INDIANA HIGH SCHOOL ODEO ASSN

EIN: 356304670 501(c)(3) Recreation & Sports

Nabb, IN

Total Revenue
$287,417
Total Expenses
$308,374
Total Assets
$48,829
Net Assets
$48,829
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
IN
Principal Officer
SUSAN WEBB
Phone
5026451727
Tax Period
2024-08-01 to 2025-07-31

INDIANA HIGH SCHOOL ODEO ASSN, founded in 1977, is a small nonprofit in the Recreation & Sports sector that reported $287K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

TO PROMOTE HIGH SCHOOL RODEO ON A STATEWIDE SCALE AND TO PROMOTE SPORTSMANSHIP IN RODEO

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $84,940
Program Service Revenue $202,477
Investment Income $0
Other Revenue $0
TOTAL REVENUE $287,417

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $308,374
Other Expenses $308,374
TOTAL EXPENSES $308,374

Year-over-Year Comparison

2024 2023 Change
Revenue $287,417 $308,522 -0.1%
Expenses $308,374 $270,495 +0.1%
Net Income $-20,957 $38,027 -1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
20

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA LEGAN TREASURER 5.00
Officer
$0 $0 $0
ADAM CARR PRESIDENT 5.00
Officer
$0 $0 $0
SCOTT HUSBAND VICE PRESIDENT 5.00
Officer
$0 $0 $0
DEBORAH RICHARDS SECRETARY 3.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $287,417 $308,374 $48,829 $-20,957
2024 $308,522 $270,495 $69,786 $38,027
2023 $275,229 $279,399 $21,651 $-4,170
2022 $235,393 $246,802 $25,821 $-11,409
2021 $260,163 $276,144 $37,230 $-15,981
2020 $213,550 $182,242 $53,211 $31,308
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