Civic Intelligence

Flathead Library Foundation

990 • Fiscal year 2017 • EIN 81-0460195

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 15, 2017

247 First Ave EastKalispell, MT 59901

(406) 758-2469

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

44th percentile

0.07x

Higher debt load relative to revenue than 44% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

76th percentile

17%

Higher net margin than 76% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

50th percentile

3.1%

Faster asset growth than 50% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

84th percentile

40%

Faster revenue growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,028,941

Up $30,715 (+3.1%) from 2016

Net Assets

Up

$1,016,334

Up $21,678 (+2.2%) from 2016

Liabilities

Up

$12,607

Up $9,037 (+253%) from 2016

Revenue

Up

$170,903

Up $48,680 (+40%) from 2016

Expenses

Up

$141,104

Up $6,952 (+5.2%) from 2016

Net Income

Up

$29,799

Up $41,728 (+350%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $744,766Liabilities 2012: $0Net Assets 2012: $744,7662012Assets 2013: $872,660Liabilities 2013: $0Net Assets 2013: $872,6602013Assets 2014: $917,214Liabilities 2014: $0Net Assets 2014: $917,2142014Assets 2015: $921,820Liabilities 2015: $7,515Net Assets 2015: $914,3052015Assets 2016: $998,226Liabilities 2016: $3,570Net Assets 2016: $994,6562016Assets 2017: $1,028,941Liabilities 2017: $12,607Net Assets 2017: $1,016,3342017Assets 2018: $1,182,093Liabilities 2018: $8,096Net Assets 2018: $1,173,9972018Assets 2019: $1,341,581Liabilities 2019: $226,051Net Assets 2019: $1,115,5302019Assets 2020: $1,462,632Liabilities 2020: $142,378Net Assets 2020: $1,320,2542020Assets 2021: $1,654,917Liabilities 2021: $1,380Net Assets 2021: $1,653,5372021Assets 2022: $1,750,411Liabilities 2022: $1,512Net Assets 2022: $1,748,8992022Assets 2023: $1,661,901Liabilities 2023: $0Net Assets 2023: $1,661,9012023Assets 2024: $1,453,125Liabilities 2024: $77,215Net Assets 2024: $1,375,9102024Assets 2025: $990,909Liabilities 2025: $0Net Assets 2025: $990,9092025

Highlighted filing

2017

Assets$1,028,941
Liabilities$12,607
Net Assets$1,016,334

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2012: $49,052Expenses 2012: $127,909Net Income 2012: -$78,8572012Expenses 2013: $14,1212013Revenue 2014: $86,328Expenses 2014: $78,937Net Income 2014: $7,3912014Revenue 2015: $133,308Expenses 2015: $116,800Net Income 2015: $16,5082015Revenue 2016: $122,223Expenses 2016: $134,152Net Income 2016: -$11,9292016Revenue 2017: $170,903Expenses 2017: $141,104Net Income 2017: $29,7992017Revenue 2018: $283,769Expenses 2018: $136,644Net Income 2018: $147,1252018Revenue 2019: $184,386Expenses 2019: $160,300Net Income 2019: $24,0862019Revenue 2020: $424,429Expenses 2020: $172,402Net Income 2020: $252,0272020Revenue 2021: $345,596Expenses 2021: $203,111Net Income 2021: $142,4852021Revenue 2022: $303,149Expenses 2022: $140,598Net Income 2022: $162,5512022Revenue 2023: $223,581Expenses 2023: $224,191Net Income 2023: -$6102023Revenue 2024: $1,393,502Expenses 2024: $1,711,241Net Income 2024: -$317,7392024Revenue 2025: $1,016,378Expenses 2025: $1,432,209Net Income 2025: -$415,8312025

Highlighted filing

2017

Revenue$170,903
Expenses$141,104
Net Income$29,799
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 15, 2017
Return Version
2016v3.0
Gross Receipts
$350,672
Mission and Program Overview

Mission

The flathead library fundation's mission is to raise private dollars to enhance the patron services of flathead county libraries. The flathead county library foundation works closely with the flathead county library board and the flathead county library director to fund programs and services, materials, and facility upgrades not included in the county library budget.

