Montrose Recreation Foundation

Nonprofit profile at a glance

EIN
992407964
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Montrose, CO, USA
Phone
7033093391
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Foundations

Reported finances

Revenue
$114,804
Expenses
$48,865
Assets
$140,325
Liabilities
$107

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

Leadership & pay

11 people listed

Executive titles in this filing

  • Sara Slusarski (President)
  • Megan Maddy (Vice President)

People named in this filing

  • Sara Slusarski (President)
  • Megan Maddy (Vice President)
  • Amanda Noyes (Secretary)

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

To enhance the health and quality of life for Montrose residents, the MRF emphasizes fundraising for youth recreation scholarships and capital improvements to expand recreational opportunities.

What it reported doing in 2025

The foundation provided a total of $28,299 in assistance through 550 disbursements for adult, youth, and senior programing in addition to recreation center facility access for low income community members.

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
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 37
  • Transparency & Controls: 82
  • Sustainability: 83
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.6%; rating input score 25
  • Program expense ratio: 57.8%; rating input score 58

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 57.4%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 2.87; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 46; 46th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 34.1% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 99.9% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 61.5% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 24.6% of revenue deployed · 57.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $28K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • 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: Mission deployment rate scored 25/100.
  • Review — Financial Efficiency: Program expense ratio scored 58/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 46/100.