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Triple R Ranch Inc

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

EIN: 541507218 ✦ Chesapeake, VA ✦ Designated as a 501(c)(3)

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Overview

What is Triple R Ranch Inc?

Triple R Ranch Inc, located in Chesapeake, Virginia, is a faith-based nonprofit organization primarily focused on hosting Christian summer camps and retreats. Their operations revolve around dedicating all expenses towards achieving their mission as a Christian retreat center. The organization provides a variety of programs and activities, aiming to serve individuals seeking spiritual growth and reflection in a tranquil environment.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star Rating

Triple R Ranch Inc has earned an overall score of 81%, reflecting solid performance in accountability and finance as well as exemplary leadership and adaptability. The organization boasts a high program expense ratio of 86.33%, indicating that a significant portion of its funds is allocated directly to its programs, which is a positive sign for donors concerned about program impact.

Strengths of Triple R Ranch Inc include a fully independent board, with 80% of its members being independent, and strong oversight mechanisms, such as regular audits and documented board meeting minutes. Their financial health is generally sound, although their liabilities to assets ratio of 53.47% suggests they have a substantial level of liabilities in comparison to their assets.

However, while the organization has demonstrated effective governance and program execution, the accountability score of 79 indicates that there may still be areas for improvement in financial management practices. Overall, the ratings suggest that Triple R Ranch Inc is a reputable nonprofit with a strong commitment to its mission and responsible financial practices.


This AI summary has been generated from information found on Charity Navigator.

Is Triple R Ranch Inc legitimate?

Triple R Ranch Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triple R 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: $65,340
Professional Fundraising Fees: $0
Other Salaries and Wages: $690,559

For more financial information, click here

What is the mission statement of Triple R Ranch Inc?

Triple R Ranch Inc's mission is centered around conducting Christian summer camps, retreats, and related activities. The organization is committed to channeling all its expenses towards realizing this mission, focusing on its role as a Christian camp and retreat center. The primary objective of Triple R Ranch Inc is to provide a spiritual environment for individuals, utilizing summer camps and retreats as platforms for spiritual growth and community building. The organization's activities are geared towards promoting faith and fostering a sense of community among its participants.

Who is the CEO of Triple R Ranch Inc?

Duane Plummer is the Executive Director of Triple R Ranch Inc.

What is the revenue of Triple R Ranch Inc?

Triple R Ranch Inc's revenue in 2022 was $1,442,442.

Who are the executives of Triple R Ranch Inc and what are their salaries?

The average compensation at Triple R Ranch Inc during 2022 was $6,872. There are 110 employees at Triple R Ranch Inc.


Here are 7 key members and their salaries:


D Duane Plummer (Executive Director)
  • Compensation: $65,340
  • Related: $0
  • Other: $0
Tom Gillikin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corryn Peters (Vice President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Strickland (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rusty Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Loen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clark Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Triple R Ranch Inc?

Triple R Ranch Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Triple R Ranch Inc

Triple R Ranch Inc is dedicated to conducting Christian summer camp programs, retreats, and related activities. The organization's primary focus is to direct all its expenses towards fulfilling its mission as a Christian camp and retreat. Triple R Ranch Inc strives to provide a nurturing environment that aligns with its Christian values, offering a wide range of activities and programs designed to inspire and enrich the spiritual lives of its participants.

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Impact




July, 2024

Triple R Ranch Inc has a significant impact on the community through its Christian camp and retreat programs. By offering a range of activities and experiences rooted in Christian values, the organization not only provides a fun and safe environment for participants but also helps build faith-based connections and relationships. Located in Chesapeake, VA, Triple R Ranch Inc plays a vital role in promoting spiritual growth and personal development among individuals of all ages. The camp's focus on recreation and retreats allows for participants to engage with nature, form lasting bonds, and deepen their understanding of faith in a unique and immersive setting. Triple R Ranch Inc's impact extends beyond its physical location to influence lives in positive and meaningful ways.




This information is meant to be a general summary of Triple R 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
$1,442,442 (2022)
Expenses
$1,743,106 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$76,714
  • Program Service Revenue: $1,174,849
  • Gross Receipts: $1,492,141

Assets and Liabilities:

  • Total Assets: $2,175,468
  • Total Liabilities: $1,163,313
  • Net Assets: $1,012,155

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Programs

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

Summer camp

Revenue

$708,637

Retreats

Revenue

$311,777

Horse Program

Revenue

$152,677

Activities

Revenue

$1,758

Organization Details

Founding Year

1960

Principal Officer

Duane Plummer

Main Address

3531 Bunch Walnuts Road, Chesapeake, VA, 23322

NTEE Category

Code: N20Z - Recreation

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