Civic Intelligence

Billings Leadership Foundation

EIN 83-2729073 • 501(c)3 • Billings, MT

Profile

To engage, equip, and empower leaders and their organizations to effectively execute their mission to improve our city for the glory of God.

2902 Minnesota AveBillings, MT 59101

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.13x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.08x

Higher debt load relative to revenue than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

66th percentile

14%

Higher net margin than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

89th percentile

43%

Faster asset growth than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2024

Revenue Growth

60th percentile

13%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2024

Assets

Up

$919,921

Up $245,635 (+36%) from 2023

Liabilities

Up

$124,050

Up $20,286 (+20%) from 2023

Net Assets

Up

$795,871

Up $225,349 (+39%) from 2023

Revenue

Up

$1,596,790

Up $213,453 (+15%) from 2023

Expenses

Up

$1,371,441

Up $72,069 (+5.5%) from 2023

Net Income

Up

$225,349

Up $141,384 (+168%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2020: $20,197Liabilities 2020: $0Net Assets 2020: $20,1972020Assets 2021: $312,454Liabilities 2021: $67,454Net Assets 2021: $245,0002021Assets 2022: $607,044Liabilities 2022: $120,487Net Assets 2022: $486,5572022Assets 2023: $674,286Liabilities 2023: $103,764Net Assets 2023: $570,5222023Assets 2024: $919,921Liabilities 2024: $124,050Net Assets 2024: $795,8712024

Highlighted filing

2024

Assets$919,921
Liabilities$124,050
Net Assets$795,871

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0Revenue 2020: $22,474Expenses 2020: $15,373Net Income 2020: $7,1012020Revenue 2021: $1,099,588Expenses 2021: $874,785Net Income 2021: $224,8032021Revenue 2022: $1,304,639Expenses 2022: $1,063,082Net Income 2022: $241,5572022Revenue 2023: $1,383,337Expenses 2023: $1,299,372Net Income 2023: $83,9652023Revenue 2024: $1,596,790Expenses 2024: $1,371,441Net Income 2024: $225,3492024

Highlighted filing

2024

Revenue$1,596,790
Expenses$1,371,441
Net Income$225,349

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$1,596,790
Mission and Program Overview

Mission

To engage, equip, and empower leaders and their organizations to effectively execute their mission to improve our city for the glory of God.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$378,280$367,320▼ $10,960
Cash and Non-Interest-Bearing Accounts$166,351$298,203▲ $131,852
Accounts Receivable$122,186$191,875▲ $69,689
Savings and Temporary Cash Investments-$51,843-
Prepaid Expenses and Deferred Charges$7,469$10,680▲ $3,211
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$674,286$919,921▲ $245,635
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$103,564$123,850▲ $20,286
Other Liabilities$200$200→ $0
Total Liabilities$103,764$124,050▲ $20,286
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$570,522$795,871▲ $225,349
Total Net Assets Fund Balance$570,522$795,871▲ $225,349
Total Liabilities and Net Assets / Fund Balance$674,286$919,921▲ $245,635

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$287,565$18,300$305,865
Land$44,135-$44,135
Leasehold Improvements$22,682$648$23,330
Other Land Buildings$12,938$4,695$17,633
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matt LundgrenExecutive DirectorFT$262,573$35,000$297,573

Board Members and Trustees

NameTitle
Tim MascarenaPresident
Russ FaggVice President
Eric PetersonDirector
Jackie ClaunchDirector
Jena HuckDirector
John VondraDirector
Lisa JensenDirector
Michael GordonDirector
Patti DuckworthDirector
Rusty DaviesDirector
Shawna BoniniDirector
Stephen Lane GammillDirector
Tom McgillvrayDirector
Kristin RapaczSecretary
Summer GappaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$12,520
Program Service Revenue
$1,582,874
Investment Income
$1,396
Other Revenue
$0
All Other Contributions
$12,520
Change in Net Assets
$225,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,087,610
Other Expenses$283,831
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$570,939$43,869-$614,808
Current Officers, Directors, Trustees, and Key Employees$297,573--$297,573
Other Employee Benefits$100,315$7,121-$107,436
Payroll Taxes$64,404$3,389-$67,793
Information Technology$53,852$2,834-$56,686
Fees for Services Management$43,529$6,668-$50,197
Insurance$20,262$1,066-$21,328
Office Expenses$4,788$12,868-$17,656
Occupancy$15,990$985-$16,975
All Other Expenses$13,600$962-$14,562
Travel$11,400--$11,400
Depreciation Depletion$10,412$548-$10,960
Other Expenses$9,643$508-$10,151
Fees for Services Accounting-$8,344-$8,344
Conferences and Meetings$8,322--$8,322
Advertising$4,013$211-$4,224
Total Functional Expenses$1,281,132$90,309$0$1,371,441
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contribution Payable$200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Management is provided with a draft form 990 and form 8879 and instructed to review the form 990. Once any needed changes are made, management is instructed to sign form 8879 and return to our offices. Upon receipt, the form 990 is electronically filed.

Form 990, Part VI, Section B, Line 12C

An annual review of any possible conflicts is completed and any noted conflicts of interest are reported.

Form 990, Part VI, Section B, Line 15A

Ceo/executive director performance is reviewed by the executive committee. Any consideration of compensation adjustment are based on the evaluation of performance and regional market values for materialy similar positions.

Form 990, Part VI, Section B, Line 15B

Key employee performance is reviewed by the executive committee. Any consideration of compensation adjustment are based on the evaluation of performance and regional market values for materialy similar positions.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Billings Leadership Foudation
EIN
83-2729073
Phone
4062470140
Address
2902 Minnesota Ave, Billings, MT 59101

Signing Officer

Name
Tim Mascarena
Title
President
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Mascarena
Formed
2019
Legal Domicile
Mt
Voting Board Members
16
Independent Board Members
16
Employees
21

Preparer

Firm
Mrachek Popp & Associates Pc
Address
1302 GOLDEN VALLEY CIR, BILLINGS, MT 59102
Preparer
Jeffrey Mrachek
Phone
4062526301
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IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01396
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01396
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt0378280
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0367320
IRS990/LandBldgEquipCostOrOtherBssAmt0390963
IRS990/LegalDomicileStateCd0MT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To engage, equip, and empower leaders and their organizations to effectively execute their mission to improve our city for the glory of God.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0570522
IRS990/NetAssetsOrFundBalancesEOYAmt0795871
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0570522
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0795871
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0985
IRS990/OccupancyGrp/ProgramServicesAmt015990
IRS990/OccupancyGrp/TotalAmt016975
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012868
IRS990/OfficeExpensesGrp/ProgramServicesAmt04788
IRS990/OfficeExpensesGrp/TotalAmt017656
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07121
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0100315
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0107436
IRS990/OtherExpensesGrp/Desc0RECRUITING
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3Printing and Publications
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0936
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1508
IRS990/OtherExpensesGrp/ProgramServicesAmt029131
IRS990/OtherExpensesGrp/ProgramServicesAmt112433
IRS990/OtherExpensesGrp/ProgramServicesAmt210526
IRS990/OtherExpensesGrp/ProgramServicesAmt39643
IRS990/OtherExpensesGrp/TotalAmt029131
IRS990/OtherExpensesGrp/TotalAmt113369
IRS990/OtherExpensesGrp/TotalAmt210526
IRS990/OtherExpensesGrp/TotalAmt310151
IRS990/OtherLiabilitiesGrp/BOYAmt0200
IRS990/OtherLiabilitiesGrp/EOYAmt0200
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043869
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0570939
IRS990/OtherSalariesAndWagesGrp/TotalAmt0614808
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03389
IRS990/PayrollTaxesGrp/ProgramServicesAmt064404
IRS990/PayrollTaxesGrp/TotalAmt067793
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07469
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010680
IRS990/PrincipalOfficerNm0TIM MASCARENA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01582874
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01582874
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01010
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0547
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0208559
IRS990/PYProgramServiceRevenueAmt01381780
IRS990/PYRevenuesLessExpensesAmt083965
IRS990/PYSalariesCompEmpBnftPaidAmt01090813
IRS990/PYTotalExpensesAmt01299372
IRS990/PYTotalRevenueAmt01383337
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0225349
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01582874
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt051843
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SUPPORTED ORGANIZATIONS ARE DEESIGNATED BY PURPOSE AND MISSION. THE TAXPAYER PROVIDES GUIDANCE TO OTHER NONPROFIT ORGANIZATIONS BY ASSISTING THEM WITH EFFECTIVELY EXECUTING THEIR MISSION
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section A, Line 1: Description Of How Supported Organizations Are Desigated
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0810300497
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1816013963
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd17
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00

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