Civic Intelligence

Gilroy Rodeo Association

990 • Fiscal year 2019 • EIN 83-0763894

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

3962 Mineshaft CourtShingle Springs, CA 95682

(831) 596-4199

Siviq Scores

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

Liabilities / Assets

98th percentile

4.35x

Higher debt load relative to assets than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

0.26x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

18th percentile

-16%

Higher net margin than 18% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

5th percentile

-73%

Faster asset growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

84th percentile

46%

Faster revenue growth than 84% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$17,038

Down $45,478 (-73%) from 2018

Net Assets

Down

-$56,998

Down $45,478 (-395%) from 2018

Liabilities

Flat

$74,036

Flat from 2018

Revenue

Up

$279,616

Up $87,788 (+46%) from 2018

Expenses

Up

$325,094

Up $121,746 (+60%) from 2018

Net Income

Down

-$45,478

Down $33,958 (-295%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2018: $62,516Liabilities 2018: $74,036Net Assets 2018: -$11,5202018Assets 2019: $17,038Liabilities 2019: $74,036Net Assets 2019: -$56,9982019Assets 2020: $38,738Liabilities 2020: $97,235Net Assets 2020: -$58,4972020Assets 2021: $160,445Liabilities 2021: $120,174Net Assets 2021: $40,2712021Assets 2022: $202,560Liabilities 2022: $169,698Net Assets 2022: $32,8622022Assets 2023: $376,715Liabilities 2023: $205,847Net Assets 2023: $170,8682023Assets 2024: $393,324Liabilities 2024: $129,993Net Assets 2024: $263,3312024

Highlighted filing

2019

Assets$17,038
Liabilities$74,036
Net Assets-$56,998

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2018: $191,828Expenses 2018: $203,348Net Income 2018: -$11,5202018Revenue 2019: $279,616Expenses 2019: $325,094Net Income 2019: -$45,4782019Revenue 2020: $33,678Expenses 2020: $35,177Net Income 2020: -$1,4992020Revenue 2021: $501,851Expenses 2021: $403,083Net Income 2021: $98,7682021Revenue 2022: $540,865Expenses 2022: $548,274Net Income 2022: -$7,4092022Revenue 2023: $838,508Expenses 2023: $700,502Net Income 2023: $138,0062023Revenue 2024: $944,851Expenses 2024: $852,388Net Income 2024: $92,4632024

Highlighted filing

2019

Revenue$279,616
Expenses$325,094
Net Income-$45,478
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$279,616
Mission and Program Overview

Mission

The Gilroy Rodeo Association (GRA) is organized exclusively for the purpose of educating the public and informing the youth of Santa Clara County and surrounding areas in the art and history of the cowboy and cowgirl rodeo and about agricultural matters. This purpose is accomplished by GRA hosting an annual, family-friendly rodeo and events that educates and entertains the public, supports Santa Clara County youth, showcases Western heritage and provides year-round educational support within the community. The Gilroy Rodeo Association is an all-volunteer, not-for-profit public benefit corporation. It is in pursuit of these goals that GRA sponsors annual public fairs, exhibitions, rodeos and other special events. These events offer the public a unique opportunity to be exposed to and informed about the many areas of agriculture including livestock breeding and improvement of breeds, horticulture, horses, poultry, swine and resource management and conservation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$70,000$70,000→ $0
Cash and Non-Interest-Bearing Accounts$62,516$17,038▼ $45,478
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$62,516$17,038▼ $45,478
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$4,036$4,036→ $0
Total Liabilities$74,036$74,036→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-11,520$-56,998▼ $45,478
Total Net Assets Fund Balance$-11,520$-56,998▼ $45,478
Total Liabilities and Net Assets / Fund Balance$62,516$17,038▼ $45,478
Compensation and Service Providers

Board Members and Trustees

NameTitle
Erik MartinDirector
Jade Ynzunza-katenDirector
Jesse BrownDirector
Joyce VierraDirector
Kim SullivanDirector
Kurt AshleyDirector
Lynette SmithDirector
Stacie RobertsDirector
Suzann Ynzunza-katenDirector
Tammy StoneDirector
Mary Jo CetaniTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$279,616
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-45,478
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$325,094
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$31,043$9,079-$40,122
Occupancy$35,000$3,421-$38,421
Other Expenses$15,000$7,510-$22,510
Advertising$19,740--$19,740
Fees for Services Legal-$11,140-$11,140
Insurance$5,000$1,825-$6,825
Travel-$1,762-$1,762
Office Expenses$900$77-$977
Information Technology-$185-$185
Total Functional Expenses$290,095$34,999$0$325,094
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$70,000$70,000→ $0
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
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

All directors were provided opportunity to review federal form 990 prior to filing.

