Red Lodge Area Community Foundation

Nonprofit profile at a glance

EIN
200192255
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Red Lodge, MT, USA
Phone
4064462820
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Foundations

Official website

Reported finances

Revenue
$3,450,688
Expenses
$2,867,036
Assets
$5,605,365
Liabilities
$1,149,033

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • TRACY TIMMONS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • TRACY TIMMONS (EXECUTIVE DIRECTOR): $131,879 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The red lodge area community foundation serves our community through connecting people and building community by catalyzing change and leveraging resources to build a strong, vibrant, resilient, inclusive community. As a neutral convener, we serve through grantmaking, community leadership, and philanthropic services.

What it reported doing in 2025

Robust arts & culturein 2025, community volunteers contributed 930 hours to robust arts & culture projects, valued at $29,900. The roosevelt center hosted 325 event space rentals, serving 13,625 attendees and continuing to grow as a hub for arts, culture, and community engagement. Highlights include: david and cheryl whitcomb's open mic nights featured more than 100 performances across eight events, welcoming a total audience of 438 and engaging the community in local talent development. Missoula children's theatre returned in january with auditions, rehearsals, and two performances of alice in wonderland, featuring 47 local youth actors and drawing a combined audience of 422. Montana shakespeare in the schools visited twice, engaging 300 elementary students in march and 310 attendees in october, with additional workshops for 50 middle and high school students. Red lodge high school staged multiple performances at the roosevelt center, drawing a total audience of 570. The billings symphony winds ensemble performed a free rural rhythms concert for 80 attendees, expanding access to live music in our rural community. Major capital improvements significantly expanded access and usability of the roosevelt center. The installation of a four-stop elevator, secondary exit staircase, and ada ramp enabled full public access to the third floor and the opening of the gregory t. Harper recital hall. The expansion also brought additional tenant space online and increased the center's capacity to host performances and events.additional facility improvements continued throughout the year, including installation of 71 new windows in the historic east wing, development of ada-accessible pathways and interpretive features in the sculpture garden, and construction progress on a catering kitchen and restroom facilities to support larger events and conferences.the roosevelt center also supported ongoing arts engagement through rotating exhibits featuring 22 guest artists and continued development of the youth & art garden, which hosted educational events and volunteer-driven improvements that integrate art, sustainability, and youth programming.

Operating model

Revenue model
Donor-supported. 65% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 64% for direct work, and 36% for 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 82
  • Accountability: 90
  • Sustainability: 60
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.9%; rating input score 77
  • Program expense ratio: 88.2%; rating input score 88
  • Fundraising efficiency: $22.22 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 18th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 66.8%; rating input score 67; 23rd percentile among comparable filings
  • 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: 6 of 8 controls in place; rating input score 75
    • 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: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 16.9%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 1.96; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.2; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 4.6%; rating input score 59; 59th percentile among comparable filings

Growth

  • Program expense growth: 14.9% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 15% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 14.7% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 76.9% of revenue deployed · 88.2% of spending went to programs
  • Governance: 16 of 16 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $2.5M in reported program spending
  • Leadership: top reported pay $132K · 17 people listed
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 28 filed money-flow records
  • Related organizations: 17 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.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
  • Review — Sustainability: Officer compensation ratio scored 59/100.