Downtown Billings BID Inc

EIN: 205506295 501(c)(3) Community Improvement

Billings, MT

Total Revenue
$810,008
Total Expenses
$780,142
Total Assets
$743,750
Net Assets
$701,460
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MT
Principal Officer
Kathryn Easton
Phone
4062945060
Tax Period
2022-07-01 to 2023-06-30

Downtown Billings BID Inc, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $810K in total revenue in fiscal year 2022. Revenue decreased 11% compared to the prior year. Expenses of $780K left a modest 4% surplus.

Mission

The Billings Improvement District BID is dedicated to improving the cleanliness, appearance, and perception of safety in Downton Billings to further enhance and make Billings a vibrant destination for visitors, residents, owners, employees, and students.

Program Service Accomplishments

Program 1
Expenses: $772,972 Revenue: $699,521

The BID operates certain revitalization, maintenance, and hospitality functions the corporate entity known as the Billings Business Improvement District

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $110,487
Program Service Revenue $699,301
Investment Income $220
Other Revenue $0
TOTAL REVENUE $810,008

Expense Breakdown

Grants Paid $0
Salaries & Benefits $345,220
Fundraising Expenses $0
Program Expenses $772,972
Other Expenses $434,922
TOTAL EXPENSES $780,142

Year-over-Year Comparison

2022 2021 Change
Revenue $810,008 $906,855 -0.1%
Expenses $780,142 $706,097 +0.1%
Net Income $29,866 $200,758 -0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
7
Employees
16
Volunteers
20

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$100,650
Total Directors
6
$100,650
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathryn Easton CEO 12.00
Officer Director
$33,550 $0 $100,650
Sean Lynch Chairman 1.00
Officer Director
$0 $0 $0
Becky Rogers Director 1.00
Director
$0 $0 $0
George Moragos Director 1.00
Director
$0 $0 $0
David Mitchell Director 1.00
Director
$0 $0 $0
Shawna Bonini Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $810,008 $780,142 $743,750 $29,866
2022 $906,855 $706,097 $708,482 $200,758
2021 $678,748 $595,046 $644,647 $83,702
2020 $567,380 $699,641 $400,481 $-132,261
2019 $634,611 $478,606 $531,929 $156,005
2018 $835,010 $897,871 $385,671 $-62,861
Explore More Nonprofits
→Top 100 Nonprofits in Montana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Downtown Billings BID Inc with other nonprofits in Montana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.