RENO RODEO ASSOCIATION

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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

1987

Legal Domicile

Principal Officer

ANDI MORENCY PHD

Phone

7753293877

Tax Period

2024-08-01 to 2025-07-31

RENO RODEO ASSOCIATION, founded in 1987, is a community nonprofit that reported $8.5M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 19% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO PRODUCE THE GREATEST RODEO IN THE WORLD AND THROUGH DOING THAT HONOR OUR STATE'S WESTERN HERITAGE, PROMOTE THE SPORT OF RODEO, AND GIVE BACK TO THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $4,443,678 Revenue: $7,853,073

THE "WILDEST, RICHEST RODEO IN THE WEST" ENCOMPASSES 10 DAYS OF WILD WEST FAMILY FUN. OVER 140,000 FANS ATTEND EACH YEAR AND THE EVENT IMPACTS THE RENO/SPARKS AREA ECONOMY WITH NEARLY $50 MILLION...

THE "WILDEST, RICHEST RODEO IN THE WEST" ENCOMPASSES 10 DAYS OF WILD WEST FAMILY FUN. OVER 140,000 FANS ATTEND EACH YEAR AND THE EVENT IMPACTS THE RENO/SPARKS AREA ECONOMY WITH NEARLY $50 MILLION GOING TO HOTELS, CASINOS, RESTAURANTS, AND RETAIL OUTLETS.

Program 2

Expenses: $559,016

CONTRIBUTIONS MADE TO COMMUNITY ORGANIZATIONS FROM THE INCOME GENERATED DURING THE ANNUAL RENO RODEO.

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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 $102,619

Program Service Revenue $5,744,499

Investment Income $238,672

Other Revenue $2,372,695

TOTAL REVENUE $8,458,485

Expense Breakdown

Grants Paid $559,016

Salaries & Benefits $778,388

Fundraising Expenses $0

Program Expenses $5,002,694

Other Expenses $5,490,339

TOTAL EXPENSES $6,827,743

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,458,485	$6,313,462	+0.3%
Expenses	$6,827,743	$6,428,523	+0.1%
Net Income	$1,630,742	$-115,061	-15.2%

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

Volunteers

1270

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

$161,394

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM NEIL	PRESIDENT	10.00	Officer Director	$0	$0	$0
MARK SUTTON	1ST VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
GREG GOSS	2ND VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
JUSTIN THOMSEN	TREASURER	10.00	Officer Director	$0	$0	$0
DEBBIE SPRAGUE	SECRETARY	10.00	Officer Director	$0	$0	$0
SHANE AKERSON	DIRECTOR	2.00	Director	$0	$0	$0
RANDY BELL	DIRECTOR	2.00	Director	$0	$0	$0
SHANNON BOHACH	DIRECTOR	2.00	Director	$0	$0	$0
BOB COSE	DIRECTOR	2.00	Director	$0	$0	$0
FRANCINE DONSHICK	DIRECTOR	2.00	Director	$0	$0	$0
TERRY DONSHICK	DIRECTOR	2.00	Director	$0	$0	$0
SPENSER DOWNIE	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL EFSTRATIS	DIRECTOR	2.00	Director	$0	$0	$0
DAN EHORN	DIRECTOR	2.00	Director	$0	$0	$0
JIM ELSTON	DIRECTOR	2.00	Director	$0	$0	$0
LARRY FRUGOLI	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL GIVENS	DIRECTOR	2.00	Director	$0	$0	$0
JIM HAY	DIRECTOR	2.00	Director	$0	$0	$0
NICHOLAS HEATHMAN	DIRECTOR	2.00	Director	$0	$0	$0
KARI LEPORI CORDISCO	DIRECTOR	2.00	Director	$0	$0	$0
JENNY LESIEUTRE	DIRECTOR	2.00	Director	$0	$0	$0
MARTY LIPON	DIRECTOR	2.00	Director	$0	$0	$0
ERIC LOGSDON	DIRECTOR	2.00	Director	$0	$0	$0
TOM MCCARTHY	DIRECTOR	2.00	Director	$0	$0	$0
ANDREA MORENCY	DIRECTOR	2.00	Director	$0	$0	$0
JASON MORTENSEN	DIRECTOR	2.00	Director	$0	$0	$0
BRENT MUHLENBERG	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTOPHER MULLOY	DIRECTOR	2.00	Director	$0	$0	$0
MELL PETERSEN	DIRECTOR	2.00	Director	$0	$0	$0
RICH PETTINARI	DIRECTOR	2.00	Director	$0	$0	$0
VIOLET RICHARDS	DIRECTOR	2.00	Director	$0	$0	$0
KAREN RILEY	DIRECTOR	2.00	Director	$0	$0	$0
TY ROGERS	DIRECTOR	2.00	Director	$0	$0	$0
MELISSA ROSENTHAL	DIRECTOR	2.00	Director	$0	$0	$0
COLLEEN SCHAAR	DIRECTOR	2.00	Director	$0	$0	$0
SARAH SCHMIDT	DIRECTOR	2.00	Director	$0	$0	$0
MARK SCOTT	DIRECTOR	2.00	Director	$0	$0	$0
CHELSEA SIDENER MITCHELL	DIRECTOR	2.00	Director	$0	$0	$0
DELLICE STEADMAN	DIRECTOR	2.00	Director	$0	$0	$0
GREG TORVINEN	DIRECTOR	2.00	Director	$0	$0	$0
SUE WARD	DIRECTOR	2.00	Director	$0	$0	$0
JASON WARREN	DIRECTOR	2.00	Director	$0	$0	$0
ALEX BYBEE	DIRECTOR	2.00	Director	$0	$0	$0
DAVE DEPAOLI	DIRECTOR	2.00	Director	$0	$0	$0
PAUL GORDON	DIRECTOR	2.00	Director	$0	$0	$0
MARJORIE SWIATEK	DIRECTOR	2.00	Director	$0	$0	$0
NICK WEBER	DIRECTOR	2.00	Director	$0	$0	$0
GEORGE COMBS	GENERAL MANAGER	40.00	Officer	$120,565	$40,829	$161,394

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	$8,458,485	$6,827,743	$11,654,612	$1,630,742
2024	$6,313,462	$6,428,523	$9,923,112	$-115,061
2023	$7,759,214	$6,079,089	$9,757,077	$1,680,125
2022	$7,368,755	$6,383,432	$7,920,055	$985,323
2021	$7,267,043	$6,374,673	$7,682,424	$892,370
2020	$238,324	$1,332,048	$5,946,349	$-1,093,724
2019	$7,800,235	$6,188,922	$7,505,625	$1,611,313