TEXAS HIGH SCHOOL RODEO ASSOCIATION

EIN: 742093972 501(c)(3) Education

CENTER, TX

Total Revenue
$7,664,781
Total Expenses
$7,471,369
Total Assets
$1,970,087
Net Assets
$1,875,017
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
TX
Principal Officer
SUSAN BALDWIN
Phone
9362484325
Tax Period
2024-08-01 to 2025-07-31

TEXAS HIGH SCHOOL RODEO ASSOCIATION, founded in 1946, is a community nonprofit in the Education sector that reported $7.7M in total revenue in fiscal year 2024.

Mission

GENERATION OF MONIES FOR SCHOLARSHIPS FOR TEXAS STUDENTS INVOLVED IN JUNIOR HIGH AND HIGH SCHOOL RODEO ACTIVITIES.

Program Service Accomplishments

Program 1
Expenses: $7,142,482 Revenue: $5,513,825

SCHOLARSHIPS FOR TEXAS STUDENTS INVOLVED IN HIGH SCHOOL AND JUNIOR HIGH SCHOOL RODEO ACTIVITIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,079,680
Program Service Revenue $5,513,825
Investment Income $38,086
Other Revenue $1,033,190
TOTAL REVENUE $7,664,781

Expense Breakdown

Grants Paid $219,030
Salaries & Benefits $172,146
Fundraising Expenses $0
Program Expenses $7,142,482
Other Expenses $7,080,193
TOTAL EXPENSES $7,471,369

Year-over-Year Comparison

2024 2023 Change
Revenue $7,664,781 $7,136,265 +0.1%
Expenses $7,471,369 $7,163,246 +0.0%
Net Income $193,412 $-26,981 -8.2%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
44
Independent Members
44
Employees
5
Volunteers
44

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
4
$57,244
Total Directors
12
$57,244
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL AKINS PRESIDENT 5.00
Officer Director
$0 $0 $0
JOHN SCHUENEMAN 1ST VICE PRE 5.00
Officer Director
$0 $0 $0
KIRK MATHIS 2ND VICE PRE 5.00
Officer Director
$0 $0 $0
SUSAN BALDWIN SEC/TREASURE 40.00
Officer Director
$57,244 $0 $57,244
KEN BRAY PAST PRESIDE 3.00
Director
$0 $0 $0
MIKE GHORMLEY NATIONAL DIR 3.00
Director
$0 $0 $0
LARRY DOWELL DELEGATE AT 3.00
Director
$0 $0 $0
CLINT SHOFNER DELEGATE AT 3.00
Director
$0 $0 $0
JUSTIN CLINTON DELEGATE AT 3.00
Director
$0 $0 $0
DAVID BAUMANN DELEGATE AT 3.00
Director
$0 $0 $0
GUY YARBROUGH DELEGATE AT 3.00
Director
$0 $0 $0
RACHEL ROBBINS QUEEN CO 3.00
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 $7,664,781 $7,471,369 $1,970,087 $193,412
2024 $7,136,265 $7,163,246 $1,964,924 $-26,981
2023 $7,387,091 $7,042,057 $1,888,396 $345,034
2022 $6,538,446 $6,315,029 $1,481,050 $223,417
2021 $6,350,993 $6,014,983 $1,185,814 $336,010
2020 $5,941,428 $5,895,182 $743,347 $46,246
2018 $6,049,941 $6,086,017 $694,518 $-36,076
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