Heartland Ranch Inc
- Assets
- $2.3m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 72
- Location
- Benson, MN
- Founding
- 11/1992
- Data as of
- 12/2023
- EIN
- 41-1723574
Organization Overview
Heartland Ranch Inc is located in Benson, MN. The organization was established in 1992. 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 12/2023, Heartland Ranch Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heartland 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, Heartland Ranch Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. While expenses have increased by 1.2% per year over the past 9 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
PROVIDE STRENGTH-BASED, TRAUMA-INFORMED SERVICES AND THERAPEUTIC EQUINE PROGRAMMING IN A SAFE AND SUPPORTIVE ENVIRONMENT THAT EMPOWERS GIRLS TO EXPERIENCE SUCCESS AND IMPROVE THEIR LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AIDED UP TO THIRTY FOUR TEENAGE GIRLS AT A TIME IN PROVIDING A SUPPORTIVE, STRUCTURED ENVIRONMENT TO LEARN TO MAKE RESPONSIBLE CHOICES AND BECOME SUCCESSFUL YOUNG WOMEN.
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 |
|---|---|---|---|
Jeannie Thompson CEO | Officer | 40 | $108,250 |
Kim Collin Director | Trustee | 0.25 | $0 |
Dan Enderson Chair | OfficerTrustee | 0.25 | $0 |
Jim Flower Director | Trustee | 0.25 | $0 |
Ian Hodge Vice Chair | OfficerTrustee | 0.25 | $0 |
Brenda Jensen Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $300,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,969 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $312,969 |
| Total Program Service Revenue | $2,502,050 |
| Investment income | $1,341 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,550 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,884,780 |
| 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. | $108,250 |
| Compensation of current officers, directors, key employees. | $108,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,664,582 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $188,139 |
| Payroll taxes | $130,467 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,212 |
| Office expenses | $9,969 |
| Information technology | $37,565 |
| Royalties | $0 |
| Occupancy | $73,022 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $94,929 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $128,567 |
| Insurance | $171,158 |
| All other expenses | $47,447 |
| Total functional expenses | $2,984,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,757 |
| Savings and temporary cash investments | $136,057 |
| Pledges and grants receivable | $21,149 |
| Accounts receivable, net | $229,178 |
| 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 | $75,469 |
| Net Land, buildings, and equipment | $1,694,633 |
| Investments—publicly traded securities | $4,891 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,126 |
| Other assets | $63,345 |
| Total assets | $2,270,605 |
| Accounts payable and accrued expenses | $103,794 |
| 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 | $1,323,055 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $57,898 |
| Total liabilities | $1,484,747 |
| Net assets without donor restrictions | $785,858 |
| 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 | $2,270,605 |