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Nonprofit · EIN 38-3819006

BILLINGS CATHOLIC SCHOOLS FOUNDATION

Tax-exempt · BILLINGS, MT 59107

Financials

$2.8M$3.8M2022$3.5M$3.2M2023$4.1M$3.1M2024
Revenue Expenses · by fiscal year end
Financials of BILLINGS CATHOLIC SCHOOLS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,085,576$3,123,388$962,188$37,315,429$1,271,129$36,044,300
June 30, 2024990$3,456,090$3,167,217$288,873$35,606,290$1,404,522$34,201,768
June 30, 2023990$2,814,498$3,762,544-$948,046$32,904,984$207,541$32,697,443
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,815,162
Program service revenue
$0
Investment income
$1,603,670
Net gain from sales of assets
$1,012,647
Net income from fundraising events
$584,931
Net income from gaming
$50,390
Other revenue
$666,744

Expenses

Grants and similar amounts paid
$2,046,728
Compensation of officers, directors and key employees
$102,209
Other salaries and wages
$107,384
Salaries, compensation and benefits (total)
$282,607
Professional fundraising fees
$0
Travel
$327
Depreciation
$537,029
Program services (functional)
$2,583,757
Management and general (functional)
$471,353
Fundraising (functional)
$68,278

Balance sheet and other

Total assets, start of year
$35,606,290
Total assets, end of year
$37,315,429
Total liabilities, end of year
$1,271,129
Net assets, end of year
$36,044,300
Land, buildings and equipment
$13,376,635
Publicly traded securities
$20,587,849
Net assets without donor restrictions
$13,968,587
Net assets with donor restrictions
$22,075,713
Gross receipts
$8,974,707
Employees
0
Volunteers
0
Year formed
2007
State of legal domicile
MT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ADAM LIBERTYEXEC DIRECTOR/PRESIDENT
Officer
40$86,139$34,211
COLTON WELHAVENBOARD CHAIRMAN
Trustee or director, Officer
1$0$0
AMY REGERVICE-CHAIRMAN
Trustee or director, Officer
1$0$0
BRYCE BURKESECRETARY/TREASURER
Trustee or director, Officer
1$0$0
CONNOR CUNNINGHAMDIRECTOR
Trustee or director
1$0$0
QUINN DONOVANDIRECTOR
Trustee or director
1$0$0
CHRISTINE HARRISDIRECTOR
Trustee or director
1$0$0
JARED HARRISDIRECTOR
Trustee or director
1$0$0
RACHEL TURLEYDIRECTOR
Trustee or director
1$0$0
EDWARD AVILADIRECTOR
Trustee or director
1$0$0
RICK MCCANNDIRECTOR
Trustee or director
1$0$0
PATRICK BEDDOWDIRECTOR
Trustee or director
1$0$0
BRITTANIE PAQUETTEDIRECTOR
Trustee or director
1$0$0
AUSTIN TRUNKLEDIRECTOR
Trustee or director
1$0$0
CAITLIN CORSONDIRECTOR
Trustee or director
1$0$0
6 more people on this return
NameTitleHours / weekCompensation
REBEKAH WILLIAMSDIRECTOR
Trustee or director
1$0
ALEKSEI GROSULAKDIRECTOR
Trustee or director
1$0
SHANNA TOURTLOTTEDIRECTOR
Trustee or director
1$0
CHRIS NEWBURYDIRECTOR
Trustee or director
1$0
RALPH STUDER IIIDIRECTOR
Trustee or director
1$0
ANDREW MCDONALDEX-OFFICIO MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensationOther / benefits
ADAM LIBERTYEXEC DIRECTOR/PRESIDENT
Officer
40$85,753$29,164
COLTON WELHAVENBOARD CHAIRMAN
Trustee or director, Officer
1$0$0
AMY REGERVICE-CHAIRMAN
Trustee or director, Officer
1$0$0
BRYCE BURKESECRETARY/TREASURER
Trustee or director, Officer
1$0$0
CONNOR CUNNINGHAMDIRECTOR
Trustee or director
1$0$0
QUINN DONOVANDIRECTOR
Trustee or director
1$0$0
CHRISTINE HARRISDIRECTOR
Trustee or director
1$0$0
JARED HARRISDIRECTOR
Trustee or director
1$0$0
RACHEL TURLEYDIRECTOR
Trustee or director
1$0$0
EDWARD AVILADIRECTOR
Trustee or director
1$0$0
RICK MCCANNDIRECTOR
Trustee or director
1$0$0
PATRICK BEDDOWDIRECTOR
Trustee or director
1$0$0
BRITTANIE PAQUETTEDIRECTOR
Trustee or director
1$0$0
AUSTIN TRUNKLEDIRECTOR
Trustee or director
1$0$0
CAITLIN CORSONDIRECTOR
Trustee or director
1$0$0
REBEKAH WILLIAMSDIRECTOR
Trustee or director
1$0$0
ALEKSEI GROSULAKDIRECTOR
Trustee or director
1$0$0
SHANNA TOURTLOTTEDIRECTOR
Trustee or director
1$0$0
ANDREW MCDONALDEX-OFFICIO MEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
ADAM LIBERTYEXEC DIRECTOR/PRESIDENT
Officer
40$82,403$16,428
COTE MANGELBOARD CHAIRMAN
Trustee or director, Officer
1$0$0
TRICIA HANSENVICE-CHAIRMAN
Trustee or director, Officer
1$0$0
BRYCE BURKESECRETARY/TREASURER
Trustee or director, Officer
1$0$0
CONNOR CUNNINGHAMDIRECTOR
Trustee or director
1$0$0
QUINN DONOVANDIRECTOR
Trustee or director
1$0$0
CHRISTINE HARRISDIRECTOR
Trustee or director
1$0$0
JARED HARRISDIRECTOR
Trustee or director
1$0$0
RACHEL TURLEYDIRECTOR
Trustee or director
1$0$0
RYAN TONERDIRECTOR
Trustee or director
1$0$0
RICK MCCANNDIRECTOR
Trustee or director
1$0$0
AMY REGERDIRECTOR
Trustee or director
1$0$0
BRITTANIE PAQUETTEDIRECTOR
Trustee or director
1$0$0
AUSTIN TRUNKLEDIRECTOR
Trustee or director
1$0$0
COLTON WELHAVENDIRECTOR
Trustee or director
1$0$0
REBEKAH WILLIAMSDIRECTOR
Trustee or director
1$0$0
ANDREW MCDONALDEX-OFFICIO MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 31158, BILLINGS, MT 59107-1158
Principal officer (990 for 2024)
ADAM LIBERTY, PO BOX 31158, BILLINGS, MT 591071158
Signed the 990
ADAM LIBERTY, PRESIDENT
Phone
(406) 252-0252
Return prepared by
DOUGLAS WILSON & COMPANY PC

