2023-11-14T13:57:36-06:00 2022-12-31 STOCKMAN KAST RYAN & CO LLP 102 N CASCADE AVENUE SUITE 400 COLORADO SPRINGS CO 80903 990 2022-01-01 840414922 Professional Rodeo Cowboys Association % PAMELA MCMANUS PROF 7195938840 101 Pro Rodeo Drive Colorado Springs CO 80919 Pamela McManus CFO 7195284734 2023-11-15 true Pamela McManus 999009999 DOREEN B MERZ P00841439 7196301186 2022 2023-04-26 12:10:37Z PRCA Pamela McManus 101 Pro Rodeo Drive Colorado Springs CO 80919 19462058 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 77 1 0 1738016 0 9665294 17415427 0 -3291640 3315727 2039180 14719037 16162967 155500 0 0 0 3317085 4449606 0 0 0 7573782 9554927 11046367 14004533 3672670 2158434 22820319 24069351 4298120 3385334 18522199 20684017 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 Cowboys Association sanctioned 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 welfare, the rodeo circuit system and the American western way of life. false false false true false false false false false true false false true 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 537 0 77 true false false false false false false false false X 9 9 false false false false true true false 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 389952 18761 Pamela McManus Chief Financial Officer 32.0 8.0 X 183399 0 27773 Steve Knowles Director of Rodeo Admin 40.0 5.0 X 149020 0 30923 Daniel Martinez Chief Information Officer 40.0 0.0 X 139560 0 12106 Melodie Spah VP of Information Technology 40.0 0.0 X 112972 0 13539 Gordon Knopp Chief Technology Officer 40.0 0.0 X 107389 0 2978 Jacobs Crawley CHAIRMAN 10.0 0.0 X X 15909 0 0 Troy Pruitt Director 10.0 0.0 X 15499 0 0 Matt Reeves Director 10.0 0.0 X 15499 0 0 Chet Johnson Director 10.0 0.0 X 10499 0 0 Josh Edward Director 10.0 0.0 X 4778 0 0 David Morehead Director 10.0 0.0 X 4458 0 0 James Miller Director 10.0 5.0 X 500 0 0 Steve Gander Director 10.0 0.0 X 499 0 0 Keith Marrington Director 10.0 0.0 X 0 0 0 759981 389952 106080 5 false true false Coy Allen Thompson 20265 SUPERIOR PLACE WHITEWOOD SD 57793 STOCK SERVICES 165315 1 0 MEMBERSHIP DUES 711320 2179891 2179891 NATIONAL FINALS, NFR 711320 1237598 1237598 PROCOM FEES & FINES 711320 3294323 3294323 APPROVALS & PRIZES 711320 3177933 3177933 INSURANCE 711320 2066731 2066731 5458951 5458951 17415427 7451 7451 0 2024180 2024180 15000 0 15000 0 15000 15000 0 3299091 -3299091 -3299091 -3299091 0 0 0 0 0 0 0 0 0 0 16162967 19439607 0 -3276640 0 0 0 0 569124 0 3262653 51016 311637 255176 0 57720 178385 0 0 5248 2255308 35328 836728 587212 0 381069 1048918 0 51992 17760 0 639427 2236689 NATIONAL FINALS RODEO 464436 BAD DEBT EXPENSE 594068 EQUIPMENT RENT & REPAIR/MAINT. 