Civic Intelligence

Forsyth Development Foundation DBA Riverview Villa

990 • Fiscal year 2017 • EIN 81-0502764

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 06, 2018

PO Box 398Forsyth, MT 59327

(406) 252-3773

Siviq Scores

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

Liabilities / Assets

64th percentile

0.11x

Higher debt load relative to assets than 64% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

72nd percentile

0.16x

Higher debt load relative to revenue than 72% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

74th percentile

17%

Higher net margin than 74% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

65th percentile

10%

Faster asset growth than 65% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

40th percentile

0.1%

Faster revenue growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$508,362

Up $46,333 (+10%) from 2016

Net Assets

Up

$453,378

Up $60,943 (+16%) from 2016

Liabilities

Down

$54,984

Down $14,610 (-21%) from 2016

Revenue

Up

$352,450

Up $367 (+0.1%) from 2016

Expenses

Down

$291,507

Down $12,133 (-4.0%) from 2016

Net Income

Up

$60,943

Up $12,500 (+26%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $346,675Liabilities 2011: $50,402Net Assets 2011: $296,2732011Assets 2012: $366,040Liabilities 2012: $62,990Net Assets 2012: $303,0502012Assets 2013: $406,798Liabilities 2013: $73,758Net Assets 2013: $333,0402013Assets 2014: $382,454Liabilities 2014: $79,449Net Assets 2014: $303,0052014Assets 2015: $422,110Liabilities 2015: $78,118Net Assets 2015: $343,9922015Assets 2016: $462,029Liabilities 2016: $69,594Net Assets 2016: $392,4352016Assets 2017: $508,362Liabilities 2017: $54,984Net Assets 2017: $453,3782017Assets 2018: $781,520Liabilities 2018: $288,895Net Assets 2018: $492,6252018Assets 2019: $613,171Liabilities 2019: $97,469Net Assets 2019: $515,7022019Assets 2020: $670,094Liabilities 2020: $70,091Net Assets 2020: $600,0032020Assets 2021: $735,071Liabilities 2021: $62,012Net Assets 2021: $673,0592021Assets 2022: $789,048Liabilities 2022: $64,150Net Assets 2022: $724,8982022Assets 2023: $1,407,310Liabilities 2023: $668,996Net Assets 2023: $738,3142023Assets 2024: $1,382,154Liabilities 2024: $633,693Net Assets 2024: $748,4612024

Highlighted filing

2017

Assets$508,362
Liabilities$54,984
Net Assets$453,378

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $256,3842011Expenses 2012: $296,5652012Revenue 2013: $311,298Expenses 2013: $293,104Net Income 2013: $18,1942013Revenue 2014: $325,846Expenses 2014: $355,430Net Income 2014: -$29,5842014Revenue 2015: $338,400Expenses 2015: $313,540Net Income 2015: $24,8602015Revenue 2016: $352,083Expenses 2016: $303,640Net Income 2016: $48,4432016Revenue 2017: $352,450Expenses 2017: $291,507Net Income 2017: $60,9432017Revenue 2018: $361,605Expenses 2018: $322,358Net Income 2018: $39,2472018Revenue 2019: $364,197Expenses 2019: $341,120Net Income 2019: $23,0772019Revenue 2020: $433,824Expenses 2020: $349,523Net Income 2020: $84,3012020Revenue 2021: $401,172Expenses 2021: $328,116Net Income 2021: $73,0562021Revenue 2022: $421,320Expenses 2022: $369,481Net Income 2022: $51,8392022Revenue 2023: $443,544Expenses 2023: $425,414Net Income 2023: $18,1302023Revenue 2024: $454,050Expenses 2024: $443,903Net Income 2024: $10,1472024

Highlighted filing

2017

Revenue$352,450
Expenses$291,507
Net Income$60,943
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 6, 2018
Return Version
2017v2.2
Gross Receipts
$352,450
Mission and Program Overview

Mission

Assistance in the recreational and developmental growth of the community of forsyth, mt.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$316,985$307,502▼ $9,483
Cash and Non-Interest-Bearing Accounts$35,851$55,820▲ $19,969
Prepaid Expenses and Deferred Charges$16,613$16,722▲ $109
Accounts Receivable$309$226▼ $83
Savings and Temporary Cash Investments-$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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$462,029$508,362▲ $46,333
Other Assets Total$92,271$128,092▲ $35,821
Liabilities
Other Liabilities$47,692$47,536▼ $156
Accounts Payable and Accrued Expenses$10,595$6,798▼ $3,797
Deferred Revenue$11,307$650▼ $10,657
Total Liabilities$69,594$54,984▼ $14,610
Net Assets / Fund Balance
Unrestricted Net Assets$392,435$453,378▲ $60,943
Total Net Assets Fund Balance$392,435$453,378▲ $60,943
Total Liabilities and Net Assets / Fund Balance$462,029$508,362▲ $46,333

