Civic Intelligence

Polson Scholarship Education Foundation

EIN 46-4291123 • 501(c)3 • Polson, MT

Profile

Increase opportunities for students to continue their education beyond high schoolpromote a scholarship progrom for sudents who are graduates of an accreditied high school within school district #23 lake county montana.provide support for school district #23 faculty, staff, adn schools to promote sponsor and carry out educational objectives with school district #23 on a fair and nondiscriminatory basis.

PO Box 562Polson, MT 59860

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

57th percentile

7.8%

Higher net margin than 57% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

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.

501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

44th percentile

1.0%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

114%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$508,710

Up $5,064 (+1.0%) from 2023

Liabilities

Down

$0

Down $1 (-100%) from 2023

Net Assets

Up

$508,710

Up $5,065 (+1.0%) from 2023

Revenue

Up

$67,590

Up $36,058 (+114%) from 2023

Expenses

Up

$62,343

Up $7,901 (+15%) from 2023

Net Income

Up

$5,247

Up $28,157 (+123%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2013: $367,825Liabilities 2013: $0Net Assets 2013: $367,8252013Assets 2014: $393,111Liabilities 2014: $25,200Net Assets 2014: $367,9112014Assets 2015: $373,034Liabilities 2015: $24,2002015Assets 2016: $386,554Liabilities 2016: $37,200Net Assets 2016: $349,3542016Assets 2017: $410,500Liabilities 2017: $54,566Net Assets 2017: $355,9342017Assets 2018: $400,114Liabilities 2018: $45,679Net Assets 2018: $354,4352018Assets 2019: $397,033Liabilities 2019: $37,269Net Assets 2019: $359,7642019Assets 2020: $398,486Liabilities 2020: $32,927Net Assets 2020: $365,5592020Assets 2021: $527,339Liabilities 2021: $0Net Assets 2021: $527,3392021Assets 2022: $526,555Liabilities 2022: $0Net Assets 2022: $526,5552022Assets 2023: $503,646Liabilities 2023: $1Net Assets 2023: $503,6452023Assets 2024: $508,710Liabilities 2024: $0Net Assets 2024: $508,7102024

Highlighted filing

2024

Assets$508,710
Liabilities$0
Net Assets$508,710

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2013: $368,770Expenses 2013: $945Net Income 2013: $367,8252013Revenue 2014: $30,900Expenses 2014: $30,384Net Income 2014: $5162014Revenue 2015: $36,132Expenses 2015: $55,209Net Income 2015: -$19,0772015Revenue 2016: $25,771Expenses 2016: $25,261Net Income 2016: $5102016Revenue 2017: $72,041Expenses 2017: $65,451Net Income 2017: $6,5902017Revenue 2018: $45,916Expenses 2018: $47,322Net Income 2018: -$1,4062018Revenue 2019: $41,869Expenses 2019: $44,952Net Income 2019: -$3,0832019Revenue 2020: $39,328Expenses 2020: $33,533Net Income 2020: $5,7952020Revenue 2021: $186,612Expenses 2021: $57,759Net Income 2021: $128,8532021Revenue 2022: $47,525Expenses 2022: $48,309Net Income 2022: -$7842022Revenue 2023: $31,532Expenses 2023: $54,442Net Income 2023: -$22,9102023Revenue 2024: $67,590Expenses 2024: $62,343Net Income 2024: $5,2472024

Highlighted filing

2024

Revenue$67,590
Expenses$62,343
Net Income$5,247

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$86,872
Mission and Program Overview

Mission

Increase opportunities for students to continue their education beyond high schoolpromote a scholarship progrom for sudents who are graduates of an accreditied high school within school district #23 lake county montana.provide support for school district #23 faculty, staff, adn schools to promote sponsor and carry out educational objectives with school district #23 on a fair and nondiscriminatory basis.

Provided $62,000 in scholarships to polson grads for higher education and teacher grants for school district classrooms

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$498,230$501,911▲ $3,681
Cash and Non-Interest-Bearing Accounts$2,317$3,535▲ $1,218
Savings and Temporary Cash Investments$3,099$3,264▲ $165
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$503,646$508,710▲ $5,064
Other Assets Total-$0-
Liabilities
Other Liabilities$1--
Total Liabilities$1$0▼ $1
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$387,699$401,764▲ $14,065
Net Assets With Donor Restrictions$115,946$106,946▼ $9,000
Total Net Assets Fund Balance$503,645$508,710▲ $5,065
Total Liabilities and Net Assets / Fund Balance$503,646$508,710▲ $5,064
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paddy TruslerPresident
Leslie DalbeyVice President
Alice ErbDirector
Andy ForsDirector
Becky DupuisDirector
Chris McelweeDirector
Denise PetersonDirector
Judie WoodhouseDirector
Mandy SmithDirector
Ryan GageDirector
Tracie McdonaldDirector
Marc VergerontFinancial Advis
Chris StromSecretary
Pat DevriesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$28,222
Program Service Revenue
$0
Investment Income
$33,539
Other Revenue
$5,829
All Other Contributions
$28,222
Change in Net Assets
$5,247
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$62,000
Other Expenses$343
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$60,000--$60,000
Grants to Domestic Orgs$2,000--$2,000
Other Expenses$100--$100
Total Functional Expenses$62,343$0$0$62,343
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,550
Fundraising Direct Expenses$1,721
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
Backup withholding compliance
No
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
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, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Polson Scholarship Education Foundation
EIN
46-4291123
Phone
4068839250
Address
PO BOX 562, POLSON, MT 59860

Signing Officer

Name
Pat Devries
Title
Treasurer
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pat Devries
Formed
2013
Legal Domicile
Mt
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Gage Accounting Pc
Address
211 Main St, Polson, MT 59860
Preparer
Ryan S Gage CPA
Phone
4068834368
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Prior period adjustment = -$182

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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0387699
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0401764
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-182
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0FOREIGN TAXES
IRS990/OtherExpensesGrp/Desc1Postage and Shipping
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ProgramServicesAmt0131
IRS990/OtherExpensesGrp/ProgramServicesAmt1112
IRS990/OtherExpensesGrp/ProgramServicesAmt2100
IRS990/OtherExpensesGrp/TotalAmt0131
IRS990/OtherExpensesGrp/TotalAmt1112
IRS990/OtherExpensesGrp/TotalAmt2100
IRS990/OtherLiabilitiesGrp/BOYAmt01
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0PAT DEVRIES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE FUNDS TO TEACHERS FOR CLASSROOM PROJECTS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt016104
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt053723
IRS990/PYInvestmentIncomeAmt013154
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0719
IRS990/PYOtherRevenueAmt02274
IRS990/PYRevenuesLessExpensesAmt0-22910
IRS990/PYTotalExpensesAmt054442
IRS990/PYTotalRevenueAmt031532
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt05247
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03099
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03264
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt028222
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt016104
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt021379
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0155745
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt019114
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0240564
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt033539
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013154
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt017393
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023691
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09499
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt097276
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.71210
IRS990ScheduleA/PublicSupportPY170Pct00.76630
IRS990ScheduleA/PublicSupportTotal170Amt0240564
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt028222
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt016104
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt021379
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0155745
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt019114
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0240564
IRS990ScheduleA/TotalSupportAmt0337840
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
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt060000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt039
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD ADJUSTMENT = -$182
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0503646
IRS990/TotalAssetsEOYAmt0508710
IRS990/TotalAssetsGrp/BOYAmt0503646
IRS990/TotalAssetsGrp/EOYAmt0508710
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt028222
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt062343
IRS990/TotalFunctionalExpensesGrp/TotalAmt062343
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt01

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