Civic Intelligence

Cave Creek Rodeo Days

990 • Fiscal year 2023 • EIN 81-4986237

Jan 01, 2023 to Dec 31, 2023 • Filed on Feb 22, 2024

37201 N 28th St PO Box 586Cave Creek, AZ 85327

(602) 799-5554

Siviq Scores

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

Liabilities / Assets

57th percentile

0.04x

Higher debt load relative to assets than 57% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

66th percentile

0.09x

Higher debt load relative to revenue than 66% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

89th percentile

46%

Higher net margin than 89% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

81st percentile

29%

Faster asset growth than 81% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-24%

Faster revenue growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$322,312

Up $71,997 (+29%) from 2022

Net Assets

Up

$310,979

Up $60,664 (+24%) from 2022

Liabilities

Up

$11,333

Up $11,333 from 2022

Revenue

Down

$130,645

Down $42,218 (-24%) from 2022

Expenses

Down

$69,981

Down $46,358 (-40%) from 2022

Net Income

Up

$60,664

Up $4,140 (+7.3%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2017: $19,088Liabilities 2017: $0Net Assets 2017: $19,0882017Assets 2018: $118,318Liabilities 2018: $0Net Assets 2018: $118,3182018Assets 2019: $189,720Liabilities 2019: $0Net Assets 2019: $189,7202019Assets 2020: $271,366Liabilities 2020: $144,477Net Assets 2020: $126,8892020Assets 2021: $200,788Liabilities 2021: $50Net Assets 2021: $200,7382021Assets 2022: $250,315Liabilities 2022: $0Net Assets 2022: $250,3152022Assets 2023: $322,312Liabilities 2023: $11,333Net Assets 2023: $310,9792023Assets 2024: $303,277Liabilities 2024: $40,689Net Assets 2024: $262,5882024Assets 2025: $380,720Liabilities 2025: $0Net Assets 2025: $380,7202025

Highlighted filing

2023

Assets$322,312
Liabilities$11,333
Net Assets$310,979

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2017: $76,458Expenses 2017: $57,370Net Income 2017: $19,0882017Revenue 2018: $137,191Expenses 2018: $37,961Net Income 2018: $99,2302018Revenue 2019: $114,534Expenses 2019: $43,132Net Income 2019: $71,4022019Revenue 2020: -$41,517Expenses 2020: $21,314Net Income 2020: -$62,8312020Revenue 2021: $133,033Expenses 2021: $58,857Net Income 2021: $74,1762021Revenue 2022: $172,863Expenses 2022: $116,339Net Income 2022: $56,5242022Revenue 2023: $130,645Expenses 2023: $69,981Net Income 2023: $60,6642023Revenue 2024: $195,016Expenses 2024: $244,547Net Income 2024: -$49,5312024Revenue 2025: $336,720Expenses 2025: $220,146Net Income 2025: $116,5742025

Highlighted filing

2023

Revenue$130,645
Expenses$69,981
Net Income$60,664
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 22, 2024
Return Version
2023v4.0
Gross Receipts
$604,088
Mission and Program Overview

Mission

To preserve the cave creek memorial arena and the history of the cave creek foothills ranching community. To reduce the burden on the town of cave creek for repairs and maintenance of the arena memorial grounds. Also to provide an educational scholarship for candidates in the agricultural field.

Preserve history and cave creek memorial grounds and provide agricultural scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$250,315$322,312▲ $71,997
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$250,315$322,312▲ $71,997
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$10,333-
Deferred Revenue-$1,000-
Total Liabilities$0$11,333▲ $11,333
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$250,315$310,979▲ $60,664
Total Net Assets Fund Balance$250,315$310,979▲ $60,664
Total Liabilities and Net Assets / Fund Balance$250,315$322,312▲ $71,997
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike PoppenwimerPresident
Cory AxnessVice President
Erin BunchDirector
Kyle BlumerDirector
Levi SchofieldDirector
Louise RossDirector
Mary HartDirector
Michael FredricksonSecretary
Deeann MangisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$247,560
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-116,915
Change in Net Assets
$60,664

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$30,000Competetive Pricing
Other Non Cash Contri Table1$18,000Competetive Pricing
Other Non Cash Contri Table1$15,000Competetive Pricing
Other Non Cash Contri Table1$13,000Competetive Pricing
Other Non Cash Contri Table1$10,000Competetive Pricing
Food Inventory2$8,000Competetive Pricing
Other Non Cash Contri Table1$4,000Competetive Pricing
Other Non Cash Contri Table1$3,000Competetive Pricing
Other Non Cash Contri Table1$3,000Competetive Pricing
Other Non Cash Contri Table1$3,000Competetive Pricing
Other Non Cash Contri Table1$3,000Competetive Pricing
Other Non Cash Contri Table1$2,500Competetive Pricing
Other Non Cash Contri Table1$2,000Competetive Pricing
Other Non Cash Contri Table1$2,000Competetive Pricing
Other Non Cash Contri Table1$1,333Competetive Pricing
Total Noncash Contributions16$117,833-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$44,568
Grants and Similar Amounts Paid$25,413
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$25,413--$25,413
Office Expenses-$1,237-$1,237
All Other Expenses-$661-$661
Advertising$634--$634
Other Expenses$500$2,849-$500
Total Functional Expenses$47,797$22,184$0$69,981
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Town of Cave CreekCave Creek, AZ-Cost Reimbursement$25,413
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$473,443
Fundraising Gross Income$354,758
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rodeo$354,758$354,758$473,443$-118,685
Total Events$354,758$354,758$473,443$-118,685
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Cave Creek Rodeo Days
EIN
81-4986237
Phone
6027995554
Address
37201 N 28TH ST PO BOX 586, CAVE CREEK, AZ 85327

Signing Officer

Name
Mike Poppenwimer
Title
President
Signed
2024-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Poppenwimer
Formed
2017
Legal Domicile
Az
Voting Board Members
9
Independent Board Members
6
Employees
0
Volunteers
10

Preparer

Firm
Mcgrath Nothman Pc
Address
11000 N SCOTTSDALE RD STE 220, SCOTTSDALE, AZ 85254
Preparer
Paul R Nothman
Phone
4809511040
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