Ranch - Teammates For Life is located in Duluth, MN. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ranch - Teammates For Life 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, Ranch - Teammates For Life generated $499.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 57.0% each year . All expenses for the organization totaled $135.1k during the year ending 12/2023. While expenses have increased by 28.2% per year over the past 3 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
TO PROVIDE MENTAL HEALTH SERVICES IN A SUPPORTIVE ENVIRONMENT FOR INDIVIDUALS AND FAMILIES AFFECTED BY TRAUMA-RELATED MENTAL HEALTH ISSUES WITH THE OPPORTUNITY TO LIVE FULL AND INDEPENDENT LIVES FREE FROM STIGMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REVENUE GOALS WERE ACCOMPLISHED IN 2023 AND THE RANCH PUBLICLY OPENED ITS DOORS AND HOSTED RESIDENTS IN NEED OF HELP.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jack Pavelich President | OfficerTrustee | 25 | $0 |
Clint Malarchuk Vice President | OfficerTrustee | 25 | $0 |
Elise Starr Treasurer | OfficerTrustee | 25 | $0 |
Jean Gevik Secretary | OfficerTrustee | 25 | $0 |
Tom Gorrence Director | Trustee | 25 | $0 |
Barry Beck Director | Trustee | 25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $434,581 |
Membership dues | $0 |
Fundraising events | $64,709 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $499,290 |
Total Program Service Revenue | $0 |
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 | $499,290 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $20,500 |
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 | $23,055 |
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 | $0 |
Advertising and promotion | $56,194 |
Office expenses | $20,470 |
Information technology | $448 |
Royalties | $0 |
Occupancy | $0 |
Travel | $8,787 |
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 | $0 |
Insurance | $5,609 |
All other expenses | $0 |
Total functional expenses | $135,063 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $64,386 |
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 | $449,975 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $38,296 |
Total assets | $552,657 |
Accounts payable and accrued expenses | $12,233 |
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 | $12,233 |
Net assets without donor restrictions | $540,424 |
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 | $0 |
Total liabilities and net assets/fund balances | $552,657 |
Over the last fiscal year, Ranch - Teammates For Life has awarded $20,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
TEAM TUCKER ASSOCIATION PURPOSE: Provides support to the organization for children suffering from cancer. | $10,000 |
DULUTH SUPERIOR AREA COMMUNITY FOUNDATION PURPOSE: Provide modern hockey helmets to youth playing hockey that feature advanced head and brain protection. | $10,000 |