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

Organization continually monitors conflict of interest policy, via director review.

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

Exemption application and federal form 990, available upon request.

Filing and Contact Details

Filer

Filer Name
Gilroy Rodeo Association
EIN
83-0763894
Phone
8315964199
Address
3962 MINESHAFT COURT, SHINGLE SPRINGS, CA 95682

Signing Officer

Name
Erik Martin
Title
Director
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erik Martin
Formed
2018
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
0
Employees
0
Volunteers
50

Preparer

Firm
Weston & Tuttle Llp
Address
3420 Coach Lane Ste 11, Cameron Park, CA 95682
Preparer
Markham D Tuttle CPA
Phone
5306761040
Supplemental Narrative

Additional Explanations

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

BANK CHARGES: Column (A) - Total = $9079; Column (B) - Program Services = $0; Column (C) - Management & General = $9079; Column (D) - Fundraising = $0

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

EQUIPMENT RENTALS: Column (A) - Total = $5695; Column (B) - Program Services = $5695; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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

MERCHANDISE: Column (A) - Total = $17792; Column (B) - Program Services = $17792; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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

SPONSOR COSTS: Column (A) - Total = $7556; Column (B) - Program Services = $7556; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990/OccupancyGrp/TotalAmt038421
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt077
IRS990/OfficeExpensesGrp/ProgramServicesAmt0900
IRS990/OfficeExpensesGrp/TotalAmt0977
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0ARENA EVENTS
IRS990/OtherExpensesGrp/Desc1PUBLIC SAFETY
IRS990/OtherExpensesGrp/Desc2LICENSE/PERMIT
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07510
IRS990/OtherExpensesGrp/ProgramServicesAmt0112119
IRS990/OtherExpensesGrp/ProgramServicesAmt141192
IRS990/OtherExpensesGrp/ProgramServicesAmt230101
IRS990/OtherExpensesGrp/ProgramServicesAmt315000
IRS990/OtherExpensesGrp/TotalAmt0112119
IRS990/OtherExpensesGrp/TotalAmt141192
IRS990/OtherExpensesGrp/TotalAmt230101
IRS990/OtherExpensesGrp/TotalAmt322510
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ERIK MARTIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0RODEO INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0279616
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0279616
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0203348
IRS990/PYProgramServiceRevenueAmt0191828
IRS990/PYRevenuesLessExpensesAmt0-11520
IRS990/PYTotalExpensesAmt0203348
IRS990/PYTotalRevenueAmt0191828
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-45478
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0279616
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0191828
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0191828
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0191828
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0191828
IRS990ScheduleA/Total509Grp/TotalAmt0191828
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0191828
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0191828
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LOAN PAYABL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt070000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ERIK MARTIN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL DIRECTORS WERE PROVIDED OPPORTUNITY TO REVIEW FEDERAL FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION CONTINUALLY MONITORS CONFLICT OF INTEREST POLICY, VIA DIRECTOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXEMPTION APPLICATION AND FEDERAL FORM 990, AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK CHARGES: Column (A) - Total = $9079; Column (B) - Program Services = $0; Column (C) - Management & General = $9079; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EQUIPMENT RENTALS: Column (A) - Total = $5695; Column (B) - Program Services = $5695; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MERCHANDISE: Column (A) - Total = $17792; Column (B) - Program Services = $17792; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SPONSOR COSTS: Column (A) - Total = $7556; Column (B) - Program Services = $7556; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt062516
IRS990/TotalAssetsEOYAmt017038
IRS990/TotalAssetsGrp/BOYAmt062516
IRS990/TotalAssetsGrp/EOYAmt017038
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034999
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0290095
IRS990/TotalFunctionalExpensesGrp/TotalAmt0325094
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt074036
IRS990/TotalLiabilitiesEOYAmt074036
IRS990/TotalLiabilitiesGrp/BOYAmt074036
IRS990/TotalLiabilitiesGrp/EOYAmt074036
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-11520
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-56998
IRS990/TotalProgramServiceExpensesAmt0290095
IRS990/TotalProgramServiceRevenueAmt0279616
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0279616
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0279616
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt062516
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt017038
IRS990/TravelGrp/ManagementAndGeneralAmt01762
IRS990/TravelGrp/TotalAmt01762
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03962 MINESHAFT COURT
IRS990/USAddress/CityNm0SHINGLE SPRINGS
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095682
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.GILROYRODEO.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true

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