Interstates Rodeo Association

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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

2008

Legal Domicile

Principal Officer

Kevin Wookey

Phone

6417735232

Tax Period

2025-01-01 to 2025-12-31

Interstates Rodeo Association, founded in 2008, is a micro nonprofit in the Recreation & Sports sector that reported $12K in total revenue in fiscal year 2025. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $29K exceeded revenue, resulting in a 143% operating deficit.

Mission

provide entertainment to public

Program Service Accomplishments

Program 1

Expenses: $22,954 Revenue: $65,163

Provide rodeo entertainment for all ages. Attendance at these functions vary. Numerous clients of all ages served. Flyers and programs are printed for each function.

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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 $13,000

Program Service Revenue $0

Investment Income $0

Other Revenue $-1,173

TOTAL REVENUE $11,827

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,954

Other Expenses $28,757

TOTAL EXPENSES $28,757

Year-over-Year Comparison

	2025	2024	Change
Revenue	$11,827	$29,066	-0.6%
Expenses	$28,757	$21,269	+0.4%
Net Income	$-16,930	$7,797	-3.2%

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

200

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

$10,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rex Strayer	Director	N/A	Director	$0	$0	$0
Kevin Wookey	Director	3.00	Director	$0	$0	$0
Buck Sells	Vice President	3.00	Officer	$0	$0	$0
Shari Thurman	Sec/Treas	3.00	Officer	$10,000	$0	$10,000
Aaron Benson	Director	2.00	Director	$0	$0	$0
John Phillips	Director	2.00	Director	$0	$0	$0
Matt Boos	Director	2.00	Director	$0	$0	$0
Marty Howard	Director	2.00	Director	$0	$0	$0
Morgan Blomgren	Director	2.00	Director	$0	$0	$0
Jason Dyer	Director	2.00	Director	$0	$0	$0
Dakota Barnes	Director	2.00	Director	$0	$0	$0
Heidi Scoles	Director	2.00	Director	$0	$0	$0
Justin Geldel	Director	2.00	Director	$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	$11,827	$28,757	$1,593	$-16,930
2024	$29,066	$21,269	$18,523	$7,797
2022	$27,914	$22,408	$11,690	$5,506
2021	$14,522	$18,100	$6,184	$-3,578
2020	$2,094	$7,551	$9,762	$-5,457
2019	$23,544	$12,912	$15,219	$10,632
2018	$4,950	$16,672	$4,587	$-11,722