INDIAN NATIONAL FINALS 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

1987

Legal Domicile

Principal Officer

MICHAEL BO VOCU

Phone

4063387684

Tax Period

2023-01-01 to 2023-12-31

INDIAN NATIONAL FINALS RODEO, founded in 1987, is a community nonprofit in the Recreation & Sports sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE, PROMOTE AND PRESERVE THE ADVANCEMENT OF PROFESSIONAL INDIAN RODEO BY EMPOWERING FAMILIES, YOUTH AND COMMUNITIES THROUGH POSITIVE ROLE MODELING, EDUCATIONAL OPPORTUNITIES, COMPETITION, CULTURE AND TRADITION.

Program Service Accomplishments

Program 1

Expenses: $1,801,644 Revenue: $1,008,290

PROVIDE A COMPETITIVE RODEO ENVIRONMENT FOR NATIVE AMERICAN PARTICIPANTS

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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 (2023)

Revenue Breakdown

Contributions & Grants $900,642

Program Service Revenue $1,008,290

Investment Income $16,489

Other Revenue $0

TOTAL REVENUE $1,925,421

Expense Breakdown

Grants Paid $0

Salaries & Benefits $244,881

Fundraising Expenses $102,460

Program Expenses $1,801,644

Other Expenses $1,677,598

TOTAL EXPENSES $1,922,479

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,925,421	$1,565,502	+0.2%
Expenses	$1,922,479	$1,981,282	0.0%
Net Income	$2,942	$-415,780	-1.0%

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

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

$97,268

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BO VOCU	PRESIDENT	2.00	Officer Director	$0	$0	$0
JIM STEVENS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
EUGENE CREIGHTON	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
SAM BIRD	MEMBER	1.00	Director	$0	$0	$0
DENIS TURNER	MEMBER	1.00	Director	$0	$0	$0
BOBBY WALKUP	MEMBER	1.00	Director	$0	$0	$0
FRANK WHITECALFE	MEMBER	1.00	Director	$0	$0	$0
DONNA HOYT	EXECUTIVE DIRECTOR	40.00	Officer	$97,268	$0	$97,268

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	No data	No data	No data	No data
2023	$1,925,421	$1,922,479	$577,298	$2,942
2022	$1,565,502	$1,981,282	$573,158	$-415,780
2021	$2,381,679	$1,508,736	$990,064	$872,943
2020	$645,701	$469,558	$129,310	$176,143
2019	$1,433,211	$1,434,772	$118,052	$-1,561
2018	$1,525,349	$1,483,901	$20,983	$41,448