Civic Intelligence

University Center Bookstore Inc

EIN 81-0107440 • 501(c)3 • Bigfork, MT

Profile

To promote and foster the education of intellectual cultural social and athletic interest of the student body and faculty of the university of montana, and to provide books, stationary, confectionery, and other student and faculty supplies and commodities at the lowest cost consistent with the welfare of the store.

PO Box 1544Bigfork, MT 59911

www.montanabookstore.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.01x

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

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

0.69x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

18th percentile

-16%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

54th percentile

4.7%

Faster asset growth than 54% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-97%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$685,011

Up $30,642 (+4.7%) from 2021

Liabilities

Flat

$8,801

Flat from 2021

Net Assets

Up

$676,210

Up $30,642 (+4.7%) from 2021

Revenue

Down

$12,835

Down $488,450 (-97%) from 2021

Expenses

Down

$14,834

Down $364,817 (-96%) from 2021

Net Income

Down

-$1,999

Down $123,633 (-102%) from 2021

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $4,712,321Liabilities 2011: $1,844,555Net Assets 2011: $2,867,7662011Assets 2012: $4,606,277Liabilities 2012: $2,013,358Net Assets 2012: $2,592,9192012Assets 2013: $3,520,542Liabilities 2013: $1,597,320Net Assets 2013: $1,923,2222013Assets 2014: $3,150,739Liabilities 2014: $1,517,611Net Assets 2014: $1,633,1282014Assets 2015: $1,156,816Liabilities 2015: $1,546,724Net Assets 2015: -$389,9082015Assets 2016: $3,011,245Liabilities 2016: $2,212,378Net Assets 2016: $798,8672016Assets 2017: $2,037,400Liabilities 2017: $1,567,209Net Assets 2017: $470,1912017Assets 2018: $1,965,097Liabilities 2018: $1,591,943Net Assets 2018: $373,1542018Assets 2019: $83,630Liabilities 2019: $0Net Assets 2019: $83,6302019Assets 2021: $654,369Liabilities 2021: $8,801Net Assets 2021: $645,5682021Assets 2022: $685,011Liabilities 2022: $8,801Net Assets 2022: $676,2102022

Highlighted filing

2022

Assets$685,011
Liabilities$8,801
Net Assets$676,210

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $13,802,720Expenses 2011: $13,763,056Net Income 2011: $39,6642011Revenue 2012: $12,886,767Expenses 2012: $13,161,614Net Income 2012: -$274,8472012Revenue 2013: $11,882,962Expenses 2013: $12,552,659Net Income 2013: -$669,6972013Revenue 2014: $10,451,064Expenses 2014: $10,741,158Net Income 2014: -$290,0942014Revenue 2015: $10,023,760Expenses 2015: $10,312,374Net Income 2015: -$288,6142015Revenue 2016: $9,220,975Expenses 2016: $9,766,497Net Income 2016: -$545,5222016Revenue 2017: $6,321,343Expenses 2017: $7,256,644Net Income 2017: -$935,3012017Revenue 2018: $5,814,640Expenses 2018: $5,838,988Net Income 2018: -$24,3482018Revenue 2019: $1,388,266Expenses 2019: $1,813,905Net Income 2019: -$425,6392019Revenue 2021: $501,285Expenses 2021: $379,651Net Income 2021: $121,6342021Revenue 2022: $12,835Expenses 2022: $14,834Net Income 2022: -$1,9992022

Highlighted filing

2022

Revenue$12,835
Expenses$14,834
Net Income-$1,999

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 31, 2022
Return Version
2021v4.0
Gross Receipts
$12,835
Mission and Program Overview

Mission

To promote and foster the education of intellectual cultural social and athletic interest of the student body and faculty of the university of montana, and to provide books, stationary, confectionery, and other student and faculty supplies and commodities at the lowest cost consistent with the welfare of the store.

