Civic Intelligence

Miss Rodeo America Inc.

EIN 84-1189654 • 501(c)3 • Colorado Springs, CO

Pub. 78 Eligible

Profile

Promoting the western culture and way of life by educating the general public on topics including ranching and farming heritage, the agriculture industry and the sport of rodeo.

101 Pro Rodeo DriveColorado Springs, CO 80919

www.missrodeoamerica.com

Siviq Scores

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

Liabilities / Assets

50th percentile

0.01x

Higher debt load relative to assets than 50% of similar nonprofits.

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

Liabilities / Revenue

51st percentile

0.02x

Higher debt load relative to revenue than 51% of similar nonprofits.

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

Net Margin

14th percentile

-24%

Higher net margin than 14% of similar nonprofits.

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.

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

Asset Growth

16th percentile

-16%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

19th percentile

-19%

Faster revenue growth than 19% of similar nonprofits.

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

Assets

Down

$414,172

Down $81,114 (-16%) from 2023

Liabilities

Up

$5,976

Up $4,295 (+256%) from 2023

Net Assets

Down

$408,196

Down $85,409 (-17%) from 2023

Revenue

Down

$354,026

Down $80,379 (-19%) from 2023

Expenses

Up

$439,435

Up $62,683 (+17%) from 2023

Net Income

Down

-$85,409

Down $143,062 (-248%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2019: $458,823Liabilities 2019: $18,477Net Assets 2019: $440,3462019Assets 2020: $423,209Liabilities 2020: $17,313Net Assets 2020: $405,8962020Assets 2021: $312,860Liabilities 2021: $2,035Net Assets 2021: $310,8252021Assets 2022: $452,588Liabilities 2022: $16,636Net Assets 2022: $435,9522022Assets 2023: $495,286Liabilities 2023: $1,681Net Assets 2023: $493,6052023Assets 2024: $414,172Liabilities 2024: $5,976Net Assets 2024: $408,1962024

Highlighted filing

2024

Assets$414,172
Liabilities$5,976
Net Assets$408,196

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2019: $502,807Expenses 2019: $520,660Net Income 2019: -$17,8532019Revenue 2020: $243,647Expenses 2020: $253,715Net Income 2020: -$10,0682020Revenue 2021: $348,880Expenses 2021: $427,704Net Income 2021: -$78,8242021Revenue 2022: $703,633Expenses 2022: $509,381Net Income 2022: $194,2522022Revenue 2023: $434,405Expenses 2023: $376,752Net Income 2023: $57,6532023Revenue 2024: $354,026Expenses 2024: $439,435Net Income 2024: -$85,4092024

Highlighted filing

2024

Revenue$354,026
Expenses$439,435
Net Income-$85,409

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 27, 2025
Return Version
2024v5.0
Gross Receipts
$559,179
Mission and Program Overview

Mission

Promoting the western culture and way of life by educating the general public on topics including ranching and farming heritage, the agriculture industry and the sport of rodeo.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$446,710$361,301▼ $85,409
Investments in Publicly Traded Securities$236,602$254,596▲ $17,994
Savings and Temporary Cash Investments$173,329$158,035▼ $15,294
Pd in Cap Srpls Land Bldg Eqp Fund$46,895$46,895→ $0
Accounts Receivable$15,322--
Prepaid Expenses and Deferred Charges$1,600$1,600→ $0
Land, Buildings, and Equipment, Net$338$202▼ $136
Cash and Non-Interest-Bearing Accounts$68,095$-261▼ $68,356
Total Assets$495,286$414,172▼ $81,114
Liabilities
Accounts Payable and Accrued Expenses$1,681$5,976▲ $4,295
Total Liabilities$1,681$5,976▲ $4,295
Net Assets / Fund Balance
Total Net Assets Fund Balance$493,605$408,196▼ $85,409
Total Liabilities and Net Assets / Fund Balance$495,286$414,172▼ $81,114
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carolyn ShumwayPresident
Johna NiedfeltDirector
Joni JespersenDirector
Nicole CypersDirector
Sue Lynn PerryDirector
Judy GillMember
Deb DilleySecretary
Tracy DamrellTreasurer
Chris LemkeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$511,124
Investment Income
$20,463
Other Revenue
$-177,561
Change in Net Assets
$-85,409

