MONTANA STATE UNIVERSITY-NORTHERN FOUNDATION (EIN 810375335) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Principal Officer

MELANIE SKOYEN

Phone

4062653711

Tax Period

2024-07-01 to 2025-06-30

MONTANA STATE UNIVERSITY-NORTHERN FOUNDATION, founded in 1977, is a community nonprofit that reported $5.5M in total revenue in fiscal year 2024. The organization ran a surplus of $3.8M, a strong 69% operating margin.

Mission

MSU NORTHERN FOUNDATION PROVIDES SUPPORT FOR MONTANA STATE UNIVERSITY NORTHERN THROUGH FUND RAISING.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,486,997

Program Service Revenue $0

Investment Income $1,920,702

Other Revenue $96,448

TOTAL REVENUE $5,504,147

Expense Breakdown

Grants Paid $684,474

Salaries & Benefits $261,749

Fundraising Expenses $41,785

Program Expenses $1,281,824

Other Expenses $755,846

TOTAL EXPENSES $1,702,069

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,504,147	$5,551,562	0.0%
Expenses	$1,702,069	$1,801,404	-0.1%
Net Income	$3,802,078	$3,750,158	+0.0%

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

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

$56,381

Total Directors

$56,381

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELANIE SKOYEN	MANAGING DIR	40.00	Officer Director	$46,630	$9,751	$56,381
JIM ANDERSON	PAST CHAIR	3.00	Director	$0	$0	$0
SHARI BALTRUSCH	TRUSTEE	3.00	Director	$0	$0	$0
ADAM BILLMAYER	VICE CHAIR	3.00	Officer Director	$0	$0	$0
RICK BROWN	TRUSTEE	3.00	Director	$0	$0	$0
MICHELLE BURCHARD	TRUSTEE	3.00	Director	$0	$0	$0
LACI KELLER CHRISTENSON	TRUSTEE	3.00	Director	$0	$0	$0
KAARE ENGEBRETSON	TRUSTEE	3.00	Director	$0	$0	$0
CALVIN JILOT	TRUSTEE	3.00	Director	$0	$0	$0
JODI KORB	TRUSTEE	3.00	Director	$0	$0	$0
DENISE LADENBURG	TRUSTEE	3.00	Director	$0	$0	$0
MARILYN MCLAIN	TRUSTEE	3.00	Director	$0	$0	$0
ARLEEN RICE	CHAIR	3.00	Officer Director	$0	$0	$0
RICHARD SNELLMAN	TRUSTEE	3.00	Director	$0	$0	$0
PETE STIFFARM	TRUSTEE	3.00	Director	$0	$0	$0
MATT WERTHEIMER	TRUSTEE	3.00	Director	$0	$0	$0
PAM WILSON	TRUSTEE	3.00	Director	$0	$0	$0
TIM WYNNE	TRUSTEE	3.00	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	$5,504,147	$1,702,069	$23,381,837	$3,802,078
2024	$5,551,562	$1,801,404	$19,822,923	$3,750,158
2023	$3,113,318	$1,679,262	$16,460,194	$1,434,056
2022	$3,042,811	$1,501,237	$15,592,257	$1,541,574
2021	$5,102,257	$4,643,286	$14,623,567	$458,971
2020	$3,206,108	$1,536,533	$13,449,853	$1,669,575
2019	$3,037,951	$1,684,846	$11,192,526	$1,353,105

MONTANA STATE UNIVERSITY-NORTHERN FOUNDATION