Perryton Rodeo Association Inc

Nonprofit profile at a glance

EIN
812919004
IRS 990-EZ coverage
2017–2025
Forms available
Form 990-EZ 2025
Location
Perryton, TX, USA
Phone
8064343438
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Equestrian

Reported finances

Revenue
$57,578
Expenses
$61,766
Assets
$59,144
Liabilities
$419

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

People named in this filing

  • PAM CHISUM (SECRETARY/TR)
  • JODY CHISUM (DIRECTOR)
  • BRUCE COWAN (VICE PRES/DI)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Perryton rodeo association organizes and puts on rodeos that advance the sport of rodeo for amateur participants and spectators from the general public in a manner that is not for profit of any shareholder or member. Pra is not focused on promoting the recreational or social interest of its members or any private interests. Secondly, the rodeos are produced to expressly include youth allowing them to engage in a positive, athletic and learning experience. Pra events foster the learning and honing of practical life skills in participants. Thirdly, the rodeo events are organized and executed in a positive way to bring people and activity to the local community. Perryton is a very small town and it's activities are intended to and do improve the local community from an economic and social welfare perspective. The additional people drawn into town for the events bring relief to many struggling businesses due to a recent downturn of economic activity in the area.

What it reported doing in 2025

A rodeo and bullfighting event were hosted in august of 2025 . They were held during the perryton tx annual wheatheart celebration. Over 2,000 spectators attended the two nights of rodeo activities. The event drew many people from outside the local area to our town. Additionally, there were participants and stock contractors in town also. It did include a large number of youth and brought people in to town to help spur the local economy at local retailers and restaurants.

Operating model

Revenue model
Earned-program. 65% 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

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 assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: 80

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: -7.3%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 0.96; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 3.2% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 1.6% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: -1.5% per year; rating input score 0; 33rd 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 · $62K 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: 9 filing years from 2017 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Sustainability: Operating margin scored 32/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.