Civic Intelligence

Caldwell Treasure Valley Rodeo Inc

990 • Fiscal year 2016 • EIN 82-0128057

Nov 01, 2015 to Oct 31, 2016 • Filed on Jan 16, 2017

PO Box 98Caldwell, ID 83606

(208) 459-2060

Siviq Scores

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

Liabilities / Assets

41st percentile

0.04x

Higher debt load relative to assets than 41% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

38th percentile

0.04x

Higher debt load relative to revenue than 38% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Net Margin

59th percentile

11%

Higher net margin than 59% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

77th percentile

$59,822

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Asset Growth

75th percentile

10%

Faster asset growth than 75% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

59th percentile

4.1%

Faster revenue growth than 59% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,373,036

Up $127,229 (+10%) from 2015

Net Assets

Up

$1,321,739

Up $128,618 (+11%) from 2015

Liabilities

Down

$51,297

Down $1,389 (-2.6%) from 2015

Revenue

Up

$1,147,286

Up $44,893 (+4.1%) from 2015

Expenses

Up

$1,018,668

Up $148,262 (+17%) from 2015

Net Income

Down

$128,618

Down $103,369 (-45%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $644,345Liabilities 2011: $33,275Net Assets 2011: $611,0702011Assets 2012: $711,333Liabilities 2012: $30,952Net Assets 2012: $680,3812012Assets 2013: $863,548Liabilities 2013: $45,652Net Assets 2013: $817,8962013Assets 2014: $1,000,261Liabilities 2014: $39,127Net Assets 2014: $961,1342014Assets 2015: $1,245,807Liabilities 2015: $52,686Net Assets 2015: $1,193,1212015Assets 2016: $1,373,036Liabilities 2016: $51,297Net Assets 2016: $1,321,7392016Assets 2017: $1,505,331Liabilities 2017: $63,943Net Assets 2017: $1,441,3882017Assets 2018: $1,545,153Liabilities 2018: $60,409Net Assets 2018: $1,484,7442018Assets 2019: $1,579,297Liabilities 2019: $53,068Net Assets 2019: $1,526,2292019Assets 2020: $1,380,623Liabilities 2020: $111,653Net Assets 2020: $1,268,9702020Assets 2021: $1,665,308Liabilities 2021: $77,763Net Assets 2021: $1,587,5452021Assets 2022: $1,843,255Liabilities 2022: $87,434Net Assets 2022: $1,755,8212022Assets 2023: $2,005,382Liabilities 2023: $131,691Net Assets 2023: $1,873,6912023Assets 2024: $2,009,674Liabilities 2024: $89,750Net Assets 2024: $1,919,9242024

Highlighted filing

2016

Assets$1,373,036
Liabilities$51,297
Net Assets$1,321,739

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $749,029Expenses 2011: $662,012Net Income 2011: $87,0172011Expenses 2012: $664,9432012Revenue 2013: $881,664Expenses 2013: $744,149Net Income 2013: $137,5152013Revenue 2014: $928,198Expenses 2014: $784,960Net Income 2014: $143,2382014Revenue 2015: $1,102,393Expenses 2015: $870,406Net Income 2015: $231,9872015Revenue 2016: $1,147,286Expenses 2016: $1,018,668Net Income 2016: $128,6182016Revenue 2017: $1,219,892Expenses 2017: $1,100,243Net Income 2017: $119,6492017Revenue 2018: $1,265,758Expenses 2018: $1,222,402Net Income 2018: $43,3562018Revenue 2019: $1,279,538Expenses 2019: $1,238,053Net Income 2019: $41,4852019Revenue 2020: $167,332Expenses 2020: $424,591Net Income 2020: -$257,2592020Revenue 2021: $1,617,211Expenses 2021: $1,298,636Net Income 2021: $318,5752021Revenue 2022: $1,685,493Expenses 2022: $1,517,217Net Income 2022: $168,2762022Revenue 2023: $1,884,217Expenses 2023: $1,766,347Net Income 2023: $117,8702023Revenue 2024: $2,161,872Expenses 2024: $2,115,639Net Income 2024: $46,2332024

