Vale Fourth Inc

Nonprofit profile at a glance

EIN: 331092387
IRS 990-EZ coverage: 2014–2024
Forms available: Form 990-EZ 2024
Location: Vale, OR, USA
Rating: 83
Verdict: STRONG
Rating confidence: Moderate
Sector: Community Improvement, Capacity Building N.E.C.

Reported finances

Revenue: $153,727
Expenses: $128,051
Assets: $93,065

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

JIM MENDIOLA (President)
CHAD COOPER (Vice President)

People named in this filing

JIM MENDIOLA (President)
MERIDETH BOCHENEK (Treasurer)
GINNY COOPER (Secretary)

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

Provide events educating the public on western heritage

What it reported doing in 2024

Hosted vale fourth of july rodeo. Events include bull-riding, bronc riding, roping and other traditional western events viewed by over 5,000 people. The rodeo provides the general public with the opportunity to learn about western heritage and encourages youth to participate in rodeo by sponsoring events for ages 4 through 18. Events include mutton busting, steer riding, roping, barrel racing and queen events.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

Financial Efficiency: 89
Transparency & Controls: 82
Sustainability: 54
Growth: 60

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 83.3%; rating input score 83
Program expense ratio: 100%; rating input score 100

Transparency & Controls

Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: 16.7%; rating input score 69; 69th percentile among comparable filings
Total-asset coverage ratio: 0.73; rating input score 49; 49th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

Program expense growth: -0.8% per year; rating input score 0; 27th percentile among comparable filings
Revenue growth: 1.6% per year; rating input score 100; 29th percentile among comparable filings
Asset growth: 11.5% per year; rating input score 100; 65th percentile among comparable filings

Details

Where the money goes: 83.3% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 2 filed program accomplishments · $128K in reported program spending
Leadership: top reported pay $0 · 4 people listed
Consistency: 6 of 6 current checks pass
Schedules: 2 filed schedules
Filing history: 10 filing years from 2014 to 2024
Contacts: How to reach this organization
Money network: Resolved incoming and outgoing counterparties from filed money flows.
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 — Growth: Program expense growth scored 0/100.
Moderate — Sustainability: Total-asset coverage ratio scored 49/100.