Great Falls Community Ice Foundation
Great Falls Community Ice Foundation maintains stable assets and operations with volunteer leadership.
EIN: 201541842 · Great Falls, MT · NTEE: N30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $364K |
| Total Expenses | $355K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.8 |
| Net Assets | $933K |
| Transparency Score | 85/100 |
Is Great Falls Community Ice Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Great Falls Community Ice Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Great Falls Community Ice Foundation
Great Falls Community Ice Foundation (EIN: 201541842) is a nonprofit organization based in Great Falls, MT, classified under NTEE code N30. The organization reported total revenue of $364K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Great Falls Community Ice Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Great Falls Community Ice Foundation is a small nonprofit that has been operating for 12 years, with 14 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $504K |
| Total Expenses | $355K |
| Surplus / Deficit | +$149K |
| Total Assets | $1.9M |
| Total Liabilities | $941K |
| Net Assets | $933K |
| Operating Margin | 29.5% |
| Debt-to-Asset Ratio | 50.2% |
| Months of Reserves | 63.3 months |
Financial Health Grade: A
In 2023, Great Falls Community Ice Foundation reported a surplus of $149K with revenue exceeding expenses, holds 63.3 months of operating reserves (strong position), has a debt-to-asset ratio of 50.2% (high leverage).
Financial Trends
Over 14 years of filings (2009–2023), Great Falls Community Ice Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +92.1% | +3.6% | +5.5% |
| 2022 | -9.2% | +10.4% | -7.1% |
| 2021 | -1.2% | -6.4% | -3.2% |
| 2020 | -9.6% | +6.0% | +2.4% |
| 2019 | +13.7% | +4.0% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Great Falls Community Ice Foundation 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, Great Falls Community Ice Foundation 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 $149K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 14 filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with assets around $1.8 million.
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 Great Falls Community Ice Foundation:
- Consistent 0% officer compensation across all filings, indicating volunteer leadership.
- Stable asset base, consistently around $1.8 million to $2.1 million over the past decade.
- Long operational history with 14 IRS 990 filings, demonstrating sustained activity.
- Positive net income in recent years, such as 2023 (revenue $504,361 vs. expenses $355,325), showing effective financial management.
- Decreasing trend in liabilities, from $1,320,416 in 2015 to $941,041 in 2023.
Frequently Asked Questions about Great Falls Community Ice Foundation
Is Great Falls Community Ice Foundation a legitimate charity?
Great Falls Community Ice Foundation (EIN: 201541842) is a registered tax-exempt nonprofit based in Montana. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $364K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Great Falls Community Ice Foundation spend its money?
Great Falls Community Ice Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Great Falls Community Ice Foundation tax-deductible?
Great Falls Community Ice Foundation is registered as a tax-exempt nonprofit (EIN: 201541842). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Great Falls Community Ice Foundation CEO make?
Great Falls Community Ice Foundation's highest-compensated officer earns $1.8 annually. The organization reported $364K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Great Falls Community Ice Foundation's spending goes to programs?
Great Falls Community Ice Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Great Falls Community Ice Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Great Falls Community Ice Foundation is above average for NTEE category N30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Great Falls Community Ice Foundation located?
Great Falls Community Ice Foundation is headquartered in Great Falls, Montana and files with the IRS under EIN 201541842. It is classified under NTEE code N30.
How many years of IRS 990 filings does Great Falls Community Ice Foundation have?
Great Falls Community Ice Foundation has 14 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 $364K in total revenue.
Is Great Falls Community Ice Foundation a good charity?
Based on the provided data, the Great Falls Community Ice Foundation appears to be a good charity. It has a long history of consistent operations, maintains substantial assets (e.g., $1,873,848 in 2023), and notably reports 0% officer compensation across all filings, suggesting a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has been relatively stable. Assets have consistently been between $1.7 million and $2.1 million. Revenue has fluctuated, with a notable peak in 2023 ($504,361) and 2016 ($438,596), while expenses have remained consistent, generally in the $300,000-$350,000 range. Liabilities have also seen a positive trend, decreasing from $1,320,416 in 2015 to $941,041 in 2023.
