National Old Timers Rodeo
- Assets
- -$27.9k
- Revenue
- $133.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Wickenburg, AZ
- Founding
- 01/1983
- Data as of
- 12/2021
- EIN
- 81-0403783
Organization Overview
National Old Timers Rodeo is located in Wickenburg, AZ. The organization was established in 1983. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Old Timers Rodeo is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, National Old Timers Rodeo generated $133.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $116.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) 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
PROMOTION OF RODEOS FOR THE PLEASURE AND RECREATION OF MEMBERSHIP AND THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF RODEOS FOR MEMBERSHIP AND THE GENERAL PUBLIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Brewer Director | OfficerTrustee | 1 | $0 |
Dirt Terrell Chairman - Tie Down Roping | OfficerTrustee | 1 | $0 |
Lex Hubbard Director | OfficerTrustee | 1 | $0 |
Bill Sharber Director | OfficerTrustee | 1 | $0 |
Curt Johnston President | Officer | 1 | $0 |
Cindy Gruwell Director - Breakaway Roping | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $38,030 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $38,030 |
| Total Program Service Revenue | $91,926 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $133,703 |
| 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. | $30,400 |
| 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 | $2,167 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,824 |
| Fees for services: Accounting | $2,860 |
| 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 | $2,426 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,169 |
| Travel | $596 |
| 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 | $5,480 |
| All other expenses | $0 |
| Total functional expenses | $116,648 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$29,170 |
| 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 | $1,295 |
| 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 | -$27,875 |
| 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 | -$89,644 |
| Total liabilities | -$89,644 |
| Net assets without donor restrictions | $61,769 |
| 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 | -$27,875 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reno Rodeo Association Reno, NV | $7,682,424 | $7,267,043 |
J F Shea Therapeutic Riding Center Inc San Juan Capistrano, CA | $18,381,911 | $5,838,761 |
The Horsepark At Woodside Ltd Woodside, CA | $5,825,426 | $3,874,613 |
Paso Robles Horse Park Foundation Inc Paso Robles, CA | $8,466,644 | $4,825,746 |
Arizona Cutting Horse Association Sonoita, AZ | $358,442 | $3,211,338 |
Professional Association Of Therapeutic Horsemanship Intl Westminster, CO | $1,976,775 | $2,827,086 |
Colorado Springs Rodeo Association Colorado Springs, CO | $74,186 | $2,419,320 |
National Center For Equine Facilitated Therapy Woodside, CA | $7,890,170 | $1,276,046 |
Clovis Horse Show & Festival Assn Clovis, CA | $2,523,034 | $1,947,993 |
Rbb Inc Redwood City, CA | $80,395 | $1,535,893 |
Tucson Rodeo Committee Inc Tucson, AZ | $1,987,361 | $2,029,512 |
Rancho Riding Club Rancho Santa Fe, CA | $2,274,734 | $1,345,001 |