Montana Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,685 | 41,344 | −30,659 | -115.2 | 0% |
| 2012 | 6,741 | 41,344 | −34,603 | -151.5 | 0% |
| 2013 | 22,184 | 41,344 | −19,160 | -123.6 | 0% |
| 2014 | 26,322 | 52,660 | −26,338 | -101.9 | 0% |
| 2015 | 13,950 | 51,379 | −37,429 | -112.8 | 0% |
| 2016 | 9,256 | 50,940 | −41,684 | -119.2 | 0% |
| 2017 | 16,451 | 61,256 | −44,805 | -107.9 | 0% |
| 2018 | 10,856 | 49,953 | −39,097 | -141.3 | 0% |
| 2019 | 23,556 | 64,775 | −41,219 | -114.6 | 0% |
| 2020 | 62,610 | 73,326 | −10,716 | -102.4 | 0% |
| 2021 | 51,752 | 69,899 | −18,147 | -124.3 | 0% |
| 2022 | 47,769 | 40,223 | 7,546 | -222.6 | 0% |
| 2023 | 36,804 | 48,821 | −12,017 | -193.4 | 0% |
In its most recent public year (2023), this organization spent $12,017 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-193.4 months), down from -115.2 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Montana Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works