Reno Rodeo Foundation
- Assets
- $2.5m
- Revenue
- $527.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Reno, NV
- Founding
- 11/1994
- Data as of
- 07/2021
- EIN
- 88-0230538
Organization Overview
Reno Rodeo Foundation is located in Reno, NV. The organization was established in 1994. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 07/2021, Reno Rodeo Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reno Rodeo Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2021, Reno Rodeo Foundation generated $527.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $560.8k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Reno Rodeo Foundation has awarded 18 individual grants totaling $253,332. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION ENHANCES AND ENRICHES THE LIVES OF NORTHERN NEVADA FAMILIES BY AIDING CHILDREN WITH EXTRAORDINARY NEEDS, SUPPORTING COMMUNITY PROJECTS, AND PROVIDING SCHOLARSHIPS. ALSO, THE FOUNDATION SERVES TO FOSTER AN APPRECIATION FOR THE SPORT AND HISTORY OF RODEO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RENO RODEO FOUNDATION SUPPORTS THE COMMUNITY BY PROVIDING GRANTS TO NORTHERN NEVADA NONPROFIT ORGANIZATIONS TO SUPPORT THEIR PROGRAMS, CHOOSING A CHILD WITH SPECIAL NEEDS TO RECEIVE A RODEO WISH TO EHANCE THE QUALITY OF HIS/HER LIFE, SPONSORING VARIOUS PROGRAMS SUCH AS THE DENIM DRIVE AND PROVIDING TEDDY BEARS TO CLOTHE AND COMFORT FOSTER CHILDREN AND CHILDREN IN PROTECTIVE CUSTODY. THE FOUNDATION ALSO PROVIDES COMFORT BY SUPPLYING NEW BOOKS AND READING ROOMS FOR CHILDREN ATTENDING FAMILY COURT PROCEEDINGS.
THE FOUNDATION FUNDS EDUCATIONAL SCHOLARSHIPS THROUGH A COMMITTEE THAT REVIEWS AND SCORES APPLICATIONS AND MAKES RECOMMENDATION TO THE BOARD. SCHOLARSHIPS WERE AWARDED TO 37 STUDENTS ATTENDING A NEVADA COLLEGE OR UNIVERSITY. SCHOLARSHIPS MAY BE AWARDED FOR OUT-OF-STATE SCHOOLS WHEN THE STUDENTS DEGREE PROGRAM IS NOT OFFERED IN NEVADA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clara Andriola Executive Director | Officer | 40 | $92,400 |
Sharon Smith Trustee | OfficerTrustee | 1 | $0 |
Jeff Turnipseed Treasurer | OfficerTrustee | 2 | $0 |
Debra Herman Vice President | OfficerTrustee | 2 | $0 |
Scott Peterson President | OfficerTrustee | 2 | $0 |
Honorable Jack Schroeder Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,000 |
| Related organizations | $0 |
| Government grants | $98,337 |
| All other contributions, gifts, grants, and similar amounts not included above | $321,491 |
| Noncash contributions included in lines 1a–1f | $126,757 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $433,828 |
| Total Program Service Revenue | $0 |
| Investment income | $92,580 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $863 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $527,271 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $132,895 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,625 |
| Compensation of current officers, directors, key employees. | $9,242 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,155 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,069 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,704 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,900 |
| Advertising and promotion | $38,244 |
| Office expenses | $7,645 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,000 |
| Travel | $4,386 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,069 |
| Insurance | $4,735 |
| All other expenses | $2,534 |
| Total functional expenses | $560,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $310,310 |
| Savings and temporary cash investments | $509,826 |
| Pledges and grants receivable | $46,687 |
| 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 | $112,708 |
| Net Land, buildings, and equipment | $4,873 |
| Investments—publicly traded securities | $1,556,338 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,540,742 |
| Accounts payable and accrued expenses | $84,173 |
| Grants payable | $0 |
| Deferred revenue | $83,410 |
| 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 | $20,588 |
| Total liabilities | $188,171 |
| Net assets without donor restrictions | $1,955,179 |
| Net assets with donor restrictions | $397,392 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,540,742 |
Grants Awarded
Over the last fiscal year, Reno Rodeo Foundation has awarded $60,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SAINT MARYS MEDICAL FOUNDATION PURPOSE: Reno Rodeo Wish - assist ill children | $12,000 |
SAINT MARYS MEDICAL FOUNDATION PURPOSE: Reno Rodeo Wish - assist ill children | $12,000 |
Carson City, NV PURPOSE: Reno Rodeo Wish - assist ill children | $11,000 |
Carson City, NV PURPOSE: Reno Rodeo Wish - assist ill children | $11,000 |
Reno, NV PURPOSE: Reno Rodeo Wish - assist ill children | $7,000 |
Reno, NV PURPOSE: Reno Rodeo Wish - assist ill children | $7,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Reno Rodeo Foundation has recieved totaling $40,483.
| Awarding Organization | Amount |
|---|---|
The Parasol Tahoe Community Foundation Inc Incline Village, NV PURPOSE: A0: Arts, Culture & Heritage | $22,500 |
Earl And Elizabeth Ash Foundation Of Nevada Reno, NV PURPOSE: GENERAL PURPOSE | $15,000 |
Zions Bancorporation Foundation Salt Lake City, UT PURPOSE: PROVIDE CLOTHING, TOYS, AND HYGIENE ITEMS TO FOSTER KIDS | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $483 |
Endowment Analysis
| Beg. Balance | $1,694,804 |
| Earnings | $224,366 |
| Other Expense | $253,423 |
| Ending Balance | $1,665,747 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reno Rodeo Association Reno, NV | $7,682,424 | $7,267,043 |
J F Shea Therapeutic Riding Center Inc San Juan Capistrano, CA | $18,381,911 | $5,838,761 |
The Horsepark At Woodside Ltd Woodside, CA | $5,825,426 | $3,874,613 |
Paso Robles Horse Park Foundation Inc Paso Robles, CA | $8,466,644 | $4,825,746 |
Arizona Cutting Horse Association Sonoita, AZ | $358,442 | $3,211,338 |
National Center For Equine Facilitated Therapy Woodside, CA | $7,890,170 | $1,276,046 |
Clovis Horse Show & Festival Assn Clovis, CA | $2,523,034 | $1,947,993 |
Rbb Inc Redwood City, CA | $80,395 | $1,535,893 |
Caldwell Night Rodeo Caldwell, ID | $1,843,255 | $1,685,493 |
Tucson Rodeo Committee Inc Tucson, AZ | $1,987,361 | $2,029,512 |
Rancho Riding Club Rancho Santa Fe, CA | $2,274,734 | $1,345,001 |
Utah Cutting Horse Association Lehi, UT | $334,665 | $1,358,261 |