MONTANA FRESHWATER PARTNERS INC

EIN: 452804436 501(c)(3) Environment

LIVINGSTON, MT

Total Revenue
$829,069
Total Expenses
$1,021,789
Total Assets
$3,785,889
Net Assets
$3,736,742
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MT
Principal Officer
MARCUS PEARSON
Phone
4065792355
Tax Period
2025-01-01 to 2025-12-31

MONTANA FRESHWATER PARTNERS INC, founded in 2011, is a small nonprofit in the Environment sector that reported $829K in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year. Expenses of $1.0M exceeded revenue, resulting in a 23% operating deficit.

Mission

To restore, enhance, and preserve Montana's aquatic resources to maximize their ecological function into the future.

Program Service Accomplishments

Program 1
Expenses: $691,840 Revenue: $124,585

Statewide In-Lieu Fee Program. This program provides compensatory mitigation for unavoidable impacts to Montana wetland and streams, and involves the collection of mitigation fees to pay for...

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Statewide In-Lieu Fee Program. This program provides compensatory mitigation for unavoidable impacts to Montana wetland and streams, and involves the collection of mitigation fees to pay for mitigation site planning, implementation, monitoring and maintenance. MFP accomplished the following for the program: collected mitigation fees, investigated new project locations, prepared project plans for new restoration sites, coordinated construction activities for restoration sites, and completed annual monitoring for existing sites across the state. Give Back to the Yellowstone Stewardship Program: This program uses grant funding and private donations to promote conservation, restoration, flood hazard mitigation, and public education and outreach to conserve, protect and restore the Yellowstone River. An important part of the program are volunteers, who contribute time working directly on projects in field and to helping with fundraising events. MFP accomplished the following for the program: prepared project plans for new restoration sites, coordinated construction activities for restoration sites, coordinated with partners and local landowners to identify new projects, convened a collaborative group of technical experts in water resources, provided technical expertise to the community around flood hazard mitigation and educated the community about natural river processes. Technical Services Program: Under this program Montana Freshwater Partners provides a limited set of technical services for project partners, nonprofit organizations, and private entities and collects fees for these services. MFP accomplished the following for the program: provided technical expertise to support project partners and nonprofit organizations projects that required mitigation technical expertise, wetland delineation and stream restoration technical expertise and water resourcepermitting/policy technical expertise.

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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 (2025)

Revenue Breakdown

Contributions & Grants $530,146
Program Service Revenue $124,585
Investment Income $163,593
Other Revenue $10,745
TOTAL REVENUE $829,069

Expense Breakdown

Grants Paid $0
Salaries & Benefits $554,706
Fundraising Expenses $61,000
Program Expenses $691,840
Other Expenses $459,889
TOTAL EXPENSES $1,021,789

Year-over-Year Comparison

2025 2024 Change
Revenue $829,069 $980,818 -0.2%
Expenses $1,021,789 $857,624 +0.2%
Net Income $-192,720 $123,194 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
7
Volunteers
187

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
5
$112,601
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WENDY WEAVER Executive Dir. 40.00
Officer
$106,594 $6,007 $112,601
MARCUS PEARSON Chair 1.00
Officer Director
$0 $0 $0
SARAH ZUZULOCK Vice Chair 1.00
Officer Director
$0 $0 $0
ELIZABETH FAIRBANK Secretary 1.00
Officer Director
$0 $0 $0
AMIR DARABI-NOFERESTI Treasurer 1.00
Officer Director
$0 $0 $0
TOM PARKER Director 1.00
Director
$0 $0 $0
CAROLINE NEIGHBOR Director 1.00
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 $829,069 $1,021,789 $3,785,889 $-192,720
2024 $980,818 $857,624 $3,878,324 $123,194
2023 $1,256,412 $794,996 $3,704,372 $461,416
2022 $613,470 $658,573 $3,164,168 $-45,103
2021 $454,579 $646,922 $3,329,072 $-192,343
2020 $1,365,240 $337,220 $3,492,660 $1,028,020
2019 $566,593 $328,295 $2,402,880 $238,298
2018 $747,609 $373,047 $2,179,333 $374,562
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