Civic Intelligence

Mountain Valley Developmental Services Inc.

990 • Fiscal year 2021 • EIN 84-0687930

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 18, 2022

Box 338Glenwood Springs, CO 81602

(970) 945-2306

Siviq Scores

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

Liabilities / Assets

56th percentile

0.22x

Higher debt load relative to assets than 56% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

42nd percentile

0.16x

Higher debt load relative to revenue than 42% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

47th percentile

11%

Higher net margin than 47% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

35th percentile

$132,180

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

25th percentile

0.8%

Faster asset growth than 25% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

31st percentile

0.7%

Faster revenue growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$8,504,779

Up $63,329 (+0.8%) from 2020

Net Assets

Up

$6,602,977

Up $1,271,916 (+24%) from 2020

Liabilities

Down

$1,901,802

Down $1,208,587 (-39%) from 2020

Revenue

Up

$11,865,014

Up $86,415 (+0.7%) from 2020

Expenses

Down

$10,593,098

Down $857,089 (-7.5%) from 2020

Net Income

Up

$1,271,916

Up $943,504 (+287%) from 2020

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $4,857,748Liabilities 2011: $1,299,486Net Assets 2011: $3,558,2622011Assets 2012: $5,089,735Liabilities 2012: $1,219,048Net Assets 2012: $3,870,6872012Assets 2013: $5,097,889Liabilities 2013: $1,074,933Net Assets 2013: $4,022,9562013Assets 2014: $5,334,970Liabilities 2014: $1,214,886Net Assets 2014: $4,120,0842014Assets 2015: $5,463,251Liabilities 2015: $1,296,234Net Assets 2015: $4,167,0172015Assets 2016: $5,696,605Liabilities 2016: $1,221,839Net Assets 2016: $4,474,7662016Assets 2017: $6,342,412Liabilities 2017: $1,523,454Net Assets 2017: $4,818,9582017Assets 2018: $6,540,604Liabilities 2018: $1,672,528Net Assets 2018: $4,868,0762018Assets 2019: $6,691,368Liabilities 2019: $1,688,719Net Assets 2019: $5,002,6492019Assets 2020: $8,441,450Liabilities 2020: $3,110,389Net Assets 2020: $5,331,0612020Assets 2021: $8,504,779Liabilities 2021: $1,901,802Net Assets 2021: $6,602,9772021Assets 2022: $9,063,262Liabilities 2022: $2,136,089Net Assets 2022: $6,927,1732022Assets 2023: $9,862,799Liabilities 2023: $2,181,367Net Assets 2023: $7,681,4322023Assets 2024: $10,302,918Liabilities 2024: $2,556,763Net Assets 2024: $7,746,1552024

Highlighted filing

2021

Assets$8,504,779
Liabilities$1,901,802
Net Assets$6,602,977

Operations Trend

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

$20M$15M$10M$5.0M$0Revenue 2011: $7,736,084Expenses 2011: $7,647,009Net Income 2011: $89,0752011Revenue 2012: $7,787,478Expenses 2012: $7,475,053Net Income 2012: $312,4252012Revenue 2013: $7,841,902Expenses 2013: $7,689,633Net Income 2013: $152,2692013Revenue 2014: $8,872,052Expenses 2014: $8,774,924Net Income 2014: $97,1282014Revenue 2015: $9,444,508Expenses 2015: $9,397,575Net Income 2015: $46,9332015Revenue 2016: $9,777,854Expenses 2016: $9,470,105Net Income 2016: $307,7492016Revenue 2017: $9,742,838Expenses 2017: $9,398,646Net Income 2017: $344,1922017Revenue 2018: $9,902,060Expenses 2018: $9,852,942Net Income 2018: $49,1182018Revenue 2019: $10,775,568Expenses 2019: $10,640,995Net Income 2019: $134,5732019Revenue 2020: $11,778,599Expenses 2020: $11,450,187Net Income 2020: $328,4122020Revenue 2021: $11,865,014Expenses 2021: $10,593,098Net Income 2021: $1,271,9162021Revenue 2022: $12,083,707Expenses 2022: $11,759,511Net Income 2022: $324,1962022Revenue 2023: $13,605,318Expenses 2023: $12,857,848Net Income 2023: $747,4702023Revenue 2024: $15,476,758Expenses 2024: $15,412,035Net Income 2024: $64,7232024

Highlighted filing

2021

Revenue$11,865,014
Expenses$10,593,098
Net Income$1,271,916
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 18, 2022
Return Version
2020v4.0
Gross Receipts
$12,014,146
Mission and Program Overview

Mission

To provide services to persons with developmental disabilities.

