Civic Intelligence

Buffalo Rodeo Association

990 • Fiscal year 2018 • EIN 20-1104475

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 09, 2019

PO Box 86Buffalo, MN 55313

(763) 682-7032

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Net Margin

12th percentile

-28%

Higher net margin than 12% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Asset Growth

20th percentile

-14%

Faster asset growth than 20% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

51st percentile

0.4%

Faster revenue growth than 51% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Flat

$156,094

Flat from 2018

Net Assets

Flat

$156,094

Flat from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Flat

$92,908

Flat from 2018

Expenses

Flat

$119,189

Flat from 2018

Net Income

Flat

-$26,281

Flat from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2010: $184,923Liabilities 2010: $0Net Assets 2010: $184,9232010Assets 2011: $190,745Liabilities 2011: $0Net Assets 2011: $190,7452011Assets 2012: $191,755Liabilities 2012: $0Net Assets 2012: $191,7552012Assets 2013: $183,665Liabilities 2013: -$237Net Assets 2013: $183,9022013Assets 2014: $192,729Liabilities 2014: $0Net Assets 2014: $192,7292014Assets 2015: $209,220Liabilities 2015: $0Net Assets 2015: $209,2202015Assets 2016: $198,965Liabilities 2016: $0Net Assets 2016: $198,9652016Assets 2017: $182,375Liabilities 2017: $0Net Assets 2017: $182,3752017Assets 2018: $156,094Liabilities 2018: $0Net Assets 2018: $156,0942018Assets 2018: $156,094Liabilities 2018: $0Net Assets 2018: $156,0942018Assets 2019: $124,111Liabilities 2019: $0Net Assets 2019: $124,1112019Assets 2020: $117,189Liabilities 2020: $21,800Net Assets 2020: $95,3892020Assets 2021: $116,659Liabilities 2021: $21,800Net Assets 2021: $94,8592021Assets 2022: $93,252Liabilities 2022: $22,310Net Assets 2022: $70,9422022Assets 2023: $92,212Liabilities 2023: $27,494Net Assets 2023: $64,7182023Assets 2024: $136,713Liabilities 2024: $17,570Net Assets 2024: $119,1432024

Highlighted filing

2018

Assets$156,094
Liabilities$0
Net Assets$156,094

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $92,2402010Revenue 2011: $97,868Expenses 2011: $92,046Net Income 2011: $5,8222011Revenue 2012: $96,189Expenses 2012: $95,179Net Income 2012: $1,0102012Revenue 2013: $88,159Expenses 2013: $96,012Net Income 2013: -$7,8532013Revenue 2014: $116,496Expenses 2014: $107,669Net Income 2014: $8,8272014Revenue 2015: $117,437Expenses 2015: $100,946Net Income 2015: $16,4912015Revenue 2016: $82,537Expenses 2016: $92,792Net Income 2016: -$10,2552016Revenue 2017: $92,556Expenses 2017: $109,146Net Income 2017: -$16,5902017Revenue 2018: $92,908Expenses 2018: $119,189Net Income 2018: -$26,2812018Revenue 2018: $92,908Expenses 2018: $119,189Net Income 2018: -$26,2812018Revenue 2019: $80,814Expenses 2019: $112,797Net Income 2019: -$31,9832019Revenue 2020: $17,906Expenses 2020: $46,628Net Income 2020: -$28,7222020Revenue 2021: $171,799Expenses 2021: $172,329Net Income 2021: -$5302021Revenue 2022: $234,346Expenses 2022: $258,263Net Income 2022: -$23,9172022Revenue 2023: $249,741Expenses 2023: $255,965Net Income 2023: -$6,2242023Revenue 2024: $238,645Expenses 2024: $177,385Net Income 2024: $61,2602024

Highlighted filing

2018

Revenue$92,908
Expenses$119,189
Net Income-$26,281
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 9, 2019
Return Version
2018v3.1
Gross Receipts
$92,908
Mission and Program Overview

Mission

To promote and preserve the heritage of the sport of rodeo

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$93,915$90,662▼ $3,253
Cap Stk Tr Prin Current Funds$84,778$84,778→ $0
Rtn Earn Endowment Incm Other Fnds$97,597$71,316▼ $26,281
Savings and Temporary Cash Investments$58,646$59,086▲ $440
Cash and Non-Interest-Bearing Accounts$29,814$3,346▼ $26,468
Accounts Receivable-$3,000-
Total Assets$182,375$156,094▼ $26,281
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$182,375$156,094▼ $26,281
Total Liabilities and Net Assets / Fund Balance$182,375$156,094▼ $26,281

