Dennis R Washington Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Dennis R Washington Foundation Inc is a 501(c)(3) organization based in Missoula, Montana, registered in 1989, with $23,741,757 in FY2024 revenue. CharityIndex grades it D.
Po Box 16630, Missoula, MT, 59808 EIN 36-3606913 Since 1989
Revenue (FY2024)
$23.7M
▲ 203.7% vs prior year
Expenses (FY2024)
$50.6M
Net assets
$1.0B
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Dennis R Washington Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating242 mo reserves · -113% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Dennis R Washington Foundation Inc: 242 mo reserves · -113% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Dennis R Washington Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Dennis R Washington Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $84.1M (FY2013) to $23.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $43.0MNet assets $1.0B
Operating margin
-113.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1B
Total liabilities
$43.0M
Net assets
$1.0B
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $23,741,757▲204% | $50,639,590▼5.0% | $1,022,827,085▲1.8% | $1,065,856,949▲1.3% | 990PF |
| 2023 | -$22,884,591▼253% | $53,279,581▼13.6% | $1,004,598,685▲7.7% | $1,052,645,253▲7.4% | 990PF |
| 2022 | $14,908,793▼68.1% | $61,633,129▲17.4% | $933,115,816▼9.1% | $979,809,616▼8.2% | 990PF |
| 2021 | $46,790,438▼65.4% | $52,487,297▼0.7% | $1,026,108,769▲3.3% | $1,067,781,913▲4.2% | 990PF |
| 2020 | $135,352,040▲80.9% | $52,856,987▲4.0% | $993,268,423▲2.9% | $1,024,973,213▲2.5% | 990PF |
| 2019 | $74,818,907▼13.2% | $50,807,412▲60.2% | $965,053,533▲14.3% | $1,000,309,858▲15.5% | 990PF |
| 2018 | $86,194,616▼19.2% | $31,714,737▲17.5% | $844,483,515▲1.7% | $866,013,500▲1.3% | 990PF |
| 2017 | $106,688,741▲55.8% | $26,994,238▼53.9% | $830,130,438▲17.2% | $854,689,496▲15.3% | 990PF |
| 2016 | $68,496,084▼15.6% | $58,521,310▲110% | $708,455,660▲9.1% | $741,426,610▲12.9% | 990PF |
| 2015 | $81,164,082▼15.5% | $27,829,888▼6.5% | $649,481,804▲0.8% | $656,585,070▼0.5% | 990PF |
| 2014 | $96,041,105▲14.2% | $29,763,367▲116% | $644,597,698▲10.9% | $660,074,008▲12.2% | 990PF |
| 2013 | $84,103,813 | $13,791,277▲116% | $581,440,533▲17.1% | $588,352,220▲17.7% | 990PF |
| 2012 | — | $6,374,243▼57.9% | $496,691,469▲14.2% | $499,978,077▲14.5% | 990PF |
| 2011 | — | $15,155,194▲123% | $434,884,011▲19.2% | $436,814,858▲17.0% | 990PF |
| 2010 | — | $6,807,330 | $364,685,900 | $373,246,977 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Mike Halligan — $214,025 (0.42% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mike Halligan | Outgoing Exec. Director | 40 | $214,025 |
| Jerry K Lemon | Chief Investment Officer | 4 | — |
| Joe Racicot | Secretary/treasurer | 1 | — |
| Jon Bennion | Incoming Exec. Director | 2 | — |
| Kevin Washington | Director | 1 | — |
| Kyle Washington | Director | 1 | — |
| Matthew K Rose | President/director | 2 | — |
| Phyllis J Washington | Director | 5 | — |
Frequently asked questions
- Is Dennis R Washington Foundation Inc a legitimate nonprofit?
- Yes. Dennis R Washington Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-3606913, based in Missoula, Montana. Donations are tax-deductible.
- What is Dennis R Washington Foundation Inc's EIN?
- Dennis R Washington Foundation Inc's Employer Identification Number (EIN) is 36-3606913.
- How much revenue does Dennis R Washington Foundation Inc report?
- Dennis R Washington Foundation Inc reported $23,741,757 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Dennis R Washington Foundation Inc have?
- CharityIndex grades Dennis R Washington Foundation Inc D, based on financial health (reserves and operating margin).
- How much does Dennis R Washington Foundation Inc's highest-paid employee make?
- The highest reported compensation on Dennis R Washington Foundation Inc's latest Form 990 is $214,025, paid to Mike Halligan (Outgoing Exec. Director).
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Data for Dennis R Washington Foundation Inc (EIN 36-3606913) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.