Civic Intelligence

Treefort Community Fund Inc.

990 • Fiscal year 2020 • EIN 85-0782209

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

3380 Americana Terrace Suite 330Boise, ID 83706

(208) 283-1636

Siviq Scores

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

Liabilities / Assets

91st percentile

0.71x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.02x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

42nd percentile

0.6%

Higher net margin than 42% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$7,027

No earlier filing loaded for comparison.

Net Assets

$2,027

No earlier filing loaded for comparison.

Liabilities

$5,000

No earlier filing loaded for comparison.

Revenue

$312,994

No earlier filing loaded for comparison.

Expenses

$310,967

No earlier filing loaded for comparison.

Net Income

$2,027

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0-$10KAssets 2020: $7,027Liabilities 2020: $5,000Net Assets 2020: $2,0272020Assets 2021: $17,230Liabilities 2021: $20,298Net Assets 2021: -$3,0682021

Highlighted filing

2020

Assets$7,027
Liabilities$5,000
Net Assets$2,027

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2020: $312,994Expenses 2020: $310,967Net Income 2020: $2,0272020Revenue 2021: $10,829Expenses 2021: $15,924Net Income 2021: -$5,0952021

Highlighted filing

2020

Revenue$312,994
Expenses$310,967
Net Income$2,027
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$312,994
Mission and Program Overview

Mission

Supporting access to live music & art in boise, idaho. This includes direct support to artists, providing free or low-cost art and education opportunities. This fund will also support resiliency for the broader music & arts ecosystem including venues and workers.

Supported artists' creation of the effects of the covid-19 pandemic. Supported those working in the live music community by providing financial assistance while the industry is closed. Provided a grant that was gifted for the purpose of helping arts survive the covid pandemic.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$7,027-
Loans From Officers Directors-$5,000-
Rtn Earn Endowment Incm Other Fnds$0$2,027▲ $2,027
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$7,027▲ $7,027
Liabilities
Total Liabilities$0$5,000▲ $5,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$2,027▲ $2,027
Total Liabilities and Net Assets / Fund Balance$0$7,027▲ $7,027
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wyatt SchroderBoard President
Alyson FosterBoard Vice President
Dayo AyodeleBoard Member
Tara RussellBoard Member
Chad DrydenBoard Secretary
Cindy MckinneyBoard Treasurer
Lori ShandroExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$312,994
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$312,994
Change in Net Assets
$2,027
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$310,000
Other Expenses$967
Total Fundraising Expense$107
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$288,000--$288,000
Grants to Domestic Individuals$22,000--$22,000
Office Expenses-$393-$393
Other Expenses-$54$107$161
Total Functional Expenses$310,000$860$107$310,967
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Treefort LLCBoise, ID501c3Music & Arts Festival Support. Raised Support for Local Music Festival and Provided a Critical Funding Source During Pandemic.$250,000
Boise State UniversityBoise, ID-Covid Cultural Commissioning Fund. Raised Support for Artists Struggling During Pandemic and Granted It to Boise State University to Administrate Commissions of Art Projects From Local Artists.$38,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$5,000-
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, schedule vi, line 11b: draft of form 990 inspected and approved by board of directors before filing.

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

Board members are required to disclose conflicts of interest as they arise and to recuse themselves from decisions related to the conflict. Discussions about conflicts, and actions taken to address/remove conflicts discussed at board meetings and noted in board minutes.

Form 990, Part VI, Section C, Line 18

Documentation of the organization's tax exemption and tax returns are maintained at the organization's place of business. Copies are made available to members of the public upon request.

Form 990, Part VI, Section C, Line 19

Governing documents, policies, and financial statements are maintained by the organization at its place of business. Copies are made available to members of the public upon request.

