Storm Castle Foundation
Storm Castle Foundation shows strong asset growth and no reported officer compensation, despite occasional negative revenue periods.
EIN: 208681172 · Big Sky, MT · NTEE: T20 · Updated: 2026-03-28
About Storm Castle Foundation
Storm Castle Foundation (EIN: 208681172) is a nonprofit organization based in Big Sky, MT, classified under NTEE code T20. The organization reported total revenue of $24.3M and total assets of $29.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Storm Castle Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Storm Castle 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Storm Castle Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating either volunteer leadership or compensation being categorized differently, which is unusual for an organization with assets nearing $30 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.
Red Flags
The following concerns were identified during AI analysis of Storm Castle Foundation's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size, potentially obscuring true leadership costs.
- Occasional negative revenue periods (e.g., 202212, 201512) without immediate explanation in summary data.
Strengths
The following positive indicators were identified for Storm Castle Foundation:
- Strong asset growth from $4.7 million in 201112 to $20.3 million in 202312.
- Healthy financial surplus in the latest reported period (202312) with revenue of $3,323,171 against expenses of $965,691.
- Low reported administrative and fundraising costs, assuming the 0% officer compensation is genuinely reflective of low overhead.
Frequently Asked Questions about Storm Castle Foundation
Why does Storm Castle Foundation report 0% officer compensation across all filings?
The consistent reporting of 0% officer compensation suggests either a fully volunteer leadership structure or that executive compensation is being reported under different expense categories, which would require further investigation to understand the true cost of leadership.
What caused the negative revenue figures in periods like 202212 ($-30,352) and 201512 ($-116,111)?
Negative revenue figures can arise from various factors, including significant investment losses, returns of grants, or accounting adjustments. A detailed review of the specific 990 forms for those years would be necessary to identify the exact causes.
How does Storm Castle Foundation manage its significant assets, which grew from $4.7 million to over $20 million?
The substantial growth in assets suggests effective investment strategies, successful fundraising campaigns, or significant non-cash contributions. The organization's investment policies and asset allocation would provide more insight.
Filing History
IRS 990 filing history for Storm Castle Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Storm Castle Foundation's revenue has grown by 23%, moving from $2.7M to $3.3M. Total assets increased by 327.5% over the same period, from $4.8M to $20.4M. Total functional expenses rose by 744.5%, from $114K to $966K. In its most recent filing year (2023), Storm Castle Foundation reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $68K in liabilities against $20.4M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $20.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $966K | $20.4M | $68K | — | — |
| 2022 | $-30,352 | $1.5M | $18.1M | $140K | — | View 990 |
| 2021 | $1.9M | $3.7M | $19.4M | $8K | — | View 990 |
| 2020 | $1.5M | $943K | $20.1M | $3K | — | View 990 |
| 2019 | $5.0M | $1.0M | $19.8M | $11K | — | View 990 |
| 2015 | $-116,111 | $327K | $8.9M | $0 | — | View 990 |
| 2014 | $4.4M | $268K | $9.4M | $21K | — | View 990 |
| 2013 | $813K | $241K | $5.3M | $18K | — | View 990 |
| 2012 | $56K | $161K | $4.7M | $1 | — | View 990 |
| 2011 | $2.7M | $114K | $4.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $966K, and assets of $20.4M.
- 2022: Revenue of $-30,352, expenses of $1.5M, and assets of $18.1M (revenue -101.6% year-over-year).
- 2021: Revenue of $1.9M, expenses of $3.7M, and assets of $19.4M (revenue +30.7% year-over-year).
- 2020: Revenue of $1.5M, expenses of $943K, and assets of $20.1M (revenue -71.0% year-over-year).
- 2019: Revenue of $5.0M, expenses of $1.0M, and assets of $19.8M.
- 2015: Revenue of $-116,111, expenses of $327K, and assets of $8.9M (revenue -102.6% year-over-year).
- 2014: Revenue of $4.4M, expenses of $268K, and assets of $9.4M (revenue +441.0% year-over-year).
- 2013: Revenue of $813K, expenses of $241K, and assets of $5.3M (revenue +1358.9% year-over-year).
- 2012: Revenue of $56K, expenses of $161K, and assets of $4.7M (revenue -97.9% year-over-year).
- 2011: Revenue of $2.7M, expenses of $114K, and assets of $4.8M.
Data Sources and Methodology
This transparency report for Storm Castle 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.