Overview
What is Wiley Hicks Jr Roping Foundation?
Wiley Hicks Jr Roping Foundation is a nonprofit organization situated in Amarillo, Texas. Their primary activity involves organizing periodic roping competitions annually at the Tri-State Expo Fair Grounds. The event, which attracted 943 entrants in 2022, serves as a platform to foster public interest in ranching, agriculture, and western heritage. The foundation's revenues, after accounting for wins and expenses, are donated to a local charity in the Texas Panhandle and Oklahoma, as chosen by their board of directors. Over the past five years, The Hope and Healing Place in Amarillo has been a recipient of these donations, while Cherokee Home for Children has benefited for the last three years.
Is Wiley Hicks Jr Roping Foundation legitimate?
Wiley Hicks Jr Roping Foundation is a legitimate nonprofit organization registered as a 501(c)(5) entity. Wiley Hicks Jr Roping Foundation 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
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What is the mission statement of Wiley Hicks Jr Roping Foundation?
The Wiley Hicks Jr Roping Foundation aims to foster public interest in ranching, agriculture, and Western heritage by organizing periodic roping competitions. These events take place in the Amarillo, Texas area. After covering expenses and awarding prizes, the foundation donates its remaining revenues to a local charity in the Texas Panhandle and Oklahoma, as decided by its board of directors. The primary objective of the organization is to promote these cultural aspects while contributing to the community's welfare.
Who is the CEO of Wiley Hicks Jr Roping Foundation?
James Hicks is the President of Wiley Hicks Jr Roping Foundation.
What is the revenue of Wiley Hicks Jr Roping Foundation?
Wiley Hicks Jr Roping Foundation's revenue in 2022 was $538,264.
Who are the executives of Wiley Hicks Jr Roping Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Wiley Hicks Jr Roping Foundation?
Wiley Hicks Jr Roping Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wiley Hicks Jr Roping Foundation
The Wiley Hicks Jr Roping Foundation, a non-profit organization, is dedicated to fostering public interest in ranching, agriculture, and Western heritage. They achieve this objective by organizing periodic roping competitions in the Amarillo, Texas area. The foundation hosts these events at the Tri-State Expo Fair Grounds, where participants showcase their skills and passion for the Western lifestyle.
Upon conclusion of the competitions, the foundation reviews its earnings, subtracting expenses and winner's payouts. The resulting funds are then donated to a local charity within the Texas Panhandle and Oklahoma, as selected by the organization's Board of Directors. This strategic philanthropy allows the Wiley Hicks Jr Roping Foundation to support deserving causes, furthering its mission to contribute positively to its community and preserve the rich traditions of ranching and agriculture.
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Impact
October, 2024
The Wiley Hicks Jr Roping Foundation significantly contributes to the preservation and promotion of ranching and agricultural Western heritage in the Amarillo, Texas area. By organizing periodic roping competitions at the Tri-State Expo Fair Grounds, it fosters community engagement and interest in traditional Western activities.
In 2022, the foundation proudly recorded 943 entries in its annual roping event, demonstrating strong participation and support from the local community. Beyond its recreational impact, the foundation directs its net profits to local charities, reinforcing its commitment to giving back. Over the past five years, organizations such as The Hope and Healing Place and Cherokee Home for Children have benefited from its charitable donations, addressing critical community needs in the Texas Panhandle.
Through these combined efforts, the Wiley Hicks Jr Roping Foundation not only showcases the excitement of roping competition but also reinforces community ties and supports local charities, highlighting the importance of Western heritage and philanthropy.
This information is meant to be a general summary of Wiley Hicks Jr Roping Foundation. 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.
- Program Service Revenue: $476,789
- Gross Receipts: $538,264
Assets and Liabilities:
- Total Assets: $627
- Total Liabilities: $0
- Net Assets: $627
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROPING EVENT INCOME
Revenue
$476,789
Organization Details
Founding Year
2016
Principal Officer
James Hicks
Main Address
PO BOX 3717, AMARILLO, TX, 79116
NTEE Category
Code: N52 - Recreation
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