Civic Intelligence

Valley County Community Foundation Inc.

990 • Fiscal year 2020 • EIN 81-0526746

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

PO Box 304Glasgow, MT 59230-0304

(406) 228-8261

Siviq Scores

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

Liabilities / Assets

57th percentile

0.15x

Higher debt load relative to assets than 57% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

2.83x

Higher debt load relative to revenue than 92% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

18th percentile

-16%

Higher net margin than 18% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

64th percentile

13%

Faster asset growth than 64% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

84th percentile

38%

Faster revenue growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,472,218

Up $169,821 (+13%) from 2019

Net Assets

Up

$1,254,929

Up $151,627 (+14%) from 2019

Liabilities

Up

$217,289

Up $18,194 (+9.1%) from 2019

Revenue

Up

$76,670

Up $21,040 (+38%) from 2019

Expenses

Down

$88,937

Down $949 (-1.1%) from 2019

Net Income

Up

-$12,267

Up $21,989 (+64%) from 2019

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 2010: $500,817Liabilities 2010: $174,789Net Assets 2010: $326,0282010Assets 2011: $478,826Liabilities 2011: $163,198Net Assets 2011: $315,6282011Assets 2012: $519,530Liabilities 2012: $173,044Net Assets 2012: $346,4862012Assets 2013: $599,853Liabilities 2013: $197,200Net Assets 2013: $402,6532013Assets 2014: $670,324Liabilities 2014: $197,656Net Assets 2014: $472,6682014Assets 2015: $775,513Liabilities 2015: $190,970Net Assets 2015: $584,5432015Assets 2016: $800,942Liabilities 2016: $182,981Net Assets 2016: $617,9612016Assets 2017: $1,180,812Liabilities 2017: $202,582Net Assets 2017: $978,2302017Assets 2018: $1,139,384Liabilities 2018: $180,102Net Assets 2018: $959,2822018Assets 2019: $1,302,397Liabilities 2019: $199,095Net Assets 2019: $1,103,3022019Assets 2020: $1,472,218Liabilities 2020: $217,289Net Assets 2020: $1,254,9292020Assets 2021: $1,680,037Liabilities 2021: $243,982Net Assets 2021: $1,436,0552021Assets 2022: $1,452,096Liabilities 2022: $200,922Net Assets 2022: $1,251,1742022Assets 2023: $1,503,819Liabilities 2023: $212,099Net Assets 2023: $1,291,7202023Assets 2024: $1,639,118Liabilities 2024: $229,010Net Assets 2024: $1,410,1082024

Highlighted filing

2020

Assets$1,472,218
Liabilities$217,289
Net Assets$1,254,929

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $12,2422010Expenses 2011: $22,7172011Expenses 2012: $18,8912012Revenue 2013: $21,207Expenses 2013: $22,486Net Income 2013: -$1,2792013Revenue 2014: $86,340Expenses 2014: $59,837Net Income 2014: $26,5032014Revenue 2015: $132,171Expenses 2015: $33,488Net Income 2015: $98,6832015Revenue 2016: $49,784Expenses 2016: $141,580Net Income 2016: -$91,7962016Revenue 2017: $302,368Expenses 2017: $224,045Net Income 2017: $78,3232017Revenue 2018: $65,202Expenses 2018: $184,147Net Income 2018: -$118,9452018Revenue 2019: $55,630Expenses 2019: $89,886Net Income 2019: -$34,2562019Revenue 2020: $76,670Expenses 2020: $88,937Net Income 2020: -$12,2672020Revenue 2021: $60,478Expenses 2021: $116,656Net Income 2021: -$56,1782021Revenue 2022: $52,401Expenses 2022: $99,607Net Income 2022: -$47,2062022Revenue 2023: $33,633Expenses 2023: $131,522Net Income 2023: -$97,8892023Revenue 2024: $32,742Expenses 2024: $88,341Net Income 2024: -$55,5992024

Highlighted filing

2020

Revenue$76,670
Expenses$88,937
Net Income-$12,267
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$76,670
Mission and Program Overview

Mission

To educate the community on the value of philanthropy and to fund projects in five areas of common life in valley county: arts and culture, basic human needs, economic development, education, and natural resources and conservation.

To fund worthy projects in valley county, montana. To include local government entities and non profits with a 501(c)(3) designation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,183,116$1,328,344▲ $145,228
Savings and Temporary Cash Investments$119,281$143,874▲ $24,593
Total Assets$1,302,397$1,472,218▲ $169,821
Liabilities
Other Liabilities$199,095$217,289▲ $18,194
Total Liabilities$199,095$217,289▲ $18,194
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,095,112$1,248,773▲ $153,661
Net Assets Without Donor Restrictions$8,190$6,156▼ $2,034
Total Net Assets Fund Balance$1,103,302$1,254,929▲ $151,627
Total Liabilities and Net Assets / Fund Balance$1,302,397$1,472,218▲ $169,821

