Montana Food Bank Network Inc
EIN: 810421243 · Missoula, MT · NTEE: K31Z
| Metric | Value |
|---|---|
| Total Revenue | $36.1M |
| Total Expenses | $33.0M |
| Net Assets | $14.5M |
Is Montana Food Bank Network Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Montana Food Bank Network Inc
Montana Food Bank Network Inc (EIN: 810421243) is a nonprofit organization based in Missoula, MT, classified under NTEE code K31Z. The organization reported total revenue of $36.1M and total assets of $23.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Montana Food Bank Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Montana Food Bank Network Inc is a large nonprofit that has been operating for 42 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $36.1M |
| Total Expenses | $33.0M |
| Surplus / Deficit | +$3.1M |
| Total Assets | $16.0M |
| Total Liabilities | $1.5M |
| Net Assets | $14.5M |
| Operating Margin | 8.5% |
| Debt-to-Asset Ratio | 9.1% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2024, Montana Food Bank Network Inc reported a surplus of $3.1M with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 9.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Montana Food Bank Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.0% | +0.7% | +35.8% |
| 2023 | +6.0% | +4.8% | +30.7% |
| 2022 | +22.2% | +18.6% | +28.0% |
| 2021 | +5.5% | +8.7% | +5.2% |
| 2020 | +23.0% | +15.2% | +65.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Montana Food Bank Network Inc 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 Montana Food Bank Network Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.1%.
Frequently Asked Questions about Montana Food Bank Network Inc
Is Montana Food Bank Network Inc a legitimate charity?
Montana Food Bank Network Inc (EIN: 810421243) is a registered tax-exempt nonprofit based in Montana. It has 14 years of IRS 990 filings on record. Total revenue: $36.1M. No red flags identified. Financial health grade: A.
How does Montana Food Bank Network Inc spend its money?
Montana Food Bank Network Inc reported $36.1M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Montana Food Bank Network Inc tax-deductible?
Montana Food Bank Network Inc is registered as a tax-exempt nonprofit (EIN: 810421243). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Montana Food Bank Network Inc located?
Montana Food Bank Network Inc is headquartered in Missoula, Montana and files with the IRS under EIN 810421243. It is classified under NTEE code K31Z.
How many years of IRS 990 filings does Montana Food Bank Network Inc have?
Montana Food Bank Network Inc 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 $36.1M in total revenue.
Filing History
IRS 990 filing history for Montana Food Bank Network Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Montana Food Bank Network Inc's revenue has grown by 190%, moving from $12.4M to $36.1M. Total assets increased by 343% over the same period, from $3.6M to $16.0M. Total functional expenses rose by 182.6%, from $11.7M to $33.0M. In its most recent filing year (2024), Montana Food Bank Network Inc reported a surplus of $3.1M, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $16.0M in assets (debt-to-asset ratio: 9.1%), resulting in net assets of $14.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $36.1M | $33.0M | $16.0M | $1.5M | — | View 990 |
| 2023 | $35.4M | $32.8M | $11.7M | $385K | — | View 990 |
| 2022 | $33.4M | $31.3M | $9.0M | $272K | — | View 990 |
| 2021 | $27.3M | $26.4M | $7.0M | $358K | — | — |
| 2020 | $25.9M | $24.3M | $6.7M | $1.2M | — | View 990 |
| 2019 | $21.0M | $21.1M | $4.0M | $145K | — | View 990 |
| 2018 | $18.2M | $18.3M | $4.0M | $99K | — | View 990 |
| 2017 | $17.0M | $16.9M | $4.1M | $101K | — | View 990 |
| 2016 | $14.1M | $13.7M | $4.2M | $363K | — | View 990 |
| 2015 | $13.4M | $13.2M | $3.9M | $400K | — | View 990 |
| 2014 | $13.6M | $13.4M | $3.7M | $391K | — | View 990 |
| 2013 | $12.1M | $11.7M | $3.5M | $374K | — | View 990 |
| 2012 | $10.4M | $10.7M | $3.4M | $699K | — | View 990 |
| 2011 | $12.4M | $11.7M | $3.6M | $659K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $36.1M, expenses of $33.0M, and assets of $16.0M (revenue +2.0% year-over-year).
- 2023: Revenue of $35.4M, expenses of $32.8M, and assets of $11.7M (revenue +6.0% year-over-year).
- 2022: Revenue of $33.4M, expenses of $31.3M, and assets of $9.0M (revenue +22.2% year-over-year).
- 2021: Revenue of $27.3M, expenses of $26.4M, and assets of $7.0M (revenue +5.5% year-over-year).
- 2020: Revenue of $25.9M, expenses of $24.3M, and assets of $6.7M (revenue +23.0% year-over-year).
- 2019: Revenue of $21.0M, expenses of $21.1M, and assets of $4.0M (revenue +15.9% year-over-year).
- 2018: Revenue of $18.2M, expenses of $18.3M, and assets of $4.0M (revenue +6.7% year-over-year).
- 2017: Revenue of $17.0M, expenses of $16.9M, and assets of $4.1M (revenue +20.8% year-over-year).
- 2016: Revenue of $14.1M, expenses of $13.7M, and assets of $4.2M (revenue +5.2% year-over-year).
- 2015: Revenue of $13.4M, expenses of $13.2M, and assets of $3.9M (revenue -1.3% year-over-year).
- 2014: Revenue of $13.6M, expenses of $13.4M, and assets of $3.7M (revenue +11.9% year-over-year).
- 2013: Revenue of $12.1M, expenses of $11.7M, and assets of $3.5M (revenue +16.7% year-over-year).
- 2012: Revenue of $10.4M, expenses of $10.7M, and assets of $3.4M (revenue -16.6% year-over-year).
- 2011: Revenue of $12.4M, expenses of $11.7M, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Montana Food Bank Network Inc:
Data Sources and Methodology
This transparency report for Montana Food Bank Network 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.