Foothills Youth Rodeo Association is located in Spartanburg, SC. The organization was established in 2006. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foothills Youth Rodeo 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 02/2022, Foothills Youth Rodeo Association generated $283.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $258.0k during the year ending 02/2022. While expenses have increased by 11.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE TEAMWORK AMONG YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH RODEOS WHICH PROMOTES TEAMWORK, DEDICATION, DISCIPLINE AND FOCUS TO YOUTH, RECEIVING REWARDS FOR CONSISTENT PARTICIPATION AND OUTSTANDING PERFORMANCE THROUGHOUT THE SEASON.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Margaret Hurley Secretary | Officer | 15 | $0 |
Elizabeth Poteat Treasurer | Officer | 15 | $0 |
Madeleine Johnson President | Officer | 15 | $0 |
Nathan Hawkins Vice President | Officer | 15 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $19,871 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $23,835 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $43,706 |
Total Program Service Revenue | $233,113 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $6,787 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $283,606 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,003 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $5,252 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $26,550 |
Travel | $0 |
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 | $0 |
Insurance | $1,825 |
All other expenses | $3,114 |
Total functional expenses | $257,960 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $32,744 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $32,744 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $32,744 |
Net assets with donor restrictions | $0 |
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 | $32,744 |
Organization Name | Assets | Revenue |
---|---|---|
Georgia 4-H Club Foundation Cooperative Extension Ser Athens, GA | $9,034,027 | $3,205,781 |
South Carolina Future Farmers Of America Foundation Saluda, SC | $16,001,969 | $3,821,690 |
Future Farmers Of America And Its State Associations & Local Chapter Athens, GA | $253,364 | $1,029,563 |
The Georgia Ffa Foundation Inc Swainsboro, GA | $1,470,155 | $1,228,156 |
Future Farmers Of America Raleigh, NC | $3,544,650 | $922,524 |
Future Farmers Of America And Its State Associations & Local Chapter Columbia, SC | $596,048 | $996,834 |
Family Career And Community Leaders Of America Inc Bogart, GA | $457,409 | $390,905 |
National Association Of Extension 4h Agents Inc Raleigh, NC | $1,415,770 | $677,360 |
Foothills Youth Rodeo Association Spartanburg, SC | $32,744 | $283,606 |
Family Career And Community Leaders Of America Inc Havelock, NC | $169,385 | $0 |
Thomas County Junior Livestock Association Of Georgia Inc Thomasville, GA | $50,054 | $0 |
Georgia Extension 4-H Foundation Appling, GA | $125,639 | $106,463 |