Civic Intelligence

Perryton Rodeo Association Inc.

EIN 81-2919004 • 501(c)3 • Perryton, TX

Pub. 78 Eligible

Profile

Perryton rodeo association organizes and puts on rodeos that advance the sport of rodeo for amateur participants and spectators from the general public in a manner that is not for profit of any shareholder or member. Pra is not focused on promoting the recreational or social interest of its members or any private interests. Secondly, the rodeos are produced to expressly include youth allowing them to engage in a positive, athletic and learning experience. Pra events foster the learning and honing of practical life skills in participants. Thirdly, the rodeo events are organized and executed in a positive way to bring people and activity to the local community. Perryton is a very small town and it's activities are intended to and do improve the local community from an economic and social welfare perspective. The additional people drawn into town for the events bring relief to many struggling businesses due to a recent downturn of economic activity in the area.

PO Box 452Perryton, TX 79070

n/A

Siviq Scores

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

Liabilities / Assets

79th percentile

0.11x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

23rd percentile

-20%

Higher net margin than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

57th percentile

1.2%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

34th percentile

-17%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$70,577

Down $9,611 (-12%) from 2023

Liabilities

Up

$7,665

Up $7,665 from 2023

Net Assets

Down

$62,912

Down $17,276 (-22%) from 2023

Revenue

Down

$88,002

Down $14,726 (-14%) from 2023

Expenses

Up

$105,277

Up $13,867 (+15%) from 2023

Net Income

Down

-$17,275

Down $28,593 (-253%) from 2023

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0Assets 2017: $71,729Liabilities 2017: $0Net Assets 2017: $71,7292017Assets 2018: $69,628Liabilities 2018: $0Net Assets 2018: $69,6282018Assets 2019: $77,784Liabilities 2019: $0Net Assets 2019: $77,7842019Assets 2020: $89,996Liabilities 2020: $0Net Assets 2020: $89,9962020Assets 2021: $69,876Liabilities 2021: $4,500Net Assets 2021: $65,3762021Assets 2022: $68,869Liabilities 2022: $0Net Assets 2022: $68,8692022Assets 2023: $80,188Liabilities 2023: $0Net Assets 2023: $80,1882023Assets 2024: $70,577Liabilities 2024: $7,665Net Assets 2024: $62,9122024

Highlighted filing

2024

Assets$70,577
Liabilities$7,665
Net Assets$62,912

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2017: $89,155Expenses 2017: $85,191Net Income 2017: $3,9642017Revenue 2018: $55,458Expenses 2018: $57,558Net Income 2018: -$2,1002018Revenue 2019: $85,432Expenses 2019: $77,276Net Income 2019: $8,1562019Revenue 2020: $56,680Expenses 2020: $44,469Net Income 2020: $12,2112020Revenue 2021: $67,740Expenses 2021: $92,360Net Income 2021: -$24,6202021Revenue 2022: $128,270Expenses 2022: $124,777Net Income 2022: $3,4932022Revenue 2023: $102,728Expenses 2023: $91,410Net Income 2023: $11,3182023Revenue 2024: $88,002Expenses 2024: $105,277Net Income 2024: -$17,2752024

Highlighted filing

2024

Revenue$88,002
Expenses$105,277
Net Income-$17,275

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.0
Gross Receipts
$88,002
Mission and Program Overview

Mission

Perryton rodeo association organizes and puts on rodeos that advance the sport of rodeo for amateur participants and spectators from the general public in a manner that is not for profit of any shareholder or member. Pra is not focused on promoting the recreational or social interest of its members or any private interests. Secondly, the rodeos are produced to expressly include youth allowing them to engage in a positive, athletic and learning experience. Pra events foster the learning and honing of practical life skills in participants. Thirdly, the rodeo events are organized and executed in a positive way to bring people and activity to the local community. Perryton is a very small town and it's activities are intended to and do improve the local community from an economic and social welfare perspective. The additional people drawn into town for the events bring relief to many struggling businesses due to a recent downturn of economic activity in the area.

Program Services

DescriptionGrantsExpenses
A RODEO AND BULLFIGHTING EVENT WERE HOSTED IN AUGUST OF 2024 . THEY WERE HELD DURING THE PERRYTON TX ANNUAL WHEATHEART CELEBRATION. OVER 2,300 SPECTATORS ATTENDED THE TWO NIGHTS OF RODEO ACTIVITIES. THE EVENT DREW MANY PEOPLE FROM OUTSIDE THE LOCAL AREA TO OUR TOWN. ADDITIONALLY, THERE WERE PARTICIPANTS AND STOCK CONTRACTORS IN TOWN ALSO. IT DID INCLUDE A LARGE NUMBER OF YOUTH AND BROUGHT PEOPLE IN TO TOWN TO HELP SPUR THE LOCAL ECONOMY AT LOCAL RETAILERS AND RESTAURANTS.-$105,277
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAM CHISUMSecretary/Tr-$0--
JODY CHISUMDirector-$0--
BRUCE COWANVice Pres/Di-$0--
BRENT CRESWELLPres/Directo-$0--
TREVOR CHISUMDirector-$0--
LELAND COWANDirector-$0--
RON SNYDERDirector-$0--
TERESSA CRESWELLDirector-$0--
GREG CAMPBELLDirector-$0--
Filing and Contact Details

