Billings Catholic Schools Foundation
Nonprofit profile at a glance
- EIN
- 383819006
- IRS 990 coverage
- 2014–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Billings, MT, USA
- Phone
- (406) 252-0252
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Fund Raising and/or Fund Distribution
- Affiliation
- Christianity
Reported finances
- Revenue
- $4,085,576
- Expenses
- $3,123,388
- Assets
- $37,315,429
- Liabilities
- $1,271,129
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- ADAM LIBERTY (EXEC DIRECTOR/PRESIDENT)
Highest reported compensation
- ADAM LIBERTY (EXEC DIRECTOR/PRESIDENT): $120,350 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Fostering the continued success and enrichment of the Billings Catholic Schools by providing and increasing an endowment and overseeing all fundraising efforts to ensure financial stability and support. At these 2 levels, this Mayfair special project will distribute $25,000 a year for classroom innovation over the next decade. It will be paired with the $25,000 distribution from the already established Teacher Excellence Fund. Together, this Teachers Excellence and Innovation Program will provide $50,000 annually for teacher grants: 1) We look for teacher-recommended innovative programs, curriculum, and materials that drive greater student achievement. 2) We will implement educational assistance for teachers who desire to pursue advanced degrees. 3) We will review teacher-initiated training opportunities that directly augments classroom instruction. ×.
What it reported doing in 2024
Providing scholarships and distibutions to the billings catholic schools which includes:$741,924 from the billings area catholic education trust$475 from the mayfair fundraiser$325,142 from urbaska field$167,238 from the porter endowment$40,233 from duffner endowment$6,945 from ece$61,718 from sfc$236,702 from bcchs$28,604 from bcs$28,500 from bcs tuition assistance$69,350 from special events central cross club$2,500 from special events ram scramble$7,529 from foundation special events$17,363 from ram scramble expenses$289,000 from bcs unrestricted distributions$23,505 from bcs annual scholarshipsother expenses making up total program expenses include depreciation of $537,029 related to the new school built.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 100
- Accountability: 97
- Sustainability: 81
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.1%; rating input score 87
- Program expense ratio: 82.7%; rating input score 83
- Fundraising efficiency: $26.58 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 95.2%; rating input score 95; 25th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 23.6%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 11.95; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 3.9%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: 9.2% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: -2.7% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 19th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 87.1% of revenue deployed · 82.7% of spending went to programs
- Governance: 20 of 21 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.6M in reported program spending
- Leadership: top reported pay $120K · 21 people listed
- Consistency: 33 of 33 current checks pass
- Schedules: 8 filed schedules · includes major donors and grants
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.