Glasgow Rodeo Committee
Glasgow Rodeo Committee consistently operates with zero liabilities and no officer compensation, reinvesting revenue into events.
EIN: 208450078 · Glasgow, MT · NTEE: N52 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $167K |
| Total Expenses | $154K |
| Program Spending | 90% |
| Net Assets | $21K |
| Transparency Score | 85/100 |
Is Glasgow Rodeo Committee Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Glasgow Rodeo Committee directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Glasgow Rodeo Committee
Glasgow Rodeo Committee (EIN: 208450078) is a nonprofit organization based in Glasgow, MT, classified under NTEE code N52. The organization reported total revenue of $167K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glasgow Rodeo Committee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glasgow Rodeo Committee is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $172K |
| Total Expenses | $154K |
| Surplus / Deficit | +$17K |
| Total Assets | $21K |
| Net Assets | $21K |
| Operating Margin | 10.1% |
| Months of Reserves | 1.6 months |
Financial Health Grade: A
In 2023, Glasgow Rodeo Committee reported a surplus of $17K with revenue exceeding expenses, holds 1.6 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Glasgow Rodeo Committee's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.2% | -6.1% | +471.8% |
| 2021 | -100.0% | -100.0% | -100.0% |
| 2020 | +22.3% | -16.7% | +150.3% |
| 2019 | -25.8% | -6.4% | -33.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Glasgow Rodeo Committee 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, Glasgow Rodeo Committee 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
Executive Compensation Analysis
The Glasgow Rodeo Committee consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and receives no financial remuneration, which is highly efficient for a nonprofit of its 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 Glasgow Rodeo Committee's IRS 990 filings:
- Significant revenue and expense fluctuation year-to-year, such as $0 in 2021, could indicate vulnerability to external factors.
Strengths
The following positive indicators were identified for Glasgow Rodeo Committee:
- Consistent reporting of zero liabilities, indicating strong fiscal management and no debt.
- 0% officer compensation across all filings, demonstrating volunteer-driven leadership and high efficiency.
- Expenses generally align closely with revenues, suggesting efficient use of funds directly for program activities.
- Steady revenue growth over the past decade, from $72,274 in 2015 to $171,680 in 2023, indicates increasing community support.
Frequently Asked Questions about Glasgow Rodeo Committee
Is Glasgow Rodeo Committee a legitimate charity?
Glasgow Rodeo Committee (EIN: 208450078) is a registered tax-exempt nonprofit based in Montana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $167K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Glasgow Rodeo Committee spend its money?
Glasgow Rodeo Committee directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Glasgow Rodeo Committee tax-deductible?
Glasgow Rodeo Committee is registered as a tax-exempt nonprofit (EIN: 208450078). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Glasgow Rodeo Committee's spending goes to programs?
Glasgow Rodeo Committee directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Glasgow Rodeo Committee compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Glasgow Rodeo Committee is above average for NTEE category N52 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Glasgow Rodeo Committee located?
Glasgow Rodeo Committee is headquartered in Glasgow, Montana and files with the IRS under EIN 208450078. It is classified under NTEE code N52.
How many years of IRS 990 filings does Glasgow Rodeo Committee have?
Glasgow Rodeo Committee 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 $167K in total revenue.
How does the Glasgow Rodeo Committee manage to operate with zero liabilities consistently?
The consistent reporting of zero liabilities across all filings suggests a strong cash-based operational model, where expenses are likely paid as they are incurred, or events are structured to avoid debt accumulation.
What caused the $0 revenue and expenses in 2021?
The $0 revenue and expenses in 2021 could indicate a year where the rodeo event was cancelled or significantly scaled back, possibly due to external factors like the COVID-19 pandemic, leading to no financial activity to report for that period.
How does the committee ensure its financial sustainability with minimal assets?
With assets generally ranging from $1 to $39,891 and often being relatively low compared to annual revenue, the committee likely relies on consistent annual fundraising and event ticket sales to cover operational costs, rather than drawing from substantial reserves.
Filing History
IRS 990 filing history for Glasgow Rodeo Committee showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Glasgow Rodeo Committee's revenue has grown by 174.3%, moving from $63K to $172K. Total assets increased by 172.1% over the same period, from $8K to $21K. Total functional expenses rose by 166.7%, from $58K to $154K. In its most recent filing year (2023), Glasgow Rodeo Committee reported a surplus of $17K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $172K | $154K | $21K | $0 | — | — |
| 2022 | $153K | $164K | $4K | $0 | — | View 990 |
| 2021 | $0 | $0 | $1 | $0 | — | View 990 |
| 2020 | $96K | $72K | $40K | $0 | — | — |
| 2019 | $79K | $87K | $16K | $0 | — | View 990 |
| 2018 | $106K | $93K | $24K | $0 | — | View 990 |
| 2017 | $122K | $129K | $11K | $0 | — | View 990 |
| 2016 | $119K | $116K | $18K | $0 | — | View 990 |
| 2015 | $72K | $75K | $15K | $0 | — | View 990 |
| 2014 | $87K | $83K | $18K | $0 | — | View 990 |
| 2013 | $90K | $80K | $15K | $0 | — | View 990 |
| 2012 | $73K | $76K | $5K | $0 | — | View 990 |
| 2011 | $63K | $58K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $172K, expenses of $154K, and assets of $21K (revenue +12.2% year-over-year).
- 2022: Revenue of $153K, expenses of $164K, and assets of $4K.
- 2021: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2020: Revenue of $96K, expenses of $72K, and assets of $40K (revenue +22.3% year-over-year).
- 2019: Revenue of $79K, expenses of $87K, and assets of $16K (revenue -25.8% year-over-year).
- 2018: Revenue of $106K, expenses of $93K, and assets of $24K (revenue -13.4% year-over-year).
- 2017: Revenue of $122K, expenses of $129K, and assets of $11K (revenue +2.8% year-over-year).
- 2016: Revenue of $119K, expenses of $116K, and assets of $18K (revenue +64.5% year-over-year).
- 2015: Revenue of $72K, expenses of $75K, and assets of $15K (revenue -16.5% year-over-year).
- 2014: Revenue of $87K, expenses of $83K, and assets of $18K (revenue -3.8% year-over-year).
- 2013: Revenue of $90K, expenses of $80K, and assets of $15K (revenue +22.7% year-over-year).
- 2012: Revenue of $73K, expenses of $76K, and assets of $5K (revenue +17.2% year-over-year).
- 2011: Revenue of $63K, expenses of $58K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glasgow Rodeo Committee:
Data Sources and Methodology
This transparency report for Glasgow Rodeo Committee 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.