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Yellowstone Forever

Bozeman, Montana · EIN 47-5427975 · Environment · tax-exempt since 2016

C

Charity Clarity grade C (score 63.1 of 100), based on the Form 990 for the year ended February 2026.

Graded against 1,852 environment nonprofits with revenue $10M–$50M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.36.5 months43
GovernanceBoard independence, key policies and audit, per the 990.98% of practices98
Margin stabilityHow steady the surplus or deficit is year to year.22
Revenue spreadHow much revenue rests on one type of income.73% from one source63
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.82.8%not scored
Management costsShare of spending.1.3%not scored
Cost to raise $1Fundraising cost per dollar given.$0.14not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

2017201820192020202120222023202420252026grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Feb 2026Form 990$34.47M$25.81M$8.66M$78.56M36.5150C
Feb 2025Form 990$41.82M$16.92M$24.90M$69.10M49.0135C
Feb 2024Form 990$21.31M$14.47M$6.84M$43.84M36.4132B
Feb 2023Form 990$21.06M$13.64M$7.43M$37.26M32.8113C
Feb 2022Form 990$24.86M$9.71M$15.16M$30.06M37.298C
Feb 2021Form 990$10.81M$7.74M$3.08M$15.02M23.3123C
Feb 2020Form 990$14.35M$17.21M−$2.86M$11.74M8.2204A
Feb 2019Form 990$15.20M$19.05M−$3.85M$14.58M9.2205A
Feb 2018Form 990$15.87M$17.50M−$1.63M$18.58M12.7194A
Feb 2017Form 990$5.30M$5.68M−$380K$20.19M42.6117C

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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