Overview
What is Abilene Boys Ranch Inc?
Abilene Boys Ranch Inc, located in Abilene, Texas, is a nonprofit organization committed to offering a secure environment for at-risk boys and single mothers. Their mission is twofold: to provide spiritual guidance and nurture personal growth. They achieve this by offering academic assistance and honing essential skills, ultimately molding these individuals into responsible, self-reliant citizens. With a dedicated team of 23 employees, they offer a safe haven and essential support to those in need.
Official website here: www.benrichey.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Abilene Boys Ranch Inc has received an 84% rating from Charity Navigator, indicating a solid level of accountability and finance management. This rating is primarily derived from its Accountability & Finance score, which reflects the organization's transparency and effective use of resources. The charity demonstrates a commendable commitment to financial stability, evidenced by a healthy liabilities to assets ratio of 0.56% and a program expense ratio of 81.81%, indicating that a significant portion of its expenses are directed towards its programs.
The organization benefits from a fully independent board, with 100% of its members being independent and a substantial board size of 22 members. This structure supports robust governance, which is critical for maintaining donor trust and ensuring the organization's mission is effectively pursued. However, there are notable gaps in compliance, as Abilene Boys Ranch Inc lacks critical policies such as Conflict of Interest and Whistleblower policies, as well as a document retention policy.
While the organization's financial practices appear sound, the absence of certain governance documents may present challenges in transparency and accountability. Overall, the charity shows strong financial health and governance structures but should address the noted policy deficiencies to enhance its operational effectiveness and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Abilene Boys Ranch Inc legitimate?
Abilene Boys Ranch Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abilene Boys 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
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Other Salaries and Wages: $677,963
For more financial information, click here
Official website here: www.benrichey.org
What is the mission statement of Abilene Boys Ranch Inc?
Abilene Boys Ranch Inc's mission is centered around offering a secure living environment for at-risk boys and single mothers. Through spiritual guidance, educational support, and skill development, their objective is to foster the growth of responsible and self-sufficient individuals. The organization's activities aim to instill a sense of responsibility and self-reliance in the individuals under their care.
Official website here: www.benrichey.org
Who is the CEO of Abilene Boys Ranch Inc?
Rocky Champion is the President of Abilene Boys Ranch Inc.
Official website here: www.benrichey.org
What is the revenue of Abilene Boys Ranch Inc?
Abilene Boys Ranch Inc's revenue in 2022 was $1,809,493.
Official website here: www.benrichey.org
Who are the executives of Abilene Boys Ranch Inc and what are their salaries?
The average compensation at Abilene Boys Ranch Inc during 2022 was $29,477. There are 23 employees at Abilene Boys Ranch Inc.
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Official website here: www.benrichey.org
Where can I find the form 990 for Abilene Boys Ranch Inc?
Abilene Boys Ranch Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.benrichey.org
Learn more at the official website: www.benrichey.org
Mission Statement of Abilene Boys Ranch Inc
Abilene Boys Ranch Inc, a nonprofit organization, is committed to offering a secure environment for at-risk boys and single mothers. Through its mission, the organization aims to shape responsible and self-sufficient individuals. By providing spiritual guidance, academic assistance, and skills training, Abilene Boys Ranch Inc strives to foster personal growth and development in these vulnerable groups. The nonprofit's approach is holistic, addressing the spiritual, educational, and practical needs of its residents, thereby empowering them to lead fulfilling and independent lives.
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Impact
July, 2024
Abilene Boys Ranch Inc is making a significant impact by providing a safe home for at-risk boys and single mothers. Through their focus on spiritual guidance, academic assistance, and skills training, they are actively molding responsible, self-sufficient citizens. Their dedication to offering support and resources to those in need in Abilene, Texas is commendable and is positively impacting the lives of individuals within their community.
This information is meant to be a general summary of Abilene Boys 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: $10,557
- Gross Receipts: $1,809,493
Assets and Liabilities:
- Total Assets: $13,466,008
- Total Liabilities: $77,873
- Net Assets: $13,388,135
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Organization Details
Founding Year
1947
Phone
(325) 692-2500Principal Officer
Rocky Champion
Main Address
PO Box 6839, Abilene, TX, 79608
Website
www.benrichey.orgNTEE Category
Code: P730 - Human services
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