To promote and foster the education of intellectual, cultrual, social and athletic interest of the student body and faculty of the university of montana and to provide books, stationary, confectionery, and other student supplies and commoditiies at the lowest cost consistent with the welfare of the store.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,891,654$1,922,296▲ $30,642
Land, Buildings, and Equipment, Net$360,000$360,000→ $0
Cash and Non-Interest-Bearing Accounts$193,110$223,752▲ $30,642
Inventories for Sale or Use$89,691$89,691→ $0
Cap Stk Tr Prin Current Funds$-1,246,086$-1,246,086→ $0
Total Assets$654,369$685,011▲ $30,642
Other Assets Total$11,568$11,568→ $0
Liabilities
Accounts Payable and Accrued Expenses$8,801$8,801→ $0
Total Liabilities$8,801$8,801→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$645,568$676,210▲ $30,642
Total Liabilities and Net Assets / Fund Balance$654,369$685,011▲ $30,642

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$10,000--
Land$350,000--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,835
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,999
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,834
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$10,294-$10,294
Fees for Services Other-$4,540-$4,540
Total Functional Expenses$0$14,834$0$14,834
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
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 bookstore followed the below process to review the 2019 form 990: 1. The accounting staff prepared the 990 and presented to all members of the board for full review and approval.

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

The bookstore followed the below process to enforce compliance of the conflict of interest policy. For each interest disclosed to the chairman of the board of directors, the chairman will determine whether to (a) take no action; (b) assure full disclosure to the board of directors and to the individuals covered by this policy, (c) ask the person to recuse themself from participation in rlated discussions or decisions within the organization, or (d) ask the person to resign from his or her position in the organization or if the person refuses to resign, become subject to possible removal in accordance with the orgnizations removal procedures. The organizations financial director will monitor proposed or ongoing transactions for conflicts of interest and disclose them to the chariman of the board of directors in order to deal with potential or actual conflicts whether iscovered before or after the transaction has occurred.

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

1. Review and approve. The compensation of the person is reviewed and approved by the board of directors or compensation committee of the organization, provided that the persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in this review and approval.

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

1. Review and approve. The compensation of the person is reviewed and approved by the board of directors or compensation committee of the organization, provided that the persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in this review and approval. 2. Use of data as a comparable compensation. The compensation of the person reviewed and approved using data as to comparable compensation for similarly qualified persons in funtionally comparable positions at similarly situated organizations. 3. Contemporaneous documentation and record keeping. There is contemporaneous documentation and record keeping with respect to the deliberations and decisions regarding the compensation agreement.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
University Center Bookstore Inc
EIN
81-0107440
Phone
4068375445
Address
PO BOX 1544, BIGFORK, MT 59911
Doing Business As
Bookstore at the Univ of Montana

Signing Officer

Name
Trustee Christy L Brandon
Title
Trustee
Phone
4068375445
Signed
2022-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Trustee Christy L Brandon
Formed
1921
Legal Domicile
Mt
Voting Board Members
1
Independent Board Members
1
Employees
0

Preparer

Firm
Wesler & Associates CPA Pc
Address
PO BOX 19016, KALAMAZOO, MI 49019
Preparer
Cheryl G Wesler
Phone
2694821015
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

The bookstore at the university of montana u center bookstore inc bankruptcy estate; 20-90209

FORM 990 - ORGANIZATION'S MISSION

To promote and foster the education of intellectual cultural social and athletic interest of the student body and faculty of the university of montana, and to provide books, stationary, confectionery, and other student and faculty supplies and commodities at the lowest cost consistent with the welfare of the store.

Form 990, Page 2, Part III, Line 4D

Provide textbooks, tradebooks, supplies, logowear, and other educational materials to approximately 12,000 full time equivalent students, faculty,and staff at the the university of montana.

