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Bit Of Hope Ranch Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263268114 ✦ Gastonia, NC ✦ Designated as a 501(c)(3)

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Overview

What is Bit Of Hope Ranch Inc?

Bit Of Hope Ranch Inc is a nonprofit organization situated in Gastonia, North Carolina. It operates primarily with a team of one dedicated individual. The ranch focuses on providing a range of services to help those in need, including mental health counseling, horse adoption, horse rental, education, and therapeutic riding. Their mission is to extend a helping hand to hurting children, families, and horses, utilizing equine-assisted therapies as a means to restore and revitalize. The ranch's equine-assisted therapies aim to provide a supportive environment for individuals to heal and grow.

Is Bit Of Hope Ranch Inc legitimate?

Bit Of Hope Ranch Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bit Of Hope Ranch Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $46,067
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Bit Of Hope Ranch Inc?

Bit of Hope Ranch Inc's mission is centered around providing mental health services to help heal hurting children, families, and horses. Through equine-assisted therapies, the organization aims to reach, rescue, and restore these individuals. Their activities encompass counseling, horse adoption and rental, education, and therapeutic riding services.

Who is the CEO of Bit Of Hope Ranch Inc?

Meg Vanderbilt is the Member of Bit Of Hope Ranch Inc.

What is the revenue of Bit Of Hope Ranch Inc?

Bit Of Hope Ranch Inc's revenue in 2022 was $405,206.

Who are the executives of Bit Of Hope Ranch Inc and what are their salaries?

The average compensation at Bit Of Hope Ranch Inc during 2022 was $46,067. There is 1 employee and 75 volunteers at Bit Of Hope Ranch Inc.


Here are 8 key members and their salaries:


Meg Vanderbilt (Member)
  • Compensation: $46,067
  • Related: $0
  • Other: $0
Josie Conner (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Jaeger (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Reidenouer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Robin Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Summey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emmaus Vanderbilt (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Vanderbilt (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bit Of Hope Ranch Inc?

Bit Of Hope Ranch Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bit Of Hope Ranch Inc

Bit of Hope Ranch Inc is dedicated to making a positive impact on hurting children, families, and horses. Their mission, as expressed in equine-assisted therapies, is to extend a helping hand, rescue those in need, and restore their well-being. The organization offers a range of mental health services to achieve this mission, including counseling, horse adoption, rental, education, and therapeutic riding. By integrating horses into their therapy programs, Bit of Hope Ranch Inc aims to provide a unique and effective approach to healing and transformation. The organization's goal is to help individuals overcome their challenges and rediscover hope, ultimately fostering personal growth and recovery.

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Impact




October, 2024

Bit Of Hope Ranch Inc profoundly impacts the lives of hurting children, families, and horses through equine-assisted therapies. By providing mental health services, the organization reaches individuals who may be struggling, offering them a unique pathway to healing and restoration.

The therapeutic programs include counseling, therapeutic riding, and educational services, all designed to foster emotional and psychological growth. These programs not only enhance mental well-being but also promote connections between humans and horses, harnessing the therapeutic benefits of these interactions.

Additionally, Bit Of Hope Ranch offers horse adoption and rental services, facilitating a supportive environment that extends beyond therapy. By rescuing and restoring horses in need, the ranch creates a sanctuary where both animals and humans can thrive, heal, and find hope together. The positive outcomes of these services reverberate throughout the Gastonia community and beyond, nurturing resilience and fostering a sense of belonging for all participants.




This information is meant to be a general summary of Bit Of Hope Ranch Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$405,206 (2022)
Expenses
$420,560 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $37
  • Program Service Revenue: $289,009
  • Gross Receipts: $405,206

Assets and Liabilities:

  • Total Assets: $382,312
  • Total Liabilities: $1,501
  • Net Assets: $380,811

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HORSE SERVICES

Revenue

$289,009

Organization Details

Founding Year

2008

Principal Officer

Meg Vanderbilt

Main Address

5001 CR WOOD ROAD, GASTONIA, NC, 28056

NTEE Category

Code: P80 - Human services

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