Farmers Educational & Cooperative Union of America Montana
Nonprofit profile at a glance
- EIN
- 810133490
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- Great Falls, MT, USA
- Phone
- 4064526406
- Rating confidence
- Limited
Reported finances
- Revenue
- $3,800,477
- Expenses
- $2,641,305
- Assets
- $8,870,878
- Liabilities
- $169,600
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- ERIK SOMERFELD (VICE-PRESIDENT)
- WALTER SCHWEITZER (PRESIDENT)
Highest reported compensation
- WALTER SCHWEITZER (PRESIDENT): $45,822 total reported compensation
- ERIK SOMERFELD (VICE-PRESIDENT): $4,400 total reported compensation
- BRETT DAILEY (DIRECTOR): $3,200 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Inform, educate & represent member interests
What it reported doing in 2024
The mission of famers educational & cooperative union of america, Montana, is to promote and protect the interests of farmers in rural communities.
Operating model
- Revenue model
- Investment-supported. 73% of the money available for current operations came from recurring investment income.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 80
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90.9%; rating input score 91; 21st percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 30.5%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 3.36; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 81; 81st percentile among comparable filings
- Officer compensation ratio: 2.7%; rating input score 71; 71st percentile among comparable filings
Growth
- Program expense growth: 8.8% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 12.5% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 7.6% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 10 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.6M in reported program spending
- Leadership: top reported pay $46K · 14 people listed
- Consistency: 13 of 13 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 13 filed money-flow records
- Related organizations: 5 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.