Asset Categories

AssetBook ValueDepreciationBasis
Land$79,500-$79,500
Equipment$11,162$66,077$77,239
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stuart MarquettePresident
Fred GlunzSponsors Director
Braden BiegertGrounds Dire
Gretchen KirchmanPromotions D
Cathy MarquetteSecretary
Cathy KohnenTreasurer/ev
Mark JerdeVice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$92,454
Investment Income
$454
Other Revenue
$0
Change in Net Assets
$-26,281
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$115,689
Grants and Similar Amounts Paid$3,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$25,863--$25,863
Occupancy$17,036--$17,036
Advertising$10,510--$10,510
Other Expenses$8,308--$8,308
Depreciation Depletion$3,252--$3,252
Grants to Domestic Orgs$2,500--$2,500
Office Expenses-$2,210-$2,210
Grants to Domestic Individuals$1,000--$1,000
Fees for Services Accounting$760--$760
Total Functional Expenses$116,979$2,210$0$119,189
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990, part vi, line 11 - organization's process used to review form 990 the president reviews the return , and discusses with the members of the board and the outside bookkeeper and tax preparer if any questions.

Form 990, Page 6, Part VI, Line 19

The president will provide the governing documents and financial statements upon request.

Filing and Contact Details

Filer

Filer Name
Buffalo Rodeo Association
EIN
20-1104475
Phone
7636827032
Address
PO BOX 86, BUFFALO, MN 55313

Signing Officer

Name
Stuart Marquette
Title
President
Phone
7632281316
Signed
2019-04-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stuart Marquette
Legal Domicile
Mn
Voting Board Members
30
Independent Board Members
30
Employees
0
Volunteers
45

Preparer

Firm
Jmsc Pllc
Address
215 HIGHWAY 55 E STE 306, BUFFALO, MN 55313-1727
Preparer
Casey Mattson CPA
Phone
7636826458
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Rental equipment 4,500 0 0 rodeo announcer 4,300 0 0 commissions 4,000 0 0 sales tax 3,640 0 0 motel and hospitality exp 3,508 0 0 minibiffs 2,296 0 0 security 1,200 0 0 parking 1,000 0 0 prca/wpra expense 945 0 0 mutton bustin 353 0 0 miscellaneous 121 0 0 total 25,863 0 0

Raw XML Appendix314 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART VI, LINE 11 - ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 THE PRESIDENT REVIEWS THE RETURN , AND DISCUSSES WITH THE MEMBERS OF THE BOARD AND THE OUTSIDE BOOKKEEPER AND TAX PREPARER IF ANY QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT WILL PROVIDE THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RENTAL EQUIPMENT 4,500 0 0 RODEO ANNOUNCER 4,300 0 0 COMMISSIONS 4,000 0 0 SALES TAX 3,640 0 0 MOTEL AND HOSPITALITY EXP 3,508 0 0 MINIBIFFS 2,296 0 0 SECURITY 1,200 0 0 PARKING 1,000 0 0 PRCA/WPRA EXPENSE 945 0 0 MUTTON BUSTIN 353 0 0 MISCELLANEOUS 121 0 0 TOTAL 25,863 0 0
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STUART MARQUETTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07632281316
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BUFFALO RODEO ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0BUFF
ReturnHeader/Filer/EIN0201104475
ReturnHeader/Filer/PhoneNum07636827032
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 86
ReturnHeader/Filer/USAddress/CityNm0BUFFALO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055313
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06942DBE293EE23EAAFB65441E4C497608E5EF7E2
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01EFC2CED23F079C9EED1B74F8A68CF0526FC1586
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02019-05-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:59:07
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464002911
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JMSC PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0215 HIGHWAY 55 E STE 306
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BUFFALO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0553131727
ReturnHeader/PreparerPersonGrp/PhoneNum07636826458
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CASEY MATTSON CPA
ReturnHeader/ReturnTs02019-05-14T11:59:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.18$1.19$2.39$1.77$0.61
2023Summary only. Only limited summary data is available for this year.$0.92$0.27$0.65$2.50$2.56$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.22$0.71$2.34$2.58$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.22$0.95$1.72$1.72$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.22$0.95$0.18$0.47$0.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.00$1.24$0.81$1.13$0.32
2018Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$0.93$1.19$0.26
2018Summary only. Only limited summary data is available for this year.$1.56$0.00$1.56$0.93$1.19$0.26
2017Summary only. Only limited summary data is available for this year.$1.82$0.00$1.82$0.93$1.09$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$0.00$1.99$0.83$0.93$0.10
2015Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.09$1.17$1.01$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.93$1.16$1.08$0.09
2013Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$0.88$0.96$0.08
2012Summary only. Only limited summary data is available for this year.$1.92$0.00$1.92$0.96$0.95$0.01
2011Summary only. Only limited summary data is available for this year.$1.91$0.00$1.91$0.98$0.92$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.00$1.85$0.92