Financial assistance to nonprofits benefiting lewis & clark county residents. Fundraising costs to build endowment for grants, which is the exempt purpose.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Run by 30 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $21K a year · 6% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$63K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $63K in investments, Pt X · Ln 11–13
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $123K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$15K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$283K
+4% vs prior year
Spent
$302K
To programs
72%
Net assets
$548K
By yearFY2020–FY2024
Revenue
$283K
FY2024▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$134K
FY2021$243K
FY2022$595K
FY2023$271K
FY2024$283K
Expenses
$302K
FY2024▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$132K
FY2022$608K
FY2023$265K
FY2024$302K
Net assets
$548K
FY2024▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$403K
FY2021$552K
FY2022$477K
FY2023$516K
FY2024$548K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $218K Management & general 15% · $45K Fundraising 13% · $38K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $63K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$63,222Pt VII · Sec A
Past President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Emily Frazier’s $63K as Executive Director is at the 60th percentile of top reported officer pay among 1265 $100K–1M philanthropy & grantmaking 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Emily Frazier$63,222$62,283$62,294—
Emily Fleming———$58,000

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.

See Helena Area Community Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides grants to nonprofits serving Lewis & Clark County residents.

Questions for Helena Area Community Foundation

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Provided by the organization

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1 program · $218K · in their own filed words · FY2024
01

The grants as listed in this return are funded with earnings from an endowment fund held as an asset of montana community foundation, an agency endowment fund held for hacf at MCF, board designated funds and funds received for re-granting.