To encourage and support individuals with developmental disabilities, enhance their ability to live, learn, and work in an independent and inclusive manner, and to educate the community about their contributions and capabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,756,767$3,591,442▼ $165,325
Land, Buildings, and Equipment, Net$2,537,362$2,286,853▼ $250,509
Accounts Receivable$1,576,983$1,944,512▲ $367,529
Pledges and Grants Receivable$221,924$328,662▲ $106,738
Prepaid Expenses and Deferred Charges$317,145$308,583▼ $8,562
Inventories for Sale or Use$31,269$44,727▲ $13,458
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$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-
Total Assets$8,441,450$8,504,779▲ $63,329
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,379,037$1,374,825▼ $4,212
Mortgage Notes Payable Secured by Investment Property$1,670,851$343,596▼ $1,327,255
Deferred Revenue$60,501$183,381▲ $122,880
Total Liabilities$3,110,389$1,901,802▼ $1,208,587
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,331,061$6,602,977▲ $1,271,916
Total Net Assets Fund Balance$5,331,061$6,602,977▲ $1,271,916
Total Liabilities and Net Assets / Fund Balance$8,441,450$8,504,779▲ $63,329

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,290,572$5,061,425$6,351,997
Land$795,694-$795,694
Equipment$200,587$577,449$778,036
Other Land Buildings-$179,088$179,088
Leasehold Improvements-$6,514$6,514
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sara SimsExecutive DirectorFT$132,180$132,180
Ksana OglesbyFinance DirectorFT$108,029$108,029
Brenda ScrimsherSupport ServicesFT$105,218$105,218

Board Members and Trustees

NameTitle
Charlie WillmanPresident
Chris TolkVice President
Brian WilsonDirector
Denise RaheDirector
Melissa KnutsonDirector
Myra BoneDirector
Judy OakesSecretary
Steve MacDonaldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,248,034
Program Service Revenue
$9,507,656
Investment Income
$3,825
Other Revenue
$105,499
All Other Contributions
$100,829
Change in Net Assets
$1,271,916

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,014,146
Revenue Not Reported on Financial Statements
$-149,132
Other Revenue Adjustments
$-149,132
Total Revenue per Audited Statements
$12,014,146
Total Revenue per Form 990
$11,865,014
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,837,514
Other Expenses$3,755,584
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,750,754$288,329-$5,039,083
Fees for Services Other$1,610,781$39,788-$1,650,569
Other Employee Benefits$765,104$105,716-$870,820
Payroll Taxes$490,413$72,824-$563,237
Occupancy$282,733$36,599-$319,332
Depreciation Depletion$215,152$44,870-$260,022
Current Officers, Directors, Trustees, and Key Employees-$253,124-$253,124
Other Expenses$157,576$1,257-$158,833
All Other Expenses$118,230--$118,230
Pension Plan Contributions$103,462$7,788-$111,250
Insurance$79,720$12,718-$92,438
Fees for Services Accounting-$90,441-$90,441
Interest$16,093$9,292-$25,385
Fees for Services Legal-$8,390-$8,390
Travel$582$15-$597
Total Functional Expenses$9,502,656$1,090,442$0$10,593,098

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,742,230
Total Expenses per Audited Statements$10,742,230
Total Expenses per Form 990$10,593,098
Expenses Not Reported on Financial Statements$-149,132
Other Expense Adjustments$-149,132
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

A copy of the return is reviewed by the Executive Director and Board President before the final return is submitted.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members review the organization's bylaws and policies at the time of appointment. Conflict of interest is addressed and identified whenever a business transaction occurs for which a Board Member potentially has an interest.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Board President and Treasurer review the Executive Director's performance and compensation annually. Top management are compensated in accordance with the Organization's Human Resource Policies which includes yearly evaluations and adheres to a salary schedule.

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

Mountain Valley Developmental Services maintains written copies of its Policies and Procedures, including policies regarding Conflict of Interest and its Code of Ethics, as well as all governing documents. These are availible to the public upon request and without charge. Financial statements are available upon request by the public.

