Leadership Montana Inc
Nonprofit profile at a glance
- EIN
- 208571151
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024, Form 990-EZ 2011
- Location
- Bozeman, MT, USA
- Phone
- 4065772727
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Adult, Continuing Education
Reported finances
- Revenue
- $753,676
- Expenses
- $691,206
- Assets
- $507,950
- Liabilities
- $367,274
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Highest reported compensation
- KELLY HEATON (Executive Dir.): $92,542 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At the heart of our work is our flagship program, an eight-month educational experience offering participants a unique opportunity to develop strong leadership skills along with personal and professional growth. We also offer a variety of programs such as our masters class for alumni, the confluence and lmt live which are also open to the general public, and leadership for legislators for elected officals.
What it reported doing in 2024
Through our unique educational programming, we gather some of the most accomplished minds to deeply discuss current issues facing Montana. At the same time, participants enhance their own leadership skills through our curriculum, leading in Montana, designed specifically around our class members' interests and needs.once participants complete the program, they join our esteemed alumni network consisting of the state's most influential professionals. With an increased awareness and a commitment to service, our alumni shape Montana's future with enhanced leadership skills and a deepened knowledge of the challenges and opportunities.leadership Montana also provides training for leaders statewide through special programs and events.
Operating model
- Revenue model
- Donor-supported. 63% of the money available for current operations came from contributions and gifts.
- 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.
- 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. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.1%; rating input score 77
- Program expense ratio: 84%; rating input score 84
- Fundraising efficiency: $11.95 raised per $1 spent on fundraising; rating input score 44; 44th 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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.3%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 0.73; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0.72; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 13.4%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 9.1% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 9.6% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 13.4% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 77.1% of revenue deployed · 84% of spending went to programs
- Governance: 14 of 14 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $581K in reported program spending
- Leadership: top reported pay $93K · 15 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 11 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 44/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- Review — Sustainability: Operating margin scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- High — Sustainability: Officer compensation ratio scored 27/100.