Abilene Boys Ranch Inc
- Assets
- $13.9m
- Revenue
- $1.5m
- Investments
- $2.1k
- Employees
- 23
- Location
- Abilene, TX
- Founding
- 10/1950
- Data as of
- 12/2023
- EIN
- 75-0948921
Organization Overview
Abilene Boys Ranch Inc is located in Abilene, TX. The organization was established in 1950. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2023, Abilene Boys Ranch Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abilene Boys 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, Abilene Boys Ranch Inc generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $2.1m 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
TO PROVIDE A SAFE HOME FOR AT-RISK BOYS AND SINGLE MOTHERS. THROUGH SPIRITUAL GUIDANCE, ACADEMIC ASSISTANCE,AND SKILLS TRAINING, WE ARE MOLDING RESPONSIBLE, SELF-SUFFICIENT CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SPIRITUAL GUIDANCE, ACADEMIC ASSISTANCE,AND SKILLS TRAINING FOR AT-RISK BOYS AND SINGLE MOTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Blair Director | Trustee | 1 | $0 |
Michelle Jones Exec. Board | Trustee | 1 | $0 |
Rocky Champion President | OfficerTrustee | 1 | $0 |
Robert A Howard Director | Trustee | 1 | $0 |
Patrick Glover Secretary | OfficerTrustee | 1 | $0 |
Jimmy Newcomb Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22 |
| All other contributions, gifts, grants, and similar amounts not included above | $994,757 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $994,779 |
| Total Program Service Revenue | $0 |
| Investment income | $11,624 |
| 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 | $1,468,003 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $732,037 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $124,822 |
| Payroll taxes | $56,887 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,209 |
| Advertising and promotion | $9,010 |
| Office expenses | $43,009 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $99,209 |
| Travel | $15,731 |
| 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 | $381,699 |
| Insurance | $189,046 |
| All other expenses | $143,050 |
| Total functional expenses | $2,126,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $402,230 |
| Savings and temporary cash investments | $633,237 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,229 |
| 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 | $87,537 |
| Net Land, buildings, and equipment | $4,886,684 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,130 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,862,188 |
| Total assets | $13,875,235 |
| Accounts payable and accrued expenses | $75,794 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $39,374 |
| Other liabilities | $0 |
| Total liabilities | $115,168 |
| Net assets without donor restrictions | $13,251,114 |
| Net assets with donor restrictions | $508,953 |
| 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 | $13,875,235 |