NEW MEXICO HIGH SCHOOL RODEO ASSOCIATION (EIN 850368632) - 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

1986

Legal Domicile

Principal Officer

JAMEY SHIVER

Phone

5757608169

Tax Period

2023-09-01 to 2024-08-31

NEW MEXICO HIGH SCHOOL RODEO ASSOCIATION, founded in 1986, is a small nonprofit in the Recreation & Sports sector that reported $490K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

PROMOTION OF HIGH SCHOOL RODEO ATHLETES

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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 $490,119

Program Service Revenue $0

Investment Income $21

Other Revenue $0

TOTAL REVENUE $490,140

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $517,112

Other Expenses $517,112

TOTAL EXPENSES $517,112

Year-over-Year Comparison

	2023	2022	Change
Revenue	$490,140	$563,360	-0.1%
Expenses	$517,112	$559,273	-0.1%
Net Income	$-26,972	$4,087	-7.6%

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

N/A

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

$17,646

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARRELL TRIPLETT	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN CLINE	EX-OFFICIO	5.00	Director	$0	$0	$0
RUSSELL SULLIVAN	DIRECTOR	2.00	Director	$0	$0	$0
TANNER TRUJILLO	DIRECTOR	2.00	Director	$0	$0	$0
ADAM GONZALES	DIRECTOR	2.00	Director	$0	$0	$0
KODY PHILLIPS	DIRECTOR	2.00	Director	$0	$0	$0
CHANCIE ROBERTS	DIRECTOR	2.00	Director	$0	$0	$0
KOELL RIOS	DIRECTOR	2.00	Director	$0	$0	$0
JAMEY SHIVER	PRESIDENT	5.00	Officer	$0	$0	$0
MARTY MATHIS	VICE-PRESIDENT	2.00	Officer	$0	$0	$0
KASSANDRA BURAS	SECRETARY	10.00	Officer	$17,646	$0	$17,646

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	$490,140	$517,112	$220,448	$-26,972
2023	$563,360	$559,273	$247,420	$4,087
2022	$523,250	$487,385	$243,333	$35,865
2021	$500,131	$453,759	$207,467	$46,372
2020	$278,397	$250,534	$161,095	$27,863
2019	$442,277	$428,008	$133,232	$14,269

NEW MEXICO HIGH SCHOOL RODEO ASSOCIATION