Missoula Horse Council Inc

EIN: 810417210 501(c)(3) Recreation & Sports

Missoula, MT

Total Revenue
$179,829
Total Expenses
$159,736
Total Assets
$300,948
Net Assets
$300,948
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
MT
Principal Officer
Jennifer Cote
Phone
4065438088
Tax Period
2023-01-01 to 2023-12-31

Missoula Horse Council Inc, founded in 1984, is a small nonprofit in the Recreation & Sports sector that reported $180K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $160K left a modest 11% surplus.

Mission

Missoula Horse Council Inc was organized in response to an opportunity to develop 90 acres of vacant county land into an usuable area for horse riding and public walking. Missoula Horse Council Inc is charged by the county with operating the Big Sky Horse Park and works under the oversight of the Big Sky Stewardship Council, a county board.

Program Service Accomplishments

Program 1
Expenses: $108,317

Organize and conduct horse shows and a pet run

Program 2
Expenses: $14,688

Special projects updates related to park activites Special projects usually do not have direct revenues but are funded from end of prior year cash balance.. Total spent 7848 less 5,811 capitalized...

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Special projects updates related to park activites Special projects usually do not have direct revenues but are funded from end of prior year cash balance.. Total spent 7848 less 5,811 capitalized plus 12,651 depreciation

Program 3
Expenses: $30,286

Maintain park to county standard and as needed by public users and horse riders

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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 $34,132
Program Service Revenue $133,139
Investment Income $5,978
Other Revenue $6,580
TOTAL REVENUE $179,829

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,918
Fundraising Expenses $0
Program Expenses $153,291
Other Expenses $153,818
TOTAL EXPENSES $159,736

Year-over-Year Comparison

2023 2022 Change
Revenue $179,829 $238,039 -0.2%
Expenses $159,736 $224,453 -0.3%
Net Income $20,093 $13,586 +0.5%
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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Governance

Voting Members
13
Independent Members
13
Employees
3
Volunteers
75

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
0
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Horse Park Manager 021.00
Highest
$27,500 $0 $27,500
Tierney Wheaton President 002.00
Director
$0 $0 $0
Scott David Vice-President 000.50
Director
$0 $0 $0
Clara Davison Secretary 002.00
Director
$0 $0 $0
Jennifer Cote Treasurer 015.00
Director
$0 $0 $0
Natalie Sullivan Director 000.50
Director
$0 $0 $0
Jen Belitz Director 000.50
Director
$0 $0 $0
Bill Bucher Director 008.00
Director
$0 $0 $0
Irene Given Director 002.00
Director
$0 $0 $0
Jan Harris Director 000.50
Director
$0 $0 $0
Deb Anderson Director 004.00
Director
$0 $0 $0
Drue Kerns Director 000.50
Director
$0 $0 $0
Karla Nichwander Director 004.00
Director
$0 $0 $0
Katy Nichwander Director 001.00
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 No data No data No data No data
2023 $179,829 $159,736 $300,948 $20,093
2022 $238,039 $243,201 $370,183 $-5,162
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