SOUTHEASTERN MONTANA DEVELOPMENT CORPORATION (EIN 810485103) - 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

1993

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

SOUTHEASTERN MONTANA DEVELOPMENT CORPORATION, founded in 1993, is a community nonprofit in the Community Improvement sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 177% from the prior year, signaling strong growth momentum. The organization ran a surplus of $818K, a strong 40% operating margin.

Mission

TO ENCOURAGE, STIMULATE AND PROMOTE ECONOMIC DEVELOPMENT, EXPANSION AND DIVERSIFICATION IN SOUTHEASTERN MONTANA

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,981,317

Program Service Revenue $52,373

Investment Income $4,062

Other Revenue $23,867

TOTAL REVENUE $2,061,619

Expense Breakdown

Grants Paid $20,500

Salaries & Benefits $306,644

Fundraising Expenses $0

Program Expenses $1,142,426

Other Expenses $916,701

TOTAL EXPENSES $1,243,845

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,061,619	$744,820	+1.8%
Expenses	$1,243,845	$530,263	+1.3%
Net Income	$817,774	$214,557	+2.8%

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

N/A

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

$80,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES ATCHISON	EXECUTIVE DIRECTOR	40.00	Officer	$80,000	$0	$80,000
KEN ROLANDSON	DIRECTOR	1.00	Director	$0	$0	$0
ALAN SEE	DIRECTOR	1.00	Director	$0	$0	$0
RITA KRATKY	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT HEIN	DIRECTOR	1.00	Director	$0	$0	$0
JACK REGAN	DIRECTOR	1.00	Director	$0	$0	$0
DWAYNE ANDREWS	DIRECTOR	1.00	Director	$0	$0	$0
KEN WOOLEY	DIRECTOR	1.00	Director	$0	$0	$0
LORI FORTNER	DIRECTOR	1.00	Director	$0	$0	$0
AMY PONTIUS	SECRETARY TREASURER	4.00	Director	$0	$0	$0
RAYMOND RAGSDALE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN WILLIAMS	PRESIDENT	4.00	Director	$0	$0	$0
JASON STROUF	VICE PRESIDENT	4.00	Director	$0	$0	$0
RUTH BAKER	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SMALL	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS KOPITZKE	DIRECTOR	1.00	Director	$0	$0	$0
MARLO MOEHR	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
2024	No data	No data	No data	No data
2023	$2,061,619	$1,243,845	$2,809,153	$817,774
2022	$744,820	$530,263	$1,996,928	$214,557
2021	$1,296,654	$720,904	$2,050,730	$575,750
2020	$572,575	$486,191	$1,620,598	$86,384
2019	$291,932	$258,505	$1,425,795	$33,427
2018	$221,688	$287,772	$1,383,493	$-66,084

SOUTHEASTERN MONTANA DEVELOPMENT CORPORATION