Civic Intelligence

Milk River Inc.

990 • Fiscal year 2015 • EIN 81-0361168

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

219 2nd Ave SGlasgow, MT 59230-2314

(406) 228-8412

Siviq Scores

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

Liabilities / Assets

66th percentile

0.26x

Higher debt load relative to assets than 66% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

69th percentile

0.31x

Higher debt load relative to revenue than 69% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

61st percentile

6.6%

Higher net margin than 61% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

40th percentile

$36,017

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

76th percentile

12%

Faster asset growth than 76% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

21st percentile

-12%

Faster revenue growth than 21% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,907,369

Up $209,618 (+12%) from 2014

Net Assets

Up

$1,408,154

Up $104,442 (+8.0%) from 2014

Liabilities

Up

$499,215

Up $105,176 (+27%) from 2014

Revenue

Down

$1,600,811

Down $213,913 (-12%) from 2014

Expenses

Down

$1,495,619

Down $142,319 (-8.7%) from 2014

Net Income

Down

$105,192

Down $71,594 (-40%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,363,218Liabilities 2011: $442,510Net Assets 2011: $920,7082011Assets 2012: $1,607,595Liabilities 2012: $415,483Net Assets 2012: $1,192,1122012Assets 2013: $1,522,696Liabilities 2013: $402,946Net Assets 2013: $1,119,7502013Assets 2014: $1,697,751Liabilities 2014: $394,039Net Assets 2014: $1,303,7122014Assets 2015: $1,907,369Liabilities 2015: $499,215Net Assets 2015: $1,408,1542015Assets 2016: $1,705,171Liabilities 2016: $295,464Net Assets 2016: $1,409,7072016Assets 2017: $1,987,066Liabilities 2017: $389,898Net Assets 2017: $1,597,1682017Assets 2018: $1,999,568Liabilities 2018: $285,582Net Assets 2018: $1,713,9862018Assets 2019: $1,568,011Liabilities 2019: $274,663Net Assets 2019: $1,293,3482019Assets 2020: $1,464,398Liabilities 2020: $400,460Net Assets 2020: $1,063,9382020Assets 2021: $2,540,192Liabilities 2021: $213,249Net Assets 2021: $2,326,9432021Assets 2022: $1,433,443Liabilities 2022: $240,317Net Assets 2022: $1,193,1262022Assets 2023: $1,805,303Liabilities 2023: $223,285Net Assets 2023: $1,582,0182023Assets 2024: $2,030,507Liabilities 2024: $218,764Net Assets 2024: $1,811,7432024Assets 2025: $2,372,227Liabilities 2025: $206,809Net Assets 2025: $2,165,4182025

Highlighted filing

2015

Assets$1,907,369
Liabilities$499,215
Net Assets$1,408,154

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $1,371,5082011Expenses 2012: $1,418,4412012Expenses 2013: $1,592,0932013Revenue 2014: $1,814,724Expenses 2014: $1,637,938Net Income 2014: $176,7862014Revenue 2015: $1,600,811Expenses 2015: $1,495,619Net Income 2015: $105,1922015Revenue 2016: $1,401,540Expenses 2016: $1,390,597Net Income 2016: $10,9432016Revenue 2017: $1,606,179Expenses 2017: $1,424,249Net Income 2017: $181,9302017Revenue 2018: $1,520,676Expenses 2018: $1,404,284Net Income 2018: $116,3922018Revenue 2019: $1,128,255Expenses 2019: $1,665,285Net Income 2019: -$537,0302019Revenue 2020: $1,272,144Expenses 2020: $1,501,554Net Income 2020: -$229,4102020Revenue 2021: $1,259,159Expenses 2021: $1,332,059Net Income 2021: -$72,9002021Revenue 2022: $1,395,390Expenses 2022: $1,375,852Net Income 2022: $19,5382022Revenue 2023: $1,788,556Expenses 2023: $1,405,517Net Income 2023: $383,0392023Revenue 2024: $1,695,340Expenses 2024: $1,469,060Net Income 2024: $226,2802024Revenue 2025: $1,875,442Expenses 2025: $1,532,701Net Income 2025: $342,7412025

Highlighted filing

2015

Revenue$1,600,811
Expenses$1,495,619
Net Income$105,192
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$1,600,811
Mission and Program Overview

Mission

Assist individuals with disabilities.

