Covenant Ranch Inc
- Assets
- $1.5m
- Revenue
- $342.5k
- Investments
- $0.0
- Employees
- 6
- Location
- Paris, TN
- Founding
- 01/1997
- Data as of
- 12/2021
- EIN
- 62-1652166
Organization Overview
Covenant Ranch Inc is located in Paris, TN. The organization was established in 1997. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. As of 12/2021, Covenant Ranch Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covenant 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, Covenant Ranch Inc generated $342.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $181.1k during the year ending 12/2021. While expenses have increased by 4.2% 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
COVENANT RANCH PROVIDES A RETREAT FOR CHILDREN AND ADULTS FOR THE PURPOSE OF EDUCATION, REST, AND RELAXATION IN A CHRISTIAN ATMOSPHERE. THE ORGANIZATION OFFERS CAMPS WITH A CHRISTIAN ATMOSPHERE FOR CHILDREN WHO MAY BE FROM BROKEN HOMES. THE CAMPS EMPHASIZE THE OUTDOORS, WILDLIFE, AND CHRISTIAN LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COVENANT RANCH PROVIDES A RETREAT FOR CHILDREN AND ADULTS FOR THE PURPOSE OF EDUCATION, REST, AND RELAXATION IN A CHRISTIAN ATMOSHPERE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles P Willson President | OfficerTrustee | 2 | $0 |
Ben Sherard Secretary/treasurer | OfficerTrustee | 1 | $0 |
David Sullivan Vice President | OfficerTrustee | 0.5 | $0 |
Jon Paul Moody Exec. Director | Officer | 40 | $0 |
Chad Wilson Director | Trustee | 0.5 | $0 |
James Travis Director | Trustee | 0.5 | $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 | $243,188 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $243,188 |
| Total Program Service Revenue | $62,529 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,314 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $758 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $342,465 |
| 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. | $52,747 |
| Compensation of current officers, directors, key employees. | $26,373 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,697 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,400 |
| Payroll taxes | $5,103 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $1,102 |
| Office expenses | $527 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,202 |
| Travel | $1,000 |
| 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 | $34,614 |
| Insurance | -$5,483 |
| All other expenses | $1,704 |
| Total functional expenses | $181,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $466,365 |
| 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 | $1,011,412 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,477,777 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,477,777 |
| 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 | $1,477,777 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Covenant Ranch Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Charles P Wilson Foundation Inc Paris, TN PURPOSE: CHRIST CENTERED ACTIVITIES/RETREAT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifeline Childrens Services Inc Birmingham, AL | $5,315,386 | $13,427,614 |
Shaohannahs Hope Inc Franklin, TN | $15,328,618 | $10,121,458 |
Harmony Family Center Inc Knoxville, TN | $2,827,338 | $6,099,153 |
Kids To Love Foundation Madison, AL | $5,050,870 | $4,234,902 |
Open Door Adoption Agency Inc Thomasville, GA | $2,770,172 | $1,438,862 |
Sacred Selections Murfreesboro, TN | $2,145,758 | $2,474,312 |
New Beginnings International Children And Family Services Tupelo, MS | $1,113,349 | $1,220,043 |
Shared Beginnings Fayetteville, AR | $298,271 | $1,175,777 |
Ordinary Hero Foundation Inc Brentwood, TN | $310,762 | $1,112,744 |
National Council For Adoption Alexandria, VA | $1,556,052 | $937,635 |
Christian Family Services Inc Webster Groves, MO | $1,417,871 | $1,074,925 |
Carolina Adoption Services Inc Greensboro, NC | $224,647 | $630,565 |