Horlacher Foundation Inc
Horlacher Foundation faces consistent operating deficits and declining assets.
EIN: 202777772 · Stevensville, MT · NTEE: T23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $328K |
| Total Expenses | $197K |
| Program Spending | 80% |
| Net Assets | $2.5M |
| Transparency Score | 60/100 |
Search Intent Cockpit
Horlacher Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Horlacher Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Horlacher Foundation Inc in one place.
Form 990 Filing Summary
9 filing years are available, with latest revenue of $20K and expenses of $197K.
Revenue and Expenses
Horlacher Foundation Inc reported $20K in revenue and $197K in expenses, a deficit of $177K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
60/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is Horlacher Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $158K (80%) |
Across stored filings, Horlacher Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 9 stored filing years |
| Peer context | Compare with Montana 4 H Foundation Inc | Montana and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Montana 4 H Foundation Inc →All Montana nonprofits
All Philanthropy
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Stevensville, MT nonprofitsPhilanthropy in Montana
Public Benefit in Montana
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Philanthropy spending
Best Philanthropy charities in Montana
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Artemis Institute
Livingston, MT · $61K revenue · Score 55/100
Compare side-by-sideAmerican Covenant Senior Housing Foundation Inc
Kalispell, MT · $2.2M revenue · Score 45/100
Compare side-by-sideMontana 4 H Foundation Inc
Roundup, MT · $0 revenue · Score 50/100
Compare side-by-sideCarbon County Food Bank
Joliet, MT · $0 revenue · Score 50/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Horlacher Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Horlacher Foundation Inc
Horlacher Foundation Inc (EIN: 202777772) is a nonprofit organization based in Stevensville, MT, classified under NTEE code T23. The organization reported total revenue of $328K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horlacher Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horlacher Foundation Inc is a small nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $197K |
| Surplus / Deficit | $-176,961 |
| Total Assets | $2.5M |
| Total Liabilities | $3K |
| Net Assets | $2.5M |
| Operating Margin | -887.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 153.7 months |
Financial Health Grade: B
In 2023, Horlacher Foundation Inc reported a deficit of $177K with expenses exceeding revenue, holds 153.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -77.2% | +34.4% | -6.5% |
| 2022 | -14.0% | -8.9% | -4.1% |
| 2021 | -87.4% | -67.4% | -2.1% |
| 2020 | +90.9% | +1.7% | -22.3% |
| 2019 | -13.1% | +21.2% | -12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Horlacher Foundation Inc with a Mission Score of 60 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: 80%
- fundraising: 5%
According to IRS 990 filings, Horlacher Foundation 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 deficit of $177K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers, which is a positive sign for minimizing administrative overhead relative to the organization's size and asset base.
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 Horlacher Foundation Inc's IRS 990 filings:
- Consistent operating deficits: Expenses have significantly exceeded revenue in recent years (e.g., $196,905 expenses vs. $19,944 revenue in 2023).
- Declining asset base: Assets have decreased from $2,872,531 in 2020 to $2,522,593 in 2023, indicating a draw-down of reserves.
- Significant revenue volatility: Revenue has fluctuated wildly, from $808,202 in 2020 to $19,944 in 2023, making financial planning challenging.
Strengths
The following positive indicators were identified for Horlacher Foundation Inc:
- No reported officer compensation: 0% officer compensation across all filings indicates efficient use of funds by minimizing executive salary overhead.
- Substantial asset base: Despite recent declines, the foundation still holds over $2.5 million in assets, providing a buffer for operations.
- Consistent IRS 990 filing history: The organization has a history of filing its IRS 990s, indicating a commitment to transparency.
Frequently Asked Questions about Horlacher Foundation Inc
Is Horlacher Foundation Inc a legitimate charity?
Horlacher Foundation Inc (EIN: 202777772) is a registered tax-exempt nonprofit based in Montana. Our AI analysis gives it a Mission Score of 60/100. It has 9 years of IRS 990 filings on record. Total revenue: $328K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Horlacher Foundation Inc spend its money?
Horlacher Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Horlacher Foundation Inc tax-deductible?
Horlacher Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202777772). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Horlacher Foundation Inc's spending goes to programs?
Horlacher Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Horlacher Foundation Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Horlacher Foundation Inc is above average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Horlacher Foundation Inc located?
Horlacher Foundation Inc is headquartered in Stevensville, Montana and files with the IRS under EIN 202777772. It is classified under NTEE code T23.
How many years of IRS 990 filings does Horlacher Foundation Inc have?
Horlacher Foundation Inc 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 $328K in total revenue.
Is Horlacher Foundation Inc. financially sustainable given its recent operating deficits?
The foundation has consistently reported expenses exceeding revenue since 2021, with a significant deficit of $176,961 in 2023. While it has substantial assets ($2,522,593 in 2023), this trend of drawing down assets is not sustainable long-term without a change in revenue generation or expense management.
What is the primary cause of the declining asset base?
The declining asset base, from $2,812,431 in 2021 to $2,522,593 in 2023, is primarily due to the organization's consistent operating deficits, where annual expenses have exceeded annual revenues.
How does the foundation fund its operations without officer compensation?
The data indicates 0% officer compensation, suggesting that leadership may be voluntary or compensated through other means not reported as officer compensation, or that the foundation operates with minimal paid staff at the executive level.
Filing History
IRS 990 filing history for Horlacher Foundation Inc showing financial trends over 9 years of public records:
Total assets decreased by 63% over the same period, from $6.8M to $2.5M. Total functional expenses fell by 57.1%, from $459K to $197K. In its most recent filing year (2023), Horlacher Foundation Inc reported a deficit of $177K, with expenses exceeding revenue. The organization holds $3K in liabilities against $2.5M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20K | $197K | $2.5M | $3K | — | — |
| 2022 | $87K | $147K | $2.7M | $1K | — | View 990 |
| 2021 | $102K | $161K | $2.8M | $57K | — | — |
| 2020 | $808K | $493K | $2.9M | $58K | — | View 990 |
| 2019 | $423K | $485K | $3.7M | $1.2M | — | View 990 |
| 2015 | $487K | $400K | $4.2M | $1.4M | — | View 990 |
| 2014 | $381K | $456K | $4.2M | $1.5M | — | View 990 |
| 2012 | $332K | $344K | $6.8M | $1.5M | — | View 990 |
| 2011 | $-239,109 | $459K | $6.8M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20K, expenses of $197K, and assets of $2.5M (revenue -77.2% year-over-year).
- 2022: Revenue of $87K, expenses of $147K, and assets of $2.7M (revenue -14.0% year-over-year).
- 2021: Revenue of $102K, expenses of $161K, and assets of $2.8M (revenue -87.4% year-over-year).
- 2020: Revenue of $808K, expenses of $493K, and assets of $2.9M (revenue +90.9% year-over-year).
- 2019: Revenue of $423K, expenses of $485K, and assets of $3.7M (revenue -13.1% year-over-year).
- 2015: Revenue of $487K, expenses of $400K, and assets of $4.2M (revenue +27.9% year-over-year).
- 2014: Revenue of $381K, expenses of $456K, and assets of $4.2M (revenue +14.6% year-over-year).
- 2012: Revenue of $332K, expenses of $344K, and assets of $6.8M.
- 2011: Revenue of $-239,109, expenses of $459K, and assets of $6.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horlacher Foundation Inc:
Data Sources and Methodology
This transparency report for Horlacher Foundation 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.