Omak Stampede Inc
- Assets
- $198.9k
- Revenue
- $660.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Omak, WA
- Founding
- 12/1981
- Data as of
- 10/2021
- EIN
- 91-0751069
Organization Overview
Omak Stampede Inc is located in Omak, WA. The organization was established in 1981. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 10/2021, Omak Stampede Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omak Stampede Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 10/2021, Omak Stampede Inc generated $660.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $540.6k during the year ending 10/2021. 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
PROVIDE A WORLD CLASS PRCA RODEO WITH A FAMILY VENUE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A WORLD CLASS PRCA RODEO WITH A FAMILY VENUE WHICH ATTRACTS VISITORS FROM AROUND THE WORLD. THIS IS A MULTI-CULTURAL EVENT WORKING COOPERATIVELY WITH THE COLVILLE TRIBE. FUNDS GENERATED FROM THE EVENT ARE CONTRIBUTED IN PART TO THE CITY OF OMAK FOR PARK IMPROVEMENTS. THE EVENT ALSO PROMOTES BREAST CANCER AWARENESS AND CONTRIBUTES TO 3 LOCAL MAMMOGRAM PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Grooms Office Manager | Officer | 20 | $15,827 |
Leon Hoover President | OfficerTrustee | 5 | $0 |
George Dunckel 1st Vice President | OfficerTrustee | 2 | $0 |
Marilyn Oestreich Treasurer | OfficerTrustee | 2 | $0 |
Billy Fletcher Board Member | Trustee | 1 | $0 |
Jeff Demmitt Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $88,392 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,392 |
| Total Program Service Revenue | $356,351 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,354 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,916 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $176,489 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $660,511 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,915 |
| Grants and other assistance to domestic individuals. | $9,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $25,118 |
| Compensation of current officers, directors, key employees. | $25,118 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,985 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $648 |
| Payroll taxes | $5,675 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,588 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27,715 |
| Office expenses | $35,875 |
| Information technology | $0 |
| Royalties | $57,219 |
| Occupancy | $17,847 |
| Travel | $5,706 |
| 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 | $1,010 |
| Insurance | $7,892 |
| All other expenses | $12,642 |
| Total functional expenses | $540,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,916 |
| Savings and temporary cash investments | $6,363 |
| 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 | $6,654 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $198,933 |
| Accounts payable and accrued expenses | $1,508 |
| 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 | $1,508 |
| 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 | $197,425 |
| Total liabilities and net assets/fund balances | $198,933 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Omak Stampede Inc has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Hamilton Agricultural Youth Foundation Okanogan, WA PURPOSE: SUPPORT THE STAMPEDE QUEEN. | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Little Bit Therapeutic Riding Center Redmond, WA | $10,862,062 | $2,671,005 |
National Intercollegiate Rodeo Association Walla Walla, WA | $2,628,196 | $1,958,605 |
Caldwell Night Rodeo Caldwell, ID | $1,843,255 | $1,685,493 |
Idaho Cutting Horse Assn Inc Buhl, ID | $161,331 | $1,157,609 |
The Washington Hunters And Jumper Association Sammamish, WA | $298,303 | $1,154,615 |
Oregon Cutting Horse Association Sublimity, OR | $128,820 | $907,106 |
Oregon High School Equestrian Teams Inc Redmond, OR | $492,938 | $732,077 |
Farm-City Pro Rodeo Inc Hermiston, OR | $666,994 | $894,751 |
Omak Stampede Inc Omak, WA | $198,933 | $660,511 |
Washington State High School Rodeo Association Inc Ellensburg, WA | $285,215 | $575,000 |
Oregon Quarter Horse Assn Inc Newberg, OR | $71,850 | $553,265 |
Eagle Rodeo Inc Eagle, ID | $207,094 | $497,060 |