Overview
What is Los Fresnos Rodeo Committee Inc?
Los Fresnos Rodeo Committee Inc is a nonprofit organization situated in LOS FRESNOS, Texas. Their primary mission is to organize an annual rodeo event, which aims to benefit the wider Rio Grande Valley community and specifically the residents of Los Fresnos, Texas. Beyond this annual event, they also offer scholarships to high school students within their community as part of their wider endeavors.
Official website here: www.lfrodeo.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
The Los Fresnos Rodeo Committee Inc has received a score of 69%, which reflects a Two-Star rating. This rating indicates that while the organization has strengths, there are significant areas for improvement, particularly in financial transparency and governance policies. The organization boasts a fully independent board and has a strong program expense ratio of 98.88%, suggesting that a majority of its funds are used effectively for its programs.
However, the organization struggles with various accountability and finance metrics. Notably, it scored zero points for its financial statements and lacks key governance policies, such as a conflict of interest policy and a whistleblower policy. Additionally, the absence of its tax form on its website may impede transparency and public trust.
In summary, while the Los Fresnos Rodeo Committee Inc demonstrates solid programmatic focus and independent governance, it faces critical challenges regarding financial reporting and organizational policies that need to be addressed to enhance accountability and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Los Fresnos Rodeo Committee Inc?
96% of 699 reviewers on Facebook recommend Los Fresnos Rodeo Committee Inc. Here is a summary of their reviews:
Many attendees express enthusiasm for the event, highlighting the overall organization and quality of talent showcased at the rodeo. Visitors appreciate the well-structured experience and find it to be an enjoyable outing. While some mention that the bleacher seating can be a bit cramped, this does not seem to significantly detract from their overall enjoyment of the event.
Overall, individuals have a positive impression of the rodeo, indicating it delivers a fun and entertaining experience that keeps them coming back. The enthusiasm for the event demonstrates a solid reputation within the community and among visitors.
This AI summary has been generated from reviews found on Facebook.
Is Los Fresnos Rodeo Committee Inc legitimate?
Los Fresnos Rodeo Committee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Fresnos Rodeo Committee Inc 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
Official website here: www.lfrodeo.com
What is the mission statement of Los Fresnos Rodeo Committee Inc?
The Los Fresnos Rodeo Committee Inc. annually organizes a rodeo event with the primary objective of benefiting the Rio Grande Valley and the Los Fresnos, Texas community. Beyond the annual rodeo, the committee also extends its efforts by providing scholarships to high school students. Their mission, in essence, is to contribute positively to their community through these activities.
Official website here: www.lfrodeo.com
Who is the CEO of Los Fresnos Rodeo Committee Inc?
Jesse Breedlove is the Chairman of Los Fresnos Rodeo Committee Inc.
Official website here: www.lfrodeo.com
What is the revenue of Los Fresnos Rodeo Committee Inc?
Los Fresnos Rodeo Committee Inc's revenue in 2023 was $765,159.
Official website here: www.lfrodeo.com
Who are the executives of Los Fresnos Rodeo Committee Inc and what are their salaries?
There 200 volunteers at Los Fresnos Rodeo Committee Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.lfrodeo.com
Where can I find the form 990 for Los Fresnos Rodeo Committee Inc?
Los Fresnos Rodeo Committee Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lfrodeo.com
Learn more at the official website: www.lfrodeo.com
Mission Statement of Los Fresnos Rodeo Committee Inc
Los Fresnos Rodeo Committee Inc is an organization that annually hosts a rodeo event to benefit the Rio Grande Valley and the community of Los Fresnos, Texas. At its core, the committee's mission is to organize this annual event, which serves as a source of entertainment and community bonding. Beyond the rodeo, the Los Fresnos Rodeo Committee is also committed to supporting local high school students by offering scholarships. This initiative aims to contribute to the educational growth and future success of the younger generation within the community. The rodeo and the scholarship program are two significant aspects of the Los Fresnos Rodeo Committee Inc's endeavors, demonstrating its dedication to both community engagement and youth empowerment.
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Impact
July, 2024
The Los Fresnos Rodeo Committee Inc's impact can be seen in its commitment to the community of Los Fresnos, Texas, and the Rio Grande Valley through its annual rodeo event. The organization not only provides a recreational event for the local residents but also works towards supporting the community by offering scholarships to high school students. By organizing this annual rodeo, the committee contributes to the cultural and social fabric of the area while also investing in the education and future of its youth.
This information is meant to be a general summary of Los Fresnos Rodeo Committee Inc. 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 2023.
- Investment Income: $537
- Program Service Revenue: $469,026
- Gross Receipts: $765,159
Assets and Liabilities:
- Total Assets: $799,560
- Total Liabilities: $30,595
- Net Assets: $768,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RODEO INCOME
Revenue
$469,026
Organization Details
Founding Year
1989
Principal Officer
Jesse Breedlove
Main Address
PO BOX 103, LOS FRESNOS, TX, 78566
Website
www.lfrodeo.comNTEE Category
Code: N69 - Recreation
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