North Texas High School Rodeo Association
- Assets
- $240.3k
- Revenue
- $196.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Saginaw, TX
- Founding
- 08/1976
- Data as of
- 06/2020
- EIN
- 23-7322039
Organization Overview
North Texas High School Rodeo Association is located in Saginaw, TX. The organization was established in 1976. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, North Texas High School Rodeo Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Texas High School 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 06/2020, North Texas High School Rodeo Association generated $196.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $204.8k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
NORTH TEXAS HIGH SCHOOL RODEO ASSOCIATION (NTHSRA) GOVERNS 28+ CHAMPIONSHIP ASSOCIATION SANCTIONED RODEOS EACH YEAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THESE EXPENSES ACCOMPLISHED THE ORGANIZATIONS PURPOSE OF GOVERNING 28+ RODEOS THIS PAST YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Luschen President | Officer | 15 | $0 |
Don Mckenzie Vice President | Officer | 15 | $0 |
Lanna Lafountain Vice President | Officer | 15 | $0 |
Janie Finney Secretary | Officer | 15 | $0 |
Donna Snow Treasurer | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,199 |
| Investment income | $305 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,088 |
| Net Income from Gaming Activities | -$8,919 |
| Net Income from Sales of Inventory | $1,537 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $196,087 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $20,425 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $14,978 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,516 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,995 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,429 |
| 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 | $5,596 |
| Insurance | $527 |
| All other expenses | $0 |
| Total functional expenses | $204,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,326 |
| Savings and temporary cash investments | $36,124 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $67,210 |
| Total assets | $240,269 |
| Accounts payable and accrued expenses | $320 |
| 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 | $320 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $239,949 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that North Texas High School Rodeo Association has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Southwestern Exposition And Livestock Show Fort Worth, TX PURPOSE: EDUCATION | $5,000 |
Southwestern Exposition And Livestock Show Fort Worth, TX PURPOSE: EDUCATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Polo Club Houston, TX | $639,620 | $2,717,907 |
Oklahoma Quarter Horse Racing Association Inc Edmond, OK | $3,393,007 | $2,258,601 |
West Texas Cutting Horse Association Amarillo, TX | $317,039 | $987,985 |
Oklahoma Quarter Horse Association Inc Oklahoma City, OK | $788,287 | $878,265 |
Texas Senior Pro Rodeo Assoc Inc Gatesville, TX | $32,489 | $804,765 |
Houston Dressage Society Inc Spring, TX | $252,483 | $611,801 |
New Mexico Horsemens Association Albuquerque, NM | $18,197,774 | $46,287 |
Will Rogers Range Riders Amarillo, TX | $3,718,415 | $564,661 |
Xit Rodeo And Reunion Inc Dalhart, TX | $366,132 | $462,089 |
Los Fresnos Rodeo Committee Inc Los Fresnos, TX | $560,072 | $542,122 |
Texas Youth Rodeo Association Caldwell, TX | $57,821 | $386,806 |
Lone Star High School Rodeo Assn Inc Kemp, TX | $65,536 | $437,370 |