Civic Intelligence

Bhs Inc

990 • Fiscal year 2021 • EIN 81-0439251

Oct 01, 2020 to Sep 30, 2021 • Filed on Feb 11, 2021

PO Box 1027Miles City, MT 59301

(406) 874-2825

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

27th percentile

0.00x

Higher debt load relative to revenue than 27% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Net Margin

45th percentile

11%

Higher net margin than 45% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

61st percentile

$0

Higher top officer pay than 61% of similar nonprofits.

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

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Asset Growth

86th percentile

36%

Faster asset growth than 86% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

100th percentile

4487%

Faster revenue growth than 100% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$624,416

Up $163,673 (+36%) from 2020

Net Assets

Up

$624,334

Up $163,591 (+36%) from 2020

Liabilities

Up

$82

Up $82 from 2020

Revenue

Up

$1,523,846

Up $1,490,628 (+4487%) from 2020

Expenses

Up

$1,360,255

Up $1,294,806 (+1978%) from 2020

Net Income

Up

$163,591

Up $195,822 (+608%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $253,574Liabilities 2011: $0Net Assets 2011: $253,5742011Assets 2012: $338,274Liabilities 2012: $0Net Assets 2012: $338,2742012Assets 2013: $392,113Liabilities 2013: $0Net Assets 2013: $392,1132013Assets 2014: $427,151Liabilities 2014: $0Net Assets 2014: $427,1512014Assets 2015: $436,357Liabilities 2015: $134Net Assets 2015: $436,2232015Assets 2016: $467,964Liabilities 2016: $21Net Assets 2016: $467,9432016Assets 2017: $492,372Liabilities 2017: $18Net Assets 2017: $492,3542017Assets 2018: $496,526Liabilities 2018: $40Net Assets 2018: $496,4862018Assets 2019: $493,018Liabilities 2019: $44Net Assets 2019: $492,9742019Assets 2020: $460,743Liabilities 2020: $0Net Assets 2020: $460,7432020Assets 2021: $624,416Liabilities 2021: $82Net Assets 2021: $624,3342021Assets 2022: $616,353Liabilities 2022: $0Net Assets 2022: $616,3532022Assets 2023: $603,085Liabilities 2023: $120Net Assets 2023: $602,9652023Assets 2024: $547,600Liabilities 2024: $75Net Assets 2024: $547,5252024Assets 2025: $503,345Liabilities 2025: $0Net Assets 2025: $503,3452025

Highlighted filing

2021

Assets$624,416
Liabilities$82
Net Assets$624,334

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: -$22,461Expenses 2011: $12,075Net Income 2011: -$34,5362011Expenses 2012: $463,9862012Revenue 2013: $571,273Expenses 2013: $517,434Net Income 2013: $53,8392013Revenue 2014: $610,961Expenses 2014: $575,923Net Income 2014: $35,0382014Revenue 2015: $632,137Expenses 2015: $623,065Net Income 2015: $9,0722015Revenue 2016: $742,753Expenses 2016: $711,033Net Income 2016: $31,7202016Revenue 2017: $726,119Expenses 2017: $701,708Net Income 2017: $24,4112017Revenue 2018: $735,735Expenses 2018: $731,603Net Income 2018: $4,1322018Revenue 2019: $684,553Expenses 2019: $688,065Net Income 2019: -$3,5122019Revenue 2020: $33,218Expenses 2020: $65,449Net Income 2020: -$32,2312020Revenue 2021: $1,523,846Expenses 2021: $1,360,255Net Income 2021: $163,5912021Revenue 2022: $1,455,430Expenses 2022: $1,463,411Net Income 2022: -$7,9812022Revenue 2023: $1,574,379Expenses 2023: $1,587,767Net Income 2023: -$13,3882023Revenue 2024: $1,942,293Expenses 2024: $1,997,733Net Income 2024: -$55,4402024Revenue 2025: $1,848,823Expenses 2025: $1,893,003Net Income 2025: -$44,1802025

Highlighted filing

2021

Revenue$1,523,846
Expenses$1,360,255
Net Income$163,591
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Feb 11, 2021
Return Version
2020v4.0
Gross Receipts
$1,523,846
Mission and Program Overview

Mission

Provide community entertainment event

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$460,743$624,334▲ $163,591
Savings and Temporary Cash Investments$414,610$425,599▲ $10,989
Cash and Non-Interest-Bearing Accounts$46,133$198,817▲ $152,684
Total Assets$460,743$624,416▲ $163,673
Liabilities
Other Liabilities-$82-
Total Liabilities$0$82▲ $82
Net Assets / Fund Balance
Total Net Assets Fund Balance$460,743$624,334▲ $163,591
Total Liabilities and Net Assets / Fund Balance$460,743$624,416▲ $163,673

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$91,125$91,125
Compensation and Service Providers

