Grizzly Rodeo Association
Public records show a registered, tax-exempt organization in good standing.
What it says it does
This corporation was organized to manage and raise funds for the operational and scholarship needs of the University of Montana Rodeo Team.
- Income
- $510,524
- Spending
- $316,405
- Spent on programs
- 96%
- Reserves
- 40.6 months of spending
- Largest source of income
- donations and private grants, 74%
- Employees
- 0
- Volunteers
- 50
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 85% of charities in its peer group (education, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 40.6 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 38% of income.
Income trend
15 of 15Income rose 47% on the year before.
Spending floor
15 of 1596% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 91 out of 100. Higher than 81% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2528 of 28 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $302,525 spent. $180,728 was awarded to the student-athletes of the University of Montana Rodeo Team for tuition & Fees to the University of Montana.
- $40,833 was spent providing coaching for the members of the University of Montana Rodeo Team. We pay independent contractors to train and coach the seven events the UM Rodeo Team competes in.
- The Grizzly Rodeo Association paid $43,748 for gas money, hotel expense and a small stipened for meals for team members who travel to compete in a sanctioned NIRA rodeos and the College National Finals.
- The Grizzly Rodeo Association paid $33,249 for a practice facility and the stock needs for the UM Rodeo Team.
- $3,967 was spent for team uniform for the team members of the UM Rodeo Team.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.