Nonprofit · EIN 81-0538394
BILLINGS TRAILNET
Tax-exempt · BILLINGS, MT 59103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $378,246 | $181,752 | $196,494 | $1,109,059 | $18,098 | $1,090,961 |
| December 31, 2023 | 990 | $364,583 | $197,287 | $167,296 | $901,930 | $12,198 | $889,732 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $315,597
- Membership dues
- $114,666
- Program service revenue
- $0
- Investment income
- $31,039
- Net income from fundraising events
- $31,610
- Other revenue
- $31,610
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $72,108
- Other salaries and wages
- $58,088
- Salaries, compensation and benefits (total)
- $147,816
- Professional fundraising fees
- $0
- Accounting fees
- $4,630
- Occupancy
- $828
- Depreciation
- $329
- Program services (functional)
- $118,327
- Management and general (functional)
- $63,096
- Fundraising (functional)
- $329
Balance sheet and other
- Total assets, start of year
- $901,930
- Total assets, end of year
- $1,109,059
- Total liabilities, end of year
- $18,098
- Net assets, end of year
- $1,090,961
- Land, buildings and equipment
- $5,199
- Net assets without donor restrictions
- $1,090,961
- Gross receipts
- $427,842
- Employees
- 0
- Year formed
- 2002
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRISTI DRAKE | Executive Dir. Officer | 40 | $72,108 | $4,150 |
| KOLTEN KNATTERUD | President Trustee or director | 2 | $0 | $0 |
| JOE WOMACK | Treasurer Trustee or director | 2 | $0 | $0 |
| STEVE NEARY | Vice President Trustee or director | 2 | $0 | $0 |
| JOHN HANSON | Director Trustee or director | 2 | $0 | $0 |
| ELIZABETH CIEMINS | Director Trustee or director | 2 | $0 | $0 |
| ANDY BEACH | Director Trustee or director | 2 | $0 | $0 |
| MORGAN TUSS | Secretary Trustee or director | 2 | $0 | $0 |
| EMILY BRUYERE | Director Trustee or director | 2 | $0 | $0 |
| KEVIN ODENTHAL | Director Trustee or director | 2 | $0 | $0 |
| AMANDA JUNGLES | Director Trustee or director | 2 | $0 | $0 |
| JIM DOWNS | Director Trustee or director | 2 | $0 | $0 |
| JIM KICHOLS | Director Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRISTI DRAKE | EXECUTIVE DIRECTOR Officer | 40 | $71,503 | $3,820 |
| MIKE ORMSBY | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JOE WOMACK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STEVE NEARY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN HANSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELIZABETH CIEMINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANDY BEACH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MORGAN TUSS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KOLTEN KNATTERUD | VICE PRESIDENT Trustee or director | 2 | $0 | $0 |
| KEVIN ODENTHAL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KATHY JAMES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JIM DOWNS | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2416, BILLINGS, MT 59103-2416
- Signed the 990
- KRISTI DRAKE, Executive Dir.
- Phone
- (406) 281-1244
- Website
- BILLINGSTRAILNET.ORG
- Return prepared by
- Ferro Willett & Thompson PLLP
Mission
TO PROMOTE A COMPLETE, COMMUNITY-WIDE TRAIL SYSTEM
Program accomplishments
- A GRASS-ROOTS ORGANIZATION THAT SUPPORTS URBAN TRAILS IN AND AROUND THE BILLINGS COMMUNITY. OUR ORGANIZATION INCREASES AWARENESS AND ENCORAGES USE OF THE TRAILS IN OUR COMMUNITY, AND RAISES MONEY TO USE AS MATCHING FUNDS FOR TRAILS.Expenses $118,327 · grants $4,900 · revenue $109,911
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0538394
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C30)
- Assets (IRS master file)
- $1,109,059
- Income (IRS master file)
- $427,842
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $378,246 | $181,752 | $1,109,059 | IRS |
| 990 | December 2023 | $364,583 | $197,287 | $901,930 | XML |
| 990 | December 2022 | $423,065 | $170,711 | $727,763 | IRS |
| 990 | December 2021 | $282,092 | $241,252 | $463,124 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 81-0538394).
Questions about BILLINGS TRAILNET
- What is the EIN of BILLINGS TRAILNET?
- The employer identification number (EIN) of BILLINGS TRAILNET is 81-0538394.
- Is BILLINGS TRAILNET tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to BILLINGS TRAILNET tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BILLINGS TRAILNET 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 TRAILNET due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BILLINGS TRAILNET last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of BILLINGS TRAILNET?
- The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $72,108 (KRISTI DRAKE, Executive Dir.).
- How much revenue does BILLINGS TRAILNET have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $378,246, expenses of $181,752 and total assets of $1,109,059 at year end.
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- BIGHORN RIVER ALLIANCE EIN 36-5177006 · last filed 990 for 2025
- AMANI FOR AFRICA USA FOUNDATION EIN 20-3277651 · last filed 990-EZ for 2025
- OUR MONTANA INC EIN 81-0497025 · last filed 990-N for 2025
- LAUREL GARDEN CLUB EIN 83-4363654 · last filed 990-N for 2025
- BRIGHT N BEAUTIFUL EIN 81-0451633 · last filed 990-N for 2025
- TREES 4 TOMORROW EIN 93-3249893 · last filed 990-N for 2025
- BILLINGS CLINIC EIN 81-0231784 · last filed 990 for 2024