Civic Intelligence

Producers Partnership Inc.

990 • Fiscal year 2023 • EIN 85-2037314

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 12, 2024

356 Frontage Road EastLivingston, MT 59047

(406) 220-7223

Siviq Scores

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

Liabilities / Assets

51st percentile

0.07x

Higher debt load relative to assets than 51% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

53rd percentile

0.10x

Higher debt load relative to revenue than 53% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

92nd percentile

56%

Higher net margin than 92% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

92nd percentile

75%

Faster asset growth than 92% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

437%

Faster revenue growth than 98% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$3,898,482

Up $1,666,929 (+75%) from 2022

Net Assets

Up

$3,634,191

Up $1,604,584 (+79%) from 2022

Liabilities

Up

$264,291

Up $62,345 (+31%) from 2022

Revenue

Up

$2,551,435

Up $2,076,482 (+437%) from 2022

Expenses

Up

$1,122,783

Up $552,379 (+97%) from 2022

Net Income

Up

$1,428,652

Up $1,524,103 (+1597%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2020: $22,598Liabilities 2020: $1,000Net Assets 2020: $21,5982020Assets 2021: $2,118,862Liabilities 2021: $1,304Net Assets 2021: $2,117,5582021Assets 2022: $2,231,553Liabilities 2022: $201,946Net Assets 2022: $2,029,6072022Assets 2023: $3,898,482Liabilities 2023: $264,291Net Assets 2023: $3,634,1912023Assets 2024: $3,123,420Liabilities 2024: $216,442Net Assets 2024: $2,906,9782024

Highlighted filing

2023

Assets$3,898,482
Liabilities$264,291
Net Assets$3,634,191

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2020: $25,359Expenses 2020: $47,350Net Income 2020: -$21,9912020Revenue 2021: $2,236,355Expenses 2021: $140,395Net Income 2021: $2,095,9602021Revenue 2022: $474,953Expenses 2022: $570,404Net Income 2022: -$95,4512022Revenue 2023: $2,551,435Expenses 2023: $1,122,783Net Income 2023: $1,428,6522023Revenue 2024: $472,417Expenses 2024: $1,179,355Net Income 2024: -$706,9382024

Highlighted filing

2023

Revenue$2,551,435
Expenses$1,122,783
Net Income$1,428,652
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.1
Gross Receipts
$2,555,012
Mission and Program Overview

Mission

Local producers, local meat processors, and local food centers working in a partnership to provide Montana beef to those individuals and families with food insecurity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,208,785$2,873,188▲ $664,403
Cash and Non-Interest-Bearing Accounts$22,768$1,018,918▲ $996,150
Loans From Officers Directors$200,000$200,000→ $0
Accounts Receivable-$6,376-
Total Assets$2,231,553$3,898,482▲ $1,666,929
Liabilities
Accounts Payable and Accrued Expenses-$64,291-
Other Liabilities$1,946--
Total Liabilities$201,946$264,291▲ $62,345
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,029,607$3,634,191▲ $1,604,584
Total Net Assets Fund Balance$2,029,607$3,634,191▲ $1,604,584
Total Liabilities and Net Assets / Fund Balance$2,231,553$3,898,482▲ $1,666,929

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,199,138$112,365$2,311,503
Equipment$674,050$186,224$860,274
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matt PiersonPresident
Jess PetersonVice President
Kristina PiersonBoard Member
Anne BuckleySecretary
Scott KeslerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,510,083
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$41,352
All Other Contributions
$2,506,083
Change in Net Assets
$1,428,652
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$757,228
Salaries, Compensation, and Employee Benefits$365,555
Total Fundraising Expense$4,536
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$328,429--$328,429
Depreciation Depletion$207,940--$207,940
Occupancy$139,731$11,766-$151,497
Advertising-$41,397-$41,397
Payroll Taxes$29,665--$29,665
Fees for Services Accounting-$23,575-$23,575
Insurance-$23,531-$23,531
Information Technology-$10,953-$10,953
All Other Expenses$7,998$2,354-$10,352
Other Employee Benefits$7,461--$7,461
Office Expenses-$5,491-$5,491
Other Expenses$61,249$2,009$4,536$4,536
Conferences and Meetings-$3,155-$3,155
Travel-$302-$302
Total Functional Expenses$993,714$124,533$4,536$1,122,783
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$200,000$200,000→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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, Section A, Line 2

Matt pierson and kristina pierson are married.

Form 990, Part VI, Section A, Line 8B

The meetings held by the board of directors are documented contemporaneously. There are no committees with authority to act on behalf of the governing body.

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

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Producers Partnership Inc
EIN
85-2037314
Phone
4062207223
Address
356 FRONTAGE ROAD EAST, LIVINGSTON, MT 59047

Signing Officer

Name
Matt Pierson
Title
President
Phone
4062207223
Signed
2024-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Pierson
Formed
2020
Legal Domicile
Mt
Voting Board Members
5
Independent Board Members
3
Employees
21
Volunteers
7

Preparer

Firm
Pinion LLC
Address
1019 EAST MAIN STREET SUITE 201, BOZEMAN, MT 59715
Preparer
Bill Mills
Phone
4065566160
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MATT AND KRIS PIERSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT & BOARD MEMBER/FOUNDERS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt0200000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MATT PIERSON AND KRISTINA PIERSON ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEETINGS HELD BY THE BOARD OF DIRECTORS ARE DOCUMENTED CONTEMPORANEOUSLY. THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
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/TotalAssetsBOYAmt02231553
IRS990/TotalAssetsEOYAmt03898482
IRS990/TotalAssetsGrp/BOYAmt02231553
IRS990/TotalAssetsGrp/EOYAmt03898482
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02510083
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04536
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0124533
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0993714
IRS990/TotalFunctionalExpensesGrp/TotalAmt01122783
IRS990/TotalGrossUBIAmt044445
IRS990/TotalLiabilitiesBOYAmt0201946
IRS990/TotalLiabilitiesEOYAmt0264291
IRS990/TotalLiabilitiesGrp/BOYAmt0201946
IRS990/TotalLiabilitiesGrp/EOYAmt0264291
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02029607
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03634191
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0993714
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-3093
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02551435
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt044445
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02231553
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03898482
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0302
IRS990/TravelGrp/TotalAmt0302
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0356 FRONTAGE ROAD EAST
IRS990/USAddress/CityNm0LIVINGSTON
IRS990/USAddress/StateAbbreviationCd0MT
IRS990/USAddress/ZIPCd059047
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.PRODUCERPARTNERSHIP.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT PIERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04062207223
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PRODUCERS PARTNERSHIP INC
ReturnHeader/Filer/BusinessNameControlTxt0PROD
ReturnHeader/Filer/EIN0852037314
ReturnHeader/Filer/PhoneNum04062207223
ReturnHeader/Filer/USAddress/AddressLine1Txt0356 FRONTAGE ROAD EAST
ReturnHeader/Filer/USAddress/CityNm0LIVINGSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MT
ReturnHeader/Filer/USAddress/ZIPCd059047
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0480567703
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PINION LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01019 EAST MAIN STREET SUITE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOZEMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd059715
ReturnHeader/PreparerPersonGrp/PhoneNum04065566160
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BILL MILLS
ReturnHeader/ReturnTs02024-11-15T09:30:57-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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