Hope Remains Youth Ranch Inc
- Assets
- $1.1m
- Revenue
- $441.2k
- Investments
- $0.0
- Employees
- 23
- Location
- Wellford, SC
- Founding
- 09/2008
- Data as of
- 12/2023
- EIN
- 26-0554902
Organization Overview
Hope Remains Youth Ranch Inc is located in Wellford, SC. The organization was established in 2008. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Hope Remains Youth Ranch Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Remains Youth Ranch Inc 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, Hope Remains Youth Ranch Inc generated $441.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $596.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HOPE REMAINS RANCH EXISTS TO PROVIDE A CHRIST-CENTERED ENVIRONMENT OF HOPE AND HEALING FOR CHILDREN, ADULTS AND FAMILIES IN OUR COMMUNITY BY UTILIZING EQUINE THERAPY, BIBLICALLY-BASED PROFESSIONAL COUNSELING, AND MENTORSHIP IN LIFE SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS OTHERS. TOTAL SERVED IN 2023 WAS 76
HORSE PLAY IS A HIGH IMPACT UNIQUE SUMMER PROGRAM UTILIZING EQUINE ACTIVITIES MENTORING AND BIBLE STUDY. HORSE PLAY PROVIDES BASIC HORSEMANSHIP SKILLS SUCH AS GROOMING AND SADDLING, GAMES ON HORSEBACK, FINGER PAINTING WITH HORSES, HANDS ON HORSE CARE, AND OTHER HORSE-RELATED ADVENTURES IN A THERAPUETIC OUTDOOR CAPACITY. ANCILLARY ACTIVITIES LIKE WATER GAMES AND ARTS AND CRAFTS ARE INCLUDED TO A LESSER EXTENT. TOTAL SERVED IN 2023 WAS 64.
HEALING HOOVES IS AN EQUINE THERAPY AND BIBLICAL COUNSELING PROGRAM. THIS PROGRAM IS OPEN TO THE COMMUNITY AND OFFERS OPPORTUNITIES FOR INDIVIDUALS AGES 5 THROUGH ADULTHOOD TO RECEIVE CERTIFIED EQUINE MINISTRY SESSIONS AND COUNSELING. TOTAL SERVED IN 2023 WAS 121.
WORKHORSE ACADEMY IS AN EQUINE EXPERIENTIAL PROGRAM THAT FOCUSES ON SPECIAL NEEDS AND BEHAVIORAL STUDENTS. TOTAL SERVED IN 2023 WAS 541.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Orr Executive Member | Trustee | 0.5 | $0 |
Josiah Magnuson Chairman | Trustee | 0.5 | $0 |
Rick Sullens Executive Member | Trustee | 0.5 | $0 |
Kathy Miller Executive Member | Trustee | 0.5 | $0 |
Melanie Watt Founderceo | Officer | 40 | $0 |
Helen Finger Secretarycfo | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $356,870 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $356,870 |
| Total Program Service Revenue | $82,423 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $441,182 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $54,100 |
| Compensation of current officers, directors, key employees. | $5,410 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $233,995 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,453 |
| Payroll taxes | $22,018 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,538 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $974 |
| Office expenses | $15,176 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,850 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,092 |
| Insurance | $21,203 |
| All other expenses | $45,405 |
| Total functional expenses | $596,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,508 |
| Savings and temporary cash investments | $422,181 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $539,483 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,065,172 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $19,884 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $19,884 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,045,288 |
| Total liabilities and net assets/fund balances | $1,065,172 |