Downtown Billings Bid Inc
Downtown Billings Bid Inc shows consistent financial growth and zero officer compensation over the past decade.
EIN: 205506295 · Billings, MT · NTEE: S31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $843K |
| Total Expenses | $780K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $800,000. |
| Net Assets | $701K |
| Transparency Score | 85/100 |
Is Downtown Billings Bid Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Downtown Billings Bid Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Downtown Billings Bid Inc
Downtown Billings Bid Inc (EIN: 205506295) is a nonprofit organization based in Billings, MT, classified under NTEE code S31. The organization reported total revenue of $843K and total assets of $324K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Billings Bid Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Billings Bid Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $810K |
| Total Expenses | $780K |
| Surplus / Deficit | +$30K |
| Total Assets | $744K |
| Total Liabilities | $42K |
| Net Assets | $701K |
| Operating Margin | 3.7% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 11.4 months |
Financial Health Grade: A
In 2023, Downtown Billings Bid Inc reported a surplus of $30K with revenue exceeding expenses, holds 11.4 months of operating reserves (strong position), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Downtown Billings Bid Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.7% | +10.5% | +5.0% |
| 2022 | +33.6% | +18.7% | +9.9% |
| 2021 | +19.6% | -14.9% | +61.0% |
| 2020 | -10.6% | +46.2% | -24.7% |
| 2019 | -24.0% | -46.7% | +37.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Downtown Billings Bid Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Downtown Billings Bid Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size with revenues exceeding $800,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Downtown Billings Bid Inc:
- Consistent 0% officer compensation, indicating strong commitment to mission over executive pay.
- Significant growth in assets from $483,857 in 2014 to $743,750 in 2023, demonstrating financial health.
- Consistent filing of IRS Form 990s over 13 periods, showing good regulatory compliance and transparency.
- Healthy balance sheet with relatively low liabilities compared to assets.
- Overall revenue growth over the past decade, indicating increasing support or activity.
Frequently Asked Questions about Downtown Billings Bid Inc
Is Downtown Billings Bid Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Downtown Billings Bid Inc (EIN: 205506295) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Downtown Billings Bid Inc spend its money?
Downtown Billings Bid Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Downtown Billings Bid Inc tax-deductible?
Downtown Billings Bid Inc is registered as a tax-exempt nonprofit (EIN: 205506295). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Downtown Billings Bid Inc CEO make?
Downtown Billings Bid Inc's highest-compensated officer earns $800,000. annually. The organization reported $843K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Downtown Billings Bid Inc's spending goes to programs?
Downtown Billings Bid Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Downtown Billings Bid Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Downtown Billings Bid Inc is above average for NTEE category S31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Downtown Billings Bid Inc located?
Downtown Billings Bid Inc is headquartered in Billings, Montana and files with the IRS under EIN 205506295. It is classified under NTEE code S31.
How many years of IRS 990 filings does Downtown Billings Bid Inc have?
Downtown Billings Bid Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $843K in total revenue.
Is Downtown Billings Bid Inc financially stable?
Yes, the organization appears financially stable. Its assets have grown from $483,857 in 2014 to $743,750 in 2023, and liabilities are consistently low relative to assets, indicating a healthy balance sheet.
How does Downtown Billings Bid Inc manage executive compensation?
Downtown Billings Bid Inc reports 0% officer compensation in all available filings, meaning no funds are used for executive salaries, which is a strong positive for transparency and mission focus.
Has the organization's revenue been consistent?
Revenue has fluctuated but generally shows an upward trend, from $369,868 in 2014 to $810,008 in 2023, with some year-to-year variations.
Filing History
IRS 990 filing history for Downtown Billings Bid Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Downtown Billings Bid Inc's revenue has grown by 227.8%, moving from $247K to $810K. Total assets increased by 116.1% over the same period, from $344K to $744K. Total functional expenses rose by 262.9%, from $215K to $780K. In its most recent filing year (2023), Downtown Billings Bid Inc reported a surplus of $30K, with revenue exceeding expenses. The organization holds $42K in liabilities against $744K in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $701K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $810K | $780K | $744K | $42K | — | — |
| 2022 | $907K | $706K | $708K | $37K | — | View 990 |
| 2021 | $679K | $595K | $645K | $174K | — | View 990 |
| 2020 | $567K | $700K | $400K | $13K | — | View 990 |
| 2019 | $635K | $479K | $532K | $13K | — | View 990 |
| 2018 | $835K | $898K | $386K | $22K | — | View 990 |
| 2017 | $472K | $439K | $432K | $1K | — | View 990 |
| 2016 | $384K | $439K | $422K | $24K | — | View 990 |
| 2015 | $396K | $418K | $462K | $10K | — | View 990 |
| 2014 | $370K | $328K | $484K | $10K | — | View 990 |
| 2013 | $352K | $297K | $436K | $4K | — | View 990 |
| 2012 | $347K | $237K | $408K | $31K | — | View 990 |
| 2011 | $247K | $215K | $344K | $78K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $810K, expenses of $780K, and assets of $744K (revenue -10.7% year-over-year).
- 2022: Revenue of $907K, expenses of $706K, and assets of $708K (revenue +33.6% year-over-year).
- 2021: Revenue of $679K, expenses of $595K, and assets of $645K (revenue +19.6% year-over-year).
- 2020: Revenue of $567K, expenses of $700K, and assets of $400K (revenue -10.6% year-over-year).
- 2019: Revenue of $635K, expenses of $479K, and assets of $532K (revenue -24.0% year-over-year).
- 2018: Revenue of $835K, expenses of $898K, and assets of $386K (revenue +76.9% year-over-year).
- 2017: Revenue of $472K, expenses of $439K, and assets of $432K (revenue +22.8% year-over-year).
- 2016: Revenue of $384K, expenses of $439K, and assets of $422K (revenue -3.0% year-over-year).
- 2015: Revenue of $396K, expenses of $418K, and assets of $462K (revenue +7.1% year-over-year).
- 2014: Revenue of $370K, expenses of $328K, and assets of $484K (revenue +5.0% year-over-year).
- 2013: Revenue of $352K, expenses of $297K, and assets of $436K (revenue +1.3% year-over-year).
- 2012: Revenue of $347K, expenses of $237K, and assets of $408K (revenue +40.6% year-over-year).
- 2011: Revenue of $247K, expenses of $215K, and assets of $344K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Billings Bid Inc:
Data Sources and Methodology
This transparency report for Downtown Billings Bid Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.