Ring Of Champions Inc
- Assets
- $27.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beeville, TX
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-1643682
Organization Overview
Ring Of Champions Inc is located in Beeville, TX. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ring Of Champions 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 12/2021, Ring Of Champions Inc generated $36.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $21.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
RING OF CHAMPIONS, INC. WAS ORGANIZED TO PROMOTE, TRAIN, EDUCATE, MINISTER TO AND PROVIDE SPIRITUAL GUIDANCE TO ITS VOLUNTEERS, MENTORS AND TO THE YOUTH IT SERVES BASED ON SOLID BIBLICAL PRINCIPLES OF LIVING AS INSPIRED BY THE HOLY SPIRIT AND AS TAUGHT BY JESUS CHRIST. THE ORGANIZATION EXISTS TO HELP AT-RISK JUVENILES, THROUGH PROGRAMS AND MENTORSHIP, DEVELOP A POSITIVE VISION FOR THEIR FUTURE BY IMPROVING THEIR UNDERSTANDING OF SELF WORTH, GIVING THEM COPING SKILLS, AND KEEPING THEM OUT OF THE JUVENILE JUSTICE SYSTEM. THE ORGANIZATION FACILITATES A MENTORING PROGRAM PROVIDING MENTORS AND LIFE COACHES TO INCARCERATED YOUTH. A VOCATIONAL RACING PROGRAM IS OPERATED TO ASSIST AT RISK YOUTH IN LEARNING TO WORK TOGETHER AS WELL AS DEVELOP AUTO MECHANIC SKILLS AND LEARN THE RACING INDUSTRY. A CHRISTMAS PROGRAM REACHES OUT TO INCARCERATED YOUTH TO PROVIDE A CELEBRATION AS WELL AS A GIFT TO CELEBRATE THE SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Mcmullen President/di | 40 | $0 | |
Neta Mcmullen Treasurer/di | 1 | $0 | |
Brad Condit Vice Pres./d | 1 | $0 | |
Linda Condit Secretary/di | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,200 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,200 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,000 |
| Professional fees and other payments to independent contractors | $1,705 |
| Occupancy, rent, utilities, and maintenance | $9,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,280 |
| Total expenses | $20,985 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,750 |
| Other assets | $0 |
| Total assets | $27,850 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,850 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ring Of Champions Inc has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
Allen Lovelace Moore And Blanche Davis Moore Foundation Corpus Christi, TX PURPOSE: YOUTH OUTREACH | $12,500 |
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|---|---|---|
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Project Vida El Paso, TX | $4,738,725 | $6,974,845 |
If Gathering Dallas, TX | $3,452,499 | $4,210,258 |
Ecumenical Center For Religion And Health San Antonio, TX | $7,342,387 | $4,148,621 |
To Every Tribe Los Fresnos, TX | $3,193,524 | $2,946,318 |
Rocky Mountain Youth Corps Ranchos De Taos, NM | $2,570,057 | $3,220,479 |
Missions Of Yahweh Inc Houston, TX | $2,309,465 | $2,489,933 |
Arkansas Baptist Assembly Siloam Springs, AR | $8,310,305 | $3,183,707 |
Villa Santa Maria Properties Inc Cedar Crest, NM | $5,209,169 | $2,378,727 |
Paradisus Dei Inc Houston, TX | $3,897,825 | $3,121,109 |