Civic Intelligence

That Famous Preston Night Rodeo Inc

990 • Fiscal year 2016 • EIN 32-0267987

Jan 01, 2016 to Dec 31, 2016 • Filed on May 12, 2017

10 S State StPreston, ID 83263

(208) 852-1120

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Net Margin

59th percentile

6.8%

Higher net margin than 59% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

58th percentile

3.5%

Faster revenue growth than 58% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$159,628

Up $15,483 (+11%) from 2015

Net Assets

Up

$159,353

Up $15,223 (+11%) from 2015

Liabilities

Up

$275

Up $260 (+1733%) from 2015

Revenue

Up

$223,565

Up $7,618 (+3.5%) from 2015

Expenses

Up

$208,342

Up $11,577 (+5.9%) from 2015

Net Income

Down

$15,223

Down $3,959 (-21%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $125,149Liabilities 2014: $201Net Assets 2014: $124,9482014Assets 2015: $144,145Liabilities 2015: $15Net Assets 2015: $144,1302015Assets 2016: $159,628Liabilities 2016: $275Net Assets 2016: $159,3532016Assets 2017: $163,376Liabilities 2017: $269Net Assets 2017: $163,1072017Assets 2018: $231,841Liabilities 2018: $96Net Assets 2018: $231,7452018Assets 2019: $288,677Liabilities 2019: $95Net Assets 2019: $288,5822019Assets 2020: $565,780Liabilities 2020: $0Net Assets 2020: $565,7802020Assets 2021: $2,121,161Liabilities 2021: $849,192Net Assets 2021: $1,271,9692021Assets 2022: $2,193,926Liabilities 2022: $616,770Net Assets 2022: $1,577,1562022Assets 2023: $2,071,419Liabilities 2023: $466,344Net Assets 2023: $1,605,0752023Assets 2024: $1,958,017Liabilities 2024: $286,907Net Assets 2024: $1,671,1102024

Highlighted filing

2016

Assets$159,628
Liabilities$275
Net Assets$159,353

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2014: $197,573Expenses 2014: $169,936Net Income 2014: $27,6372014Revenue 2015: $215,947Expenses 2015: $196,765Net Income 2015: $19,1822015Revenue 2016: $223,565Expenses 2016: $208,342Net Income 2016: $15,2232016Revenue 2017: $225,332Expenses 2017: $221,578Net Income 2017: $3,7542017Revenue 2018: $288,106Expenses 2018: $219,468Net Income 2018: $68,6382018Revenue 2019: $274,265Expenses 2019: $217,428Net Income 2019: $56,8372019Revenue 2020: $313,078Expenses 2020: $35,880Net Income 2020: $277,1982020Revenue 2021: $1,002,133Expenses 2021: $295,944Net Income 2021: $706,1892021Revenue 2022: $685,730Expenses 2022: $380,543Net Income 2022: $305,1872022Revenue 2023: $472,009Expenses 2023: $444,090Net Income 2023: $27,9192023Revenue 2024: $505,105Expenses 2024: $439,070Net Income 2024: $66,0352024

Highlighted filing

2016

Revenue$223,565
Expenses$208,342
Net Income$15,223
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 12, 2017
Return Version
2016v3.0
Gross Receipts
$223,565
Mission and Program Overview

Mission

See statement on schedule o

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$96,759$96,368▼ $391
Land, Buildings, and Equipment, Net$47,386$63,260▲ $15,874
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$144,145$159,628▲ $15,483
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$15$275▲ $260
Total Liabilities$15$275▲ $260
Net Assets / Fund Balance
Unrestricted Net Assets$144,130$159,353▲ $15,223
Total Net Assets Fund Balance$144,130$159,353▲ $15,223
Total Liabilities and Net Assets / Fund Balance$144,145$159,628▲ $15,483

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$63,260$18,636$81,896
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kris BecksteadPresident
Douglas WebbVice President
David JeppsenDirector
Jeff HollinsworthDirector
Richard SwainstonDirector
Thane D WinwardSecretary
Sheryl N KimballTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$223,565
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$15,223
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$199,649
Salaries, Compensation, and Employee Benefits$8,693
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$36,197--$36,197
Other Expenses$12,045--$12,045
Advertising$11,458--$11,458
Occupancy$9,526--$9,526
Depreciation Depletion$9,197--$9,197
Other Salaries and Wages$7,978--$7,978
Insurance$5,683--$5,683
Office Expenses$811--$811
Payroll Taxes$715--$715
Fees for Services Accounting$240--$240
Total Functional Expenses$208,342$0$0$208,342
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
That Famous Preston Night Rodeo Inc
EIN
32-0267987
Phone
2088521120
Address
10 S STATE ST, PRESTON, ID 83263

Signing Officer

Name
Thane D Winward
Title
Secretary
Signed
2017-05-12

Organization Details

Formed
2009
Legal Domicile
Id
Voting Board Members
7
Independent Board Members
0
Employees
6
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

ANNOUNCER: Column (A) - Total = $4500; Column (B) - Program Services = $4500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

APPROVALS: Column (A) - Total = $1955; Column (B) - Program Services = $1955; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CLOWN: Column (A) - Total = $5000; Column (B) - Program Services = $5000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

