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Research and Public Policy : Social and Public Policy Research

Headwaters Economics

Improving community development

three stars

84.34

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

Board Leadership
Carmen McSpadden
President

CEO
Ray Rasker
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 84.34 three stars
  Financial 97.50 four stars
  Accountability & Transparency 78.00 two stars
This rating was published 09/03/2019 and includes data from FY2018, 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.

Impact Information

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Financial

four stars

97.50

Accountability & Transparency

two stars

78.00

This rating was published 09/03/2019 and includes data from FY2018, 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) 0.61
  Program Expenses Growth 20.5%
  Liabilities to Assets 7.2%
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) 84.34 three stars
American Youth Policy Forum (DC) 91.99 four stars
Northeast Organic Farming Association of Vermont (VT) 92.22 four stars
Middle East Forum (PA) 92.46 four stars
Center for Climate and Energy Solutions (VA) 87.31 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,003,503
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $1,216,243
Total Contributions $2,219,746
   Program Service Revenue $182,335
Total Primary Revenue $2,402,081
   Other Revenue $12,855
TOTAL REVENUE $2,414,936
   
EXPENSES  
   Program Expenses $2,375,016
   Administrative Expenses $57,527
   Fundraising Expenses $31,282
TOTAL FUNCTIONAL EXPENSES $2,463,825
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-48,889
   
Net Assets $1,407,095

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
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
$155,267 6.30% Ray Rasker Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Headwaters Economics (MT) 84.34 three stars
Ethics and Public Policy Center (DC) 89.98 three stars
Institute for Local Self-Reliance (DC) 90.79 four stars
Peterson Institute for International Economics (DC) 88.23 three stars
Northeast Organic Farming Association of Vermont (VT) 92.22 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

Ray Rasker
Executive Director

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