Bit Of Hope Ranch

Organization Overview

Bit Of Hope Ranch is located in Gastonia, NC. The organization was established in 2009. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Bit Of Hope 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 12/2021, Bit Of Hope Ranch generated $475.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $403.2k during the year ending 12/2021. While expenses have increased by 14.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EQUINE ASSISTED THERAPIES BIT OF HOPE RANCH EXISTS TO REACH, RESCUE AND RESTORE HURTING CHILDREN, FAMILIES AND HORSES BY OFFERING MENTAL HEALTH SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ALL PROGRAM SERVICES - COUNCILING, HORSE ADOPTION AND RENTAL, EDUCATION AND THERAPEUTIC RIDING


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Board, Officers & Key Employees

Name (title)Compensation
Meg Vanderbilt
Member
$43,333
Josie Conner
Member
$0
Matt Vanderbilt
Chairman
$0
Steve Matolka
Member
$0
Dr Robin Smith
Member
$0
Emmaus Vanderbit
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$197,396
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$197,396
Total Program Service Revenue$278,094
Investment income $9
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 $475,499

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Bit Of Hope Ranch has recieved totaling $17,072.

Awarding OrganizationAmount
Gaston Community Foundation

Gastonia, NC

PURPOSE: GENERAL SUPPORT

$11,003
Carrie E And Lena V Glenn Foundation Inc

Gastonia, NC

PURPOSE: MENTAL HEALTH ASSISTANCE

$3,920
The Leeps Foundation Inc

Moneta, VA

PURPOSE: PURCHASE OF PASTURE MOWER & OBSTACLE COURSE

$2,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$149
View Grant Recipient Profile

Peer Organizations

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