Little Wranglers Junior Rodeo Association
Little Wranglers Junior Rodeo Association faces declining assets due to consistent operating deficits, despite zero officer compensation.
EIN: 201757371 · Portales, NM · NTEE: O50 · Updated: 2026-03-28
Is Little Wranglers Junior Rodeo Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Little Wranglers Junior Rodeo Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Little Wranglers Junior Rodeo Association
Little Wranglers Junior Rodeo Association (EIN: 201757371) is a nonprofit organization based in Portales, NM, classified under NTEE code O50. The organization reported total revenue of $70K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Wranglers Junior Rodeo Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Little Wranglers Junior Rodeo Association with a Mission Score of 70 out of 100 (Good). 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, Little Wranglers Junior 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.
Executive Compensation Analysis
Executive compensation is 0% of expenses across all reported periods, indicating a volunteer-led organization with no paid officers, which is highly efficient for an organization 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 Little Wranglers Junior Rodeo Association's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) across all reported periods.
- Significant decline in assets over the past three years, from $23,478 in 2016 to $8,179 currently.
Strengths
The following positive indicators were identified for Little Wranglers Junior Rodeo Association:
- Zero officer compensation, indicating a volunteer-driven and highly efficient leadership.
- No reported liabilities, demonstrating responsible debt management.
- Strong program focus, with a high percentage of spending likely directed towards its mission.
Frequently Asked Questions about Little Wranglers Junior Rodeo Association
Is Little Wranglers Junior Rodeo Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Little Wranglers Junior Rodeo Association (EIN: 201757371) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Little Wranglers Junior Rodeo Association spend its money?
Little Wranglers Junior Rodeo Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Little Wranglers Junior Rodeo Association tax-deductible?
Little Wranglers Junior Rodeo Association is registered as a tax-exempt nonprofit (EIN: 201757371). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Little Wranglers Junior Rodeo Association financially sustainable?
The organization has consistently spent more than its revenue in the reported periods, leading to a decline in assets from $23,478 in 2016 to $8,179 currently. This trend suggests potential long-term sustainability challenges if not addressed through increased revenue or reduced expenses.
How does Little Wranglers Junior Rodeo Association manage its administrative costs?
With no reported officer compensation and a lean operational structure, the organization appears to manage administrative costs very efficiently, likely relying heavily on volunteer efforts.
What is the trend in the organization's assets?
Assets have steadily declined from $23,478 in 2016 to $14,058 in 2017, $12,147 in 2018, and currently stand at $8,179, indicating a draw-down on reserves.
Filing History
IRS 990 filing history for Little Wranglers Junior Rodeo Association showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2016–2018), Little Wranglers Junior Rodeo Association's revenue has declined by 18.3%, moving from $37K to $30K. Total assets decreased by 48.3% over the same period, from $23K to $12K. Total functional expenses fell by 29%, from $45K to $32K. In its most recent filing year (2018), Little Wranglers Junior Rodeo Association reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2018 | $30K | $32K | $12K | $0 | — | View 990 |
| 2017 | $33K | $40K | $14K | $0 | — | View 990 |
| 2016 | $37K | $45K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $30K, expenses of $32K, and assets of $12K (revenue -7.9% year-over-year).
- 2017: Revenue of $33K, expenses of $40K, and assets of $14K (revenue -11.3% year-over-year).
- 2016: Revenue of $37K, expenses of $45K, and assets of $23K.
Data Sources and Methodology
This transparency report for Little Wranglers Junior 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.