Mission

ESTABLISHED ON A LEGACY OF FAITH AND PHILANTHROPY, THE BILLINGS CATHOLIC SCHOOLS FOUNDATION PROVIDES FOR THE IMMEDIATE NEEDS AND LASTING STABILITY OF OUR BILLINGS CATHOLIC SCHOOLS TO SUPPORT AN EXCEPTIONAL CATHOLIC EDUCATION FOR OUR COMMUNITY'S FAMILIES.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDING SCHOLARSHIPS AND DISTIBUTIONS TO THE BILLINGS CATHOLIC SCHOOLS WHICH INCLUDES:$741,924 FROM THE BILLINGS AREA CATHOLIC EDUCATION TRUST$475 FROM THE MAYFAIR FUNDRAISER$325,142 FROM URBASKA FIELD$167,238 FROM THE PORTER ENDOWMENT$40,233 FROM DUFFNER ENDOWMENT$6,945 FROM ECE$61,718 FROM SFC$236,702 FROM BCCHS$28,604 FROM BCS$28,500 FROM BCS TUITION ASSISTANCE$69,350 FROM SPECIAL EVENTS CENTRAL CROSS CLUB$2,500 FROM SPECIAL EVENTS RAM SCRAMBLE$7,529 FROM FOUNDATION SPECIAL EVENTS$17,363 FROM RAM SCRAMBLE EXPENSES$289,000 FROM BCS UNRESTRICTED DISTRIBUTIONS$23,505 FROM BCS ANNUAL SCHOLARSHIPSOTHER EXPENSES MAKING UP TOTAL PROGRAM EXPENSES INCLUDE DEPRECIATION OF $537,029 RELATED TO THE NEW SCHOOL BUILT.
    Expenses $2,583,757 · grants $2,046,728

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
38-3819006
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$37,315,429
Income (IRS master file)
$8,974,707

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,085,576$3,123,388$37,315,429IRS
990June 2024$3,456,090$3,167,217$35,606,290IRS
990June 2023$2,814,498$3,762,544$32,904,984XML
990June 2022$3,254,713$2,604,487$33,019,043IRS
990June 2021–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-3819006).

Questions about BILLINGS CATHOLIC SCHOOLS FOUNDATION

What is the EIN of BILLINGS CATHOLIC SCHOOLS FOUNDATION?
The employer identification number (EIN) of BILLINGS CATHOLIC SCHOOLS FOUNDATION is 38-3819006.
Is BILLINGS CATHOLIC SCHOOLS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to BILLINGS CATHOLIC SCHOOLS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BILLINGS CATHOLIC SCHOOLS FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BILLINGS CATHOLIC SCHOOLS FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BILLINGS CATHOLIC SCHOOLS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BILLINGS CATHOLIC SCHOOLS FOUNDATION?
The 990 for the year ended June 30, 2025 names ADAM LIBERTY.
Who are the officers and directors of BILLINGS CATHOLIC SCHOOLS FOUNDATION?
The 990 for the year ended June 30, 2025 lists 21 people; 1 received compensation from the organization, the highest $86,139 (ADAM LIBERTY, EXEC DIRECTOR/PRESIDENT).
How much revenue does BILLINGS CATHOLIC SCHOOLS FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,085,576, expenses of $3,123,388 and total assets of $37,315,429 at year end.

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