Clear Lake Rodeo Association
Nonprofit profile at a glance
- EIN
- 942267099
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Lakeport, CA, USA
- Phone
- 7074898652
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $108,875
- Expenses
- $86,344
- Assets
- $60,707
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- LOUIS RICCARDI (PRESIDENT)
People named in this filing
- CHERI GALASSI (DIRECTOR)
- LOUIS RICCARDI (PRESIDENT)
- REBEKAH A HOSKINS (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The lake county rodeo association is dedicated to keeping the western heritage and lifestyle alive in lake county ca. Through the production of the annual rodeo and other events. We will use our rodeo proceeds to support the community by awarding scholarships to deserving high school students in any of the lake county unified school districts, for both academic and vocational studies, plus make donations to local charitable support groups, seniors, underserved children, and veteran's groups.
What it reported doing in 2024
Put on a successful, profitable rodeo to benefit the lake county rural community.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Assets have declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Sustainability: 57
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.8%; rating input score 72
- Program expense ratio: 90.6%; rating input score 91
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 20.7%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 0.7; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 4.7% per year; rating input score 100; 46th percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: -0.6% per year; rating input score 0; 26th percentile among comparable filings
Details
- Where the money goes: 71.8% of revenue deployed · 90.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $78K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.