Flathead Community Foundation INC

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Mission: to enrich the lives of present and future generations by supporting philanthropy in the communities we serve by gathering donors' gifts in permanent endowments or pass-through funds; growing individual funds through wise investment management; and distributing fund proceeds according to donor wishes through grants to local charities.

96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2020
latest Form 990
Concern: the latest return is for FY2020, 6 tax years back; more than 4 tax years.
IRS e-file · Filing history
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Named funders
1
named funder · $20
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$242K
Spent
$273K
To programs
96%
Net assets
$0

From the FY2020 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2020.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $261K Management & general 4% · $10K Fundraising 1% · $2K

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

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Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Flathead Community Foundation 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 15aYes

Programs and updates

Invests donations to grow funds and grant proceeds to local charities.

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Provided by the organization

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1 program · $261K · in their own filed words · FY2020
01

Grantmakingin 2020, we granted $111,403 to 35 nonprofit organizations

$261Kprogram expense

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 · FY2020
Total grants receivedfrom 1 funder$20
Grants paid · 8 grants · $66K · 2020–2020
Rolfing Family Fund GrantsFY2020$7,000
Heart Program INCMD · FY2020$7,000
Flathead Valley Community ColFY2020$6,500
Flathead Food Bank INCMT · FY2020$6,500
Casa for KidsFY2020$6,500
Individual RecipientFY2020$6,000
Individual RecipientFY2020$6,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$242K
Ln 12
Gifts and grantsLn 1h$203K
Investment incomeLn 3$39K
Money outPt IX
$273K
Ln 25
Programscol B$261K
Managementcol C$10K
Fundraisingcol D$2K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$203K
Government grantsLn 1e$12K
Investment incomeLn 3$39K
Gains on assetsLn 7$34K
Total revenueLn 12$242K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1K$0
InvestmentsLn 11–13$1.1M$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$1.1M$0
LiabilitiesLn 26$3K$0
Net assetsLn 32$1.1M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$100K$100K
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$46K$43K$3K$461
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$12K$11K$737$123
Management feesLn 11a$0
Legal feesLn 11b$2K$2K$121$20
Accounting feesLn 11c$10K$9K$586$98
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$4K$3K$224$37
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$31K$29K$2K$309
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$2K$2K$126$21
Other expenses (24a–d)Ln 24$66K$61K$4K$647
All other expensesLn 24e$35$35
Total functional expensesLn 25$273K$261K$10K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2020 Latest Viewing $242K$273K−$31K$0 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $241,605 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $465,391$203,102
I-9 Program service revenue$0
I-10 Investment incomePrior year $33,253$38,503
I-11 Other revenue$0
I-12 Total revenuePrior year $498,644$241,605
I-13 Grants and similar amounts paidPrior year $161,967$100,240
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $52,427$58,395
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $338,557$114,161
I-18 Total expensesPrior year $552,951$272,796
I-19 Revenue less expensesPrior year −$54,307−$31,191
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $241,605 across 9 lines filed
VIII-1e Government grants$12,300
VIII-1f All other contributions, gifts and grants$190,802
VIII-1h Total contributions, gifts and grants$203,102
VIII-3 Investment incomeExcluded from tax $4,180$4,180
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $34,323$34,323
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $34,323 · Excluded from tax $4,180$241,605
Part IX · Statement of functional expenses $272,796 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $100,240$100,240
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 $42,886 · Management $2,767 · Fundraising $461$46,114
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $11,421 · Management $737 · Fundraising $123$12,281
IX-11a Management fees$0
IX-11b Legal feesPrograms $1,869 · Management $121 · Fundraising $20$2,010
IX-11c Accounting feesPrograms $9,093 · Management $586 · Fundraising $98$9,777
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $3,470 · Management $224 · Fundraising $37$3,731
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $28,691 · Management $1,851 · Fundraising $309$30,851
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $1,953 · Management $126 · Fundraising $21$2,100
IX-24 Other expenses (24a–d)Programs $61,133 · Management $3,877 · Fundraising $647$65,657
IX-24e All other expensesManagement $35$35
IX-25 Total functional expensesPrograms $260,756 · Management $10,324 · Fundraising $1,716$272,796
Part X · Balance sheet $0 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,091$0
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, net$0
X-11 Publicly traded securitiesStart of year $1,067,925$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $62,704$0
X-16 Total assetsStart of year $1,131,720$0
X-26 Total liabilitiesStart of year $3,250$0
X-32 Total net assets or fund balancesStart of year $1,128,470$0
X-33 Total liabilities and net assetsStart of year $1,131,720$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$241,605
XI-2 Total expenses$272,796
XI-3 Revenue less expenses−$31,191
XI-4 Net assets at start of year$1,128,470
XI-9 Other changes in net assets−$1,097,279
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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