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Nonprofiteer
← FRIENDS OF THE TETON RIVER INC

Form 990 for tax year 2023

Filed by FRIENDS OF THE TETON RIVER INC.

Totals

Total revenue
$2,915,311
Total expenses
$2,965,936
Contributions and grants received
$2,895,093
Grants paid
$0
Program service revenue
$5,576
Investment income
$13,547
Other revenue
$1,095
Total assets, end of year
$1,442,913
Total liabilities, end of year
$208,588
Net assets or fund balances, end of year
$1,234,325
Program services expenses (Part IX)
$2,566,586
Management and general expenses
$241,513
Fundraising expenses
$157,837
Program service expenses (Part III)
$2,566,586

Program services were 86.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $2,320,912

  • 1f · All other contributions, gifts and grants

    $574,181

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $5,576 · related or exempt $5,576

  • 3 · Investment income

    total $13,547 · excluded $13,547

  • 10a · Gross sales of inventory

    $2,411

  • 10b · Cost of goods sold

    $2,160

  • 10c · Net income from sales of inventory

    total $251 · related or exempt $251

  • 11a · Other revenue: CREDIT CARD REWARDS

    total $844 · related or exempt $844

  • 11e · Other revenue, total

    $844

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $111,741 · program services $50,283 · management and general $35,757 · fundraising $25,701

  • 7 · Other salaries and wages

    total $424,068 · program services $228,931 · management and general $85,948 · fundraising $109,189

  • 8 · Pension plan contributions

    total $11,144 · program services $8,514 · management and general $1,794 · fundraising $836

  • 9 · Other employee benefits

    total $49,122 · program services $34,815 · management and general $7,620 · fundraising $6,687

  • 10 · Payroll taxes

    total $42,402 · program services $29,495 · management and general $8,334 · fundraising $4,573

  • 11c · Fees: accounting

    total $42,038 · management and general $42,038

  • 11g · Fees: other

    total $1,832,047 · program services $1,832,047

  • 12 · Advertising and promotion

    total $2,822 · program services $1,221 · management and general $1,500 · fundraising $101

  • 13 · Office expenses

    total $18,002 · program services $2,400 · management and general $12,138 · fundraising $3,464

  • 14 · Information technology

    total $4,238 · management and general $4,238

  • 16 · Occupancy

    total $18,621 · program services $9,311 · management and general $4,655 · fundraising $4,655

  • 17 · Travel

    total $3,682 · program services $3,304 · management and general $378

  • 19 · Conferences, conventions and meetings

    total $195 · management and general $195

  • 22 · Depreciation, depletion and amortization

    total $9,404 · management and general $9,404

  • 23 · Insurance

    total $20,030 · program services $12,404 · management and general $7,626

  • 24a · Other expenses: PROGRAM MATERIALS

    total $204,392 · program services $204,392

  • 24b · Other expenses: IRRIGATOR PAYMENTS

    total $145,450 · program services $145,450

  • 24c · Other expenses: SUPPLIES

    total $12,741 · program services $351 · management and general $11,578 · fundraising $812

  • 24d · Other expenses: TELEPHONE

    total $7,276 · program services $3,638 · management and general $1,819 · fundraising $1,819

  • 24e · All other expenses

    total $6,521 · program services $30 · management and general $6,491

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $94,846 · end of year $3,512

