Abilene Boys Ranch Inc
- Assets
- $15.0m
- Revenue
- $1.4m
- Investments
- $2.1k
- Employees
- 20
- Location
- Abilene, TX
- Founding
- 10/1950
- Data as of
- 12/2021
- EIN
- 75-0948921
Organization Overview
Abilene Boys Ranch Inc is located in Abilene, TX. The organization was established in 1950. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2021, Abilene Boys Ranch Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abilene Boys 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, Abilene Boys Ranch Inc generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. 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
TO PROVIDE A SAFE HOME FOR AT-RISK BOYS AND SINGLE MOTHERS. THROUGH SPIRITUAL GUIDANCE, ACADEMIC ASSISTANCE,AND SKILLS TRAINING, WE ARE MOLDING RESPONSIBLE, SELF-SUFFICIENT CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SPIRITUAL GUIDANCE, ACADEMIC ASSISTANCE,AND SKILLS TRAINING FOR AT-RISK BOYS AND SINGLE MOTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry Fortune Executive Director | 40 | $119,921 | |
Rocky Champion President | OfficerTrustee | 1 | $0 |
Patrick Glover Secretary | OfficerTrustee | 1 | $0 |
Richard Wolfe Treasurer | OfficerTrustee | 1 | $0 |
Greg Blair Director | Trustee | 1 | $0 |
Robert A Howard Past President | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,405 |
| All other contributions, gifts, grants, and similar amounts not included above | $982,631 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $987,036 |
| Total Program Service Revenue | $0 |
| Investment income | $6,081 |
| 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 | $1,353,939 |
| 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. | $119,921 |
| Compensation of current officers, directors, key employees. | $29,980 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $601,683 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $139,288 |
| Payroll taxes | $55,621 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,057 |
| Advertising and promotion | $6,147 |
| Office expenses | $22,903 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $89,712 |
| Travel | $10,157 |
| 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 | $296,108 |
| Insurance | $130,947 |
| All other expenses | $94,180 |
| Total functional expenses | $1,793,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $477,195 |
| Savings and temporary cash investments | $824,051 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,229 |
| 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 | $70,630 |
| Net Land, buildings, and equipment | $3,250,786 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,130 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,413,291 |
| Total assets | $15,039,312 |
| Accounts payable and accrued expenses | $44,230 |
| 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 | $28,506 |
| Other liabilities | $0 |
| Total liabilities | $72,736 |
| Net assets without donor restrictions | $14,227,630 |
| Net assets with donor restrictions | $738,946 |
| 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 | $15,039,312 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Abilene Boys Ranch Inc has recieved totaling $14,470.
| Awarding Organization | Amount |
|---|---|
Food Bank Of Abilene Inc Abilene, TX PURPOSE: Nutritional Assistance | $9,870 |
Joe E Davis Foundation Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $4,600 |
Endowment Analysis
| Beg. Balance | $129,470 |
| Ending Balance | $129,470 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marbridge Foundation Inc Manchaca, TX | $30,327,535 | $20,296,302 |
Central State Community Services Oklahoma Inc Tulsa, OK | $7,573,561 | $18,181,483 |
Holy Angels Residential Facility Shreveport, LA | $10,678,047 | $18,384,727 |
Hill Country Youth Ranch Ingram, TX | $62,476,710 | $17,017,718 |
Roy Maas Youth Alternatives Inc San Antonio, TX | $5,243,820 | $14,223,910 |
Oklahoma Baptist Homes For Children Inc Oklahoma City, OK | $118,462,947 | $17,899,757 |
Evergreen Presbyterian Ministries Of Texas Inc Haughton, LA | $7,845,590 | $11,531,814 |
Independent Living Services Inc Conway, AR | $17,341,970 | $13,877,516 |
Helping Hand Home For Children Austin, TX | $22,485,765 | $11,747,778 |
Think Ability Inc Duncan, OK | $6,836,025 | $8,921,132 |
Tulsa Boys Home Tulsa, OK | $31,491,563 | $7,908,546 |
Vita Living Inc Houston, TX | $3,902,030 | $8,421,114 |