Ronald Mcdonald House Charities Of Eastern Montana is located in Billings, MT. The organization was established in 1982. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Ronald Mcdonald House Charities Of Eastern Montana employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Charities Of Eastern Montana is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ronald Mcdonald House Charities Of Eastern Montana generated $571.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $646.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LODGING FOR ILL CHILDREN AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LODGING AND SUPPORT FOR CHILDREN NEEDING MEDICAL TREATMENT AND SUPPORT FOR LOCAL CHILDREN CHARITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicki Coffee Director | Trustee | 1 | $0 |
Nick Hart Director | Trustee | 1 | $0 |
Quinn Donovan Director | Trustee | 1 | $0 |
Brad Anderson Past President | Trustee | 1 | $0 |
Dr Patricia Notario Director | Trustee | 1 | $0 |
James Gainan Director | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $257,615 |
| Noncash contributions included in lines 1a–1f | $17,930 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $257,615 |
| Total Program Service Revenue | $67,278 |
| Investment income | $81,640 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $48,513 |
| Net Income from Fundraising Events | $116,824 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $571,870 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,591 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $249,432 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,000 |
| Payroll taxes | $20,953 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,255 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,953 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $82,619 |
| Travel | $2,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,211 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $181,275 |
| Insurance | $0 |
| All other expenses | $6,240 |
| Total functional expenses | $646,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $426,609 |
| Savings and temporary cash investments | $794,489 |
| Pledges and grants receivable | $6,654 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,500 |
| Net Land, buildings, and equipment | $2,759,162 |
| Investments—publicly traded securities | $3,085,897 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $78,524 |
| Total assets | $7,157,835 |
| Accounts payable and accrued expenses | $46,198 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $21,111 |
| Total liabilities | $67,309 |
| Net assets without donor restrictions | $5,183,722 |
| Net assets with donor restrictions | $1,906,804 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,157,835 |