. Only limited summary data is available for this year.$2.00$0.00$2.00$1.55$0.05$1.50