Assist individuals with disabilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$444,698$837,163▲ $392,465
Savings and Temporary Cash Investments$960,374$783,793▼ $176,581
Pledges and Grants Receivable$85,318$154,293▲ $68,975
Investments in Publicly Traded Securities$48,821$52,831▲ $4,010
Cash and Non-Interest-Bearing Accounts$103,041$17,941▼ $85,100
Accounts Receivable$15,932$15,097▼ $835
Total Assets$1,697,751$1,907,369▲ $209,618
Other Assets Total$39,567$46,251▲ $6,684
Liabilities
Mortgage Notes Payable Secured by Investment Property$310,535$424,353▲ $113,818
Escrow Account Liability$39,567$46,362▲ $6,795
Accounts Payable and Accrued Expenses$43,937$28,500▼ $15,437
Total Liabilities$394,039$499,215▲ $105,176
Net Assets / Fund Balance
Unrestricted Net Assets$1,105,732$1,408,154▲ $302,422
Temporarily Rstr Net Assets$197,980--
Total Net Assets Fund Balance$1,303,712$1,408,154▲ $104,442
Total Liabilities and Net Assets / Fund Balance$1,697,751$1,907,369▲ $209,618

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$779,123$748,998$1,528,121
Equipment$48,040$180,839$228,879
Land$10,000-$10,000
Compensation and Service Providers

Employees

NameTitleBaseTotal
Marc WethernExecutive Di$36,017$36,017

Board Members and Trustees

NameTitle
Deb CornwellPresident
Jeff ColePresident
Bob HoffmanDirector
Bob LowenDirector
David PippinDirector
Diana MattfeldtDirector
Kris SimensenDirector
Mary MorehouseSecretary
Jeanine MarkleVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,350,820
Program Service Revenue
$234,847
Investment Income
$15,144
Other Revenue
$0
All Other Contributions
$61,978
Change in Net Assets
$105,192
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,128,407
Other Expenses$367,212
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$796,847$103,260-$900,107
Payroll Taxes$142,370$18,822-$161,192
Occupancy$92,378$23,095-$115,473
Current Officers, Directors, Trustees, and Key Employees$32,504$10,834-$43,338
Depreciation Depletion$37,720$3,073-$40,793
Insurance$37,670$2,341-$40,011
All Other Expenses$32,859$6,088-$38,947
Travel$36,001$495-$36,496
Interest$26,540--$26,540
Other Employee Benefits$22,448$1,322-$23,770
Fees for Services Accounting-$7,900-$7,900
Other Expenses$6,881$363-$7,244
Office Expenses$2,558$3,717-$6,275
Information Technology-$1,489-$1,489
Fees for Services Other-$389-$389
Advertising$340--$340
Total Functional Expenses$1,312,431$183,188$0$1,495,619
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner$16,815---
Radio Thon$11,470---
Total Events$28,285---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jeff ColeDirectorIns Agent - MedicalNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
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 organization will mail the form 990 to board members for their review after the return is filed.

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

Conflict of interest policy is discussed at least annually at board meetings and actions are taken if required.

Form 990, Page 6, Part VI, Line 19

All information is made available to the public during an annual meeting and upon request.

Filing and Contact Details

Filer

Filer Name
Milk River Inc
EIN
81-0361168
Phone
4062288412
Address
219 2ND AVE S, GLASGOW, MT 59230-2314

Signing Officer

Name
Marc Wethern
Title
Executive Director
Phone
4062288412
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marc Wethern
Formed
1976
Legal Domicile
Mt
Voting Board Members
7
Independent Board Members
7
Employees
77

Preparer

Firm
Brett Moats CPA
Address
PO BOX 610, MILES CITY, MT 59301
Preparer
Brett E Moats
Phone
4062331590
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

Organization maintains checking and saving accounts for consumers under their programs.

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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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ReturnHeader/BuildTS02016-08-17 19:52:53Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MARC WETHERN
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.37$0.21$2.17$1.88$1.53$0.34
2024Detailed filing. Detailed filing data is available for this year.$2.03$0.22$1.81$1.70$1.47$0.23
2023Detailed filing. Detailed filing data is available for this year.$1.81$0.22$1.58$1.79$1.41$0.38
2022Detailed filing. Detailed filing data is available for this year.$1.43$0.24$1.19$1.40$1.38$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.54$0.21$2.33$1.26$1.33$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.46$0.40$1.06$1.27$1.50$0.23
2019Summary only. Only limited summary data is available for this year.$1.57$0.27$1.29$1.13$1.67$0.54
2018Detailed filing. Detailed filing data is available for this year.$2.00$0.29$1.71$1.52$1.40$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.99$0.39$1.60$1.61$1.42$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.71$0.30$1.41$1.40$1.39$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.91$0.50$1.41$1.60$1.50$0.11
2014Detailed filing. Detailed filing data is available for this year.$1.70$0.39$1.30$1.81$1.64$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.40$1.12$1.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$0.42$1.19$1.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.44$0.92$1.37