Civic Intelligence

Montana Aquatic Resources Services

990 • Fiscal year 2017 • EIN 45-2804436

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 19, 2018

PO Box 338Livingston, MT 59047

(406) 579-2355

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

82nd percentile

26%

Higher net margin than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

50th percentile

$62,433

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

68th percentile

10%

Faster asset growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

13th percentile

-20%

Faster revenue growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,788,141

Up $163,078 (+10%) from 2016

Net Assets

Up

$1,781,013

Up $170,975 (+11%) from 2016

Liabilities

Down

$7,128

Down $7,897 (-53%) from 2016

Revenue

Down

$668,602

Down $166,348 (-20%) from 2016

Expenses

Up

$497,627

Up $256,673 (+107%) from 2016

Net Income

Down

$170,975

Down $423,021 (-71%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $134,225Net Assets 2013: $134,2252013Assets 2014: $729,304Liabilities 2014: $0Net Assets 2014: $729,3042014Assets 2015: $1,016,859Liabilities 2015: $817Net Assets 2015: $1,016,0422015Assets 2016: $1,625,063Liabilities 2016: $15,025Net Assets 2016: $1,610,0382016Assets 2017: $1,788,141Liabilities 2017: $7,128Net Assets 2017: $1,781,0132017Assets 2018: $2,179,333Liabilities 2018: $23,758Net Assets 2018: $2,155,5752018Assets 2019: $2,402,880Liabilities 2019: $9,008Net Assets 2019: $2,393,8722019Assets 2020: $3,492,660Liabilities 2020: $13,069Net Assets 2020: $3,479,5912020Assets 2021: $3,329,072Liabilities 2021: $16,038Net Assets 2021: $3,313,0342021Assets 2022: $3,164,168Liabilities 2022: $33,367Net Assets 2022: $3,130,8012022Assets 2023: $3,704,372Liabilities 2023: $39,805Net Assets 2023: $3,664,5672023Assets 2024: $3,878,324Liabilities 2024: $45,354Net Assets 2024: $3,832,9702024

Highlighted filing

2017

Assets$1,788,141
Liabilities$7,128
Net Assets$1,781,013

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $150,540Expenses 2013: $19,724Net Income 2013: $130,8162013Revenue 2014: $661,523Expenses 2014: $66,444Net Income 2014: $595,0792014Revenue 2015: $406,288Expenses 2015: $119,550Net Income 2015: $286,7382015Revenue 2016: $834,950Expenses 2016: $240,954Net Income 2016: $593,9962016Revenue 2017: $668,602Expenses 2017: $497,627Net Income 2017: $170,9752017Revenue 2018: $747,609Expenses 2018: $373,047Net Income 2018: $374,5622018Revenue 2019: $566,593Expenses 2019: $328,295Net Income 2019: $238,2982019Revenue 2020: $1,365,240Expenses 2020: $337,220Net Income 2020: $1,028,0202020Revenue 2021: $454,579Expenses 2021: $646,922Net Income 2021: -$192,3432021Revenue 2022: $613,470Expenses 2022: $658,573Net Income 2022: -$45,1032022Revenue 2023: $1,256,412Expenses 2023: $794,996Net Income 2023: $461,4162023Revenue 2024: $980,818Expenses 2024: $857,624Net Income 2024: $123,1942024

Highlighted filing

2017

Revenue$668,602
Expenses$497,627
Net Income$170,975
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 19, 2018
Return Version
2017v2.3
Gross Receipts
$668,602
Mission and Program Overview

Mission

To restore, enhance, and preserve montana's aquatic resources to maximize their ecological function into the future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$75,529$134,778▲ $59,249
Total Assets$1,625,063$1,788,141▲ $163,078
Other Assets Total$1,549,534$1,653,363▲ $103,829
Liabilities
Accounts Payable and Accrued Expenses$15,025$7,128▼ $7,897
Total Liabilities$15,025$7,128▼ $7,897
Net Assets / Fund Balance
Unrestricted Net Assets$1,610,038$1,781,013▲ $170,975
Total Net Assets Fund Balance$1,610,038$1,781,013▲ $170,975
Total Liabilities and Net Assets / Fund Balance$1,625,063$1,788,141▲ $163,078

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,652,527--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wendy WeaverExecutive DirectorFT$58,333$4,100$62,433