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,328,344--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Doris LeaderPresident
Sam WatersVice President
Cynthia MarkleDirector
Gary WagemanDirector
Jean CarlsonDirector
Jeffrey SandersDirector
Ken JansaDirector
Stacey AlbusDirector
Whitney TatafuDirector
Darla LarsonSecretary
Margareta WalstadTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$75,968
Program Service Revenue
$0
Investment Income
$702
Other Revenue
$0
All Other Contributions
$75,968
Change in Net Assets
$-12,267
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$86,487
Other Expenses$2,450
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$77,412--$77,412
Grants to Domestic Individuals$9,075--$9,075
Office Expenses-$1,359-$1,359
Fees for Services Accounting-$475-$475
Information Technology-$325-$325
Other Expenses-$291-$291
Total Functional Expenses$86,487$2,450$0$88,937
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Montana Community FoundationHelena, MT-Contributions of an Endowment to Support Our Operations.$42,100
Glasgow Reds American Legion BaseballGlasgow, MT-Waterline for Sprinkler System at Baseball Field$7,900
Irle Elementary SchoolGlasgow, MT-To Purchase a 3-d Laser Printer and the Compact Filter$6,900
Glasgow City County LibraryGlasgow, MT-To Help Modify One of the Exit Routes From the Basement and to Help Build Two Restrooms in the Basement.$5,000
Two Rivers GrowthGlasgow, MT-Bicycle Path/walkway Into Park, Bring Electricity to Park Shelter, Purchase Grill and Clothesline$5,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mcf Funds$217,289
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed at a regular board meeting.

Form 990, Part VI, Section B, Line 12C

Each board member has to disclose if they have any conflict of interest during grant award meetings.

Form 990, Part VI, Section C, Line 19

The organization's governings documents, conflict of interest policy and financial statments are available upon request.

Filing and Contact Details

Filer

Filer Name
Valley County Community Foundation
EIN
81-0526746
Phone
4062288261
Address
PO BOX 304, GLASGOW, MT 59230-0304

Signing Officer

Name
Doris Leader
Title
President
Phone
4062288261
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doris Leader
Formed
1999
Legal Domicile
Mt
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Chms Pc
Address
741 3RD AVE S, GLASGOW, MT 59230
Preparer
Diana W Mattfeldt CPA
Phone
4062289391
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Prior period grant adjustment -26.

Raw XML AppendixShowing 400 of 420 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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt055489
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt064619
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0301992
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt049724
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0547792
IRS990ScheduleA/TotalSupportAmt0549652
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt01328344
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0MONTANA COMMUNITY FOUNDATION
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0217289
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MCF FUNDS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt01328344
IRS990ScheduleD/TotalLiabilityAmt0217289
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt09075
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO STUDENTS ATTENDING EITHER A TWO OR FOUR YEAR SECONDARY SCHOOL. ASSISTANCE IS PAID DIRECTLY TO THE SCHOOL THAT THE STUDENT IS ATTENDING.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/RecipientTable/CashGrantAmt042100
IRS990ScheduleI/RecipientTable/CashGrantAmt17900
IRS990ScheduleI/RecipientTable/CashGrantAmt25000
IRS990ScheduleI/RecipientTable/CashGrantAmt35000
IRS990ScheduleI/RecipientTable/CashGrantAmt46900
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CONTRIBUTIONS OF AN ENDOWMENT TO SUPPORT OUR OPERATIONS.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1WATERLINE FOR SPRINKLER SYSTEM AT BASEBALL FIELD
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2BICYCLE PATH/WALKWAY INTO PARK, BRING ELECTRICITY TO PARK SHELTER, PURCHASE GRILL AND CLOTHESLINE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO HELP MODIFY ONE OF THE EXIT ROUTES FROM THE BASEMENT AND TO HELP BUILD TWO RESTROOMS IN THE BASEMENT.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO PURCHASE A 3-D LASER PRINTER AND THE COMPACT FILTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MONTANA COMMUNITY FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GLASGOW REDS AMERICAN LEGION BASEBALL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2TWO RIVERS GROWTH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3GLASGOW CITY COUNTY LIBRARY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4IRLE ELEMENTARY SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0810450150
IRS990ScheduleI/RecipientTable/RecipientEIN1262060757
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4825 8TH ST N
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IRS990ScheduleI/RecipientTable/USAddress/CityNm1GLASGOW
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT RECIPIENTS ARE REQUIRED TO COMPLETE A FORM TO SHOW THAT GRANT FUNDS WERE USED AS STATED IN THEIR APPLICATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED AT A REGULAR BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER HAS TO DISCLOSE IF THEY HAVE ANY CONFLICT OF INTEREST DURING GRANT AWARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNINGS DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR PERIOD GRANT ADJUSTMENT -26.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt01472218
IRS990/TotalAssetsGrp/BOYAmt01302397
IRS990/TotalAssetsGrp/EOYAmt01472218
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt075968
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02450
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt086487
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt0199095
IRS990/TotalLiabilitiesGrp/EOYAmt0217289
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01103302
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01254929
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt086487
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0702
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt076670
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01472218
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 405
IRS990/USAddress/CityNm0NASHUA
IRS990/USAddress/StateAbbreviationCd0MT
IRS990/USAddress/ZIPCd059248
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.VALLEYCOUNTYCF.NET
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DORIS LEADER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04062288261
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALLEY COUNTY COMMUNITY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VALL
ReturnHeader/Filer/EIN0810526746

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.64$0.23$1.41$0.03$0.09$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.50$0.21$1.29$0.03$0.13$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.45$0.20$1.25$0.05$0.10$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.68$0.24$1.44$0.06$0.12$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.47$0.22$1.25$0.08$0.09$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.30$0.20$1.10$0.06$0.09$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.14$0.18$0.96$0.07$0.18$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.18$0.20$0.98$0.30$0.22$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.80$0.18$0.62$0.05$0.14$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.78$0.19$0.58$0.13$0.03$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.20$0.47$0.09$0.06$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.60$0.20$0.40$0.02$0.02$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.17$0.35$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.16$0.32$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.17$0.33$0.01