Nonprofit screen
Screen a listMontana Higher Education Student Assistance Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$20Mrevenue
FY2025 · +30% in 3 yrs8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−12.5%
Months of reserve8.9mo
Revenue growth (annualized)−5.0%
Middle half of peersMedianMontana Higher Education Student Assistance
Where the money goes FY2025 · $22M spent
Programs$22M98%Management and general$384k2%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$2.0M in FY2023, −$3.0M in FY2024 and −$2.4M in FY2025. Cash covers 8.9 months, above the peer median of 3.3.
990 Part I and balance sheetIn its favor2
Strong governance
8 of 8 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 9 of its 9 returns, 2% of revenue in FY2025.
990 Part VIII4funders
$185ka year, last 3 years
49%from its largest funder
Funder’20’21’22’23New America FoundationOn and off$245k$125k$150kThe Arthur M Blank Family FoundationStopped after FY2022$50k$150k–EdChoice IncOn and off$56kThe Aspen Institute IncNew in FY2023$25k
FundedStopped