Filing and Contact Details

Filer

Filer Name
Mountain Valley Developmental Services
EIN
84-0687930
Phone
9709452306
Address
Box 338, Glenwood Springs, CO 81602

Signing Officer

Name
Ksana Oglesby
Title
CFO
Signed
2022-03-18
Discuss with paid preparer
Yes

Organization Details

Formed
1975
Legal Domicile
Co
Voting Board Members
8
Independent Board Members
8
Employees
240

Preparer

Firm
FredrickZink & Associates PC CPAs
Address
954 East 2nd Avenue 201, Durango, CO 81301
Preparer
Michelle Sainio
Phone
9702470506
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Case management programs is the determination of eligibility for services and supports, service and support coordination, and the monitoring of all services and supports delivered pursuant to the Individualized Plan. OTHER PROGRAM SERVICES 5: Comprehensive services refers to residential services, adult day care services or supports and transportation activities as specified in the eligible person's Individualized Plan (IP). Included are a number of different types of residential settings, which provides an array of training, learning, experiential a support activities provided in residential living alternatives designed to meet individual needs. Additionally, adult day services provide opportunities for individuals to experience and actively participate in valued roles in the community. These services and supports enable individuals to access and participate in typical community activities such as work, recreation and senior citizen activities. Finally, transportation activities refer to "Home to Day Program transportation" services relevant to an individual's work schedule as specified in the IP. For these purposes, "work schedule" is defined broadly to include adult and retirement activities such as education, training, community integration and employment. OTHER PROGRAM SERVICES 6: Rocky Mountain Early Childhood Council - promotes and supports a system of quality, accessibility, affordability of early childhood for families in the Rural Resort Region.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0765104
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0870820
IRS990/OtherExpensesGrp/Desc0Client assistance & activities
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IRS990/OtherExpensesGrp/Desc2Supplies
IRS990/OtherExpensesGrp/Desc3Vehicle expenses
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115399
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21257
IRS990/OtherExpensesGrp/ProgramServicesAmt0582687
IRS990/OtherExpensesGrp/ProgramServicesAmt1157056
IRS990/OtherExpensesGrp/ProgramServicesAmt2172313
IRS990/OtherExpensesGrp/ProgramServicesAmt3157576
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IRS990/OtherExpensesGrp/TotalAmt1260948
IRS990/OtherExpensesGrp/TotalAmt2187712
IRS990/OtherExpensesGrp/TotalAmt3158833
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt072824
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IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0103462
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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0221924
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IRS990/ProgramServiceRevenueGrp/BusinessCd1623990
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18916449
IRS990/ProgSrvcAccomActy2Grp/Desc0Case management programs is the determination of eligibility for services and supports, service and support coordination, and the monitoring of all services and supports delivered pursuant to the Individualized Plan.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0792869
IRS990/ProgSrvcAccomActy3Grp/Desc0Early Intervention is for children from birth through age two which offer infants and toddlers and their families services and support so enhance child development in the areas of cognition, speech, communication, physical, motor, vision, hearing, social-emotional development, and self help skills; parent-child or family interaction; and early identification, screening and assessment services.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0693406
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IRS990/PYContributionsGrantsAmt0964897
IRS990/PYExcessBenefitTransInd0false
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IRS990/PYOtherExpensesAmt04215972
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IRS990/PYSalariesCompEmpBnftPaidAmt07234215
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IRS990/ReconcilationRevenueExpnssAmt01271916
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IRS990/RelatedEntityInd0false
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IRS990/RentalIncomeOrLossGrp/RealAmt0-8811
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05833807
IRS990ScheduleA/TotalSupportAmt05998045
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.3$2.56$7.75$15.5$15.4$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.86$2.18$7.68$13.6$12.9$0.75
2022Detailed filing. Detailed filing data is available for this year.$9.06$2.14$6.93$12.1$11.8$0.32
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.50$1.90$6.60$11.9$10.6$1.27
2020Detailed filing. Detailed filing data is available for this year.$8.44$3.11$5.33$11.8$11.5$0.33
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.69$1.69$5.00$10.8$10.6$0.13
2018Detailed filing. Detailed filing data is available for this year.$6.54$1.67$4.87$9.90$9.85$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.34$1.52$4.82$9.74$9.40$0.34
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.70$1.22$4.47$9.78$9.47$0.31
2015Detailed filing. Detailed filing data is available for this year.$5.46$1.30$4.17$9.44$9.40$0.05
2014Detailed filing. Detailed filing data is available for this year.$5.33$1.21$4.12$8.87$8.77$0.10
2013Summary only. Only limited summary data is available for this year.$5.10$1.07$4.02$7.84$7.69$0.15
2012Summary only. Only limited summary data is available for this year.$5.09$1.22$3.87$7.79$7.48$0.31
2011Summary only. Only limited summary data is available for this year.$4.86$1.30$3.56$7.74$7.65$0.09