Historic Montana Ave Association
Nonprofit profile at a glance
- EIN
- 881918015
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025
- Location
- Billings, MT, USA
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $43,104
- Expenses
- $34,521
- Assets
- $31,362
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MAX GRIFFIN (President)
- MICHELLE WILLIAMS (Vice President)
People named in this filing
- MAX GRIFFIN (President)
- MICHELLE WILLIAMS (Vice President)
- MIKE SCHAER (Director)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Corporation is organized as a trade association within the meaning of 501(c)(6) of the Internal Revenue Code of 1986, as amended (the "Code"), to promote retail business, historic preservation, and beautification of the downtown area of the city of Billings commonly known as Montana Ave. by: (i) improving safety and walkability of the district, (ii) creating and implementing measures to deter and mitigate criminal activity, (iii) promoting higher beautification standards, maintaining historical integrity where possible, and encouraging cooperation among its membership, and (iv) establishing, improving, and maintaining community space to be conducive for business and tourism. Notwithstanding the foregoing, the Corporation may not perform particular services for any one individual or take any other action in furtherance of the above-stated purposes if taking such action would terminate or threaten the Corporation's tax-exempt status under Section 50l(c)(6) of the Code.
What it reported doing in 2025
The Corporation is organized as a trade association within the meaning of 501(c)(6) of the Internal Revenue Code of 1986, as amended (the "Code"), to promote retail business, historic preservation, and beautification of the downtown area of the city of Billings commonly known as Montana Ave. by: (i) improving safety and walkability of the district, (ii) creating and implementing measures to deter and mitigate criminal activity, (iii) promoting higher beautification standards, maintaining historical integrity where possible, and encouraging cooperation among its membership, and (iv) establishing, improving, and maintaining community space to be conducive for business and tourism. Notwithstanding the foregoing, the Corporation may not perform particular services for any one individual or take any other action in furtherance of the above-stated purposes if taking such action would terminate or threaten the Corporation's tax-exempt status under Section 50l(c)(6) of the Code.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 82
- Sustainability: 54
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.2%; rating input score 78
- Program expense ratio: 97.6%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 19.9%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -28.1% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: -32.7% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: 38% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 78.2% of revenue deployed · 97.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $34K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.