Pasadena Livestock Show & Rodeo Association Inc
- Assets
- $639.1k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 3
- Location
- Pasadena, TX
- Founding
- 05/1986
- Data as of
- 12/2021
- EIN
- 76-0183441
Organization Overview
Pasadena Livestock Show & Rodeo Association Inc is located in Pasadena, TX. The organization was established in 1986. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Pasadena Livestock Show & Rodeo Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pasadena Livestock Show & 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 12/2021, Pasadena Livestock Show & Rodeo Association Inc generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE AGRICULTURAL EDUCATION AND AWARENESS FOR THE COMMUNITY, ALLOW LOCAL YOUTH THE OPPORTUNITY TO EXHIBIT LIVESTOCK IN THE ANNUAL LIVESTOCK SHOW, AND AWARD SCHOLARSHIPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE AGRICULTURAL EDUCATION AND AWARENESS FOR THE COMMUNITY AND ALLOW AREA YOUTH TO EXHIBIT LIVESTOCK IN THE ANNUAL LIVESTOCK SHOW
SCHOLARSHIPS TO AREA HIGH SCHOOL STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clint Castellow President | Officer | 0.5 | $0 |
Jim Dutton 1st Vice-President | Officer | 0.5 | $0 |
Sherry Bufkin VP Of Finance | Officer | 0.5 | $0 |
Greg Jalowy Vice-President | Officer | 0.5 | $0 |
Tracy Mason Vice President | Officer | 0.5 | $0 |
Trey Scott Vice-President | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $48,052 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $235,086 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $283,138 |
| Total Program Service Revenue | $1,378,596 |
| Investment income | $1,840 |
| 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 | $1,663,574 |
| 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. | $97,467 |
| Compensation of current officers, directors, key employees. | $24,367 |
| 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 | $750 |
| 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 | $9,129 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $34,060 |
| All other expenses | $44,889 |
| Total functional expenses | $1,552,432 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,970 |
| Savings and temporary cash investments | $283,158 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $83,971 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $49,000 |
| 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 | $639,099 |
| Accounts payable and accrued expenses | $148,493 |
| 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 | $148,493 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $490,606 |
| Total liabilities and net assets/fund balances | $639,099 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Pasadena Livestock Show & Rodeo Association Inc has recieved totaling $1,574.
| Awarding Organization | Amount |
|---|---|
Sempra Energy Foundation San Diego, CA PURPOSE: HEALTH & HUMAN SERVICES | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $74 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas & Southwestern Cattle Raisers Association Fort Worth, TX | $17,279,002 | $9,900,679 |
National Reining Horse Association Oklahoma City, OK | $11,899,947 | $11,137,373 |
National Livestock Credit Corporation Oklahoma City, OK | $150,624,686 | $7,595,565 |
Oklahoma Cattlemens Association Inc Oklahoma City, OK | $1,815,271 | $1,815,588 |
Ranching Heritage Association Lubbock, TX | $3,709,330 | $1,901,466 |
Texas Dairy Herd Improvement Assn Canyon, TX | $291,447 | $1,634,168 |
Bob L Herd Foundation Tyler, TX | $31,980,436 | $2,127,283 |
Pasadena Livestock Show & Rodeo Association Inc Pasadena, TX | $639,099 | $1,663,574 |
American Brahman Breeders Assn Bryan, TX | $2,272,535 | $1,609,526 |
Lee County Junior Livestock Show Incorporated Giddings, TX | $540,745 | $1,026,033 |
Navarro County Exposition Center Inc Corsicana, TX | $721,704 | $915,827 |
Santa Gertrudis Breeders International Kingsville, TX | $856,701 | $800,633 |