2024-10-01T10:34:06-07:00 2023-12-31 942913361 Curtis T Yew CPA Inc 350 Crown Point Circle Ste 135 Grass Valley CA 95945 990EZ 2023-01-01 201701406 PENN VALLEY COMMUNITY RODEO ASSOCIATION PENN 5309133680 PO BOX 1103 PENN VALLEY CA 95946 Patricia L Wilkins Treasurer 2024-10-01 true true Curtis T Yew P00371689 5302722606 2023 2024-10-15 13:58:12Z X X www.pvrodeo.com X X 163537 X 6190 155901 1285 11 0 0 0 0 150 163537 790 4000 70 149220 154080 9457 88452 97909 X 57820 67277 26654 26654 3978 3978 88452 97909 88452 97909 The specific exempt purpose is to host rodeo performances and other fundraising events to benefit the local Penn Valley community, local charities and schools to preserve the Western heritage and to educate society on those traditions associated with the country-western lifestyle. Hosted public events providing performances in rodeo and animal-related entertainment as well as providing a venue for equestrian and other animal-related activities. The main event is the Penn Valley Rodeo which is normally held annually during the month of May. Other events during the year included the a Summer Fun Gymkhana Buckle series, a Fall Festival, and Barrel Racing. The organization also gives an annual scholarship to a local high school student interested in pursuing an education in agriculture or a related field. 138436 138436 Erin Wyatt Secretary 2.00 0 David J Summers President 2.00 0 Patricia L Wilkins Treasurer 2.00 0 Scott Stewart Director 2.00 0 Lexee Andrade Director 2.00 0 Mark Frederick Vice President 2.00 0 John Favetti Director 2.00 0 Phil Easley Director 2.00 0 false false false false false false false 0 0 0 false 0 0 false Patricia Wilkins 18827 Siesta Drive Penn Valley CA 95946 5309133680 false false false false false false false false false false false NONE NONE true X 1880 5740 630 45545 7475 61270 85247 16995 814 130042 155901 388999 0 0 0 87127 22735 1444 175587 163376 450269 0 0 450269 0 0 0 20000 940 1650 374 150 23114 107127 23675 3094 175961 163526 473383 0.95120 0.94950 0.00000 X Other Revenue.1 Grounds Rental $150 Other Expenses.1001 Advertising and Promotion $4469 Other Expenses.1002 Office Expenses $849 Other Expenses.1003 Information Technology $18 Other Expenses.1012 Insurance $5099 Other Expenses.1 Rodeo Professional Services $45023 Other Expenses.2 Grounds Maintenance Expense $16124 Other Expenses.3 Portable Toilets $10701 Other Expenses.4 Barrel Racing Expenses $9553 Other Expenses.5 Beer and Wine Booth Expenses $8924 Other Expenses.6 Donations $5041 Other Expenses.7 Tshirts and Hats $4183 Other Expenses.8 Scholarships $4000 Other Expenses.9 Utilities $3485 Other Expenses.10 Sponsorship Expense $3151 Other Expenses.11 Rodeo Program $3066 Other Expenses.12 Arena Grooming $2951 Other Expenses.13 Rodeo Queen Expenses $2885 Other Expenses.14 Rodeo Miscellaneous $2333 Other Expenses.15 Gymkhana Expense $2200 Other Expenses.16 Security $1808 Other Expenses.17 Mutton Bustin Expense $1797 Other Expenses.18 Fall Festival Expenses $1420 Other Expenses.19 Ticket Printing $1350 Other Expenses.20 Rodeo Hospitality Suite $1264 Other Expenses.21 Tools $1156 Other Expenses.22 Booth Rental Costs $1142 Other Expenses.23 Livestock Rental Fee $1000 Other Expenses.24 Reconciliation Discrepancy $921 Other Expenses.25 Snack Shack Costs $799 Other Expenses.26 Fuel Expense $507 Other Expenses.27 Bank Charges $495 Other Expenses.28 Rodeo Cleanup $415 Other Expenses.29 Sanctioning Fees $400 Other Expenses.30 Meals and Events $328 Other Expenses.31 Property Tax $238 Other Expenses.32 Dues and Subscriptions $125 Other Assets.1003 Machinery and Equipment - Beginning $3978 Machinery and Equipment - Ending $3978 Statement Note 1 The Penn Valley Community Rodeo AssociationEIN: 20-1701406CA ID Number: 2855235The main event for the Penn Valley Community Rodeo Association ("PVCRA") is held on an annual basis normally during the month of May. The event date(s) are subject to change due to weather and/or other unforeseen circumstances. With regards to the definition of the unrelated business taxable income under IRC Section 512(a)(1) and as further defined under Regulations Section 1.513-1(c), the gross income derived by PVCRA from the various booths at the annual rodeo would not be subject to the unrelated business income tax as the production of such income is NOT regularly carried on. The frequency and continuity of the activity is only on an annual basis and only for three days. In addition, the activity is conducted without the competitive and promotional efforts typical of commercial endeavors.All of the activities within the annual rodeo event are substantially related to the organization's performance of its exempt function.