Receive, invest, and disburse funds of real or personal property exclusively for the charitable, literary, or education purposes for the benefit of flathead county library system and its patrons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$872,280$925,124▲ $52,844
Savings and Temporary Cash Investments$97,603$83,820▼ $13,783
Land, Buildings, and Equipment, Net$25,401--
Cash and Non-Interest-Bearing Accounts$2,497$19,552▲ $17,055
Accounts Receivable$445$445→ $0
Total Assets$998,226$1,028,941▲ $30,715
Liabilities
Other Liabilities$1,361$10,408▲ $9,047
Accounts Payable and Accrued Expenses$2,209$2,199▼ $10
Total Liabilities$3,570$12,607▲ $9,037
Net Assets / Fund Balance
Unrestricted Net Assets$988,656$1,010,334▲ $21,678
Temporarily Rstr Net Assets$6,000$6,000→ $0
Total Net Assets Fund Balance$994,656$1,016,334▲ $21,678
Total Liabilities and Net Assets / Fund Balance$998,226$1,028,941▲ $30,715
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carla FisherPresident
Adele MurphyBoard Member
Anne BibyBoard Member
Barbara GutschenritterBoard Member
Diane YarusBoard Member
Laura BeanBoard Member
Marilyn SiessBoard Member
Marylane PannellBoard Member
Mb BertramBoard Member
Susie BurchBoard Member
Terry GuidiBoard Member
Kim CrowleyCorporate Se
Carol SantaSecretary
Cathy MeredithTreasurer
Roy BeekmanVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$47,204
Program Service Revenue
$0
Investment Income
$103,884
Other Revenue
$19,815
All Other Contributions
$47,204
Change in Net Assets
$29,799
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$100,847
Salaries, Compensation, and Employee Benefits$40,257
Total Fundraising Expense$7,686
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$37,027-$37,027
Office Expenses-$4,823$7,686$12,509
Fees for Services Accounting-$5,131-$5,131
Payroll Taxes-$3,230-$3,230
Other Expenses$4,752$2,270-$2,270
Occupancy-$2,000-$2,000
All Other Expenses-$1,398-$1,398
Insurance-$996-$996
Depreciation Depletion-$317-$317
Information Technology-$308-$308
Fees for Service Investment Mgmnt Fees-$244-$244
Total Functional Expenses$75,674$57,744$7,686$141,104
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,815
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$19,815$19,815-$19,815
Total Events$19,815$19,815-$19,815
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Comitted to Library$8,503
Payroll Liabilities$1,905
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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

A copy of the tax return is submitted to all board members, reviewed, and discussed prior to filing.

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

Discussion at board meeting (if necessary).

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request

Filing and Contact Details

Filer

Filer Name
Flathead Cty Library Foundationinc
EIN
81-0460195
Phone
4067582469
Address
247 FIRST AVE EAST, KALISPELL, MT 59901

Signing Officer

Name
Cathy Meredith
Title
Treasurer
Phone
4062501107
Signed
2017-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carla Fisher
Formed
1989
Legal Domicile
Mt
Voting Board Members
15
Independent Board Members
15
Employees
1

Preparer

Firm
Bratz & Associates Cpas
Address
428 1ST AVE W, KALISPELL, MT 59901-4836
Preparer
Mark F Bratz CPA
Phone
4067562721
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Adjustment in fund balance 0

