Majestic Hills Ranch Foundation
- Assets
- $3.9m
- Revenue
- $490.1k
- Investments
- $0.0
- Employees
- 14
- Location
- Lakeville, MN
- Founding
- 04/1999
- Data as of
- 12/2022
- EIN
- 91-1839509
Organization Overview
Majestic Hills Ranch Foundation is located in Lakeville, MN. The organization was established in 1999. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 12/2022, Majestic Hills Ranch Foundation employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Majestic Hills Ranch Foundation 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 12/2022, Majestic Hills Ranch Foundation generated $490.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $533.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CHILDREN & YOUNG ADULTS WITH SPECIAL NEEDS AND INJURED MILITARY PERSONNEL, ACTIVE DUTY AND VETERANS IN REHABILITATION, THE OPPORTUNITY TO ACHIEVE A SENSE OF FREEDOM, ACCOMPLISHMENT, AND SELF-ESTEEM WHILE GIVING THEIR FAMILIES HOPE THROUGH THERAPEUTIC RIDING AND EQUINE ASSISTED ACTIVITIES.
Describe the Organization's Program Activity:
PROVIDE EQUINE-ASSISTED ADAPTIVE SERVICES TO HELP INDIVIDUALS WITH CHALLENGES/INJURIES/DISABILITIES GROW AND HEAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Johnson Executive Di | OfficerTrustee | 40 | $57,885 |
Karen Howard Chair | OfficerTrustee | 1 | $0 |
Jeff Johnson Secretary | OfficerTrustee | 0.25 | $0 |
Carol Meagher Treasurer | OfficerTrustee | 4 | $0 |
Michael Evers Vice Preside | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,342 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $195,776 |
| Noncash contributions included in lines 1a–1f | $11,660 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $216,118 |
| Total Program Service Revenue | $222,682 |
| Investment income | $75 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $32,400 |
| Net Gain/Loss on Asset Sales | -$215 |
| Net Income from Fundraising Events | $16,982 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $490,070 |
| 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. | $57,885 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $154,422 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,887 |
| Payroll taxes | $17,722 |
| 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 | $9,385 |
| Advertising and promotion | $1,940 |
| Office expenses | $5,957 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,671 |
| Travel | $814 |
| 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 | $89,634 |
| Insurance | $23,807 |
| All other expenses | $30,278 |
| Total functional expenses | $533,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,859 |
| Savings and temporary cash investments | $139,686 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,758 |
| 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 | $29,200 |
| Net Land, buildings, and equipment | $3,632,161 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,949,664 |
| Accounts payable and accrued expenses | $4,889 |
| 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 | $4,889 |
| Net assets without donor restrictions | $3,893,775 |
| Net assets with donor restrictions | $51,000 |
| 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 | $3,949,664 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Majestic Hills Ranch Foundation has recieved totaling $600.
| Awarding Organization | Amount |
|---|---|
182210 Pgn Foundation Las Vegas, NV PURPOSE: GENERAL PURPOSE | $600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childserve Habilitation Center Inc Johnston, IA | $49,396,260 | $29,761,825 |
Easter Seals Goodwill Nd Inc Mandan, ND | $23,180,741 | $16,751,382 |
Polinsky Medical Rehabilitation Center Duluth, MN | $14,309,459 | $11,135,682 |
Easter Seal Society Of Iowa Inc Des Moines, IA | $17,196,874 | $13,866,049 |
Childserve Therapy Inc Johnston, IA | $4,685,034 | $11,686,257 |
Society For Immunotherapy Of Cancer Inc Milwaukee, WI | $21,926,685 | $14,185,558 |
Curative Care Network Inc Milwaukee, WI | $49,016,234 | $11,678,469 |
Versiti Blood Research Institute Foundation Inc Milwaukee, WI | $111,661,539 | $23,540,947 |
Penfield Childrens Center Milwaukee, WI | $6,491,693 | $8,793,397 |
Rcs Empowers Inc Sheboygan, WI | $23,165,945 | $7,747,262 |
Eden Rehabilitation Suites And Green House Homes Inc Oshkosh, WI | $8,070,455 | $4,689,329 |
Lakeside Curative Services Inc Racine, WI | $6,268,047 | $4,983,310 |