MONTANA GRIZZLY SCHOLARSHIP ASSOCIATION Charity Report

Public IRS 990 nonprofit record

MONTANA GRIZZLY SCHOLARSHIP ASSOCIATION

EIN 81-0407200 · Scholarships & Student Financial Aid (B82)

What they do

THE MONTANA GRIZZLY SCHOLARSHIP ASSOCIATIONS (MGSA) PRIMARY OBJECTIVE is to RAISE SCHOLARSHIP FUNDS for THE UNIVERSITY of MONTANA (UM) STUDENT-ATHLETES. THE MGSA ALSO ASSISTS THE ATHLETIC DEPARTMENT WITH VARIOUS FUNDRAISING ACTIVITIES, and ACTIVELY PROMOTES INTEREST IN and AWARENESS of ALL UM SPORTS PROGRAMS. THE MGSA, THROUGH ITS BOARD of DIRECTORS BELIEVES THAT A SUCCESSFUL ATHLETICS PROGRAM ENHANCES THE UNIVERSITY EXPERIENCE for STUDENT-ATHLETES and NON-STUDENT-ATHLETES ALIKE AS WELL AS BUILDING A STRONG ALLIANCE WITH THE COMMUNITY and ALUMNI. WE BELIEVE IT is THE RESPONSIBILTY of THE MGSA to HELP ACHIEVE THESE OBJECTIVES BY EDUCATING THE GENERAL PUBLIC and THE STUDENT-ATHLETES ABOUT THE FISCAL NEEDS of THE UNIVERSITY of MONTANAS ATHLETIC PROGRAM; BUILDING COMMUNITY SUPPORT; and PROVIDING THROUGH DEVELOPMENT and FUNDRAISING PROGRAMS, THE PRIVATE FINANCIAL RESOURCES NECESSARY to FUND SCHOLARSHIPS and OTHER NEEDS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

100.72%of revenue went to mission work86.0% of expenses · Program services

0.36%of revenue went to fundraising0.3% of expenses

$117.09spent for every $100 of revenueSpending was higher than revenue this year.

16.01%of revenue went to management and office costs13.7% of expenses

$1.21in assets for every $1 spent this yearSome assets cannot be spent right away.

77.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $639,942 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $20,208 for COLESON RANDALL (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,744,466

Mission workProgram services$3,771,358100.72% of revenue86.0% of expenses

ManagementOffice and general costs$599,38416.01% of revenue13.7% of expenses

FundraisingAsking for donations$13,6660.36% of revenue0.3% of expenses

Total expenses$4,384,408117.09% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 86.0% mission · 13.7% management · 0.3% fundraisingTotal expenses: 117.09% of revenue

2023Expense mix: 87.7% mission · 12.1% management · 0.3% fundraisingTotal expenses: 141.50% of revenue

2022Expense mix: 73.3% mission · 26.3% management · 0.4% fundraisingTotal expenses: 74.75% of revenue

2021Expense mix: 68.0% mission · 32.0% management · 0.0% fundraisingTotal expenses: 76.91% of revenue

2020Expense mix: 76.1% mission · 23.9% management · 0.0% fundraisingTotal expenses: 114.38% of revenue

2019Expense mix: 90.0% mission · 10.0% management · 0.0% fundraisingTotal expenses: 120.59% of revenue

2018Expense mix: 88.9% mission · 11.1% management · 0.0% fundraisingTotal expenses: 87.87% of revenue

2017Expense mix: 91.7% mission · 8.3% management · 0.0% fundraisingTotal expenses: 137.28% of revenue

Money in and money out

Revenue$3,744,466

Expenses$4,384,408

Annual shortfall $639,942 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,771,358 · 86.0% of expenses

Management and office costs$599,384 · 13.7% of expenses

Fundraising$13,666 · 0.3% of expenses

See all reported dollar amounts

Revenue$3,744,466

Expenses$4,384,408

Assets$5,323,927

Income$4,086,909

Contributions$2,898,700

Mission work (program services)$3,771,358

Fundraising$13,666

Grants given$15,020,029

Average grant$2,145,718

Management and general$599,384

Accounting fees$27,200

Investing fees$39,786

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

COLESON RANDALLEXECUTIVE DIRECTOR · 40 hrs/week $20,208Base · Other $20,208

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

COLESON RANDALLEXECUTIVE DIRECTOR

BILL BRENNERDIRECTOR

BRENNIN GRAINEYCO-PRESIDENT

BRIAN HAFNERDIRECTOR

DIRK CAPPISDIRECTOR

JAMIE BUHRCO-PRESIDENT

JENNY HARRISDIRECTOR

JIM WIER JRDIRECTOR

JOSH LARSONDIRECTOR

MOOSE PETRITZDIRECTOR

NICK PORRINICHAIRMAN OF THE BOARD

SHAY SMITHWICK-HANNDIRECTOR

SPENCER WALSHDIRECTOR

TERRY THOMPSONDIRECTOR

TODD RAHRDIRECTOR

TOM MATHEWSDIRECTOR

About this charity

Recognized since: January 1984
Location: UNIV OF MONTANA ADAMS CENTER 139, MISSOULA, MT 59812-0001
County: Missoula
In care of: COLESON RANDALL
Primary officer: COLESON RANDALL, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(406) 243-6481 Officer phone(406) 243-6487

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: DOUGLAS WILSON & COMPANY PC
NTEE classification: Scholarships & Student Financial Aid (B82)
IRS tax category: Scholarships & Student Financial Aid
Grant-giving organization: Yes