Professional Rodeo Cowboys Association Inc is located in Colorado Springs, CO. The organization was established in 1979. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Professional Rodeo Cowboys Association Inc 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 12/2021, Professional Rodeo Cowboys Association Inc generated $2.3m 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 (4.1%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRORODEO CIRCUITS ORGANIZE, ADVERTISE AND STAGE CIRCUIT FINALS RODEO EVENTS AND SERVE AS A CONDUIT FOR DISTRIBUTING PRIZE MONEY AND AWARDS FROM SPONSORS AND CONTRIBUTORS TO PROFESSIONAL RODEO ATHLETES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZING, ADVERTISING AND STAGING CIRCUIT FINALS RODEOS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tony Reina Texas Circuit President | Officer | 10 | $4,000 |
Troy Weekley Southeastern Circuit Presiden | Officer | 10 | $4,000 |
Bronc Rumford Prairie Circuit President | Officer | 10 | $4,000 |
Johnny Zamrzla Claifornia Prorodeo Circuit | Officer | 10 | $4,000 |
Ryan Shaw Wilderness Circuit President | Officer | 10 | $4,000 |
Tony Zembik Turquoise Circuit President | Officer | 10 | $4,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $52,876 |
Fundraising events | $0 |
Related organizations | $290,401 |
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 | $343,277 |
Total Program Service Revenue | $1,907,791 |
Investment income | $197 |
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 | $28,468 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,279,733 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $29,242 |
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 | $4,451 |
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 | $26,587 |
Information technology | $6,176 |
Royalties | $0 |
Occupancy | $0 |
Travel | $17,765 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,037 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $20,614 |
Total functional expenses | $1,999,351 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,596,529 |
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 | $0 |
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 | $1,596,529 |
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 | $0 |
Total liabilities | $0 |
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 | $1,596,529 |
Total liabilities and net assets/fund balances | $1,596,529 |
Over the last fiscal year, we have identified 1 grants that Professional Rodeo Cowboys Association Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Collinson Fam Foundation Peachtree Corners, GA PURPOSE: UNRESTRICTED | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Professional Rodeo Cowboys Association Inc Colorado Springs, CO | $22,820,319 | $14,719,037 |
Usa Softball Inc Oklahoma City, OK | $9,724,189 | $12,147,216 |
Snowsports Industries America Inc Park City, UT | $11,506,262 | $291,187 |
National Archery Association Of The United States Colorado Springs, CO | $3,044,425 | $3,665,177 |
Womens Professional Rodeo Association Colorado Springs, CO | $3,574,834 | $2,427,229 |
Professional Rodeo Cowboys Association Inc Colorado Springs, CO | $1,596,529 | $2,279,733 |
Professional Golfers Association Of America Colorado Section Larkspur, CO | $1,302,455 | $1,728,752 |
International Professional Rodeo Association Inc Oklahoma City, OK | $413,422 | $1,797,128 |
Nebraska Section Professional Golfers Association Of America Inc Lincoln, NE | $808,117 | $1,402,090 |
Nebraska Sports Council Lincoln, NE | $383,576 | $1,207,530 |
Sports Turf Managers Association Lawrence, KS | $2,751,047 | $564,736 |
National Strength And Conditioning Association Foundation Colorado Springs, CO | $2,985,275 | $182,185 |