Hamilton Downtown Association

Nonprofit profile at a glance

EIN
274526064
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024, Form 990-N 2016
Location
Hamilton, MT, USA
Phone
4063609458
Rating confidence
Limited
Sector
Business and Industry

Reported finances

Revenue
$94,470
Expenses
$108,391
Assets
$2,062
Liabilities
$21,802

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • MARK RUD (PRESIDENT)

People named in this filing

  • ROBIN PRUITT (EXECUTIVE DI)
  • MARK RUD (PRESIDENT)
  • LACI ROSE (VICE PRESIDE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the hamilton downtown association (hda) is to reinvest and maintain the vitality of the hamilton business community; to promote hamilton as a cultural, historic, entertainment and business destination; to reach out to the residents of the valley to educate them on our products and services and the importance of supporting local business; and to contribute to the vitality and well-being of our community. Established in 2011, the hda is supported by annual membership dues and event proceeds. The board is chosen by its members which include businesses, non-profits, and individuals.

What it reported doing in 2024

The purpose of the hamilton downtown association (hda) is to reinvest and maintain the vitality of the hamilton business community; to promote hamilton as a cultural, historic, entertainment and business destination; to reach out to the residents of the valley to educate them on our products and services and the importance of supporting local business; and to contribute to the vitality and well-being of our community.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 21
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -14.7%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.02; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 10.57; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4.6% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: -4.6% per year; rating input score 0; 25th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 27/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.