What is the significance of 0% officer compensation?
The 0% officer compensation across all 14 filings is highly significant. It indicates that the organization's leadership is entirely volunteer-driven, meaning no funds are diverted from the mission to pay executive salaries. This is a strong positive indicator for donor confidence and efficient resource allocation.
Filing History
IRS 990 filing history for Great Falls Community Ice Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2009–2023), Great Falls Community Ice Foundation's revenue has grown by 107.7%, moving from $243K to $504K. Total assets decreased by 13.5% over the same period, from $2.2M to $1.9M. Total functional expenses rose by 34.8%, from $264K to $355K. In its most recent filing year (2023), Great Falls Community Ice Foundation reported a surplus of $149K, with revenue exceeding expenses. The organization holds $941K in liabilities against $1.9M in assets (debt-to-asset ratio: 50.2%), resulting in net assets of $933K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $504K | $355K | $1.9M | $941K | — | — |
| 2022 | $263K | $343K | $1.8M | $993K | — | View 990 |
| 2021 | $289K | $311K | $1.9M | $1.0M | — | View 990 |
| 2020 | $292K | $332K | $2.0M | $1.1M | — | View 990 |
| 2019 | $323K | $313K | $1.9M | $1.0M | — | View 990 |
| 2018 | $284K | $301K | $1.9M | $993K | — | View 990 |
| 2017 | $298K | $290K | $2.0M | $1.0M | — | View 990 |
| 2016 | $439K | $313K | $2.0M | $1.1M | — | View 990 |
| 2015 | $259K | $322K | $2.1M | $1.3M | — | View 990 |
| 2014 | $301K | $282K | $2.1M | $1.2M | — | View 990 |
| 2012 | $460K | $312K | $2.2M | $1.3M | — | View 990 |
| 2011 | $309K | $281K | $2.1M | $1.3M | — | View 990 |
| 2010 | $199K | $257K | $2.1M | $1.4M | — | View 990 |
| 2009 | $243K | $264K | $2.2M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $504K, expenses of $355K, and assets of $1.9M (revenue +92.1% year-over-year).
- 2022: Revenue of $263K, expenses of $343K, and assets of $1.8M (revenue -9.2% year-over-year).
- 2021: Revenue of $289K, expenses of $311K, and assets of $1.9M (revenue -1.2% year-over-year).
- 2020: Revenue of $292K, expenses of $332K, and assets of $2.0M (revenue -9.6% year-over-year).
- 2019: Revenue of $323K, expenses of $313K, and assets of $1.9M (revenue +13.7% year-over-year).
- 2018: Revenue of $284K, expenses of $301K, and assets of $1.9M (revenue -4.6% year-over-year).
- 2017: Revenue of $298K, expenses of $290K, and assets of $2.0M (revenue -32.0% year-over-year).
- 2016: Revenue of $439K, expenses of $313K, and assets of $2.0M (revenue +69.5% year-over-year).
- 2015: Revenue of $259K, expenses of $322K, and assets of $2.1M (revenue -14.0% year-over-year).
- 2014: Revenue of $301K, expenses of $282K, and assets of $2.1M (revenue -34.6% year-over-year).
- 2012: Revenue of $460K, expenses of $312K, and assets of $2.2M (revenue +49.0% year-over-year).
- 2011: Revenue of $309K, expenses of $281K, and assets of $2.1M (revenue +55.1% year-over-year).
- 2010: Revenue of $199K, expenses of $257K, and assets of $2.1M (revenue -18.0% year-over-year).
- 2009: Revenue of $243K, expenses of $264K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Great Falls Community Ice Foundation:
Data Sources and Methodology
This transparency report for Great Falls Community Ice 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.