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IRS990/PYTotalExpensesAmt0134152
IRS990/PYTotalRevenueAmt0122223
IRS990/ReconcilationRevenueExpnssAmt029799
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt097603
IRS990/SavingsAndTempCashInvstGrp/EOYAmt083820
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 78,723
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt047204
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt055801
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt074063
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt022219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt033173
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0232460
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt025271
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt024978
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt023727
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023818
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt023587
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0121381
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt019815
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt016089
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt016381
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt025937
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt020316
IRS990ScheduleA/OtherIncome170Grp/TotalAmt098538
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IRS990ScheduleA/PublicSupportCY170Pct00.51390
IRS990ScheduleA/PublicSupportPY170Pct00.51080
IRS990ScheduleA/PublicSupportTotal170Amt0232460
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt047204
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt055801
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt074063
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt022219
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt033173
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0232460
IRS990ScheduleA/TotalSupportAmt0452379
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08503
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11905
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS COMITTED TO LIBRARY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/TotalLiabilityAmt010408
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019815
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt019815
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019815
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt019815
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt019815
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE TAX RETURN IS SUBMITTED TO ALL BOARD MEMBERS, REVIEWED, AND DISCUSSED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DISCUSSION AT BOARD MEETING (IF NECESSARY).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADJUSTMENT IN FUND BALANCE 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt06000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt06000
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IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0998226
IRS990/TotalAssetsEOYAmt01028941
IRS990/TotalAssetsGrp/BOYAmt0998226
IRS990/TotalAssetsGrp/EOYAmt01028941
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IRS990/TotalContributionsAmt047204
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07686
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057744
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt075674
IRS990/TotalFunctionalExpensesGrp/TotalAmt0141104
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03570
IRS990/TotalLiabilitiesEOYAmt012607
IRS990/TotalLiabilitiesGrp/BOYAmt03570
IRS990/TotalLiabilitiesGrp/EOYAmt012607
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0994656
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01016334
IRS990/TotalProgramServiceExpensesAmt075674
IRS990/TotalRevenueGrp/ExclusionAmt045086
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt078613
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0170903
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0998226
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01028941
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0988656
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01010334
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0433 2ND AVENUE EAST
IRS990/USAddress/CityNm0COLUMBIA FALLS
IRS990/USAddress/StateAbbreviationCd0MT
IRS990/USAddress/ZIPCd059912
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.FLATHEADCOUNTYLIBRARY.ORG/FOUNDATI
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CATHY MEREDITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04062501107
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLATHEAD CTY LIBRARY FOUNDATIONINC
ReturnHeader/Filer/BusinessNameControlTxt0FLAT
ReturnHeader/Filer/EIN0810460195
ReturnHeader/Filer/PhoneNum04067582469
ReturnHeader/Filer/USAddress/AddressLine1Txt0247 FIRST AVE EAST
ReturnHeader/Filer/USAddress/CityNm0KALISPELL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MT
ReturnHeader/Filer/USAddress/ZIPCd059901
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId095365F685C49FD352F6EBF8C2F90AC643C90230B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId095365F685C49FD352F6EBF8C2F90AC643C90230B
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810539709
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRATZ & ASSOCIATES CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0428 1ST AVE W
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KALISPELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0599014836
ReturnHeader/PreparerPersonGrp/PhoneNum04067562721
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK F BRATZ CPA
ReturnHeader/ReturnTs02017-11-09T15:27:29-07:00
ReturnHeader/ReturnTypeCd0990

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.$0.99$0.00$0.99$1.02$1.43$0.42
2024Detailed filing. Detailed filing data is available for this year.$1.45$0.08$1.38$1.39$1.71$0.32
2023Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$0.22$0.22$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.75$0.00$1.75$0.30$0.14$0.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.00$1.65$0.35$0.20$0.14
2020Summary only. Only limited summary data is available for this year.$1.46$0.14$1.32$0.42$0.17$0.25
2019Detailed filing. Detailed filing data is available for this year.$1.34$0.23$1.12$0.18$0.16$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.18$0.01$1.17$0.28$0.14$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.03$0.01$1.02$0.17$0.14$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.00$0.99$0.12$0.13$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.92$0.01$0.91$0.13$0.12$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.09$0.08$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.87$0.01
2012Summary only. Only limited summary data is available for this year.$0.74$0.00$0.74$0.05$0.13$0.08