NEVADA STATE HIGH SCHOOL RODEO ASSOCIATION INC
Mission Statement
The purpose of the Las Vegas High School and Junior High Rodeo Team is: - Encourage youth to graduate from high school and be prepared for higher education; - Encourage participation in the National High School Rodeo Association; - Promote the sport of rodeo in Las Vegas; - Help develop strong leadership skills in the youth membership; - Maintain an environment of good sportsmanship and fellowship with youth who are interested in our western heritage; and - Promote and produce an annual High School Rodeo in the Las Vegas area in accordance with the rules of the Nevada State and National High School Rodeo Association
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
100.0% | 88.7% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 8.8% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 1.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
13.9 mo | 9.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.5% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
55.4% | 90.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-4.6% | 8.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-7.0% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
17.3% | 2.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $381K | $315K | $364K | 100.0% | 0 |
| 2022 | $399K | $339K | $296K | 0.0% | 0 |
| 2021 | $371K | $299K | N/A | — | 0 |
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