LIVINGSTON ROUNDUP ASSOCIATION INC

EIN: 810421528

LIVINGSTON, MT

Total Revenue
$865,516
Total Expenses
$953,960
Total Assets
$547,762
Net Assets
$547,762
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1929
Legal Domicile
MT
Principal Officer
PEGGY GLASS
Phone
4062231001
Tax Period
2024-01-01 to 2024-12-31

LIVINGSTON ROUNDUP ASSOCIATION INC, founded in 1929, is a small nonprofit that reported $866K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $954K exceeded revenue, resulting in a 10% operating deficit.

Mission

THE ORGANIZATION PUTS ON A FOUR DAY RODEO EVENT IN LIVINGSTON MT, A SMALL RURAL TOWN. THIS IS THE BIGGEST EVENT OF THE YEAR IN PARK COUNTY, AND DRAWS CROWDS OF UP TO 20,000 ATTENDEES ANNUALLY. IT IS A SIGNIFICANT PART OF LOCAL HERITAGE. IT IS ONE OF THE LARGEST RODEOS IN THE STATE OF MONTANA, AND REGULARLY DRAWS THE TOP COMPETITORS IN THE COUNTY. IT IS A SIGNIFICANT PRODUCER OF REVENUE TO THE RESTAURAUNTS/BARS, HOTELS, AND OTHER RETAIL MERCHANTS.

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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 $0
Program Service Revenue $789,740
Investment Income $6,752
Other Revenue $69,024
TOTAL REVENUE $865,516

Expense Breakdown

Grants Paid $23,940
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $950,751
Other Expenses $930,020
TOTAL EXPENSES $953,960

Year-over-Year Comparison

2024 2023 Change
Revenue $865,516 $546,507 +0.6%
Expenses $953,960 $500,482 +0.9%
Net Income $-88,444 $46,025 -2.9%
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

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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
8
Independent Members
8
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
0
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLINE BILLINGSLEY PRESIDENT 2.00
Director
$0 $0 $0
CHRIS BILLINGSLEY BOARD MEMBER 2.00
Director
$0 $0 $0
CATHY BOSLEY BOARD SECRET 2.00
Director
$0 $0 $0
GARY GLASS VICE PRESIDE 2.00
Director
$0 $0 $0
MARLENE GLASS BOARD MEMBER 2.00
Director
$0 $0 $0
PEGGY GLASS BOARD TREASU 4.00
Director
$0 $0 $0
SHARON PAYNE BOARD MEMBER 2.00
Director
$0 $0 $0
JANE TECCA BOARD MEMBER 2.00
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 No data No data No data No data
2024 $865,516 $953,960 $547,762 $-88,444
2023 $546,507 $500,482 $636,326 $46,025
2022 $458,495 $381,238 $590,181 $77,257
2021 $413,511 $365,348 No data $48,163
2020 $159,995 $197,292 No data $-37,297
2019 $397,767 $346,448 No data $51,319
2018 $386,589 $318,270 $467,584 $68,319
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