Rimrock Foundation FY2020 filing

Tax-deductible

Billings, MT501(c)(3)Since 1968EIN 81-0302870Revenue $15.1M in FY2020

On file with the IRSrimrock.org1231 N 29th St, 59101-0122 · Billings, MTTax-exempt since Dec 1981Hospital or medical research org — 170(b)(1)(A)(iii)

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Cost-effective treatment and rehabilitation for adults and adolescents.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$1.2M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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 $643K a year · 5% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $25K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.7M
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$15.1M
Spent
$13.1M
To programs
84%
Net assets
$8.7M
By yearFY2020–FY2024
Revenue
$15.1M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$15.1M
FY2021$16.7M
FY2022$15.6M
FY2023$9.8M
FY2024$13.3M
Expenses
$13.1M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$13.1M
FY2021$15.6M
FY2022$16.1M
FY2023$15.5M
FY2024$13.5M
Net assets
$8.7M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$8.7M
FY2021$9.9M
FY2022$9.4M
FY2023$3.6M
FY2024$3.4M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1981.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $11.0M Management & general 16% · $2.1M

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

19 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation
$235,354Pt VII · Sec A
$217,121Pt VII · Sec A
$167,707Pt VII · Sec A
$123,397Pt VII · Sec A
$119,993Pt VII · Sec A
$114,990Pt VII · Sec A
$113,507Pt VII · Sec A
$112,569Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lennette Kosovich—$310,451———
Lenette Kosovich——$237,703$226,492$217,121
Dr David Carlson———$234,977$235,354
Sharon Mulvehill$229,300$161,800———
Dr Erin Lewis——$217,467$205,239$167,707
Jeffrey Keller$160,610————
Heather Sweten$124,460$114,400$134,085——
Diane Quick——$131,358——

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.

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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

Provides affordable treatment and rehabilitation for adults and adolescents.

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Provided by the organization

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3 programs · $4.0M · in their own filed words · FY2020
01

Rimrock Foundation provides detoxification services to over 646 clients generating total revenues of $1,406,548 of which discounts are $666,332 and free care of $73,419 were provided to clients who were determined unable to pay for the services. Many times these clients would transfer to inpatient treatment for adults.

$2.6Mprogram expense
02

Rimrock Foundation provides substance abuse treatment for women at their Ada's House, Freedom House and Cedar Way facilities in Billings, MT. A total of 313 clients were served in 2020. Revenues totaled $4,086,945 of which $2,563,562 were discounted. These clients are lower income and qualify for Medicaid.

$827Kprogram expense
03

Rimrock Foundation provides substance abuse treatment for men at their White Birch North and South facilities in Billings, MT. A total of 299 clients were served in 2020. Revenues totaled $4,302,129 of which $2,692,435 were discounted. These clients are lower income and qualify for Medicaid.

