Is Montana Fiduciary Management Inc Legit?

Montana Fiduciary Management Inc. appears to be a small, consistently operating nonprofit with a relatively stable financial history. Over the past decade, its annual revenue has fluctuated between approximately $44,000 and $108,000, with expenses generally tracking closely to revenue, indicating a break-even or slight deficit operation in most years. For instance, in 2023, expenses of $93,722 exceeded revenue of $89,309, resulting in a small deficit. The organization's assets have remained modest, peaking at $7,283 in 2020 and currently standing at $2,047 in 2023, suggesting limited reserves. The organization demonstrates strong transparency regarding executive compensation, consistently reporting 0% officer compensation across all available filings. This indicates that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, it's challenging to fully assess spending efficiency. The consistent reporting of liabilities, such as $11,190 in 2023, suggests ongoing operational obligations that exceed current assets, which warrants attention.