Reno Rodeo Foundation

EIN: 880230538 501(c)(3)

Reno, NV

Total Revenue
$692,827
Total Expenses
$920,107
Total Assets
$2,470,067
Net Assets
$2,364,650
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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
NV
Principal Officer
Cheree Boteler
Phone
7753229875
Tax Period
2024-08-01 to 2025-07-31

Reno Rodeo Foundation, founded in 1986, is a small nonprofit that reported $693K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $920K exceeded revenue, resulting in a 33% operating deficit.

Mission

The Foundation enhances and enriches the lives of Northern Nevada families by aiding children with extraordinary needs, supporting community projects, and providing scholarships. Also, the Foundation serves to foster an appreciation for the sport and history of rodeo.

Program Service Accomplishments

Program 1
Expenses: $542,441

The Reno Rodeo Foundation supports abused, neglected, and at-risk children across 14 counties in Northern Nevada. Such programs include choosing one or more children with special needs to receive a...

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The Reno Rodeo Foundation supports abused, neglected, and at-risk children across 14 counties in Northern Nevada. Such programs include choosing one or more children with special needs to receive a Rodeo Wish to enhance the quality of his/her life, sponsoring various programs such as Family Day at the Rodeo. Through the Denim Drive, the Foundation provides clothing and comfort to foster children and children in protective custody. The Foundation also provides comfort by supplying new books and Reading Rooms for children attending family court proceedings.

Program 2
Expenses: $137,339

The Foundation funds educational scholarships through a committee that reviews and scores applications and makes recommendation to the Board. Scholarships were awarded to 26 students attending a...

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The Foundation funds educational scholarships through a committee that reviews and scores applications and makes recommendation to the Board. Scholarships were awarded to 26 students attending a Nevada college or university. Scholarships may be awarded for out-of-state schools when the students degree program is not offered in Nevada.

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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 $625,955
Program Service Revenue $0
Investment Income $66,649
Other Revenue $223
TOTAL REVENUE $692,827

Expense Breakdown

Grants Paid $137,339
Salaries & Benefits $202,453
Fundraising Expenses $139,099
Program Expenses $679,780
Other Expenses $580,315
TOTAL EXPENSES $920,107

Year-over-Year Comparison

2024 2023 Change
Revenue $692,827 $868,610 -0.2%
Expenses $920,107 $862,932 +0.1%
Net Income $-227,280 $5,678 -41.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
3
Volunteers
100

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
5
$103,667
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cheree Boteler Executive Director 40.00
Officer
$88,460 $15,207 $103,667
Linda Bissett Trustee 1.00
Director
$0 $0 $0
Denise Carver Trustee 1.00
Director
$0 $0 $0
Matt Cates Trustee 1.00
Director
$0 $0 $0
Honorable Scott Freeman Trustee 1.00
Director
$0 $0 $0
Greg Goss Trustee 1.00
Director
$0 $0 $0
Debby Herman Trustee - Past President 1.00
Director
$0 $0 $0
Tony Marini Trustee 1.00
Director
$0 $0 $0
Carrie Ann Settler Trustee 1.00
Director
$0 $0 $0
Mark Sutton Trustee 1.00
Director
$0 $0 $0
Mike Torvinen CPA Trustee 1.00
Director
$0 $0 $0
Thaaron Kalt Treasurer 2.00
Officer Director
$0 $0 $0
Craig Downie President 2.00
Officer Director
$0 $0 $0
Josh Iveson Vice President 2.00
Officer Director
$0 $0 $0
Scott Peterson Secretary 2.00
Officer Director
$0 $0 $0
Jim Neil Ex-Officio Board Member 0.00
$0 $0 $0
George Combs Ex-Officio Board Member 0.00
$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 $692,827 $920,107 $2,470,067 $-227,280
2024 $868,610 $862,932 $2,582,702 $5,678
2023 $871,740 $827,573 $2,602,925 $44,167
2022 $826,932 $680,461 $2,492,175 $146,471
2021 $527,271 $560,808 $2,540,742 $-33,537
2020 $825,501 $717,547 $2,268,748 $107,954
2019 $742,929 $843,644 $2,208,726 $-100,715
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