MINNESOTA HIGH SCHOOL RODEO

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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

1955

Principal Officer

SHELLY HOTZLER

Phone

3205104070

Tax Period

2025-01-01 to 2025-12-31

MINNESOTA HIGH SCHOOL RODEO, founded in 1955, is a small nonprofit in the Youth Development sector that reported $573K in total revenue in fiscal year 2025.

Mission

THE ORGANIZATION PROMOTES REGIONAL HIGH SCHOOL RODEOS ON A STATEWIDE SCALE TO KEEP THE WESTERN HERITAGE ALIVE IN MINNESOTA; TO PROMOTE THE HIGHEST STANDARDS OF CONDUCT, SPORTSMANSHIP, AND EDUCATION AMONG THE YOUTH PARTICIPATING IN THE RODEOS; TO PROMOTE THE HUMANE TREATMENT OF ANIMALS; TO PROMOTE A CLOSER RELATIONSHIP AMONG THE FAMILES PARTICIPATING IN RODEOS.

Program Service Accomplishments

Program 1

Expenses: $492,405 Revenue: $294,702

MINNESOTA HIGH SCHOOL RODEO ASSOCIATION ORGANIZED AND CONDUCTED 21 SEPARATE RODEOS/LIGHT RIFLE/TRAP EVENTS THROUGHOUT THE STATE OF MINNESOTA DURING 2025, WITH A COVERAGE OF 50 DAYS OF EVENTS. THEY...

MINNESOTA HIGH SCHOOL RODEO ASSOCIATION ORGANIZED AND CONDUCTED 21 SEPARATE RODEOS/LIGHT RIFLE/TRAP EVENTS THROUGHOUT THE STATE OF MINNESOTA DURING 2025, WITH A COVERAGE OF 50 DAYS OF EVENTS. THEY SERVED APPROXIMATELY 178 CONTESTANTS FROM 100 FAMILIES.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $278,375

Program Service Revenue $294,702

Investment Income $0

Other Revenue $0

TOTAL REVENUE $573,077

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $73,458

Program Expenses $492,405

Other Expenses $606,839

TOTAL EXPENSES $606,839

Year-over-Year Comparison

	2025	2024	Change
Revenue	$573,077	$593,947	0.0%
Expenses	$606,839	$519,380	+0.2%
Net Income	$-33,762	$74,567	-1.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CASEY BOREBOOM	1ST VICE PRE	N/A	Officer	$0	$0	$0
CHAD ENGSTROM	PAST PRESIDE	N/A	Officer	$0	$0	$0
SHELLY HOTZLER	PRESIDENT	N/A	Officer	$0	$0	$0
TERA OLAND	SECRETARY	N/A	Officer	$0	$0	$0
JORDAN WAGNER	2ND VICE PRE	N/A	Officer	$0	$0	$0
RACHEL WAGNER	TREASURER	N/A	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	$573,077	$606,839	$568,615	$-33,762
2024	$593,947	$519,380	$602,377	$74,567
2023	$500,225	$471,691	$527,810	$28,534
2022	$516,537	$371,072	$499,276	$145,465
2021	$435,809	$314,237	$353,811	$121,572
2020	$230,927	$140,867	$232,239	$90,060
2019	$367,689	$356,103	$142,179	$11,586
2018	$356,093	$412,364	$130,593	$-56,271