Will Rogers Range Riders FY2022 filing

Not tax-deductible

Amarillo, TX501(c)(4)EIN 75-0530735

Preserving our nation's western heritage through education, public programs, and activities with the annual rodeo being the main activity.

87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(4)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
No
Donations are not tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
IRS e-file · Filing history
Is it financially stable?
3 of 5
years in the black
Pt I · Ln 19 · 5 filings
How much reaches the programs?
87%
of spending
Pt IX · Ln 25 · col B
Do they have reserves?
13 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Do they carry debt?
$6K
liabilities
Pt X · Ln 26
Who oversees it?
10
independent of 10 voting board members
Pt VI · Ln 1a–1b
Revenue
$301K
-47% vs prior year
Spent
$475K
To programs
87%
Net assets
$3.5M
By yearFY2020–FY2024
Revenue
$301K
FY2022▼ -47%
Revenue by fiscal year
FY2020$1.1M
FY2021$565K
FY2022$301K
FY2023$666K
FY2024$636K
Expenses
$475K
FY2022▼ -13%
Expenses by fiscal year
FY2020$459K
FY2021$549K
FY2022$475K
FY2023$620K
FY2024$708K
Net assets
$3.5M
FY2022▼ -5%
Net assets by fiscal year
FY2020$3.7M
FY2021$3.7M
FY2022$3.5M
FY2023$3.6M
FY2024$2.4M

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CWill Rogers Range Riders
EINHdr · item D75-0530735
Exempt statusHdr · item I501(c)(4) · active
Ruling yearIRS BMFMay 1942
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CAmarillo, TX
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwrrangeriders.com

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13
Program services87%$414K
Management & general13%$61K
Total functional expensesLn 25$475K

Financial health

Is it on solid ground?

Operating surplus
-58%
revenue over expenses
Earned revenue
53%
of revenue from program services & dues
Payroll share
26%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$3.5M
FY2022▼ -5%
Total assets by fiscal year
FY2020$3.7M
FY2021$3.7M
FY2022$3.5M
FY2023$3.7M
FY2024$2.5M
Total liabilities
$6K
FY2022▲ +120%
Total liabilities by fiscal year
FY2020$2K
FY2021$3K
FY2022$6K
FY2023$78K
FY2024$56K
Revenue less expensesPt I · Ln 19−$174K
Total assetsPt X · Ln 16$3.5M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Balance Sheet

Part X · end of year
CashLn 1$499K
Total assetsLn 16$3.5M
Total liabilitiesLn 26$6K
Total net assetsLn 32$3.5M
Months of cash on handcomputed12.6

Statement of Revenue

Part VIII
Program service revenue$158K · 53%
Contributions & grants$112K · 37%
Other revenue$30K · 10%
Program service revenue53%$158K
Contributions & grants37%$112K
Other revenue10%$30K
Total revenueLn 12$301K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.1M · Operating expenses/yr $475K
53.5 months
Where the money goes
Program services
Program services $414K · Total expenses $475K
87%
Management & General
Management & general $61K · Total expenses $475K
13%
Fundraising
Fundraising $0 · Total expenses $475K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $111K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $112K · Total revenue $301K
37%
Government reliance
Government grants — · Total revenue $301K
—
Earned-income share
Program service revenue $158K · Total revenue $301K
53%
Investment reliance
Investment income −$100K · Total revenue $301K
-33%
Program self-sufficiency
Program service revenue $158K · Total expenses $475K
33%
Growth & trend
Revenue growth (YoY)
This year $301K · Prior year $565K
-47%
Net-asset trend (YoY)
End of year $3.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $301K · Expenses $475K
-58%
Liabilities-to-Assets
Total liabilities — · Total assets $3.5M
—
Net-asset ratio
Net assets $3.5M · Total assets $3.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $839K · Other securities (Pt X, ln 12) $777K · Total assets (Pt X, ln 16) $3.5M
46%
People & payroll
Highest Reported Total Compensation
Individual Fred Berry · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $475K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $124K · Total expenses $475K
26%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%——
Overhead ratio 13%——
Fundraising cost ratio 0%——
Revenue growth -47%——
Investment management fee ratio 0.3%——
Accounting fee ratio 1%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Social Direc
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Will Rogers Range Riders executive salaries →

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Governance & Policies

Part VI
  • 10Voting board membersPt VI · Ln 1a
  • 10Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Preserves Western heritage through education, public programs, and an annual rodeo.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2022.
01

Preserving out nation's western heritage through education, public programs, and related activities.

Pt IX · col B
02

Roping and related western activities

Pt IX · col B
03

Annual will rogers rodeo

Pt IX · col B

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $636K$708K-5% 990 PDF
FY2023 $666K$620K+122% 990 PDF
FY2022 Viewing $301K$475K-47% 990 PDF
FY2021 $565K$549K-50% 990 PDF
FY2020 $1.1M$459K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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