Hillsboro Charity Tractor Pull Inc
Nonprofit profile at a glance
- EIN
- 372005188
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024
- Location
- Hillsboro, WI, USA
- Phone
- 6083933889
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $262,545
- Expenses
- $260,330
- Assets
- $8,285
- Liabilities
- $9,691
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- DONALD SLAMA (PRESIDENT)
- JAMES SLAMA (VICE PRESIDENT)
People named in this filing
- DONALD SLAMA (PRESIDENT)
- JAMES SLAMA (VICE PRESIDENT)
- SARAH KRAEMER (TREASURER/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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To organize and operate a charity tractor/truck pull, and to provide grants to other charitable organizations and those in need.
What it reported doing in 2024
The hillsboro charity tractor pull is an annual event where thousands of people come to the small town of hillsboro, Wisconsin to watch 3 truck and tractor pulls (friday evening, saturday afternoon and evening). Funds collected at the event is donated to local individuals and families experiencing personal hardship; anything from cancer to house fires.
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 83% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 82
- Accountability: 70
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.2%; rating input score 99
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 74.5%; rating input score 74; 47th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- 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: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0.8%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 1.17; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 1.2% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 0% per year; rating input score 100; 25th percentile among comparable filings
Details
- Where the money goes: 99.2% of revenue deployed · 100% of spending went to programs
- Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $260K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 17 of 18 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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: Governance controls: 4 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Moderate — Sustainability: Operating margin scored 41/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 4/100.