NEW MEXICO HIGH SCHOOL RODEO ASSOCIATION

EIN: 850368632 501(c)(3) Recreation & Sports

PORTALES, NM

Total Revenue
$518,380
Total Expenses
$505,839
Total Assets
$232,989
Net Assets
$232,989
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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
NM
Principal Officer
JAMEY SHIVER
Phone
5757608169
Tax Period
2024-09-01 to 2025-08-31

NEW MEXICO HIGH SCHOOL RODEO ASSOCIATION, founded in 1986, is a small nonprofit in the Recreation & Sports sector that reported $518K in total revenue in fiscal year 2024.

Mission

NONE

Program Service Accomplishments

Program 1
Expenses: $484,514 Revenue: $496,526

NEW MEXICO HIGH SCHOOL RODEO ASSOCIATION IS AN ORGANIZATION ESTABLISHED TO PROMOTE HEALTHY AND FAIR COMPETITION AMONG HIGH SCHOOL STUDENTS WHO CHOOSE TO BECOME MEMBERS. YEAR-END AWARDS ARE PRESENTED...

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NEW MEXICO HIGH SCHOOL RODEO ASSOCIATION IS AN ORGANIZATION ESTABLISHED TO PROMOTE HEALTHY AND FAIR COMPETITION AMONG HIGH SCHOOL STUDENTS WHO CHOOSE TO BECOME MEMBERS. YEAR-END AWARDS ARE PRESENTED TO THE TOP FINISHERS.

Program 2
Expenses: $21,325 Revenue: $21,854

SCHOLARSHIPS ARE AWARDED BASED ON SCHOLASTIC ACHIEVEMENT AND NEED. ALL APPLICATIONS ARE JUDGED BY AN INDEPENDENT PANEL OF JUDGES. GRADUATION SENIORS ARE ELIGIBLE FOR THESE 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 (2024)

Revenue Breakdown

Contributions & Grants $518,380
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $518,380

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $505,839
Other Expenses $505,839
TOTAL EXPENSES $505,839

Year-over-Year Comparison

2024 2023 Change
Revenue $518,380 $490,140 +0.1%
Expenses $505,839 $517,112 0.0%
Net Income $12,541 $-26,972 -1.5%
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
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
3
$17,646
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
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
2025 $518,380 $505,839 $232,989 $12,541
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
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