Northern Rocky Mountain Economic Development District (EIN 260281964) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

Russ Nelson

Phone

4065181599

Tax Period

2024-01-01 to 2024-12-31

Northern Rocky Mountain Economic Development District, founded in 2006, is a small nonprofit in the Religion sector that reported $849K in total revenue in fiscal year 2024. Revenue surged 158% from the prior year, signaling strong growth momentum. The organization ran a surplus of $527K, a strong 62% operating margin.

Mission

Economic Development in Gallatin, Park and Madison Counties.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $727,706

Program Service Revenue $113,895

Investment Income $7,307

Other Revenue $240

TOTAL REVENUE $849,148

Expense Breakdown

Grants Paid $0

Salaries & Benefits $210,918

Fundraising Expenses $0

Program Expenses $244,924

Other Expenses $110,733

TOTAL EXPENSES $321,651

Year-over-Year Comparison

	2024	2023	Change
Revenue	$849,148	$329,506	+1.6%
Expenses	$321,651	$331,016	0.0%
Net Income	$527,497	$-1,510	-350.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$97,777

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Wylie Phillips	Executive Dir.	40.00	Officer	$76,297	$5,122	$81,419
Jacqueline E Haines	Past Exec Dir.	40.00	Officer	$15,833	$525	$16,358
Ted Barkley	Member	2.00	Director	$0	$0	$0
Daniel Bierschwale	Member	1.00	Director	$0	$0	$0
Jennifer Boyer	Member	2.00	Director	$0	$0	$0
Manny Goetz	Member	1.00	Director	$0	$0	$0
Stephanie Gray	Member	1.00	Director	$0	$0	$0
Traig Howells	Member	1.00	Director	$0	$0	$0
Meagan Lannan	Member	0.00	Director	$0	$0	$0
Brad Niva	Member	1.00	Director	$0	$0	$0
Scott Sehnert	Vice President	3.00	Officer Director	$0	$0	$0
Mark Sharpe	Member	1.00	Director	$0	$0	$0
Brian Sprenger	Member	1.00	Director	$0	$0	$0
Alistair Stewart	Member	2.00	Director	$0	$0	$0
Russ Nelson	President	3.00	Officer Director	$0	$0	$0
Brit Fontenot	Treasurer	3.00	Officer 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
2024	$849,148	$321,651	$1,119,816	$527,497
2023	$329,506	$331,016	$616,254	$-1,510
2022	$312,763	$384,294	$619,262	$-71,531
2021	$925,961	$410,127	$702,975	$515,834

Northern Rocky Mountain Economic Development District