U S Championship Rodeo Foundation
U S Championship Rodeo Foundation consistently operates at a deficit, drawing down assets.
EIN: 141754214 · Henderson, NV · NTEE: T99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $30K |
| Program Spending | 60% |
| Net Assets | $124K |
| Transparency Score | 45/100 |
Is U S Championship Rodeo Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
U S Championship Rodeo Foundation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About U S Championship Rodeo Foundation
U S Championship Rodeo Foundation (EIN: 141754214) is a nonprofit organization based in Henderson, NV, classified under NTEE code T99Z. The organization reported total revenue of $20K and total assets of $105K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of U S Championship Rodeo Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
U S Championship Rodeo Foundation is a micro nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2012–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $30K |
| Surplus / Deficit | $-14,235 |
| Total Assets | $124K |
| Net Assets | $124K |
| Operating Margin | -91.3% |
| Months of Reserves | 50.0 months |
Financial Health Grade: B
In 2024, U S Championship Rodeo Foundation reported a deficit of $14K with expenses exceeding revenue, holds 50.0 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +142.9% | -17.3% | -6.5% |
| 2023 | -29.0% | +32.8% | -23.1% |
| 2022 | +202.6% | +1219.2% | -2.8% |
| 2021 | -89.7% | -89.5% | +44.0% |
| 2020 | +193.2% | -24.3% | -12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 U S Championship Rodeo Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, U S Championship Rodeo Foundation allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officer salaries are paid, which is a strong positive for transparency and cost control.
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 U S Championship Rodeo Foundation's IRS 990 filings:
- Consistent operational deficits (e.g., $29,823 expenses vs. $15,588 revenue in 202403)
- Declining asset base over time (from $203,811 in 201503 to $104,754 currently)
- Revenue volatility and negative revenue in some periods (e.g., $-1,836 in 201703, $-31,818 in 201603)
- Expenses significantly higher than revenue in most recent periods (e.g., 202403, 202303, 202203)
Strengths
The following positive indicators were identified for U S Championship Rodeo Foundation:
- Zero reported liabilities across all filings, indicating no outstanding debt.
- No officer compensation reported, demonstrating good cost control at the executive level and transparency.
- Long filing history (13 filings) indicates consistent reporting to the IRS.
Frequently Asked Questions about U S Championship Rodeo Foundation
Is U S Championship Rodeo Foundation a legitimate charity?
U S Championship Rodeo Foundation (EIN: 141754214) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $20K. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does U S Championship Rodeo Foundation spend its money?
U S Championship Rodeo Foundation directs 60% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.
Are donations to U S Championship Rodeo Foundation tax-deductible?
U S Championship Rodeo Foundation is registered as a tax-exempt nonprofit (EIN: 141754214). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of U S Championship Rodeo Foundation's spending goes to programs?
U S Championship Rodeo Foundation directs 60% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does U S Championship Rodeo Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), U S Championship Rodeo Foundation is near average for NTEE category T99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is U S Championship Rodeo Foundation located?
U S Championship Rodeo Foundation is headquartered in Henderson, Nevada and files with the IRS under EIN 141754214. It is classified under NTEE code T99Z.
How many years of IRS 990 filings does U S Championship Rodeo Foundation have?
U S Championship Rodeo Foundation 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 $20K in total revenue.
Is U S Championship Rodeo Foundation financially sustainable?
Based on the consistent operational deficits where expenses significantly exceed revenue (e.g., $29,823 expenses vs. $15,588 revenue in 202403), the organization's current financial model appears unsustainable in the long term without significant changes to revenue generation or expense management.
Why are assets declining?
Assets have declined from $203,811 in 201503 to $104,754 currently, largely due to the organization consistently spending more than it earns, effectively using its accumulated assets to cover operational shortfalls.
What is the primary cause of the operational deficits?
The primary cause of the operational deficits is that expenses consistently outpace revenue. For instance, in 202303, expenses were $36,049 while revenue was only $6,418, indicating a substantial gap that is not being covered by incoming funds.
How does the organization plan to address its financial challenges?
The provided data does not include information on the organization's strategies to address its financial challenges, such as increasing revenue or reducing expenses. This would require further inquiry into their operational plans.
Filing History
IRS 990 filing history for U S Championship Rodeo Foundation showing financial trends over 13 years of public records:
Total assets decreased by 42% over the same period, from $214K to $124K. Total functional expenses rose by 199.9%, from $10K to $30K. In its most recent filing year (2024), U S Championship Rodeo Foundation reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $16K | $30K | $124K | $0 | — | — |
| 2023 | $6K | $36K | $133K | $0 | — | View 990 |
| 2022 | $9K | $27K | $173K | $0 | — | — |
| 2021 | $3K | $2K | $178K | $0 | — | — |
| 2020 | $29K | $20K | $123K | $0 | — | View 990 |
| 2019 | $10K | $26K | $141K | $0 | — | View 990 |
| 2018 | $26K | $24K | $154K | $0 | — | View 990 |
| 2017 | $-1,836 | $17K | $149K | $0 | — | View 990 |
| 2016 | $-31,818 | $9K | $156K | $0 | — | View 990 |
| 2015 | $-164 | $8K | $204K | $0 | — | View 990 |
| 2014 | $-15,411 | $8K | $210K | $0 | — | View 990 |
| 2013 | $8K | $8K | $221K | $0 | — | View 990 |
| 2012 | $-11,018 | $10K | $214K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $16K, expenses of $30K, and assets of $124K (revenue +142.9% year-over-year).
- 2023: Revenue of $6K, expenses of $36K, and assets of $133K (revenue -29.0% year-over-year).
- 2022: Revenue of $9K, expenses of $27K, and assets of $173K (revenue +202.6% year-over-year).
- 2021: Revenue of $3K, expenses of $2K, and assets of $178K (revenue -89.7% year-over-year).
- 2020: Revenue of $29K, expenses of $20K, and assets of $123K (revenue +193.2% year-over-year).
- 2019: Revenue of $10K, expenses of $26K, and assets of $141K (revenue -61.6% year-over-year).
- 2018: Revenue of $26K, expenses of $24K, and assets of $154K.
- 2017: Revenue of $-1,836, expenses of $17K, and assets of $149K.
- 2016: Revenue of $-31,818, expenses of $9K, and assets of $156K.
- 2015: Revenue of $-164, expenses of $8K, and assets of $204K.
- 2014: Revenue of $-15,411, expenses of $8K, and assets of $210K (revenue -281.9% year-over-year).
- 2013: Revenue of $8K, expenses of $8K, and assets of $221K.
- 2012: Revenue of $-11,018, expenses of $10K, and assets of $214K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for U S Championship Rodeo Foundation:
Data Sources and Methodology
This transparency report for U S Championship Rodeo Foundation 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.