Audited Revenue Reconciliation

Revenue per Audited Statements
$354,026
Total Revenue per Audited Statements
$354,026
Total Revenue per Form 990
$354,026
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$281,011
Salaries, Compensation, and Employee Benefits$158,424
Total Fundraising Expense$18,983
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$196,824$491$109$197,424
Other Salaries and Wages$65,447$65,448$14,544$145,439
Conferences and Meetings$7,856$6,285$1,571$15,712
Occupancy$6,875$6,875-$13,750
Payroll Taxes$5,843$5,843$1,299$12,985
Office Expenses$5,486$6,096$610$12,192
Travel$11,042--$11,042
Advertising$10,969--$10,969
Information Technology$5,524$2,125$850$8,499
Insurance$946$1,757-$2,703
Other Expenses$523$5,171-$523
Depreciation Depletion$136--$136
Total Functional Expenses$320,361$100,091$18,983$439,435

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$439,435
Total Expenses per Audited Statements$439,435
Total Expenses per Form 990$439,435
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$177,438
Fundraising Gross Income$8,474
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Executive board of directors shall consist of not less than 9, nor more than 10 voting members. Four directors will be elected by the board of national directors, four directors will be elected by the executive board of directors, and one director elected by the national advisory council. The executive board of directors has the full power and authority to perform any and all acts and have control of the property and business of the organization.

Form 990, Page 6, Part VI, Line 7B

Election of the national board of directors

Form 990, Page 6, Part VI, Line 9

Carolyn shumway 401 shumway road pasco, wa 99301 joni jespersen 7551 johnson rd1 hemingford, ne 69348 judy gill 7511 hwy 1133 sulpher, la 70665 chris lemke 1409 big valley lane north las vegas, nv 89081 jeana litton 100283 highway 92 mitchell, ne 69357 johna niedfelt 3720 state st k6 grand island, ne 68803 tracy damrell deb dilley sue lynn perry nicole cypers

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

Any complaint that is filed regarding miss rodeo america, inc. Organizational/business operations, miss rodeo america pageant operations or state pageant issues must adhere to the following: 1.all complaints must be submitted in writing. 2.complaints must include the name, address and daytime phone number of the person filing the complaint. 3.the complaint should include as much detail about the subject as possible in order for appropriate action to be taken. 4.complaints may be submitted to the office:101 pro rodeo drive,colorado springs, co 80919, addressed to any of the following:miss rodeo america, inc. President,miss rodeo america, inc. Executive board, or "miss rodeo america, inc. Pageant director/operations manager.complaints must be signed and dated. 5.if a response to the complaint is desired, the letter must indicate so. 6.any complaints that do not follow the above process will be classified as invalid. Mrai office follow up procedure: 1.all complaints will be reviewed by the executive board. An executive board member will be assigned to research and gather information about the situation. All parties involved will be notified about the complaint and given the opportunity to provide a response. 2.a time frame will be established for the issue to be addressed. 3.findings will be reported back to the executive board. 4.the executive board will vote and determine necessary action to be taken. 5.an executive board representative will report back to all parties involved.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Miss Rodeo America Inc
EIN
84-1189654
Phone
7193139063
Address
101 PRO RODEO DRIVE, COLORADO SPRINGS, CO 80919

Signing Officer

Name
Carolyn Shumway
Title
President
Phone
7193139063
Signed
2025-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolyn Shumway
Formed
1992
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
9
Employees
2

Preparer

Firm
Lockhart & Powell Cpas
Address
4595 HILTON PKWY STE 100, COLORADO SPRINGS, CO 80907
Preparer
Megan Lockhart
Phone
7195788200
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Fundraising for miss rodeo america travel and expenses

Form 990, Part IX, Line 11G

Miss rodeo america pageant pageant expenses 176,388 0 0 professional services 19,946 0 0 payroll processing 490 491 109 total 196,824 491 109

Raw XML Appendix392 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0158035
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 629,640
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt014321
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt018139
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING FOR MISS RODEO AMERICA TRAVEL AND EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE BOARD OF DIRECTORS SHALL CONSIST OF NOT LESS THAN 9, NOR MORE THAN 10 VOTING MEMBERS. FOUR DIRECTORS WILL BE ELECTED BY THE BOARD OF NATIONAL DIRECTORS, FOUR DIRECTORS WILL BE ELECTED BY THE EXECUTIVE BOARD OF DIRECTORS, AND ONE DIRECTOR ELECTED BY THE NATIONAL ADVISORY COUNCIL. THE EXECUTIVE BOARD OF DIRECTORS HAS THE FULL POWER AND AUTHORITY TO PERFORM ANY AND ALL ACTS AND HAVE CONTROL OF THE PROPERTY AND BUSINESS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ELECTION OF THE NATIONAL BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CAROLYN SHUMWAY 401 SHUMWAY ROAD PASCO, WA 99301 JONI JESPERSEN 7551 JOHNSON RD1 HEMINGFORD, NE 69348 JUDY GILL 7511 HWY 1133 SULPHER, LA 70665 CHRIS LEMKE 1409 BIG VALLEY LANE NORTH LAS VEGAS, NV 89081 JEANA LITTON 100283 HIGHWAY 92 MITCHELL, NE 69357 JOHNA NIEDFELT 3720 STATE ST K6 GRAND ISLAND, NE 68803 TRACY DAMRELL DEB DILLEY SUE LYNN PERRY NICOLE CYPERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANY COMPLAINT THAT IS FILED REGARDING MISS RODEO AMERICA, INC. ORGANIZATIONAL/BUSINESS OPERATIONS, MISS RODEO AMERICA PAGEANT OPERATIONS OR STATE PAGEANT ISSUES MUST ADHERE TO THE FOLLOWING: 1.ALL COMPLAINTS MUST BE SUBMITTED IN WRITING. 2.COMPLAINTS MUST INCLUDE THE NAME, ADDRESS AND DAYTIME PHONE NUMBER OF THE PERSON FILING THE COMPLAINT. 3.THE COMPLAINT SHOULD INCLUDE AS MUCH DETAIL ABOUT THE SUBJECT AS POSSIBLE IN ORDER FOR APPROPRIATE ACTION TO BE TAKEN. 4.COMPLAINTS MAY BE SUBMITTED TO THE OFFICE:101 PRO RODEO DRIVE,COLORADO SPRINGS, CO 80919, ADDRESSED TO ANY OF THE FOLLOWING:MISS RODEO AMERICA, INC. PRESIDENT,MISS RODEO AMERICA, INC. EXECUTIVE BOARD, OR "MISS RODEO AMERICA, INC. PAGEANT DIRECTOR/OPERATIONS MANAGER.COMPLAINTS MUST BE SIGNED AND DATED. 5.IF A RESPONSE TO THE COMPLAINT IS DESIRED, THE LETTER MUST INDICATE SO. 6.ANY COMPLAINTS THAT DO NOT FOLLOW THE ABOVE PROCESS WILL BE CLASSIFIED AS INVALID. MRAI OFFICE FOLLOW UP PROCEDURE: 1.ALL COMPLAINTS WILL BE REVIEWED BY THE EXECUTIVE BOARD. AN EXECUTIVE BOARD MEMBER WILL BE ASSIGNED TO RESEARCH AND GATHER INFORMATION ABOUT THE SITUATION. ALL PARTIES INVOLVED WILL BE NOTIFIED ABOUT THE COMPLAINT AND GIVEN THE OPPORTUNITY TO PROVIDE A RESPONSE. 2.A TIME FRAME WILL BE ESTABLISHED FOR THE ISSUE TO BE ADDRESSED. 3.FINDINGS WILL BE REPORTED BACK TO THE EXECUTIVE BOARD. 4.THE EXECUTIVE BOARD WILL VOTE AND DETERMINE NECESSARY ACTION TO BE TAKEN. 5.AN EXECUTIVE BOARD REPRESENTATIVE WILL REPORT BACK TO ALL PARTIES INVOLVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MISS RODEO AMERICA PAGEANT PAGEANT EXPENSES 176,388 0 0 PROFESSIONAL SERVICES 19,946 0 0 PAYROLL PROCESSING 490 491 109 TOTAL 196,824 491 109
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
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ReturnHeader/BusinessOfficerGrp/PersonNm0CAROLYN SHUMWAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07193139063
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-27
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LOCKHART & POWELL CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04595 HILTON PKWY STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLORADO SPRINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080907
ReturnHeader/PreparerPersonGrp/PhoneNum07195788200
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MEGAN LOCKHART
ReturnHeader/ReturnTs02025-05-28T13:06:36-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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