Commit Foundation EIN 45-5219311

Commit Foundation

EIN  45-5219311 Public charity (501(c)(3)) Bozeman, MT
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/1/26 · see original filing: IRS
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Size
$1–10M
What they do
Helps service members and veterans find successful careers after their military service.
Leadership
Margaret Riley · COO · $163K
Money in and out
$2.6M revenue, $2.9M expenses
Bottom line
82% program efficiency

Helps service members and veterans find successful careers after their military service. For fiscal year 2024 it reported $2.6M in revenue, $2.9M in expenses, and $585K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$2.6M
Pt VIII · Ln 12
Total expenses
$2.9M
Pt IX · Ln 25
Net assets
$585K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$260K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.07 Fundraising $0.12
Program efficiency
82%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
1.4mo
months of highly liquid reserves at operating expense rate▼ -39% vs prior filing year
Surplus margin
-10%
revenue over expenses, this year▲ +93% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.6M
FY2024▲ +106%
Expenses
$2.9M
FY2024▼ -9%
Total assets
$660K
FY2024▼ -33%
Total liabilities
$75K
FY2024▼ -47%
Total revenue
$2.6M
Pt VIII · Ln 12
Total expenses
$2.9M
Pt IX · Ln 25
Net assets
$585K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$260K
Total assetsPt X · Ln 16$660K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $2.2M of program spending, described in the organization's own filed words · FY2024.
01

Commit's one-on-one transition assistance program is founded on the concept of identifying exactly where the veteran is in their transition journey, coaching them through a set of exercises designed to help them determine what lives they want to live post-service, and connecting them with people who can help make the life they've…

$1.0Mprogram expense
02

Participants work with commit for many months, receiving individualized services. Veterans identify their values, strengths and skills in order to focus their career choices. Services include executive coaching, mentoring sessions, professional development, resume assistance, interview preparation, networking opportunities, referrals…

$752Kprogram expense
03

Transition Mentoring Workshops

In transition mentoring workshops, small groups of transitioning military persons come together with facilitators and business mentors. Led by professional facilitators, service members and veterans work through a series of modules focused on values, strengths, culture and opportunities to change perspectives and improve trajectories.

$422Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCommit Foundation
EINHdr · item D45-5219311
Principal addressHdr · item CBozeman, MT
WebsiteHdr · item Jwww.commitfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFAug 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$163,333Pt VII · Sec A
$158,333Pt VII · Sec A
Dir Info Systems
$104,305Pt VII · Sec A
VP of Alumni
$103,706Pt VII · Sec A
$100,192Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Margaret Riley’s $163K as COO is at the 79th percentile of top reported officer pay among 3864 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Margaret Riley$163,333$132,113$126,072
Jc Glick$158,333
Alexander Krongard$129,264$152,984$100,000
Anne Meree Craig$117,517$148,161
Scott Walgren$120,600$126,750
Scott Walgren$126,072
Margaret Riley$120,600$124,000
Shannon Kopp$110,600$113,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$2.6M
Investment income$11K
Total revenueLn 12$2.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.07 Fundraising $0.12
Program services82%$2.4M
Management & general7%$199K
Fundraising12%$335K
Total functional expensesLn 25$2.9M

Balance Sheet

Part X · end of year
CashLn 1$322K
Total assetsLn 16$660K
Total liabilitiesLn 26$75K
Total net assetsLn 32$585K
Months of cash on handcomputed1.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $339K · Operating expenses/yr $2.9M
1.4 months
Where the money goes
Program services
Program services $2.4M · Total expenses $2.9M
82%
Management & General
Management & general $199K · Total expenses $2.9M
7%
Fundraising
Fundraising $335K · Total expenses $2.9M
12%
Cost to raise $1
Fundraising expense (3-yr avg) $308K · Solicited contributions (3-yr avg) $2.4M
$0.13 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.6M · Total revenue $2.6M
100%
Government reliance
Government grants — · Total revenue $2.6M
Earned-income share
Program service revenue $0 · Total revenue $2.6M
0%
Investment reliance
Investment income $11K · Total revenue $2.6M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $2.9M
0%
Growth & trend
Revenue growth (YoY)
This year $2.6M · Prior year $1.3M
+106%
Revenue CAGR
FY2020 $5.2M · FY2024 $2.6M
-16%
Net-asset trend (YoY)
End of year $585K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.6M · Expenses $2.9M
-10%
Liabilities-to-Assets
Total liabilities — · Total assets $660K
Net-asset ratio
Net assets $585K · Total assets $660K
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $17K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $660K
3%
People & payroll
Highest Reported Total Compensation
Individual Margaret Riley · Reported title COO · Highest reported compensation $163K · Total expenses $2.9M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.4M · Total expenses $2.9M
47%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 7%
Fundraising cost ratio 13%
Revenue growth 106%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 5 grants · $227K · 2020–2024
Unitemized GrantFY2024$19,500
Unitemized GrantFY2023$45,332
Unitemized GrantFY2022$96,421
Unitemized GrantFY2021$33,456
Unitemized GrantFY2020$31,809

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$2.6M revenue · viewing · ⤓ 990 PDF
FY2023$1.3M revenue · ⤓ 990 PDF
FY2022$4.1M revenue · ⤓ 990 PDF
FY2021$1.7M revenue · ⤓ 990 PDF
FY2020$5.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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