MONTANA FARMERS UNION FOUNDATION

EIN: 473354069 501(c)(3) Food, Agriculture & Nutrition

GREAT FALLS, MT

Total Revenue
$273,824
Total Expenses
$49,550
Total Assets
$1,468,012
Net Assets
$1,468,012
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MT
Principal Officer
WALTER SCHWEITZER
Phone
4064526406
Tax Period
2024-01-01 to 2024-12-31

MONTANA FARMERS UNION FOUNDATION, founded in 2017, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $274K in total revenue in fiscal year 2024. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $224K, a strong 82% operating margin.

Mission

TO FURTHER EDUCATION ON RURAL AND AGRICULTURAL ISSUES WITHIN THE STATE OF MONTANA FOR BOTH ADULTS AND YOUTHS. TO PROVIDE RESOURCES FOR RURAL ECONOMIC AND COOPERATIVE DEVELOPMENT WITHIN THE STATE OF MONTANA. TO SEEK OUT, PROPERLY RECEIVE, INVEST, AND DISTRIBUTE GRANTS OR GIFTS MADE TO THE FOUNDATION, AND TO DISTRIBUTE THE SAME, SUBJECT TO ANY LIMITATIONS ON GIFTS RECEIVED IN ACCORDANCE WITH THE FOUNDATION'S BYLAWS, POLICIES, VISION AND VALUES. TO SUPPORT EXPRESSED NEEDS FOR IMPROVEMENTS IN THE AGRICULTURAL EDUCATION. TO IDENTIFY AND CULTIVATE RELATIONSHIPS WITH INDIVIDUALS, GROUPS, CORPORATIONS, FOUNDATIONS AND AGENCIES WHO SHARE THE VISION OF ENHANCED AGRICULTURAL OUTREACH AND EDUCATION AND RURAL ECONOMIC DEVELOPMENT AND WHO MAY BE IN A POSITION TO INVEST IN THAT VISION. TO INFORM THE RESIDENTS OF MONTANA ABOUT OPPORTUNITIES AVAILABLE TO THEM TO INVEST IN AGRICULTURE AND AGRICULTURAL EDUCATION AND RURAL ECONOMIC DEVELOPMENT THROUGH MUTUALLY BENEFICIAL GIFTS OF TIME, MONEY,

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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 (2024)

Revenue Breakdown

Contributions & Grants $203,001
Program Service Revenue $0
Investment Income $61,594
Other Revenue $9,229
TOTAL REVENUE $273,824

Expense Breakdown

Grants Paid $40,349
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $40,349
Other Expenses $9,201
TOTAL EXPENSES $49,550

Year-over-Year Comparison

2024 2023 Change
Revenue $273,824 $141,925 +0.9%
Expenses $49,550 $45,342 +0.1%
Net Income $224,274 $96,583 +1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
10
Employees
N/A
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
3
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WALTER SCHWEITZER PRESIDENT 1.00
Officer Director
$0 $0 $0
ROLLIE SCHLEPP BOARD MEMBER 1.00
Director
$0 $0 $0
JAN TUSICK ENDED OCTOBER 2024 SECRETARY/TREASURER 1.00
Director
$0 $0 $0
ERIK SOMERFELD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BRETT DAILEY BOARD MEMBER 1.00
Director
$0 $0 $0
SIG RUDIE ENDED OCTOBER 2024 BOARD MEMBER 1.00
Director
$0 $0 $0
BEN PETERSON BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF BANGS BOARD MEMBER 1.00
Director
$0 $0 $0
TOM CLARK ENDED OCTOBER 2024 BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH DEGN BOARD MEMBER 1.00
Director
$0 $0 $0
TRENT STOLTZ SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
JOHN FERRAT STARTED OCTOBER 2024 BOARD MEMBER 1.00
Director
$0 $0 $0
APRIL MARTIN STARTED OCTOBER 2024 BOARD MEMBER 1.00
Director
$0 $0 $0
MARK SIDERIUS STARTED OCTOBER 2024 BOARD MEMBER 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
2024 $273,824 $49,550 $1,468,012 $224,274
2023 $141,925 $45,342 $1,234,723 $96,583
2022 $215,549 $44,704 $1,060,453 $170,845
2021 $648,986 $11,756 $1,063,446 $637,230
2020 $184,236 $8,724 $415,125 $175,512
2019 $12,544 $5,307 $220,990 $7,237
2018 $33,120 $12,234 $200,617 $20,886
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