Northern Rocky Mountain Economic Development District
EIN: 260281964 · Bozeman, MT · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $849K |
| Total Expenses | $331K |
| Net Assets | $580K |
Is Northern Rocky Mountain Economic Development District Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northern Rocky Mountain Economic Development District
Northern Rocky Mountain Economic Development District (EIN: 260281964) is a nonprofit organization based in Bozeman, MT, classified under NTEE code X20. The organization reported total revenue of $849K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Rocky Mountain Economic Development District's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northern Rocky Mountain Economic Development District is a small nonprofit that has been operating for 18 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $330K |
| Total Expenses | $331K |
| Surplus / Deficit | $-1,510 |
| Total Assets | $616K |
| Total Liabilities | $37K |
| Net Assets | $580K |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 6.0% |
| Months of Reserves | 22.3 months |
Financial Health Grade: B
In 2023, Northern Rocky Mountain Economic Development District reported a deficit of $2K with expenses exceeding revenue, holds 22.3 months of operating reserves (strong position), has a debt-to-asset ratio of 6.0% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Northern Rocky Mountain Economic Development District's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | -13.9% | -0.5% |
| 2022 | -66.2% | -6.3% | -11.9% |
| 2021 | +4.9% | -49.0% | +289.8% |
| 2020 | +349.5% | +435.2% | +83.3% |
| 2019 | +22.3% | +2.4% | +89.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northern Rocky Mountain Economic Development District 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 Northern Rocky Mountain Economic Development District 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 deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.0%.
Frequently Asked Questions about Northern Rocky Mountain Economic Development District
Is Northern Rocky Mountain Economic Development District a legitimate charity?
Based on AI analysis of IRS 990 filings, Northern Rocky Mountain Economic Development District (EIN: 260281964) insufficient data. 0 red flags identified, 0 strengths noted.
How does Northern Rocky Mountain Economic Development District spend its money?
Detailed spending breakdown data is not yet available for Northern Rocky Mountain Economic Development District. Check back for updated IRS 990 analysis.
Are donations to Northern Rocky Mountain Economic Development District tax-deductible?
Northern Rocky Mountain Economic Development District is registered as a tax-exempt nonprofit (EIN: 260281964). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northern Rocky Mountain Economic Development District located?
Northern Rocky Mountain Economic Development District is headquartered in Bozeman, Montana and files with the IRS under EIN 260281964. It is classified under NTEE code X20.
How many years of IRS 990 filings does Northern Rocky Mountain Economic Development District have?
Northern Rocky Mountain Economic Development District has 11 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 $849K in total revenue.
Filing History
IRS 990 filing history for Northern Rocky Mountain Economic Development District showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Northern Rocky Mountain Economic Development District's revenue has grown by 133.5%, moving from $141K to $330K. Total assets increased by 1054.5% over the same period, from $53K to $616K. Total functional expenses rose by 245.8%, from $96K to $331K. In its most recent filing year (2023), Northern Rocky Mountain Economic Development District reported a deficit of $2K, with expenses exceeding revenue. The organization holds $37K in liabilities against $616K in assets (debt-to-asset ratio: 6.0%), resulting in net assets of $580K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $330K | $331K | $616K | $37K | — | — |
| 2022 | $313K | $384K | $619K | $38K | — | View 990 |
| 2021 | $926K | $410K | $703K | $50K | — | — |
| 2020 | $883K | $805K | $180K | $44K | — | View 990 |
| 2019 | $196K | $150K | $98K | $4K | — | View 990 |
| 2018 | $161K | $147K | $52K | $4K | — | View 990 |
| 2017 | $126K | $160K | $39K | $4K | — | View 990 |
| 2016 | $155K | $143K | $72K | $4K | — | View 990 |
| 2015 | $179K | $170K | $56K | $4K | — | View 990 |
| 2014 | $184K | $188K | $47K | $4K | — | View 990 |
| 2013 | $141K | $96K | $53K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $330K, expenses of $331K, and assets of $616K (revenue +5.4% year-over-year).
- 2022: Revenue of $313K, expenses of $384K, and assets of $619K (revenue -66.2% year-over-year).
- 2021: Revenue of $926K, expenses of $410K, and assets of $703K (revenue +4.9% year-over-year).
- 2020: Revenue of $883K, expenses of $805K, and assets of $180K (revenue +349.5% year-over-year).
- 2019: Revenue of $196K, expenses of $150K, and assets of $98K (revenue +22.3% year-over-year).
- 2018: Revenue of $161K, expenses of $147K, and assets of $52K (revenue +27.2% year-over-year).
- 2017: Revenue of $126K, expenses of $160K, and assets of $39K (revenue -18.3% year-over-year).
- 2016: Revenue of $155K, expenses of $143K, and assets of $72K (revenue -13.7% year-over-year).
- 2015: Revenue of $179K, expenses of $170K, and assets of $56K (revenue -2.6% year-over-year).
- 2014: Revenue of $184K, expenses of $188K, and assets of $47K (revenue +30.4% year-over-year).
- 2013: Revenue of $141K, expenses of $96K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northern Rocky Mountain Economic Development District:
Data Sources and Methodology
This transparency report for Northern Rocky Mountain Economic Development District 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.