2024-07-11T16:15:31-05:00 2023-12-31 STOCKMAN KAST RYAN & CO LLP 102 N CASCADE AVENUE SUITE 400 COLORADO SPRINGS CO 80903 990 2023-01-01 840414922 Professional Rodeo Cowboys Association % PAMELA MCMANUS PROF 7195938840 101 Pro Rodeo Drive Colorado Springs CO 80919 Pamela McManus CFO 7195284734 2024-06-30 true Pamela McManus 999009999 true DOREEN B MERZ P00841439 7196301186 2 2023 2023-04-26 12:10:37Z Pamela McManus 101 Pro Rodeo Drive Colorado Springs CO 80919 23825040 false X www.prorodeo.com X 1954 CO To grow the sport of ProRodeo, to positively impact our communities, and to provide an exceptional experience for our members, fans, and sponsors. 9 9 78 4 0 0 0 0 17415427 17647476 -3291640 -84781 2039180 2262437 16162967 19825132 0 0 0 0 4449606 4849287 0 0 0 9554927 9719292 14004533 14568579 2158434 5256553 24069351 31784012 3385334 5282618 20684017 26501394 X OUR MISSION IS TO GROW THE SPORT OF PRO RODEO, POSITIVELY IMPACT OUR COMMUNITIES, AND PROVIDE AN EXCEPTIONAL EXPERIENCE FOR OUR MEMBERS, FANS, AND SPONSORS. CONTINUED, SEE SCHEDULE O. false false THE ORGANIZATION PROVIDES SEVERAL SERVICES TO ITS MEMBERS: REGISTERING THE CONTESTANT MEMBERS IN RODEO EVENTS, PROVIDING A FAIR AND IMPARTIAL INTERPRETATION OF THE MEMBERSHIP RULE BOOK AND ENFORCING INFRACTIONS, FACILITATING THE ELECTION OF THE BOARD OF DIRECTORS AND RODEO EVENT REPRESENTATIVES AND THE PROPER RECORDING AND TIMELY NOTIFICATION OF MEMBERSHIP PRIZE MONEY STANDINGS IN ORDER TO VALIDATE PARTICIPATION IN REGIONAL AND NATIONAL CHAMPIONSHIPS. JUDGING - THE ORGANIZATION PROVIDES A CERTIFIED MEMBER JUDGING PROGRAM. THESE MEMBER JUDGES OFFICIATE ALL PROFESSIONAL RODEO EVENTS. EXPENSES FOR THE JUDGING PROGRAM INCLUDE: SALARIES CONTRACT JUDGES, TRAVEL AND LODGING. ANIMAL WELFARE - THE ORGANIZATION PROVIDES DIRECT FUNDING TO PROGRAMS THAT PROMOTE THE SPORT OF PROFESSIONAL RODEO, ANIMAL WEFARE, THE RODEO CIRCUIT SYSTEM AND THE AMERICAN WESTERN WAY OF LIFE. false false false true false false false false false true false false false false true false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 588 0 78 true false false false false false false false false X 9 9 false false false false true true true true true false true true false true true true true true true true false AZ CA CO FL ID MO NE NV OK OR TX X PAMELA MCMANUS 7195284734 101 PRO RODEO DRIVE Colorado Springs CO 80919 X Tom Glause CEO 10.0 37.0 X 0 441804 30647 Pamela McManus Chief Financial Officer 40.0 8.0 X 198244 0 12871 Steve Knowles Director of Rodeo Admin 40.0 5.0 X 177167 0 32350 Gordon Knopp Chief Technology Officer 40.0 0.0 X 160135 0 35793 Melodie Spah VP of Information Technology 40.0 0.0 X 123408 0 26337 Matt Reeves Director 10.0 0.0 X 19685 0 0 Troy Pruitt Director 10.0 0.0 X 15972 0 0 Jacobs Crawley CHAIRMAN 10.0 0.0 X X 15000 0 0 Chet Johnson Director 10.0 0.0 X 15000 0 0 Stace Smith DIRECTOR 10.0 0.0 X 9625 0 0 Keith Marrington Director 10.0 0.0 X 0 0 0 Josh Edwards Vice chairman 10.0 0.0 X X 0 0 0 Larry McConnell DIRECTOR 10.0 0.0 X 0 0 0 Cory Wall DIRECTOR 10.0 0.0 X 0 0 0 Steve Gander Vice Chair (to 1/2023) 10.0 0.0 X X 0 0 0 James Miller Director (To 1/2023) 10.0 5.0 X 0 0 0 David Morehead Director (To 1/2023) 10.0 0.0 X 0 0 0 734236 441804 137998 4 false true false CyberLancers LLC PO Box 1113 FIRESTONE CO 805201113 IT Service 646908 Stockman Kast Ryan Co 102 N Cascade Avenue Suite 400 COLORADO SPRINGS CO 80903 Accounting 250808 All in IT 5783 South Telluride Street CENTENNIAL CO 80015 Event Support 228246 Las Vegas Events 770 East Warm Springs Road Ste 160 LAS VEGAS NV 89119 Event Service 137463 Internap Holding LLC PO Box 7410975 CHICAGO IL 60674 IT Service 131707 8 0 MEMBERSHIP DUES 711320 1603976 1603976 NATIONAL FINALS, NFR 711320 1937921 1937921 PROCOM FEES & FINES 711320 3691679 3691679 APPROVALS & PRIZES 711320 3955843 3955843 INSURANCE 711320 2153299 2153299 4304758 4304758 17647476 