Deep South Little Britches Rodeo Association

The information for Deep South Little Britches Rodeo Association is as of the organization's most recent filing in December '20. This organization is located in Oak Grove, LA. It has been in existence for 2 years, following its founding in 2018.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Deep South Little Britches Rodeo Association's NTEE code is O50. The "O" tells us that the organization is classified along with Youth Development. The "50" tells us that the organization is focused on Youth Development Programs. The NTEE describes Youth Development Programs as those that provide opportunities for children and youth to participate in recreational, cultural, social, and civic activities through membership in clubs and other youth groups, with the purpose of helping youngsters develop their potential and grow into healthy, educated, responsible, and productive adults. The organization's mission is to educate children in the sport of rodeo.

Program Areas

Program Area 1: The organization provided payouts and year-end awards for the rodeo program within the general fund, reporting all revenues, support, and functional expenses that are not specifically reported by another fund or program.

Program Area 2: The organization provided payouts and year-end awards for the rodeo program.

Board Governance

Based on the information provided, it appears that the Deep South Little Britches Rodeo Association is not well-governed. The organization has a small number of voting members, with no independent members. This lack of independence could potentially limit the diversity of perspectives and decision-making within the organization. Furthermore, the organization does not have any documented board or committee meetings, which suggests a lack of transparency and accountability. Without documented meetings, it may be difficult to ensure that decisions are made in the best interest of the organization and its stakeholders. Additionally, the organization does not have policies in place to address conflicts of interest, whistleblowing, document retention, or the substantiation and review of leadership and officer salaries. These policies are important for ensuring ethical conduct, transparency, and accountability within a nonprofit organization. Overall, the Deep South Little Britches Rodeo Association would benefit from implementing governance practices that promote transparency, accountability, and ethical conduct. This could include diversifying the board, documenting meetings, and implementing policies to address conflicts of interest, whistleblowing, and document retention.

Organization Growth

The Deep South Little Britches Rodeo Association has experienced growth over the given time period. Both the program service revenue and total revenue increased significantly from 2018 to 2020, with program service revenue rising from $109.7K to $328.1K and total revenue increasing from $114.3K to $328.1K. However, the employee salaries remained the same at $3.7K throughout this period. Additionally, the total expenses also increased, going from $246.1K in 2019 to $323.6K in 2020. Overall, the organization's revenue and expenses indicate growth, while employee salaries remained constant.