Civic Intelligence

United States Bucking Bull Association

EIN 77-0645010 • 501(c)5 • Pueblo, CO

Profile

The primary mission of usbba is to publicly promote bucking bull ownership, breeding, training and welfare while simultaneously enhancing the marketability and value of bucking bull stock. See sch. O for continuation.

101 West RiverwalkPueblo, CO 81003

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

100th percentile

7.29x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

96th percentile

0.67x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Source year 2014

Net Margin

16th percentile

-8.7%

Higher net margin than 16% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

501(c)5 • $500k-$1M nonprofits • Source year 2014

Asset Growth

2nd percentile

-70%

Faster asset growth than 2% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

12th percentile

-15%

Faster revenue growth than 12% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$58,591

Down $135,467 (-70%) from 2013

Liabilities

Down

$427,122

Down $80,292 (-16%) from 2013

Net Assets

Down

-$368,531

Down $55,175 (-18%) from 2013

Revenue

Down

$633,141

Down $108,929 (-15%) from 2013

Expenses

Down

$688,316

Down $120,950 (-15%) from 2013

Net Income

Up

-$55,175

Up $12,021 (+18%) from 2013

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500KAssets 2010: $491,629Liabilities 2010: $515,952Net Assets 2010: -$24,3232010Assets 2011: $340,670Liabilities 2011: $471,266Net Assets 2011: -$130,5962011Assets 2012: $212,807Liabilities 2012: $458,967Net Assets 2012: -$246,1602012Assets 2013: $194,058Liabilities 2013: $507,414Net Assets 2013: -$313,3562013Assets 2014: $58,591Liabilities 2014: $427,122Net Assets 2014: -$368,5312014

Highlighted filing

2014

Assets$58,591
Liabilities$427,122
Net Assets-$368,531

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $945,2272010Expenses 2011: $1,075,4942011Expenses 2012: $874,0122012Revenue 2013: $742,070Expenses 2013: $809,266Net Income 2013: -$67,1962013Revenue 2014: $633,141Expenses 2014: $688,316Net Income 2014: -$55,1752014

Highlighted filing

2014

Revenue$633,141
Expenses$688,316
Net Income-$55,175

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$633,141
Mission and Program Overview

Mission

The primary mission of usbba is to publicly promote bucking bull ownership, breeding, training and welfare while simultaneously enhancing the marketability and value of bucking bull stock. See sch. O for continuation.

To publicly promote bucking bull ownership, breeding, training & welfare... See sch. O for continuation

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$155,627$35,856▼ $119,771
Savings and Temporary Cash Investments$0$22,710▲ $22,710
Prepaid Expenses and Deferred Charges$539$0▼ $539
Accounts Receivable$37,892$25▼ $37,867
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-313,356$-368,531▼ $55,175
Total Assets$194,058$58,591▼ $135,467
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$62,265$337,623▲ $275,358
Other Liabilities$445,149$89,499▼ $355,650
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$507,414$427,122▼ $80,292
Net Assets / Fund Balance
Total Net Assets Fund Balance$-313,356$-368,531▼ $55,175
Total Liabilities and Net Assets / Fund Balance$194,058$58,591▼ $135,467
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brad BoydDirector
Cindy RosserDirector
Cody LambertDirector
JW HartDirector
Kaycee SimpsonDirector
Monty SamfordDirector
Sean GleasonDirector
Shawn McDermottDirector
Ty MurrayDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$632,990
Investment Income
$0
Other Revenue
$151
Change in Net Assets
$-55,175
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$687,316
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$52$46,937-$46,937
All Other Expenses$2,775--$2,775
Fees for Services Accounting-$1,000-$1,000
Grants to Domestic Orgs$1,000--$1,000
Insurance-$539-$539
Total Functional Expenses$639,840$48,476$0$688,316
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Calf Super Stakes$58,006
Jr Ahf Program$30,243
BREEDER'S CERTIFICATION$1,250
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

United states bucking bull association has members. Memberships may be purchased at an established price in return for participation in usbba's programs.