Board Members and Trustees

NameTitle
Abby DresserChair
Mike SanctuaryVice Chair
Burt WilliamsDirector
Kelly MoormanDirector
Nathan TewsonDirector
Patrick ByorthDirector
Ted JohnsonDirector
Tom ParkerDirector
Marcus PearsonSecretary
Kelly BeeversTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,521
Program Service Revenue
$603,090
Investment Income
$8,991
Other Revenue
$0
All Other Contributions
$22,571
Change in Net Assets
$170,975
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$360,278
Salaries, Compensation, and Employee Benefits$137,349
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$100,000$3,000-$103,000
Current Officers, Directors, Trustees, and Key Employees$14,583$43,750-$58,333
Other Salaries and Wages$48,697$9,262-$57,959
Fees for Services Accounting-$15,013-$15,013
Travel$13,609--$13,609
Payroll Taxes$6,034$6,732-$12,766
Advertising$8,948--$8,948
Office Expenses$890$7,443-$8,333
Other Employee Benefits$4,547$3,744-$8,291
Occupancy$3,066$3,066-$6,132
Insurance-$3,147-$3,147
Other Expenses$2,571$1,707-$1,707
All Other Expenses-$889-$889
Information Technology-$735-$735
Total Functional Expenses$399,139$98,488$0$497,627
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Montana Conservation Corps IncBozeman, MT501(c)3Big Sky Watershed Corps Is an Americorps Program That Places Young Professionals in Montana Watershed Communities Where They Make a Measurable Difference in Local Conservation Efforts. Bswc Is Currently in Its Fourth Year and Has Been a Huge Success Within the State, With Members Making Strides in Watershed Research, Project Planning and Implementation, Watershed Education and Outreach, and Community Engagement.$10,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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, Part VI, Section B, Line 11B

The board reviews the form 990 prior to submission to the internal revenue service.

Form 990, Part VI, Section B, Line 12

Any conflicts are discussed and disclosed at board meetings held monthly.

Form 990, Part VI, Section B, Line 15

The organization conducted a market survey of salaries of comparable positions with similar organizations and a budget analysis to determine an appropriate salary for executive director. This same process is used for determining compensation of the organization's officers and other memebers of management.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Montana Aquatic Resources Services
EIN
45-2804436
Phone
4065792355
Address
PO BOX 338, LIVINGSTON, MT 59047

Signing Officer

Name
Mike Sanctuary
Title
Board Chair
Phone
4065792355
Signed
2018-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Sanctuary
Formed
2011
Legal Domicile
Mt
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
11

Preparer

Firm
Anderson Zurmuehlen & Co Pc
Address
1019 EAST MAIN STE 201, BOZEMAN, MT 59715
Preparer
Heather Walstad
Phone
4065566160
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Grant development: program service expenses 0. Management and general expenses 3,000. Fundraising expenses 0. Total expenses 3,000. Construction and oversight: program service expenses 90,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 90,000. Contracted americorps member : program service expenses 10,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,000.

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IRS990/PYTotalExpensesAmt0240954
IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990/RegularMonitoringEnfrcInd00
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED CASH
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IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0BIG SKY WATERSHED CORPS IS AN AMERICORPS PROGRAM THAT PLACES YOUNG PROFESSIONALS IN MONTANA WATERSHED COMMUNITIES WHERE THEY MAKE A MEASURABLE DIFFERENCE IN LOCAL CONSERVATION EFFORTS. BSWC IS CURRENTLY IN ITS FOURTH YEAR AND HAS BEEN A HUGE SUCCESS WITHIN THE STATE, WITH MEMBERS MAKING STRIDES IN WATERSHED RESEARCH, PROJECT PLANNING AND IMPLEMENTATION, WATERSHED EDUCATION AND OUTREACH, AND COMMUNITY ENGAGEMENT.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MONTANA CONSERVATION CORPS INC
IRS990ScheduleI/RecipientTable/RecipientEIN0810467431
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0206 N GRAND
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BOZEMAN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd059715
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WORKS CLOSELY WITH THE BIG SKY WATERSHED CORP PROGRAM DIRECTOR THROUGH MEETINGS AND PHONE CALLS TO MONITOR USE OF GRANT FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS THE FORM 990 PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY CONFLICTS ARE DISCUSSED AND DISCLOSED AT BOARD MEETINGS HELD MONTHLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION CONDUCTED A MARKET SURVEY OF SALARIES OF COMPARABLE POSITIONS WITH SIMILAR ORGANIZATIONS AND A BUDGET ANALYSIS TO DETERMINE AN APPROPRIATE SALARY FOR EXECUTIVE DIRECTOR. THIS SAME PROCESS IS USED FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS AND OTHER MEMEBERS OF MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GRANT DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,000. CONSTRUCTION AND OVERSIGHT: PROGRAM SERVICE EXPENSES 90,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 90,000. CONTRACTED AMERICORPS MEMBER : PROGRAM SERVICE EXPENSES 10,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0HTTP://MONTANAAQUATICRESOURCES.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE SANCTUARY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum04065792355
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONTANA AQUATIC RESOURCES SERVICES
ReturnHeader/Filer/BusinessNameControlTxt0MONT
ReturnHeader/Filer/EIN0452804436
ReturnHeader/Filer/PhoneNum04065792355
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 338
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A49B5F5AACC3A4D35BF0B511A08652BED44BE907

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