Civic Intelligence

Fishtrap Inc.

990 • Fiscal year 2022 • EIN 93-1075971

Aug 01, 2021 to Jul 31, 2022 • Filed on Jan 25, 2023

PO Box 38Enterprise, OR 97828

(541) 426-3623

Siviq Scores

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

Liabilities / Assets

59th percentile

0.05x

Higher debt load relative to assets than 59% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

56th percentile

0.04x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

83rd percentile

37%

Higher net margin than 83% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

90th percentile

76%

Faster asset growth than 90% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

90%

Faster revenue growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$593,590

Up $256,230 (+76%) from 2021

Net Assets

Up

$566,110

Up $281,467 (+99%) from 2021

Liabilities

Down

$27,480

Down $25,237 (-48%) from 2021

Revenue

Up

$769,360

Up $363,524 (+90%) from 2021

Expenses

Up

$487,894

Up $172,462 (+55%) from 2021

Net Income

Up

$281,466

Up $191,062 (+211%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $237,905Liabilities 2011: $105,460Net Assets 2011: $132,4452011Assets 2012: $226,282Liabilities 2012: $76,782Net Assets 2012: $149,5002012Assets 2013: $237,150Liabilities 2013: $48,899Net Assets 2013: $188,2512013Assets 2014: $361,461Liabilities 2014: $145,995Net Assets 2014: $215,4662014Assets 2015: $233,096Liabilities 2015: $13,241Net Assets 2015: $219,8552015Assets 2016: $194,028Liabilities 2016: $37,055Net Assets 2016: $156,9732016Assets 2017: $258,292Liabilities 2017: $32,272Net Assets 2017: $226,0202017Assets 2018: $240,950Liabilities 2018: $56,768Net Assets 2018: $184,1822018Assets 2019: $179,052Liabilities 2019: $27,384Net Assets 2019: $151,6682019Assets 2020: $221,818Liabilities 2020: $27,579Net Assets 2020: $194,2392020Assets 2021: $337,360Liabilities 2021: $52,717Net Assets 2021: $284,6432021Assets 2022: $593,590Liabilities 2022: $27,480Net Assets 2022: $566,1102022Assets 2023: $456,128Liabilities 2023: $7,704Net Assets 2023: $448,4242023Assets 2024: $398,626Liabilities 2024: $17,674Net Assets 2024: $380,9522024Assets 2025: $400,853Liabilities 2025: $28,731Net Assets 2025: $372,1222025

Highlighted filing

2022

Assets$593,590
Liabilities$27,480
Net Assets$566,110

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $360,363Expenses 2011: $395,158Net Income 2011: -$34,7952011Revenue 2012: $385,649Expenses 2012: $368,594Net Income 2012: $17,0552012Revenue 2013: $429,860Expenses 2013: $391,109Net Income 2013: $38,7512013Revenue 2014: $394,926Expenses 2014: $367,710Net Income 2014: $27,2162014Revenue 2015: $450,964Expenses 2015: $446,578Net Income 2015: $4,3862015Revenue 2016: $376,643Expenses 2016: $439,524Net Income 2016: -$62,8812016Revenue 2017: $471,320Expenses 2017: $435,055Net Income 2017: $36,2652017Revenue 2018: $423,901Expenses 2018: $465,739Net Income 2018: -$41,8382018Revenue 2019: $437,893Expenses 2019: $470,407Net Income 2019: -$32,5142019Revenue 2020: $396,195Expenses 2020: $353,623Net Income 2020: $42,5722020Revenue 2021: $405,836Expenses 2021: $315,432Net Income 2021: $90,4042021Revenue 2022: $769,360Expenses 2022: $487,894Net Income 2022: $281,4662022Revenue 2023: $407,246Expenses 2023: $487,695Net Income 2023: -$80,4492023Revenue 2024: $448,734Expenses 2024: $516,206Net Income 2024: -$67,4722024Revenue 2025: $507,669Expenses 2025: $516,500Net Income 2025: -$8,8312025

Highlighted filing

2022

Revenue$769,360
Expenses$487,894
Net Income$281,466
Jump To
Filing Snapshot
Filing Period
Aug 1, 2021 to Jul 31, 2022
Signed
Jan 25, 2023
Return Version
2021v4.2
Gross Receipts
$899,338
Mission and Program Overview

Mission

To promote clear thinking and good writing in and about the West

Fishtrap conducts workshops, retreats, conferences, lectures, classes and a variety of other events at venues in Wallowa County, Oregon. These programs serve local and regional audiences, youth and adult, rural and urban

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$60,504$225,487▲ $164,983
Cash and Non-Interest-Bearing Accounts$55,661$141,756▲ $86,095
Accounts Receivable$68,859$68,371▼ $488
Land, Buildings, and Equipment, Net$108,234$1,290▼ $106,944
Total Assets$337,360$593,590▲ $256,230
Other Assets Total$44,102$156,686▲ $112,584
Liabilities
Other Liabilities$35,430--
Accounts Payable and Accrued Expenses$17,287$27,480▲ $10,193
Total Liabilities$52,717$27,480▼ $25,237
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$198,035$474,819▲ $276,784
Net Assets With Donor Restrictions$86,608$91,291▲ $4,683
Total Net Assets Fund Balance$284,643$566,110▲ $281,467
Total Liabilities and Net Assets / Fund Balance$337,360$593,590▲ $256,230