391476 391476 0 2251437 2251437 11000 11000 0 11000 11000 3523651 0 3553265 446643 -29614 -446643 -476257 -476257 0 0 0 0 0 0 0 0 0 0 19825132 19898913 -73781 0 0 0 0 691843 0 3450364 53162 328192 325726 0 84117 240750 115002 0 49988 2540294 14000 931432 792706 0 357412 965098 0 36089 0 0 549344 2066410 NATIONAL FINALS RODEO 627243 EQUIP RENT & REPAIR /MAIN 184722 BAD DEBT EXPENSE 123452 DUES 33166 8067 14568579 13389598 16967001 0 0 0 0 1762996 4187165 0 0 0 0 0 0 0 0 258454 296422 8595928 6564750 2993436 2031178 1260843 6140035 0 0 921894 921894 0 0 3482130 1240317 24069351 31784012 1908293 3455224 0 0 1477041 1827394 0 0 0 0 0 0 0 0 0 0 0 0 3385334 5282618 X 20684017 26501394 0 0 20684017 26501394 24069351 31784012 5256553 560824 X false true X true false false false false 1603976 115001 0 115001 0 0 115001 92418 92418 1645438 1025629 619809 219587 197803 21784 6638485 5341318 1297167 2031178 0 0 X 18009090 560824 560824 17448266 49988 2326878 2376866 19825132 12191713 12191713 49988 2326878 2376866 14568579 schedule d, part x, line 2 The Association accounts for any uncertainty in income taxes by recognizing the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The application of income tax law is inherently complex. Laws and regulations in this area are voluminous and are often ambiguous. As such, the Association is required to make many subjective assumptions and judgments regarding income tax exposures. Interpretations of and guidance surrounding income tax law and regulations change over time and may result in changes to the Association's subjective assumptions and judgments which can materially affect amounts recognized in the consolidated statements of financial position and consolidated statements of activities. The Association believes that it does not have any uncertain tax positions that are material to the consolidated financial statements. schedule d, PART XI, LINE 4B: RECLASS PRCA INTERCOMPANY SERVICE FEES: $2,326,878. schedule d, PART XII, LINE 4B: RECLASS PRCA INTERCOMPANY SERVICE FEES: $2,326,878. X X X X X false false false Gordon Knopp Chief Technology Officer 160135 6681 29112 195928 Steve Knowles Director of Rodeo Admin 177167 7548 24802 209517 Pamela McManus Chief Financial Officer 198244 8049 4822 211115 Tom Glause CEO 441804 13200 17447 472451 Schedule J, Part ii, Line 4: Mr. Tom Glause is an employee of PRCA Properties, Inc, and receives all his compensation from PRCA Properties, Inc. Form 990, PART III, LINE 1: Continued, Schedule O. The Professional Rodeo Cowboys Association (PRCA) is the oldest and largest rodeo sanctioning body in the world. As the recognized leader in professional rodeo, the PRCA is committed to maintaining the highest standards in the industry in every area, from improving working conditions for contestants and monitoring livestock welfare, to boosting entertainment value and promoting sponsors. Our team of dedicated professionals makes the PRCA an organization which enjoys an outstanding reputation within the professional rodeo industry. This reputation is a result of the hard work, creativity, and dedication of our employees. You are important to our continued success! Our Vision Be the undisputed leader in the Western Sports industry, featuring the best cowboys competing at the best rodeos and delivering the best entertainment for fans, while embracing the traditions of the West. Our Mission To grow the sport of ProRodeo, to positively impact our communities, and to provide an exceptional experience for our members, fans, and sponsors. Our Values Integrity: We honor ProRodeo's rich history and strong values, and we are honest and respectful in all our endeavors. Innovative: Our efforts constantly evolve to address relevant and emerging issues for the benefit of our stakeholders. Teamwork: We value trust, collaboration, and enthusiasm to create a positive environment for