Overview
What is Watersprings Ranch Inc?
Watersprings Ranch Inc is a nonprofit organization situated in Texarkana, Arkansas (7707 Sanderson Ln). Their primary mission is to offer healing and restoration to children who have suffered abuse, abandonment, or neglect. By embracing God's love and grace, the organization aims to break the cycle of hopelessness and fear, ultimately transforming the children's futures and disrupting negative patterns. With a dedicated team of 25 employees, Watersprings Ranch Inc strives to provide a nurturing environment, offering hope and healing to these vulnerable children.
Official website here: www.waterspringsranch.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (67%)
Watersprings Ranch Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 67%. This rating indicates that while the organization demonstrates some accountability and financial health, there are significant areas needing improvement. The charity has performed well in areas such as having a majority of independent board members and a strong program expense ratio, showing a commitment to its mission.
However, notable weaknesses include the absence of essential policies like a conflict of interest policy, whistleblower policy, and document retention and destruction policies, which are critical for ensuring proper governance and transparency. Additionally, the organization has not made its financial statements available, which limits donors' ability to assess its financial practices fully.
Overall, while Watersprings Ranch Inc does allocate a substantial portion of its expenses directly to programs, the lack of certain governance practices and transparency measures may raise concerns for potential donors. Improvements in these areas could enhance both the organization's rating and trust with its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Watersprings Ranch Inc legitimate?
Watersprings Ranch Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watersprings 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: $117,307
Professional Fundraising Fees: $0
Other Salaries and Wages: $389,772
For more financial information, click here
Official website here: www.waterspringsranch.org
What is the mission statement of Watersprings Ranch Inc?
Watersprings Ranch Inc's mission is centered around offering healing and restoration to children who have experienced abuse, abandonment, or neglect. They achieve this goal through the power of God's love and grace. The organization's staff is committed to breaking the cycle of hopelessness and fear that often accompanies such experiences. By instilling a sense of God's unconditional love in these children, the organization aims to transform their futures, interrupting and ultimately breaking negative patterns in their lives.
Official website here: www.waterspringsranch.org
Who is the CEO of Watersprings Ranch Inc?
David Whatley is the President of Watersprings Ranch Inc.
Official website here: www.waterspringsranch.org
What is the revenue of Watersprings Ranch Inc?
Watersprings Ranch Inc's revenue in 2022 was $1,560,373.
Official website here: www.waterspringsranch.org
Who are the executives of Watersprings Ranch Inc and what are their salaries?
The average compensation at Watersprings Ranch Inc during 2022 was $20,283. There are 25 employees and 10 volunteers at Watersprings Ranch Inc.
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Official website here: www.waterspringsranch.org
Where can I find the form 990 for Watersprings Ranch Inc?
Watersprings Ranch Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.waterspringsranch.org
Learn more at the official website: www.waterspringsranch.org
Mission Statement of Watersprings Ranch Inc
Watersprings Ranch Inc is committed to offering healing and restoration to children who have endured abuse, abandonment, or neglect. Their mission is rooted in the belief that God's love and grace can bring about significant change in these children's lives, breaking the cycle of despair and fear that often accompanies their past experiences. The organization's staff works diligently to foster an environment where these children can accept and embrace God's unconditional love, thereby transforming their futures and interrupting and breaking negative patterns. By providing a nurturing and supportive environment, Watersprings Ranch Inc aims to help these children overcome the traumas of their past and build a brighter future.
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Impact
July, 2024
Watersprings Ranch Inc's impact is profound in providing healing and restoration for children who have experienced abuse, neglect, or abandonment. By focusing on breaking generational cycles of hopelessness and fear, the organization offers a safe space where children can receive God's unconditional love and grace. Through this approach, Watersprings Ranch Inc plays a crucial role in changing the futures of these children and interrupting negative patterns. The organization's dedication to providing housing and support in TEXARKANA, AR, showcases its commitment to transforming the lives of vulnerable children in need.
This information is meant to be a general summary of Watersprings 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: $33
- Gross Receipts: $1,560,373
Assets and Liabilities:
- Total Assets: $5,010,006
- Total Liabilities: $287,368
- Net Assets: $4,722,638
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Organization Details
Founding Year
1988
Phone
(870) 772-7187Principal Officer
David Whatley
Main Address
7707 SANDERSON LN, TEXARKANA, AR, 71854
Website
www.waterspringsranch.orgNTEE Category
Code: L00 - Housing
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