Bill Pickett Invitational Rodeo Foundation

EIN: 742509144 501(c)(3)

Loganville, GA

Total Revenue
$184,418
Total Expenses
$263,872
Total Assets
$182,333
Net Assets
$182,333
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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
1985
Legal Domicile
GA
Tax Period
2025-01-01 to 2025-12-31

Bill Pickett Invitational Rodeo Foundation, founded in 1985, is a small nonprofit that reported $184K in total revenue in fiscal year 2025. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $264K exceeded revenue, resulting in a 43% operating deficit.

Mission

To provide scholarships, training and other assistance to disadvantaged individuals.

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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 (2025)

Revenue Breakdown

Contributions & Grants $184,418
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $184,418

Expense Breakdown

Grants Paid $118,400
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $226,357
Other Expenses $145,472
TOTAL EXPENSES $263,872

Year-over-Year Comparison

2025 2024 Change
Revenue $184,418 $807,777 -0.8%
Expenses $263,872 $699,162 -0.6%
Net Income $-79,454 $108,615 -1.7%
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

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Governance

Voting Members
6
Independent Members
6
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Valeria Cunningham President 20.00
Officer Director
$0 $0 $0
Breianna Fenner Secretary 3.00
Director
$0 $0 $0
Ken Johnson Board Member 2.00
Director
$0 $0 $0
Margo LaDrew Board Member 2.00
Director
$0 $0 $0
Corey Vason Vice Pres 2.00
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
2025 $184,418 $263,872 $182,333 $-79,454
2024 $807,777 $699,162 $261,787 $108,615
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