Form 990, Part VI, Section B, Line 11

Laura and dan present the usbba final draft of the tax form 990 to the board who then approves the final draft. The board makes any recommendations, and then the 990 is finalized and filed.

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

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy.

Form 990, Part VI, Section C, Line 19

All documents are available for inspection at the location of the records. The organizational documents are a matter of public record once with filed with the office of the secretary of state.

Filing and Contact Details

Filer

Filer Name
United States Bucking Bull Association
EIN
77-0645010
In Care Of
% USBBA
Phone
7192422800
Address
101 West Riverwalk, Pueblo, CO 81003

Signing Officer

Name
Jay Daugherty
Title
Executive Director
Phone
7196301186
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Daugherty
Formed
2008
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Stockman Kast Ryan & Co Llp
Address
102 N CASCADE AVENUE SUITE 400, COLORADO SPRINGS, CO 80903
Preparer
Doreen B Merz
Phone
7196301186
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

To publicly promote bucking bull ownership, breeding, training and welfare while simultaneously enhancing the marketability and value of bucking bull stock. That mission is accomplished through the promotion and growth of USBBA.

Form 990, Part III, Line 1

THAT MISSION IS ACCOMPLISHED THROUGH THE PROMOTION AND GROWTH OF USBBA MEMBERSHIP, AGGRESSIVE MARKETING, ADVERTISING AND PROMOTIONAL CAMPAIGNS DEVELOPED AND ADMINISTERED BY USBBA, INCLUDING ADVERTISING AND MARKETING PROGRAMS CONDUCTED IN ASSOCIATION WITH ABBI'S ACTIVITIES AND EVENTS. Form 990, Part III, Line 4c THE ANIMALS ARE NOMINATED INTO THE PROGRAM IN SEVERAL DIFFERENT CATEGORIES(IE. LIFETIME OR ANNUAL SIRE) WHICH IN TURN DETERMINES WHAT PROGENY MAY BE ALSO NOMINATED INTO THE PROGRAM. THE OWNERS OF THE ABT SIRE AND HIS ABT OFFSPRING THEN COMPETE WITHIN THE AMERICAN BUCKING BULL, INC (ABBI) CLASSIC AND FUTURITY SYSTEM. INCENTIVES ARE THEN PAID FOR THE ABT ANIMAL AND THE SIRE OF THAT ANIMAL BASED UPON THE NUMBER OF POINTS EARNED THROUGHOUT THE SEASON.

