L5 Youth Ranch is located in Sprague, NE. The organization was established in 2008. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. L5 Youth Ranch is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, L5 Youth Ranch generated $14.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $9.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE L5 YOUTH RANCH AND HORSE RESCUE HAD A BUILDING YEAR IN 2023 SECURING NEW CONNECTIONS, STAFF, AND FUNDING FOR NEW HORSES. FIRST AND FOREMOST, WE EXIST TO SERVE THE DISADVANTAGED YOUTH OF THE LINCOLN AND SURROUNDING AREAS OF NEBRASKA AS WELL AS PROVIDE A SAFE HAVEN FOR NEGLECTED HORSES. WE WERE ABLE TO FINISH THE CONSTRUCTION ON OUR NEW FACILITIES TO BETTER BENEFIT THE YOUTH THE RANCH SERVES. WE ADDED TO THE NUMBER OF YOUTH AND FAMILIES WE WERE ABLE TO WORK WITH. WE WERE ALSO ABLE TO BE IN A POSITION TO PURCHASE 2 NEW HORSES IN THE 2024 SEASON FOR ADDED GROWTH AND SERVE ADDITIONAL YOUTH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matt Langston President | 25 | $0 | |
Daisy Langston Secretary/treasurer | 20 | $0 | |
Julie Henton Director | 0.5 | $0 | |
Bryan Perez Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,907 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $4,440 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $14,347 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,595 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $140 |
Other expenses | $7,845 |
Total expenses | $9,580 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $10,985 |
Other assets | $0 |
Total assets | $10,985 |
Total liabilities | $0 |
Net assets or fund balances | $10,985 |