Eriks Ranch Inc
- Assets
- $4.2m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 45
- Location
- Edina, MN
- Founding
- 04/2008
- Data as of
- 12/2021
- EIN
- 26-0456090
Organization Overview
Eriks Ranch Inc is located in Edina, MN. The organization was established in 2008. 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. As of 12/2021, Eriks Ranch Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eriks 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 12/2021, Eriks Ranch Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 6.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ERIK'S RANCH, INC. PROVIDES SAFE AND UNEQUALED LIVING, WORKING, SOCIAL AND RECREATIONAL ENVIRONMENTS FOR YOUNG ADULTS WITH AUTISM, USING ITS GUIDING PRINCIPLES OF LIFELONG LEARNING, INDIVIDUAL COMMUNITY BUILDING AND BIDIRECTIONAL INTEGRATION THROUGH VOLUNTOURISM. WE'RE COMMITTED TO GIVING THESE INDIVIDUALS A REWARDING LIFE ON THEIR OWN TERMS, EXPERIENCING DIGNITY, COMPASSION AND THE JOY OF CONTINUING POSSIBILITY. AT ERIK'S RANCH, INC. PEOPLE FROM ALL OVER THE WORLD, AND SOMETIMES RIGHT NEXT-DOOR, STAY IN OUR ONE-OF-A-KIND GUEST ACCOMMODATIONS FOR BUSINESS AND PERSONAL TRAVEL. IT IS OUR GOAL TO PROVIDE OUR GUESTS WITH TOP-NOTCH CUSTOMER SERVICE, EXCEPTIONAL ACCOMMODATIONS, AND THE UNIQUE TOUCHES THAT ARE ONLY AVAILABLE IN A SMALLER SETTING. OUR MEMBERS PROUDLY LIVE AND WORK ON SITE-OFFERING BOUTIQUE STYLE ACCOMMODATIONS IN EDINA, MN, AND RANCH ACCOMMODATIONS IN LIVINGSTON, MT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ERIK'S RANCHIS A MEMBERSHIP PROGRAM THAT PROVIDES LIVING, WORKING, SOCIAL, AND RECREATIONAL ENVIRONMENTS FOR ADULTS WITH AUTISM SPECTRUM DISORDERS IN MINNESOTA AND MONTANA. OUR MISSION IS TO PROVIDE OUR MEMBERS WITH A REWARDING LIFE ON THEIR OWN TERMS, EXPERIENCING DIGNITY, COMPASSION, AND THE JOY OF CONTINUING POSSIBILITY. OUR MISSION IS ONLY POSSIBLE AND FULLY REALIZED BECAUSE OF THE GUESTS WHO STAY AND TOUR WITH US AT BOTH OUR GUEST RANCH IN MONTANA AND BOUTIQUE-STYLE HOTEL ACCOMMODATIONS IN MINNESOTA. OUR GUESTS PROVIDE POSITIVE SOCIAL INTERACTIONS AND MEANINGFUL EMPLOYMENT OPPORTUNITIES FOR OUR MEMBERS, SUCH AS TOUR GUIDES, CONCIERGE STAFF, HISTORIANS, BAKERS AND MUCH MORE. THE OVERNIGHT DONATIONS FROM GUESTS STAYING WITH US ALLOW US TO FINANCIALLY SUSTAIN OUR MISSION AND PAY WAGES TO OUR MEMBERS AND TEAM OF LIFE PLAN COACHES WHO SUPPORT THEM. AS INDICATED, OUR MEMBERS ARE DIRECTLY RESPONSIBLE FOR GENERATING GUEST DONATIONS BY LEADING AND ASSISTING WITH A VARIETY OF TOURS. THESE TOURS, AVAILABLE TO OUR GUESTS AND THE PUBLIC, INCLUDE HORSEBACK RIDING, A WILDLIFE EXCURSION, HIKING TOURS, COCKTAIL TOURS, SEGWAY TOURS, LIMO TOURS, AND MORE. PROVIDING MEANINGFUL EMPLOYMENT OPPORTUNITIES FOR YOUNG ADULTS ON THE AUTISM SPECTRUM IS THE CORE OF OUR MISSION, AND THE INCOME GENERATED BY THESE TOURS IS VITAL TO OUR SUSTAINABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn Nordberg CEO | Officer | 40 | $73,913 |
San Asato CFO | OfficerTrustee | 2 | $0 |
Dr Eric V Larsson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $92,458 |
| Related organizations | $0 |
| Government grants | $91,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $79,412 |
| Noncash contributions included in lines 1a–1f | $30,875 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $263,570 |
| Total Program Service Revenue | $1,164,190 |
| Investment income | $156 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,200 |
| Net Gain/Loss on Asset Sales | -$47,835 |
| Net Income from Fundraising Events | -$37,061 |
| Net Income from Gaming Activities | $7,685 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,359,045 |
| 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. | $73,900 |
| Compensation of current officers, directors, key employees. | $25,863 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $477,478 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $41,644 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,066 |
| Fees for services: Accounting | $11,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,221 |
| Advertising and promotion | $2,438 |
| Office expenses | $3,313 |
| Information technology | $7,492 |
| Royalties | $0 |
| Occupancy | $286,864 |
| Travel | $18,755 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,299 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $99,827 |
| Insurance | $38,841 |
| All other expenses | $27,706 |
| Total functional expenses | $1,264,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $546,831 |
| Savings and temporary cash investments | $2,501 |
| Pledges and grants receivable | $5,000 |
| Accounts receivable, net | $7,230 |
| 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 | $10,816 |
| Net Land, buildings, and equipment | $3,596,408 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,323 |
| Total assets | $4,211,109 |
| Accounts payable and accrued expenses | $74,415 |
| 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 | $5,916 |
| Secured mortgages and notes payable | $24,533 |
| Unsecured mortgages and notes payable | $55,898 |
| Other liabilities | $178,716 |
| Total liabilities | $339,478 |
| Net assets without donor restrictions | $3,871,631 |
| 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 | $4,211,109 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Eriks Ranch Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Lisa Stuart Schmoker Family Foundation Edina, MN PURPOSE: CHARITABLE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Comprehensive Systems Inc Charles City, IA | $6,739,515 | $18,627,852 |
Creative Community Living Services Inc Watertown, WI | $7,269,281 | $21,344,485 |
North Homes Inc Grand Rapids, MN | $21,495,147 | $20,438,205 |
Village Northwest Unlimited Sheldon, IA | $21,763,774 | $17,290,667 |
Wingspan Life Resources Saint Paul, MN | $13,987,956 | $12,754,382 |
Fraser Ltd Fargo, ND | $12,535,842 | $15,143,090 |
Mayflower Homes Inc Grinnell, IA | $23,673,082 | $8,598,573 |
St Ann Center For Intergenerational Care Inc Milwaukee, WI | $25,026,864 | $7,300,810 |
Christian Home Association Childrens Square U S A Council Bluffs, IA | $14,014,864 | $7,403,161 |
Iowa Odd Fellows And Orphans Home Mason City, IA | $11,105,448 | $7,729,461 |
American Lutheran Homes Inc Menomonie, WI | $8,577,253 | $8,199,187 |
United Retirement Center Brookings, SD | $9,279,217 | $6,878,493 |