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Research and Public Policy : Social and Public Policy Research

Headwaters Economics

Improving community development

three stars

83.46

270 West Kagy Suite G
Bozeman, MT 59715
tel: (406) 570-8937   Web Site
EIN: 74-3171967

Board Leadership
Carmen McSpadden
President

CEO
Patricia Hernandez
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 83.46 three stars
  Financial 92.08 four stars
  Accountability & Transparency 78.00 two stars
This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Headwaters Economics is an independent, nonprofit research group that works to improve community development and land management decisions in the West. Headwaters Economics works with community leaders, landowners, public land managers, elected officials, and business owners. Our goal is to give these partners credible information they can use to identify and solve problems. Headwaters Economics determines what research topics to pursue and the best way to interpret research findings. Our research also goes through peer review, and is routinely published in scientific journals such as the Journal of Forestry, Solutions Journal, Journal of Rural Studies, Landscape and Urban Planning, Society and Natural Resources, Growth and Change, and Human Ecology Review.

Headwaters Economics is an independent, nonprofit research group that works to improve community development and land management decisions in the West. Headwaters Economics works with community leaders, landowners, public land managers, elected officials, and business owners. Our goal is to give these partners credible information they can use to identify and solve problems. Headwaters Economics determines what research topics to pursue and the best way to interpret research findings. Our research also goes through peer review, and is routinely published in scientific journals such as the Journal of Forestry, Solutions Journal, Journal of Rural Studies, Landscape and Urban Planning, Society and Natural Resources, Growth and Change, and Human Ecology Review.

Financial

four stars

92.08

Accountability & Transparency

two stars

78.00

This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
96.0%
  Administrative Expenses 2.6%
  Fundraising Expenses 1.2%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.70
  Program Expenses Growth 3.6%
  Liabilities to Assets 5.9%
All data for Financial Performance Metrics calculations was provided by Headwaters Economics on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Headwaters Economics on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Headwaters Economics (MT) 83.46 three stars
Middle East Forum (PA) 92.46 four stars
New York Public Interest Research Group Fund (NY) 90.37 four stars
The Naval Institute Foundation (MD) 95.11 four stars
North Carolina Justice Center (NC) 92.22 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,221,382
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $1,340,586
Total Contributions $2,561,968
   Program Service Revenue $70,226
Total Primary Revenue $2,632,194
   Other Revenue $29,469
TOTAL REVENUE $2,661,663
   
EXPENSES  
   Program Expenses $2,286,169
   Administrative Expenses $63,893
   Fundraising Expenses $31,791
TOTAL FUNCTIONAL EXPENSES $2,381,853
   
Payments to Affiliates $0
Excess (or Deficit) for the year $279,810
   
Net Assets $1,686,905

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 02/01/2021 83.46 three stars
2018-12 09/03/2019 84.34 three stars
2017-12 09/01/2018 84.34 three stars
2016-12 12/22/2017 84.34 three stars
2015-12 07/01/2017 78.78 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 74-3171967
Name in IRS Master File HEADWATERS ECONOMICS INC
NTEE Code C34
NTEE Classification Land Resources Conservation
NTEE Type Environmental Quality, Protection and Beautification
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date October, 2006
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2018
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
$157,191 6.59% Ray Rasker Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Headwaters Economics (MT) 83.46 three stars
Center for Economic and Policy Research (DC) 87.18 three stars
Safe Kids Worldwide (DC) 85.57 three stars
World Institute on Disability (CA) 85.65 three stars
Constitutional Accountability Center (DC) 90.20 four stars

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Charity Contact Info

Headwaters Economics
270 West Kagy
Suite G
Bozeman, MT 59715
tel: (406) 570-8937
EIN: 74-3171967

Mail donations to:
P.O. Box 7059
Bozeman, MT 59771

Visit Web Site

Board Leadership

Carmen McSpadden
President

CEO

Patricia Hernandez
Executive Director

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