Civic Intelligence

Billings Pipe Trades Apprentice and Journeyman Training Fund

990 • Fiscal year 2021 • EIN 81-0344080

Aug 01, 2020 to Jul 31, 2021 • Filed on Oct 14, 2021

PO Box 30616Billings, MT 59107

(406) 252-9371

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.01x

Higher debt load relative to assets than 42% of similar nonprofits.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

43rd percentile

0.01x

Higher debt load relative to revenue than 43% of similar nonprofits.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2021

Net Margin

5th percentile

-21%

Higher net margin than 5% of similar nonprofits.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

80th percentile

$182,411

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 46.5% of source-year revenue.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2021

Asset Growth

4th percentile

-14%

Faster asset growth than 4% of similar nonprofits.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

85th percentile

26%

Faster revenue growth than 85% of similar nonprofits.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$662,116

Down $104,166 (-14%) from 2020

Net Assets

Down

$658,797

Down $84,155 (-11%) from 2020

Liabilities

Down

$3,319

Down $20,011 (-86%) from 2020

Revenue

Up

$392,363

Up $80,521 (+26%) from 2020

Expenses

Up

$476,518

Up $30,351 (+6.8%) from 2020

Net Income

Up

-$84,155

Up $50,170 (+37%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $308,809Liabilities 2011: $0Net Assets 2011: $308,8092011Assets 2012: $312,748Liabilities 2012: $0Net Assets 2012: $312,7482012Assets 2013: $481,106Liabilities 2013: $0Net Assets 2013: $481,1062013Assets 2014: $451,883Liabilities 2014: $0Net Assets 2014: $451,8832014Assets 2015: $457,747Liabilities 2015: $0Net Assets 2015: $457,7472015Assets 2016: $594,321Liabilities 2016: $0Net Assets 2016: $594,3212016Assets 2017: $653,917Liabilities 2017: $0Net Assets 2017: $653,9172017Assets 2018: $697,869Liabilities 2018: $0Net Assets 2018: $697,8692018Assets 2019: $877,277Liabilities 2019: $0Net Assets 2019: $877,2772019Assets 2020: $766,282Liabilities 2020: $23,330Net Assets 2020: $742,9522020Assets 2021: $662,116Liabilities 2021: $3,319Net Assets 2021: $658,7972021Assets 2022: $573,856Liabilities 2022: -$2,595Net Assets 2022: $576,4512022Assets 2023: $669,780Liabilities 2023: -$2,540Net Assets 2023: $672,3202023Assets 2024: $702,740Liabilities 2024: $728Net Assets 2024: $702,0122024Assets 2025: $770,107Liabilities 2025: -$4,154Net Assets 2025: $774,2612025

Highlighted filing

2021

Assets$662,116
Liabilities$3,319
Net Assets$658,797

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $262,854Expenses 2011: $334,077Net Income 2011: -$71,2232011Revenue 2012: $358,995Expenses 2012: $355,056Net Income 2012: $3,9392012Revenue 2013: $526,760Expenses 2013: $358,402Net Income 2013: $168,3582013Revenue 2014: $315,626Expenses 2014: $344,849Net Income 2014: -$29,2232014Revenue 2015: $349,826Expenses 2015: $343,962Net Income 2015: $5,8642015Revenue 2016: $480,091Expenses 2016: $343,517Net Income 2016: $136,5742016Revenue 2017: $396,994Expenses 2017: $337,398Net Income 2017: $59,5962017Revenue 2018: $379,301Expenses 2018: $335,349Net Income 2018: $43,9522018Revenue 2019: $570,654Expenses 2019: $391,246Net Income 2019: $179,4082019Revenue 2020: $311,842Expenses 2020: $446,167Net Income 2020: -$134,3252020Revenue 2021: $392,363Expenses 2021: $476,518Net Income 2021: -$84,1552021Revenue 2022: $373,935Expenses 2022: $456,303Net Income 2022: -$82,3682022Revenue 2023: $568,189Expenses 2023: $472,320Net Income 2023: $95,8692023Revenue 2024: $588,342Expenses 2024: $558,650Net Income 2024: $29,6922024Revenue 2025: $614,216Expenses 2025: $541,966Net Income 2025: $72,2502025

