Nebraska High School Rodeo Assn EIN 47-0607606

Nebraska High School Rodeo Assn

EIN  47-0607606 Public charity (501(c)(3)) Valentine, NE
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Supports Nebraska high school students participating in rodeo events.
Leadership
Misty Mattox · President
Money in and out
$546K revenue, $594K expenses
Bottom line
93% program efficiency

Supports Nebraska high school students participating in rodeo events. For fiscal year 2025 it reported $546K in revenue, $594K in expenses, and $248K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$546K
Pt VIII · Ln 12
Total expenses
$594K
Pt IX · Ln 25
Net assets
$248K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$48K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs▼ -5% vs prior filing year
Operating runway
5.0mo
months of highly liquid reserves at operating expense rate▼ -40% vs prior filing year
Surplus margin
-9%
revenue over expenses, this year▼ -151% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$546K
FY2025▲ +6%
Expenses
$594K
FY2025▲ +39%
Total assets
$248K
FY2025▼ -16%
Total liabilities
$0
FY2025
Total revenue
$546K
Pt VIII · Ln 12
Total expenses
$594K
Pt IX · Ln 25
Net assets
$248K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$48K
Total assetsPt X · Ln 16$248K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $554K of program spending, described in the organization's own filed words · FY2024.
01

Administer high school rodeo competitions in nebraska by a state finals competition. Provide newsletters throughout the year to approximately 300 student members.

$554Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNebraska High School Rodeo Assn
EINHdr · item D47-0607606
Principal addressHdr · item CValentine, NE
WebsiteHdr · item Jwww.hsrodeo-nebraska.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNE
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFOct 1979

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Assoc Secretary
$0Pt VII · Sec A
National Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2023FY2022FY2021
Halie Forre$11,333$833
Brandi Pokorny$9,350
Jayme from$7,772
Sara Hermelbracht$6,119

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$387K · 71%
Other revenue$105K · 19%
Contributions & grants$52K · 9%
Investment income$3K · 1%
Program service revenue71%$387K
Other revenue19%$105K
Contributions & grants9%$52K
Investment income1%$3K
Total revenueLn 12$546K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$554K
Management & general7%$41K
Total functional expensesLn 25$594K

Balance Sheet

Part X · end of year
CashLn 1$248K
Total assetsLn 16$248K
Total liabilitiesLn 26$0
Total net assetsLn 32$248K
Months of cash on handcomputed5.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $248K · Operating expenses/yr $594K
5.0 months
Where the money goes
Program services
Program services $554K · Total expenses $594K
93%
Management & General
Management & general $41K · Total expenses $594K
7%
Fundraising
Fundraising $0 · Total expenses $594K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $55K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $52K · Total revenue $546K
9%
Government reliance
Government grants — · Total revenue $546K
Earned-income share
Program service revenue $387K · Total revenue $546K
71%
Investment reliance
Investment income $3K · Total revenue $546K
+1%
Program self-sufficiency
Program service revenue $387K · Total expenses $594K
65%
Growth & trend
Revenue growth (YoY)
This year $546K · Prior year $517K
+6%
Revenue CAGR
FY2020 $196K · FY2024 $546K
+29%
Net-asset trend (YoY)
End of year $248K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $546K · Expenses $594K
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $248K
Net-asset ratio
Net assets $248K · Total assets $248K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $248K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Misty Mattox · Reported title President · Highest reported compensation $0 · Total expenses $594K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $594K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth 6%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$6K
Grants paid · 6 grants · $151K · 2020–2024
Unitemized GrantFY2024$26,500
Unitemized GrantFY2023$31,186
Unitemized GrantFY2022$21,750
Unitemized GrantFY2022$21,750
Unitemized GrantFY2021$23,606
Unitemized GrantFY2020$25,781

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$546K revenue · viewing · ⤓ 990 PDF
FY2024$517K revenue · ⤓ 990 PDF
FY2023$183K revenue · ⤓ 990 PDF
FY2022$177K revenue · ⤓ 990 PDF
FY2021$196K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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