HEART OF THE ROCKIES INITIATIVE

EIN: 463635624 501(c)(3) Environment

MISSOULA, MT

Total Revenue
$1,789,638
Total Expenses
$1,387,194
Total Assets
$888,736
Net Assets
$812,927
🔒

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
2013
Legal Domicile
MT
Principal Officer
JOANN GRANT
Phone
4066402816
Tax Period
2024-01-01 to 2024-12-31

HEART OF THE ROCKIES INITIATIVE, founded in 2013, is a community nonprofit in the Environment sector that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $402K, a strong 22% operating margin.

Mission

PROMOTE LAND CONSERVATION THROUGH EDUCATION OF THE PUBLIC & INDEPENDENT CHARITABLE LAND TRUSTS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,748,823
Program Service Revenue $2,100
Investment Income $31,758
Other Revenue $6,957
TOTAL REVENUE $1,789,638

Expense Breakdown

Grants Paid $172,110
Salaries & Benefits $892,443
Fundraising Expenses $90,861
Program Expenses $1,106,348
Other Expenses $322,641
TOTAL EXPENSES $1,387,194

Year-over-Year Comparison

2024 2023 Change
Revenue $1,789,638 $1,546,716 +0.2%
Expenses $1,387,194 $1,534,189 -0.1%
Net Income $402,444 $12,527 +31.1%
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
10
Independent Members
10
Employees
13
Volunteers
10

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
6
$307,418
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOANN GRANT MANAGING DIR. 40.00
Officer
$124,524 $13,866 $138,390
KALI HANNON MANAGING DIR. 40.00
Officer
$120,396 $12,770 $133,166
GAVIN RICKLEFS MANAGING DIR. 40.00
Officer
$35,862 $0 $35,862
MAX LUDINGTON Treasurer 2.00
Officer Director
$0 $0 $0
JESSICA CROWDER MEMBER 2.00
Director
$0 $0 $0
BRIAN BEAN MEMBER 2.00
Director
$0 $0 $0
ELIZABETH BELL MEMBER 2.00
Director
$0 $0 $0
JIM OWENS MEMBER 2.00
Director
$0 $0 $0
GARY WOLFE MEMBER 2.00
Director
$0 $0 $0
KRISTIN TROY President 2.00
Officer Director
$0 $0 $0
KAREN RICE Secretary 2.00
Officer Director
$0 $0 $0
KATIE COX MEMBER 2.00
Director
$0 $0 $0
DENNY IVERSON MEMBER 2.00
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
2024 $1,789,638 $1,387,194 $888,736 $402,444
2023 $1,546,716 $1,534,189 $479,426 $12,527
2022 $1,286,544 $1,311,698 $445,994 $-25,154
2021 $1,215,140 $975,791 $464,680 $239,349
2020 $648,698 $724,355 $227,204 $-75,657
2019 $498,637 $740,050 $276,445 $-241,413
2018 $543,278 $482,896 $513,204 $60,382
Explore More Nonprofits
→Top 100 Nonprofits in Montana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HEART OF THE ROCKIES INITIATIVE 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.