Downtown Billings Partnership Inc

EIN: 810519223 Community Improvement

Billings, MT

Total Revenue
$425,040
Total Expenses
$356,877
Total Assets
$749,037
Net Assets
$733,377
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MT
Principal Officer
Kathryn Easton Schreine
Phone
4062945060
Tax Period
2024-07-01 to 2025-06-30

Downtown Billings Partnership Inc, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $425K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $68K, a strong 16% operating margin.

Mission

Urban design enhancements and development to revitalize downtown Billings.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $108,408
Program Service Revenue $316,607
Investment Income $25
Other Revenue $0
TOTAL REVENUE $425,040

Expense Breakdown

Grants Paid $0
Salaries & Benefits $211,222
Fundraising Expenses $0
Program Expenses $269,980
Other Expenses $145,655
TOTAL EXPENSES $356,877

Year-over-Year Comparison

2024 2023 Change
Revenue $425,040 $511,193 -0.2%
Expenses $356,877 $482,431 -0.3%
Net Income $68,163 $28,762 +1.4%
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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Governance

Voting Members
17
Independent Members
16
Employees
N/A
Volunteers
17

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
5
$55,335
Total Directors
18
$55,335
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sean Lynch President 0.10
Officer Director
$0 $0 $0
Ethan Kanning Vice President 0.10
Officer Director
$0 $0 $0
Meri McGlone Treasurer 0.10
Officer Director
$0 $0 $0
Mary Walks Over Ice Secretary 0.10
Officer Director
$0 $0 $0
James Patten At Large Member 0.10
Director
$0 $0 $0
David Fishbaugh At Large Member 0.10
Director
$0 $0 $0
Steve Tostenrude At Large Member 0.10
Director
$0 $0 $0
Steve Wahrlich At Large Member 0.10
Director
$0 $0 $0
Chris Montague At Large Member 0.10
Director
$0 $0 $0
Chris Kukulski At Large Member 0.10
Director
$0 $0 $0
Erica Guy At Large Member 0.10
Director
$0 $0 $0
Janna Hafer At Large Member 0.10
Director
$0 $0 $0
Steve Arveschoug At Large Member until Apr 2025 0.10
Director
$0 $0 $0
Matt Blakeslee At Large Member 0.10
Director
$0 $0 $0
Blake Wahrlich At Large Member 0.10
Director
$0 $0 $0
Brandon Scala At Large Member 0.10
Director
$0 $0 $0
Jock West At Large Member 0.10
Director
$0 $0 $0
Kathryn Easton Schreiner Chief Executive Officer 20.00
Officer Director
$50,325 $5,010 $55,335
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 $425,040 $356,877 $749,037 $68,163
2024 $511,193 $482,431 $774,151 $28,762
2023 $415,268 $281,443 $1,097,010 $133,825
2022 $300,272 $252,202 $963,184 $48,070
2021 $355,548 $223,731 $915,114 $131,817
2020 $334,700 $299,804 $929,228 $34,896
2019 $317,258 $233,539 $894,332 $83,719
2018 $310,792 $314,179 $830,818 $-3,387
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