Highlighted filing

2021

Revenue$392,363
Expenses$476,518
Net Income-$84,155
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Oct 14, 2021
Return Version
2020v4.0
Gross Receipts
$1,327,470
Mission and Program Overview

Mission

Standardizing, improving, training and supervising instruction programs for apprentices and journeymen of the pipe trades profession in the Billings area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$742,952$658,797▼ $84,155
Investments in Publicly Traded Securities$686,430$583,360▼ $103,070
Cash and Non-Interest-Bearing Accounts$38,468$58,391▲ $19,923
Savings and Temporary Cash Investments$41,384$11,062▼ $30,322
Land, Buildings, and Equipment, Net-$9,303-
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$766,282$662,116▼ $104,166
Other Assets Total-$0-
Liabilities
Other Liabilities$23,330$3,319▼ $20,011
Total Liabilities$23,330$3,319▼ $20,011
Net Assets / Fund Balance
Total Net Assets Fund Balance$742,952$658,797▼ $84,155
Total Liabilities and Net Assets / Fund Balance$766,282$662,116▼ $104,166

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,303$2,326$11,629
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Mykal JorgensonCoordinator$116,966$65,445$182,411
Christopher SchultzTrustee$23,013$574$23,587
Shane BerumenTrustee$3,347-$3,347
Corbin DamjonovichTrustee$372-$372

Board Members and Trustees

NameTitle
Chris SchaffTrustee
Mark A JonesTrustee
Mark B JonesTrustee
Stanford StevensTrustee
Dan GlennonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$315,222
Investment Income
$45,517
Other Revenue
$31,624
Change in Net Assets
$-84,155
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$311,599
Other Expenses$164,919
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$209,717
Other Salaries and Wages$42,762--$42,762
Occupancy$30,000--$30,000
Other Employee Benefits$24,972--$24,972
Pension Plan Contributions$19,046--$19,046
Payroll Taxes$15,102--$15,102
Insurance-$8,414-$8,414
Office Expenses$8,320--$8,320
Fees for Service Investment Mgmnt Fees-$6,800-$6,800
Fees for Services Legal$5,000--$5,000
Other Expenses$4,609--$4,609
Travel$4,120--$4,120
Depreciation Depletion---$2,326
All Other Expenses$2,286--$2,286
Fees for Services Accounting$2,020--$2,020
Fees for Services Other$300$149-$449
Total Functional Expenses$249,112$15,363$0$476,518
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
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll liab$3,319
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, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Billings Pipe Trades Apprentice and
EIN
81-0344080
Phone
4062529371
Address
PO BOX 30616, BILLINGS, MT 59107

Signing Officer

Name
Mykal
Title
Jorgenson
Signed
2021-10-14
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Mt
Voting Board Members
9
Independent Board Members
0
Employees
0

