Mitchell County Livestock Show Association Inc
Nonprofit profile at a glance
- EIN
- 263789197
- IRS 990-EZ coverage
- 2009–2021
- Forms available
- Form 990-EZ 2021
- Location
- Colorado City, TX, USA
- Phone
- 2542053667
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Agricultural Programs
Reported finances
- Revenue
- $182,105
- Expenses
- $174,486
- Assets
- $41,071
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- DALTON MADDOX (PRESIDENT)
- GEORGE HARDEGREE (VICE PRESIDENT)
People named in this filing
- DALTON MADDOX (PRESIDENT)
- GEORGE HARDEGREE (VICE PRESIDENT)
- ANJANNETTE ANDERS (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 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mitchell county livestock show association, inc. Runs an annual livestock show open to all mitchell county youth who are members of mitchell county 4-h or ffa clubs. Each year, the youth which belong to these clubs, engage in the active participation of a county stock show project in one of the following livestock categories: steers, heifers, goats, swine and lambs.the livestock show is a culmination of the year's project development. The livestock categories are judged and placed by outside judges based on the animals growth and performance during the past year. Once the show has been completed the animals are then eligible according to placing order to be auctioned off to the highest bidder in the premium auction. The auction money is given to the participants based on what the animal brought in the auction ring.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- 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 - 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: 96
- Transparency & Controls: 100
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.1%; rating input score 95
- Program expense ratio: 99.3%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 4.2%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 79; 79th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 0.6% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 1.1% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: 19.6% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 95.1% of revenue deployed · 99.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $173K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2009 to 2021
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.