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Montana · Nonprofit

GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA FOUNDATION

GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA FOUNDATION (Montana) receives grants from 8 organizations whose IRS filings report $139,521 to it, the largest being The High Stakes Foundation ($45,000). 4 of them have funded it in more than one year.

Revenue FY2024
$182k
Funders on record
8
Grants received
$140k
Net assets
$422k
4/8 repeat funderspeak grant-dependency 15%
01What it does

What Gallatin Valley Foundation for Economic Development Inc Dba Prospera Foundation does

Mission

The foundation works to strengthen the economy of gallatin county, montana through local business development activities in an effort to attract, retain and grow jobs and businesses throughout gallatin county.

As stated on its FY2024 Form 990.

Programs

  1. The foundation provided grants to prospera business network to support its economic development activities.

    $144,000 spentof which $144,000 as grants
    89% of program spending
  2. The Foundation works to strengthen the economies of Gallatin and Park Counties and other areas of the state of Montana through business and community development.

    $17,947 spentof which $17,947 as grants
    11% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $161,947.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($82k) Expenses 100 ($55k) Net assets 100 ($64k)2019 Revenue 156 ($128k) Expenses 76 ($42k) Net assets 236 ($151k)2020 Revenue 177 ($146k) Expenses 71 ($39k) Net assets 402 ($257k)2021 Revenue 461 ($380k) Expenses 436 ($240k) Net assets 622 ($397k)2022 Revenue 217 ($179k) Expenses 108 ($60k) Net assets 619 ($396k)2023 Revenue 116 ($96k) Expenses 158 ($87k) Net assets 661 ($422k)2024 Revenue 221 ($182k) Expenses 332 ($183k) Net assets 660 ($422k)
2018201920202021202220232024
Revenue (221)Expenses (332)Net assets (660)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 2020 to 2021, from $266k to $613k (+130%).

$65k
$155k
$266k
$613k
$416k
$423k
$422k
2018201920202021202220232024
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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

84% of GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.

$27k
’18
$87k
’19
$106k
’20
$140k
’21
$119k
’22
$9k
’23
−$434
’24
27
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.

20212024
Listed1617
Joined··
No longer listed··
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 3 funders to 1 funder, grant income fell $34k → $11.

4 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 27% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA 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

GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA FOUNDATION leans on a few funders — its largest provides 32% of grant income and the top three 80%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

27% 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 VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA FOUNDATION.

32%
largest funder
80%
top three
~4
effective funders

Largest funder’s share by year: 2017 78% · 2018 100% · 2019 100% · 2020 100% · 2021 55% · 2022 91% · 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.

How long its funders stay

40% of GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA FOUNDATION's funders are still giving 2 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

59% of GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA FOUNDATION's grant income comes from Montana funders.

MT
MN
MO

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

’17
’18
’19
’20
’21
’22
Montana out of state home

Funder states come from each funder’s own filing. $38k arriving through sponsors registered in 3 states 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.

04Its place in the field

Against its field

GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA FOUNDATION holds deeper cash reserves than three-quarters of the 11,971 community improvement nonprofits its size.

Operating margin−0% · below the median
Months of reserve27.2mo · top quartile
Revenue growth (annualized)14% · above the median

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA 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

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

24%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Gallatin Development Corporation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA 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 GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA FOUNDATION?
GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA FOUNDATION (Montana) receives grants from 8 organizations whose IRS filings report $139,521 to it, the largest being The High Stakes Foundation ($45,000). 4 of them have funded it in more than one year.
How many funders does GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA FOUNDATION have?
IRS filings report 8 organizations giving $139,521 in grants to GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA FOUNDATION, 4 of which have funded it in more than one year.
Who is the largest funder of GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA FOUNDATION?
The High Stakes Foundation is the largest funder on record, with $45,000 in grants. The full list of funders is on this page.
How can an organization like GALLATIN VALLEY FOUNDATION FOR ECONOMIC DEVELOPMENT INC DBA PROSPERA 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 8 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