Overview
What is Lake Forest Ranch Inc?
Lake Forest Ranch Inc, located in Macon, Mississippi, is a nonprofit organization primarily dedicated to planning and developing numerous camps and retreats, primarily focusing on nurturing and reinforcing Christian values among youth. Their mission encompasses furthering religious and charitable purposes, primarily through youth-oriented activities, such as summer camps and retreats. With a workforce of 74 individuals, they aim to provide a conducive environment for personal growth and spiritual development, fostering a sense of community and shared values.
Official website here: www.lakeforestranch.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating. This rating indicates that while Lake Forest Ranch Inc demonstrates some strengths in accountability and financial health, there are notable areas for improvement, particularly in governance policies and practices.
The organization showcases a strong commitment to program expenses, with a program expense ratio of 94.32%, indicating that the majority of its funds are directed towards its mission-related activities. Additionally, it has an independent board with full points awarded for board member independence and size, which reflects a solid governance structure in those respects. The organization also scores well on material diversion of assets and the liabilities to assets ratio, suggesting financial stability.
However, areas of concern include a lack of a conflict of interest policy, a whistleblower policy, and inadequate document retention practices, each receiving zero points. These deficiencies may raise questions about the organization's transparency and governance effectiveness. Addressing these limitations could enhance its overall rating and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Forest Ranch Inc legitimate?
Lake Forest Ranch Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Forest 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $429,926
For more financial information, click here
Official website here: www.lakeforestranch.com
What is the mission statement of Lake Forest Ranch Inc?
Lake Forest Ranch Inc's mission is centered around promoting religious and Christian education, as well as charitable purposes. They achieve this goal through engaging youth-oriented activities, such as organizing summer camps and retreats. The primary focus of these events is to foster and strengthen Christian values in the participants. The organization is actively involved in the planning and development of numerous camps and retreats, primarily for youth.
Official website here: www.lakeforestranch.com
Who is the CEO of Lake Forest Ranch Inc?
Nick Hall is the Chairman of Lake Forest Ranch Inc.
Official website here: www.lakeforestranch.com
What is the revenue of Lake Forest Ranch Inc?
Lake Forest Ranch Inc's revenue in 2022 was $1,544,161.
Official website here: www.lakeforestranch.com
Who are the executives of Lake Forest Ranch Inc and what are their salaries?
The average compensation at Lake Forest Ranch Inc during 2022 was $5,810. There are 74 employees at Lake Forest Ranch Inc.
Here are 11 key members and their salaries:
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Official website here: www.lakeforestranch.com
Where can I find the form 990 for Lake Forest Ranch Inc?
Lake Forest Ranch Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakeforestranch.com
Learn more at the official website: www.lakeforestranch.com
Mission Statement of Lake Forest Ranch Inc
Lake Forest Ranch Inc, a nonprofit organization, is dedicated to fostering religious and Christian education, as well as charitable purposes. They achieve this mission through youth-oriented activities, primarily summer camps and retreats. The primary focus of Lake Forest Ranch Inc is the planning and development of these camps and retreats, with the goal of building and strengthening Christian values in the attendees. By providing a setting for young individuals to engage in faith-based activities, the organization aims to contribute to their personal growth and spiritual development.
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Impact
July, 2024
Lake Forest Ranch Inc's impact is seen in the planning and development of numerous summer camps and retreats, primarily for youth, focused on building and strengthening Christian values. Through these activities, the organization furthers religious and Christian education while also serving charitable purposes. Their work in providing youth-oriented camps and retreats contributes to the spiritual growth and development of young individuals, helping instill important values and teachings in the next generation.
This information is meant to be a general summary of Lake Forest 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,946
- Program Service Revenue: $1,086,195
- Gross Receipts: $1,544,161
Assets and Liabilities:
- Total Assets: $2,712,563
- Total Liabilities: $61,442
- Net Assets: $2,651,121
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAMPER'S FEES
Revenue
$722,003
RENTAL FEES
Revenue
$271,596
STORE SALES
Revenue
$64,036
RETREATS
Revenue
$28,560
Organization Details
Founding Year
1962
Phone
(662) 726-5052Principal Officer
Nick Hall
Main Address
5326 LAKE FOREST ROAD, MACON, MS, 39341
Website
www.lakeforestranch.comNTEE Category
Code: N20 - Recreation
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