Beartooth Billings Clinic Foundation EIN 81-0484562 Form 990 (PDF) Claim this org

Beartooth Billings Clinic Foundation

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Provides financial support and community awareness for Beartooth Billings Clinic. For fiscal year 2024 it reported $764K in revenue, $252K in expenses, and $4.5M in net assets.Pt I

Founded
1998
Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Red Lodge, MT
Website
www.beartoothbillingsclinic.org/foundation
Filings
5 on file (2020–2024)
Revenue
$764KFY2024
Expenses
$252K
Net assets
$4.5M
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-0484562 Public foundation / grantmaker Red Lodge, MT Founded 1998
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides financial support and community awareness for Beartooth Billings Clinic.
Leadership
Money in and out
$764K revenue, $252K expenses
Bottom line
87% program efficiency
Grants paid & assets · FY2024
Total revenue
$764K
Pt VIII · Ln 12
Total expenses
$252K
Pt IX · Ln 25
Net assets
$4.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $512K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.10 Fundraising $0.02
Program efficiency
87%
of spending reaches programs▲ +41% vs prior filing year
Operating runway
1024.9mo
months of highly liquid reserves at operating expense rate▼ -7% vs prior filing year
Surplus margin
+67%
revenue over expenses, this year▼ -26% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$764K
FY2024▼ -12%
Expenses
$252K
FY2024▲ +202%
Total assets
$4.5M
FY2024▲ +17%
Total liabilities
$24K
FY2024▲ +19%
Total revenue
$764K
Pt VIII · Ln 12
Total expenses
$252K
Pt IX · Ln 25
Net assets
$4.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$512K
Total assetsPt X · Ln 16$4.5M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $220K of program spending, described in the organization's own filed words · FY2024.
01

The foundation successfully raised funds and supported beartooth billings clinic and their staff through grant opportunties. The foundation successfully implemented an employee crisis fund and provided scholarships for higher education to staff members seeking a higher education.

$220Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBeartooth Billings Clinic Foundation
EINHdr · item D81-0484562
Principal addressHdr · item CRed Lodge, MT
Year of formationHdr · item L1998
State of legal domicileHdr · item MMT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T70Z)
Ruling yearIRS BMFFeb 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
$0Pt VII · Sec A
& Treasurer Then President
$0Pt VII · Sec A
$0Pt VII · Sec A
President Then Past President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary & Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director (through December 2024)
$0Pt VII · Sec A
See Beartooth Billings Clinic Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$593K · 78%
Investment income$203K · 27%
Contributions & grants78%$593K
Investment income27%$203K
Total revenueLn 12$764K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.10 Fundraising $0.02
Program services87%$220K
Management & general10%$26K
Fundraising2%$6K
Total functional expensesLn 25$252K

Balance Sheet

Part X · end of year
CashLn 1$405K
Total assetsLn 16$4.5M
Total liabilitiesLn 26$24K
Total net assetsLn 32$4.5M
Months of cash on handcomputed19.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.0M · Operating expenses (Pt IX) $252K · Less non-cash grants $205K · Cash operating expenses/yr $47K
1024.9 months
Where the money goes
Program services
Program services $220K · Total expenses $252K
87%
Management & General
Management & general $26K · Total expenses $252K
10%
Fundraising
Fundraising $6K · Total expenses $252K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $517K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $593K · Total revenue $764K
78%
Government reliance
Government grants — · Total revenue $764K
Earned-income share
Program service revenue $0 · Total revenue $764K
0%
Investment reliance
Investment income $203K · Total revenue $764K
+27%
Program self-sufficiency
Program service revenue $0 · Total expenses $252K
0%
Growth & trend
Revenue growth (YoY)
This year $764K · Prior year $866K
-12%
Revenue CAGR
FY2019 $247K · FY2024 $764K
+25%
Net-asset trend (YoY)
End of year $4.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $764K · Expenses $252K
+67%
Liabilities-to-Assets
Total liabilities — · Total assets $4.5M
Net-asset ratio
Net assets $4.5M · Total assets $4.5M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.5M
80%
People & payroll
Highest Reported Total Compensation
Individual Linda Harris CPA · Reported title CFO · Highest reported compensation $0 · Total expenses $252K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $252K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 10%
Fundraising cost ratio 1%
Revenue growth -12%

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 4 funders →
Grants paid · 13 grants · $929K · 2019–2024
Beartooth Billings ClinicMT · FY2024$212,363
Unitemized GrantFY2024$4,124
Unitemized GrantFY2024$3,500
Beartooth Billings ClinicMT · FY2023$31,354
Unitemized GrantFY2023$15,000
Unitemized GrantFY2023$3,300
Unitemized GrantFY2023$1,951
Beartooth Billings ClinicMT · FY2022$421,572
Unitemized GrantFY2022$5,624
Unitemized GrantFY2022$2,107
Beartooth Billings ClinicMT · FY2021$39,041
Beartooth Billings ClinicMT · FY2020$62,507
Beartooth Billings ClinicMT · FY2019$126,297

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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$866K revenue · ⤓ 990 PDF
FY2023$298K revenue · ⤓ 990 PDF
FY2022$261K revenue · ⤓ 990 PDF
FY2021$431K revenue · ⤓ 990 PDF
FY2020$247K 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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