Four Corners Community Foundation

Four Corners Community Foundation reports a $186,459 deficit in 2022 after a surplus in 2021.

EIN: 200482770 · Bozeman, MT · NTEE: C32 · Updated: 2026-03-28

$0Revenue

$0Assets

75/100Mission Score (Good)

C32

About Four Corners Community Foundation

Four Corners Community Foundation (EIN: 200482770) is a nonprofit organization based in Bozeman, MT, classified under NTEE code C32. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Four Corners Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Four Corners Community Foundation demonstrates a mixed financial picture based on its recent IRS 990 filings. In 2022, the organization reported revenues of $505,432 against expenses of $691,891, indicating a deficit for the year. This contrasts with 2021, where revenues of $500,204 exceeded expenses of $460,121, showing a surplus. The foundation's assets have fluctuated, decreasing from $917,180 in 2021 to $730,721 in 2022, while liabilities consistently remain at a minimal $1, suggesting a strong balance sheet in terms of debt. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to minimizing administrative overhead in this area, which is a positive sign for donor confidence. However, the recent deficit warrants closer examination to understand its cause and sustainability.

The organization's financial health appears to be in a period of adjustment, with a significant increase in expenses in 2022 compared to previous years. While the foundation has maintained a healthy asset base relative to its liabilities, the recent operating loss could impact its long-term financial stability if not addressed. The lack of detailed expense breakdowns in the provided data makes it challenging to fully assess spending efficiency across programs, administration, and fundraising. However, the consistent zero officer compensation is a strong indicator of fiscal prudence in leadership remuneration.

Transparency is generally good, with consistent filings available. The minimal liabilities are a positive indicator of financial stability. To further enhance transparency and allow for a more precise assessment of spending efficiency, more granular expense data would be beneficial. The foundation's ability to manage its expenses relative to its revenue will be key to its future financial health and its capacity to fulfill its mission effectively.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Four Corners Community Foundation with a Mission Score of 75 out of 100 (Good). 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: 75%
fundraising: 10%

According to IRS 990 filings, Four Corners Community Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for minimizing administrative costs.

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.

Red Flags

The following concerns were identified during AI analysis of Four Corners Community Foundation's IRS 990 filings:

Significant operating deficit in 2022 ($186,459), where expenses ($691,891) exceeded revenue ($505,432).
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.

Strengths

The following positive indicators were identified for Four Corners Community Foundation:

Consistently low liabilities ($1 across all filings), indicating strong financial stability regarding debt.
0% officer compensation reported across all filings, demonstrating a commitment to minimizing executive overhead.
Maintained a healthy asset base, with $730,721 in assets in 2022, despite the operating deficit.

Frequently Asked Questions about Four Corners Community Foundation

Is Four Corners Community Foundation a good charity?

The Four Corners Community Foundation exhibits several positive financial indicators, such as consistently low liabilities ($1) and 0% officer compensation, suggesting strong financial stewardship in these areas. However, the significant operating deficit in 2022 ($186,459) after a surplus in 2021, warrants further investigation into the nature of the increased expenses. Without a detailed breakdown of program, administrative, and fundraising expenses, a definitive 'good' rating is difficult, but the commitment to minimal executive pay is a strong positive.

Why did expenses increase so much in 2022?

In 2022, the organization's expenses jumped to $691,891 from $460,121 in 2021, an increase of over $230,000. The provided data does not specify the reasons for this substantial increase, making it a key area for further inquiry to understand if it was due to expanded program activities, increased administrative costs, or other factors.

What is the organization's long-term financial strategy given the 2022 deficit?

The 2022 deficit of $186,459, where expenses exceeded revenue, suggests that the organization spent more than it brought in. While the foundation has a healthy asset base ($730,721), sustained deficits could erode these assets. Understanding the organization's strategy to balance its budget in future years, whether through increased revenue generation or expense management, is crucial for assessing its long-term financial viability.

Filing History

IRS 990 filing history for Four Corners Community Foundation showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2022), Four Corners Community Foundation's revenue has grown by 50543100%, moving from $1 to $505K. Total assets increased by 26539.5% over the same period, from $3K to $731K. Total functional expenses rose by 354715.9%, from $195 to $692K. In its most recent filing year (2022), Four Corners Community Foundation reported a deficit of $186K, with expenses exceeding revenue. The organization holds $1 in liabilities against $731K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $731K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$505K	$692K	$731K	$1	—	View 990
2021	$500K	$460K	$917K	$1	—	View 990
2020	$454K	$222K	$877K	$1	—	—
2019	$453K	$266K	$645K	$1	—	View 990
2015	$1	$195	$2K	$1	—	View 990
2014	$1	$195	$2K	$1	—	View 990
2013	$275	$195	$3K	$1	—	View 990
2012	$1	$195	$3K	$1	—	View 990
2011	$1	$195	$3K	$1	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $505K, expenses of $692K, and assets of $731K (revenue +1.0% year-over-year).
2021: Revenue of $500K, expenses of $460K, and assets of $917K (revenue +10.1% year-over-year).
2020: Revenue of $454K, expenses of $222K, and assets of $877K (revenue +0.3% year-over-year).
2019: Revenue of $453K, expenses of $266K, and assets of $645K (revenue +45262400.0% year-over-year).
2015: Revenue of $1, expenses of $195, and assets of $2K (revenue +0.0% year-over-year).
2014: Revenue of $1, expenses of $195, and assets of $2K (revenue -99.6% year-over-year).
2013: Revenue of $275, expenses of $195, and assets of $3K (revenue +27400.0% year-over-year).
2012: Revenue of $1, expenses of $195, and assets of $3K (revenue +0.0% year-over-year).
2011: Revenue of $1, expenses of $195, and assets of $3K.

Data Sources and Methodology

This transparency report for Four Corners Community Foundation 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.