Highlighted filing

2016

Revenue$1,147,286
Expenses$1,018,668
Net Income$128,618
Jump To
Filing Snapshot
Filing Period
Nov 1, 2015 to Oct 31, 2016
Signed
Jan 16, 2017
Return Version
2015v3.0
Gross Receipts
$1,179,405
Mission and Program Overview

Mission

To run a rodeo to provide entertainment and a source of revenue to the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$405,351$560,985▲ $155,634
Investments in Publicly Traded Securities$255,593$336,574▲ $80,981
Cash and Non-Interest-Bearing Accounts$397,466$259,004▼ $138,462
Land, Buildings, and Equipment, Net$163,002$171,642▲ $8,640
Accounts Receivable$9,572$23,315▲ $13,743
Prepaid Expenses and Deferred Charges$10,108$10,701▲ $593
Intangible Assets$1,656$5,535▲ $3,879
Inventories for Sale or Use$3,059$5,280▲ $2,221
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-
Total Assets$1,245,807$1,373,036▲ $127,229
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$51,286$49,947▼ $1,339
Other Liabilities$1,400$1,350▼ $50
Total Liabilities$52,686$51,297▼ $1,389
Net Assets / Fund Balance
Unrestricted Net Assets$946,262$1,078,043▲ $131,781
Permanently Rstr Net Assets$246,859$243,696▼ $3,163
Total Net Assets Fund Balance$1,193,121$1,321,739▲ $128,618
Total Liabilities and Net Assets / Fund Balance$1,245,807$1,373,036▲ $127,229

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$86,752$1,052,995$1,139,747
Equipment$50,535$27,035$77,570
Buildings$33,687$16,481$50,168
Other Land Buildings$668$2,735$3,403

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$246,859$50,790▲ $7,984$8,897$243,695
2015$217,826$51,552▲ $7,383$7,036$246,859
2014$227,150$51,502▲ $5,724$17,421$217,826
2013$223,444$43,436▲ $7,419$3,709$227,150
2012$208,265$50,125▲ $7,043$2,120$223,444
Compensation and Service Providers

Employees

NameTitleBaseTotal
Pamela L HaynMarketing Manager$59,822$59,822
Gene BettsExecutive Secretary$8,853$8,853
Michelle BadgerExec Sec$8,000$8,000

Board Members and Trustees

NameTitle
Brett OrtlandPast President
Frank WyantPresident
Rick SerratosVice President
Bill WardDirector
Cecil VassarDirector
Curt RuehlDirector
James BowerDirector
Mark AraquistainDirector
Michael GoffDirector
Nikki ZacharyDirector
Ryan BuhlerDirector
Vinton HowellDirector
Craig Stradley2nd Vice Presid
Brain VoortmanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$32,091
Program Service Revenue
$1,087,889
Investment Income
$21,807
Other Revenue
$5,499
All Other Contributions
$32,091
Change in Net Assets
$128,618
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$870,947
Salaries, Compensation, and Employee Benefits$84,430
Grants and Similar Amounts Paid$63,291
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$232,342--$232,342
Current Officers, Directors, Trustees, and Key Employees$76,676--$76,676
Grants to Domestic Orgs$63,291--$63,291
Other Expenses$56,588--$56,588
Advertising$55,149--$55,149
Depreciation Depletion$45,508--$45,508
Occupancy$39,969--$39,969
Insurance$18,514--$18,514
Office Expenses$8,283--$8,283
Payroll Taxes$7,754--$7,754
Conferences and Meetings$5,986--$5,986
Fees for Services Accounting$4,700--$4,700
Fees for Services Management$1,500--$1,500
Interest$962--$962
Total Functional Expenses$1,018,668$0$0$1,018,668
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Saint Alphonsus Regional MedBoise, ID-To Provide Mammagrams$18,021
West Valley Medical CenterCaldwell, ID-To Provide Mammagrams$18,020
Misc DonationsCaldwell, ID-To Sponsor Related Organization$10,250
Boise Rescue MissionBoise, ID-To Provide Assistance to Veterns$10,000
Caldwell Veterans CenterCaldwell, ID-To Provide Assistance to Veterans$7,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,370
Fundraising Direct Expenses$15,568
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pink Auction/sales$18,979$18,979$15,318$3,661
Military Relief Auction Sales$6,391$6,391$250$6,141
Total Events$25,370$25,370$15,568$9,802
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Membership$1,350
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Father on honorary board, son on governing board

