Civic Intelligence

Nebraska High School Rodeo Association

990 • Fiscal year 2023 • EIN 47-0607606

Sep 01, 2022 to Aug 31, 2023 • Filed on Dec 15, 2023

514 Petes DriveNewman Grove, NE 68758

(402) 961-0243

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

76th percentile

23%

Higher net margin than 76% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$11,333

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

77th percentile

26%

Faster asset growth than 77% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

70th percentile

26%

Faster revenue growth than 70% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$248,456

Up $51,950 (+26%) from 2022

Net Assets

Up

$248,456

Up $51,950 (+26%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$224,173

Up $46,901 (+26%) from 2022

Expenses

Down

$172,223

Down $29,981 (-15%) from 2022

Net Income

Up

$51,950

Up $76,882 (+308%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $109,747Liabilities 2010: $0Net Assets 2010: $109,7472010Assets 2011: $111,210Liabilities 2011: $0Net Assets 2011: $111,2102011Assets 2012: $133,952Liabilities 2012: $0Net Assets 2012: $133,9522012Assets 2014: $212,846Liabilities 2014: $0Net Assets 2014: $212,8462014Assets 2015: $280,305Liabilities 2015: $0Net Assets 2015: $280,3052015Assets 2016: $285,748Liabilities 2016: $0Net Assets 2016: $285,7482016Assets 2017: $227,260Liabilities 2017: $0Net Assets 2017: $227,2602017Assets 2018: $215,138Liabilities 2018: $0Net Assets 2018: $215,1382018Assets 2019: $190,470Liabilities 2019: $0Net Assets 2019: $190,4702019Assets 2020: $210,797Liabilities 2020: $0Net Assets 2020: $210,7972020Assets 2021: $221,438Liabilities 2021: $0Net Assets 2021: $221,4382021Assets 2022: $196,506Liabilities 2022: $0Net Assets 2022: $196,5062022Assets 2023: $248,456Liabilities 2023: $0Net Assets 2023: $248,4562023Assets 2024: $295,999Liabilities 2024: $0Net Assets 2024: $295,9992024Assets 2025: $247,985Liabilities 2025: $0Net Assets 2025: $247,9852025

Highlighted filing

2023

Assets$248,456
Liabilities$0
Net Assets$248,456

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $208,4622010Expenses 2011: $196,4952011Expenses 2012: $194,8842012Revenue 2014: $400,939Expenses 2014: $378,464Net Income 2014: $22,4752014Revenue 2015: $416,272Expenses 2015: $348,813Net Income 2015: $67,4592015Revenue 2016: $414,017Expenses 2016: $408,574Net Income 2016: $5,4432016Revenue 2017: $408,972Expenses 2017: $467,460Net Income 2017: -$58,4882017Revenue 2018: $375,088Expenses 2018: $387,210Net Income 2018: -$12,1222018Revenue 2019: $401,153Expenses 2019: $425,821Net Income 2019: -$24,6682019Revenue 2020: $234,628Expenses 2020: $214,301Net Income 2020: $20,3272020Revenue 2021: $195,677Expenses 2021: $185,036Net Income 2021: $10,6412021Revenue 2022: $177,272Expenses 2022: $202,204Net Income 2022: -$24,9322022Revenue 2023: $224,173Expenses 2023: $172,223Net Income 2023: $51,9502023Revenue 2024: $517,078Expenses 2024: $428,335Net Income 2024: $88,7432024Revenue 2025: $546,340Expenses 2025: $594,354Net Income 2025: -$48,0142025

Highlighted filing

2023

Revenue$224,173
Expenses$172,223
Net Income$51,950
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Dec 15, 2023
Return Version
2022v5.0
Gross Receipts
$237,553
Mission and Program Overview

Mission

Promote the sport of rodeo and the highest type of conduct and sportsmanship and expose its positive image to the general public. Preserve the western heritage. Offer a privilege of family bonding. Offer an opportunity of continuing education. Maintain the highest regard for livestock.

