Civic Intelligence

California Rodeo Inc

990 • Fiscal year 2016 • EIN 94-0361165

Oct 01, 2015 to Sep 30, 2016 • Filed on Feb 15, 2017

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

27th percentile

0.04x

Higher debt load relative to assets than 27% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

27th percentile

0.07x

Higher debt load relative to revenue than 27% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2016

Net Margin

41st percentile

3.0%

Higher net margin than 41% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

63rd percentile

$149,425

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2016

Asset Growth

35th percentile

-0.8%

Faster asset growth than 35% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

12th percentile

-23%

Faster revenue growth than 12% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$6,290,916

Down $48,233 (-0.8%) from 2015

Net Assets

Up

$6,047,791

Up $108,773 (+1.8%) from 2015

Liabilities

Down

$243,125

Down $157,006 (-39%) from 2015

Revenue

Down

$3,575,021

Down $1,059,218 (-23%) from 2015

Expenses

Down

$3,466,423

Down $905,256 (-21%) from 2015

Net Income

Down

$108,598

Down $153,962 (-59%) from 2015

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

2016

Assets$6,290,916
Liabilities$243,125
Net Assets$6,047,791

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

2016

Revenue$3,575,021
Expenses$3,466,423
Net Income$108,598
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 15, 2017
Return Version
2015v3.0
Gross Receipts
$5,127,389
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$5,922,918$6,031,516▲ $108,598
Savings and Temporary Cash Investments$4,142,099$4,017,150▼ $124,949
Land, Buildings, and Equipment, Net$1,253,757$1,252,347▼ $1,410
Other Notes and Loans Receivable, Net$715,000$715,000→ $0
Accounts Receivable$166,668$175,527▲ $8,859
Inventories for Sale or Use$61,425$116,392▲ $54,967
Pd in Cap Srpls Land Bldg Eqp Fund$16,100$16,275▲ $175
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$6,339,149$6,290,916▼ $48,233
Other Assets Total-$14,300-
Liabilities
Accounts Payable and Accrued Expenses$303,828$164,707▼ $139,121
Other Liabilities$96,303$78,418▼ $17,885
Total Liabilities$400,131$243,125▼ $157,006
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,939,018$6,047,791▲ $108,773
Total Liabilities and Net Assets / Fund Balance$6,339,149$6,290,916▼ $48,233

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,129,620$626,389$1,756,009
Leasehold Improvements$20,435$582,263$602,698
Equipment$101,360$297,081$398,441
Other Land Buildings$932$22,551$23,483
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victoria CarlisleSponsorship MgrFT$142,731$6,694$149,425
Jeffrey SchumacherGeneral ManagerFT$124,615$6,957$131,572
Margie JanuaryOffice ManagerFT$67,722$12,596$80,318

Board Members and Trustees

NameTitle
Benny JeffersonPast President
Craig AndrusPast President
Daryl WhitcherPast President
Jim Leach JrPast President
Joe GraingerPast President
John CunhaPast President
Kathy DonnellyPast President
Lloyd ApplingPast President
Me Etienne JrPast President
Pete PedrazziPast President
Ron ClementsPast President
Sam EastmanPast President
Tom PettittPast President
Warren WaylandPast President
Brent EastmanVice President
Dave PedrazziVice President
Fred HookerVice President
Michael ScarrVice President
Allan JeffersonDirector
Bert Tardieu MdDirector
Bill GraingerDirector
Bill WhitneyDirector
Bob EggersDirector
Brett HarrellDirector
Brian ContrerasDirector
Craig KuehlDirector
Cyndie FerrellDirector
Dave McdougalDirector
George HansonDirector
Gerry NielsenDirector
Greg BaxterDirector
Henry DillDirector
Jerome PolitzerDirector
Jerry BunkerDirector
John BoekenoogenDirector
John SargentiDirector
Jon WoosterDirector
Kelly McmillinDirector
Kevin SilacciDirector
Laurie LavelleDirector
Mark ScarrDirector
Mark SchmidtDirector
Martin JeffersonDirector
Mike HitchcockDirector
Mike MartinDirector
Mike McvayDirector
Mikel Ann MillerDirector
Neil MilburnDirector
Pat HitchcockDirector
Patty StandridgeDirector
Pete SilacciDirector
Randy ParolaDirector
Ric CausleyDirector
Sam JenkinsonDirector
Sammy JeffersonDirector
Stanley ChanDirector
Tim BaldwinDirector
Tim EastmanDirector
Tim MartinDirector
Tim PraderDirector
Tom AdcockDirector
Tony RossiDirector
James SlatenGeneral Manager
Roger LafountainGeneral Manager
Steve DavisSecretary
Tom NielsenTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
David Drew ProductionsEntertainment ProducPO BOX 6982, Salinas, CA 93912$771,674
Vindaloo Music INCBusiness Mgmt Consul1880 CENTURY PARK E STE 1600, Los Angeles, CA 90067$357,500
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,421,911
Investment Income
$27,556
Other Revenue
$125,554
Change in Net Assets
$108,598
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,731,335
Salaries, Compensation, and Employee Benefits$682,588
Grants and Similar Amounts Paid$52,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$539,028$13,351-$552,379
Other Salaries and Wages$404,804$47,999-$452,803
All Other Expenses$307,777$370-$308,147
Other Expenses$198,492--$198,492
Office Expenses$124,700$39,573-$164,273
Occupancy$119,767$6,742-$126,509
Current Officers, Directors, Trustees, and Key Employees$111,291--$111,291
Insurance$6,440$94,645-$101,085
Other Employee Benefits$27,862$34,142-$62,004
Grants to Domestic Orgs$50,000--$50,000
Payroll Taxes$41,191$7,724-$48,915
Advertising$36,920--$36,920
Depreciation Depletion$27,805$6,562-$34,367
Travel$21,674$1,730-$23,404
Fees for Services Accounting-$8,400-$8,400
Pension Plan Contributions$6,025$1,550-$7,575
Conferences and Meetings$2,670$4,401-$7,071
Grants to Domestic Individuals$2,500--$2,500
Total Functional Expenses$3,199,234$267,189$0$3,466,423
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$652,395
Fundraising Direct Expenses$526,341
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Monster Trucks$435,809$435,809$71,210$364,599
Ccms$113,858$113,858$34,705$79,153
Total Events$652,395$652,395$526,341$126,054
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$36,588
Fiesta Scholarship Fund$30,000
Facility Deposits$11,530
Donations Payable$300
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: michael scarr, brent eastman, dave pedrazzi, tim nielsen, daryl whitcher, benny jefferson, craig andrus, joe grainger, sam eastman, pete pedrazzi, tim eastman, bill grainger, allan jefferson, martin jefferson, sam jenkinson, sammy jefferson, laurie lavelle, mike martin, tim martin, gerry nielsen, mark scarr, kevin silacci, pete silacci, and james slaten.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
2017-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Slaten
Formed
1924
Legal Domicile
CA
Voting Board Members
64
Independent Board Members
63
Employees
34
Volunteers
1,300

Preparer

Firm
HAYASHI WAYLAND Accounting & Consulting
Address
1188 Padre Drive Suite 101, Salinas, CA 93901
Preparer
Mike Nolan CPA
Phone
8317596300
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Additional paid-in capital = $175

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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/PersonNm7TOM PETTITT
IRS990/Form990PartVIISectionAGrp/PersonNm8LLOYD APPLING
IRS990/Form990PartVIISectionAGrp/PersonNm9JOE GRAINGER
IRS990/Form990PartVIISectionAGrp/PersonNm10RON CLEMENTS

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