  • 2 · Savings and temporary cash investments

    beginning of year $1,191,216 · end of year $1,346,440

  • 3 · Pledges and grants receivable

    beginning of year $162,489 · end of year $68,356

  • 8 · Inventories for sale or use

    beginning of year $3,143 · end of year $3,354

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,889 · end of year $3,685

  • 10a · Land, buildings and equipment: cost or other basis

    $88,306

  • 10b · Land, buildings and equipment: accumulated depreciation

    $79,387

  • 10c · Land, buildings and equipment, net

    beginning of year $18,322 · end of year $8,919

  • 14 · Intangible assets

    beginning of year $25,567 · end of year $8,647

  • 17 · Accounts payable and accrued expenses

    beginning of year $101,148 · end of year $78,168

  • 19 · Deferred revenue

    beginning of year $115,417 · end of year $130,420

  • 24 · Unsecured notes and loans payable

    beginning of year $8,957

  • 27 · Net assets without donor restrictions

    beginning of year $565,811 · end of year $995,863

  • 28 · Net assets with donor restrictions

    beginning of year $719,139 · end of year $238,462

Mission and programs · 2023

Mission

FRIENDS OF THE TETON RIVER (FTR) USES SOUND SCIENCE AND COLLABORATION TO PROTECT AND IMPROVE CLEAN WATER, HEALTHY STREAMS AND A THRIVING FISHERY IN THE TETON RIVER WATERSHED. FTR IMPLEMENTS COMMUNITY-DRIVEN RESTORATION PROJECTS AND EDUCATION PROGRAMS TO BENEFIT WATER RESOURCES IN THE TETON RIVER WATERSHED.

  • WATERSHED RESTORATION: FTR'S WATERSHED RESTORATION PROGRAM FOCUSES ON RESTORING & REVEGETATING DAMAGED STREAM CHANNELS & RIPARIAN AREAS, IMPROVING FISH PASSAGE, RESTORING STREAM FLOWS, RECHARGING THE TETON BASIN AQUIFER & SUPPORTING REGENERATIVE FARMING PRACTICES. RESTORATION WORK REDUCES EROSION, RESTORES FUNCTIONAL FLOODPLAINS, IMPROVES STREAM FLOWS & WATER QUALITY, ENHANCES GROUNDWATER RESOURCES & CREATES HEALTHY HABITAT FOR FISH, WITH A FOCUS ON THREATENED YELLOWSTONE CUTTHROAT TROUT. IN FY2024, FTR SECURED FUNDING AND IMPLEMENTED PROJECTS THAT INCLUDED HABITAT RESTORATION ON THE TETON RIVER AND TETON CREEK, STREAM FLOW RESTORATION AND IRRIGATION INFRASTRUCTURE IMPROVEMENT ON CANYON CREEK, AND INCENTIVES FOR REGENERATIVE FARMING INITIATIVES.

    Expenses $2,392,920

  • COMMUNITY EDUCATION: FTR'S COMMUNITY EDUCATION PROGRAM PROVIDES OPPORTUNITIES FOR COMMUNITY MEMBERS OF ALL AGES TO LEARN & MAKE INFORMED DECISIONS ABOUT WATER. IN FY2024, FTR CONTINUED TO ENGAGE K-12 STUDENTS IN CLASSROOM, ONLINE, AND FIELD SCIENCE PROGRAMS; IMPLEMENTED COST SHARE & COMMUNITY EDUCATION PROGRAMS FOR DRINKING WATER TESTING AND PROTECTION, HOSTED A SERIES OF EDUCATIONAL FIELD TOURS, COORDINATED AGRICULTURAL AND RESPONSIBLE RECREATION EDUCATION INITIATIVES.

    Expenses $107,963 · Revenue $3,678

  • WATERSHED MONITORING: FTR CONDUCTS RESEARCH ON & MONITORS TROUT POPULATIONS, WATER QUALITY, RECREATION, SOIL HEALTH & WATER QUANTITY. THIS RESEARCH IS DESIGNED TO MEASURE RESTORATION PROGRAM IMPACTS, PRIORITIZE FUTURE RESTORATION WORK, TRACK TRENDS & IDENTIFY THREATS TO WATERSHED HEALTH. IN FY2024, FTR COLLECTED STREAM TEMPERATURE, FLOW AND FISHERIES DATA; MONITORED GROUNDWATER, SOIL MOISTURE, AND SOIL HEALTH; AND COLLECTED RIVER USE DATA.

    Expenses $65,703 · Revenue $1,898

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Amy Verbeten

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    40

  • Gini Van Siclen

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Mark Anderson

    PRESIDENT/TR

    Total calculated
    $0
    Hours/week
    3

  • Rick Richter

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    3

  • Rick Fogg

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Hayes Swinney

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Boots Allen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lynn Bagley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kevin Bauer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Fisher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Doc Frangos

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Madeline Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Littauer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Pierce

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Todd Warden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Hilary Hays

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
6 May 2025
IRS schema version
2023v6.0
Source object
202501269349301905

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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