122039 DUES 39687 2913 14004533 X 11534112 13389598 0 0 0 0 3204210 1762996 0 0 0 0 0 0 0 0 0 258454 9044336 6050900 5499119 2993436 0 1260843 0 0 890095 921894 31800 0 1660983 3482130 22820319 24069351 2707810 1908293 0 0 1590310 1477041 0 0 0 0 0 0 0 0 0 0 0 0 4298120 3385334 X 18522199 20684017 0 0 18522199 20684017 22820319 24069351 X 2158434 3384 X false true X true false false true false 92418 92418 1639912 981148 658764 238727 225577 13150 7073279 4844175 2229104 2993436 INTERCOMPANY RECEIVABLES 3482130 3482130 0 0 X 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: other: $2,864,331; RECLASS PRCA INTERCOMPANY SERVICE FEES: $2,846,571 RECLASS INTEREST EXPENSE: $17,760 schedule d, PART XII, LINE 4B: other: $2,864,331; RECLASS PRCA INTERCOMPANY SERVICE FEES: $2,846,571 RECLASS INTEREST EXPENSE: $17,760 X X X X X false false false Steve Knowles Director of Rodeo Admin 149020 26400 4526 179946 Daniel Martinez Chief Information Officer 139560 4800 7306 151666 Pamela McManus Chief Financial Officer 183399 26976 797 211172 Tom Glause CEO 324850 65102 10100 8661 408713 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 PROFESSIONAL RODEO COWBOYS ASSOCIATION IS A 501(C)6 MEMBERSHIP ORGANIZATION. form 990, PART VI, LINE 7A: THE EXECUTIVE COUNCILS, MADE UP OF THE ACTIVE MEMBERS OF THE ASSOCIATION, ELECT THE BOARD OF DIRECTORS. form 990, PART VI, LINE 11: 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. 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 BOARD APPOINTED COMPENSATION COMMITTEE REVIEWS SALARY AND WAGE PROPOSALS FOR THE ENTIRE ORGANIZATION AS PART OF THE ORGANIZATION'S ANNUAL BUDGETING PROCESS. THE CHIEF EXECUTIVE OFFICER IS RESPONSIBLE FOR DETERMINING AN EMPLOYEES SALARY OR WAGE PER THE ORGANIZATION BYLAWS. THREE DIRECTORS RECEIVED COMPENSATION IN THEIR CAPACITY AS EVENT REPRESENTATIVES FOR FORMER EVENT REPRESENTATIVES. DIRECTORS RECEIVE NO COMPENSATION IN THEIR ROLES AS DIRECTORS. 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 ALL GOVERNING DOCUMENTS INCLUDING ITS CONFLICT-OF-INTEREST POLICY, WHEN REQUESTED IN WRITING OR IN PERSON. FORM 990, PART X, column a, LINE 13, line 15 COLUMN (A) BEGINNING YEAR BALANCE: LINE 15, other assets, WAS ADJUSTED TO RECLASSIFY program investments in subsidiaries TO investments - program-related, LINE 13. PROGRAM-RELATED INVESTMENTS, WHICH WAS PREVIOUSLY REPORTED ON LINE 15. FORM 990 PART IX LINE 11G DESCRIPTION:EVENT REPRESENTATIVE TOTAL FEES:95000 FORM 990 PART IX LINE 11G DESCRIPTION:RODEO JUDGES TOTAL FEES:1079320 FORM 990 PART IX LINE 11G DESCRIPTION:CIRCUIT STIPENDS TOTAL FEES:36825 FORM 990 PART IX LINE 11G DESCRIPTION:RODEO SECRETARY STIPEND TOTAL FEES:78377 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER OUTSIDE SERVICES TOTAL FEES:921886 FORM 990 PART IX LINE 11G DESCRIPTION:TEMPORARY HELP TOTAL FEES:43900 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 23151177 7651089 1.00000 true Junior Rodeo 101 Pro Rodeo Drive Colorado Springs CO 80919 850501208 junior rodeo CO prca c-corp 0 14502 1.00000 true false false false true false false false false false false true true true true true false false false false PROF RODEO COWBOYS ASSOC(CIRCUITS) L 389361 CASH PRCA PROPERTIES INC M 56026 CASH PRCA PROPERTIES INC L 2222687 CASH PRO RODEO HALL OF FAME & mUSEUM L 700818 YEAR-END BALANC PRCA PROPERTIES INC D 2635997 YEAR-END BALANC PRO RODEO HALL OF FAME & mUSEUM D 672633 YEAR-END BALANC JUNIOR RODEO D 173500 YEAR-END BALANC