Nonprofit · EIN 81-0505078
CUT BANK DISTRICT NO 15 EDUCATION FOUNDATION & ALUMNI ASSO INC
Tax-exempt · CUT BANK, MT 59427
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $413,202 | $138,318 | $274,884 | $1,902,643 | $0 | $1,902,643 |
| June 30, 2024 | 990 | $412,717 | $286,310 | $126,407 | $1,627,759 | $0 | $1,627,759 |
| June 30, 2023 | 990 | $178,179 | $191,794 | -$13,615 | $1,501,352 | $0 | $1,501,352 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $226,105
- Program service revenue
- $0
- Investment income
- $179,520
- Net gain from sales of assets
- $25,157
- Other revenue
- $7,577
Expenses
- Grants and similar amounts paid
- $61,960
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $12,000
- Salaries, compensation and benefits (total)
- $12,918
- Professional fundraising fees
- $0
- Program services (functional)
- $126,864
- Management and general (functional)
- $11,454
Balance sheet and other
- Total assets, start of year
- $1,627,759
- Total assets, end of year
- $1,902,643
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,902,643
- Publicly traded securities
- $1,864,128
- Net assets without donor restrictions
- $1,054,145
- Net assets with donor restrictions
- $848,498
- Gross receipts
- $413,202
- Employees
- 0
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steven Hjartarson | Director Trustee or director | 2 | $0 |
| Lisa VandenBos | Director Trustee or director | 2 | $0 |
| Jim C Seewald | Director Trustee or director | 2 | $0 |
| Joyce Lewis | Director Trustee or director | 1 | $0 |
| Brian Kavanagh | Director Trustee or director | 1 | $0 |
| Scott Gage | Director Trustee or director | 1 | $0 |
| Chelsey Schwindt | Director Trustee or director | 1 | $0 |
| John Brown | President Trustee or director | 1 | $0 |
| Jess Waldner | Director Trustee or director | 1 | $0 |
| Wade Sunby | Director Trustee or director | 1 | $0 |
| Doug Ray | Director Trustee or director | 1 | $0 |
| Treasure Berkram | Sec/Treasurer Officer | 1 | $0 |
| Val Vermulm | Vice President Officer | 1 | $0 |
| Amy Overstreet | Executive Dir. Officer | 20 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Amy Overstreet | Executive Dir. Officer | 20 | $36,935 |
| Joyce Lewis | Director Trustee or director | 1 | $0 |
| Brian Kavanagh | Director Trustee or director | 1 | $0 |
| Scott Gage | Director Trustee or director | 1 | $0 |
| Treasure Berkram | Sec/Treasurer Trustee or director | 1 | $0 |
| Chelsey Schwindt | Director Trustee or director | 1 | $0 |
| John Brown | Vice President Trustee or director | 1 | $0 |
| Ashley Kimmet | Director Trustee or director | 1 | $0 |
| Shelley Larson | President Trustee or director | 1 | $0 |
| Wade Johnson | Director Trustee or director | 1 | $0 |
| Doug Ray | Director Trustee or director | 1 | $0 |
| Steven Hjartarson | Director Officer | 2 | $0 |
| Lisa VandenBos | Director Officer | 2 | $0 |
| Jim C Seewald | Director Officer | 2 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Amy Overstreet | Executive Dir. Officer | 20 | $37,520 |
| Joyce Lewis | Director Trustee or director | 1 | $0 |
| Brian Kavanagh | Director Trustee or director | 1 | $0 |
| Scott Gage | Director Trustee or director | 1 | $0 |
| Treasure Berkram | Sec/Treasurer Trustee or director | 1 | $0 |
| Chelsey Schwindt | Director Trustee or director | 1 | $0 |
| John Brown | Vice President Trustee or director | 1 | $0 |
| Ashley Kimmet | Director Trustee or director | 1 | $0 |
| Shelley Larson | President Trustee or director | 1 | $0 |
| Wade Johnson | Director Trustee or director | 1 | $0 |
| Doug Ray | Director Trustee or director | 1 | $0 |
| Steven Hjartarson | Director Officer | 2 | $0 |
| Lisa VandenBos | Director Officer | 2 | $0 |
| Jim C Seewald | Director Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 101 THIRD AVENUE SE, CUT BANK, MT 59427-3247
- Principal officer (990 for 2024)
- John Brown, 101 THIRD AVENUE SE, CUT BANK, MT 59427
- Signed the 990
- John Brown, President
- Phone
- (406) 873-2229
- Return prepared by
- Gage Accounting PC
Mission
Provide grants to School District #15 for the purchase of equipment and educational materials and scholarships for students to continue their education past high school.
Program accomplishments
- Provide Grants for classroom programs of School District 15 that otherwise would not be available through the school district budget. Also to provide scholarships for students of School District 15 to continue their education past high school.Expenses $126,864
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0505078
- 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
- 1996
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $1,902,643
- Income (IRS master file)
- $413,202
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $413,202 | $138,318 | $1,902,643 | XML |
| 990 | June 2024 | $412,717 | $286,310 | $1,627,759 | IRS |
| 990 | June 2023 | $178,179 | $191,794 | $1,501,352 | XML |
| 990 | June 2022 | -$98,734 | $215,972 | $1,514,967 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 81-0505078).
Questions about CUT BANK DISTRICT NO 15 EDUCATION FOUNDATION & ALUMNI ASSO INC
- What is the EIN of CUT BANK DISTRICT NO 15 EDUCATION FOUNDATION & ALUMNI ASSO INC?
- The employer identification number (EIN) of CUT BANK DISTRICT NO 15 EDUCATION FOUNDATION & ALUMNI ASSO INC is 81-0505078.
- Is CUT BANK DISTRICT NO 15 EDUCATION FOUNDATION & ALUMNI ASSO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to CUT BANK DISTRICT NO 15 EDUCATION FOUNDATION & ALUMNI ASSO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CUT BANK DISTRICT NO 15 EDUCATION FOUNDATION & ALUMNI ASSO INC 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 CUT BANK DISTRICT NO 15 EDUCATION FOUNDATION & ALUMNI ASSO INC 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 CUT BANK DISTRICT NO 15 EDUCATION FOUNDATION & ALUMNI ASSO INC 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 CUT BANK DISTRICT NO 15 EDUCATION FOUNDATION & ALUMNI ASSO INC?
- The 990 for the year ended June 30, 2025 names John Brown.
- Who are the officers and directors of CUT BANK DISTRICT NO 15 EDUCATION FOUNDATION & ALUMNI ASSO INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does CUT BANK DISTRICT NO 15 EDUCATION FOUNDATION & ALUMNI ASSO INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $413,202, expenses of $138,318 and total assets of $1,902,643 at year end.
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