our team to efficiently serve our membership. Excellence: We are committed to accountability, productivity, and accuracy to positively impact our members and stakeholders. FORM 990, PART VI, LINE 6 THE ORGANIZATION HAS THE FOLLOWING main MEMBERSHIP CATEGORIES: PERMIT MEMBERS, CONTESTANT CARD MEMBERS, NONCONTESTANT CARD MEMBERS, AND SPECIAL MEMBERSHIPS. The PRCA Noncontestant Card Members comprising the categories of (i) Stock Contractors, (ii) Rodeo Committee and (iii) Contract Personnel each elect a separate Executive Council to facilitate communication between the Board of Directors and the represented category of membership. These three Executive Councils each elect the representatives for their category of membership to serve on the Board of Directors and the Competition Committee. Additionally, there is a fourth Executive Council comprised of Contestant Representatives to the Competition Committee and the Contestant Executive Council elects the Contestant Directors to the Board of Directors. Rodeo Committee Executive Council Representatives are elected by Active, Noncontestant Card Members- Rodeo Committee and Active Noncontestant Card Members-Rodeo Producer which have sponsored at least one PRCA-approved rodeo in the Rodeo Year preceding the election year. These members are eligible to vote for one at-large nominee and one nominee in the appropriate purse-money category. Stock Contractor Executive Council Representative are elected by Active Noncontestant Card Members-Stock Contractor who are not serving a suspension at the time of election and who have participated as a Stock Contractor or First Year Stock Contractor during the Dues Paying Year preceding the year of election. These members are eligible to vote for two different Stock Contractor Executive Council representative nominees in even-numbered years and three different nominees in odd-numbered years. Contract Personnel Executive Council Representatives are elected by Active Noncontestant Card Members in any of the Contract Personnel categories who are not serving a suspension at the time of election. These member are eligible to vote for one at-large nominee and one nominee in the appropriate participation category of which said Active Noncontestant Card Member has participated during the Rodeo Year preceding the year of election. The Contestant Representative to the Competition Committee/Contestant Executive Council is elected by Active Contestant Card Members who are not serving a suspension at the time of election. Active Contestant Card Members are eligible to vote for one nominee for Contestant Representative to the Competition Committee/Contestant Executive Council in each contest event category in which such Member has competed during the Rodeo Year prior to the year of election. Finally, General Membership Representative to the Competition Committee is elected by the Active Card Members (including Noncontestant Card Members-Rodeo Committee or Rodeo Producer) and Life Members . form 990, PART VI, LINE 7 A & B THE BOARD OF DIRECTORS IS COMPRISED OF NINE (9) INDIVIDUALS: FOUR (4) CONTESTANT DIRECTORS, TWO (2) RODEO COMMITTEE DIRECTORS, TWO (2) STOCK CONTRACTOR DIRECTORS, AND ONE (1) CONTRACT PERSONNEL DIRECTOR. The PRCA Noncontestant Card Members comprising the categories of (i) Stock Contractors, (ii) Rodeo Committee and (iii) Contract Personnel each elect a separate Executive Council to facilitate communication between the Board of Directors and the represented category of membership. These three Executive Councils each elect the representatives for their category of membership to serve on the Board of Directors and the Competition Committee. Additionally, there is a fourth Executive Council comprised of Contestant Representatives to the Competition Committee and the Contestant Executive Council elects the Contestant Directors to the Board of Directors. The