WICHITA FALLS PRCA RODEO ASSOCIATION (EIN 472963365) - 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

2015

Legal Domicile

Principal Officer

KURT TUCKER

Phone

9408678391

Tax Period

2024-01-01 to 2024-12-31

WICHITA FALLS PRCA RODEO ASSOCIATION, founded in 2015, is a micro nonprofit in the Education sector that reported $64K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE ASSOCIATION IS TO PRODUCE AN ANNUAL RODEO FOR THE PURPOSE OF FUNDING A SCHOLARSHIP FUND FOR THE PARTICIPANTS OF FUTURE FARMERS OF AMERICA AND 4-H PROGRAMS.

🔒

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 $129,199

Program Service Revenue $0

Investment Income $0

Other Revenue $-65,132

TOTAL REVENUE $64,067

Expense Breakdown

Grants Paid $7,574

Salaries & Benefits $13,000

Fundraising Expenses $13,000

Program Expenses $7,574

Other Expenses $44,565

TOTAL EXPENSES $65,139

Year-over-Year Comparison

	2024	2023	Change
Revenue	$64,067	$47,366	+0.4%
Expenses	$65,139	$50,430	+0.3%
Net Income	$-1,072	$-3,064	-0.7%

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

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

$13,000

Total Directors

$13,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KURT TUCKER	President	1.00	Officer Director	$5,000	$0	$5,000
SONNY DELUNA	Vice President	1.00	Officer Director	$5,000	$0	$5,000
JAN DELUNA	Sec/Treasurer	1.00	Officer Director	$3,000	$0	$3,000

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	$64,067	$65,139	$101,282	$-1,072
2023	$47,366	$50,430	$102,354	$-3,064
2022	$76,665	$34,318	$105,418	$42,347

WICHITA FALLS PRCA RODEO ASSOCIATION