Heritage Ranch INC

Tax-deductible

Eastsound, WA501(c)(3)EducationEIN 20-0755792

Rural strengthening services for food, health, cultural, housing and renewable energy capacities.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Run by 15 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $33K a year · 11% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 10.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $35K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$619K
109% of total assets
Concern: liabilities are 109% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$244K
-15% vs prior year
Spent
$263K
To programs
87%
Net assets
−$52K
By yearFY2020–FY2024
Revenue
$244K
FY2024▼ -15%
Revenue by fiscal year
FY2020$145K
FY2021$355K
FY2022$466K
FY2023$286K
FY2024$244K
Expenses
$263K
FY2024▼ -36%
Expenses by fiscal year
FY2020$315K
FY2021$209K
FY2022$460K
FY2023$412K
FY2024$263K
Net assets
−$52K
FY2024▼ -123%
Net assets by fiscal year
FY2020$129K
FY2021$275K
FY2022$281K
FY2023$225K
FY2024−$52K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $229K Management & general 13% · $34K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Executive Dir.
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Marcy Montgomery’s $49K as Executive Director is at the 40th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Marcy Montgomery$49,172$67,000$27,500$36,039

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Heritage Ranch INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Strengthens rural communities through food, health, culture, housing, and energy initiatives.

Provided by the organization

This section is blank until Heritage Ranch INC claims this page.

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3 program services account for $229K of program spending, described in the organization's own filed words · FY2024.
01

Grant veggie RX- food access and nutrition programs in hawaii delivering produce to low in come and health challenged in conjunction with community and clinical organizations. Promoted access to fresh, local fruits and vegetables on remote islands.

$144Kprogram expense
02

Grant cultural- san juan makers guild- the guild developed and delivered a series of educations events and workshops for san juan county makers, wa

$77Kprogram expense
03

Grant green jobs- training programs in wa and hi providing employment and services to low income persons

$8Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
ArtsfundFY2024$35K
Total grants receivedfrom 1 funder$35K
Grants paid · 1 grant · $77K · 2021–2021
Unitemized GrantFY2021$77,223

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$244K
Ln 12
Gifts and grantsLn 1h$221K
Fees for servicesLn 2g$28K
Investment incomeLn 3$5K
Money outPt IX
$263K
Ln 25
Programscol B$229K
Managementcol C$34K
Owns and owesPt X
−$52K
net assets · Ln 32
Cash and savingsLn 1–2$237K
Total assetsLn 16$567K
LiabilitiesLn 26$619K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$221K
Government grantsLn 1e$220K
Fees for servicesLn 2g$28K
Investment incomeLn 3$5K
Gains on assetsLn 7$0
Total revenueLn 12$244K
Assets in detailPt X, end of year
CashLn 1$237K
SavingsLn 2$0
Cash and savings togetherLn 1–2$237K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$299K
Other assetsLn 15$31K
Total assetsLn 16$567K
LiabilitiesLn 26$619K
Net assetsLn 32−$52K
OperationsPt I, VI
EmployeesI 53
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$387K$237K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$307K$299K
Total assetsLn 16$725K$567K
LiabilitiesLn 26$500K$619K
Net assetsLn 32$225K−$52K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$70K$62K$8K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$19$19
Advertising and promotionLn 12$0
Office expensesLn 13$7K$7K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$18K$18K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$162K$162K
All other expensesLn 24e$6K$6K
Total functional expensesLn 25$263K$229K$34K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $244K$263K−$19K−$52K 990 PDF
FY2023 $286K$412K−$126K$225K 990 PDF
FY2022 $466K$460K$6K$281K 990 PDF
FY2021 $355K$209K$146K$275K 990 PDF
FY2020 $145K$315K−$170K$129K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $243,810 across 10 lines filed
VIII-1e Government grants$220,000
VIII-1f All other contributions, gifts and grants$625
VIII-1h Total contributions, gifts and grants$220,625
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $28,207$28,207
VIII-3 Investment incomeRelated to mission $5,322$5,322
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission −$10,344−$10,344
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $23,185$243,810
Part IX · Statement of functional expenses $263,255 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $61,604 · Management $8,090$69,694
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $19$19
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $7,263$7,263
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $18,476$18,476
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $161,601$161,601
IX-24e All other expensesPrograms $6,202$6,202
IX-25 Total functional expensesPrograms $229,407 · Management $33,848 · Fundraising $0$263,255
Part X · Balance sheet $567,196 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $387,316$236,811
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $306,673$299,401
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $30,984$30,984
X-16 Total assetsStart of year $724,973$567,196
X-19 Deferred revenue$129,047
X-26 Total liabilitiesStart of year $499,900$618,823
X-32 Total net assets or fund balancesStart of year $225,073−$51,627
X-33 Total liabilities and net assetsStart of year $724,973$567,196
Part XI · Reconciliation of net assets −$51,627 net assets at year end
XI-1 Total revenue$243,810
XI-2 Total expenses$263,255
XI-3 Revenue less expenses−$19,445
XI-4 Net assets at start of year$225,073
XI-8 Prior period adjustments−$257,255
XI-10 Net assets at end of year−$51,627

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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