Civic Intelligence

American Mountain Guides Association Inc

EIN 84-1213723 • 501(c)3 • Boulder, CO

Profile

The american mountain guides association (amga) is the premier source for training, credentials, resource stewardship and services for professional mountain guides and climbing instructors in the united states.

3180 Sterling Circle Suite 201Boulder, CO 80301

www.amga.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.41x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.29x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

52nd percentile

5.5%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

87th percentile

$157,841

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

76th percentile

17%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

7.6%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,674,083

Up $396,072 (+17%) from 2023

Liabilities

Up

$1,107,212

Up $53,611 (+5.1%) from 2023

Net Assets

Up

$1,566,871

Up $342,461 (+28%) from 2023

Revenue

Up

$3,813,881

Up $269,675 (+7.6%) from 2023

Expenses

Up

$3,603,103

Up $375,558 (+12%) from 2023

Net Income

Down

$210,778

Down $105,883 (-33%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $690,063Liabilities 2010: $155,975Net Assets 2010: $534,0882010Assets 2011: $741,933Liabilities 2011: $176,004Net Assets 2011: $565,9292011Assets 2012: $767,435Liabilities 2012: $184,652Net Assets 2012: $582,7832012Assets 2013: $855,776Liabilities 2013: $264,195Net Assets 2013: $591,5812013Assets 2014: $948,056Liabilities 2014: $362,225Net Assets 2014: $585,8312014Assets 2015: $846,735Liabilities 2015: $298,827Net Assets 2015: $547,9082015Assets 2016: $942,811Liabilities 2016: $319,881Net Assets 2016: $622,9302016Assets 2017: $1,144,230Liabilities 2017: $395,549Net Assets 2017: $748,6812017Assets 2018: $1,250,439Liabilities 2018: $562,854Net Assets 2018: $687,5852018Assets 2019: $1,243,655Liabilities 2019: $550,501Net Assets 2019: $693,1542019Assets 2020: $1,774,190Liabilities 2020: $933,084Net Assets 2020: $841,1062020Assets 2021: $2,287,061Liabilities 2021: $842,688Net Assets 2021: $1,444,3732021Assets 2022: $1,688,309Liabilities 2022: $905,859Net Assets 2022: $782,4502022Assets 2023: $2,278,011Liabilities 2023: $1,053,601Net Assets 2023: $1,224,4102023Assets 2024: $2,674,083Liabilities 2024: $1,107,212Net Assets 2024: $1,566,8712024

Highlighted filing

2024

Assets$2,674,083
Liabilities$1,107,212
Net Assets$1,566,871

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $825,6072010Revenue 2011: $1,016,241Expenses 2011: $983,821Net Income 2011: $32,4202011Expenses 2012: $974,8922012Revenue 2013: $1,091,999Expenses 2013: $1,131,167Net Income 2013: -$39,1682013Revenue 2014: $1,384,484Expenses 2014: $1,415,287Net Income 2014: -$30,8032014Revenue 2015: $1,690,960Expenses 2015: $1,726,841Net Income 2015: -$35,8812015Revenue 2016: $1,763,434Expenses 2016: $1,715,533Net Income 2016: $47,9012016Revenue 2017: $2,037,430Expenses 2017: $1,965,363Net Income 2017: $72,0672017Revenue 2018: $2,158,380Expenses 2018: $2,202,270Net Income 2018: -$43,8902018Revenue 2019: $2,455,652Expenses 2019: $2,541,947Net Income 2019: -$86,2952019Revenue 2020: $2,039,819Expenses 2020: $1,963,637Net Income 2020: $76,1822020Revenue 2021: $3,105,506Expenses 2021: $2,635,866Net Income 2021: $469,6402021Revenue 2022: $2,558,026Expenses 2022: $3,122,631Net Income 2022: -$564,6052022Revenue 2023: $3,544,206Expenses 2023: $3,227,545Net Income 2023: $316,6612023Revenue 2024: $3,813,881Expenses 2024: $3,603,103Net Income 2024: $210,7782024

