Professional Armed Forces Rodeo Association
Nonprofit profile at a glance
- EIN
- 873321547
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2021
- Location
- Pauls Valley, OK, USA
- Phone
- 4322149661
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Military, Veterans' Organizations
Reported finances
- Revenue
- $87,584
- Expenses
- $34,098
- Assets
- $81,963
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Aaron Auld (President)
- Michael Hall (Vice President)
People named in this filing
- Aaron Auld (President)
- Michael Hall (Vice President)
- Eric Walnofer (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of PAFRA is to provide a Veterans based, Values oriented Rodeo Association that empowers its members to Serve their Communities through Servant Leadership and Rodeo.
What it reported doing in 2024
The Professional Armed Forces Rodeo Association (PAFRA) is a 501(c)(3) nonprofit organization whose exempt purpose is to support and honor U.S. military service members, veterans, and their families through professional rodeo competition. PAFRA provides opportunities for active-duty military, reservists, National Guard members, veterans, and retirees to participate in and enjoy the sport of rodeo in a supportive and patriotic environment.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 73
- Sustainability: 71
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 38.9%; rating input score 39
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 61.1%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 2.4; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -43.2% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -42.7% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 38.9% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $34K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.