Wind River Development Fund EIN 83-0337192

Wind River Development Fund FY2020 filing

EIN  83-0337192 Public charity (501(c)(3)) Fort Washakie, WY
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 8/24/26 · see original filing: IRS
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Size
$1–10M
What they do
Boosts economic development and quality of life through financial opportunities on the Wind River Indian Reservation.
Leadership
Eric Swack · Executive Director · $83K
Money in and out
$1.1M revenue, $598K expenses
Bottom line
76% program efficiency

Boosts economic development and quality of life through financial opportunities on the Wind River Indian Reservation. For fiscal year 2020 it reported $1.1M in revenue, $598K in expenses, and $4.1M in net assets.Pt I

Where the money goes · FY2020
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$598K
Pt IX · Ln 25
Net assets
$4.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $465K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.18 Fundraising $0.06
Program efficiency
76%
of spending reaches programs
Operating runway
21.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+44%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$1.1M
FY2020▲ +85%
Expenses
$598K
FY2020▼ -22%
Total assets
$5.0M
FY2020▲ +11%
Total liabilities
$915K
FY2020▲ +5%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$598K
Pt IX · Ln 25
Net assets
$4.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$465K
Total assetsPt X · Ln 16$5.0M
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

2 program services account for $455K of program spending, described in the organization's own filed words · FY2020.
01

Development Services

Provides training and technical assistance toentrepreneurs on or near wind river indian reservation. Sponsorsannual business expo for networking opportunities and teaches abusiness planning course.

$389Kprogram expense
02

Lending

Provides loans to small businesses on or near wind riverindian reservation for business purposes or community developmentprojects.

$66Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWind River Development Fund
EINHdr · item D83-0337192
Principal addressHdr · item CFort Washakie, WY
WebsiteHdr · item Jwww.wrdf,org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S30)
Ruling yearIRS BMFNov 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$83,269Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Paul Huberty’s $127K as Executive Di is at the 34th percentile of top reported officer pay among 2834 $1–10M community development 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Paul Huberty$126,809
Eric Swack$115,444$97,812$83,269$19,117
Paul F Huberty$96,282

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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Statement of Revenue

Part VIII
Contributions & grants$902K · 85%
Program service revenue$117K · 11%
Other revenue$45K · 4%
Contributions & grants85%$902K
Program service revenue11%$117K
Other revenue4%$45K
— government grantsLn 1e$8K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.18 Fundraising $0.06
Program services76%$455K
Management & general18%$110K
Fundraising6%$33K
Total functional expensesLn 25$598K

Balance Sheet

Part X · end of year
CashLn 1$1.1M
Total assetsLn 16$5.0M
Total liabilitiesLn 26$915K
Total net assetsLn 32$4.1M
Months of cash on handcomputed21.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses/yr $598K
21.7 months
Where the money goes
Program services
Program services $455K · Total expenses $598K
76%
Management & General
Management & general $110K · Total expenses $598K
18%
Fundraising
Fundraising $33K · Total expenses $598K
6%
Cost to raise $1
Fundraising expense (2-yr avg) $32K · Solicited contributions (2-yr avg) $618K
$0.05 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $902K · Total revenue $1.1M
85%
Government reliance
Government grants $8K · Total revenue $1.1M
1%
Earned-income share
Program service revenue $117K · Total revenue $1.1M
11%
Investment reliance
Investment income $0 · Total revenue $1.1M
0%
Program self-sufficiency
Program service revenue $117K · Total expenses $598K
20%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $576K
+85%
Net-asset trend (YoY)
End of year $4.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $598K
+44%
Liabilities-to-Assets
Total liabilities — · Total assets $5.0M
Net-asset ratio
Net assets $4.1M · Total assets $5.0M
82%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Eric Swack · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $83K · Total expenses $598K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $137K · Total expenses $598K
23%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 18%
Fundraising cost ratio 4%
Revenue growth 85%

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 7 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)$4.9M revenue · ⤓ 990 PDF
FY2023$1.8M revenue · ⤓ 990 PDF
FY2022$1.7M revenue · ⤓ 990 PDF
FY2021$1.3M revenue · ⤓ 990 PDF
FY2020$1.1M revenue · viewing · ⤓ 990 PDF
FY2019$576K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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