Preparer

Firm
Theresa Sherbo CPA
Address
2047 Broadwater Ave Unit 3, Billings, MT 59102
Preparer
Theresa A Sherbo CPA
Phone
4069694455
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IRS990/PYContributionsGrantsAmt06810
IRS990/PYInvestmentIncomeAmt029741
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990/PYOtherRevenueAmt05834
IRS990/PYProgramServiceRevenueAmt0269457
IRS990/PYRevenuesLessExpensesAmt0-134325
IRS990/PYSalariesCompEmpBnftPaidAmt0283505
IRS990/PYTotalExpensesAmt0446167
IRS990/PYTotalRevenueAmt0311842
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-84155
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0392363
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt041384
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011062
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt09303
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02326
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011629
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03319
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll liab
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09303
IRS990ScheduleD/TotalLiabilityAmt03319
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0116966
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt065445
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Mykal Jorgenson
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Coordinator
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0182411
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0766282
IRS990/TotalAssetsEOYAmt0662116
IRS990/TotalAssetsGrp/BOYAmt0766282
IRS990/TotalAssetsGrp/EOYAmt0662116
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015363
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0249112
IRS990/TotalFunctionalExpensesGrp/TotalAmt0476518
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023330
IRS990/TotalLiabilitiesEOYAmt03319
IRS990/TotalLiabilitiesGrp/BOYAmt023330
IRS990/TotalLiabilitiesGrp/EOYAmt03319
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0742952
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0658797
IRS990/TotalOtherCompensationAmt066019
IRS990/TotalProgramServiceExpensesAmt0476518
IRS990/TotalProgramServiceRevenueAmt0315222
IRS990/TotalReportableCompFromOrgAmt0143698
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0392363
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0392363
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0766282
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0662116
IRS990/TravelGrp/ProgramServicesAmt04120
IRS990/TravelGrp/TotalAmt04120
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0PO BOX 30616
IRS990/USAddress/CityNm0BILLINGS
IRS990/USAddress/StateAbbreviationCd0MT
IRS990/USAddress/ZIPCd059107
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MYKAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0JORGENSON
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BILLINGS PIPE TRADES APPRENTICE AND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0JOURNEYMAN TRAINING FUND
ReturnHeader/Filer/BusinessNameControlTxt0BILL
ReturnHeader/Filer/EIN0810344080
ReturnHeader/Filer/PhoneNum04062529371
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 30616
ReturnHeader/Filer/USAddress/CityNm0BILLINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MT
ReturnHeader/Filer/USAddress/ZIPCd059107
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461956875
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Theresa Sherbo CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02047 Broadwater Ave Unit 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Billings
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd059102
ReturnHeader/PreparerPersonGrp/PhoneNum04069694455
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Theresa A Sherbo CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-10-14T12:32:13-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MYKAL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MYKAL
ReturnHeader/TaxPeriodBeginDt02020-08-01
ReturnHeader/TaxPeriodEndDt02021-07-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.70$0.04$7.74$6.14$5.42$0.72
2024Detailed filing. Detailed filing data is available for this year.$7.03$0.01$7.02$5.88$5.59$0.30
2023Detailed filing. Detailed filing data is available for this year.$6.70$0.03$6.72$5.68$4.72$0.96
2022Detailed filing. Detailed filing data is available for this year.$5.74$0.03$5.76$3.74$4.56$0.82
2021Detailed filing. Detailed filing data is available for this year.$6.62$0.03$6.59$3.92$4.77$0.84
2020Detailed filing. Detailed filing data is available for this year.$7.66$0.23$7.43$3.12$4.46$1.34
2019Detailed filing. Detailed filing data is available for this year.$8.77$0.00$8.77$5.71$3.91$1.79
2018Detailed filing. Detailed filing data is available for this year.$6.98$0.00$6.98$3.79$3.35$0.44
2017Detailed filing. Detailed filing data is available for this year.$6.54$0.00$6.54$3.97$3.37$0.60
2016Summary only. Only limited summary data is available for this year.$5.94$0.00$5.94$4.80$3.44$1.37
2015Summary only. Only limited summary data is available for this year.$4.58$0.00$4.58$3.50$3.44$0.06
2014Summary only. Only limited summary data is available for this year.$4.52$0.00$4.52$3.16$3.45$0.29
2013Summary only. Only limited summary data is available for this year.$4.81$0.00$4.81$5.27$3.58$1.68
2012Summary only. Only limited summary data is available for this year.$3.13$0.00$3.13$3.59$3.55$0.04
2011Summary only. Only limited summary data is available for this year.$3.09$0.00$3.09$2.63$3.34$0.71