TY 2014 Form 990EZ


	1	Contributions, gifts, grants, and similar amounts received...............	1	12,431
2	Program service revenue including government fees and contracts ............	2	10,925
3	Membership dues and assessments......................	3	95
4	Investment income...........................	4	3
5a	Gross amount from sale of assets other than inventory........	5a
b	Less: cost or other basis and sales expenses...........	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000) .	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the
	sum of such gross income and contributions exceeds $15,000)	6b	27,482
c	Less: direct expenses from gaming and fundraising events.......	6c	27,673
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d	-191
7a	Gross sales of inventory, less returns and allowances........	7a	11,403
b	Less: cost of goods sold.................	7b	4,174
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c	7,229
8	Other revenue (describe in Schedule O) .....................	8	14,872
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8..............	9	45,364
	10	Grants and similar amounts paid (list in Schedule O) .................	10
11	Benefits paid to or for members........................	11
12	Salaries, other compensation, and employee benefits................	12
13	Professional fees and other payments to independent contractors............	13	500
14	Occupancy, rent, utilities, and maintenance...................	14
15	Printing, publications, postage, and shipping...................	15	375
16	Other expenses (describe in Schedule O) ....................	16	35,101
17	Total expenses. Add lines 10 through 16 .................	17	35,976
	18	Excess or (deficit) for the year (Subtract line 17 from line 9)............	18	9,388
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return)................	19	35,954
20	Other changes in net assets or fund balances (explain in Schedule O) ..........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20.........	21	45,342

Contributions, gifts, grants, and similar amounts received...............

12,431

Program service revenue including government fees and contracts ............

10,925

Membership dues and assessments......................

Investment income...........................

Gross amount from sale of assets other than inventory........

Less: cost or other basis and sales expenses...........

Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......

Gaming and fundraising events

Gross income from gaming (attach Schedule G if greater than $15,000) .

Gross income from fundraising events (not including $ of contributions
from fundraising events reported on line 1) (attach Schedule G if the Click to see attachment

sum of such gross income and contributions exceeds $15,000)

27,482

Less: direct expenses from gaming and fundraising events.......

27,673

Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)

-191

Gross sales of inventory, less returns and allowances........

11,403

Less: cost of goods sold.................

4,174

Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........

7,229

Other revenue (describe in Schedule O) .....................

14,872

Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8.............. Bullet

45,364

Grants and similar amounts paid (list in Schedule O) .................

Benefits paid to or for members........................

Salaries, other compensation, and employee benefits................

Professional fees and other payments to independent contractors............

500

Occupancy, rent, utilities, and maintenance...................

Printing, publications, postage, and shipping...................

375

Other expenses (describe in Schedule O) ....................

35,101

Total expenses. Add lines 10 through 16 ................. Bullet

35,976

Excess or (deficit) for the year (Subtract line 17 from line 9)............

9,388

Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with

end-of-year figure reported on prior year’s return)................

35,954

Other changes in net assets or fund balances (explain in Schedule O) ..........

Net assets or fund balances at end of year. Combine lines 18 through 20......... Bullet

45,342

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? To promote the farming and ranching way of life
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 To provide a rodeo where cowboy principles are taught and exemplified (Grants $ 35,976) If this amount includes foreign grants, check here ...	28a
29 (Grants $ ) If this amount includes foreign grants, check here ...	29a
30 (Grants $ ) If this amount includes foreign grants, check here ...	30a
31 Other program services (describe in Schedule O) (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	35,976

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III .

Expenses
(Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)

What is the organization's primary exempt purpose? To promote the farming and ranching way of life

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.

28 To provide a rodeo where cowboy principles are taught and exemplified
(Grants $ 35,976) If this amount includes foreign grants, check here ... MediumBullet

28a

29
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

29a

30
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

30a

31 Other program services (describe in Schedule O)
(Grants $ ) If this amount includes foreign grants, check here... MediumBullet

31a

32 Total program service expenses (add lines 28a through 31a).......... bullet

35,976

(a) Name and title	(b) Average hours per week devoted to position	(c)Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
Keith Kreps President	0.25	0
Charles Allen Vice President	0.25	0
Terry Arnold Secretary/Treas	0.25	0
Harry Miller Director	0.25	0
Jerry Ladiges Director	0.25	0
Oop Burgin Director	0.25	0
Jason Throop Director	0.25	0
Bubs Murray Director	0.25	0
Mike Woodward Director	0.25	0

(a) Name and title

(b) Average
hours per week
devoted to position

(c)Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans,
and deferred compensation

(e) Estimated amount
of other compensation

Keith Kreps
President

0.25

Charles Allen
Vice President

0.25

Terry Arnold
Secretary/Treas

0.25

Harry Miller
Director

0.25

Jerry Ladiges
Director

0.25

Oop Burgin
Director

0.25

Jason Throop
Director

0.25

Bubs Murray
Director

0.25

Mike Woodward
Director

0.25

(a) Name and title of each employee

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC)

(d) Health benefits, contributions to employee benefit plans, and deferred compensation

(e) Estimated amount of other compensation

NONE

(a) Name and business address of each independent contractor

(b) Type of service

(c) Compensation

NONE

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

Glenwood Rodeo Association Inc

Employer identification number

91-1238501

Return Reference	Explanation
Other Revenue.1	Advertising $12750
Other Revenue.2	Space Rentals $1557
Other Revenue.3	Parking $565
Other Expenses.1002	Office Expenses $213
Other Expenses.1	Livestock Rental $6223
Other Expenses.2	NPRA Fees $5692
Other Expenses.3	Project Expense $4230
Other Expenses.4	Insurance $3278
Other Expenses.5	Advertising $1959
Other Expenses.6	Tools & Equipment $1916
Other Expenses.7	Announcers $1500
Other Expenses.8	Repairs and Maintenance $1407
Other Expenses.9	Judges $1368
Other Expenses.10	Queen Expense $1130
Other Expenses.11	Utilitie Expense $947
Other Expenses.12	Band $750
Other Expenses.13	Contracted Labor $750
Other Expenses.14	Leases $749
Other Expenses.15	Timer $712
Other Expenses.16	Equipment Rental $550
Other Expenses.17	Billboard $455
Other Expenses.18	Donations $350
Other Expenses.19	Supplies $314
Other Expenses.21	Ambulance Service $200
Other Expenses.22	Telephone Expense $138
Other Expenses.23	License and Fees $130
Other Expenses.25	Contestant Prizes $106
Other Expenses.26	Property Tax $24
Other Expenses.27	Bank Charges $10
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $200 Accounts Payable and Accrued Expenses - Ending $1

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

Additional Data

Software ID:	14000265
Software Version:	2014v5.0

Sign Here

	Signature of officer	Date

	Type or print name and title

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

(i) Name and address of individual or entity (fundraiser)	(iii) Did fundraiser have custody or control of contributions?
	Yes	No










Total .................

		(a) Event #1 RODEO (event type)	(d) Total events (add col. (a) through col. (c))
1	Gross receipts . . .	26,470	26,470
2	Less: Contributions . .
3	Gross income (line 1 minus line 2) . . .	26,470	26,470
4	Cash prizes . . .
5	Noncash prizes . .
6	Rent/facility costs . .
7	Food and beverages .
8	Entertainment . . .
9	Other direct expenses .	27,673	27,673
10	Direct expense summary. Add lines 4 through 9 in column (d) ...........		27,673
11	Net income summary. Subtract line 10 from line 3, column (d)...........		-1,203