Overview
What is Indian National Finals Rodeo?
The Indian National Finals Rodeo is a nonprofit organization situated in Browning, Montana. Its primary focus is to offer a competitive rodeo setting for Native American participants. Beyond this, the organization aims to provide scholarships and educational assistance funds for Native American youth and students. Furthermore, they engage in activities and programs that promote education, charity, and athletics, as defined under Section 501(C)(3) of the United States Internal Revenue Code. Their mission includes fostering the advancement of professional Indian rodeo, strengthening families, youth, and communities through positive role modeling, educational opportunities, competition, culture, and tradition. With a dedicated team of six individuals, the Indian National Finals Rodeo strives to preserve and celebrate Native American culture in a competitive and educational context.
Official website here: www.infr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69% overall score)
The Indian National Finals Rodeo has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its organizational practices and transparency. While the organization boasts a strong program expense ratio of 92.90%, suggesting that a significant majority of its funds are directed towards its programs, it falls short in several critical areas of accountability and finance, such as missing financial statements and key governance policies.
Strengths include a fully independent board, which is an essential factor in ensuring unbiased oversight and decision-making. The organization has also demonstrated no material diversion of assets, and its liabilities to assets ratio shows a healthy financial balance. However, the absence of important policies, such as a conflict of interest policy and whistleblower protections, raises concerns about governance practices and internal controls.
The lack of publicly accessible financial statements and essential documents on the nonprofit's website also hinders transparency. This can impact donor trust and the organization’s reputation. Addressing these limitations could enhance the Indian National Finals Rodeo's overall rating and foster increased support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Indian National Finals Rodeo legitimate?
Indian National Finals Rodeo is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indian National Finals Rodeo 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: $123,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,474
For more financial information, click here
Official website here: www.infr.org
What is the mission statement of Indian National Finals Rodeo?
The Indian National Finals Rodeo's mission is focused on providing educational assistance funds for Indian youth and students, as well as organizing activities and programs with educational, charitable, and athletic purposes. Additionally, the organization aims to advance professional Indian rodeo by empowering families, youth, and communities through positive role modeling, educational opportunities, competition, culture, and tradition. They create a competitive rodeo environment for Native American participants.
Official website here: www.infr.org
Who is the CEO of Indian National Finals Rodeo?
Michael Bo Vocu is the President of Indian National Finals Rodeo.
Official website here: www.infr.org
What is the revenue of Indian National Finals Rodeo?
Indian National Finals Rodeo's revenue in 2022 was $1,565,502.
Official website here: www.infr.org
Who are the executives of Indian National Finals Rodeo and what are their salaries?
The average compensation at Indian National Finals Rodeo during 2022 was $47,598. There are 6 employees at Indian National Finals Rodeo.
Here are 8 key members and their salaries:
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- Compensation: $123,114
- Related: $0
- Other: $0
Official website here: www.infr.org
Where can I find the form 990 for Indian National Finals Rodeo?
Indian National Finals Rodeo's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.infr.org
Learn more at the official website: www.infr.org
Mission Statement of Indian National Finals Rodeo
The Indian National Finals Rodeo, as a nonprofit organization, is committed to empowering families, youth, and communities through positive role modeling, educational opportunities, competition, culture, and tradition. Its mission is to advance professional rodeo among Native American participants by providing a competitive environment, thereby promoting and preserving this tradition. The Indian National Finals Rodeo strives to offer scholarships and educational assistance funds to Indian youth and students, aligning with the definitions of educational, charitable, and athletic purposes under Section 501(C)(3) of the United States Internal Revenue Code.
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Impact
July, 2024
The Indian National Finals Rodeo's impact is significant in providing a competitive rodeo environment for Native American participants. By empowering families, youth, and communities through positive role modeling, educational opportunities, competition, culture, and tradition, the organization plays a key role in preserving and promoting the advancement of professional Indian rodeo. Through its activities and programs, the INFR contributes to the development and support of Indian youth and students by providing scholarships and educational assistance funds. Additionally, by organizing events for educational, charitable, and athletic purposes, the INFR fosters a sense of community and pride among its participants and supporters.
This information is meant to be a general summary of Indian National Finals Rodeo. 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.
- Investment Income: $297
- Program Service Revenue: $867,441
- Gross Receipts: $1,565,502
Assets and Liabilities:
- Total Assets: $573,158
- Total Liabilities: $5,956
- Net Assets: $567,202
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT REVENUE
Revenue
$718,804
MISC INCOME
Revenue
$148,637
Organization Details
Founding Year
1987
Phone
(406) 338-7684Principal Officer
Michael Bo Vocu
Main Address
PO BOX 508, BROWNING, MT, 59417
Website
www.infr.orgNTEE Category
Code: N70 - Recreation
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