Montana · Nonprofit
GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA
GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA (Montana) receives grants from 5 organizations whose IRS filings report $55,600 to it, the largest being CAPITAL MATRIX INC ($20,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $1.6M
- Funders on record
- 5
- Grants received
- $56k
- Net assets
- $1.1M
What Gallatin Development Corporation Dba Prospera does
Mission
To advance and inspire diverse economies and resilient communities in southwest montana.
As stated on its FY2024 Form 990.
Programs
Other economic development:we coordinate and apply for various grants on behalf of businesses and local governments to support economic development job creation and planning projects, rural business development grants, and other federal, state and private grants awarded for diverse community and economic development.
$494,290 spentof which $70,056 as grants$145,707 earned by the program47% of program spendingMontana women's business center:the montana women's business center provides business counseling, training,networking, and mentoring services to nascent and established women entrepreneurs, anumber of whom are socially and/or economically disadvanaged. The program ispartially funded through a cooperative agreement with the u.s. Small businessadministration. The services are available to everyone.
$281,694 spent$62,290 earned by the program27% of program spendingMembership and events:membership services include a host of networking, training, and research functions that are designed to advance our mission. We hold more than 20 functions per year, plus create our own publications and materials distribution, attend public speaking events and media.
$163,644 spent$76,700 earned by the program16% of program spendingOther program services 4: other economic development:we coordinate and apply for various grants on behalf of businesses and local governments to support economic development job creation and planning projects, rural business development grants, and other federal, state and private grants awarded for diverse community and economic development.
$113,377 spent11% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $1,053,005.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
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 $4.8M to $9.1M (+89%).
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.
Government-grant reliance: 2017 34% · 2018 27% · 2019 23% · 2020 36% · 2021 39% · 2022 28% · 2023 29% · 2024 29%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
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.
Who funds it, year by year
2020 → 2022: the base held at 2 funders, grant income rose $17k → $20k.
1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $205k from one payer (the payer shares this organization's board, largest Gallatin Valley Foundation for Economic Development Inc Dba Prospera Foundation). These are real filings, and they are not money GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA raised.
From the IRS filings of GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA’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
GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA leans on a few funders — its largest provides 36% of grant income and the top three 81%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
70% 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 GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA.
Largest funder’s share by year: 2020 90% · 2021 100% · 2022 50% — diversifying over time.
“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
GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA draws 64% of its grant income from funders outside Montana, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $9k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Government funding GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.9M on record.
- Small Business Administration$1.8M
- Department of Agriculture$37k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
72% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 1 related entity
- Gallatin Valley Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA: 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.
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 GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA?
- GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA (Montana) receives grants from 5 organizations whose IRS filings report $55,600 to it, the largest being CAPITAL MATRIX INC ($20,000). 1 of them have funded it in more than one year.
- How many funders does GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA have?
- IRS filings report 5 organizations giving $55,600 in grants to GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA, 1 of which have funded it in more than one year.
- Who is the largest funder of GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA?
- CAPITAL MATRIX INC is the largest funder on record, with $20,000 in grants. The full list of funders is on this page.
- How can an organization like GALLATIN DEVELOPMENT CORPORATION DBA PROSPERA 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 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