New Mexico High School Rodeo Association
- Assets
- $207.5k
- Revenue
- $500.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Portales, NM
- Founding
- 02/1998
- Data as of
- 08/2021
- EIN
- 85-0368632
Organization Overview
New Mexico High School Rodeo Association is located in Portales, NM. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico High School Rodeo Association 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 08/2021, New Mexico High School Rodeo Association generated $500.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $453.8k during the year ending 08/2021. While expenses have increased by 11.7% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF HIGH SCHOOL RODEO ATHLETES
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW MEXICO HIGH SCHOOL RODEO ASSOCIATION IS AN ORGANIZATION ESTABLISHED TO PROMOTE HEALTHY AND FAIR COMPETITION AMONG HIGH SCHOOL STUDENTS WHO CHOOSE TO BECOME MEMBERS. YEAR-END AWARDS ARE PRESENTED TO THE TOP FINISHERS.
SCHOLARSHIPS ARE AWARDED BASED ON SCHOLASTIC ACHIEVEMENT AND NEED. ALL APPLICATIONS ARE JUDGED BY AN INDEPENDENT PANEL OF JUDGES. GRADUATION SENIORS ARE ELIGIBLE FOR THESE SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kassandra Buras Secretary | Officer | 10 | $19,250 |
Robert Detweiler Co Ex-Officio | Officer | 2 | $0 |
Jamey Shiver Vice-President | Officer | 5 | $0 |
Bobby Greigo Director | Trustee | 2 | $0 |
Marty Mathis Director | Trustee | 2 | $0 |
Russell Sullivan Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $146,250 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $353,808 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $500,058 |
| Total Program Service Revenue | $0 |
| Investment income | $73 |
| 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 | $500,131 |
| 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 | $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 | $2,163 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $500 |
| Office expenses | $12,229 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $44,399 |
| 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 | $4,784 |
| All other expenses | $122,281 |
| Total functional expenses | $453,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $152,528 |
| Savings and temporary cash investments | $54,939 |
| 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 | $207,467 |
| 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 | $207,467 |
| Total liabilities and net assets/fund balances | $207,467 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Mexico High School Rodeo Association has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Singleton Ranch Foundation Santa Monica, CA PURPOSE: SCHOLARSHIP FUND | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Conference U S A Dallas, TX | $22,244,952 | $50,435,525 |
Arizona Interscholastic Association Inc Phoenix, AZ | $3,412,010 | $9,773,522 |
Western Athletic Conference Arlington, TX | $8,277,320 | $9,099,904 |
Texas Association For Health Physical Education Recreation & Round Rock, TX | $119,110 | $649,644 |
Carroll Athletic Booster Club Southlake, TX | $132,287 | $529,083 |
Lamar Athletic Booster Club Houston, TX | $210,281 | $471,246 |
New Mexico High School Rodeo Association Portales, NM | $207,467 | $500,131 |
Clements High School Athletic Booster Club Inc Sugar Land, TX | $132,813 | $94,204 |
The Woodlands High School Golf Booster Club The Woodlands, TX | $47,603 | $0 |
Marion P Gallin High School Sports Endowment Trust Tucson, AZ | $910,468 | $73,197 |
Houston Cougars Foundation Inc Houston, TX | $3,595,819 | $253,061 |
Marcus High School Basketball Booster Club Flower Mound, TX | $53,625 | $0 |