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Organization has a board of 14 members currently, after spending several years on the board, the member if in good standing can go to the honorary board there are currently 13 honorary board members.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Every year a certain number of board members are up for reelection or they resign. The board votes for their continuation on the board or for a replacement. The board has regular meetings in which decisions are made by the board. The honorary board can only vote at the annual meeting.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The board has regular meetings in which decisions are made by the board. The honorary board can only vote at the annual meeting.

Form 990, Part VI, Line 11B: Form 990 Review Process

In an annual meeting the compiled financial statements are presented and reviewed by the board.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization board is small and the activities of the members are well known by the other members. Thus they self monitor each other.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board members are all business people who are aware of compensation rates in the community. They review the employees yearly by a committee.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The documents are available upon request however, the organization believes they are private documents and will not give them out without justfication.

Filing and Contact Details

Filer

Filer Name
Caldwell Treasure Valley Rodeo Inc
EIN
82-0128057
Phone
2084592060
Address
PO BOX 98, CALDWELL, ID 83606

Signing Officer

Name
Frank Wyant
Title
President
Signed
2017-01-16
Discuss with paid preparer
Yes

Organization Details

Formed
1966
Legal Domicile
Id
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
50

Preparer

Firm
Christensen Jackson Stone Vis & Hart PLLC
Address
1201 S Kimball Ave, Caldwell, ID 83605
Preparer
Debra L Vis
Phone
2084590021
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - THE ORGANIZATION SELLS BUCKLES, TEE SHIRTS AND CAPS AT THE RODEO AND FOR A FEW MONTHS PRIOR TO THE RODEO AT OTHER COMMUNITY EVENTS. THERE ARE A FEW INTERNET SALES ALSO. THE ACTIVITY IS NOT CARRIED ON A REGULAR BASIS. THEREFORE THEY ARE NOT REQUIRED TO REPORT IT ON FORM 990T. THE ORGANIZATION HAS QUALIFIED SPONSORSHIP REVENUE WHICH IS ALSO NOT TAXABLE.

Form 990, Part IX, Line 24E: Other Expenses

AMBULANCE: Column (A) - Total = $2790; Column (B) - Program Services = $2790; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

ANNOUNCER: Column (A) - Total = $16900; Column (B) - Program Services = $16900; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

BAD DEBT: Column (A) - Total = $60; Column (B) - Program Services = $60; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

BANK CHARGES: Column (A) - Total = $4771; Column (B) - Program Services = $4771; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CENTURY ROPING EXPENSE: Column (A) - Total = $44039; Column (B) - Program Services = $44039; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CHRISTMAS PARTY EXPENSES: Column (A) - Total = $19699; Column (B) - Program Services = $19699; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CLEAN-UP: Column (A) - Total = $4875; Column (B) - Program Services = $4875; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CLOWN AND BULL FIGHTER: Column (A) - Total = $19313; Column (B) - Program Services = $19313; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

COST OF ADVERTISING: Column (A) - Total = $9276; Column (B) - Program Services = $9276; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

DIRECTOR'S EXPENSE: Column (A) - Total = $7068; Column (B) - Program Services = $7068; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

