Civic Intelligence

Cave Creek Rodeo Days

990 • Fiscal year 2024 • EIN 81-4986237

Jan 01, 2024 to Dec 31, 2024 • Filed on Jan 27, 2025

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

72nd percentile

0.13x

Higher debt load relative to assets than 72% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.21x

Higher debt load relative to revenue than 78% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

12th percentile

-25%

Higher net margin than 12% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

24th percentile

-5.9%

Faster asset growth than 24% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

49%

Faster revenue growth than 81% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$303,277

Down $19,035 (-5.9%) from 2023

Net Assets

Down

$262,588

Down $48,391 (-16%) from 2023

Liabilities

Up

$40,689

Up $29,356 (+259%) from 2023

Revenue

Up

$195,016

Up $64,371 (+49%) from 2023

Expenses

Up

$244,547

Up $174,566 (+249%) from 2023

Net Income

Down

-$49,531

Down $110,195 (-182%) from 2023

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

2024

Assets$303,277
Liabilities$40,689
Net Assets$262,588

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

2024

Revenue$195,016
Expenses$244,547
Net Income-$49,531
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jan 27, 2025
Return Version
2024v5.0
Gross Receipts
$619,443
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$322,312$303,277▼ $19,035
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$322,312$303,277▼ $19,035
Other Assets Total-$0-
Liabilities
Deferred Revenue$1,000$39,500▲ $38,500
Accounts Payable and Accrued Expenses$9,193$1,189▼ $8,004
Total Liabilities$10,193$40,689▲ $30,496
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$312,119$262,588▼ $49,531
Total Net Assets Fund Balance$312,119$262,588▼ $49,531
Total Liabilities and Net Assets / Fund Balance$322,312$303,277▼ $19,035
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike PoppenwimerPresident
Michael FredricksonVice President
Cory AxnessDirector
Erin BunchDirector
Kyle BlumerDirector
Levi SchofieldDirector
Mary HartDirector
Louise RossSecretary
Deeann MangisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$152,743
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$42,273
Change in Net Assets
$-49,531
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$200,000
Other Expenses$44,547
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$200,000--$200,000
Office Expenses-$2,829-$2,829
Other Expenses$23,999$356-$356
All Other Expenses$213$104-$317
Total Functional Expenses$224,212$20,335$0$244,547
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Town of Cave CreekCave Creek, AZ-Cost Reimbursement$200,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$454,682
Fundraising Direct Expenses$424,427
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rodeo$454,682$454,682$424,427$30,255
Total Events$454,682$454,682$424,427$30,255
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
2025-01-27
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
9180 E DESERT COVE AVE SUITE 104, Scottsdale, AZ 85260
Preparer
Paul R Nothman
Phone
4809511040
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt094550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0569253
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0358949
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0266265
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0251049
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0132164
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01008427
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01577680
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0505805
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0395992
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0368949
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0212384
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt094550
IRS990ScheduleA/Total509Grp/TotalAmt01577680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0505805
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0395992
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0368949
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0212384
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt094550
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01577680
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
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IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0424427
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RODEO
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0454682
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0454682
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0454682
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt030255
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0424427
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0424427
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0200000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0COST REIMBURSEMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TOWN OF CAVE CREEK
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IRS990ScheduleI/RecipientTable/USAddress/CityNm0CAVE CREEK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AZ
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0303277
IRS990/TotalAssetsGrp/BOYAmt0322312
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IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0224212
IRS990/TotalFunctionalExpensesGrp/TotalAmt0244547
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt010193
IRS990/TotalLiabilitiesGrp/EOYAmt040689
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0312119
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0262588
IRS990/TotalProgramServiceExpensesAmt0224212
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt042273
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0195016
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0322312
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0303277
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt037201 N 28TH ST PO BOX 586
IRS990/USAddress/CityNm0CAVE CREEK
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085327
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0cavecreekrodeodays.com

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