PASADENA LIVESTOCK SHOW & RODEO ASSOCIATION INC

EIN: 760183441 501(c)(3)

PASADENA, TX

Total Revenue
$2,404,569
Total Expenses
$2,167,715
Total Assets
$1,073,092
Net Assets
$670,662
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
TX
Principal Officer
Clint Castellow
Phone
2814870240
Tax Period
2023-01-01 to 2023-12-31

PASADENA LIVESTOCK SHOW & RODEO ASSOCIATION INC, founded in 1988, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $2.2M left a modest 10% surplus.

Mission

PROMOTE AGRICULTURAL EDUCATION AND AWARENESS FOR THE COMMUNITY, ALLOW LOCAL YOUTH THE OPPORTUNITY TO EXHIBIT LIVESTOCK IN THE ANNUAL LIVESTOCK SHOW, AND AWARD SCHOLARSHIPS

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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 (2023)

Revenue Breakdown

Contributions & Grants $344,966
Program Service Revenue $2,048,945
Investment Income $10,658
Other Revenue $0
TOTAL REVENUE $2,404,569

Expense Breakdown

Grants Paid $0
Salaries & Benefits $125,719
Fundraising Expenses $0
Program Expenses $2,115,038
Other Expenses $2,041,996
TOTAL EXPENSES $2,167,715

Year-over-Year Comparison

2023 2022 Change
Revenue $2,404,569 $1,924,252 +0.2%
Expenses $2,167,715 $1,981,050 +0.1%
Net Income $236,854 $-56,798 -5.2%
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

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
11
Independent Members
11
Employees
3
Volunteers
1600

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
11
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAY HUNT CHAIRMAN 0.50
Officer
$0 $0 $0
CLINT CASTELLOW PRESIDENT 0.50
Officer
$0 $0 $0
JIM DUTTON 1ST VICE-PRESIDENT 0.50
Officer
$0 $0 $0
SHERRY BUFKIN VP OF FINANCE 0.50
Officer
$0 $0 $0
BILLY EDMONSON VICE-PRESIDENT 0.50
Officer
$0 $0 $0
BEAR HEBERT VICE-PRESIDENT 0.50
Officer
$0 $0 $0
GREG JALOWY VICE-PRESIDENT 0.50
Officer
$0 $0 $0
JAY MCKEE VICE-PRESIDENT 0.50
Officer
$0 $0 $0
TREY SCOTT VICE-PRESIDENT 0.50
Officer
$0 $0 $0
TINA TAYLOR VICE-PRESIDENT 0.50
Officer
$0 $0 $0
SAM FERRUGIA III VICE-PRESIDENT 0.50
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 No data No data No data No data
2023 $2,404,569 $2,167,715 $1,073,092 $236,854
2022 $1,924,252 $1,981,050 $887,830 $-56,798
2021 $1,663,574 $1,552,432 $639,099 $111,142
2020 $632,096 $645,915 $545,551 $-13,819
2019 $1,538,737 $1,464,467 $412,131 $74,270
2018 $1,485,946 $1,637,334 $384,869 $-151,388
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