West Texas Boys Ranch Foundation
- Assets
- $16.6m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- San Angelo, TX
- Founding
- 04/1996
- Data as of
- 05/2022
- EIN
- 75-2620126
Organization Overview
West Texas Boys Ranch Foundation is located in San Angelo, TX. The organization was established in 1996. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, 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. West Texas Boys Ranch Foundation 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 05/2022, West Texas Boys Ranch Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $475.9k during the year ending 05/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE WEST TEXAS BOYS RANCH FOUNDATION RAISES, COLLECTS, ACCUMULATES, MANAGES, AND DISTRIBUTES THE FUNDS NECESSARY FOR THE WEST TEXAS BOYS RANCH, A RELATED 501(C)(3) ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISBURSEMENTS ARE MADE TO THE WEST TEXAS BOYS RANCH FOR THE BENEFIT OF AND USE IN ITS OPERATIONS. THE WEST TEXAS BOYS RANCH IS A NON-PROFIT ORGANIZATION LICENSED BY THE TEXAS DEPARTMENT OF FAMILY AND PROTECTIVE SERVICES TO PROVIDE BASIC RESIDENTIAL CHILD CARE FOR DISADVANTAGED AND AT RISK BOYS IN TEXAS AND THE FOUR BORDERING STATES (ARKANSAS, LOUISIANA, NEW MEXICO, AND OKLAHOMA). THE FOUNDATION OWNS THE LAND AND BUILDINGS USED BY WEST TEXAS BOYS RANCH. NO LEASE IS CHARGED--THE VALUE OF THE USE OF THE PROPERTY IS ESTIMATED AT $240,000 PER YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Casey Puckitt Chairman | OfficerTrustee | 1 | $0 |
David Vann Vice Chairman | OfficerTrustee | 1 | $0 |
Brad Haralson Secretary/treasurer | OfficerTrustee | 1 | $0 |
Jeremy Vincent CEO | Officer | 40 | $0 |
Jerry Baker Director | Trustee | 1 | $0 |
Michael Brinlee Director | Trustee | 1 | $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 | $117,571 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,571 |
| Total Program Service Revenue | $0 |
| Investment income | $354,406 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,393,934 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$11,887 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,854,024 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $285,223 |
| Grants and other assistance to domestic individuals. | $4,053 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,867 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $284 |
| Travel | $0 |
| 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 | $108,527 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $475,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $640,696 |
| Savings and temporary cash investments | $0 |
| 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 | $2,541,915 |
| Investments—publicly traded securities | $8,635,960 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,731,784 |
| Total assets | $16,550,355 |
| Accounts payable and accrued expenses | $112 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $112 |
| Net assets without donor restrictions | $10,971,983 |
| Net assets with donor restrictions | $5,578,260 |
| 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 | $16,550,355 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that West Texas Boys Ranch Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Lamar Dixon Expo Foundation Prairieville, LA PURPOSE: TO ASSIST THE ORGANIZATION WITH THEIR ACTIVITIES. | $10,000 |
Endowment Analysis
| Beg. Balance | $2,426,881 |
| Net Contributions | $110,554 |
| Ending Balance | $2,537,435 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunny Glen Childrens Home San Benito, TX | $13,498,844 | $44,265,453 |
Buckner Children And Family Services Inc Dallas, TX | $63,214,189 | $46,854,596 |
Youth Development Inc Albuquerque, NM | $6,538,635 | $31,021,565 |
The Safe Alliance Austin, TX | $11,714,788 | $29,431,817 |
Tresco Inc Las Cruces, NM | $11,408,298 | $25,903,649 |
Mission Road Developmental Center San Antonio, TX | $26,258,889 | $16,711,904 |
United Methodist Childrens Home Inc Little Rock, AR | $23,403,200 | $9,139,789 |
New Horizons Ranch And Center Inc Abilene, TX | $7,433,052 | $14,838,988 |
James L West Presbyterian Special Care Center Fort Worth, TX | $13,990,432 | $11,986,456 |
Carc Inc Carlsbad, NM | $9,451,276 | $12,194,382 |
Broadway Services Inc New Orleans, LA | $6,344,122 | $11,011,243 |
Oakwood Retirement Village Inc Enid, OK | $6,058,575 | $10,557,285 |