Civic Intelligence

Cheyenne Frontier Days Foundation Inc.

990 • Fiscal year 2021 • EIN 47-4444959

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 27, 2022

PO Box 2477Cheyenne, WY 82003

(307) 778-7200

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

62nd percentile

20%

Higher net margin than 62% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

95th percentile

$298,107

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 64.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

42nd percentile

5.9%

Faster asset growth than 42% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

77th percentile

53%

Faster revenue growth than 77% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,906,727

Up $105,892 (+5.9%) from 2020

Net Assets

Up

$1,906,727

Up $105,990 (+5.9%) from 2020

Liabilities

Down

$0

Down $98 (-100%) from 2020

Revenue

Up

$465,437

Up $160,661 (+53%) from 2020

Expenses

Up

$371,750

Up $315,405 (+560%) from 2020

Net Income

Down

$93,687

Down $154,744 (-62%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $1,516,192Liabilities 2018: $0Net Assets 2018: $1,516,1922018Assets 2019: $1,542,438Liabilities 2019: $0Net Assets 2019: $1,542,4382019Assets 2020: $1,800,835Liabilities 2020: $98Net Assets 2020: $1,800,7372020Assets 2021: $1,906,727Liabilities 2021: $0Net Assets 2021: $1,906,7272021Assets 2022: $1,713,600Liabilities 2022: $1,100Net Assets 2022: $1,712,5002022Assets 2023: $1,665,868Liabilities 2023: $1,350Net Assets 2023: $1,664,5182023Assets 2024: $1,914,353Liabilities 2024: $3,900Net Assets 2024: $1,910,4532024

Highlighted filing

2021

Assets$1,906,727
Liabilities$0
Net Assets$1,906,727

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $1,526,400Expenses 2018: $10,208Net Income 2018: $1,516,1922018Revenue 2019: $40,247Expenses 2019: $18,421Net Income 2019: $21,8262019Revenue 2020: $304,776Expenses 2020: $56,345Net Income 2020: $248,4312020Revenue 2021: $465,437Expenses 2021: $371,750Net Income 2021: $93,6872021Revenue 2022: $192,978Expenses 2022: $362,781Net Income 2022: -$169,8032022Revenue 2023: $226,650Expenses 2023: $301,907Net Income 2023: -$75,2572023Revenue 2024: $681,770Expenses 2024: $459,139Net Income 2024: $222,6312024

Highlighted filing

2021

Revenue$465,437
Expenses$371,750
Net Income$93,687
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 27, 2022
Return Version
2021v4.2
Gross Receipts
$465,437
Mission and Program Overview

Mission

To support cheyenne frontier days, inc (cfd inc) which is tax exempt under irc section 501(c)6.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,204,014$1,204,014→ $0
Investments in Publicly Traded Securities$443,607$468,631▲ $25,024
Cash and Non-Interest-Bearing Accounts$99,214$186,832▲ $87,618
Total Assets$1,800,835$1,906,727▲ $105,892
Other Assets Total$54,000$47,250▼ $6,750
Liabilities
Accounts Payable and Accrued Expenses$98$0▼ $98
Total Liabilities$98$0▼ $98
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,554,145$1,869,209▲ $315,064
Net Assets With Donor Restrictions$246,592$37,518▼ $209,074
Total Net Assets Fund Balance$1,800,737$1,906,727▲ $105,990
Total Liabilities and Net Assets / Fund Balance$1,800,835$1,906,727▲ $105,892

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,204,014-$1,204,014
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tucker FaganChairman
Darin WestbyVice Chairman
Bob BuddDirector
Brent HunterDirector
Dan BlytheDirector
Hans RitschardDirector
Jimmy Dean SilerDirector
Phil Van HornDirector
Roger SchreinerDirector
Todd BishopDirector
Tom HirsigCFD Inc CEO
Renee MiddletonSecretary & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$440,330
Program Service Revenue
$0
Investment Income
$17,263
Other Revenue
$7,844
All Other Contributions
$440,330
Change in Net Assets
$93,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$334,474
Other Expenses$37,276
Total Fundraising Expense$22,978
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$334,474--$334,474
Depreciation Depletion--$6,750$6,750
Fees for Service Investment Mgmnt Fees-$4,542-$4,542
Other Expenses$220-$1,203$1,423
Fees for Services Accounting-$900-$900
Total Functional Expenses$343,330$5,442$22,978$371,750
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cheyenne Frontier Days IncCheyenne, WY501(c)(6)Contribution$334,474
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the completed form 990 is provided to the board to be reviewed and voted upon prior to its filing.

