MONTANA TROUT UNLIMITED

EIN: 237355289 501(c)(3) Recreation & Sports

MISSOULA, MT

Total Revenue
$1,820,756
Total Expenses
$1,485,215
Total Assets
$2,503,594
Net Assets
$2,186,027
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MT
Principal Officer
DAVID BROOKS
Phone
4065430054
Tax Period
2024-04-01 to 2025-03-31

MONTANA TROUT UNLIMITED, founded in 2003, is a community nonprofit in the Recreation & Sports sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $336K, a strong 18% operating margin.

Mission

TO CONSERVE, PROTECT AND RESTORE MONTANA'S COLDWATER FISHERIES AND WATERSHEDS.

Program Service Accomplishments

Program 1
Expenses: $1,281,625 Revenue: $109,943

Montana Trout Unlimiteds exempt purpose achievements continue to include protecting and restoring trout habitat, advocating for clean water and wild fish management and educating the public on...

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Montana Trout Unlimiteds exempt purpose achievements continue to include protecting and restoring trout habitat, advocating for clean water and wild fish management and educating the public on Montanas fishery issues.Examples of Montana TUs FYE 2025 accomplishments to protect water quality and quantity to benefit coldwater fisheries include:Reviewed and provided input on public land management activities and management plans as they relate to protecting water resources.We continue to monitor the mining plans and activities within the Smith River watershed. Engaged in the development of a watershed restoration plan and supported on-the-ground projects to improve water quality and quantity in the Smith. MTU continues to work with partners to monitor water quality conditions and press for mitigation of damages from selenium pollution in the Kootenai River and Lake Koocanusa.MTU continues to monitor a possible rare earth elements (REEs - neodymium and praseodymium) mine in the Sheep Creek tributary of the West Fork Bitterroot River.Participate in the Frenchtown Working Group to focus on and communicate about research and cleanup of the Smurfit-Stone site on the Clark Fork River below Missoula. Successfully pushed for additional groundwater and soil sampling to be conducted to better idenfiy sources and pathways of contamination to the river.Increased instream flow through water right changes, improved infrastructure and habitat restoration.Maintained fulltime staff in the Montana State Legislature (and in relevant interim committees during non-legislative session years) to advocate for policy that benefits coldwater fisheries.Montana Trout Unlimited strives to protect high-quality fish habitat and to restore degraded streams and watersheds. Our FYE 2025 accomplishments include:Provided funding for a full-time Jefferson Watershed Project Manager with a focus on improving irrigation and ranching practices to benefit instream flow.MTU continued to work with the Custer-Gallatin National Forest (CGNF) as part of a 5-year, $3M agreement to provide a full-time Beartooth Project Manager to complete restoration projects on the National Forest.Continued to partner other groups and Tribes to evaluate Montanore Minerals (subsidiary of Hecla Mining Company) plans to expand exploration mining under the Cabinet Mountain Wilderness.Continued to prioritize research of the fishery in southwest MT. Supporting the continued evaluation of fish samples and health surveys conducted by FWP and MSU PhD students.Healthy, abundant populations of wild trout are the best measure of Montana TUs success. We emphasize conservation of sustainable wild and native trout populations. Our actions the past year include. Funding portions of wild or native trout habitat improvement projects in the Blackfoot, Beaverhead, Missouri, Yellowstone, Clark Fork, and Bitterroot River watersheds.Securing funding to increase grant opportunities for restoration and conservation projects by local TU chapters. Lead statewide advocacy for coldwater fisheries management and funding by regularly communicating with, monitored, and advised state agencies, boards and commissions.Provided official comments and regular communications with FWP leadership/regional biologists and the F&W Commission regarding using best fishery science to manage MT streams and rivers.Participated at the annual Arctic Grayling Work Group meeting. Continued to work with the USFWS to pursue amendments to the EA for a project at Upper Red Rock Lakes to benefit grayling overwintering conditions.Assisted with renewed effort to suppress lake trout in the Swan Lake system to recover bull trout populations.Montana TU is first and foremost a people organization. Achieving our mission requires engaged members, supporters and partners. We strive to improve and protect the values the public treasures about rivers and trout: Educated the next generation of conservationists with one 5-day, overnight camp.Increased awareness of fisheries issues from responsible angling and fish handling, Hoot Owl information to ongoing concerns and opportunities like AIS, catch-and-release and Keep Em Wet.Helped train the next generation of angling guides in conservation priorities and strategies.Defended Montanas best-in-the nation Stream Access Law and public lands.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $856,858
Program Service Revenue $767,994
Investment Income $85,961
Other Revenue $109,943
TOTAL REVENUE $1,820,756

Expense Breakdown

Grants Paid $0
Salaries & Benefits $587,133
Fundraising Expenses $110,868
Program Expenses $1,281,625
Other Expenses $898,082
TOTAL EXPENSES $1,485,215

Year-over-Year Comparison

2024 2023 Change
Revenue $1,820,756 $1,286,761 +0.4%
Expenses $1,485,215 $977,156 +0.5%
Net Income $335,541 $309,605 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
26
Independent Members
26
Employees
N/A
Volunteers
42

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$80,606
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID BROOKS Executive Direc 40.00
Officer
$80,606 $0 $80,606
BECKIE WILLIAMS Secretary 4.00
Officer Director
$0 $0 $0
LYLE COURTNAGE Chairman 4.00
Officer Director
$0 $0 $0
BRIAN NEILSEN Past Chair 4.00
Officer Director
$0 $0 $0
LEE JESTER Director 2.00
Director
$0 $0 $0
STEVE LUEBECK Director 2.00
Director
$0 $0 $0
WILL TRIMBATH Vice Chair 4.00
Officer Director
$0 $0 $0
DANIEL HORGAN Director 2.00
Director
$0 $0 $0
JOHN ROSEBERRY Director 2.00
Director
$0 $0 $0
ANDY MOORE Director 2.00
Director
$0 $0 $0
MARK PETERSON Treasurer 4.00
Officer Director
$0 $0 $0
ROY MORRIS Director 2.00
Director
$0 $0 $0
FORREST JAY Director 2.00
Director
$0 $0 $0
JIM STUTZMAN Director 2.00
Director
$0 $0 $0
DAVID WARD Director 2.00
Director
$0 $0 $0
BRANDON DWYER Director 2.00
Director
$0 $0 $0
DAVE BALLMAN Director 2.00
Director
$0 $0 $0
MIKE GEARY Director 2.00
Director
$0 $0 $0
BRAD PLATT Director 2.00
Director
$0 $0 $0
MARITA VALENCIA Director 2.00
Director
$0 $0 $0
TIM LINEHAN Director 2.00
Director
$0 $0 $0
WADE FREDENBERG Director 2.00
Director
$0 $0 $0
HARRY MURPHY Director 2.00
Director
$0 $0 $0
ALAN GERSTENECKER Director 2.00
Director
$0 $0 $0
BRYON MCBRIDE Director 2.00
Director
$0 $0 $0
TRACY WENDT Director 2.00
Director
$0 $0 $0
TOM CAFFREY Director 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,820,756 $1,485,215 $2,503,594 $335,541
2024 $1,286,761 $977,156 $2,182,744 $309,605
2023 $1,002,742 $808,389 $1,880,942 $194,353
2022 $666,648 $921,424 $1,500,576 $-254,776
2021 $756,296 $532,222 $1,775,877 $224,074
2020 $614,673 $587,241 $1,339,068 $27,432
2018 $721,162 $522,336 $1,493,160 $198,826
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