HEART OF THE ROCKIES INITIATIVE

EIN: 463635624 501(c)(3) Environment

MISSOULA, MT

Total Revenue
$1,789,638
Total Expenses
$1,387,194
Total Assets
$888,736
Net Assets
$812,927
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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MT
Principal Officer
JOANN GRANT
Phone
4066402816
Tax Period
2024-01-01 to 2024-12-31

HEART OF THE ROCKIES INITIATIVE, founded in 2013, is a community nonprofit in the Environment sector that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $402K, a strong 22% operating margin.

Mission

The Heart of the Rockies Initiative is a partnership of 29 local, regional, and national land trusts in the Central Rockies of North America. Our mission is to ensure connected habitat and working lands for people and wildlife by increasing the pace of durable conservation. We work from common ground to find lasting, locally-driven solutions to the social and ecological challenges across the region. Together, we help land trusts, landowners, and communities share ideas, connections, and technologies across boundaries. We believe that conservation is rooted in local actions and needs. We bring a community-based approach, founded upon concern and respect for all people and communities of our region.

Program Service Accomplishments

Program 1
Expenses: $640,020 Revenue: $9,057

AS A LAND TRUST PARTNERSHIP, OUR PRIMARY PROGRAM SUPPORTS THE WORK OF OUR LAND TRUST MEMBERS. IN 2024, WE OPERATED A PROGRAM TO ACCELERATE THE PACE OF CONSERVATION OF THE MOST IMPORTANT PRIVATE LANDS...

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AS A LAND TRUST PARTNERSHIP, OUR PRIMARY PROGRAM SUPPORTS THE WORK OF OUR LAND TRUST MEMBERS. IN 2024, WE OPERATED A PROGRAM TO ACCELERATE THE PACE OF CONSERVATION OF THE MOST IMPORTANT PRIVATE LANDS FOR WILDLIFE CONNECTIVITY. WE HELPED INCREASE THE PROFILE OF LOCAL, PRIVATE LAND CONSERVATIONS ROLE IN SUPPORTING COMMUNITIES, ECONOMIES, NATURAL SYSTEMS, AND WILDLIFE POPULATIONS AT A LARGE SCALE. WE DELIVERED THE LATEST SCIENCE TO ON-THE-GROUND PRIVATE LAND CONSERVATION PRACTITIONERS ON LARGE LANDSCAPE ISSUES LIKE CONNECTIVITY, CLIMATE RESILIENCE, AND PRODUCTIVE AGRICULTURALLANDS AT SCALES NEEDED FOR LOCAL DECISIONS.

Program 2
Expenses: $286,378

IN 2023, THE CONFLICT REDUCTION PROGRAM GREW OUT OF THE HIGH DIVIDE COLLABORATIVE INTO ITS OWN PROGRAM. IT ENSURES AGRICULTURAL PRODUCERS AND RURAL COMMUNITIES HAVE RELIABLE AND PREDICTABLE ACCESS TO...

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IN 2023, THE CONFLICT REDUCTION PROGRAM GREW OUT OF THE HIGH DIVIDE COLLABORATIVE INTO ITS OWN PROGRAM. IT ENSURES AGRICULTURAL PRODUCERS AND RURAL COMMUNITIES HAVE RELIABLE AND PREDICTABLE ACCESS TO RESOURCES THAT PREVENT CONFLICTS WITH CARNIVORES, BENEFITING WILDLIFE AND WORKING LANDS. UNIQUE AMONG OTHER REGIONAL EFFORTS, HEART OF THE ROCKIES INITIATIVE SERVES AS A COORDINATOR AND CONVENOR OF LOCAL, STATE, AND TRIBAL GROUPS COMMITTED TO CARNIVORE CONFLICT REDUCTION, CREATING A RIPPLE EFFECT THAT ALLOWS OUR CONSERVATION COMMUNITY TO ACHIEVE MORE TOGETHER THAN ANY OF US COULD ALONE.

Program 3
Expenses: $121,628

OUR RURAL INITIATIVES PROGRAM WAS DEVELOPED FROM THE PREMISE THAT THRIVING RURAL COMMUNITIES ARE INEXTRICABLY LINKED TO THRIVING CONSERVATION. THE PROGRAM SERVES RURAL AND TRIBAL COMMUNITIES THROUGH...

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OUR RURAL INITIATIVES PROGRAM WAS DEVELOPED FROM THE PREMISE THAT THRIVING RURAL COMMUNITIES ARE INEXTRICABLY LINKED TO THRIVING CONSERVATION. THE PROGRAM SERVES RURAL AND TRIBAL COMMUNITIES THROUGH A COMMUNITY-LED PROCESS TO CREATE AND IMPLEMENT COMMUNITY VITALITY PROJECTS THAT DEEPEN A SENSE OF PLACE, SUPPORT THRIVING ECONOMIES, AND ENSURE THE OUTDOORS IS ACCESSIBLE AND SUPPORTS COMMUNITY WELL-BEING.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,748,823
Program Service Revenue $2,100
Investment Income $31,758
Other Revenue $6,957
TOTAL REVENUE $1,789,638

Expense Breakdown

Grants Paid $172,110
Salaries & Benefits $892,443
Fundraising Expenses $90,861
Program Expenses $1,106,348
Other Expenses $322,641
TOTAL EXPENSES $1,387,194

Year-over-Year Comparison

2024 2023 Change
Revenue $1,789,638 $1,546,716 +0.2%
Expenses $1,387,194 $1,534,189 -0.1%
Net Income $402,444 $12,527 +31.1%
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
10
Independent Members
10
Employees
13
Volunteers
10

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
$307,418
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOANN GRANT MANAGING DIR. 40.00
Officer
$124,524 $13,866 $138,390
KALI HANNON MANAGING DIR. 40.00
Officer
$120,396 $12,770 $133,166
GAVIN RICKLEFS MANAGING DIR. 40.00
Officer
$35,862 $0 $35,862
MAX LUDINGTON Treasurer 2.00
Officer Director
$0 $0 $0
JESSICA CROWDER MEMBER 2.00
Director
$0 $0 $0
BRIAN BEAN MEMBER 2.00
Director
$0 $0 $0
ELIZABETH BELL MEMBER 2.00
Director
$0 $0 $0
JIM OWENS MEMBER 2.00
Director
$0 $0 $0
GARY WOLFE MEMBER 2.00
Director
$0 $0 $0
KRISTIN TROY President 2.00
Officer Director
$0 $0 $0
KAREN RICE Secretary 2.00
Officer Director
$0 $0 $0
KATIE COX MEMBER 2.00
Director
$0 $0 $0
DENNY IVERSON MEMBER 2.00
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
2024 $1,789,638 $1,387,194 $888,736 $402,444
2023 $1,546,716 $1,534,189 $479,426 $12,527
2022 $1,286,544 $1,311,698 $445,994 $-25,154
2021 $1,215,140 $975,791 $464,680 $239,349
2020 $648,698 $724,355 $227,204 $-75,657
2019 $498,637 $740,050 $276,445 $-241,413
2018 $543,278 $482,896 $513,204 $60,382
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