Highlighted filing

2024

Revenue$3,813,881
Expenses$3,603,103
Net Income$210,778

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$1.11$1.57$3.81$3.60$0.21
2023Summary only. Only limited summary data is available for this year.$2.28$1.05$1.22$3.54$3.23$0.32
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.91$0.78$2.56$3.12$0.56
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$0.84$1.44$3.11$2.64$0.47
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.93$0.84$2.04$1.96$0.08
2019Summary only. Only limited summary data is available for this year.$1.24$0.55$0.69$2.46$2.54$0.09
2018Summary only. Only limited summary data is available for this year.$1.25$0.56$0.69$2.16$2.20$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.40$0.75$2.04$1.97$0.07
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.32$0.62$1.76$1.72$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.30$0.55$1.69$1.73$0.04
2014Summary only. Only limited summary data is available for this year.$0.95$0.36$0.59$1.38$1.42$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.86$0.26$0.59$1.09$1.13$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.18$0.58$0.97
2011Summary only. Only limited summary data is available for this year.$0.74$0.18$0.57$1.02$0.98$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.16$0.53$0.83
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 31, 2025
Return Version
2024v5.0
Gross Receipts
$3,842,511
Mission and Program Overview

Mission

The amga inspires an exceptional client experience as the premier source for training, credentials, resource stewardship and services for professional mountain guides and climbing instructors in the united states.

Support the mountain guiding community through education, standards and certifications to enhance the quality of services provided to the public while serving as a resource to provide access and protection to the natural environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$764,008$1,097,271▲ $333,263
Investments in Publicly Traded Securities$631,819$995,119▲ $363,300
Cash and Non-Interest-Bearing Accounts$760,606$428,681▼ $331,925
Prepaid Expenses and Deferred Charges$36,331$65,112▲ $28,781
Accounts Receivable-$31,941-
Inventories for Sale or Use$30,132$30,286▲ $154
Pledges and Grants Receivable$10,500--
Land, Buildings, and Equipment, Net-$3,112-
Total Assets$2,278,011$2,674,083▲ $396,072
Other Assets Total$44,615$22,561▼ $22,054
Liabilities
Deferred Revenue$749,935$825,024▲ $75,089
Unsecured Notes Loans Payable$155,133$150,000▼ $5,133
Accounts Payable and Accrued Expenses$107,972$125,058▲ $17,086
Other Liabilities$40,561$7,130▼ $33,431
Total Liabilities$1,053,601$1,107,212▲ $53,611
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$810,629$1,130,106▲ $319,477
Net Assets With Donor Restrictions$413,781$436,765▲ $22,984
Total Net Assets Fund Balance$1,224,410$1,566,871▲ $342,461
Total Liabilities and Net Assets / Fund Balance$2,278,011$2,674,083▲ $396,072

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,112$558$3,670

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,048,574$130,675▲ $89,615$140,850$1,128,014
2023$882,114$162,513▲ $133,595$129,648$1,048,574
2022$925,222-▼ $43,108-$882,114
2021$708,824$77,993▲ $138,905-$925,222
2020$638,707$20,000▲ $77,067-$708,824
Compensation and Service Providers

Employees

NameTitleBaseTotal
Matt WadeExecutive Di$157,841$157,841
Matt WadeExecutive Director$157,841$157,841
Jane SoucyDeputy Direc$130,706$130,706
Geoff UngerChairperson$18,745$18,745
Silas RossiPresident$8,352$8,352
Elaina ArenzVice Preside$6,630$6,630
Steve BanksSecretary$6,256$6,256

Board Members and Trustees

NameTitle
Charles RutsteinDirector
Jon RockefellerDirector
Kelly CarrollDirector
Kevin ShonDirector
Max LurieDirector
Tracy FaberDirector
Eddie SchoenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$947,299
Program Service Revenue
$2,823,410
Investment Income
$64,052
Other Revenue
$-20,880
All Other Contributions
$270,914
Change in Net Assets
$210,778

