Coarsegold Stampede C/o Kelly Anderson

Nonprofit profile at a glance

EIN
831445088
IRS 990-EZ coverage
2019–2023
Forms available
Form 990-EZ 2023
Location
Coarsegold, CA, USA
Phone
5593233476
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Recreational Centers

Reported finances

Revenue
$121,905
Expenses
$170,560
Assets
$31,769

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • TODD TALENT (PRESIDENT)

People named in this filing

  • TODD TALENT (PRESIDENT)
  • KELLY ANDERSON (VICE PRESIDE)
  • GINA SAMPER (SECRETARY)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The specific purpose of the corporation shall include without limitation, organizing, hosting, fundraising and related activities connected to rodeo events and all activities related to or incidental to agricultural, rodeo and other events for charitable purposes.

What it reported doing in 2023

The primary activity performed by the organization is the annual coarsegold rodeo. This is a annual fundraising event put on between april and may each year, for the purpose of raising money for youth organizations in eastern madera county. The net proceeds from the event go to fund local schools, local 4-h organizations, ffa boosters, and other charitable youth organizations or its members through grants, materials and equipment; accomplishing the organizations primary purpose. The organization inspires community involvement with local residents in connection with fundraising activities related to the annual rodeo, which accomplishes the associations secondary purpose. The annual rodeo takes place in coarsegold, California organized by its board of directors, volunteers and local business.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 14
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -39.9%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.19; rating input score 17; 17th 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: 17.3% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 33.3% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $171K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 to 2023
  • 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 — Sustainability: Operating margin scored 3/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.