FLATHEAD INDUSTRIES

EIN: 237359797 501(c)(3) Employment

KALISPELL, MT

Total Revenue
$13,336,790
Total Expenses
$13,002,305
Total Assets
$14,448,745
Net Assets
$13,329,449
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
MT
Principal Officer
PATRICK MADDISON
Phone
4067557656
Tax Period
2023-07-01 to 2024-06-30

FLATHEAD INDUSTRIES, founded in 1974, is a mid-sized nonprofit in the Employment sector that reported $13.3M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

PROVIDE SERVICES TO PEOPLE WITH DISABILITIES. FLATHEAD INDUSTRIES' MISSION IS TO CREATE OPPORTUNITIES FOR PEOPLE WITH DISABILITIES. ITS PURPOSE IS TO PLAN, DEVELOP, AND OPERATE A COST EFFECTIVE AND COMPREHENSIVE RANGE OF SERVICES FOR PERSONS WITH DISABILITIES IN AREAS OF EMPLOYMENT AND COMMUNITY LIVING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,865,674
Program Service Revenue $1,373,024
Investment Income $146,175
Other Revenue $-48,083
TOTAL REVENUE $13,336,790

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,504,610
Fundraising Expenses $0
Program Expenses $11,532,837
Other Expenses $2,497,695
TOTAL EXPENSES $13,002,305

Year-over-Year Comparison

2023 2022 Change
Revenue $13,336,790 $12,054,802 +0.1%
Expenses $13,002,305 $11,652,520 +0.1%
Net Income $334,485 $402,282 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
319
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$691,682
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK MADDISON CEO 45.00
Officer
$167,730 $18,257 $185,987
VICKIE POYNTER CEO 45.00
Officer
$171,043 $8,954 $179,997
CARMEN JELSING CFO 45.00
Officer
$111,698 $18,108 $129,806
KATHY SCHENCK VP HR 45.00
Officer
$82,009 $15,975 $97,984
MITCHELL MCKINLEY VP OPERATIONS 45.00
Officer
$85,431 $12,477 $97,908
DENNIS GREEN President 3.00
Officer Director
$0 $0 $0
JOHN CONSTENIUS Vice President 3.00
Officer Director
$0 $0 $0
BEN HAMMER Secretary 3.00
Officer Director
$0 $0 $0
BRET LINDSAY MEMBER 3.00
Director
$0 $0 $0
SUSAN PIRRIE MUNSINGER MEMBER 3.00
Director
$0 $0 $0
ELLEN ROWE MEMBER 3.00
Director
$0 $0 $0
KERRY CULVER MEMBER 3.00
Director
$0 $0 $0
SHAY SMITHWICK-HANN MEMBER 3.00
Director
$0 $0 $0
MEGAN TIMM MEMBER 3.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $13,336,790 $13,002,305 $14,448,745 $334,485
2023 $12,054,802 $11,652,520 $13,613,107 $402,282
2022 $11,698,127 $10,200,480 $13,457,403 $1,497,647
2021 $10,780,819 $9,308,480 $11,812,058 $1,472,339
2020 $9,159,494 $8,483,224 $10,187,743 $676,270
2019 $8,883,188 $8,172,976 $9,470,458 $710,212
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