Overview
What is Darby Rodeo Association?
The Darby Rodeo Association is a nonprofit organization that actively engages in fundraising efforts for cancer research and support. They accomplish this by organizing stage rodeos within their local community. The association is committed to ensuring that all the proceeds generated from these events are channeled directly towards the cancer cause, making a significant contribution in the fight against this disease.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating
The Darby Rodeo Association has received a two-star rating from Charity Navigator, indicating a moderate level of performance in financial health and accountability. The organization demonstrates solid accountability practices, with all board members being independent, ensuring unbiased governance. Additionally, it has a strong program expense ratio of 92.55%, which suggests that a significant portion of expenses is dedicated to its programming rather than administrative costs.
Strengths noted in the assessment include a favorable liabilities to assets ratio of 9.32%, indicating good financial stability, and the consistent documentation of board meeting minutes, which reflects transparency. The organization has not shown any material diversion of assets, further reinforcing its commitment to proper management of resources.
However, despite these strengths, the overall score of 67% suggests there may be areas needing improvement. While the high percentage of independent board members is commendable, stakeholders may look for enhanced performance in other financial metrics or operational practices to elevate the organization's rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Darby Rodeo Association legitimate?
Darby Rodeo Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Darby Rodeo Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Darby Rodeo Association?
The Darby Rodeo Association supports a noble cause by channeling funds raised through local rodeo events towards cancer research and treatment. The organization's mission is to organize and manage these rodeos, ensuring that all proceeds directly contribute to the fight against cancer. By engaging the community in these events, the Darby Rodeo Association aims to increase awareness about cancer while providing a source of financial support for ongoing research and care. The association's efforts serve as a testament to its commitment to making a difference in the lives of those affected by cancer.
Who is the CEO of Darby Rodeo Association?
Loyd Rennaker is the Treasurer of Darby Rodeo Association.
What is the revenue of Darby Rodeo Association?
Darby Rodeo Association's revenue in 2022 was $747,025.
Who are the executives of Darby Rodeo Association and what are their salaries?
There 10 volunteers at Darby Rodeo Association.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Darby Rodeo Association?
Darby Rodeo Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Darby Rodeo Association
The Darby Rodeo Association, a nonprofit organization, is committed to making a significant contribution towards the fight against cancer. They accomplish this mission by hosting stage rodeos in their local area. This community event is not just an entertainment spectacle but serves a noble purpose, as all the proceeds generated are channeled directly towards supporting the cancer fund. The Darby Rodeo Association's involvement in these rodeos demonstrates their dedication to raising funds and awareness for this critical cause, ultimately aiming to contribute positively to the lives of those affected by cancer.
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Impact
October, 2024
The Darby Rodeo Association plays a significant role in the community by hosting rodeos that generate funds for cancer support. Through these events, they not only bring excitement and entertainment to Darby, Montana but also ensure that all proceeds directly benefit a cancer fund. This commitment to contributing to a vital cause fosters a spirit of togetherness and support among locals, as they rally around an important mission while enjoying the thrill of rodeo activities. By intertwining community engagement with charitable contributions, the Darby Rodeo Association positively impacts the lives of those affected by cancer in the area.
This information is meant to be a general summary of Darby Rodeo Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $747,025
Assets and Liabilities:
- Total Assets: $248,016
- Total Liabilities: $32,209
- Net Assets: $215,807
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Organization Details
Founding Year
2015
Principal Officer
Loyd Rennaker
Main Address
PO BOX 279, DARBY, MT, 59829
NTEE Category
Code: K12 - Food
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