Womens Professional Rodeo Association
- Assets
- $3.8m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 11
- Location
- Colorado Springs, CO
- Founding
- 05/1961
- Data as of
- 12/2022
- EIN
- 73-1123138
Organization Overview
Womens Professional Rodeo Association is located in Colorado Springs, CO. The organization was established in 1961. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Womens Professional Rodeo Association employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Professional Rodeo Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Womens Professional Rodeo Association generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $3.0m during the year ending 12/2022. While expenses have increased by 4.4% 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 FEMALE PROFESSIONAL RODEO COMPETITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A FAIR REPRESENTATION OF THE ORGANIZATION'S MEMBERSHIP AND THE PROPER RECORDING AND DISBURSEMENT OF THE MEMBERS' WINNINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darla Lindt Executive Se | Officer | 40 | $53,846 |
Jimmie Munroe President | OfficerTrustee | 20 | $27,955 |
Heidi Schmidt Uecker Vice Preside | OfficerTrustee | 20 | $15,193 |
Lois Ferguson Texas Direct | Trustee | 8 | $1,800 |
Kaylee Gallino Badlands Dir | Trustee | 8 | $1,800 |
Julie Herman Wilderness D | Trustee | 8 | $1,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $89,122 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,122 |
| Total Program Service Revenue | $2,298,937 |
| Investment income | $6,957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$1,988 |
| Net Gain/Loss on Asset Sales | -$2,261 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,362,344 |
| 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. | $127,874 |
| Compensation of current officers, directors, key employees. | $41,201 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $323,971 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $52,195 |
| Payroll taxes | $32,599 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $65,080 |
| Fees for services: Accounting | $67,154 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,290 |
| Fees for services: Other | $0 |
| Advertising and promotion | $24,814 |
| Office expenses | $174,119 |
| Information technology | $58,157 |
| Royalties | $0 |
| Occupancy | $46,877 |
| Travel | $14,355 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $79,648 |
| Interest | $594 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,123 |
| Insurance | $118,796 |
| All other expenses | $360,299 |
| Total functional expenses | $3,023,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,393,061 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $186,373 |
| 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 | $80,901 |
| Net Land, buildings, and equipment | $626,897 |
| Investments—publicly traded securities | $308,858 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $207,682 |
| Total assets | $3,803,772 |
| Accounts payable and accrued expenses | $597,498 |
| Grants payable | $0 |
| Deferred revenue | $780,450 |
| 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 | $13,636 |
| Total liabilities | $1,391,584 |
| Net assets without donor restrictions | $2,412,188 |
| 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 | $3,803,772 |