Administration of nebraska high school rodeo association

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$196,506$248,456▲ $51,950
Cash and Non-Interest-Bearing Accounts$89,693$138,394▲ $48,701
Savings and Temporary Cash Investments$106,813$110,062▲ $3,249
Total Assets$196,506$248,456▲ $51,950
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$196,506$248,456▲ $51,950
Total Liabilities and Net Assets / Fund Balance$196,506$248,456▲ $51,950

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$7,608$7,608

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$119,355$2,565▲ $3,772-$119,204
2021$141,809$1,689▼ $16,093-$119,355
2020$122,363$3,271▲ $23,297-$141,809
2019$112,199$5,036▲ $11,948-$122,363
2018$113,033$4,028▲ $1,861-$112,199
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jason OhmAssociation SecretaryPT$11,333$11,333

Board Members and Trustees

NameTitle
Jim BussPresident
Sharlene BussVice President
-Board Member
Adam ClarkBoard Member
Brett MillerBoard Member
Jamie OlsonBoard Member
Jasper FanningBoard Member
Jenny JohnstonBoard Member
Levi FisherBoard Member
Richard SchrunkBoard Member
Scott RasmussenBoard Member
Tim VaughnBoard Member
Will DrueryBoard Member
Sara HermelbrachtNational Director
Shane GorwillCentral Entry
Revenue and Support

Revenue Composition

Contributions and Grants
$78,108
Program Service Revenue
$36,701
Investment Income
$907
Other Revenue
$108,457
All Other Contributions
$43,641
Change in Net Assets
$51,950
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$150,473
Grants and Similar Amounts Paid$21,750
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$21,750--$21,750
Fees for Services Management$6,896$11,333-$18,229
All Other Expenses$13,124--$13,124
Travel$6,538--$6,538
Insurance-$3,325-$3,325
Office Expenses-$2,890-$2,890
Fees for Services Accounting-$2,233-$2,233
Payments to Affiliates$225--$225
Other Expenses$65$65-$65
Total Functional Expenses$152,377$19,846$0$172,223
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$121,837
Fundraising Direct Expenses$13,380
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Raffle Tickets$119,082$119,082$13,380$105,702
Total Events$119,082$119,082$13,380$105,702
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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, Section B, Line 11

Provided by secretary to all members or presented at board meeting

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Nebraska High School Rodeo Association
EIN
47-0607606
Phone
4029610243
Address
514 Petes Drive, Newman Grove, NE 68758

Signing Officer

Name
Halie Forre
Title
Secretary
Phone
4029610243
Signed
2023-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Halie Forre
Formed
1979
Legal Domicile
Ne
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
375

Preparer

Firm
Mjk CPA Pc
Address
PO BOX 175, STAPLETON, NE 69163
Preparer
Milissa J Kramer
Phone
3086362560
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IRS990/OtherExpensesGrp/TotalAmt265
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IRS990/PrincipalOfficerNm0HALIE FORRE
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IRS990/PYOtherExpensesAmt0178659
IRS990/PYOtherRevenueAmt0105163
IRS990/PYProgramServiceRevenueAmt020917
IRS990/PYRevenuesLessExpensesAmt0-24932
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IRS990/PYTotalRevenueAmt0177272
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990/RevenueAmt0224173
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0248456
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0106813
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0110062
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt058199
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt059449
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt084743
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0480874
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0665
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02071
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IRS990ScheduleA/InvestmentIncomeCYPct00.00600
IRS990ScheduleA/InvestmentIncomePYPct00.00640
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY509Pct00.99400
IRS990ScheduleA/PublicSupportPY509Pct00.99360
IRS990ScheduleA/PublicSupportTotal509Amt0822557
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0144192
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IRS990ScheduleA/Total509Grp/TotalAmt0822557
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0148396
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0146263
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0190448
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0827491
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt01117
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IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt02565
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IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt05371
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt03772
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01689
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0119355
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt06380
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-16093
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt01616
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0122363
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt03271
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0141809
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt05506
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt023297
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt01422
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0112199
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt05036
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0122363
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt05398
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011948
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt01354
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0113033
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt04028
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0112199
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt05369
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01861
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07608
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07608
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013380
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RAFFLE TICKETS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0119082
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0119082
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0119082
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0119082

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$5.46$5.94$0.48
2024Detailed filing. Detailed filing data is available for this year.$2.96$0.00$2.96$5.17$4.28$0.89
2023Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$2.24$1.72$0.52
2022Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$1.77$2.02$0.25
2021Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$1.96$1.85$0.11
2020Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$2.35$2.14$0.20
2019Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$4.01$4.26$0.25
2018Detailed filing. Detailed filing data is available for this year.$2.15$0.00$2.15$3.75$3.87$0.12
2017Detailed filing. Detailed filing data is available for this year.$2.27$0.00$2.27$4.09$4.67$0.58
2016Detailed filing. Detailed filing data is available for this year.$2.86$0.00$2.86$4.14$4.09$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.80$0.00$2.80$4.16$3.49$0.67
2014Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$4.01$3.78$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.00$1.34$1.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.00$1.11$1.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.00$1.10$2.08