Northern Women's Rodeo Association (EIN 830327302) - Form 990 Financial Analysis & Trantor Score

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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

2008

Legal Domicile

Principal Officer

Theresa Sorlie

Phone

4062521122

Tax Period

2024-12-01 to 2025-11-30

Northern Women's Rodeo Association, founded in 2008, is a small nonprofit that reported $102K in total revenue in fiscal year 2024. Revenue surged 192% from the prior year, signaling strong growth momentum. The organization ran a surplus of $36K, a strong 35% operating margin.

Mission

Promoting the sport of Rodeo for Women

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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 (2024)

Revenue Breakdown

Contributions & Grants $36,490

Program Service Revenue $65,958

Investment Income $0

Other Revenue $0

TOTAL REVENUE $102,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,052

Fundraising Expenses $0

Other Expenses $62,598

TOTAL EXPENSES $66,650

Year-over-Year Comparison

	2024	2023	Change
Revenue	$102,448	$35,072	+1.9%
Expenses	$66,650	$44,086	+0.5%
Net Income	$35,798	$-9,014	-5.0%

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

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Celle Rogers	President	10.00	Officer Director	$0	$0	$0
Jacey Fortier	Vice Presidnet	10.00	Officer Director	$0	$0	$0
Cierra Erickson	Director	10.00	Officer Director	$0	$0	$0
Theresa Sorlie	Secretary	40.00	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	$102,448	$66,650	$53,331	$35,798
2024	$35,072	$44,086	$32,599	$-9,014
2023	$93,225	$67,652	$32,719	$25,573
2021	$68,629	$47,149	$17,745	$21,480
2020	$39,235	$21,971	$9,945	$17,264

Northern Women's Rodeo Association