Philomath Frolic And Rodeo Inc
- Assets
- $262.1k
- Revenue
- $282.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Philomath, OR
- Founding
- 06/1968
- Data as of
- 08/2022
- EIN
- 93-0557990
Organization Overview
Philomath Frolic And Rodeo Inc is located in Philomath, OR. The organization was established in 1968. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philomath Frolic And Rodeo Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 08/2022, Philomath Frolic And Rodeo Inc generated $282.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $235.9k during the year ending 08/2022. While expenses have increased by 6.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE PHILOMATH FROLIC RODEO IS TO BE A FAMILY-ORIENTED ENTERTAINMENT ORGANIZATION FOCUSED ON THE TRADITIONS ON WHICH THE COMMUNITY WAS FOUNDED, NAMELY OUR WESTERN HERITAGE AND THE LOGGING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHILOMATH FROLIC AND RODEO - A COMMUNITY CELEBRATION HELD THE SECOND WEEKEND IN JULY OF EACH YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Hinchberger President | Trustee | 6 | $0 |
Deidra Ehlers Treasurer | Trustee | 6 | $0 |
Mary Johnson Secretary | Trustee | 6 | $0 |
Kc Pyle Vice President | Trustee | 6 | $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 | $119,421 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,421 |
| Total Program Service Revenue | $158,561 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,500 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,770 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $282,255 |
| 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 | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $166 |
| 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 | $0 |
| Office expenses | $3,970 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,454 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $854 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,627 |
| Insurance | $2,657 |
| All other expenses | $0 |
| Total functional expenses | $235,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,848 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,850 |
| 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 | $50,419 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $262,117 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $262,117 |
| Total liabilities and net assets/fund balances | $262,117 |
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 |
Little Bit Therapeutic Riding Center Redmond, WA | $10,862,062 | $2,671,005 |
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 |
National Intercollegiate Rodeo Association Walla Walla, WA | $2,628,196 | $1,958,605 |
Rbb Inc Redwood City, CA | $80,395 | $1,535,893 |
Caldwell Night Rodeo Caldwell, ID | $1,843,255 | $1,685,493 |
Rancho Riding Club Rancho Santa Fe, CA | $2,274,734 | $1,345,001 |
Idaho Cutting Horse Assn Inc Buhl, ID | $161,331 | $1,157,609 |