MONTANA COMMUNITY DEVELOPMENT CORP (EIN 810500256) - 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

1995

Legal Domicile

Principal Officer

NANCY QUIST

Phone

4067289234

Tax Period

2023-01-01 to 2023-12-31

MONTANA COMMUNITY DEVELOPMENT CORP, founded in 1995, is a mid-sized nonprofit in the Community Improvement sector that reported $18.9M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $5.5M, a strong 29% operating margin.

Mission

MONTANA COMMUNITY DEVELOPMENT CORPORATION (DBA "MOFI") PROVIDES FINANCING AND CONSULTING SERVICES THAT TRANSFORM LIVES AND COMMUNITIES.

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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 $8,762,349

Program Service Revenue $9,082,063

Investment Income $1,031,270

Other Revenue $0

TOTAL REVENUE $18,875,682

Expense Breakdown

Grants Paid $112,085

Salaries & Benefits $7,004,514

Fundraising Expenses $0

Program Expenses $11,813,087

Other Expenses $6,303,805

TOTAL EXPENSES $13,420,404

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,875,682	$20,160,998	-0.1%
Expenses	$13,420,404	$9,817,635	+0.4%
Net Income	$5,455,278	$10,343,363	-0.5%

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

$1,315,119

Total Directors

$657,381

Key Employees

$459,947

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLISON JOHNSTON	TREASURER	1.00	Officer Director	$0	$0	$0
BOB GAUTHIER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID GLASER	PRESIDENT	40.00	Officer Director	$621,504	$35,877	$657,381
DON KING	DIRECTOR	1.00	Director	$0	$0	$0
KALLI RYTI	DIRECTOR	1.00	Director	$0	$0	$0
LISA COOPER	DIRECTOR	1.00	Director	$0	$0	$0
NANCY QUIST	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
NATALIE CAMACHO MENDOZA	DIRECTOR	1.00	Director	$0	$0	$0
SARA SMITH	DIRECTOR	1.00	Director	$0	$0	$0
SERENA RUNDBERG	DIRECTOR	1.00	Director	$0	$0	$0
TOM SERVERSON	SECRETARY	1.00	Officer Director	$0	$0	$0
HEIDI DEARMENT	VICE PRESIDENT	40.00	Officer	$611,874	$45,864	$657,738
GREG ASTLE	CFO	40.00	Key Emp	$432,332	$27,615	$459,947
BEN WRIGHT	CHIEF OPERATING OFFICER	40.00	Highest	$351,891	$37,560	$389,451
BETSY BEAUVAIS	CHIEF LEARNING AND DEVELOPMENT OFFICER	40.00	Highest	$361,549	$42,624	$404,173
LEAH KNICKERBOCKER	CHIEF LENDING OFFICER	40.00	Highest	$159,217	$23,013	$182,230
RACHEL MCDONOUGH	CONTROLLER	40.00	Highest	$307,626	$37,919	$345,545
JODI HUBBLE	DIRECTOR OF DEVELOPMENT THRU 08/23	40.00	Highest	$134,174	$7,473	$141,647

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$18,875,682	$13,420,404	$108,692,503	$5,455,278
2022	$20,160,998	$9,817,635	$89,408,341	$10,343,363
2021	$17,427,104	$10,439,004	$128,107,962	$6,988,100
2020	$15,132,127	$10,202,019	$91,314,277	$4,930,108
2019	$9,377,906	$7,346,772	$53,007,879	$2,031,134
2018	$9,655,449	$6,783,645	$47,372,721	$2,871,804

MONTANA COMMUNITY DEVELOPMENT CORP