Montana Racial Equity Project

Nonprofit profile at a glance

EIN
475462992
IRS 990-EZ coverage
2018–2025
Forms available
Form 990 2023, Form 990-EZ 2025, Form 990-N 2017
Location
Bozeman, MT, USA
Phone
4066246820
Rating confidence
Limited
Sector
Intergroup, Race Relations

Official website

Reported finances

Revenue
$-33,741
Expenses
$69,336
Assets
$175,708
Liabilities
$119

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • PEARL MICHALSON (President)

People named in this filing

  • PEARL MICHALSON (President)
  • JULIAN COLLINS (Director)
  • JAYTON SIMPSON (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Montana racial equity project advocates equity and racial justice affecting historically marginalized, disenfranchised, and oppressed peoples in Montana. Our goal is transformational change in the personal, social, systemic, and structural arenas.

What it reported doing in 2025

Workshops, conferences, and other support for the purpose to acheive transformational change in the personal, social, systematic, and structural areas.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 1
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 1.7%; rating input score 2

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -305.5%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 2.53; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -32.3% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -18.8% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: 3.6% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 1.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Program expense ratio scored 2/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.