Montis Residential EIN 46-4518539 Form 990 (PDF) Claim this org

Montis Residential

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Provides safe housing and healthy environments for individuals with intellectual, developmental, and mental disabilities. For fiscal year 2025 it reported $979K in revenue, $936K in expenses, and $996K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Gadsden, AL
Filings
6 on file (2020–2025)
Revenue
$979KFY2025
Expenses
$936K
Net assets
$996K
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  46-4518539 Public charity (501(c)(3)) Gadsden, AL
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides safe housing and healthy environments for individuals with intellectual, developmental, and mental disabilities.
Leadership
Don Steward · President
Money in and out
$979K revenue, $936K expenses
Bottom line
67% program efficiency
Where the money goes · FY2025
Total revenue
$979K
Pt VIII · Ln 12
Total expenses
$936K
Pt IX · Ln 25
Net assets
$996K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $43K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.33
Program efficiency
67%
of spending reaches programs▼ -12% vs prior filing year
Operating runway
11.3mo
months of highly liquid reserves at operating expense rate▼ -11% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▼ -76% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$979K
FY2025▲ +2%
Expenses
$936K
FY2025▲ +20%
Total assets
$1.0M
FY2025▲ +5%
Total liabilities
$33K
FY2025▲ +44%
Total revenue
$979K
Pt VIII · Ln 12
Total expenses
$936K
Pt IX · Ln 25
Net assets
$996K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$43K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMontis Residential
EINHdr · item D46-4518539
Principal addressHdr · item CGadsden, AL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P73)
Ruling yearIRS BMFAug 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $631K of program spending, described in the organization's own filed words · FY2024.
01

The specific mission of montis residential is to provide safe and appropriate housing for intellectually, developmentally and mentally disabled persons; to create and sustain a healty environment for intellectually, developmentally and mentally disabled persons; and to improve mental health of the community at large.

$631Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$972K · 99%
Investment income$7K · 1%
Program service revenue99%$972K
Investment income1%$7K
Total revenueLn 12$979K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.33
Program services67%$631K
Management & general33%$304K
Total functional expensesLn 25$936K

Balance Sheet

Part X · end of year
CashLn 1$877K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$33K
Total net assetsLn 32$996K
Months of cash on handcomputed11.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $877K · Operating expenses/yr $936K
11.3 months
Where the money goes
Program services
Program services $631K · Total expenses $936K
67%
Management & General
Management & general $304K · Total expenses $936K
33%
Fundraising
Fundraising $0 · Total expenses $936K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $456
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $979K
0%
Government reliance
Government grants — · Total revenue $979K
Earned-income share
Program service revenue $972K · Total revenue $979K
99%
Investment reliance
Investment income $7K · Total revenue $979K
+0.7%
Program self-sufficiency
Program service revenue $972K · Total expenses $936K
104%
Growth & trend
Revenue growth (YoY)
This year $979K · Prior year $959K
+2%
Revenue CAGR
FY2019 $1.2M · FY2024 $979K
-4%
Net-asset trend (YoY)
End of year $996K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $979K · Expenses $936K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
Net-asset ratio
Net assets $996K · Total assets $1.0M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Don Steward · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $936K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $536K · Total expenses $936K
57%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 33%
Revenue growth 2%
Accounting fee ratio 0.8%

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.

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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
FY2025 (Latest)$979K revenue · viewing · ⤓ 990 PDF
FY2024$959K revenue · ⤓ 990 PDF
FY2023$775K revenue · ⤓ 990 PDF
FY2022$897K revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$1.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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