Raton Rodeo Association
Nonprofit profile at a glance
- EIN
- 850283206
- IRS 990-EZ coverage
- 2011–2017
- Forms available
- Form 990-EZ 2017, Form 990-N 2010
- Location
- Raton, NM, USA
- Phone
- 5054457146
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $51,622
- Expenses
- $53,379
- Assets
- $22,522
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- MONTY COLANGELO (PRESIDENT)
- IRA SIMPSON (VICE PRESIDENT)
People named in this filing
- MONTY COLANGELO (PRESIDENT)
- NOEL COLANGELO (SECRETARY)
- PAM KRIZAN (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-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide educational scholarships
What it reported doing in 2017
Provide facility for 4-h club, raton high school rodeo club, and other non-profit associations.
Operating model
- Revenue model
- Earned-program. 82% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 79% for direct work, and 21% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72%; rating input score 72
- Program expense ratio: 73.3%; rating input score 73
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3.4%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 26.6% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: -3.7% per year; rating input score 0; 41st percentile among comparable filings
- Asset growth: -8.8% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 72% of revenue deployed · 73.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $39K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2011 to 2017
- 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.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.