Clark Fork Enrichment Corportion
- Assets
- $541.8k
- Revenue
- $38.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Plains, MT
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 47-2280392
Organization Overview
Clark Fork Enrichment Corportion is located in Plains, MT. The organization was established in 2014. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clark Fork Enrichment Corportion 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 12/2021, Clark Fork Enrichment Corportion generated $38.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (30.7%) each year. All expenses for the organization totaled $20.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH THE OPPORTUNITIES FOR THE RESIDENTS IN SANDERS COUNTY, MT BY PROVIDING FUNDING FOR EDUCATION, COMMUNITY SUPPORT SERVICES, PERFORMING ARTS, AND CAREER ENHANCEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT COMMUNITY SERVICES FOR SENIORS AND YOUTH INCLUDING HELPING TO MEET THE NEEDS OF AFTER SCHOOL AND TRANSPORTATION PROGRAMS.
TO PROVIDE FUNDING FOR EDUCATIONAL NEEDS WITHIN THE COUNTY, INCLUDING ADMINISTRATIVE SUPPORT, PROGRAMS FOR THE ARTS, AND CAREER BUILDING
TO SUPPORT FUNDING FOR INFRASTRUCTURE OR FACILITIES REQUIREMENTS FOR ORGANIZATIONS PROVIDING THE CORE SERVICES FOR YOUTH AND SENIORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Moreth President | OfficerTrustee | 1 | $0 |
Pat Crowder Secretary | OfficerTrustee | 3 | $0 |
Victoria Adams Treasurer | OfficerTrustee | 3 | $0 |
Carol Brooker Director | Trustee | 1 | $0 |
Mary Helliwell Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $34,126 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,225 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,351 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,817 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $20,487 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,664 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $428,846 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $74,331 |
| Total assets | $541,841 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $83,964 |
| Net assets with donor restrictions | $457,877 |
| 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 | $541,841 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Clark Fork Enrichment Corportion has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Frisbie Morbella Foundation Thompson Falls, MT PURPOSE: MUSIC FESTIVAL | $5,000 |
Endowment Analysis
| Beg. Balance | $467,999 |
| Earnings | $38,369 |
| Admin Expense | $5,817 |
| Other Expense | $28,675 |
| Grants | $14,000 |
| Ending Balance | $457,876 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vermillion Development Company Vermillion, SD | $13,347,571 | $1,278,713 |
Fargo Theatre Management Corporation Fargo, ND | $1,892,050 | $869,304 |
Esther Simplot Performing Arts Academy Inc Boise, ID | $20,907,444 | $1,465,849 |
Creative Plains Foundation Fargo, ND | $0 | $107,526 |
Rocky Mountain Ballet Theatre Missoula, MT | $193,326 | $462,797 |
Custom Automotive Network Inc Post Falls, ID | $564,534 | $145,678 |
Performing Arts Company Inc Hamilton, MT | $186,897 | $250,039 |
Pinedale Fine Arts Council Inc Pinedale, WY | $831,897 | $283,677 |
Artcore Inc Casper, WY | $19,330 | $0 |
Dakota Prairie Regional Center For The Arts New Rockford, ND | $634,534 | $166,551 |
Basque Foundation Inc Boise, ID | $1,033,610 | $182,146 |
Festival Dance And Performing Arts Association Inc Moscow, ID | $57,411 | $0 |