Civic Intelligence

Midcoast Watersheds Council

990 • Fiscal year 2024 • EIN 93-1247465

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 09, 2024

PO Box 2273Newport, OR 97365-0168

(541) 265-9195

Siviq Scores

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

Liabilities / Assets

85th percentile

0.42x

Higher debt load relative to assets than 85% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.19x

Higher debt load relative to revenue than 78% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

23rd percentile

-9.9%

Higher net margin than 23% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

9th percentile

-25%

Faster asset growth than 9% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-33%

Faster revenue growth than 10% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$378,548

Down $127,741 (-25%) from 2023

Net Assets

Down

$220,563

Down $80,329 (-27%) from 2023

Liabilities

Down

$157,985

Down $47,412 (-23%) from 2023

Revenue

Down

$811,841

Down $402,912 (-33%) from 2023

Expenses

Down

$892,170

Down $58,101 (-6.1%) from 2023

Net Income

Down

-$80,329

Down $344,811 (-130%) from 2023

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2012: $3,678Liabilities 2012: $9,568Net Assets 2012: -$5,8902012Assets 2014: $30,267Liabilities 2014: $1,724Net Assets 2014: $28,5432014Assets 2017: $4,041Liabilities 2017: $8,000Net Assets 2017: -$3,9592017Assets 2018: $7,597Liabilities 2018: $13,597Net Assets 2018: -$6,0002018Assets 2019: $20,116Liabilities 2019: $13,249Net Assets 2019: $6,8672019Assets 2020: $107,096Liabilities 2020: $2,570Net Assets 2020: $104,5262020Assets 2021: $93,410Liabilities 2021: $28,411Net Assets 2021: $64,9992021Assets 2022: $94,110Liabilities 2022: $57,700Net Assets 2022: $36,4102022Assets 2023: $506,289Liabilities 2023: $205,397Net Assets 2023: $300,8922023Assets 2024: $378,548Liabilities 2024: $157,985Net Assets 2024: $220,5632024Assets 2025: $611,343Liabilities 2025: $183,075Net Assets 2025: $428,2682025

Highlighted filing

2024

Assets$378,548
Liabilities$157,985
Net Assets$220,563

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2012: $399,094Expenses 2012: $421,503Net Income 2012: -$22,4092012Revenue 2014: $400,284Expenses 2014: $354,767Net Income 2014: $45,5172014Revenue 2017: $252,466Expenses 2017: $256,114Net Income 2017: -$3,6482017Revenue 2018: $222,514Expenses 2018: $224,555Net Income 2018: -$2,0412018Revenue 2019: $371,138Expenses 2019: $358,271Net Income 2019: $12,8672019Revenue 2020: $1,249,943Expenses 2020: $1,152,284Net Income 2020: $97,6592020Revenue 2021: $1,171,729Expenses 2021: $1,189,452Net Income 2021: -$17,7232021Revenue 2022: $820,024Expenses 2022: $848,613Net Income 2022: -$28,5892022Revenue 2023: $1,214,753Expenses 2023: $950,271Net Income 2023: $264,4822023Revenue 2024: $811,841Expenses 2024: $892,170Net Income 2024: -$80,3292024Revenue 2025: $1,598,972Expenses 2025: $1,402,700Net Income 2025: $196,2722025

Highlighted filing

2024

Revenue$811,841
Expenses$892,170
Net Income-$80,329
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 9, 2024
Return Version
2023v5.0
Gross Receipts
$811,841
Mission and Program Overview

Mission

The midcoast watersheds council is a local non-profit organization dedicated to improving the health of streams and watersheds of oregon's central coast so they produce clean water, rebuild healthy salmon populations, and in turn support a healthy coastal ecosystem, economy, and culture.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$51,237$261,467▲ $210,230
Cash and Non-Interest-Bearing Accounts$438,503$43,754▼ $394,749
Pledges and Grants Receivable$9,850$33,316▲ $23,466
Land, Buildings, and Equipment, Net$5,800$27,133▲ $21,333
Prepaid Expenses and Deferred Charges$899$10,456▲ $9,557
Accounts Receivable-$2,422-
Total Assets$506,289$378,548▼ $127,741
Liabilities
Accounts Payable and Accrued Expenses$195,424$156,062▼ $39,362
Other Liabilities$9,973$1,923▼ $8,050
Total Liabilities$205,397$157,985▼ $47,412
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$300,892$220,563▼ $80,329
Total Net Assets Fund Balance$300,892$220,563▼ $80,329
Total Liabilities and Net Assets / Fund Balance$506,289$378,548▼ $127,741

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$27,133$16,039$43,172
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike BroiliChair
Paul EngelmeyerVice Chair
Bill MontgomeryDirector at
Fred HolzmerDirector at
Jeff FeldnerCommer Fishi
Natalie SchaeferEducation Re
Jennifer BeatheIndustry for
Paul SeitzLocal Govern
Joe RohlederRec Fishing
Fran RechtRecorder
Don LarsenSiletz Water
Joe SteereSmall Woodlo
Brandon LarabeeTribal Rep
Revenue and Support

Revenue Composition

Contributions and Grants
$787,257
Program Service Revenue
$20,690
Investment Income
$2,375
Other Revenue
$1,519
All Other Contributions
$46,856
Change in Net Assets
$-80,329
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$532,941
Salaries, Compensation, and Employee Benefits$359,229
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$184,980$86,306-$271,286
Other Employee Benefits$53,707$8,033-$61,740
Fees for Services Accounting-$23,450-$23,450
Payroll Taxes$15,577$6,729-$22,306
Occupancy-$13,836-$13,836
Insurance$5,724$7,853-$13,577
Travel$4,530$4,030-$8,560
Office Expenses$1,864$4,765-$6,629
Depreciation Depletion$4,381$1,877-$6,258
Pension Plan Contributions$2,507$1,390-$3,897
Conferences and Meetings-$3,395-$3,395
Other Expenses$2,157$4,414-$2,157
All Other Expenses$1,711$30-$1,741
Advertising-$116-$116
Total Functional Expenses$725,946$166,224$0$892,170
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,519
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
Payroll Benefits$1,923
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, Page 6, Part VI, Line 11B

The return is prepared by an independent cpa. The tax return is then reviewed by the office manager and presented to the administrative committee, a subset of the full board of directors (that has been delegated to review financial statements and tax returns, among other administrative matters), for their review.

