Ruby Habitat Foundation EIN 45-0487621

Ruby Habitat Foundation FY2021 filing

EIN  45-0487621 Supporting organization Sheridan, MT
Form 990 (PDF)
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Size
$1–10M
What they do
Preserves natural resources and enhances community well-being in Ruby Valley and Southwest Montana.
Leadership
Lois Delger-Demars · Director
Money in and out
$4.4M revenue, $435K expenses
Bottom line
+90% net inflow

Preserves natural resources and enhances community well-being in Ruby Valley and Southwest Montana. For fiscal year 2021 it reported $4.4M in revenue, $435K in expenses, and $20.1M in net assets.Pt I

Money in and out · FY2021
Total revenue
$4.4M
Pt VIII · Ln 12
Total expenses
$435K
Pt IX · Ln 25
Net assets
$20.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $4.0M
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.10 Fundraising $0.06
Net inflow
+90%
revenue over expenses, this year
Pass-through gifts
20%
of revenue from contributions
Program spending
84%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$4.4M
FY2021▲ +471%
Expenses
$435K
FY2021▲ +13%
Total assets
$20.2M
FY2021▲ +9%
Total liabilities
$104K
FY2021▼ -74%
Total revenue
$4.4M
Pt VIII · Ln 12
Total expenses
$435K
Pt IX · Ln 25
Net assets
$20.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$4.0M
Total assetsPt X · Ln 16$20.2M
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $366K of program spending, described in the organization's own filed words · FY2021.
01

Early in 2011 the foundation was gifted the woodson ranch property. Consistent with the mission and goals of the foundation, we have undertaken to continue to operate the ranch for agricultural purposes, raising hay and grazing cattle. Hay and pasture are sold to generate income.

$353Kprogram expense
02

Practical research and demonstration projects continue on the property to demonstrate economic viability, agricultural sustainability and the coexistence of agricultural operations and wildlife values.

$14Kprogram expense
03

Tours and presentations of ongoing projects were conducted on the foundation property throughout the season, including numerous personal tours for small groups of 1-4 individuals to describe specific conservation practices. No large outreach tours were conducted for students from local schools or other community members in 2021.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRuby Habitat Foundation
EINHdr · item D45-0487621
Principal addressHdr · item CSheridan, MT
WebsiteHdr · item Jwww.rubyhabitat.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C34)
Ruling yearIRS BMFJul 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Ruby Habitat Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income$3.4M · 77%
Contributions & grants$905K · 20%
Program service revenue$83K · 2%
Other revenue$25K · 1%
Investment income77%$3.4M
Contributions & grants20%$905K
Program service revenue2%$83K
Other revenue1%$25K
— government grantsLn 1e$651K
Total revenueLn 12$4.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.10 Fundraising $0.06
Program services84%$366K
Management & general10%$42K
Fundraising6%$27K
Total functional expensesLn 25$435K

Balance Sheet

Part X · end of year
CashLn 1$381K
Total assetsLn 16$20.2M
Total liabilitiesLn 26$104K
Total net assetsLn 32$20.1M
Months of cash on handcomputed10.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $10.6M · Operating expenses (Pt IX) $435K · Less non-cash grants $16K · Cash operating expenses/yr $418K
304.7 months
Where the money goes
Program services
Program services $366K · Total expenses $435K
84%
Management & General
Management & general $42K · Total expenses $435K
10%
Fundraising
Fundraising $27K · Total expenses $435K
6%
Cost to raise $1
Fundraising expense (2-yr avg) $25K · Solicited contributions (2-yr avg) $226K
$0.11 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $905K · Total revenue $4.4M
20%
Government reliance
Government grants $651K · Total revenue $4.4M
15%
Earned-income share
Program service revenue $83K · Total revenue $4.4M
2%
Investment reliance
Investment income $3.4M · Total revenue $4.4M
+77%
Program self-sufficiency
Program service revenue $83K · Total expenses $435K
19%
Growth & trend
Revenue growth (YoY)
This year $4.4M · Prior year $776K
+471%
Net-asset trend (YoY)
End of year $20.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.4M · Expenses $435K
+90%
Liabilities-to-Assets
Total liabilities — · Total assets $20.2M
Net-asset ratio
Net assets $20.1M · Total assets $20.2M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $10.2M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $20.2M
51%
People & payroll
Highest Reported Total Compensation
Individual Lois Delger-Demars · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $435K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $18K · Total expenses $435K
4%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 10%
Fundraising cost ratio 3%
Revenue growth 471%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 10 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.2M revenue · ⤓ 990 PDF
FY2023$1.5M revenue · ⤓ 990 PDF
FY2022$154K revenue · ⤓ 990 PDF
FY2021$4.4M revenue · viewing · ⤓ 990 PDF
FY2020$776K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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