Foothills Youth Rodeo Association
Foothills Youth Rodeo Association consistently operates near break-even with no officer compensation and zero liabilities.
EIN: 204733028 · Spartanburg, SC · NTEE: O52 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $103K |
| Total Expenses | $261K |
| Program Spending | 90% |
| Net Assets | $15K |
| Transparency Score | 85/100 |
Is Foothills Youth Rodeo Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foothills Youth Rodeo Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foothills Youth Rodeo Association
Foothills Youth Rodeo Association (EIN: 204733028) is a nonprofit organization based in Spartanburg, SC, classified under NTEE code O52. The organization reported total revenue of $103K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foothills Youth Rodeo Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foothills Youth Rodeo Association is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $255K |
| Total Expenses | $261K |
| Surplus / Deficit | $-5,707 |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | -2.2% |
| Months of Reserves | 0.7 months |
Financial Health Grade: C
In 2024, Foothills Youth Rodeo Association reported a deficit of $6K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2012–2024), Foothills Youth Rodeo Association's revenue has grown at a compound annual growth rate (CAGR) of 9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -28.4% | -29.3% | -28.0% |
| 2023 | +25.5% | +42.8% | -37.9% |
| 2022 | +42.8% | +26.7% | +361.3% |
| 2021 | +21.6% | +32.3% | -41.3% |
| 2020 | +32.0% | +13.6% | +358.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Foothills Youth Rodeo Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Foothills Youth Rodeo Association allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating a volunteer-led structure where no executive salaries are paid, which is highly efficient for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Foothills Youth Rodeo Association's IRS 990 filings:
- Operating at a slight deficit in recent years (e.g., 202402, 202302, 202102, 201902, 201702, 201602) could indicate reliance on prior reserves or future revenue to cover shortfalls, though liabilities remain zero.
Strengths
The following positive indicators were identified for Foothills Youth Rodeo Association:
- Consistent reporting of 0% officer compensation across all filings, indicating a volunteer-driven model.
- Zero liabilities reported in all available filings, demonstrating strong financial health and no debt.
- Consistent annual IRS 990 filings over 13 periods, indicating strong transparency and compliance.
- Lean operational model with minimal assets, suggesting resources are primarily directed to programs.
- Ability to manage operations with fluctuating revenues while maintaining financial stability.
Frequently Asked Questions about Foothills Youth Rodeo Association
Is Foothills Youth Rodeo Association a legitimate charity?
Foothills Youth Rodeo Association (EIN: 204733028) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $103K. 1 red flag identified. 5 strengths noted. Financial health grade: C.
How does Foothills Youth Rodeo Association spend its money?
Foothills Youth Rodeo Association directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Foothills Youth Rodeo Association tax-deductible?
Foothills Youth Rodeo Association is registered as a tax-exempt nonprofit (EIN: 204733028). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Foothills Youth Rodeo Association's spending goes to programs?
Foothills Youth Rodeo Association directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Foothills Youth Rodeo Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Foothills Youth Rodeo Association is above average for NTEE category O52 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Foothills Youth Rodeo Association located?
Foothills Youth Rodeo Association is headquartered in Spartanburg, South Carolina and files with the IRS under EIN 204733028. It is classified under NTEE code O52.
How many years of IRS 990 filings does Foothills Youth Rodeo Association have?
Foothills Youth Rodeo Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $103K in total revenue.
Is Foothills Youth Rodeo Association a good charity?
Based on the provided financial data, Foothills Youth Rodeo Association appears to be a well-managed and efficient organization. It consistently operates with zero liabilities and no officer compensation, directing resources towards its mission.
How does the organization manage its finances given fluctuating revenues?
The organization manages its finances by generally operating near break-even, with expenses closely tracking revenues. For example, in 202402, revenues were $254,866 and expenses were $260,573, showing tight financial control.
What is the trend in the organization's assets?
The organization's assets have fluctuated, reaching a high of $32,744 in 202202 and currently standing at $14,639. This indicates a lean operational model rather than significant asset accumulation.
Filing History
IRS 990 filing history for Foothills Youth Rodeo Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Foothills Youth Rodeo Association's revenue has grown by 189.1%, moving from $88K to $255K. Total assets increased by 2012.4% over the same period, from $693 to $15K. Total functional expenses rose by 157.5%, from $101K to $261K. In its most recent filing year (2024), Foothills Youth Rodeo Association reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $255K | $261K | $15K | $0 | — | — |
| 2023 | $356K | $368K | $20K | $0 | — | View 990 |
| 2022 | $284K | $258K | $33K | $0 | — | View 990 |
| 2021 | $199K | $204K | $7K | $0 | — | — |
| 2020 | $163K | $154K | $12K | $0 | — | View 990 |
| 2019 | $124K | $136K | $3K | $0 | — | View 990 |
| 2018 | $132K | $120K | $14K | $0 | — | View 990 |
| 2017 | $124K | $131K | $3K | $0 | — | View 990 |
| 2016 | $119K | $121K | $9K | $0 | — | View 990 |
| 2015 | $124K | $117K | $12K | $0 | — | View 990 |
| 2014 | $110K | $107K | $6K | $0 | — | View 990 |
| 2013 | $112K | $110K | $3K | $0 | — | View 990 |
| 2012 | $88K | $101K | $693 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $255K, expenses of $261K, and assets of $15K (revenue -28.4% year-over-year).
- 2023: Revenue of $356K, expenses of $368K, and assets of $20K (revenue +25.5% year-over-year).
- 2022: Revenue of $284K, expenses of $258K, and assets of $33K (revenue +42.8% year-over-year).
- 2021: Revenue of $199K, expenses of $204K, and assets of $7K (revenue +21.6% year-over-year).
- 2020: Revenue of $163K, expenses of $154K, and assets of $12K (revenue +32.0% year-over-year).
- 2019: Revenue of $124K, expenses of $136K, and assets of $3K (revenue -6.3% year-over-year).
- 2018: Revenue of $132K, expenses of $120K, and assets of $14K (revenue +6.5% year-over-year).
- 2017: Revenue of $124K, expenses of $131K, and assets of $3K (revenue +4.7% year-over-year).
- 2016: Revenue of $119K, expenses of $121K, and assets of $9K (revenue -4.0% year-over-year).
- 2015: Revenue of $124K, expenses of $117K, and assets of $12K (revenue +12.3% year-over-year).
- 2014: Revenue of $110K, expenses of $107K, and assets of $6K (revenue -1.8% year-over-year).
- 2013: Revenue of $112K, expenses of $110K, and assets of $3K (revenue +27.0% year-over-year).
- 2012: Revenue of $88K, expenses of $101K, and assets of $693.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foothills Youth Rodeo Association:
Data Sources and Methodology
This transparency report for Foothills Youth Rodeo Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.