National High School Rodeo Association Inc
- Assets
- $13.6m
- Revenue
- $7.4m
- Investments
- $3.5m
- Employees
- 11
- Location
- Denver, CO
- Founding
- 09/1981
- Data as of
- 08/2023
- EIN
- 46-6015501
Organization Overview
National High School Rodeo Association Inc is located in Denver, CO. The organization was established in 1981. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 08/2023, National High School Rodeo Association Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National High School Rodeo Association Inc 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 08/2023, National High School Rodeo Association Inc generated $7.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $7.9m during the year ending 08/2023. While expenses have increased by 3.7% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE SPORT OF RODEO AND THE HIGHEST TYPE OF CONDUCT AND SPORTSMANSHIP, AND EXPOSE ITS POSITIVE IMAGE TO THE GENERAL PUBLIC; PRESERVE THE WESTERN HERITAGE; OFFER A PRIVILEGE OF FAMILY BONDING; OFFER AN OPPORTUNITY OF CONTINUING EDUCATION; AND MAINTAIN THE HIGHEST REGARD FOR THE LIVESTOCK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NATIONAL HIGH SCHOOL RODEO ASSOCIATION, ANNUALLY, PRODUCES 2 NATIONAL FINALS RODEOS. CONTESTANTS FOR THESE RODEOS ARE COMPRISED OF STATE/PROVINCE CHAMPIONS, CONSISTING OF THE TOP FOUR WINNERS IN EACH EVENT. THIS NORMALLY BOAST 1,750 CONTESTANTS FOR OUR HIGH SCHOOL FINALS AND 1,200 CONTESTANTS FOR OUR JUNIOR HIGH FINALS. THE NHSRA AWARDS THOUSANDS OF AWARDS AND SCHOLARSHIPS AT THE STATE/PROVINCIAL AND NATIONAL LEVEL. IN 2023, THE ASSOCIATION AS A WHOLE, AWARDED 1.9 MILLION IN COLLEGE SCHOLARSHIPS, TRADE SCHOOL SCHOLARSHIPS, AND AWARDS TO JUNIOR HIGH AND HIGH SCHOOL STUDENTS. THE NHSRA WORKS TIRELESSLY TO INCREASE THE NUMBER OF SCHOLARSHIPS AND AWARDS THAT ARE GIVEN EACH YEAR.
THE NATIONAL HIGH SCHOOL RODEO ASSOCIATION CONSISTS OF 14,500-PLUS MEMBERS, MADE UP FROM 44 STATES, 5 PROVINCES OF CANADA, AUSTRALIA, MEXICO, AND NEW ZEALAND. OUR MEMBERSHIP BASE IS UNIQUE AS MEMBERS GRADUATE ANNUALLY AND NEW MEMBERS ARE OBTAINED AS THEY MOVE TO THE ELIGIBLE CLASS.
THE NHSRA TIMES MAGAZINE IS THE OFFICIAL PUBLICATION OF THE NATIONAL HIGH SCHOOL RODEO ASSOCIATION. PRINTED 11 TIMES A YEAR (MONTHLY, WITH THE EXCEPTION OF AUGUST), IT OFFERS FEATURE STORIES ON NHSRA MEMBERS, DETAILS ON NHSRA PROGRAMS AND OTHER INFORMATION THAT IS IMPORTANT TO ASSOCIATION MEMBERS. ISSUES OF THE FOUR-COLOR, GLOSSY MAGAZINE RANGE FROM 60 TO MORE THAN 100 PAGES DEPENDING ON THE TIME OF YEAR. FOR MORE INFORMATION ON THE NHSRA TIMES, VISIT WWW.NHSRA.COM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Conklin President | OfficerTrustee | 1 | $0 |
Dale Christensen 1st Vice Pre | OfficerTrustee | 1 | $0 |
Brent Robertson 2nd Vice Pre | OfficerTrustee | 1 | $0 |
Rodney Glenn Past Preside | OfficerTrustee | 1 | $0 |
Dirt Terrell Member At La | OfficerTrustee | 1 | $0 |
Jay Wagner Member At La | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,028,107 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,292,760 |
| Noncash contributions included in lines 1a–1f | $1,111,018 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,320,867 |
| Total Program Service Revenue | $3,949,839 |
| Investment income | $141,942 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,425,822 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $596,550 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $194,363 |
| Compensation of current officers, directors, key employees. | $124,410 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $582,965 |
| Pension plan accruals and contributions | $8,958 |
| Other employee benefits | $25,551 |
| Payroll taxes | $47,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,255 |
| Fees for services: Accounting | $28,417 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,942 |
| Advertising and promotion | $400,749 |
| Office expenses | $441,424 |
| Information technology | $44,686 |
| Royalties | $0 |
| Occupancy | $137,615 |
| Travel | $443,533 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $74,022 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,440 |
| Insurance | $93,648 |
| All other expenses | $1,457,851 |
| Total functional expenses | $7,928,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,779,005 |
| Savings and temporary cash investments | $3,808,928 |
| Pledges and grants receivable | $2,886,946 |
| Accounts receivable, net | $240,252 |
| 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 | $82,713 |
| Net Land, buildings, and equipment | $18,742 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,500,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $239,332 |
| Total assets | $13,555,918 |
| Accounts payable and accrued expenses | $389,803 |
| Grants payable | $0 |
| Deferred revenue | $989,416 |
| 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 | $235,987 |
| Total liabilities | $1,615,206 |
| Net assets without donor restrictions | $8,739,765 |
| Net assets with donor restrictions | $3,200,947 |
| 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 | $13,555,918 |