COMMITTEE EXP: Column (A) - Total = $441; Column (B) - Program Services = $441; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

JUDGES: Column (A) - Total = $2025; Column (B) - Program Services = $2025; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

PARADE COSTS: Column (A) - Total = $816; Column (B) - Program Services = $816; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

QUEEN CONTEST COSTS: Column (A) - Total = $1591; Column (B) - Program Services = $1591; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SALES TAX: Column (A) - Total = $8895; Column (B) - Program Services = $8895; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SOUND CONTRACT: Column (A) - Total = $3600; Column (B) - Program Services = $3600; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SPECIALITY ACT: Column (A) - Total = $6000; Column (B) - Program Services = $6000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TAXES & LICENSES-OTHER: Column (A) - Total = $923; Column (B) - Program Services = $923; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TELEPHONE: Column (A) - Total = $451; Column (B) - Program Services = $451; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Part III

We produce a three day rodeo, a three day parade, and bring in a carnival with recreational rides for the same three days, for the benefit of the local county and its citizens. We maintain a city-owned ourdoor livestock-type arena (which is leased to us by the City of Preston, ID0. We then allow various groups to use this arena for various activities (most of which are livestock related). Some groups pay usage fees and groups such as the 4-H program, the local high school rodeo club, etc do not pay usage fees. The general public can use the arena as individuals, without charge, when it is not scheduled for other events. This usage usually falls into the catagory of recreational horseback riding, horse training exercises (such as preparing for rodeo-type events and barrel racing) and for preparation for horse and other livestock shows. The county fair uses these grounds for the annual week long fair.

Part I-line 2-program service revenues:

SEE ATTACHED STATEMENT

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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt015223
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt063260
IRS990ScheduleD/EquipmentGrp/DepreciationAmt018636
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt081896
IRS990ScheduleD/TotalBookValueLandBuildingsAmt063260
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNOUNCER: Column (A) - Total = $4500; Column (B) - Program Services = $4500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3APPROVALS: Column (A) - Total = $1955; Column (B) - Program Services = $1955; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CLOWN: Column (A) - Total = $5000; Column (B) - Program Services = $5000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMMITTEE EXP: Column (A) - Total = $441; Column (B) - Program Services = $441; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6JUDGES: Column (A) - Total = $2025; Column (B) - Program Services = $2025; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PARADE COSTS: Column (A) - Total = $816; Column (B) - Program Services = $816; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8QUEEN CONTEST COSTS: Column (A) - Total = $1591; Column (B) - Program Services = $1591; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SALES TAX: Column (A) - Total = $8895; Column (B) - Program Services = $8895; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SOUND CONTRACT: Column (A) - Total = $3600; Column (B) - Program Services = $3600; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11SPECIALITY ACT: Column (A) - Total = $6000; Column (B) - Program Services = $6000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12TAXES & LICENSES-OTHER: Column (A) - Total = $923; Column (B) - Program Services = $923; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13TELEPHONE: Column (A) - Total = $451; Column (B) - Program Services = $451; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14We produce a three day rodeo, a three day parade, and bring in a carnival with recreational rides for the same three days, for the benefit of the local county and its citizens. We maintain a city-owned ourdoor livestock-type arena (which is leased to us by the City of Preston, ID0. We then allow various groups to use this arena for various activities (most of which are livestock related). Some groups pay usage fees and groups such as the 4-H program, the local high school rodeo club, etc do not pay usage fees. The general public can use the arena as individuals, without charge, when it is not scheduled for other events. This usage usually falls into the catagory of recreational horseback riding, horse training exercises (such as preparing for rodeo-type events and barrel racing) and for preparation for horse and other livestock shows. The county fair uses these grounds for the annual week long fair.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15SEE ATTACHED STATEMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Part I-line 2-program service revenues:
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0144145
IRS990/TotalAssetsEOYAmt0159628
IRS990/TotalAssetsGrp/BOYAmt0144145
IRS990/TotalAssetsGrp/EOYAmt0159628
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0208342
IRS990/TotalFunctionalExpensesGrp/TotalAmt0208342
IRS990/TotalGrossUBIAmt0223565
IRS990/TotalLiabilitiesBOYAmt015
IRS990/TotalLiabilitiesEOYAmt0275
IRS990/TotalLiabilitiesGrp/BOYAmt015
IRS990/TotalLiabilitiesGrp/EOYAmt0275
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0144130
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0159353
IRS990/TotalProgramServiceExpensesAmt0208342
IRS990/TotalProgramServiceRevenueAmt0223565
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0223565
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0223565
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0144145
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0159628
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0144130
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0159353
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0PRESTONRODEO.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0THANE D WINWARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THAT FAMOUS PRESTON NIGHT RODEO INC
ReturnHeader/Filer/BusinessNameControlTxt0THAT
ReturnHeader/Filer/EIN0320267987
ReturnHeader/Filer/PhoneNum02088521120
ReturnHeader/Filer/USAddress/AddressLine1Txt010 S STATE ST
ReturnHeader/Filer/USAddress/CityNm0PRESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ID
ReturnHeader/Filer/USAddress/ZIPCd083263
ReturnHeader/ReturnTs02017-05-12T14:23:16-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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