MINNESOTA HIGH SCHOOL RODEO (EIN 411345287) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1955

Principal Officer

CHAD ENGSTROM

Phone

3205104070

Tax Period

2024-01-01 to 2024-12-31

MINNESOTA HIGH SCHOOL RODEO, founded in 1955, is a small nonprofit in the Youth Development sector that reported $594K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $519K left a modest 13% surplus.

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.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $302,384

Program Service Revenue $291,563

Investment Income $0

Other Revenue $0

TOTAL REVENUE $593,947

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $72,187

Program Expenses $413,314

Other Expenses $519,380

TOTAL EXPENSES $519,380

Year-over-Year Comparison

	2024	2023	Change
Revenue	$593,947	$500,225	+0.2%
Expenses	$519,380	$471,691	+0.1%
Net Income	$74,567	$28,534	+1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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	2ND VICE PRE	N/A	Officer	$0	$0	$0
CHAD ENGSTROM	PRESIDENT	N/A	Officer	$0	$0	$0
SHELLY HOLTZER	1ST VICE PRE	N/A	Officer	$0	$0	$0
SCOTT LARSON	PAST PRESIDE	N/A	Officer	$0	$0	$0
TERA OLAND	SECRETARY	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
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

MINNESOTA HIGH SCHOOL RODEO