Civic Intelligence

Boswell Rodeo Association Inc.

990EZ • Fiscal year 2020 • EIN 73-1614910

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 07, 2022

PO Box 244Boswell, OK 74727

(580) 298-7778

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

67th percentile

0.03x

Higher debt load relative to revenue than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

87th percentile

45%

Higher net margin than 87% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

Up

$258,119

Up $124,597 (+93%) from 2013

Net Assets

$256,119

No earlier filing loaded for comparison.

Liabilities

Down

$2,000

Down $1,050 (-34%) from 2013

Revenue

Up

$76,590

Up $37,109 (+94%) from 2013

Expenses

Up

$41,859

Up $11,187 (+36%) from 2013

Net Income

Up

$34,731

Up $25,922 (+294%) from 2013

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $117,828Liabilities 2011: $3,0502011Assets 2013: $133,522Liabilities 2013: $3,0502013Assets 2020: $258,119Liabilities 2020: $2,000Net Assets 2020: $256,1192020Assets 2021: $285,558Liabilities 2021: $2,000Net Assets 2021: $283,5582021Assets 2022: $307,725Liabilities 2022: $2,000Net Assets 2022: $305,7252022Assets 2023: $322,068Liabilities 2023: $2,000Net Assets 2023: $320,0682023Assets 2024: $328,100Liabilities 2024: $2,000Net Assets 2024: $326,1002024

Highlighted filing

2020

Assets$258,119
Liabilities$2,000
Net Assets$256,119

Operations Trend

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

$100K$50K$0Revenue 2011: $30,935Expenses 2011: $28,301Net Income 2011: $2,6342011Revenue 2013: $39,481Expenses 2013: $30,672Net Income 2013: $8,8092013Revenue 2020: $76,590Expenses 2020: $41,859Net Income 2020: $34,7312020Revenue 2021: $88,564Expenses 2021: $61,125Net Income 2021: $27,4392021Revenue 2022: $86,377Expenses 2022: $64,210Net Income 2022: $22,1672022Revenue 2023: $80,339Expenses 2023: $65,996Net Income 2023: $14,3432023Revenue 2024: $96,115Expenses 2024: $90,083Net Income 2024: $6,0322024

Highlighted filing

2020

Revenue$76,590
Expenses$41,859
Net Income$34,731
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 7, 2022
Return Version
2020v4.1
Gross Receipts
$77,190
Mission and Program Overview

Mission

Preserve Rural Lifestyle in SE Oklahoma

Program Services

DescriptionGrantsExpenses
preserving rural lifestyle and services beneficial to the community andpublic interest by involving youth in rodeo events and equine related training activities to teach youth--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jerry HughesPresident And DirectorPT$0--
Toby ManousVP And DirectorPT$0--
Tamara EastwoodSecretary Treasurer And DirectorPT$0--
Wyatt SullivanDirector-$0--
Kevin RobertsonDirector-$0--
Jim DillDirector-$0--
Jim SchuttsDirector-$0--
Larry HughesDirectorPT$0--
Derek HughesDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Boswell Rodeo Assocation Inc
EIN
73-1614910
Address
PO Box 244, Boswell, OK 74727

Signing Officer

Name
Jerry Hughes
Title
President
Phone
5802987778
Signed
2022-04-07
Discuss with paid preparer
No

Preparer

Firm
Diggs Bookkeeping & Tax Service
Address
150 Knight Drive, Durant, OK 74701
Preparer
Jean Anne Bacon
Phone
5809205590
Supplemental Narrative

Additional Explanations

Amended return information

The paper return was return 2 times as unaccepted because of paper return

Description of other revenue Part I line 8

Description AmountRodeo Income 73,351Concession Income 1,339

Description of other expenses Part I line 16

Description AmountRodeo Expenses 34,581Concession Expenses 898Insurance Expenses 2,059Accounting Fees 72Miscellaneous Expense 720

Description of other assets Part II line 24

Category Beginning of Year End of YearEquipment 13,217 18,908

Description of total liabilities Part II line 26

Category Beginning of Year End of YearAccounts Payable - BHC 2,000 2,000

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountRodeo Income 73,351Concession Income 1,339
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ReturnHeader/TaxPeriodEndDt02020-12-31
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