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Source: IRS Form 990 via ProPublica Nonprofit Explorer
Total Revenue
▼$4.7M
Total Contributions
$505.5K
Total Expenses
▼$4.5M
Total Assets
$7.2M
Total Liabilities
▼$1.8M
Net Assets
$5.4M
Officer Compensation
→$135.5K
Other Salaries
$1.4M
Investment Income
▼$22
Fundraising
▼$0
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$7.4M
Awards Found
10
Department of Commerce
$4M
PURPOSE: THE PURPOSE OF THIS GRANT IS TO ENSURE A COORDINATED APPROACH TO INNOVATION AND ECONOMIC DEVELOPMENT IN DEFENSE, RESOURCE MANAGEMENT, AND DISASTER PREVENTION THAT ADVANCES THE REGION?S SHARED GOAL OF GLOBAL LEADERSHIP IN PHOTONIC REMOTE SENSING AND AUTONOMOUS TECHNOLOGIES WITH BUILT-IN ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING CAPABILITIES. ACTIVITIES TO BE PERFORMED: ESTABLISH A ROBUST CONSORTIUM GOVERNANCE STRUCTURE, HIRE THE HEADWATERS TECH HUB (HTH) OFFICE STAFF, STAND UP HTH-WIDE ADVISORY AND/OR WORKING GROUPS, INCLUDING DEFENSE AND RESILIENCY TECHNOLOGIES GROUPS. GUIDE AND TRACK CURRENT AND FUTURE HTH COMPONENT PROJECTS THROUGH PROVIDING ADMINISTRATIVE AND ADVISORY SUPPORT WHILE MAINTAINING GOOD STANDING WITH REPORTING AND COMPLIANCE. CREATE AND IMPLEMENT THE HTH TRIBAL ADVISORY COUNCIL, DEVELOP LOCAL OUTREACH AND ENGAGEMENT NETWORKS WITH SUPPORT OF THE SUBAWARDEE ORGANIZATIONS WITH PARTICULAR FOCUS ON RURAL AND TRIBAL AREAS, CONDUCT PERIODIC FORMAL AND FREQUENT INFORMAL ENGAGEMENTS WITH THESE COMMUNITIES, ESTABLISH HUB-WIDE ENGAGEMENT AND COLLABORATION PORTALS. SUPPORT FINAL-STAGE TESTING OF TECHNOLOGIES THROUGH CREATING TESTBEDS IN RUGGED TERRAIN, PRECISION AGRICULTURE, AND ROADWAYS. BUILD PHOTONICS SECTOR BY INCREASING POST-GRADUATION OPPORTUNITIES IN RELATED FIELDS AND UTILIZING SKILL-BASED TRAINING FOR WORKFORCE PLACEMENT. EXPECTED OUTCOMES: SUSTAIN THE GOVERNANCE STRUCTURES DESIGNED THROUGH THIS PROJECT TO CATALYZE REGIONAL COHESION, PROMOTE INCLUSION OF TRIBAL AND RURAL POPULATIONS IN WORKFORCE DEVELOPMENT ACTIVITIES, AND AMPLIFY THE SUCCESSES AND LESSONS LEARNED FROM THE PURSUIT OF THE TECH HUB?S NATIONAL AND GLOBAL RECOGNITION OF LEADERSHIP IN SMART PHOTONICS SENSING APPLICATIONS. INCREASE OF ECOSYSTEM FOOTPRINT THROUGH JOB AND ECONOMICS IMPACTS WHILE GENERATING ADDITIONAL FUNDING. INTENDED BENEFICIARIES: THE TECH HUB WILL USE THIS AWARD TO MAINTAIN AND GROW ITS RELATIONSHIPS WITH ANCHOR COMMUNITIES IN BOZEMAN, BUTTE, AND MISSOULA VIA PARTNERSHIPS WITH THE RESPECTIVE LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS (EDOS). THE TECH HUB WILL WORK IN CLOSE CONSULTATION WITH THE MONTANA OFFICE OF INDIANS AFFAIRS AND THE STATE TRIBAL ECONOMIC DEVELOPMENT COMMISSION TO BETTER UNDERSTAND PRIORITIES AND CULTURALLY APPROPRIATE ACTIONS TO INCREASE ENGAGEMENT IN TRIBAL COMMUNITIES. SUBRECIPIENT ACTIVITIES: SUPPORT THE HTH OFFICE IN ITS ADMINISTRATIVE, BUSINESS OPERATIONS, AND POLICY SUPPORT ACTIVITIES. ATTRACTS BUSINESS TO THE STATE AND GROWING INTERNATIONAL TRADE WITH STAFF SERVING AS LIAISONS TO THE REST OF THE STATE GOVERNMENT.
