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Montana · Nonprofit

BILLINGS LEADERSHIP FOUNDATION

BILLINGS LEADERSHIP FOUNDATION (Montana) receives grants from 2 organizations whose IRS filings report $284,655 to it, the largest being LEADERSHIP FOUNDATIONS ($282,555). 2 of them have funded it in more than one year.

Revenue FY2025
$1.3M
Funders on record
2
Grants received
$285k
Net assets
$797k
2/2 repeat fundersgrants exceed reported revenue in one year
01What it does

What Billings Leadership Foundation does

Mission

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

As stated on its FY2025 Form 990.

Program

  1. To provide leadership for organizations.

    $1,227,730 spent$1,296,945 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,227,730.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($22k) Expenses 100 ($15k) Net assets 100 ($20k)2021 Revenue 4893 ($1.1M) Expenses 5690 ($875k) Net assets 1213 ($245k)2022 Revenue 5805 ($1.3M) Expenses 6915 ($1.1M) Net assets 2409 ($487k)2023 Revenue 6155 ($1.4M) Expenses 8452 ($1.3M) Net assets 2825 ($571k)2024 Revenue 7105 ($1.6M) Expenses 8921 ($1.4M) Net assets 3941 ($796k)2025 Revenue 5810 ($1.3M) Expenses 8485 ($1.3M) Net assets 3947 ($797k)
202020212022202320242025
Revenue (5810)Expenses (8485)Net assets (3947)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $312k to $607k (+94%).

$20k
$312k
$607k
$674k
$920k
$908k
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of BILLINGS LEADERSHIP FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (82% for the typical peer).

This organization
Typical peer · 3,052 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$7k
’20
$225k
’21
$242k
’22
$84k
’23
$225k
’24
$1k
’25
4.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Matt Lundgren

Executive director

As listed on its FY2025 Form 990.

20212022202320242025
Listed128121612
Joined·+0+4+6+0
No longer listed·4024
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $49k → $47k.

Funder
'20
'21
'22
'23
'24*
'25*
total
$283k
funders
2
1
2
1
1
1

From the IRS filings of BILLINGS LEADERSHIP FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BILLINGS LEADERSHIP FOUNDATION leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BILLINGS LEADERSHIP FOUNDATION.

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 97% · 2021 100% · 2022 98% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

BILLINGS LEADERSHIP FOUNDATION draws 99% of its grant income from funders outside Montana, across 2 states in all.

WA
MT

In-state vs out-of-state, by year

’20
’21
’22
’23
Montana out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BILLINGS LEADERSHIP FOUNDATION has grown faster than three-quarters of the 1,504 philanthropy nonprofits its size.

Operating margin0% · below the median
Months of reserve4.4mo · below the median
Revenue growth (annualized)125% · top quartile

this organization peer median middle 50% of peers· 1,504 philanthropy nonprofits $1M–$10M, FY2025

Organizations like BILLINGS LEADERSHIP FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Montana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Part of a family of 2 related entities

  • Montana Rescue Mission · exempt
  • Friendship House of Christian Service · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BILLINGS LEADERSHIP FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BILLINGS LEADERSHIP FOUNDATION?
BILLINGS LEADERSHIP FOUNDATION (Montana) receives grants from 2 organizations whose IRS filings report $284,655 to it, the largest being LEADERSHIP FOUNDATIONS ($282,555). 2 of them have funded it in more than one year.
How many funders does BILLINGS LEADERSHIP FOUNDATION have?
IRS filings report 2 organizations giving $284,655 in grants to BILLINGS LEADERSHIP FOUNDATION, 2 of which have funded it in more than one year.
Who is the largest funder of BILLINGS LEADERSHIP FOUNDATION?
LEADERSHIP FOUNDATIONS is the largest funder on record, with $282,555 in grants. The full list of funders is on this page.
How can an organization like BILLINGS LEADERSHIP FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Montana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Billings Leadership →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing