Civic Intelligence

California Rodeo Inc

990 • Fiscal year 2015 • EIN 94-0361165

Oct 01, 2014 to Sep 30, 2015 • Filed on May 13, 2016

PO Box 1648Salinas, CA 93902

(831) 775-3100

Siviq Scores

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

Liabilities / Assets

37th percentile

0.06x

Higher debt load relative to assets than 37% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

33rd percentile

0.09x

Higher debt load relative to revenue than 33% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Net Margin

49th percentile

5.7%

Higher net margin than 49% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

63rd percentile

$140,262

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Asset Growth

73rd percentile

8.0%

Faster asset growth than 73% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

83rd percentile

23%

Faster revenue growth than 83% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$6,339,149

Up $470,658 (+8.0%) from 2014

Net Assets

Up

$5,939,018

Up $262,835 (+4.6%) from 2014

Liabilities

Up

$400,131

Up $207,823 (+108%) from 2014

Revenue

Up

$4,634,239

Up $869,762 (+23%) from 2014

Expenses

Up

$4,371,679

Up $481,639 (+12%) from 2014

Net Income

Up

$262,560

Up $388,123 (+309%) from 2014

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $6,058,371Liabilities 2011: $168,104Net Assets 2011: $5,890,2672011Assets 2012: $5,948,912Liabilities 2012: $155,603Net Assets 2012: $5,793,3092012Assets 2013: $6,010,192Liabilities 2013: $208,796Net Assets 2013: $5,801,3962013Assets 2014: $5,868,491Liabilities 2014: $192,308Net Assets 2014: $5,676,1832014Assets 2015: $6,339,149Liabilities 2015: $400,131Net Assets 2015: $5,939,0182015Assets 2016: $6,290,916Liabilities 2016: $243,125Net Assets 2016: $6,047,7912016Assets 2017: $6,724,621Liabilities 2017: $238,099Net Assets 2017: $6,486,5222017Assets 2018: $7,251,677Liabilities 2018: $358,307Net Assets 2018: $6,893,3702018Assets 2019: $7,503,090Liabilities 2019: $349,202Net Assets 2019: $7,153,8882019Assets 2020: $7,929,383Liabilities 2020: $1,195,288Net Assets 2020: $6,734,0952020Assets 2021: $9,112,465Liabilities 2021: $1,788,859Net Assets 2021: $7,323,6062021Assets 2022: $9,109,357Liabilities 2022: $938,106Net Assets 2022: $8,171,2512022Assets 2023: $9,890,792Liabilities 2023: $996,730Net Assets 2023: $8,894,0622023Assets 2024: $10,835,502Liabilities 2024: $1,247,022Net Assets 2024: $9,588,4802024

Highlighted filing

2015

Assets$6,339,149
Liabilities$400,131
Net Assets$5,939,018

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,583,392Expenses 2011: $2,539,020Net Income 2011: $44,3722011Expenses 2012: $2,935,4292012Expenses 2013: $2,715,7542013Revenue 2014: $3,764,477Expenses 2014: $3,890,040Net Income 2014: -$125,5632014Revenue 2015: $4,634,239Expenses 2015: $4,371,679Net Income 2015: $262,5602015Revenue 2016: $3,575,021Expenses 2016: $3,466,423Net Income 2016: $108,5982016Revenue 2017: $4,609,054Expenses 2017: $4,170,723Net Income 2017: $438,3312017Revenue 2018: $5,767,499Expenses 2018: $5,360,926Net Income 2018: $406,5732018Revenue 2019: $5,528,802Expenses 2019: $5,268,709Net Income 2019: $260,0932019Revenue 2020: $798,947Expenses 2020: $1,218,990Net Income 2020: -$420,0432020Revenue 2021: $3,433,727Expenses 2021: $2,844,216Net Income 2021: $589,5112021Revenue 2022: $5,756,513Expenses 2022: $4,898,250Net Income 2022: $858,2632022Revenue 2023: $6,256,188Expenses 2023: $5,544,641Net Income 2023: $711,5472023Revenue 2024: $7,052,116Expenses 2024: $6,409,515Net Income 2024: $642,6012024

Highlighted filing

2015

Revenue$4,634,239
Expenses$4,371,679
Net Income$262,560
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
May 13, 2016
Return Version
2014v6.0
Gross Receipts
$5,886,569
Mission and Program Overview

Mission

The california rodeo association is a non-profit organization that strives to preserve and promote the traditions of the california rodeo salinas and the west. The california rodeo salinas and the salinas sports complex support the community and other non-profit organizations through the staging of the annual california rodeo salinas and other year round operations of the salinas sports complex. Through donation of our facility, vending and fundraising opportunities during rodeo and other events, the california rodeo association aims to return funds annually to local non-profits and to be a hub of the community for various events and activities.

The california rodeo association is a non-profit organization that strives to preserve and promote the traditions of the california rodeo salinas and the west. The california rodeo salinas and the salinas sports complex support the community and other non-profit organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$5,660,358$5,922,918▲ $262,560
Savings and Temporary Cash Investments$3,466,278$4,142,099▲ $675,821
Land, Buildings, and Equipment, Net$1,320,879$1,253,757▼ $67,122
Other Notes and Loans Receivable, Net$750,000$715,000▼ $35,000
Accounts Receivable$190,877$166,668▼ $24,209
Inventories for Sale or Use$140,257$61,425▼ $78,832
Pd in Cap Srpls Land Bldg Eqp Fund$15,825$16,100▲ $275
Cash and Non-Interest-Bearing Accounts$200$200→ $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-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,868,491$6,339,149▲ $470,658
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$131,160$303,828▲ $172,668
Other Liabilities$61,148$96,303▲ $35,155
Total Liabilities$192,308$400,131▲ $207,823
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,676,183$5,939,018▲ $262,835
Total Liabilities and Net Assets / Fund Balance$5,868,491$6,339,149▲ $470,658

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,177,179$569,702$1,746,881
Leasehold Improvements$20,161$569,965$590,126
Equipment$55,285$272,203$327,488
Other Land Buildings$1,132$22,351$23,483
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victoria RossiSponsorship MgrFT$134,177$6,085$140,262
Roger LafountainGeneral ManagerFT$117,711$4,515$122,226
Jeffrey SchumacherGeneral ManagerFT$76,154$3,369$79,523
Margie JanuaryOffice ManagerFT$65,094$12,659$77,753

Board Members and Trustees

NameTitle
Benny JeffersonPast President
Craig AndrusPast President
Gene NielsenPast President
George RichardsonPast President
Jim Leach JrPast President
Jim SlatenPast President
Joe GraingerPast President
John CunhaPast President
Lloyd ApplingPast President
Me Etienne JrPast President
Pete PedrazziPast President
Ron ClementsPast President
Sam EastmanPast President
Tom PettittPast President
Warren WaylandPast President
Daryl WhitcherPresident
Brent EastmanVice President
Dave PedrazziVice President
Michael ScarrVice President
Al MortensenDirector
Allan JeffersonDirector
Bert Tardieu MdDirector
Bill GraingerDirector
Bill QuinlanDirector
Bill WhitneyDirector
Bob EggersDirector
Brett HarrellDirector
Brian ContrerasDirector
Chad LindleyDirector
Craig KuehlDirector
Cyndie FerrellDirector
Daniel TorresDirector
Dave McdougalDirector
George HansonDirector
Gerry NielsenDirector
Greg BaxterDirector
Henry DillDirector
Jerome PolitzerDirector
Jerry BunkerDirector
John BoekenoogenDirector
John SargentiDirector
Jon WoosterDirector
Kelly McmillinDirector
Kevin SilacciDirector
Larry TharpDirector
Laurie LavelleDirector
Mark ScarrDirector
Mark SchmidtDirector
Mike HitchcockDirector
Mike MartinDirector
Neil MilburnDirector
Patty StandridgeDirector
Pete BundyDirector
Pete SilacciDirector
Randy ParolaDirector
Sam JenkinsonDirector
Stanley ChanDirector
Steve DavisDirector
Tim BaldwinDirector
Tim EastmanDirector
Tim MartinDirector
Tim PraderDirector
Tom AdcockDirector
Tony RossiDirector
Fred HookerSecretary
Ric CausleyTreasurer
Tom NielsenTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Plaid Paisley Enterprises INCMerchandise2400 CRESTMOOR ROAD 100, Nashville, TN 37215$250,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,524,124
Investment Income
$30,201
Other Revenue
$79,914
Change in Net Assets
$262,560
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,698,424
Salaries, Compensation, and Employee Benefits$620,755
Grants and Similar Amounts Paid$52,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,705,523$12,403-$1,717,926
Other Salaries and Wages$369,936$42,688-$412,624
All Other Expenses$371,399$1,500-$372,899
Other Expenses$244,502--$244,502
Office Expenses$106,242$35,876-$142,118
Occupancy$121,384$2,636-$124,020
Insurance$12,275$83,245-$95,520
Other Employee Benefits$38,040$39,295-$77,335
Current Officers, Directors, Trustees, and Key Employees$75,402--$75,402
Grants to Domestic Orgs$50,000--$50,000
Payroll Taxes$44,615$4,341-$48,956
Advertising$37,057--$37,057
Depreciation Depletion$26,541$4,665-$31,206
Travel$16,725$14,427-$31,152
Conferences and Meetings$4,945$6,182-$11,127
Fees for Services Accounting$4,200$4,200-$8,400
Pension Plan Contributions$5,170$1,268-$6,438
Grants to Domestic Individuals$2,500--$2,500
Total Functional Expenses$4,118,953$252,726$0$4,371,679
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Public RecreationSalinas, CA501 (c)(3)Stadium Project$50,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$397,311
Fundraising Direct Expenses$312,765
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Monster Trucks$387,252$387,252$64,772$322,480
Misc Events$6,776$6,776$779$5,997
Total Events$394,028$394,028$308,410$85,618
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
Sales Taxes Payable$56,238
Fiesta Scholarship Fund$30,000
Facility Deposits$9,580
Payroll Liabilities$485
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

The following officers/directors have a family relationship with another officer/director: craig andrus, benny jefferson, michael scarr, jim slaten, joe grainger, sam eastman, pete pedrazzi, george richardson, gene nielsen, brent eastman, tim eastman, bill grainger, allan jefferson, sam jenkinson, mike martin, tim martin, gerry nielsen, tom nielsen, dave pedrazzi, bill quinlan, mark scarr, kevin silacci, and pete silacci.the following director has a business relationship with the ca rodeo: sam eastman.

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

There are two classes of membership. Each class is entitled to equal voting rights and voting privileges.general membership consists of those persons who, upon application to the secretary, have been approved for membership by the board of directors, and who have paid to the organization a membership fee of $25.00, or such other fee as may be determined by the board of directors.advisory directors consists of those general members who have honorably served upon the board of directors and who have been elected to this class of membership by the general members at the annual meeting, or have rendered other outstanding services to the organization.

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

The form 990 is reviewed by an officer of the board and made available to the entire board prior to submission to the irs.

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

The conflict of interest policy is distributed and reviewed at the first meeting of the new board (january). Additionally, the conflict of interest policy is distributed to all employees for review and acknowledgement on an annual basis.

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

The board of directors uses comparability data to determine the wages of the general manager and key employees.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The board of directors uses comparability data to determine the wages of the general manager and key employees.

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

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
California Rodeo Inc
EIN
94-0361165
Phone
8317753100
Address
PO BOX 1648, SALINAS, CA 93902

Signing Officer

Name
Tom Nielsen
Title
Treasurer
Signed
2016-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Schumacher
Formed
1924
Legal Domicile
CA
Voting Board Members
67
Independent Board Members
66
Employees
49
Volunteers
1,300

Preparer

Firm
HAYASHI WAYLAND Accounting & Consulting
Address
1188 Padre Drive Suite 101, Salinas, CA 93901
Preparer
Gina M Cochetti CPA MST
Phone
8317596300
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Additional paid-in capital = $275

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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/ActivityOrMissionDesc0THE CALIFORNIA RODEO ASSOCIATION IS A NON-PROFIT ORGANIZATION THAT STRIVES TO PRESERVE AND PROMOTE THE TRADITIONS OF THE CALIFORNIA RODEO SALINAS AND THE WEST. THE CALIFORNIA RODEO SALINAS AND THE SALINAS SPORTS COMPLEX SUPPORT THE COMMUNITY AND OTHER NON-PROFIT ORGANIZATIONS.
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IRS990/Form990PartVIISectionAGrp/PersonNm0CRAIG ANDRUS
IRS990/Form990PartVIISectionAGrp/PersonNm1BENNY JEFFERSON
IRS990/Form990PartVIISectionAGrp/PersonNm2RANDY PAROLA
IRS990/Form990PartVIISectionAGrp/PersonNm3DARYL WHITCHER
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL SCARR
IRS990/Form990PartVIISectionAGrp/PersonNm5RIC CAUSLEY
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN CUNHA
IRS990/Form990PartVIISectionAGrp/PersonNm7JIM SLATEN
IRS990/Form990PartVIISectionAGrp/PersonNm8TOM PETTITT

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.8$1.25$9.59$7.05$6.41$0.64
2023Detailed filing. Detailed filing data is available for this year.$9.89$1.00$8.89$6.26$5.54$0.71
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.11$0.94$8.17$5.76$4.90$0.86
2021Detailed filing. Detailed filing data is available for this year.$9.11$1.79$7.32$3.43$2.84$0.59
2020Detailed filing. Detailed filing data is available for this year.$7.93$1.20$6.73$0.80$1.22$0.42
2019Detailed filing. Detailed filing data is available for this year.$7.50$0.35$7.15$5.53$5.27$0.26
2018Detailed filing. Detailed filing data is available for this year.$7.25$0.36$6.89$5.77$5.36$0.41
2017Detailed filing. Detailed filing data is available for this year.$6.72$0.24$6.49$4.61$4.17$0.44
2016Detailed filing. Detailed filing data is available for this year.$6.29$0.24$6.05$3.58$3.47$0.11
2015Detailed filing. Detailed filing data is available for this year.$6.34$0.40$5.94$4.63$4.37$0.26
2014Detailed filing. Detailed filing data is available for this year.$5.87$0.19$5.68$3.76$3.89$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.01$0.21$5.80$2.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.95$0.16$5.79$2.94
2011Summary only. Only limited summary data is available for this year.$6.06$0.17$5.89$2.58$2.54$0.04