Department of Commerce
$449.3K
THE HEADWATERS REGIONAL TECHNOLOGY AND INNOVATION HUB (HEADWATERS HUB), LED BY ACCELERATE MONTANA, AIMS TO BECOME A GLOBAL LEADER IN SMART, AUTONOMOUS, PHOTONIC REMOTE SENSING TECHNOLOGIES. THIS TECH HUB WILL LEVERAGE REGIONAL ASSETS?INCLUDING A CLUSTER OF PHOTONICS COMPANIES AND ITS DIVERSE GEOGRAPHIC LANDSCAPE?TO INTEGRATE REMOTE SENSING SYSTEMS WITH ADVANCES IN EMBEDDED PROCESSORS WITH BUILT-IN ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING CAPABILITIES. IN DOING SO, WESTERN MONTANA SEEKS TO DEVELOP AND DEPLOY SMART PHOTONIC SENSING SYSTEMS COUPLED WITH AUTONOMOUS SYSTEMS TO ADDRESS CRITICAL DEFENSE, RESOURCE MANAGEMENT, AND DISASTER PREVENTION NEEDS.
Small Business Administration
$300K
MT - MONTANA TECHNOLOGY ENTERPRISE CENTER
Department of Agriculture
$300K
BIPARTISAN INFRASTRUCTURE LAW MONTANA INNOVATION CORRIDOR GATEWAY MASS TIMBER SHOWCASE AND TIMBER TECHNOLOGY
Small Business Administration
$253K
WOMEN'S BUSINESS OWNERSHIP ASSISTANCE INITIAL PHASE AWARD
Small Business Administration
$150K
MONTANA TECHNOLOGY ENTERPRISES CONTINUATION OPTION YEAR 2 (I-2020)
Department of Agriculture
$35K
RBDG RURAL BUSINESS COOP RURAL ENTERPRISE GRANT
Department of Agriculture
$12K
RBDG RURAL BUSINESS COOP RURAL ENTERPRISE GRANT
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
4
Clean Audits
4
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $3.3M | Yes | 2026-01-16 |
| 2024 | Clean | Unmodified (Clean) | $3.3M | Yes | 2025-02-12 |
| 2023 | Clean | Unmodified (Clean) | $2.2M | No | 2023-12-07 |
| 2022 | Clean | Unmodified (Clean) | $852.4K | No | 2023-03-14 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$852.4K
Source: IRS e-Filed Form 990
No officer or director compensation data available for this organization.
This data is sourced from IRS Form 990, Part VII. It may not be available if the organization files Form 990-N (e-Postcard) or has not yet been enriched.
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $4.7M | $505.5K | $4.5M | $7.2M | $5.4M |
| 2022 | $2.7M | $449.3K | $2.5M | $7.1M | $5.2M |
| 2021 | $1.2M | $180.5K | $1.1M | $6M | $5.1M |
| 2020 | $905K | $500 | $962.5K | $5.9M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS Form 990 via ProPublica Nonprofit Explorer (Tax Year 2023)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
Tax-deductibility: IRS Publication 78
| $5M |
| 2019 | $859.7K | $47K | $1M | $6M | $5.1M |
| 2018 | $892.9K | $37.5K | $1.2M | $6.1M | $5.2M |
| 2017 | $997.9K | $117.5K | $1.1M | $6.5M | $5.5M |
| 2016 | $827.9K | $52K | $719.7K | $6.7M | $5.7M |
| 2015 | $201.2K | $0 | $285.4K | $6.6M | $5.5M |
| 2014 | $227.4K | $0 | $305.3K | $6.7M | $5.6M |
| 2013 | $711.5K | $457.5K | $279.6K | $6.9M | $5.7M |
| 2012 | $3.4M | $3M | $207.7K | $7M | $5.3M |
| 2011 | $197.3K | $0 | $416.9K | $3.5M | $2.1M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data | PDF not yet published by IRS |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |