Flathead Industries
- Assets
- $13.5m
- Revenue
- $11.7m
- Investments
- $0.0
- Employees
- 300
- Location
- Kalispell, MT
- Founding
- 04/1974
- Data as of
- 06/2022
- EIN
- 23-7359797
Organization Overview
Flathead Industries is located in Kalispell, MT. The organization was established in 1974. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2022, Flathead Industries employed 300 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flathead Industries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Flathead Industries generated $11.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $10.2m during the year ending 06/2022. While expenses have increased by 7.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SERVICES TO PEOPLE WITH DISABILITIES. FLATHEAD INDUSTRIES' MISSION IS TO CREATE OPPORTUNITIES FOR PEOPLE WITH DISABILITIES. ITS PURPOSE IS TO PLAN, DEVELOP, AND OPERATE A COST EFFECTIVE AND COMPREHENSIVE RANGE OF SERVICES FOR PERSONS WITH DISABILITIES IN AREAS OF EMPLOYMENT AND COMMUNITY LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING EMPLOYMENT AND RESIDENTIAL SERVICES DIRECTLY TO CONSUMERS. THE PROGRAM OPERATES SIX GROUP HOMES, INDEPENDENT LIVING UNITS, AND DIRECT CARE SERVICES. STATE PAYMENTS FROM EMPLOYMENT AND RESIDENTIAL SERVICES RENDERED ARE RECORDED ON PAGE 1 UNDER CONTRIBUTIONS AND GRANTS.
OPERATION OF THRIFT STORES AND PRODUCTION FACILITY EMPLOYING DISABLED ADULTS. PROCEEDS FROM THE SALE OF DONATED ITEMS ARE RECORDED ON PAGE 1 UNDER CONTRIBUTIONS AND GRANTS.
VOCATIONAL REHABILITATION FOR JOB PLACEMENT, EXTENDED EMPLOYMENT ARRANGEMENTS WITH LOCAL BUSINESSES, COUNSELING, AND VOCATIONAL EVALUATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vickie Poynter CEO | Officer | 45 | $126,375 |
Patrick Maddison CEO | Officer | 45 | $126,031 |
Carmen Noffsinger CFO | Officer | 45 | $96,917 |
John Constenius Vice President | OfficerTrustee | 3 | $0 |
Ben Hammer Secretary | OfficerTrustee | 3 | $0 |
Dennis Green President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $45,587 |
| Related organizations | $0 |
| Government grants | $8,623,316 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,890,017 |
| Noncash contributions included in lines 1a–1f | $1,917,797 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,558,920 |
| Total Program Service Revenue | $1,151,405 |
| Investment income | $9,771 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,850 |
| Net Income from Fundraising Events | -$23,819 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,698,127 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $388,471 |
| Compensation of current officers, directors, key employees. | $388,471 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,595,447 |
| Pension plan accruals and contributions | $126,821 |
| Other employee benefits | $735,475 |
| Payroll taxes | $521,798 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $218,387 |
| Advertising and promotion | $43,271 |
| Office expenses | $248,992 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $230,700 |
| Travel | $55,237 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,699 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $393,933 |
| Insurance | $100,898 |
| All other expenses | $20,822 |
| Total functional expenses | $10,200,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,994 |
| Savings and temporary cash investments | $7,061,960 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $688,230 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $105,636 |
| Prepaid expenses and deferred charges | $14,631 |
| Net Land, buildings, and equipment | $5,525,020 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $59,932 |
| Total assets | $13,457,403 |
| Accounts payable and accrued expenses | $970,681 |
| Grants payable | $0 |
| Deferred revenue | $11,610 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $982,291 |
| Net assets without donor restrictions | $11,381,523 |
| Net assets with donor restrictions | $1,093,589 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,457,403 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Flathead Industries has recieved totaling $9.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $9 |
Endowment Analysis
| Beg. Balance | $59,844 |
| Earnings | $88 |
| Ending Balance | $59,932 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Black Hills Works Inc Rapid City, SD | $22,578,935 | $31,445,606 |
Trace Inc Boise, ID | $23,369,151 | $27,612,315 |
Minot Vocational Adjustment Workshop Minot, ND | $25,357,052 | $26,157,485 |
Huron Area Center For Independence Huron, SD | $13,427,991 | $15,192,103 |
Flathead Industries Kalispell, MT | $13,457,403 | $11,698,127 |
Aspire Inc Aberdeen, SD | $9,447,713 | $8,030,066 |
Northern Hills Training Spearfish, SD | $10,166,360 | $9,462,308 |
Vocational Training Center Inc Fargo, ND | $8,266,125 | $7,124,205 |
Magic City Enterprises Inc Cheyenne, WY | $2,601,918 | $7,258,123 |
Ravalli Services Corporation Hamilton, MT | $6,207,705 | $5,413,263 |
Witco Inc Caldwell, ID | $9,614,356 | $5,849,799 |
Community Option Resource Enterprises Inc Billings, MT | $4,280,965 | $3,037,464 |