FLATHEAD LAND TRUST

EIN: 363479966 501(c)(3) Environment

KALISPELL, MT

Total Revenue
$3,424,830
Total Expenses
$2,723,643
Total Assets
$2,202,422
Net Assets
$2,170,805
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
MT
Principal Officer
GREG GUNDERSON
Phone
4067528293
Tax Period
2023-01-01 to 2023-12-31

FLATHEAD LAND TRUST, founded in 1985, is a community nonprofit in the Environment sector that reported $3.4M in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $701K, a strong 20% operating margin.

Mission

FLATHEAD LAND TRUST IS DEDICATED TO THE CONSERVATION OF NORTHWEST MONTANA'S LAND AND WATER LEGACY THROUGH VOLUNTARY AGREEMENTS WITH PRIVATE LAND OWNERS. FLT'S PRIMARY PROGRAM SERVICE IS PRIVATE LAND CONSERVATION THROUGH VOLUNTARY AGREEMENTS WITH LANDOWNERS (CONSERVATION EASEMENTS); WITHIN THAT PROGRAM SERVICE FLT DEVELOPS, NEGOTIATES, AND ACCEPTS DONATED CONSERVATION EASEMENTS. IN ADDITION WITH BOTH PRIVATE AND FEDERAL FUNDS, FLT PURCHASES CONSERVATION EASEMENTS.

Program Service Accomplishments

Program 1
Expenses: $2,526,298

CONSERVATION:1. A 24-ACRE CONSERVATION EASEMENT WAS DONATED NEAR THE STILLWATER RIVER NORTHWEST OF WHITEFISH. THE PROPERTY IS ADJACENT TO AND COMPLIMENTS ANOTHER TWENTY-SEVEN-ACRE PROPERTY ALREADY...

Read more

CONSERVATION:1. A 24-ACRE CONSERVATION EASEMENT WAS DONATED NEAR THE STILLWATER RIVER NORTHWEST OF WHITEFISH. THE PROPERTY IS ADJACENT TO AND COMPLIMENTS ANOTHER TWENTY-SEVEN-ACRE PROPERTY ALREADY CONSERVED WITH AN FLATHEAD LAND TRUST EASEMENT. CONSERVING THE PROPERTY PRESERVES THIS WILDLIFE HABITAT AS WELL AS ITS WORKING AGRICULTURAL LAND AND THE SCENIC VALUE OF THE PROPERTY ALONG HIGHWAY 93. 2. A 40-ACRE CONSERVATION EASEMENT WAS DONATED ALONG THE SWAN RIVER NEAR BIGFORK. THE PARCEL BORDERS A THIRD OF A MILE OF THE SWAN RIVER AND CONTAINS A MOSAIC OF RIPARIAN FOREST AND WETLANDS SUPPORTING A MYRIAD OF BIRDS AND WILDLIFE. 3. FLATHEAD LAND TRUST, IN PARTNERSHIP WITH THE TRUST FOR PUBLIC LAND (TPL)AND MONTANA LAND RELIANCE (MLR), OPENED THE HARRELL FOREST COMMUNITY TRAILS LOCATED 1/2 MILE NORTH OF BIGFORK TO THE PUBLIC. THE 238-ACRE RECREATIONAL OASIS, WHICH FLATHEAD LAND TRUST OWNS AND MANAGES, IS NESTLED ON THE FLANKS OF SWAN HILL AND WAS PERMANENTLY PROTECTED THROUGH A CONSERVATION EASEMENT IN 2022 IN PARTNERSHIP WITH MLR. LAND THAT WAS ONCE SLATED FOR DEVELOPMENT OF 17 NEW RESIDENTIAL LOTS, THE HARRELL FOREST COMMUNITY TRAILS NOW REPRESENT A TRIUMPH FOR CONSERVATION AND PUBLIC ACCESS. THE COMMUNITY NOW HAS ACCESS TO SEVERAL STACKED LOOPS OF HIKING AND BIKING TRAILS, PROVIDING ROUND-TRIP TREKS OF UP TO 7 MILES, A NEW TRAILHEAD AND AWE-INSPIRING VISTAS OVERLOOKING THE PRISTINE WATERS OF FLATHEAD LAKE AND THE MAJESTIC SWAN MOUNTAIN RANGE. FLT AND PARTNERS WORKED WITH MULTIPLE CONTRACTORS AND DESIGNERS TO BUILD THE TRAILS AND TRAILHEAD OVER THE SUMMER OF 2023, COMPLETING THE PROJECT JUST BEFORE THE GRAND OPENING ON SEPTEMBER 22ND.