Filer

Filer Name
Perryton Rodeo Association Inc
EIN
81-2919004
Phone
8064343438
Address
PO BOX 452, PERRYTON, TX 79070

Signing Officer

Name
Pam Chisum
Title
Secretary/treasurer
Phone
8064352587
Signed
2025-11-10

Preparer

Firm
Cowan & Hooten
Address
902 N MAIN, PERRYTON, TX 79070
Preparer
Marcia Cowan
Phone
8064354442
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 4,024 office supplies 187 total 4,211

Form 990-ez, Part II, Line 24

Pledges receivable 3,000 0 accounts receivable 1,750 3,000 total 4,750 3,000

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 7,665

Form 990-ez, Part III

Perryton rodeo association organizes and puts on rodeos that advance the sport of rodeo for amateur participants and spectators from the general public in a manner that is not for profit of any shareholder or member. Pra is not focused on promoting the recreational or social interest of its members or any private interests. Secondly, the rodeos are produced to expressly include youth allowing them to engage in a positive, athletic and learning experience. Pra events foster the learning and honing of practical life skills in participants. Thirdly, the rodeo events are organized and executed in a positive way to bring people and activity to the local community. Perryton is a very small town and it's activities are intended to and do improve the local community from an economic and social welfare perspective. The additional people drawn into town for the events bring relief to many struggling businesses due to a recent downturn of economic activity in the area.

Form 990-ez, Part III, Line 28

A rodeo and bullfighting event were hosted in august of 2024 . They were held during the perryton tx annual wheatheart celebration. Over 2,300 spectators attended the two nights of rodeo activities. The event drew many people from outside the local area to our town. Additionally, there were participants and stock contractors in town also. It did include a large number of youth and brought people in to town to help spur the local economy at local retailers and restaurants.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 4,024 OFFICE SUPPLIES 187 TOTAL 4,211
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 7,665
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PERRYTON RODEO ASSOCIATION ORGANIZES AND PUTS ON RODEOS THAT ADVANCE THE SPORT OF RODEO FOR AMATEUR PARTICIPANTS AND SPECTATORS FROM THE GENERAL PUBLIC IN A MANNER THAT IS NOT FOR PROFIT OF ANY SHAREHOLDER OR MEMBER. PRA IS NOT FOCUSED ON PROMOTING THE RECREATIONAL OR SOCIAL INTEREST OF ITS MEMBERS OR ANY PRIVATE INTERESTS. SECONDLY, THE RODEOS ARE PRODUCED TO EXPRESSLY INCLUDE YOUTH ALLOWING THEM TO ENGAGE IN A POSITIVE, ATHLETIC AND LEARNING EXPERIENCE. PRA EVENTS FOSTER THE LEARNING AND HONING OF PRACTICAL LIFE SKILLS IN PARTICIPANTS. THIRDLY, THE RODEO EVENTS ARE ORGANIZED AND EXECUTED IN A POSITIVE WAY TO BRING PEOPLE AND ACTIVITY TO THE LOCAL COMMUNITY. PERRYTON IS A VERY SMALL TOWN AND IT'S ACTIVITIES ARE INTENDED TO AND DO IMPROVE THE LOCAL COMMUNITY FROM AN ECONOMIC AND SOCIAL WELFARE PERSPECTIVE. THE ADDITIONAL PEOPLE DRAWN INTO TOWN FOR THE EVENTS BRING RELIEF TO MANY STRUGGLING BUSINESSES DUE TO A RECENT DOWNTURN OF ECONOMIC ACTIVITY IN THE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A RODEO AND BULLFIGHTING EVENT WERE HOSTED IN AUGUST OF 2024 . THEY WERE HELD DURING THE PERRYTON TX ANNUAL WHEATHEART CELEBRATION. OVER 2,300 SPECTATORS ATTENDED THE TWO NIGHTS OF RODEO ACTIVITIES. THE EVENT DREW MANY PEOPLE FROM OUTSIDE THE LOCAL AREA TO OUR TOWN. ADDITIONALLY, THERE WERE PARTICIPANTS AND STOCK CONTRACTORS IN TOWN ALSO. IT DID INCLUDE A LARGE NUMBER OF YOUTH AND BROUGHT PEOPLE IN TO TOWN TO HELP SPUR THE LOCAL ECONOMY AT LOCAL RETAILERS AND RESTAURANTS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/ReturnTs02025-11-13T12:55:52-05:00
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