Form 990, Part VI, Section B, Line 12C

Board members sign a conflict of interest policy annually. Education about the policy is provided by the organization. Compliance with the policy is monitored by the board.

Form 990, Part VI, Section C, Line 19

All public documents are available upon request

Filing and Contact Details

Filer

Filer Name
Cheyenne Frontier Days Foundation Inc
EIN
47-4444959
Phone
3077787200
Address
PO BOX 2477, CHEYENNE, WY 82003

Signing Officer

Name
Renee Middleton
Title
Executive Director
Phone
3077787200
Signed
2022-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Renee Middleton
Formed
2015
Legal Domicile
Wy
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
12

Preparer

Firm
Mcgee Hearne & Paiz Llp
Address
PO BOX 1088, CHEYENNE, WY 82003
Preparer
Brandy Marrou
Phone
3076342151
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C Explanation

No change from prior years.

Financial Statement Notes

PART X, LINE 2:

The cfd foundation is exempt from federal income tax under section 501(c)(3) of the internal revenue code. Management evaluated the tax positions of the cfd foundation, and concluded that the entity has taken no uncertain tax positions that require adjustment to the financial statements. With few exceptions, the entity is no longer subject to income tax examinations by the u.s. Federal, state, or local tax authorities except for the last three years filed.

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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ON AN ANNUAL BASIS, THE BOARD OF DIRECTORS REVIEW THE SUPPORTING ORGANIZATION'S FORM 990, PART VIII, TO ENSURE THAT RELATED REVENUE EXCEEDS ONE-THIRD OF ITS TOTAL REVENUE. THE PERCENTAGE HAS EXCEEDED 80% DURING THE LAST THREE TAX YEARS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1WHEN A REQUEST FOR A DONATION/GRANT IS RECEIVED FROM THE SUPPORTED ORGANIZATION, IT IS REVIEWED AND APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS PRIOR TO DISBURSEMENT ENSURING THAT THE PURPOSE MEETS THE REQUIREMENTS OF A CHARITABLE CONTRIBUTION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0830297781
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0334474
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CHEYENNE FRONTIER DAYS INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0334474
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01204014
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01204014
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CFD FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT EVALUATED THE TAX POSITIONS OF THE CFD FOUNDATION, AND CONCLUDED THAT THE ENTITY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE ENTITY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES EXCEPT FOR THE LAST THREE YEARS FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01204014
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0334474
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(6)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CONTRIBUTION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CHEYENNE FRONTIER DAYS INC
IRS990ScheduleI/RecipientTable/RecipientEIN0830297781
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 2477
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHEYENNE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd082003
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PREPARES AN ANNUAL BUDGET, WHICH INCLUDES A LINE ITEM FOR CONTRIBUTIONS AND IS APPROVED BY THE BOARD OF DIRECTORS. WHEN A REQUEST FOR A DONATION IS RECEIVED, IT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO DISBURSEMENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt099000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0176167
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt022940
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TOM HIRSIG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CFD INC CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0298107
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE COMPLETED FORM 990 IS PROVIDED TO THE BOARD TO BE REVIEWED AND VOTED UPON PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. EDUCATION ABOUT THE POLICY IS PROVIDED BY THE ORGANIZATION. COMPLIANCE WITH THE POLICY IS MONITORED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL PUBLIC DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGE FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C EXPLANATION
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0CHEYENNE FRONTIER DAYS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CHEYENNE FRONTIER DAYS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0830297781
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PLAN, PRODUCE, PROMOTE AND MANAGE THE "CHEYENNE FRONTIER DAYS" CELEBRATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 2477
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHEYENNE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd082003
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0334474
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CHEYENNE FRONTIER DAYS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00

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