The Elks Youth Rodeo

Nonprofit profile at a glance

EIN
800570568
IRS 990-EZ coverage
2010–2019
Forms available
Form 990-EZ 2019
Location
Sheridan, WY, USA
Phone
3077524007
Rating confidence
Limited
Sector
Equestrian

Reported finances

Revenue
$1,120
Expenses
$3,672
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

1 person listed

People named in this filing

  • ROBERT STRAUSER (COMMITTEEMAN)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Put on a rodeo for any youth under age of 18, charge reasonable entry fees and provide substanial prizes so as to encourge children to practice and excel in the sport of rodeo.

What it reported doing in 2019

After holding the rodeo for 26 years this annual event was terminated in the fiscal year 2019-2020. The last rodeo was held august 25 and 26 2018. The elks youth rodeo was completely liquidated. Donations received in advance were returned to sponsors. A few outstanding checks from the august 2018 rodeo cleared the bank in 2019. Supplies and tools that were usuable for the 4-h county fair were donated to the sheridan county fairgrounds association on april 26, 2019. Remaining supplies/small tools were sold and the balance in the bank account was donated to the sheridan county 4-h council.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 82
  • Sustainability: 9
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 84.7%; rating input score 85

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -227.9%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd 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: -3.5% per year; rating input score 0; 43rd percentile among comparable filings
  • Revenue growth: -3.9% per year; rating input score 0; 42nd percentile among comparable filings
  • Asset growth: -2.6% per year; rating input score 0; 32nd percentile among comparable filings

Details

  • Where the money goes: 84.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2010 to 2019
  • 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.

  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.