DIRECTORS/HOSPITALITY: Column (A) - Total = $5116; Column (B) - Program Services = $5116; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

DUES AND FEES: Column (A) - Total = $2050; Column (B) - Program Services = $2050; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

EQUIPMENT RENT: Column (A) - Total = $10414; Column (B) - Program Services = $10414; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

EVENT SPONSOR FLAGS: Column (A) - Total = $2700; Column (B) - Program Services = $2700; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

ICE: Column (A) - Total = $1380; Column (B) - Program Services = $1380; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

JUDGING: Column (A) - Total = $4820; Column (B) - Program Services = $4820; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

LESS ALLOCATION TO RENTAL: Column (A) - Total = $-8183; Column (B) - Program Services = $-8183; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

LICENSE: Column (A) - Total = $30; Column (B) - Program Services = $30; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

LODGING: Column (A) - Total = $2950; Column (B) - Program Services = $2950; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

PARKING & TRAFFIC CONTROL: Column (A) - Total = $1500; Column (B) - Program Services = $1500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $3364; Column (B) - Program Services = $3364; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

PRERODEO EVENTS: Column (A) - Total = $3811; Column (B) - Program Services = $3811; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Printing and Publications: Column (A) - Total = $349; Column (B) - Program Services = $349; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

PRODUCTION EXPENSE: Column (A) - Total = $2744; Column (B) - Program Services = $2744; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

PROGRAM EXPENSES: Column (A) - Total = $3190; Column (B) - Program Services = $3190; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

PUBLIC RELATIONS: Column (A) - Total = $4678; Column (B) - Program Services = $4678; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

QUEENS CONTEST/SCHOLARSHIP: Column (A) - Total = $4314; Column (B) - Program Services = $4314; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

ROWDY'S SALOON EXPENSES: Column (A) - Total = $7764; Column (B) - Program Services = $7764; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SCOREBOARD: Column (A) - Total = $11000; Column (B) - Program Services = $11000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SECURITY: Column (A) - Total = $1500; Column (B) - Program Services = $1500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SIGN PAINTING: Column (A) - Total = $13705; Column (B) - Program Services = $13705; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SOUND SYSTEM: Column (A) - Total = $14700; Column (B) - Program Services = $14700; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TICKET COST: Column (A) - Total = $4409; Column (B) - Program Services = $4409; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TRACTOR FUEL: Column (A) - Total = $2152; Column (B) - Program Services = $2152; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

WEBSITE: Column (A) - Total = $3094; Column (B) - Program Services = $3094; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The organization has 3 restricted funds. They have a rainout fund, which is held in case of bad weather or other event which prevents patrons from attending the rodeo, thus allowing their expenses to be paid. They have a pink fund, in which the rodeo has a special night and activities to support breast cancer. The proceeds are then donated to local hospitals to provide mammagrams to women. The military fund in which the rodeo has a special night and activities to support local veterans organizatons.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.01$0.09$1.92$2.16$2.12$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.01$0.13$1.87$1.88$1.77$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.84$0.09$1.76$1.69$1.52$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.67$0.08$1.59$1.62$1.30$0.32
2020Detailed filing. Detailed filing data is available for this year.$1.38$0.11$1.27$0.17$0.42$0.26
2019Detailed filing. Detailed filing data is available for this year.$1.58$0.05$1.53$1.28$1.24$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.55$0.06$1.48$1.27$1.22$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.51$0.06$1.44$1.22$1.10$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.37$0.05$1.32$1.15$1.02$0.13
2015Summary only. Only limited summary data is available for this year.$1.25$0.05$1.19$1.10$0.87$0.23
2014Detailed filing. Detailed filing data is available for this year.$1.00$0.04$0.96$0.93$0.78$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.05$0.82$0.88$0.74$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.03$0.68$0.66
2011Summary only. Only limited summary data is available for this year.$0.64$0.03$0.61$0.75$0.66$0.09
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)4 • $1M-$5M nonprofits