Form 990, Part IX, Line 11G

BANK FEES 0 4,540 0

Raw XML Appendix296 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOOKSTORE AT THE UNIVERSITY OF MONTANA U CENTER BOOKSTORE INC BANKRUPTCY ESTATE; 20-90209
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO PROMOTE AND FOSTER THE EDUCATION OF INTELLECTUAL CULTURAL SOCIAL AND ATHLETIC INTEREST OF THE STUDENT BODY AND FACULTY OF THE UNIVERSITY OF MONTANA, AND TO PROVIDE BOOKS, STATIONARY, CONFECTIONERY, AND OTHER STUDENT AND FACULTY SUPPLIES AND COMMODITIES AT THE LOWEST COST CONSISTENT WITH THE WELFARE OF THE STORE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDE TEXTBOOKS, TRADEBOOKS, SUPPLIES, LOGOWEAR, AND OTHER EDUCATIONAL MATERIALS TO APPROXIMATELY 12,000 FULL TIME EQUIVALENT STUDENTS, FACULTY,AND STAFF AT THE THE UNIVERSITY OF MONTANA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOOKSTORE FOLLOWED THE BELOW PROCESS TO REVIEW THE 2019 FORM 990: 1. THE ACCOUNTING STAFF PREPARED THE 990 AND PRESENTED TO ALL MEMBERS OF THE BOARD FOR FULL REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOOKSTORE FOLLOWED THE BELOW PROCESS TO ENFORCE COMPLIANCE OF THE CONFLICT OF INTEREST POLICY. FOR EACH INTEREST DISCLOSED TO THE CHAIRMAN OF THE BOARD OF DIRECTORS, THE CHAIRMAN WILL DETERMINE WHETHER TO (A) TAKE NO ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND TO THE INDIVIDUALS COVERED BY THIS POLICY, (C) ASK THE PERSON TO RECUSE THEMSELF FROM PARTICIPATION IN RLATED DISCUSSIONS OR DECISIONS WITHIN THE ORGANIZATION, OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION IN THE ORGANIZATION OR IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE ORGNIZATIONS REMOVAL PROCEDURES. THE ORGANIZATIONS FINANCIAL DIRECTOR WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE CHARIMAN OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS WHETHER ISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt51. REVIEW AND APPROVE. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE OF THE ORGANIZATION, PROVIDED THAT THE PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt61. REVIEW AND APPROVE. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE OF THE ORGANIZATION, PROVIDED THAT THE PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. 2. USE OF DATA AS A COMPARABLE COMPENSATION. THE COMPENSATION OF THE PERSON REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. 3. CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BANK FEES 0 4,540 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MT
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0654369
IRS990/TotalAssetsEOYAmt0685011
IRS990/TotalAssetsGrp/BOYAmt0654369
IRS990/TotalAssetsGrp/EOYAmt0685011
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014834
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt014834
IRS990/TotalGrossUBIAmt06835
IRS990/TotalLiabilitiesBOYAmt08801
IRS990/TotalLiabilitiesEOYAmt08801
IRS990/TotalLiabilitiesGrp/BOYAmt08801
IRS990/TotalLiabilitiesGrp/EOYAmt08801
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0645568
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0676210
IRS990/TotalProgramServiceRevenueAmt012835
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt012835
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt06835
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0654369
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0685011
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1544
IRS990/USAddress/CityNm0BIGFORK
IRS990/USAddress/StateAbbreviationCd0MT
IRS990/USAddress/ZIPCd059911
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.MONTANABOOKSTORE.COM
IRS990/WhistleblowerPolicyInd0true
IRS990/WrittenPolicyOrProcedureInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TRUSTEE CHRISTY L BRANDON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum04068375445
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UNIVERSITY CENTER BOOKSTORE INC
ReturnHeader/Filer/BusinessNameControlTxt0UNIV
ReturnHeader/Filer/EIN0810107440
ReturnHeader/Filer/PhoneNum04068375445
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1544
ReturnHeader/Filer/USAddress/CityNm0BIGFORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MT
ReturnHeader/Filer/USAddress/ZIPCd059911
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383115309
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WESLER & ASSOCIATES CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 19016
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KALAMAZOO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049019
ReturnHeader/PreparerPersonGrp/PhoneNum02694821015
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHERYL G WESLER
ReturnHeader/ReturnTs02022-11-01T12:59:19-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHRISTY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BRANDON
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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