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,290$53,329$54,619
Other Land Buildings-$1,394$1,394
Other Assets Org$2,250--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$33,354$135,000▼ $10,270$3,649$154,435
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff FieldsPresident
Ashley TackettVice President
Judy WandschneiderDirector
Kate ForsterDirector
Tereza JelenovaDirector
Veronica WarnockDirector
Elizabeth OliverSecretary
Jennifer PiperTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$296,996
Program Service Revenue
$201,569
Investment Income
$230,872
Other Revenue
$39,923
All Other Contributions
$277,045
Change in Net Assets
$281,466
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$261,048
Salaries, Compensation, and Employee Benefits$226,846
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$59,366$130,022-$189,388
Fees for Services Other$44,704--$44,704
Occupancy$15,245$6,967-$22,212
All Other Expenses-$21,113-$21,113
Payroll Taxes$6,194$13,382-$19,576
Other Employee Benefits$5,658$12,224-$17,882
Advertising$8,135$7,617-$15,752
Other Expenses$8,066$3,220-$11,286
Office Expenses$5,974$1,943-$7,917
Insurance$4,256--$4,256
Travel-$2,100-$2,100
Fees for Services Accounting$1,023--$1,023
Depreciation Depletion$884--$884
Total Functional Expenses$256,471$231,423$0$487,894
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$625
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
Federal income taxes-
Small business administration PPP loan-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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 B, Line 11B

Per board policy, the Form 990 is distributed to the board members at the next board meeting after it is completed. The executive board reviews the Form 990 in more depth and reports to the full board.

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

Annual review is made after election of the new board members.

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

Before voting on important matters, any potential conflicts of interest are discussed.

Form 990, Part VI, Section C, Line 19

All documents, policies, and financial information are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Fishtrap Inc
EIN
93-1075971
Phone
5414263623
Address
PO Box 38, Enterprise, OR 97828

Signing Officer

Name
Madeline Pullman
Title
President
Phone
5414263623
Signed
2023-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Madeline Pullman
Formed
1991
Legal Domicile
Or
Voting Board Members
8
Independent Board Members
8
Employees
5

Preparer

Firm
SF Gilstrap CPA Inc
Address
902 Sagewood Street, Enterprise, OR 97828
Preparer
Susan F Gilstrap
Phone
5412631322
Supplemental Narrative

Financial Statement Notes

V 4

The funds are held at Oregon Community Foundation for the benefit of the organization. The organization receives annual distributions of the net investment return earned on these assets.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0196774
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14795
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0208729
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt011496
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0118998
IRS990/PYOtherRevenueAmt0151
IRS990/PYProgramServiceRevenueAmt0185460
IRS990/PYRevenuesLessExpensesAmt090404
IRS990/PYSalariesCompEmpBnftPaidAmt0196434
IRS990/PYTotalExpensesAmt0315432
IRS990/PYTotalRevenueAmt0405836
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0281466
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060504
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0225487
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0302416
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0214655
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0253632
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0263505
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0255575
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01289783
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0182
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt011496
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt013
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt023
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt011741
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0201310
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0179685
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0142550
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0174365
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0168799
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0866709
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0266120
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0266120
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0182
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt011496
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt027
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt011741
IRS990ScheduleA/InvestmentIncomeCYPct00.00480
IRS990ScheduleA/InvestmentIncomePYPct00.00540
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.99520
IRS990ScheduleA/PublicSupportPY509Pct00.99460
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt02422612
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0769846
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0394340
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0396182
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0437870
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0424374
IRS990ScheduleA/Total509Grp/TotalAmt02422612
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0770028
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0405836
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0396195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0437893
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0424401
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02434353
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt033354
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0135000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0154435
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-10270
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt03649
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01290
IRS990ScheduleD/EquipmentGrp/DepreciationAmt053329
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt054619
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0154436
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12250
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Oregon Community Foundation
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Rounding
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Security deposits
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01394
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01394
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Small business administration PPP loan
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The funds are held at Oregon Community Foundation for the benefit of the organization. The organization receives annual distributions of the net investment return earned on these assets.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0V 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01290
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0156686
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Per board policy, the Form 990 is distributed to the board members at the next board meeting after it is completed. The executive board reviews the Form 990 in more depth and reports to the full board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Annual review is made after election of the new board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Before voting on important matters, any potential conflicts of interest are discussed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All documents, policies, and financial information are made available to the public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.01$0.29$3.72$5.08$5.17$0.09
2024Detailed filing. Detailed filing data is available for this year.$3.99$0.18$3.81$4.49$5.16$0.67
2023Detailed filing. Detailed filing data is available for this year.$4.56$0.08$4.48$4.07$4.88$0.80
2022Detailed filing. Detailed filing data is available for this year.$5.94$0.27$5.66$7.69$4.88$2.81
2021Detailed filing. Detailed filing data is available for this year.$3.37$0.53$2.85$4.06$3.15$0.90
2020Detailed filing. Detailed filing data is available for this year.$2.22$0.28$1.94$3.96$3.54$0.43
2019Summary only. Only limited summary data is available for this year.$1.79$0.27$1.52$4.38$4.70$0.33
2018Summary only. Only limited summary data is available for this year.$2.41$0.57$1.84$4.24$4.66$0.42
2017Summary only. Only limited summary data is available for this year.$2.58$0.32$2.26$4.71$4.35$0.36
2016Summary only. Only limited summary data is available for this year.$1.94$0.37$1.57$3.77$4.40$0.63
2015Summary only. Only limited summary data is available for this year.$2.33$0.13$2.20$4.51$4.47$0.04
2014Detailed filing. Detailed filing data is available for this year.$3.61$1.46$2.15$3.95$3.68$0.27
2013Summary only. Only limited summary data is available for this year.$2.37$0.49$1.88$4.30$3.91$0.39
2012Summary only. Only limited summary data is available for this year.$2.26$0.77$1.50$3.86$3.69$0.17
2011Summary only. Only limited summary data is available for this year.$2.38$1.05$1.32$3.60$3.95$0.35