Omak Stampede INC EIN 91-0751069 Form 990 (PDF) Claim this org

Omak Stampede INC

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Hosts a multicultural PRCA rodeo and family event, benefiting local parks. For fiscal year 2025 it reported $829K in revenue, $863K in expenses, and $62K in net assets.Pt I

Type
Membership association · Nonprofit
Location
Omak, WA
Website
www.omakstampede.org
Filings
6 on file (2020–2025)
Revenue
$829KFY2025
Expenses
$863K
Net assets
$62K
People
16
Filings
6
Updates
0
More identity details & actions ⌄
EIN  91-0751069 Membership association Omak, WA
Form 990 (PDF)
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Size
$100K–1M
What they do
Hosts a multicultural PRCA rodeo and family event, benefiting local parks.
Leadership
Leon Hoover · President
Money in and out
$829K revenue, $863K expenses
Bottom line
-4% operating surplus
Membership & operating revenue · FY2025
Total revenue
$829K
Pt VIII · Ln 12
Total expenses
$863K
Pt IX · Ln 25
Net assets
$62K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$34K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Operating surplus
-4%
revenue over expenses▲ +97% vs prior filing year
Earned revenue
96%
of revenue from program services & dues▲ +4% vs prior filing year
Payroll share
12%
of spending is salaries & benefits▼ -57% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$829K
FY2025▲ ×108
Expenses
$863K
FY2025▲ ×47
Total assets
$89K
FY2025▼ -12%
Total liabilities
$27K
FY2025▲ +361%
Total revenue
$829K
Pt VIII · Ln 12
Total expenses
$863K
Pt IX · Ln 25
Net assets
$62K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$34K
Total assetsPt X · Ln 16$89K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COmak Stampede INC
EINHdr · item D91-0751069
Principal addressHdr · item COmak, WA
WebsiteHdr · item Jwww.omakstampede.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1981

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
1st Vice President
$0Pt VII · Sec A
2nd Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Tribal Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sarah Grooms$47,479$49,458$31,653$15,827$47,480
Gail Fuller$26,878

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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Mission & Programs · Part III

Where the work happens

1 program service account for $692K of program spending, described in the organization's own filed words · FY2025.
01

Provide a world class prca rodeo with a family venue which attracts visitors from around the world. This is a multicultural event working cooperatively with the colville tribe. Funds generated from the event are contributed in part to the city of omak for park improvements.

$692Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$796K · 96%
Contributions & grants$14K · 2%
Other revenue$18K · 2%
Program service revenue96%$796K
Contributions & grants2%$14K
Other revenue2%$18K
Total revenueLn 12$829K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$692K
Management & general20%$170K
Total functional expensesLn 25$863K

Balance Sheet

Part X · end of year
CashLn 1$56K
Total assetsLn 16$89K
Total liabilitiesLn 26$27K
Total net assetsLn 32$62K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $56K · Operating expenses/yr $863K
0.8 months
Where the money goes
Program services
Program services $692K · Total expenses $863K
80%
Management & General
Management & general $170K · Total expenses $863K
20%
Fundraising
Fundraising $0 · Total expenses $863K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $6K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $14K · Total revenue $829K
2%
Government reliance
Government grants — · Total revenue $829K
Earned-income share
Program service revenue $796K · Total revenue $829K
96%
Investment reliance
Investment income $0 · Total revenue $829K
0%
Program self-sufficiency
Program service revenue $796K · Total expenses $863K
92%
Growth & trend
Revenue growth (YoY)
This year $829K · Prior year $8K
Prior-year revenue below floor — showing dollar change
Revenue CAGR
FY2019 $52K · FY2025 $829K
+58%
Net-asset trend (YoY)
End of year $62K · Beginning of year $96K
-35%
Balance sheet
Surplus Margin
Revenue $829K · Expenses $863K
-4%
Liabilities-to-Assets
Total liabilities $27K · Total assets $89K
30%
Net-asset ratio
Net assets $62K · Total assets $89K
70%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $89K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Leon Hoover · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $863K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $101K · Total expenses $863K
12%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 20%
Fundraising cost ratio 0%
Revenue growth ×108

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 · this organization's grantmaking
Grants paid · 1 grant · $10K · 2020–2020
Unitemized GrantFY2020$9,500

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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)$829K revenue · viewing · ⤓ 990 PDF
FY2024$855K revenue · ⤓ 990 PDF
FY2023$685K revenue · ⤓ 990 PDF
FY2022$664K revenue · ⤓ 990 PDF
FY2021$661K revenue · ⤓ 990 PDF
FY2020$52K 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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