Gallatin Foundation Incorporated
EIN: 363652247 · Bozeman, MT
| Metric | Value |
|---|---|
| Total Revenue | $151K |
| Total Expenses | $691K |
| Net Assets | $130K |
Is Gallatin Foundation Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gallatin Foundation Incorporated
Gallatin Foundation Incorporated (EIN: 363652247) is a nonprofit organization based in Bozeman, MT. The organization reported total revenue of $151K and total assets of $448K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gallatin Foundation Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gallatin Foundation Incorporated is a small nonprofit that has been operating for 33 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 19.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $822K |
| Total Expenses | $691K |
| Surplus / Deficit | +$131K |
| Total Assets | $553K |
| Total Liabilities | $423K |
| Net Assets | $130K |
| Operating Margin | 16.0% |
| Debt-to-Asset Ratio | 76.4% |
| Months of Reserves | 9.6 months |
Financial Health Grade: A
In 2023, Gallatin Foundation Incorporated reported a surplus of $131K with revenue exceeding expenses, holds 9.6 months of operating reserves (strong position), has a debt-to-asset ratio of 76.4% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Gallatin Foundation Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 19.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +417.6% | +164.1% | +62.3% |
| 2022 | -84.7% | -78.1% | -13.8% |
| 2021 | +116.3% | +74.8% | -64.3% |
| 2020 | +32.1% | +171.8% | -24.9% |
| 2019 | -34.8% | -30.5% | +49.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gallatin Foundation Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gallatin Foundation Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $131K, with revenue exceeding expenses.
- Debt-to-asset ratio: 76.4%.
Frequently Asked Questions about Gallatin Foundation Incorporated
Is Gallatin Foundation Incorporated a legitimate charity?
Gallatin Foundation Incorporated (EIN: 363652247) is a registered tax-exempt nonprofit based in Montana. It has 9 years of IRS 990 filings on record. Total revenue: $151K. No red flags identified. Financial health grade: A.
How does Gallatin Foundation Incorporated spend its money?
Gallatin Foundation Incorporated reported $151K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gallatin Foundation Incorporated tax-deductible?
Gallatin Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 363652247). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gallatin Foundation Incorporated located?
Gallatin Foundation Incorporated is headquartered in Bozeman, Montana and files with the IRS under EIN 363652247.
How many years of IRS 990 filings does Gallatin Foundation Incorporated have?
Gallatin Foundation Incorporated has 9 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 $151K in total revenue.
Filing History
IRS 990 filing history for Gallatin Foundation Incorporated showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Gallatin Foundation Incorporated's revenue has grown by 311.2%, moving from $200K to $822K. Total assets increased by 183.8% over the same period, from $195K to $553K. Total functional expenses rose by 2013.6%, from $33K to $691K. In its most recent filing year (2023), Gallatin Foundation Incorporated reported a surplus of $131K, with revenue exceeding expenses. The organization holds $423K in liabilities against $553K in assets (debt-to-asset ratio: 76.4%), resulting in net assets of $130K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $822K | $691K | $553K | $423K | — | — |
| 2022 | $159K | $262K | $341K | $342K | — | View 990 |
| 2021 | $1.0M | $1.2M | $395K | $271K | — | View 990 |
| 2020 | $479K | $684K | $1.1M | $825K | — | View 990 |
| 2019 | $363K | $252K | $1.5M | $987K | — | View 990 |
| 2018 | $556K | $362K | $986K | $609K | — | View 990 |
| 2017 | $157K | $220K | $438K | $255K | — | View 990 |
| 2016 | $283K | $157K | $253K | $7K | — | View 990 |
| 2015 | $200K | $33K | $195K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $822K, expenses of $691K, and assets of $553K (revenue +417.6% year-over-year).
- 2022: Revenue of $159K, expenses of $262K, and assets of $341K (revenue -84.7% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.2M, and assets of $395K (revenue +116.3% year-over-year).
- 2020: Revenue of $479K, expenses of $684K, and assets of $1.1M (revenue +32.1% year-over-year).
- 2019: Revenue of $363K, expenses of $252K, and assets of $1.5M (revenue -34.8% year-over-year).
- 2018: Revenue of $556K, expenses of $362K, and assets of $986K (revenue +253.4% year-over-year).
- 2017: Revenue of $157K, expenses of $220K, and assets of $438K (revenue -44.4% year-over-year).
- 2016: Revenue of $283K, expenses of $157K, and assets of $253K (revenue +41.7% year-over-year).
- 2015: Revenue of $200K, expenses of $33K, and assets of $195K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gallatin Foundation Incorporated:
Data Sources and Methodology
This transparency report for Gallatin Foundation Incorporated 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.