The Dude Ranch Foundation FY2020 filing

Tax-deductible

Cody, WY501(c)(3)EducationEIN 74-2519170Revenue $79K in FY2020

On file with the IRSduderanchfoundation.orgPo Box 2307, 82414-2307 · Cody, WYTax-exempt since Feb 1989Publicly supported charity — 170(b)(1)(A)(vi)

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Educate individuals on Dude ranching

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$14K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $37K a year · 24% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$14K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $255K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$79K
Spent
$65K
To programs
100%
Net assets
$502K
By yearFY2020–FY2024
Revenue
$79K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$79K
FY2021$152K
FY2023$193K
FY2024$178K
Expenses
$65K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$65K
FY2021$99K
FY2023$145K
FY2024$147K
Net assets
$502K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$502K
FY2021$641K
FY2023$661K
FY2024$692K

From the FY2020 Form 990 (year ending August 2020) · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $65K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $14K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Authorized a
$14,400Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Colleen Hodson’s $13K as Ed & Auth. a is at the 10th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Colleen Hodson$13,200$14,400

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates people about dude ranching.

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Provided by the organization

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1 program · $64K · in their own filed words · FY2019
01

Money was applied towards the education and training of individuals who are persuing a career in the dude ranching industry. Money was also applied towards the operation of a building which houses a museum and research area for individuals to become better educated on the history of the dude ranching industry.

$64Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$255K
Grants paid · 3 grants · $64K · 2019–2023
Unitemized GrantFY2023$22,000
Unitemized GrantFY2021$23,500
Unitemized GrantFY2019$18,250

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$79K
Ln 12
Fees for servicesLn 2g$39K
Gifts and grantsLn 1h$30K
Investment incomeLn 3$12K
Money outPt IX
$65K
Ln 25
Programscol B$65K
Owns and owesPt X
$502K
net assets · Ln 32
Cash and savingsLn 1–2$10K
Total assetsLn 16$502K
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$30K
Fees for servicesLn 2g$39K
Investment incomeLn 3$12K
Gains on assetsLn 7$6K
Total revenueLn 12$79K
Assets in detailPt X, end of year
CashLn 1$10K
Cash and savings togetherLn 1–2$10K
InvestmentsLn 11–13$329K
Land, buildings, equipmentLn 10c$164K
Total assetsLn 16$502K
LiabilitiesLn 26$0
Net assetsLn 32$502K
OperationsPt I, VI
EmployeesI 50
VolunteersI 61
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$8K$10K
InvestmentsLn 11–13$308K$329K
Land, buildings, equipmentLn 10c$172K$164K
Total assetsLn 16$488K$502K
LiabilitiesLn 26$217$0
Net assetsLn 32$488K$502K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$18K$18K
Legal feesLn 11b$27$27
Accounting feesLn 11c$6K$6K
Investment management feesLn 11f$3K$3K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$2K$2K
Information technologyLn 14$160$160
Conferences, conventions and meetingsLn 19$731$731
Other expenses (24a–d)Ln 24$34K$34K
All other expensesLn 24e$157$157
Total functional expensesLn 25$65K$65K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $178K$147K$31K$692K 990 PDF
FY2023 $193K$145K$48K$661K 990 PDF
FY2022 Not on file
FY2021 $152K$99K$54K$641K 990 PDF
FY2020 Viewing $79K$65K$14K$502K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $79,469 revenue, 12 lines filed
I-8 Contributions and grants$30,185
I-9 Program service revenue$38,708
I-10 Investment income$11,871
I-11 Other revenue−$1,295
I-12 Total revenue$79,469
I-13 Grants and similar amounts paid$18,250
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$47,148
I-18 Total expenses$65,398
I-19 Revenue less expenses$14,071
Part VI · Governance 10 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $79,469 across 9 lines filed
VIII-1b Membership dues$20,580
VIII-1f All other contributions, gifts and grants$9,605
VIII-1h Total contributions, gifts and grants$30,185
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $38,708$38,708
VIII-3 Investment incomeExcluded from tax $5,505$5,505
VIII-6 Net rental income or lossUnrelated business −$664−$664
VIII-7 Net gain or loss on sales of assetsRelated to mission $6,366$6,366
VIII-8 Net income from fundraising events−$631
VIII-12 Total revenueRelated to mission $45,074 · Unrelated business −$664 · Excluded from tax $5,505$79,469
Part IX · Statement of functional expenses $65,398 across 10 lines filed
IX-2 Grants to domestic individualsPrograms $18,250$18,250
IX-11b Legal feesPrograms $27$27
IX-11c Accounting feesPrograms $5,667$5,667
IX-11f Investment management feesPrograms $2,990$2,990
IX-12 Advertising and promotionPrograms $1,275$1,275
IX-13 Office expensesPrograms $2,202$2,202
IX-14 Information technologyPrograms $160$160
IX-19 Conferences, conventions and meetingsPrograms $731$731
IX-24 Other expenses (24a–d)Programs $33,939$33,939
IX-24e All other expensesPrograms $157$157
IX-25 Total functional expensesPrograms $65,398 · Management $0 · Fundraising $0$65,398
Part X · Balance sheet $502,210 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $8,387$9,731
X-10c Land, buildings and equipment, netStart of year $171,518$163,865
X-11 Publicly traded securitiesStart of year $308,451$328,614
X-16 Total assetsStart of year $488,356$502,210
X-26 Total liabilitiesStart of year $217$0
X-27 Net assets without donor restrictionsStart of year $488,139$502,210
X-32 Total net assets or fund balancesStart of year $488,139$502,210
X-33 Total liabilities and net assetsStart of year $488,356$502,210
Part XI · Reconciliation of net assets $502,210 net assets at year end
XI-1 Total revenue$79,469
XI-2 Total expenses$65,398
XI-3 Revenue less expenses$14,071
XI-4 Net assets at start of year$488,139
XI-10 Net assets at end of year$502,210

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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