$568Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$25K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$15.1M
Ln 12
Fees for servicesLn 2g$10.5M
Gifts and grantsLn 1h$4.3M
Investment incomeLn 3$369K
Money outPt IX
$13.1M
Ln 25
Programscol B$11.0M
Managementcol C$2.1M
Owns and owesPt X
$8.7M
net assets · Ln 32
Cash and savingsLn 1–2$4.9M
Total assetsLn 16$10.4M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
19
listed · VII A
PaidVII A8
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.3M
Government grantsLn 1e$4.1M
Fees for servicesLn 2g$10.5M
Investment incomeLn 3$369K
Gains on assetsLn 7$366K
Total revenueLn 12$15.1M
Assets in detailPt X, end of year
SavingsLn 2$4.9M
Cash and savings togetherLn 1–2$4.9M
InvestmentsLn 11–13$30K
Land, buildings, equipmentLn 10c$4.0M
Other assetsLn 15$254K
Total assetsLn 16$10.4M
LiabilitiesLn 26$1.7M
Net assetsLn 32$8.7M
OperationsPt I, VI
EmployeesI 5309
VolunteersI 611
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.7M$4.9M
InvestmentsLn 11–13$26K$30K
Land, buildings, equipmentLn 10c$4.5M$4.0M
Total assetsLn 16$9.0M$10.4M
LiabilitiesLn 26$2.3M$1.7M
Net assetsLn 32$6.7M$8.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$651K$76K$575K
Other salaries and wagesLn 7$7.8M$7.1M$664K
Other employee benefitsLn 9$490K$428K$63K
Payroll taxesLn 10$734K$615K$119K
Accounting feesLn 11c$70K$70K
Other fees for servicesLn 11g$543K$463K$79K
Advertising and promotionLn 12$243K$243K
Office expensesLn 13$197K$141K$55K
OccupancyLn 16$281K$222K$60K
TravelLn 17$72K$67K$5K
Conferences, conventions and meetingsLn 19$43K$36K$6K
InterestLn 20$23K$8K$16K
Depreciation, depletion and amortizationLn 22$487K$487K
InsuranceLn 23$239K$202K$37K
Other expenses (24a–d)Ln 24$993K$983K$10K
All other expensesLn 24e$185K$122K$63K
Total functional expensesLn 25$13.1M$11.0M$2.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $13.3M$13.5M−$156K$3.4M 990 PDF
FY2023 $9.8M$15.5M−$5.8M$3.6M 990 PDF
FY2022 $15.6M$16.1M−$526K$9.4M 990 PDF
FY2021 $16.7M$15.6M$1.2M$9.9M 990 PDF
FY2020 Viewing $15.1M$13.1M$2.1M$8.7M 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 FY2020 990 (6 parts)
Part I · Summary $15,132,600 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $962,715$4,276,777
I-9 Program service revenuePrior year $11,940,498$10,487,198
I-10 Investment incomePrior year $5,699$368,625
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $12,908,912$15,132,600
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $8,748,483$9,673,586
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,379,237$3,376,558
I-18 Total expensesPrior year $12,127,720$13,050,144
I-19 Revenue less expensesPrior year $781,192$2,082,456
Part VI · Governance 11 of 11 board members independent, 2 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $15,132,600 across 8 lines filed
Lines not itemized here account for $85,502 of total revenue; see the IRS return.
VIII-1a Federated campaigns$88,815
VIII-1e Government grants$4,105,248
VIII-1f All other contributions, gifts and grants$82,714
VIII-1h Total contributions, gifts and grants$4,276,777
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,401,696$10,401,696
VIII-3 Investment incomeExcluded from tax $2,409$2,409
VIII-7 Net gain or loss on sales of assetsExcluded from tax $366,216$366,216
VIII-12 Total revenueRelated to mission $10,487,198 · Unrelated business $0 · Excluded from tax $368,625$15,132,600
Part IX · Statement of functional expenses $13,050,144 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $75,600 · Management $574,952$650,552
IX-7 Other salaries and wagesPrograms $7,134,047 · Management $664,345$7,798,392
IX-9 Other employee benefitsPrograms $427,574 · Management $62,607$490,181
IX-10 Payroll taxesPrograms $615,477 · Management $118,984$734,461
IX-11c Accounting feesManagement $70,079$70,079
IX-11g Other fees for servicesPrograms $463,469 · Management $79,187$542,656
IX-12 Advertising and promotionManagement $243,203$243,203
IX-13 Office expensesPrograms $141,372 · Management $55,337$196,709
IX-16 OccupancyPrograms $221,851 · Management $59,518$281,369
IX-17 TravelPrograms $66,718 · Management $5,127$71,845
IX-19 Conferences, conventions and meetingsPrograms $36,373 · Management $6,215$42,588
IX-20 InterestPrograms $7,786 · Management $15,611$23,397
IX-22 Depreciation, depletion and amortizationPrograms $487,194$487,194
IX-23 InsurancePrograms $201,921 · Management $37,477$239,398
IX-24 Other expenses (24a–d)Programs $983,207 · Management $9,568$992,775
IX-24e All other expensesPrograms $122,123 · Management $63,222$185,345
IX-25 Total functional expensesPrograms $10,984,712 · Management $2,065,432 · Fundraising $0$13,050,144
Part X · Balance sheet $10,440,559 assets, 16 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,734,068$4,852,604
X-3 Pledges and grants receivableStart of year $101,547$136,617
X-4 Accounts receivableStart of year $2,269,555$1,067,994
X-9 Prepaid expenses and deferred chargesStart of year $98,101$119,125
X-10c Land, buildings and equipment, netStart of year $4,541,469$3,979,705
X-11 Publicly traded securitiesStart of year $26,023$30,318
X-15 Other assetsStart of year $212,583$254,196
X-16 Total assetsStart of year $8,983,346$10,440,559
X-17 Accounts payable and accrued expensesStart of year $1,360,155$999,449
X-19 Deferred revenueStart of year $179,241$100,266
X-25 Other liabilitiesStart of year $181,651$199,074
X-26 Total liabilitiesStart of year $2,332,372$1,702,834
X-27 Net assets without donor restrictionsStart of year $6,617,345$8,704,096
X-28 Net assets with donor restrictionsStart of year $33,629$33,629
X-32 Total net assets or fund balancesStart of year $6,650,974$8,737,725
X-33 Total liabilities and net assetsStart of year $8,983,346$10,440,559
Part XI · Reconciliation of net assets $8,737,725 net assets at year end
XI-1 Total revenue$15,132,600
XI-2 Total expenses$13,050,144
XI-3 Revenue less expenses$2,082,456
XI-4 Net assets at start of year$6,650,974
XI-5 Net unrealized gains (losses) on investments$4,295
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$8,737,725

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

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