Filing and Contact Details

Filer

Filer Name
Treefort Community Fund Inc
EIN
85-0782209
Phone
2082831636
Address
3380 AMERICANA TERRACE SUITE 330, BOISE, ID 83706

Signing Officer

Name
Lori Shandro
Title
President
Phone
2082831636
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lori Shandro
Formed
2020
Legal Domicile
Id
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
7

Preparer

Firm
Silver Bridge Cpas
Address
2006 S EAGLE RD, MERIDIAN, ID 83642
Preparer
Chandra Hisel CPA
Phone
2083768808
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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/ActivityOrMissionDesc0SUPPORTED ARTISTS' CREATION OF THE EFFECTS OF THE COVID-19 PANDEMIC. SUPPORTED THOSE WORKING IN THE LIVE MUSIC COMMUNITY BY PROVIDING FINANCIAL ASSISTANCE WHILE THE INDUSTRY IS CLOSED. PROVIDED A GRANT THAT WAS GIFTED FOR THE PURPOSE OF HELPING ARTS SURVIVE THE COVID PANDEMIC.
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IRS990/Desc0THE TREEFORT MUSIC FEST IS A LARGE, CITY-WIDE MUSIC AND ARTS FESTIVAL THAT SUPPORTS A LARGE PERCENTAGE OF LOCAL ARTISTS AND VENUES, AS WELL AS LOCAL BUSINESSES. IT HAD TO CANCEL BOTH ITS 2020 AND 2021 FESTIVALS, WHILE STILL INCURRING MUCH OF THE EXPENSES OF THE 2020 FESTIVAL. A GRANTING ORGANIZATION, THE WEND FOUNDATION, DESIRED TO SUPPORT THE MUSIC FESTIVAL AND THUS GRANTED THE TREEFORT COMMUNITY FUND $250,000 FROM THEIR FUNDS SET ASIDE TO HELP ARTS COMMUNITIES SURVIVE THE COVID PANDEMIC.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
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IRS990/MissionDesc0SUPPORTING ACCESS TO LIVE MUSIC & ART IN BOISE, IDAHO. THIS INCLUDES DIRECT SUPPORT TO ARTISTS, PROVIDING FREE OR LOW-COST ART AND EDUCATION OPPORTUNITIES. THIS FUND WILL ALSO SUPPORT RESILIENCY FOR THE BROADER MUSIC & ARTS ECOSYSTEM INCLUDING VENUES AND WORKERS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE TREEFORT COMMUNITY FUND HELPED TO RAISE FUNDS FROM THE COMMUNITY TO SUPPORT A PROJECT THAT GRANTED LOCAL ARTISTS FUNDS IN ORDER TO CREATE ART EXPRESSING THE EFFECTS OF THE COVID PANDEMIC ON LIVES AND COMMUNITIES.
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IRS990/ProgSrvcAccomActy3Grp/Desc0GRANTS WERE GIVEN TO THOSE WHO COULD SHOW THEY EARNED THEIR LIVING BY WORKING IN THE LIVE MUSIC INDUSTRY AND THAT THEIR JOB WAS NOT POSSIBLE DUE TO THE SHUTDOWNS RELATED TO COVID-19. THE GRANTS WERE $400 PER RECIPIENT.
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TREEFORT LIVE MUSIC RELIEF FUND. EMERGENCY INITIATIVE SUPPORTING LOCAL ARTISTS, MUSICIANS DURING PANDEMIC WITH DIRECT CASH ASSISTANCE.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MUSIC & ARTS FESTIVAL SUPPORT. RAISED SUPPORT FOR LOCAL MUSIC FESTIVAL AND PROVIDED A CRITICAL FUNDING SOURCE DURING PANDEMIC.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1COVID CULTURAL COMMISSIONING FUND. RAISED SUPPORT FOR ARTISTS STRUGGLING DURING PANDEMIC AND GRANTED IT TO BOISE STATE UNIVERSITY TO ADMINISTRATE COMMISSIONS OF ART PROJECTS FROM LOCAL ARTISTS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TREEFORT LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BOISE STATE UNIVERSITY
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IRS990ScheduleI/RecipientTable/RecipientEIN1820290701
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE MADE TO ELIGIBLE MUSICIANS AND ARTISTS WHO SUBMIT APPLICATIONS THAT ARE REVIEWED AND APPROVED BY THE ORGANIZATION BEFORE FUNDS ARE REMITTED. WITHIN THESE APPLICATIONS, POTENTIAL GRANTEES ARE REQUIRED TO SUBMIT PROOF OF LOST WORK, PROOF OF ACTIVE STATUS AS AN ARTIST IN THE COMMUNITY, PROOF OF RESIDENCY, AND AN EXPLANATION FOR HOW FUNDS WILL BE USED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0GREATER THAN 35% OWNED BY BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE TREEFORT COMMUNITY FUND WAS ESTABLISHED BY THE DIRECTION OF DUCK CLUB ENTERPRISES, LLC. THE PURPOSE WAS TO FURTHER PART OF ITS MISSION TO DEVELOP AND SUPPORT THE MUSIC AND ARTS ECOSYSTEM IN BOISE, IDAHO. THE FUND WAS ESTABLISHED DURING THE ONSET OF THE COVID PANDEMIC IN 2020 IN RESPONSE TO THE CLOSURE