Raw XML Appendix398 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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IRS990/ProgSrvcAccomActy2Grp/Desc0THE AMERICAN HERITAGE DERBY IS AN ANNUAL EVENT FOR ANIMALS THREE YEARS OF AGE. THE OWNERS OF THESE ANIMALS NOMINATE THEM AND PAY FOR THEM IN THE ANIMALS' THIRD YEAR. THE PURPOSE IS TO HIGHLIGHT THE BREEDING PROGRAMS AND INCREASE AWARENESS OF THE IMPORTANCE OF THE ANIMALS' PEDIGREE, PROPER NUTRITION AND ALL ASPECTS OF ANIMALS HUSBANDRY.
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IRS990/ProgSrvcAccomActy3Grp/Desc0AMERICAN BREEDERS TRUST (ABT) IS DESIGNED TO ENHANCE THE VALUE OF THE BUCKING BULL BY PROVIDING AN INCENTIVE SYSTEM FOR THOSE OWNERS OF AN ABT NOMINATED SIRE AND THE OWNERS OF THE ABT SIRE PROGENY. See Sch. O for continuation
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IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt12715
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt20
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt30
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt018696
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0775206
IRS990/PYOtherRevenueAmt02608
IRS990/PYProgramServiceRevenueAmt0720766
IRS990/PYRevenuesLessExpensesAmt0-67196
IRS990/PYSalariesCompEmpBnftPaidAmt034060
IRS990/PYTotalExpensesAmt0809266
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0742070
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IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-55175
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0442775
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-313356
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-368531
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt022710
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IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt158006
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0JR AHF PROGRAM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CALF SUPER STAKES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2BREEDER'S CERTIFICATION
IRS990ScheduleD/TotalLiabilityAmt089499
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0To publicly promote bucking bull ownership, breeding, training and welfare while simultaneously enhancing the marketability and value of bucking bull stock. That mission is accomplished through the promotion and growth of USBBA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THAT MISSION IS ACCOMPLISHED THROUGH THE PROMOTION AND GROWTH OF USBBA MEMBERSHIP, AGGRESSIVE MARKETING, ADVERTISING AND PROMOTIONAL CAMPAIGNS DEVELOPED AND ADMINISTERED BY USBBA, INCLUDING ADVERTISING AND MARKETING PROGRAMS CONDUCTED IN ASSOCIATION WITH ABBI'S ACTIVITIES AND EVENTS. Form 990, Part III, Line 4c THE ANIMALS ARE NOMINATED INTO THE PROGRAM IN SEVERAL DIFFERENT CATEGORIES(IE. LIFETIME OR ANNUAL SIRE) WHICH IN TURN DETERMINES WHAT PROGENY MAY BE ALSO NOMINATED INTO THE PROGRAM. THE OWNERS OF THE ABT SIRE AND HIS ABT OFFSPRING THEN COMPETE WITHIN THE AMERICAN BUCKING BULL, INC (ABBI) CLASSIC AND FUTURITY SYSTEM. INCENTIVES ARE THEN PAID FOR THE ABT ANIMAL AND THE SIRE OF THAT ANIMAL BASED UPON THE NUMBER OF POINTS EARNED THROUGHOUT THE SEASON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNITED STATES BUCKING BULL ASSOCIATION HAS MEMBERS. MEMBERSHIPS MAY BE PURCHASED AT AN ESTABLISHED PRICE IN RETURN FOR PARTICIPATION IN USBBA'S PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LAURA AND DAN PRESENT THE USBBA FINAL DRAFT OF THE TAX FORM 990 TO THE BOARD WHO THEN APPROVES THE FINAL DRAFT. THE BOARD MAKES ANY RECOMMENDATIONS, AND THEN THE 990 IS FINALIZED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE LOCATION OF THE RECORDS. THE ORGANIZATIONAL DOCUMENTS ARE A MATTER OF PUBLIC RECORD ONCE WITH FILED WITH THE OFFICE OF THE SECRETARY OF STATE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
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IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0194058
IRS990/TotalAssetsEOYAmt058591
IRS990/TotalAssetsGrp/BOYAmt0194058
IRS990/TotalAssetsGrp/EOYAmt058591
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048476
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0639840
IRS990/TotalFunctionalExpensesGrp/TotalAmt0688316
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0507414
IRS990/TotalLiabilitiesEOYAmt0427122
IRS990/TotalLiabilitiesGrp/BOYAmt0507414
IRS990/TotalLiabilitiesGrp/EOYAmt0427122
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-313356
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-368531
IRS990/TotalOtherProgSrvcExpenseAmt09564
IRS990/TotalOtherProgSrvcGrantAmt01000
IRS990/TotalOtherProgSrvcRevenueAmt02715
IRS990/TotalProgramServiceExpensesAmt0639840
IRS990/TotalProgramServiceRevenueAmt0632990
IRS990/TotalRevenueGrp/ExclusionAmt0151
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0632990
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0633141
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0194058
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt058591
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0101 West Riverwalk
IRS990/USAddress/CityNm0Pueblo
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd081003
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jay Daugherty
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07196301186
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0United States Bucking Bull Association
ReturnHeader/Filer/BusinessNameControlTxt0UNIT
ReturnHeader/Filer/EIN0770645010
ReturnHeader/Filer/InCareOfNm0% USBBA
ReturnHeader/Filer/PhoneNum07192422800
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 West Riverwalk
ReturnHeader/Filer/USAddress/CityNm0Pueblo
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd081003
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STOCKMAN KAST RYAN & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0102 N CASCADE AVENUE SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLORADO SPRINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080903
ReturnHeader/PreparerPersonGrp/PhoneNum07196301186
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOREEN B MERZ
ReturnHeader/ReturnTs02015-11-04T10:07:51-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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