River Ranch Educational Charities
- Assets
- $5.1m
- Revenue
- $554.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Mckinney, TX
- Founding
- 10/2003
- Data as of
- 12/2022
- EIN
- 75-2963438
Organization Overview
River Ranch Educational Charities is located in Mckinney, TX. The organization was established in 2003. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. River Ranch Educational Charities 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 12/2022, River Ranch Educational Charities generated $554.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. 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
PROVIDE A RANCH LIFE EXPERIENCE THROUGH THE GIFT OF THE HORSE, RANCH ANNIMALS AND NATURE:
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATING ABOUT HORSES: CAMPS ARE HELD THAT PROVIDE CHILDREN WITH FUN HORSE ACTIVITIES WHILE LEARNING BASIC RIDING, PROVIDEDING ROUTINE CARE FOR A HORSE, DETERMINING WHEN A HORSE MAY NEED MEDICAL ATTENTION, UNDERSTANDING THE DIFFERENT EQUIPMENT USED TO RIDE AND CARE FOR A HORSE.
OLD WEST: PROVIDES CHILDREN AND ADULTS IN AN URBAN COMMUNITY WITH THE ABILITY TO ENJOY THE SIGHTS AND SOUNDS OF NATURE BY RIDING HORSES THROUGH MEADOWS, TRAILS AND FARMLAND AND TOUR AN HISTORIC WESTERN TOWN BY HORSEBACK, SEVERAL THOUSABD INDIVIDUALS ATTENDED THESE ACTIVITIES.
RANCH/FARM: PROVIDES CHILDREN AND ADULTS WITH A GENERAL RANCH/FARM EXPERIENCE BY EXPERIENCING A FARM WAGON HAY RIDE, HAY MAZE, PUMPKIN PATCH AND INTERACTION WITH HORSES, SEVERAL THOUSAND INDIVIDUALS ATTEND THESE ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harris Wayne Kirk President | OfficerTrustee | 10 | $0 |
Vanessa R Fry Vice President | OfficerTrustee | 40 | $0 |
Richard Tennison Bod | Trustee | 5 | $0 |
Kelli Ann Weingarten Controller | Trustee | 40 | $0 |
Mark Cline Bod | Trustee | 5 | $0 |
Randy White Bod | Trustee | 10 | $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 | $67,685 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,685 |
| Total Program Service Revenue | $486,930 |
| Investment income | $0 |
| 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 | $554,615 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $89,437 |
| Fees for services: Accounting | $2,446 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,426 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $122,760 |
| Insurance | $23,156 |
| All other expenses | $298,871 |
| Total functional expenses | $1,015,338 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,021,373 |
| 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 | $5,094 |
| Prepaid expenses and deferred charges | $128 |
| Net Land, buildings, and equipment | $3,836,831 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $224,849 |
| Total assets | $5,088,275 |
| Accounts payable and accrued expenses | $1,005,736 |
| 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 | $402,394 |
| Secured mortgages and notes payable | $4,027,350 |
| Unsecured mortgages and notes payable | $650,167 |
| Other liabilities | $1,350,000 |
| Total liabilities | $7,435,647 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | -$2,347,372 |
| Total liabilities and net assets/fund balances | $5,088,275 |