Grizzly Athletic Association
- Assets
- $3.4m
- Revenue
- $1.6m
- Investments
- $1.4m
- Employees
- 0
- Location
- Missoula, MT
- Founding
- 09/1984
- Data as of
- 06/2021
- EIN
- 81-0407200
Organization Overview
Grizzly Athletic Association is located in Missoula, MT. The organization was established in 1984. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grizzly Athletic Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Grizzly Athletic Association generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $1.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SCHOLARSHIPS & PROMOTIONAL SUPPORT FOR THE UNIVERSITY OF MT. ATHLETIC PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO THE UNIVERSITY OF MONTANA ATHLETIC PROGRAMS. ATHLETIC PROGRAMS CONSIST OF FOOTBALL,MEN'S AND WOMEN'S BASKETBALL,TRACK,AND OTHER ATHLETIC PROGRAMS. MGSA PROVIDES SCHOLARSHIPS FOR 250 STUDENT ATHLETES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Bryant Chairman Of The Board | OfficerTrustee | 0.4 | $0 |
Don Petritz Director | OfficerTrustee | 0.2 | $0 |
Greg Sundberg Executive Director | Officer | 40 | $0 |
Carlene Bockman Director | Trustee | 0.2 | $0 |
Patty Myers Director | Trustee | 0.2 | $0 |
Brian Hafner Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $378,755 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $160,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $542,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,080,855 |
| Total Program Service Revenue | $0 |
| Investment income | $12,602 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $232,131 |
| Net Income from Fundraising Events | $242,006 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,567,594 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,364,688 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $103,485 |
| Compensation of current officers, directors, key employees. | $103,485 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,273 |
| Pension plan accruals and contributions | $20,527 |
| Other employee benefits | $43,104 |
| Payroll taxes | $14,913 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,925 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,584 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,998 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,356 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,833 |
| Insurance | $1,249 |
| All other expenses | $15,848 |
| Total functional expenses | $1,792,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,178,319 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $15,350 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $64,617 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,372,741 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $809,261 |
| Total assets | $3,440,288 |
| Accounts payable and accrued expenses | $2,905 |
| Grants payable | $0 |
| Deferred revenue | $253,429 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $915,646 |
| Total liabilities | $1,171,980 |
| Net assets without donor restrictions | $1,476,848 |
| Net assets with donor restrictions | $791,460 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,440,288 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Grizzly Athletic Association has recieved totaling $144.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $124 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Endowment Analysis
| Beg. Balance | $411,259 |
| Earnings | $176,333 |
| Admin Expense | $13,625 |
| Net Contributions | $60,000 |
| Ending Balance | $633,967 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montana Higher Education Student Assistance Corporation Helena, MT | $454,297,151 | $15,047,614 |
Waitt Foundation North Sioux City, SD | $157,175,219 | $6,009,824 |
Team Makers Club Inc Fargo, ND | $24,927,572 | $16,460,437 |
Western States Learning Corporation Cheyenne, WY | $7,278,085 | $6,097,150 |
J R Simplot Company Foundation Inc Boise, ID | $71,703,701 | $5,686,010 |
Idaho Association For The Education Of Young Children Boise, ID | $1,636,700 | $5,141,669 |
Central States Fair Rapid City, SD | $6,354,015 | $4,358,357 |
Valley Senior Living Grand Forks, ND | $804,854 | $3,496,436 |
C H Robinson Worldwide Foundation Sioux Falls, SD | $19,568,040 | $4,443,280 |
Ndscs Foundation Wahpeton, ND | $50,662,223 | $6,003,050 |
South Dakota Partners In Education Sioux Falls, SD | $284,473 | $2,000,094 |
Lake Area Technical College Foundation Watertown, SD | $28,796,845 | $15,847,172 |