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1,240$114,232Fair Market Value
Total Noncash Contributions1,240$114,232-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,703,829
Revenue Not Reported on Financial Statements
$110,052
Revenue Not Reported on Form 990
$131,683
Other Revenue Adjustments
$110,052
Total Revenue per Audited Statements
$3,835,512
Total Revenue per Form 990
$3,813,881
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,009,604
Other Expenses$1,593,499
Total Fundraising Expense$154,607
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,472,670$185,521$80,215$1,738,406
Payroll Taxes$230,518$28,761$11,919$271,198
Insurance$157,813$9,888$262$167,963
Information Technology$76,558$12,760$8,833$98,151
Fees for Services Other$20,248$64,396$8,678$93,322
Fees for Services Legal$17,361$55,214$7,441$80,016
Office Expenses$36,991$40,046$1,223$78,260
Fees for Services Accounting$14,651$46,596$6,279$67,526
Occupancy$44,869$7,675$6,494$59,038
All Other Expenses$33,080$3,146$1,134$37,360
Other Expenses$30,824$3,425$3,796$34,249
Advertising$4,380$2,225$347$6,952
Interest-$4,317-$4,317
Conferences and Meetings$2,435--$2,435
Total Functional Expenses$2,912,230$536,266$154,607$3,603,103

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,603,103
Expenses per Audited Statements$3,493,051
Total Expenses per Audited Statements$3,493,051
Expenses Not Reported on Financial Statements$110,052
Other Expense Adjustments$110,052
International Activity

International Summary

Offices
1
Employees
1
Spending
$97,365

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
CanadaProgram ServicesEducation11$97,365
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$26,116
Fundraising Gross Income$2,025
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Silent Auction$27,766-$1,228-
Total Events$27,766-$1,228$-1,228
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$7,130
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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 6

Volunteers serve on various committees, provide technical expertise and assist at amga events.

Form 990, Page 6, Part VI, Line 7A

Voting members elect 2/3 of the board

Form 990, Page 6, Part VI, Line 9

Matt wade 3180 sterling circle boulder , co 80301

Form 990, Page 6, Part VI, Line 11B

Form 990 was made available to the executive director for review and approval prior to the filing of the return.

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

Officers, directors and key employees must recuse themselves from votes and decisions that, based on our documented policy, have an identified conflict of interest. Compliance is monitored by the board executive committee with the assistance of the executive director.

Form 990, Page 6, Part VI, Line 15A

The executive director is evaluated annually by the chair of the board. The chair presents the proposed compensation package to the board of directors for final approval and voting.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflicts of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
American Mountain Guides
EIN
84-1213723
Phone
3032710984
Address
3180 STERLING CIRCLE SUITE 201, BOULDER, CO 80301

Signing Officer

Name
Matt Wade
Title
Executive Director
Phone
3032710984
Signed
2025-10-31

Organization Details

Principal Officer
Matt Wade
Formed
1992
Legal Domicile
Wa
Voting Board Members
12
Independent Board Members
11
Employees
71
Volunteers
18

Preparer

Firm
The Adams Group LLC
Address
6000 GREENWOOD PLAZA BLVD STE 115, GREENWOOD VILLAGE, CO 80111
Preparer
Jason D Adams CPA
Phone
3037333796
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Scholarships -111,280 miscellaneous 1,228 scholarships 111,280 miscellaneous -1,228

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The board designated endowment fund is reserved for scholarships

Schedule D, Page 3, Part X

The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the organization and various positions related to the potential sources of unrelated business taxable income (ubit). The tax benefits recognized in the audited financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the years ended december 31, 2024 and 2023 for either taxing entity. The organization files its form 990 in the u.s. Federal jurisdiction. The organization is generally no longer subject to examination by the internal revenue service for years before december 31, 2021.

Schedule D, Page 4, Part XI, Line 4B

Scholarships 111,280 miscellaneous -1,228

Schedule D, Page 4, Part XII, Line 4B

Scholarships 111,280 miscellaneous -1,228

Raw XML AppendixShowing 400 of 629 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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