Civic Intelligence

California Rodeo Inc

990 • Fiscal year 2017 • EIN 94-0361165

Oct 01, 2016 to Sep 30, 2017 • Filed on Feb 05, 2018

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

29th percentile

0.04x

Higher debt load relative to assets than 29% of similar nonprofits.

2017 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

24th percentile

0.05x

Higher debt load relative to revenue than 24% of similar nonprofits.

2017 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2017

Net Margin

56th percentile

9.5%

Higher net margin than 56% of similar nonprofits.

2017 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

64th percentile

$141,653

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2017 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2017

Asset Growth

62nd percentile

6.9%

Faster asset growth than 62% of similar nonprofits.

2017 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

82nd percentile

29%

Faster revenue growth than 82% of similar nonprofits.

2017 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$6,724,621

Up $433,705 (+6.9%) from 2016

Net Assets

Up

$6,486,522

Up $438,731 (+7.3%) from 2016

Liabilities

Down

$238,099

Down $5,026 (-2.1%) from 2016

Revenue

Up

$4,609,054

Up $1,034,033 (+29%) from 2016

Expenses

Up

$4,170,723

Up $704,300 (+20%) from 2016

Net Income

Up

$438,331

Up $329,733 (+304%) from 2016

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

2017

Assets$6,724,621
Liabilities$238,099
Net Assets$6,486,522

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

2017

Revenue$4,609,054
Expenses$4,170,723
Net Income$438,331
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Feb 5, 2018
Return Version
2016v3.0
Gross Receipts
$6,240,306
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$6,031,516$6,469,847▲ $438,331
Savings and Temporary Cash Investments$4,017,150$4,602,605▲ $585,455
Land, Buildings, and Equipment, Net$1,252,347$1,216,335▼ $36,012
Other Notes and Loans Receivable, Net$715,000$642,886▼ $72,114
Accounts Receivable$175,527$133,188▼ $42,339
Inventories for Sale or Use$116,392$129,457▲ $13,065
Pd in Cap Srpls Land Bldg Eqp Fund$16,275$16,675▲ $400
Cash and Non-Interest-Bearing Accounts$200$150▼ $50
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$6,290,916$6,724,621▲ $433,705
Other Assets Total$14,300$0▼ $14,300
Liabilities
Accounts Payable and Accrued Expenses$164,707$185,095▲ $20,388
Other Liabilities$78,418$53,004▼ $25,414
Total Liabilities$243,125$238,099▼ $5,026
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,047,791$6,486,522▲ $438,731
Total Liabilities and Net Assets / Fund Balance$6,290,916$6,724,621▲ $433,705

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,082,182$683,227$1,765,409
Leasehold Improvements$43,967$585,973$629,940
Equipment$89,454$331,026$420,480
Other Land Buildings$732$22,751$23,483
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victoria CarlisleSponsorship MgrFT$132,740$8,913$141,653
Jeffrey SchumakerGeneral ManagerFT$98,880$3,326$102,206
Margie JanuaryOffice ManagerFT$65,214$9,347$74,561
James SlatenGeneral ManagerFT$38,462$2,465$40,927
Roger LafountainGeneral ManagerFT$31,800-$31,800

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
Michael ScarrPresident
Brent EastmanVice President
Dave PedrazziVice President
Fred HookerVice President
Allan JeffersonDirector
Bert Tardieu MdDirector
Bill GraingerDirector
Bill WhitneyDirector
Bob EggersDirector
Brett HarrellDirector
Brian ContrerasDirector
Chad LindleyDirector
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
Steve DavisSecretary
Tom NielsenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,381,844
Investment Income
$27,734
Other Revenue
$199,476
Change in Net Assets
$438,331
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,316,841
Salaries, Compensation, and Employee Benefits$791,382
Grants and Similar Amounts Paid$62,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,319,856$10,072-$1,329,928
Other Salaries and Wages$511,556$57,371-$568,927
All Other Expenses$383,586$183-$383,769
Other Expenses$183,629--$183,629
Office Expenses$112,300$30,437-$142,737
Occupancy$123,447$6,635-$130,082
Insurance$13,175$93,149-$106,324
Current Officers, Directors, Trustees, and Key Employees$77,620--$77,620
Other Employee Benefits$45,930$29,683-$75,613
Payroll Taxes$51,674$6,158-$57,832
Advertising$57,469--$57,469
Grants to Domestic Orgs$50,000--$50,000
Depreciation Depletion$29,524$8,375-$37,899
Travel$37,416--$37,416
Grants to Domestic Individuals$12,500--$12,500
Pension Plan Contributions$10,798$592-$11,390
Fees for Services Accounting$4,513$4,513-$9,026
Conferences and Meetings$3,623--$3,623
Total Functional Expenses$3,923,555$247,168$0$4,170,723
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$790,966
Fundraising Direct Expenses$653,688
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Monster Trucks$461,435$461,435$72,624$388,811
Bulls of Summer$196,311$196,311$71,506$124,805
Total Events$784,556$784,556$650,286$134,270
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
Fiesta Scholarship Fund$40,000
Facility Deposits$11,880
Donations Payable$1,124
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
2018-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Slaten
Formed
1924
Legal Domicile
CA
Voting Board Members
65
Independent Board Members
64
Employees
35
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 = $400

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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/PersonNm7CHAD LINDLEY
IRS990/Form990PartVIISectionAGrp/PersonNm8TOM PETTITT
IRS990/Form990PartVIISectionAGrp/PersonNm9LLOYD APPLING
IRS990/Form990PartVIISectionAGrp/PersonNm10JOE GRAINGER
IRS990/Form990PartVIISectionAGrp/PersonNm11RON CLEMENTS
IRS990/Form990PartVIISectionAGrp/PersonNm12ALLAN JEFFERSON
IRS990/Form990PartVIISectionAGrp/PersonNm13WARREN WAYLAND
IRS990/Form990PartVIISectionAGrp/PersonNm14SAM EASTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15PETE PEDRAZZI
IRS990/Form990PartVIISectionAGrp/PersonNm16KATHY DONNELLY
IRS990/Form990PartVIISectionAGrp/PersonNm17PAT HITCHCOCK
IRS990/Form990PartVIISectionAGrp/PersonNm18BRETT HARRELL
IRS990/Form990PartVIISectionAGrp/PersonNm19ME ETIENNE JR
IRS990/Form990PartVIISectionAGrp/PersonNm20JIM LEACH JR

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