ARKANSAS HIGH SCHOOL RODEO ASSOC

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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

1979

Legal Domicile

Phone

8705104180

Tax Period

2023-08-01 to 2024-07-31

ARKANSAS HIGH SCHOOL RODEO ASSOC, founded in 1979, is a small nonprofit in the Education sector that reported $585K in total revenue in fiscal year 2023. Expenses of $555K left a modest 5% surplus.

Mission

THE AHSRA PROMOTES GOOD CHARACTER, FAIR COMPETITION, AND ACADEMIC SUCCESS INVOLVING THE ATHLETIC SKILLS AND ABILITIES OF THE SPORT OF THE RODEO. THIS ASSOCIATION WAS CREDITED TO FIVING HIGH SCHOOL STUDENTS THE OPPORTUNITY TO ENHANCE AND IMPROVE THEIR SKILLS IN SPORTS AND LIFE.

Program Service Accomplishments

Program 1

AHRSA PROMOTES FAIR COMPETITION AND GOOD CHARACTER IN SPORTS AND LIFE. THE AHRSA IS ACCREDITED FOR GIVING THIS OPPORTUNITY TO ENHANCE AND APPROVE THESE SKILLS.

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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 $106,558

Program Service Revenue $477,500

Investment Income $651

Other Revenue $0

TOTAL REVENUE $584,709

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,450

Fundraising Expenses $0

Other Expenses $550,077

TOTAL EXPENSES $554,527

Year-over-Year Comparison

	2023	2022	Change
Revenue	$584,709	$593,509	0.0%
Expenses	$554,527	$566,616	0.0%
Net Income	$30,182	$26,893	+0.1%

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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

$4,450

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANITA HIGGINBOTHAM	SECRETARY	20.00	Key Emp	$4,450	$0	$4,450
WAYNE SMITH	NATIONAL DIRECTOR	10.00	Director	$0	$0	$0
RANDY HAWKINS	PRESIDENT	10.00	Officer	$0	$0	$0
CORY SNELSON	VICE PRESIDENT	10.00	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
2024	$584,709	$554,527	$53,364	$30,182
2023	$467,806	$477,529	$37,073	$-9,723
2022	$398,818	$397,992	$38,942	$826
2021	$353,919	$354,113	$39,187	$-194