Wyoming State Bbq Championship and Bluegrass Festival

Nonprofit profile at a glance

EIN
270391033
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024
Location
Worland, WY, USA
Phone
3074310867
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development N.E.C.

Official website

Reported finances

Revenue
$210
Expenses
$386
Assets
$27,372

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

Leadership & pay

3 people listed

Executive titles in this filing

  • DAVE PAXTON (President)

People named in this filing

  • DAVE PAXTON (President)
  • MICHELLE HERNANDEZ (Treasurer)
  • JAIME CRAFT (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

Mission or most significant activities: improves the lives and futures of our regional people by providing culture focused tourism, economic development, providing a venue for non-profit fundraising, introducing new foods, sounds, and cultures to our region, and providing the Wyoming state bbq championship.

What it reported doing in 2024

First accomplishment: bbq and bluegrass festival first occurred two days on august 18 and 19, 2018. The festival included a bbq cooking competition and bluegrass music performed by several bands over those days. As the event is open to the public (no ticket sales), there is not a reliable means of determining the number of attendees (devising a system to accurately take attendance would increase labor and administrative costs). However, based on the available indicators (such as visual inspection), attendance was maintained at high level. This event continues to be a staple, annual event attended and enjoyed by the local community, visitors traveling through the area and regional visitors who travel to the area specifically to attend this festival.

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
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: 60

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; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -83.8%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 70.91; rating input score 99; 99th 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: 10.6% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: -77% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 12.6% per year; rating input score 100; 77th 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 · $90K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2017 to 2024
  • 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.