OF THE ENTIRE LIVE ARTS AND ENTERTAINMENT INDUSTRY. THE GOAL WAS TO RAISE AND DONATE FUNDS TO INDIVIDUALS AND ORGANIZATIONS IN THE COMMUNITY WHO ARE PART OF THIS INDUSTRY. THE TREEFORT MUSIC FEST (OWNED 90% BY DUCK CLUB ENTERPRISES) WAS FORCED TO CANCEL ITS MARCH 2020 AND MARCH 2021 FESTIVALS. IT HAD INCURRED MOST OF THE EXPENSES FOR THE 2020 FESTIVAL AND HAD TO CONTINUE TO OPERATE IN ORDER TO SURVIVE AND PLAN A LATER 2021 FESTIVAL. THE WEND FOUNDATION DONATED A GRANT OF $250,000 TO THE TREEFORT COMMUNITY FUND IN ORDER TO SUPPORT TREEFORT MUSIC FEST'S SURVIVAL, AS IT IS SUCH A LARGE SUPPORT, FINANCIALLY, TO MANY VENUES AND ARTISTS IN BOISE.LORI SHANDRO, FOUNDING BOARD MEMBER, OWNS 60% OF DUCK CLUB ENTERPRISES, AND THUS TREEFORT LLC. SHE RECUSED HERSELF FROM ALL DECISION MAKING AND GRANTING DECISIONS. THIS WAS DOCUMENTED IN THE MINUTES FROM THE MEETINGS WHERE THIS GRANT WAS DISCUSSED.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 1:
IRS990ScheduleL/TotalBalanceDueAmt05000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, SCHEDULE VI, LINE 11B: DRAFT OF FORM 990 INSPECTED AND APPROVED BY BOARD OF DIRECTORS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST AS THEY ARISE AND TO RECUSE THEMSELVES FROM DECISIONS RELATED TO THE CONFLICT. DISCUSSIONS ABOUT CONFLICTS, AND ACTIONS TAKEN TO ADDRESS/REMOVE CONFLICTS DISCUSSED AT BOARD MEETINGS AND NOTED IN BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTATION OF THE ORGANIZATION'S TAX EXEMPTION AND TAX RETURNS ARE MAINTAINED AT THE ORGANIZATION'S PLACE OF BUSINESS. COPIES ARE MADE AVAILABLE TO MEMBERS OF THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MAINTAINED BY THE ORGANIZATION AT ITS PLACE OF BUSINESS. COPIES ARE MADE AVAILABLE TO MEMBERS OF THE PUBLIC UPON REQUEST.
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 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt07027
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt07027
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0312994
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0107
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0860
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0310000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0310967
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt05000
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt05000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02027
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0310000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0312994
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07027
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03380 AMERICANA TERRACE SUITE 330
IRS990/USAddress/CityNm0BOISE
IRS990/USAddress/StateAbbreviationCd0ID
IRS990/USAddress/ZIPCd083706
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LORI SHANDRO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02082831636
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TREEFORT COMMUNITY FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0TREE
ReturnHeader/Filer/EIN0850782209
ReturnHeader/Filer/PhoneNum02082831636
ReturnHeader/Filer/USAddress/AddressLine1Txt03380 AMERICANA TERRACE SUITE 330
ReturnHeader/Filer/USAddress/CityNm0BOISE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ID
ReturnHeader/Filer/USAddress/ZIPCd083706
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270664787
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SILVER BRIDGE CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02006 S EAGLE RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MERIDIAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ID
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd083642
ReturnHeader/PreparerPersonGrp/PhoneNum02083768808
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHANDRA HISEL CPA
ReturnHeader/ReturnTs02021-11-15T16:03:34-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LORI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHANDRO
ReturnHeader/TaxPeriodBeginDt02020-04-21
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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