Montana Restaurant Association Education Foundation
Montana Restaurant Association Education Foundation experiences volatile financial performance with recent significant operating deficits.
EIN: 201974197 · Billings, MT · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28K |
| Total Expenses | $38K |
| Program Spending | 80% |
| Net Assets | $91K |
| Transparency Score | 65/100 |
Is Montana Restaurant Association Education Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Montana Restaurant Association Education Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Montana Restaurant Association Education Foundation
Montana Restaurant Association Education Foundation (EIN: 201974197) is a nonprofit organization based in Billings, MT, classified under NTEE code B82. The organization reported total revenue of $28K and total assets of $79K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Montana Restaurant Association Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Montana Restaurant Association Education Foundation is a micro nonprofit that has been operating for 21 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -27.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $38K |
| Surplus / Deficit | $-33,599 |
| Total Assets | $91K |
| Net Assets | $91K |
| Operating Margin | -750.1% |
| Months of Reserves | 28.8 months |
Financial Health Grade: B
In 2023, Montana Restaurant Association Education Foundation reported a deficit of $34K with expenses exceeding revenue, holds 28.8 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2015–2023), Montana Restaurant Association Education Foundation's revenue has declined at a compound annual growth rate (CAGR) of -27.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -88.9% | +323.9% | -26.9% |
| 2022 | +72.5% | -30.1% | +31.8% |
| 2021 | -11.4% | -60.5% | +10.4% |
| 2020 | -51.9% | -28.9% | -5.4% |
| 2019 | -7.4% | -54.6% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Montana Restaurant Association Education Foundation with a Mission Score of 65 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, Montana Restaurant Association Education 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 deficit of $34K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filing periods, indicating that no officers received compensation from the organization, which is highly favorable for a nonprofit of this size.
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 Montana Restaurant Association Education Foundation's IRS 990 filings:
- Significant operating deficit in 2023 (Expenses $38,078 vs. Revenue $4,479)
- Volatile revenue and expense patterns over the past several years
- Decline in total assets from $138,781 in 2015 to $91,377 in 2023
Strengths
The following positive indicators were identified for Montana Restaurant Association Education Foundation:
- Consistent 0% officer compensation, indicating efficient use of funds for leadership
- Minimal to no liabilities reported across all filing periods
- Maintains a positive asset base despite financial fluctuations
Frequently Asked Questions about Montana Restaurant Association Education Foundation
Is Montana Restaurant Association Education Foundation a legitimate charity?
Montana Restaurant Association Education Foundation (EIN: 201974197) is a registered tax-exempt nonprofit based in Montana. Our AI analysis gives it a Mission Score of 65/100. It has 9 years of IRS 990 filings on record. Total revenue: $28K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Montana Restaurant Association Education Foundation spend its money?
Montana Restaurant Association Education Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Montana Restaurant Association Education Foundation tax-deductible?
Montana Restaurant Association Education Foundation is registered as a tax-exempt nonprofit (EIN: 201974197). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Montana Restaurant Association Education Foundation's spending goes to programs?
Montana Restaurant Association Education Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Montana Restaurant Association Education Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Montana Restaurant Association Education Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Montana Restaurant Association Education Foundation located?
Montana Restaurant Association Education Foundation is headquartered in Billings, Montana and files with the IRS under EIN 201974197. It is classified under NTEE code B82.
How many years of IRS 990 filings does Montana Restaurant Association Education Foundation have?
Montana Restaurant Association Education Foundation 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 $28K in total revenue.
Is the Montana Restaurant Association Education Foundation financially stable given its fluctuating revenue and expenses?
The organization's financial stability appears volatile. While it has maintained positive assets and minimal liabilities, the significant operating deficit in 2023 (expenses $38,078 vs. revenue $4,479) and the decline in total assets from $138,781 in 2015 to $91,377 in 2023 suggest potential challenges in consistent funding or expense management.
What caused the large expense increase in 2023 ($38,078) compared to previous years like 2022 ($8,983)?
The provided data does not offer a detailed breakdown of expenses, making it impossible to pinpoint the exact cause of the significant expense increase in 2023. Further investigation into the full IRS 990 form would be necessary to understand this change.
How does the organization fund its operations given the inconsistent revenue streams?
The organization's revenue has varied significantly, from a low of $4,479 in 2023 to a high of $81,539 in 2017. Without detailed information on funding sources (e.g., grants, donations, program service revenue), it's difficult to ascertain how it consistently funds its operations, especially during periods of low revenue.
Filing History
IRS 990 filing history for Montana Restaurant Association Education Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Montana Restaurant Association Education Foundation's revenue has declined by 92%, moving from $56K to $4K. Total assets decreased by 34.2% over the same period, from $139K to $91K. Total functional expenses fell by 25.9%, from $51K to $38K. In its most recent filing year (2023), Montana Restaurant Association Education Foundation reported a deficit of $34K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $38K | $91K | $0 | — | View 990 |
| 2022 | $40K | $9K | $125K | $0 | — | — |
| 2021 | $23K | $13K | $95K | $1K | — | — |
| 2020 | $26K | $33K | $86K | $3K | — | — |
| 2019 | $55K | $46K | $91K | $1K | — | View 990 |
| 2018 | $59K | $101K | $81K | $526 | — | View 990 |
| 2017 | $82K | $83K | $122K | $0 | — | View 990 |
| 2016 | $58K | $73K | $124K | $0 | — | View 990 |
| 2015 | $56K | $51K | $139K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $38K, and assets of $91K (revenue -88.9% year-over-year).
- 2022: Revenue of $40K, expenses of $9K, and assets of $125K (revenue +72.5% year-over-year).
- 2021: Revenue of $23K, expenses of $13K, and assets of $95K (revenue -11.4% year-over-year).
- 2020: Revenue of $26K, expenses of $33K, and assets of $86K (revenue -51.9% year-over-year).
- 2019: Revenue of $55K, expenses of $46K, and assets of $91K (revenue -7.4% year-over-year).
- 2018: Revenue of $59K, expenses of $101K, and assets of $81K (revenue -27.6% year-over-year).
- 2017: Revenue of $82K, expenses of $83K, and assets of $122K (revenue +41.5% year-over-year).
- 2016: Revenue of $58K, expenses of $73K, and assets of $124K (revenue +2.9% year-over-year).
- 2015: Revenue of $56K, expenses of $51K, and assets of $139K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Montana Restaurant Association Education Foundation:
Data Sources and Methodology
This transparency report for Montana Restaurant Association Education 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.