Board Members and Trustees

NameTitle
John MorfordPresident
Bart MegedDirector
Brian NanselDirector
Dirk DoedenDirector
Justin McphersonDirector
Patrick MerillDirector
Robert TookeDirector
Ron WattsDirector
Tony WilliamsDirector
Tracy HaukDirector
William S HoversonDirector
Karl DrgaTreasurer
Craig MillerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$66,744
Program Service Revenue
$0
Investment Income
$4,088
Other Revenue
$1,453,014
Change in Net Assets
$163,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,280,390
Salaries, Compensation, and Employee Benefits$75,865
Grants and Similar Amounts Paid$4,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$129,002--$129,002
Depreciation Depletion$85,925--$85,925
Other Salaries and Wages$70,589--$70,589
Advertising$52,585--$52,585
Other Expenses$49,026--$49,026
Occupancy$36,121$192-$36,313
Office Expenses$13,133--$13,133
Fees for Services Accounting-$7,375-$7,375
Payroll Taxes$5,276--$5,276
Insurance$4,913--$4,913
Grants to Domestic Orgs$4,000--$4,000
Total Functional Expenses$1,352,688$7,567$0$1,360,255
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liab$54
Credit Card Payable$28
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, Page 6, Part VI, Line 11B

Form 990 was reviewed at a regular meeting of the board of directors of bhs inc. Any director not at the regular meeting was emailed a copy of the return for review.

Form 990, Page 6, Part VI, Line 19

Financial information is available upon request from the bhs, inc office.

Filing and Contact Details

Filer

Filer Name
Bhs Inc
EIN
81-0439251
Phone
4068742825
Address
PO BOX 1027, MILES CITY, MT 59301

Signing Officer

Name
Karl Drga
Title
Treasurer
Phone
4068742825
Signed
2021-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karl Drga
Formed
1986
Legal Domicile
Mt
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Rusty G Knuths CPA
Address
824 ISMAY ROAD SOUTH, ISMAY, MT 59336-9442
Preparer
Rusty G Knuths
Phone
4068538530
Supplemental Narrative

Additional Explanations

Form 990

The bucking horse sale event for 2020 was cancelled due to covid-19 concerns.

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

Bhs is organized to hold a community entertainment event that generates tourism, provides entertainment opportunities and creates economic influx to the area over a 3 or 4 day period.

Raw XML Appendix342 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 BUCKING HORSE SALE EVENT FOR 2020 WAS CANCELLED DUE TO COVID-19 CONCERNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BHS IS ORGANIZED TO HOLD A COMMUNITY ENTERTAINMENT EVENT THAT GENERATES TOURISM, PROVIDES ENTERTAINMENT OPPORTUNITIES AND CREATES ECONOMIC INFLUX TO THE AREA OVER A 3 OR 4 DAY PERIOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WAS REVIEWED AT A REGULAR MEETING OF THE BOARD OF DIRECTORS OF BHS INC. ANY DIRECTOR NOT AT THE REGULAR MEETING WAS EMAILED A COPY OF THE RETURN FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL INFORMATION IS AVAILABLE UPON REQUEST FROM THE BHS, INC OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0460743
IRS990/TotalAssetsEOYAmt0624416
IRS990/TotalAssetsGrp/BOYAmt0460743
IRS990/TotalAssetsGrp/EOYAmt0624416
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt066744
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07567
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01352688
IRS990/TotalFunctionalExpensesGrp/TotalAmt01360255
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt082
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt082
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0460743
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0624334
IRS990/TotalOtherProgSrvcExpenseAmt01348688
IRS990/TotalProgramServiceExpensesAmt01352688
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01457102
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01523846
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0460743
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0624416
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0116 BIG SKY LANE
IRS990/USAddress/CityNm0MILES CITY
IRS990/USAddress/StateAbbreviationCd0MT
IRS990/USAddress/ZIPCd059301
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.BUCKINGHORSESALE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KARL DRGA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04068742825
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BHS INC
ReturnHeader/Filer/BusinessNameControlTxt0BHSI
ReturnHeader/Filer/EIN0810439251
ReturnHeader/Filer/PhoneNum04068742825
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1027
ReturnHeader/Filer/USAddress/CityNm0MILES CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MT
ReturnHeader/Filer/USAddress/ZIPCd059301
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462655332
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUSTY G KNUTHS CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0824 ISMAY ROAD SOUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ISMAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0593369442
ReturnHeader/PreparerPersonGrp/PhoneNum04068538530
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RUSTY G KNUTHS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-02-15T13:39:24-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KARL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DRGA
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$1.85$1.89$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$1.94$2.00$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$1.57$1.59$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$1.46$1.46$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$1.52$1.36$0.16
2020Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.03$0.07$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.68$0.69$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.74$0.73$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.73$0.70$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.74$0.71$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.63$0.62$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.61$0.58$0.04
2013Summary only. Only limited summary data is available for this year.$0.39$0.00$0.39$0.57$0.52$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.00$0.34$0.46
2011Summary only. Only limited summary data is available for this year.$0.25$0.00$0.25$0.02$0.01$0.03