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

The administrator meets monthly with staff and reviews their written staff reports and all reimbursement expenditures to identify any potential conflicts of interest. Board members that have any planned expenditures come to the administration committee for permission prior to the expenditure.

Form 990, Page 6, Part VI, Line 19

The by-laws of the council are posted on its website.

Filing and Contact Details

Filer

Filer Name
Midcoast Watersheds Council
EIN
93-1247465
Phone
5412659195
Address
PO BOX 2273, NEWPORT, OR 97365-0168

Signing Officer

Name
Mike Broili
Title
Chair
Phone
5412700022
Signed
2024-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Broili
Formed
1998
Legal Domicile
Or
Voting Board Members
13
Independent Board Members
5
Employees
12

Preparer

Firm
Grimstad & Associates
Address
PO BOX 1930, NEWPORT, OR 97365
Preparer
Signe Grimstad
Phone
5412655411
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The midcoast watersheds council is a local non-profit organization dedicated to improving the health of streams and watersheds of oregon's central coast so they produce clean water, rebuild healthy salmon populations, and in turn support a healthy coastal ecosystem, economy, and culture.

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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06729
IRS990/PayrollTaxesGrp/ProgramServicesAmt015577
IRS990/PayrollTaxesGrp/TotalAmt022306
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01390
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02507
IRS990/PensionPlanContributionsGrp/TotalAmt03897
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt09850
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt033316
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0899
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010456
IRS990/PrincipalOfficerNm0MIKE BROILI
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IRS990/ProgramServiceRevenueGrp/Desc0MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEES & CONTRACTS GOV AGENCIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt016963
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13727
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt016963
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13727
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01201786
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06
IRS990/PYOtherExpensesAmt0630004
IRS990/PYProgramServiceRevenueAmt012961
IRS990/PYRevenuesLessExpensesAmt0264482
IRS990/PYSalariesCompEmpBnftPaidAmt0320267
IRS990/PYTotalExpensesAmt0950271
IRS990/PYTotalRevenueAmt01214753
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-80329
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt020690
IRS990/SavingsAndTempCashInvstGrp/BOYAmt051237
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0261467
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0REFUNDS AND REIMBURSEMENTS 2,743
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0787257
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01201786
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0786191
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01155915
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01249816
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05180965
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02375
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0102
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02488
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt083298
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02718
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt025
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02743
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99890
IRS990ScheduleA/PublicSupportPY170Pct00.99930
IRS990ScheduleA/PublicSupportTotal170Amt05180965
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0787257
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01201786
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0786191
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01155915
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01249816
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05180965
IRS990ScheduleA/TotalSupportAmt05186715
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt0519
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0519
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
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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt027133
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016039
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt043172
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01923
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL BENEFITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027133
IRS990ScheduleD/TotalLiabilityAmt01923
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MIDCOAST WATERSHEDS COUNCIL IS A LOCAL NON-PROFIT ORGANIZATION DEDICATED TO IMPROVING THE HEALTH OF STREAMS AND WATERSHEDS OF OREGON'S CENTRAL COAST SO THEY PRODUCE CLEAN WATER, REBUILD HEALTHY SALMON POPULATIONS, AND IN TURN SUPPORT A HEALTHY COASTAL ECOSYSTEM, ECONOMY, AND CULTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS PREPARED BY AN INDEPENDENT CPA. THE TAX RETURN IS THEN REVIEWED BY THE OFFICE MANAGER AND PRESENTED TO THE ADMINISTRATIVE COMMITTEE, A SUBSET OF THE FULL BOARD OF DIRECTORS (THAT HAS BEEN DELEGATED TO REVIEW FINANCIAL STATEMENTS AND TAX RETURNS, AMONG OTHER ADMINISTRATIVE MATTERS), FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ADMINISTRATOR MEETS MONTHLY WITH STAFF AND REVIEWS THEIR WRITTEN STAFF REPORTS AND ALL REIMBURSEMENT EXPENDITURES TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST. BOARD MEMBERS THAT HAVE ANY PLANNED EXPENDITURES COME TO THE ADMINISTRATION COMMITTEE FOR PERMISSION PRIOR TO THE EXPENDITURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BY-LAWS OF THE COUNCIL ARE POSTED ON ITS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt0787257
IRS990/TotalEmployeeCnt012
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0166224
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0725946
IRS990/TotalFunctionalExpensesGrp/TotalAmt0892170
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0205397
IRS990/TotalLiabilitiesEOYAmt0157985
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IRS990/TotalLiabilitiesGrp/EOYAmt0157985
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0300892
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0220563
IRS990/TotalProgramServiceExpensesAmt0725946
IRS990/TotalProgramServiceRevenueAmt020690
IRS990/TotalRevenueGrp/ExclusionAmt03894
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt020690
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0811841
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0506289
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0378548
IRS990/TravelGrp/ManagementAndGeneralAmt04030
IRS990/TravelGrp/ProgramServicesAmt04530
IRS990/TravelGrp/TotalAmt08560
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2273
IRS990/USAddress/CityNm0NEWPORT
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097365
IRS990/VotingMembersGoverningBodyCnt013

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