Board of directors and the executive council Representatives may be removed at any time, with or without cause, by two-thirds of the votes cast by the members eligible to elect the representative or board of director. form 990, PART VI, LINE 11B: FORM 990 IS PREPARED BY an outside, independent cpa firm AND REVIEWED WITH THE CHIEF EXECUTIVE OFFICER AND CHAIRMAN OF THE BOARD PRIOR TO BEING FILED BY THE CHIEF FINANCIAL OFFICER. form 990, PART VI, LINE 12C: THE ORGANIZATION SPECIFIeS IN ITS EMPLOYEE MANUAL THE REQUIREMENT FOR FULL DISCLOSURE OF ANY POTENTIAL CONFLICT OF INTEREST BOTH PRIOR TO ACCEPTING EMPLOYMENT AND AT ANY TIME THEREAFTER A CONFLICT MAY ARISE. THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST PRIOR TO ACCEPTING A POSITION ON THE BOARD AND AT ANYTIME THEREAFTER A CONFLICT MAY ARISE. The material facts as to the director's or officer's relationship or interest and as to the conflicting interest transaction are disclosed or are known to the board of directors or the committee of the board of directors that authorizes, approves, or ratifies the conflicting interest transaction, and the Board of Directors or committee in good faith authorizes, approves, or ratifies the conflicting interest transaction by the affirmative vote of a majority of the disinterested directors, even though the disinterested directors are less than a quorum. FORM 990, PART VI, LINE 15A: A BOARD APPOINTED COMPENSATION COMMITTEE REVIEWs COMPARABLE COMPENSATION PACKAGES AND CONSULTs WITH INDEPENDENT PERSONS for the compensation package of the CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, LINE 15B: THE FULL BOARD PARTICIPATES IN THE CEO COMPENSATION DISCUSSION AFTER THE BOARD REVIEWS 990'S FROM NON PROFIT ORGANIZATIONS OF LIKE SIZE AND SCOPE AND REVIEWS A SALARY SURVEY PREPARED BY A HUMAN RESOURCES MEMBERSHIP ORGANIZATION. THE CHIEF EXECUTIVE OFFICER IS RESPONSIBLE FOR DETERMINING AN EMPLOYEE'S SALARY OR WAGE SCALE. NO DIRECTORS RECEIVED COMPENSATION IN THEIR CAPACITY AS EVENT REPRESENTATIVES OR FORMER EVENT REPRESENTATIVES. DIRECTORS RECEIVE NO COMPENSATION IN THEIR ROLES AS DIRECTORS UNLESS THEY ARE ALSO AN EVENT REP, OF WHICH THERE IS ONE MEMBER FITTING THAT REQUIRMENT. FORM 990, PART VI, LINE 17: STATE FILINGS: AZ, CA, CO, FL, ID, MO, NE, NV, OK, OR, TX FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION WILL PROVIDE IN A TIMELY MANNER, COPIES OF THE 990, COPIES OF THE RULE BOOK, WHEN REQUESTED IN WRITING OR IN PERSON. FORM 990 PART IX LINE 11G DESCRIPTION:RODEO JUDGES TOTAL FEES:1121840 FORM 990 PART IX LINE 11G DESCRIPTION:EVENT REPRESENTATIVE TOTAL FEES:150000 FORM 990 PART IX LINE 11G DESCRIPTION:RODEO SECRETARY STIPENDS TOTAL FEES:82969 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER OUTSIDE SERVICES TOTAL FEES:1185485 PRO RODEO HALL OF FAME & MUSEUM 101 PRO RODEO DRIVE COLORADO SPRINGS CO 80919 840755735 MUSEUM CO 501(c)(3) 7 PRCA true PROF RODEO COWBOYS ASS(CIRCUITS) 101 PRO RODEO DRIVE COLORADO SPRINGS CO 80919 840913588 rodeo circuit CO 501(c)6 prca true California Cowboys Association Inc PO Box 1507 Oakdale CA 95361 941700234 rodeo circuit CA 501(c)6 prca true PRCA PROPERTIES INC 101 PRO RODEO DRIVE COLORADO SPRINGS CO 80919 840692637 SPONSORSHIP CO prca C CORP 26588388 6604525 1.00000 true Junior Rodeo 101 Pro Rodeo Drive Colorado Springs CO 80919 850501208 junior rodeo CO prca c-corp 159433 0 1.00000 true false false false true false false false false false true true true true true true true false true PROF RODEO COWBOYS ASSOC(CIRCUITS) L 203473 CASH PRCA PROPERTIES INC M 62410 CASH PRCA PROPERTIES INC L 1700100 CASH PRO RODEO HALL OF FAME & MUSEUM L 626778 cash PRCA PROPERTIES INC D 914118 YEAR-END BALANC PRCA PROPERTIES INC S 1721879 Loan Payments PRO RODEO HALL OF FAME & MUSEUM D 672633 YEAR-END BALANC PRO RODEO HALL OF FAME & MUSEUM S 346434 Loan Payments JUNIOR RODEO S 173500 Loan Payments