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$222,085$127,748$349,833
Other Land Buildings$85,417$176,519$261,936
Other Assets Org$41,499--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cindy LarsenDirector
Gene KurtzDirector
Leona PetroDirector
Robert MartelleDirector
Wayne PesterDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$352,413
Investment Income
$37
Other Revenue
$0
Change in Net Assets
$60,943

Audited Revenue Reconciliation

Revenue per Audited Statements
$352,450
Total Revenue per Audited Statements
$352,450
Total Revenue per Form 990
$352,450
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$291,507
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
Occupancy$162,152--$162,152
Fees for Services Other$22,513$21,050-$43,563
Depreciation Depletion$29,329--$29,329
Insurance$20,104--$20,104
Fees for Services Management-$20,009-$20,009
Office Expenses$5,319--$5,319
Advertising$1,362--$1,362
Conferences and Meetings$847--$847
Fees for Services Accounting-$750-$750
Other Expenses$446--$446
All Other Expenses$57--$57
Total Functional Expenses$249,698$41,809$0$291,507

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$291,507
Total Expenses per Audited Statements$291,507
Total Expenses per Form 990$291,507
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
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
Tenant Security Deposits$30,036
Accrued Lease Payments$17,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
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

Three members of the board of directors review the form 990 before it is filed.

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

The governing, organization policies, tax returns and financial statements are made available to the city council of forsyth, mt on a regular basis. The signed form 990 can be found by searching the internet. A suggested site is guidestar. The form 990 is also available upon request.

Filing and Contact Details

Filer

Filer Name
Forsyth Development Foundation
EIN
81-0502764
Phone
4062523773
Address
PO BOX 398, FORSYTH, MT 59327

Signing Officer

Name
Robert Martelle
Title
Director
Signed
2018-11-06
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Mt
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Mrachek Popp & Associates PC
Address
404 North 31st Suite 400, Billings, MT 59101
Preparer
Gregory Popp
Phone
4062526301
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

Management and full board review and approve audit.

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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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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt060943
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0348450
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt029
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt040
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt056
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0190
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0352413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0352054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0338372
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0325846
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0311242
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01679927
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt029
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt040
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0190
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt01679927
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0352413
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0352054
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0338372
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0325846
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0311242
IRS990ScheduleA/Total509Grp/TotalAmt01679927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0352450
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0352083
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0338400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0325886
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0311298
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01680117
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0222085
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0127748
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0349833
IRS990ScheduleD/ExpensesSubtotalAmt0291507
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt086593
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt141499
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ESCROW ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT ACCOUNT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt085417
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0176519
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0261936
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt130036
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LEASE PAYMENTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0352450
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0307502
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0128092
IRS990ScheduleD/TotalExpensesPerForm990Amt0291507
IRS990ScheduleD/TotalLiabilityAmt047536
IRS990ScheduleD/TotalRevenuePerForm990Amt0352450
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0352450
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0291507
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THREE MEMBERS OF THE BOARD OF DIRECTORS REVIEW THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING, ORGANIZATION POLICIES, TAX RETURNS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE CITY COUNCIL OF FORSYTH, MT ON A REGULAR BASIS. THE SIGNED FORM 990 CAN BE FOUND BY SEARCHING THE INTERNET. A SUGGESTED SITE IS GUIDESTAR. THE FORM 990 IS ALSO AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT AND FULL BOARD REVIEW AND APPROVE AUDIT.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XII, Line 2: Change of Oversight or Selection Process
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0462029
IRS990/TotalAssetsEOYAmt0508362
IRS990/TotalAssetsGrp/BOYAmt0462029
IRS990/TotalAssetsGrp/EOYAmt0508362
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt041809
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0249698
IRS990/TotalFunctionalExpensesGrp/TotalAmt0291507
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt069594
IRS990/TotalLiabilitiesEOYAmt054984
IRS990/TotalLiabilitiesGrp/BOYAmt069594
IRS990/TotalLiabilitiesGrp/EOYAmt054984
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0392435
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0453378
IRS990/TotalProgramServiceExpensesAmt0249698
IRS990/TotalProgramServiceRevenueAmt0352413
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0352450
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0352450
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0462029
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0508362
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0392435
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0453378
IRS990/UponRequestInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.38$0.63$0.75$0.45$0.44$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.41$0.67$0.74$0.44$0.43$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.79$0.06$0.72$0.42$0.37$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.74$0.06$0.67$0.40$0.33$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.07$0.60$0.43$0.35$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.10$0.52$0.36$0.34$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.78$0.29$0.49$0.36$0.32$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.51$0.05$0.45$0.35$0.29$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.46$0.07$0.39$0.35$0.30$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.42$0.08$0.34$0.34$0.31$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.08$0.30$0.33$0.36$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.41$0.07$0.33$0.31$0.29$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.06$0.30$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.05$0.30$0.26