$218Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$123K
See all 3 funders →
Grants paid · 33 grants · $409K · 2022–2024
Unitemized GrantFY2024$12,000
Unitemized GrantFY2023$10,462
Explorationworks INCMT · FY2023$7,560
YWCA HelenaMT · FY2022$14,000
The Myrna LoyMT · FY2022$14,000
Grandstreet TheatreMT · FY2022$14,000
See all 33 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$283K
Ln 12
Gifts and grantsLn 1h$258K
Investment incomeLn 3$49K
Money outPt IX
$302K
Ln 25
Programscol B$218K
Managementcol C$45K
Fundraisingcol D$38K
Owns and owesPt X
$548K
net assets · Ln 32
Cash and savingsLn 1–2$47K
Total assetsLn 16$564K
LiabilitiesLn 26$15K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$258K
Government grantsLn 1e$107K
Fundraising eventsLn 1c$53K
Investment incomeLn 3$49K
Gains on assetsLn 7$4K
Total revenueLn 12$283K
Assets in detailPt X, end of year
CashLn 1$47K
Cash and savings togetherLn 1–2$47K
InvestmentsLn 11–13$63K
Land, buildings, equipmentLn 10c$771
Other assetsLn 15$397K
Total assetsLn 16$564K
LiabilitiesLn 26$15K
Net assetsLn 32$548K
OperationsPt I, VI
EmployeesI 51
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$71K$47K
InvestmentsLn 11–13$69K$63K
Land, buildings, equipmentLn 10c$1K$771
Total assetsLn 16$526K$564K
LiabilitiesLn 26$10K$15K
Net assetsLn 32$516K$548K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$85K$85K
Grants to domestic individualsLn 2$12K$12K
Pay of current officers, directors and key staffLn 5$65K$52K$13K
Other salaries and wagesLn 7$47K$37K$362$10K
Other employee benefitsLn 9$6K$3K$4K
Payroll taxesLn 10$10K$10K$32
Accounting feesLn 11c$14K$14K
Investment management feesLn 11f$5K$5K
Other fees for servicesLn 11g$2K$25$2K$300
Advertising and promotionLn 12$165$165
Office expensesLn 13$14K$239$6K$7K
Information technologyLn 14$2K$540$1K
OccupancyLn 16$9K$7$9K
TravelLn 17$1K$1K
Conferences, conventions and meetingsLn 19$2K$15$2K
Depreciation, depletion and amortizationLn 22$229$229
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$27K$15K$6K$7K
All other expensesLn 24e$194$6$188
Total functional expensesLn 25$302K$218K$45K$38K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $283K$302K−$19K$548K 990 PDF
FY2023 $271K$265K$6K$516K 990 PDF
FY2022 $595K$608K−$13K$477K 990 PDF
FY2021 $243K$132K$110K$552K 990 PDF
FY2020 $134K$403K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $283,404 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $246,300$257,878
I-9 Program service revenuePrior year $170$0
I-10 Investment incomePrior year $45,462$49,269
I-11 Other revenuePrior year −$20,706−$23,743
I-12 Total revenuePrior year $271,226$283,404
I-13 Grants and similar amounts paidPrior year $85,811$96,739
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $113,793$128,499
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $65,433$76,959
I-18 Total expensesPrior year $265,037$302,197
I-19 Revenue less expensesPrior year $6,189−$18,793
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $283,404 across 8 lines filed
VIII-1c Fundraising events$52,598
VIII-1e Government grants$107,284
VIII-1f All other contributions, gifts and grants$97,996
VIII-1h Total contributions, gifts and grants$257,878
VIII-3 Investment incomeExcluded from tax $44,877$44,877
VIII-7 Net gain or loss on sales of assetsExcluded from tax $4,392$4,392
VIII-8 Net income from fundraising eventsExcluded from tax −$23,743−$23,743
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $25,526$283,404
Part IX · Statement of functional expenses $302,197 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $84,739$84,739
IX-2 Grants to domestic individualsPrograms $12,000$12,000
IX-5 Pay of current officers, directors and key staffPrograms $52,142 · Fundraising $13,035$65,177
IX-7 Other salaries and wagesPrograms $36,827 · Management $362 · Fundraising $10,009$47,198
IX-9 Other employee benefitsPrograms $2,778 · Management $3,668$6,446
IX-10 Payroll taxesPrograms $9,646 · Management $32$9,678
IX-11c Accounting feesManagement $13,545$13,545
IX-11f Investment management feesPrograms $4,751$4,751
IX-11g Other fees for servicesPrograms $25 · Management $1,793 · Fundraising $300$2,118
IX-12 Advertising and promotionManagement $165$165
IX-13 Office expensesPrograms $239 · Management $6,384 · Fundraising $7,100$13,723
IX-14 Information technologyPrograms $540 · Management $1,051$1,591
IX-16 OccupancyPrograms $7 · Management $8,788$8,795
IX-17 TravelFundraising $1,288$1,288
IX-19 Conferences, conventions and meetingsPrograms $15 · Management $1,784$1,799
IX-22 Depreciation, depletion and amortizationManagement $229$229
IX-23 InsuranceManagement $1,417$1,417
IX-24 Other expenses (24a–d)Programs $14,750 · Management $6,080 · Fundraising $6,514$27,344
IX-24e All other expensesPrograms $6 · Management $188$194
IX-25 Total functional expensesPrograms $218,465 · Management $45,486 · Fundraising $38,246$302,197
Part X · Balance sheet $563,535 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $71,220$47,330
X-4 Accounts receivableStart of year $27,792$55,825
X-10c Land, buildings and equipment, netStart of year $1,000$771
X-11 Publicly traded securitiesStart of year $69,250$62,963
X-15 Other assetsStart of year $356,386$396,646
X-16 Total assetsStart of year $525,648$563,535
X-17 Accounts payable and accrued expensesStart of year $9,692$15,484
X-26 Total liabilitiesStart of year $9,692$15,484
X-27 Net assets without donor restrictionsStart of year $515,956$548,051
X-32 Total net assets or fund balancesStart of year $515,956$548,051
X-33 Total liabilities and net assetsStart of year $525,648$563,535
Part XI · Reconciliation of net assets $548,051 net assets at year end
XI-1 Total revenue$283,404
XI-2 Total expenses$302,197
XI-3 Revenue less expenses−$18,793
XI-4 Net assets at start of year$515,956
XI-5 Net unrealized gains (losses) on investments$50,888
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$548,051

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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