Billings, MT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Montana State University Billings Foundation & Alumni, founded in 1967, is a community nonprofit in the Education sector that reported $4.5M in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Net assets of $50.3M represent 136 months of operating reserves.
Montana State University Billings Foundation is a publicly supported, non-profit corporation founded in 1968 to advance the goals of Montana State University Billings by (1) establishing lifelong relationships(Continued on Schedule O)with university students, parents, faculty, alumni, friends and community partners; (2) creating pathways to success and sustaining them through philanthropy, stewardship and community engagement; (3) seeking and nurturing innovative partnerships to support the realization of current and emerging university priorities; and (4) fostering a culture of inclusivity that celebrates diversity on campus and beyond.
Campus Programs and Scholarships Academic program expenditures are used to support faculty scholarships and the many available academic disciplines offered at MSU Billings as well as student...
Campus Programs and Scholarships Academic program expenditures are used to support faculty scholarships and the many available academic disciplines offered at MSU Billings as well as student scholarships that provide direct financial support for MSU Billings students. The Foundation provided funds to MSU Billings for 1,542 scholarships to students ranging in value from $250 to $8,500.Campus Projects - Activities related to capital expenditures for MSU Billings, including the planning, development, renovation, and ongoing stewardship of the University's physical and digital campus infrastructure. (Continued on Schedule O)These projects support the academic mission, enhance the student experience, promote cultural programming, and advance the long term sustainability of the campus. Current projects include, but are not limited to: - Construction of a new Sculpture and Ceramic Studio Art Building - Athletic Team Room remodels - Library remodel projects - Native American Achievement Center remodel Alumni Relations - Activities related to the MSU Billings Alumni Association are focused on fostering engagement, communication, and lifelong relationships with graduates and former students. These efforts include organizing regional alumni events and reunions to strengthen connections to the University and to one another. Alumni Relations also supports communication and outreach initiatives designed to improve alumni engagement, including social media outreach. Additional activities include student alumni networking events and recognition ceremonies that celebrate alumni achievements and contributions.
Campus and Community Outreach - Activities related to the Foundation's public relations efforts to promote MSU Billings throughout the greater community.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,453,219 | $7,916,912 | -0.4% |
| Expenses | $4,397,143 | $4,128,439 | +0.1% |
| Net Income | $56,076 | $3,788,473 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Thomas Potter | Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mike Monson | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ken Lutton | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brittany Cremer | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tyler Elkin | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| Kay Berry | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| Buddy Windy Boy | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| David Wanzenried | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| Karen Moses | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| Becky Anderson | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| William Henry | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| Donald L Roberts | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| Janiel Begger | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| Krista Montague | President/CEO | 40.00 |
Officer
|
$130,340 | $16,756 | $147,096 |
| Jeff Clarke | CFO | 40.00 |
Officer
|
$87,180 | $23,100 | $110,280 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $4,453,219 | $4,397,143 | $54,369,234 | $56,076 |
| 2024 | $7,916,912 | $4,128,439 | $47,725,720 | $3,788,473 |
| 2023 | $3,098,473 | $3,361,935 | $40,792,683 | $-263,462 |
| 2022 | $3,844,077 | $3,880,181 | $38,846,778 | $-36,104 |
| 2021 | $13,750,019 | $7,761,827 | $43,347,395 | $5,988,192 |
| 2020 | $5,849,718 | $5,090,309 | $38,986,672 | $759,409 |
| 2019 | $5,714,823 | $3,543,191 | $38,294,283 | $2,171,632 |
| 2018 | $5,842,807 | $3,800,934 | $36,001,238 | $2,041,873 |
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