Madison River Foundation Inc
- Assets
- $106.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Ennis, MT
- Founding
- 10/2003
- Data as of
- 12/2020
- EIN
- 56-2333733
Organization Overview
Madison River Foundation Inc is located in Ennis, MT. The organization was established in 2003. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 12/2020, Madison River Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison River Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Madison River Foundation Inc generated $82.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $228.3k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE, PROTECT, AND ENHANCE THE MADISON RIVER ECOSYSTEM.
Describe the Organization's Program Activity:
Part 3
FISH SAVING RESCUE AND STREAM RESTRUCTURING AND RESTORATION PROJECTS.
AWARDS AND SCHOLARSHIPS TO STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Malovich Executive Director | 40 | $36,250 | |
Quincey K Johnson Interim Executive Director | 40 | $30,044 | |
Jay Fredrick Vice Chair | 20 | $0 | |
James Slattery Chair | 20 | $0 | |
Jim Kramer Secretary | 20 | $0 | |
Michael Reck Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,198 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $248 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,469 |
| Total Revenue | $82,915 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $73,498 |
| Professional fees and other payments to independent contractors | $2,994 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,451 |
| Total expenses | $228,264 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,750 |
| Other assets | $0 |
| Total assets | $106,121 |
| Total liabilities | $5,502 |
| Net assets or fund balances | $100,619 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Madison River Foundation Inc has recieved totaling $94,500.
| Awarding Organization | Amount |
|---|---|
Ed And Yvonne Parish Foundation Danville, CA PURPOSE: GENERAL SUPPORT | $26,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $25,000 |
Willard L Eccles Charitable Foundation Salt Lake City, UT PURPOSE: GENERAL CHARITABLE PURPOSES | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $7,500 |
Leslie Miller And Richard Worley Foundation Bryn Mawr, PA PURPOSE: GENERAL FUNDS | $7,500 |
Teels Marsh Foundation Avon, CT PURPOSE: GENERAL SUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Big Sky Community Organization Big Sky, MT | $24,570,577 | $5,895,633 |
International Water Institute Fargo, ND | $1,362,645 | $1,044,274 |
Gallatin River Task Force Big Sky, MT | $1,090,847 | $1,143,872 |
Project Wet Foundation Bozeman, MT | $1,436,177 | $911,425 |
Friends Of The Teton River Inc Driggs, ID | $842,983 | $865,549 |
Montana Aquatic Resources Services Inc Livingston, MT | $3,329,072 | $454,579 |
Red River Basin Commission Fargo, ND | $574,607 | $550,424 |
Four Corners Community Foundation Bozeman, MT | $917,180 | $500,204 |
Wilderness Watch Inc Missoula, MT | $3,588,790 | $724,233 |
Oden Water Association Inc Sandpoint, ID | $3,332,723 | $609,493 |
Montana Watershed Coordination Council Inc Helena, MT | $240,236 | $455,668 |
Big Hole Watershed Committee Divide, MT | $161,701 | $410,003 |