Program 2
Expenses: $33,084

EDUCATION AND OUTREACH:1. PUBLIC TOURS OF THE OWEN SOWERWINE PROPERTY (MAY - JULY) - ORGANIZED AND CONDUCTED 16 TOURS OF THE PROPERTY WITH OVER 160 TOTAL PEOPLE ATTENDING. TOURS WERE ORGANIZED WITH...

Read more

EDUCATION AND OUTREACH:1. PUBLIC TOURS OF THE OWEN SOWERWINE PROPERTY (MAY - JULY) - ORGANIZED AND CONDUCTED 16 TOURS OF THE PROPERTY WITH OVER 160 TOTAL PEOPLE ATTENDING. TOURS WERE ORGANIZED WITH PARTNERS FLATHEAD AUDUBON AND FLATHEAD LAKERS. 2. CONDUCTED MULTIPLE BIRD EDUCATION PROGRAM TOURS WITH 7TH AND 8TH GRADERS FROM WEST VALLEY MIDDLE SCHOOL, EVERGREEN JR. HIGH AND BIGFORK JR HIGH TO VARIOUS BIRDING SPOTS IN THE FLATHEAD VALLEY INCLUDING WEST VALLEY WETLANDS, OWEN SOWERWINE AND CHURCH SLOUGH.3. GRAND OPENING OF HARRELL FOREST CELEBRATION AND TOURS OF THE TRAILS - CELEBRATED WITH THE PUBLIC THE OPENING OF THE HARRELL FOREST COMMUNITY TRAILS AND OFFERED TOURS TO THE PUBLIC ON SEPTEMBER 22.

Program 3
Expenses: $14,197

STEWARDSHIP:MONITORED ALL 72 CONSERVATION EASEMENTS (ENCOMPASSING 13,896 ACRES) AND ONE RESTRICTED COVENANT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,374,878
Program Service Revenue $3,066
Investment Income $35,158
Other Revenue $11,728
TOTAL REVENUE $3,424,830

Expense Breakdown

Grants Paid $0
Salaries & Benefits $245,705
Fundraising Expenses $56,830
Program Expenses $2,573,579
Other Expenses $2,477,938
TOTAL EXPENSES $2,723,643

Year-over-Year Comparison

2023 2022 Change
Revenue $3,424,830 $6,809,562 -0.5%
Expenses $2,723,643 $6,351,416 -0.6%
Net Income $701,187 $458,146 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
4
Volunteers
20

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
6
$71,703
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG GUNDERSON PRESIDENT 1.00
Officer Director
$0 $0 $0
BILL CORWIN PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
JIM RAFERTY TREASURER 1.00
Officer Director
$0 $0 $0
MARGARET NOTLEY PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
RICK MACE DIRECTOR 0.50
Director
$0 $0 $0
KARL RUDBACH DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER ROGGE DIRECTOR 0.50
Director
$0 $0 $0
REBECCA HUGHES DIRECTOR 0.50
Director
$0 $0 $0
CHRIS ALBERT SECRETARY 1.00
Officer Director
$0 $0 $0
LISA FLOWERS DIRECTOR 0.50
Director
$0 $0 $0
PAUL TRAVIS EXECUTIVE DIRECTOR 40.00
Officer
$69,636 $2,067 $71,703
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
2024 No data No data No data No data
2023 $3,424,830 $2,723,643 $2,202,422 $701,187
2022 $6,809,562 $6,351,416 $1,429,001 $458,146
2021 $1,601,887 $1,163,421 $1,069,180 $438,466
2020 $1,859,146 $1,710,218 $706,822 $148,928
2019 $364,075 $346,141 $513,983 $17,934
2018 $2,095,655 $2,148,271 $453,562 $-52,616
Explore More Nonprofits
Top 100 Nonprofits in Montana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FLATHEAD LAND TRUST with other nonprofits in Montana and across the country.