Colorado Professional Rodeo Association
- Assets
- $29.7k
- Revenue
- $226.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Kersey, CO
- Founding
- 06/1977
- Data as of
- 12/2021
- EIN
- 84-0706178
Organization Overview
Colorado Professional Rodeo Association, operating under the name Cpra, is located in Kersey, CO. The organization was established in 1977. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Cpra employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cpra is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Cpra generated $226.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $236.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THIS ASSOCIATION SANCTIONS RODEOS IN A FOUR STATE REGION AND SPONSORS A YEAR END FINAL RODEO FOR THE TOP 12 CONTESTANTS FROM EACH EVENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RODEO FINALS THE TOP TWELVE MEMBER FINALIST IN EACH DIVISION PARTICIPATE IN RODEO COMPETITION IN THEIR RESPECTIVE DIVISIONS FOR CHAMPIONSHIP OF THEIR DIVISION. APPROXIMATELY 150 MEMBERS PARTICIPATE IN THE FINALS AND APPROXIMATELY 3000 SPECTATORS ATTEND AND ENJOY THE COMPETITION.
THE MEMBERSHIP RODEO IS HELD TO PROMOTE MEMBERSHIP IN THE ASSOCIATION; TO STIMULATE PARTICIPATION IN THE RODEO SPORT; AND TO HIGHLIGHT THE COMPETITIVENESS AND DIVERSITY OF THE HIGHLIGHTED EVENTS.
PROMOTE RODEO'S IN FOUR STATES TO HELP YOUNG CHILDREN PARTICIPATE AND COMPETE FOR OVERALL AWARDS THEREBY TEACHING COMPETION, SOCIAL SKILLS AND LIFE SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geesen Heidi Cpra State Secretary | Officer | 40 | $16,500 |
Singer Sandra Treasurer/bookkeeper | OfficerTrustee | 10 | $4,800 |
Jackson Hadley Vice President | Officer | 20 | $0 |
Scanga Don President | Officer | 25 | $0 |
Vossler Chafe Bareback Riding Director | Trustee | 10 | $0 |
Johnson Erin Breakaway Roping Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $219,291 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,420 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $226,712 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $197,373 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,300 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,262 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,676 |
| Office expenses | $6,166 |
| Information technology | $2,092 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $555 |
| Interest | $160 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $500 |
| All other expenses | $0 |
| Total functional expenses | $236,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,064 |
| Savings and temporary cash investments | $5,497 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,133 |
| Total assets | $29,694 |
| Accounts payable and accrued expenses | $243 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $243 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $29,451 |
| Total liabilities and net assets/fund balances | $29,694 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Cutting Horse Association Sonoita, AZ | $358,442 | $3,211,338 |
Professional Association Of Therapeutic Horsemanship Intl Westminster, CO | $1,976,775 | $2,827,086 |
Colorado Springs Rodeo Association Colorado Springs, CO | $74,186 | $2,419,320 |
Oklahoma Quarter Horse Racing Association Inc Edmond, OK | $3,393,007 | $2,258,601 |
Omaha Equestrian Foundation Omaha, NE | $87,852 | $1,522,092 |
Tucson Rodeo Committee Inc Tucson, AZ | $1,987,361 | $2,029,512 |
Utah Cutting Horse Association Lehi, UT | $334,665 | $1,358,261 |
Sheridan Wyo Rodeo Inc Sheridan, WY | $1,087,929 | $1,273,070 |
Nebraska Horsemens Benevolent & Protective Association Inc Lincoln, NE | $12,449,045 | $1,882,455 |
Arizona Reining Horse Association Inc Scottsdale, AZ | $327,080 | $1,052,561 |
Therapeutic Riding Of Tucson Inc Tucson, AZ | $1,737,432 | $1,013,964 |
Oklahoma Quarter Horse Association Inc Oklahoma City, OK | $788,287 | $878,265 |