Yellowstone Ice Foundation
Nonprofit profile at a glance
- EIN
- 993578360
- IRS 990 coverage
- 2024–2025
- Forms available
- Form 990 2025
- Location
- Billings, MT, USA
- Phone
- 4067946798
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $5,492,736
- Expenses
- $91,856
- Assets
- $9,451,968
- Liabilities
- $5,865
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- PARKER JAMES-PHIPPS (PRESIDENT)
People named in this filing
- PARKER JAMES-PHIPPS (PRESIDENT)
- ALEX PICICCI (SECRETARY/TREASURER)
- MICHAEL DIBLASI (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Yellowstone ice foundation's goal is to establish a multifunctional indoor ice facility that will serve as a pivotal resource for both enthusiasts and newcomers to ice sports within our community.
What it reported doing in 2025
Yellowstone ice foundation's goal is to establish a multifunctional indoor ice facility that will serve as a pivotal resource for both enthusiasts and newcomers to ice sports with our community. The facility is designed to not only attract junior amateur and professional teams, but also to significantly enhance existing programs in hockey, curling, and figure skating that are currently limited by inadequate space. Furthermore, this development is strategically located to catalyze economic growth and drive transformative improvements to the southside neighborhoods of billings. The proposed facility will feature flexible programming with multi-use spaces adaptable to various events and sports. During 2025, the foundation was in the process of securing funding and continuing construction on the facility. The arena expects to be open in the middle of 2026.
Operating model
- Revenue model
- Donor-supported. 99% 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 30
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 97
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 2.5%; rating input score 3
- Program expense ratio: 84.8%; rating input score 85
- Fundraising efficiency: Limited
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: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 98.3%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 102.9; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 89; 89th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 90; 90th percentile among comparable filings
Growth
- Program expense growth: 162.9% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: 30.1% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 80.1% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 2.5% of revenue deployed · 84.8% of spending went to programs
- Governance: 4 of 4 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $78K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- High — Financial Efficiency: Mission deployment rate scored 3/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.