Gilroy Rodeo Association

Nonprofit profile at a glance

EIN
830763894
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Shingle Springs, CA, USA
Phone
8315964199
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Equestrian

Official website

Reported finances

Revenue
$944,851
Expenses
$852,388
Assets
$393,324
Liabilities
$129,993

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

People named in this filing

  • ERIK MARTIN (Director)
  • JADE YNZUNZA-KATEN (Director)
  • ALYSSA BROWN (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Gilroy Rodeo Association (GRA) is organized exclusively for the purpose of educating the public and informing the youth of Santa Clara County and surrounding areas in the art and history of the cowboy and cowgirl rodeo and about agricultural matters. This purpose is accomplished by GRA hosting an annual, family-friendly rodeo and events that educates and entertains the public, supports Santa Clara County youth, showcases Western heritage and provides year-round educational support within the community. The Gilroy Rodeo Association is an all-volunteer, not-for-profit public benefit corporation. It is in pursuit of these goals that GRA sponsors annual public fairs, exhibitions, rodeos and other special events. These events offer the public a unique opportunity to be exposed to and informed about the many areas of agriculture including livestock breeding and improvement of breeds, horticulture, horses, poultry, swine and resource management and conservation.

Operating model

Revenue model
Earned-program. 79% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 92
  • Accountability: 18
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.5%; rating input score 89
  • Program expense ratio: 98.2%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 9.8%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.33; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 29.4% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 31.7% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 40.9% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 88.5% of revenue deployed · 98.2% of spending went to programs
  • Governance: 0 of 10 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $837K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Accountability: Independent voting board scored 0/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.