New Life Ranch Inc
- Assets
- $27.0m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 465
- Location
- Colcord, OK
- Founding
- 08/1965
- Data as of
- 12/2023
- EIN
- 73-0736604
Organization Overview
New Life Ranch Inc is located in Colcord, OK. The organization was established in 1965. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, New Life Ranch Inc employed 465 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Life 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, New Life Ranch Inc generated $8.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $8.9m during the year ending 12/2023. While expenses have increased by 9.0% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROCLAIM THE GOSPEL OF JESUS CHRIST AND EQUIP BELIEVERS FOR MINISTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER PROGRAMS - NEW LIFE RANCH HOSTS 9 WEEKS OF SUMMER PROGRAMMING INCLUSIVE OF OVERNIGHT SUMMER CAMP, DAY CAMPS, LEADERSHIP DEVELOPMENT AND FAMILY CAMP. SUMMER CAMP AT NEW LIFE RANCH IS INTENTIONALLY DESIGNED TO BE CHRIST CENTERED AND SCRIPTURALLY FOCUSED FOR CAMPERS FROM 2ND THRU 12TH GRADE. OUR LEADERSHIP DEVELOPMENT PROGRAM RUNS CONCURRENT TO SUMMER CAMP FOR STUDENTS ENTERING 10TH THRU 12TH GRADE AND FOCUSES ON CHRIST-CENTERED LEADERSHIP PRINCIPLES AND PRACTICE. SUMMER CAMPERS HAVE WEEK-LONG EXPERIENTIAL LEARNING OPPORTUNITIES RIDING HORSES, MOUNTAIN BIKING, ROCK CLIMBING, HIKING, TEAM BASED ACTIVITIES, COMMUNITY WORSHIP AND BIBLE STUDY. ANOTHER FOCUS IS ON RELATIONSHIP BUILDING WITH PEERS, COUNSELORS AND ULTIMATELY JESUS CHRIST. THE GOAL IS TO UNDERSTAND THE IMPORTANCE AND STRENGTH OF LIVING LIFE IN COMMUNITY WITH OTHERS. THESE RELATIONSHIPS ARE WHAT MAKE NLR THRIVE. CAMPERS GET TO EXPERIENCE THAT LIFE LIVED IN RELATIONSHIP WITH GOD AND OTHERS IS FUN, EXCITING AND FULL OF PURPOSE.
RETREATS - SPENDING A WEEKEND OR SEVERAL DAYS IN A NEW PLACE, AWAY FROM THE USUAL DISTRACTIONS AND STATUS QUO OF EVERYDAY LIFE CAN PROVIDE NECESSARY AND AMAZING OPPORTUNITIES FOR PERSONAL GROWTH AND HEALTH. AT NEW LIFE RANCH FACILITIES, WE MAKE EVERY EFFORT TO PROVIDE A WELCOMING ENVIRONMENT FOR CHURCHES, YOUTH GROUPS, UNIVERSITIES, CHRISTIAN SCHOOLS AND OTHER MINISTRY ORGANIZATIONS TO COME AND RETREAT, REFRESH, TRAIN, LEARN AND DEVELOP. WHILE ON CAMP GUESTS HAVE THE OPPORTUNITY TO TAKE FULL ADVANTAGE OF THE ACRES OF NATURAL ENVIRONMENT AVAILABLE AS WELL AS A WIDE VARIETY OF STAFF-LED ACTIVITIES. NEW LIFE RANCH'S RETREAT AND GUEST SERVICES STRIVE TO MAKE NEW LIFE RANCH A COMFORTABLE AND EASY PLACE FOR RESTORATION AND SPIRITUAL DEVELOPMENT TO HAPPEN YEAR-ROUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Graney Executive Di | Officer | 40 | $101,469 |
Russell Schultz Dir Of Opera | Officer | 40 | $94,603 |
Dan Neale CFO | Officer | 40 | $44,450 |
Eric Freeman Director | Trustee | 1 | $0 |
Randy Green Director | Trustee | 1 | $0 |
Gordy Guest Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fayetteville Mech Hvac And Plumbing Work | 12/30/19 | $515,297 |
C&c Construction Services Construction Work For Cabin Remodel Proj | 12/30/19 | $305,894 |
T Rainwater Construction Llc Carpentry Work For New Dining Hall | 12/30/19 | $332,154 |
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 | $2,504,609 |
| Noncash contributions included in lines 1a–1f | $2,250 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,504,609 |
| Total Program Service Revenue | $5,887,039 |
| Investment income | $71,251 |
| 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 | $8,519,466 |
| 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. | $240,522 |
| Compensation of current officers, directors, key employees. | $26,458 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,461,661 |
| Pension plan accruals and contributions | $101,674 |
| Other employee benefits | $201,627 |
| Payroll taxes | $277,510 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $124,339 |
| Advertising and promotion | $51,449 |
| Office expenses | $427,033 |
| Information technology | $111,134 |
| Royalties | $0 |
| Occupancy | $831,034 |
| Travel | $54,475 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $67,599 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,360,255 |
| Insurance | $291,218 |
| All other expenses | $216,756 |
| Total functional expenses | $8,889,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,449 |
| Savings and temporary cash investments | $1,495,767 |
| Pledges and grants receivable | $466,100 |
| Accounts receivable, net | $144,440 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $79,048 |
| Prepaid expenses and deferred charges | $165,074 |
| Net Land, buildings, and equipment | $24,117,898 |
| Investments—publicly traded securities | $506,153 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $150 |
| Total assets | $26,976,079 |
| Accounts payable and accrued expenses | $200,806 |
| Grants payable | $0 |
| Deferred revenue | $346,119 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $546,925 |
| Net assets without donor restrictions | $24,247,817 |
| Net assets with donor restrictions | $2,181,337 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $26,976,079 |