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Cal Farley's Boys Ranch Foundation

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

EIN: 751080987 ✦ Amarillo, TX ✦ Designated as a 501(c)(3)

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Overview

What is Cal Farley's Boys Ranch Foundation?

Cal Farley's Boys Ranch Foundation is a nonprofit organization dedicated to financially supporting Cal Farley's, a 501(c)(3) charity based in Amarillo, Texas. The foundation invests and reinvests funds, properties, and other valuable donations to assist Cal Farley's in its mission. Cal Farley's is renowned for its professional programs and Christ-centered atmosphere, which strengthens families and fosters overall development of children. It offers residential childcare at no cost to families, providing group homes for children from preschool through high school. The organization provides a range of academic, vocational, spiritual, and extracurricular activities to help children become responsible and resilient young people. During the 2021-2022 fiscal year, Cal Farley's served 170 children in residence.


Official website here: www.calfarley.org

What are the reviews and ratings of this charity?

The Cal Farley's Boys Ranch Foundation is not currently rated by Charity Navigator due to a lack of available data across several evaluation metrics such as Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability. This absence of rating should not be interpreted as either positive or negative, as the organization might not have submitted the necessary data or might not yet be reviewed under those categories.

Information on revenue, expenses, and salary for key positions is available, demonstrating a level of transparency with financial data. The foundation operates independently and supports other described charitable organizations. Key personnel like the CEO/President and Vice President have disclosed salaries, which indicates some level of fiscal accountability.

However, more comprehensive assessments covering areas such as leadership effectiveness and community impact are lacking. Without this data, potential donors or stakeholders may find it challenging to fully evaluate the efficacy and benefits of their support to this foundation. There are currently no user reviews on GreatNonprofits to provide additional insights or feedback from the community.


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

Is Cal Farley's Boys Ranch Foundation legitimate?

Cal Farley's Boys Ranch Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cal Farley's Boys Ranch Foundation 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: $0

For more financial information, click here


Official website here: www.calfarley.org

What is the mission statement of Cal Farley's Boys Ranch Foundation?

Cal Farley's Boys Ranch Foundation supports Cal Farley's, a non-profit organization that provides professional programs and services in a faith-based environment, strengthening families and fostering the overall development of children. The foundation receives donations and invests them to financially sustain Cal Farley's, which offers residential care free of charge. Children from preschool through high school live in group homes and engage in academic, vocational, spiritual, and extracurricular activities. In the 2021-2022 fiscal year, the organization served 170 children in residence. The foundation's role is to reinvest funds, properties, and other valuable contributions to financially back Cal Farley's mission.


Official website here: www.calfarley.org

Who is the CEO of Cal Farley's Boys Ranch Foundation?

Richard Nedelkoff is the President (Beg. June 2022) of Cal Farley's Boys Ranch Foundation.


Official website here: www.calfarley.org

What is the revenue of Cal Farley's Boys Ranch Foundation?

Cal Farley's Boys Ranch Foundation's revenue in 2022 was $39,306,291.


Official website here: www.calfarley.org

Who are the executives of Cal Farley's Boys Ranch Foundation and what are their salaries?

There 7 volunteers at Cal Farley's Boys Ranch Foundation.


Here are 11 key members and their salaries:


Mark Strother (Interim President (Thru June 2022))
  • Compensation: $0
  • Related: $196,155
  • Other: $16,939
Richard Nedelkoff (President (Beg. June 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Bonner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Ruthart (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rod Schroder (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Attebury (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Purcell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malcolm Shelton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Johnson (Vice President)
  • Compensation: $0
  • Related: $151,152
  • Other: $14,428
Dan Adams (President (Thru Aug 2021))
  • Compensation: $0
  • Related: $276,847
  • Other: $16,107


Official website here: www.calfarley.org

Where can I find the form 990 for Cal Farley's Boys Ranch Foundation?

Cal Farley's Boys Ranch Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.calfarley.org

Learn more at the official website: www.calfarley.org

Mission Statement of Cal Farley's Boys Ranch Foundation

Cal Farley's Boys Ranch Foundation is a charitable organization dedicated to supporting Cal Farley's, a 501(c)(3) institution that strengthens families and fosters the overall development of children. In a nurturing and faith-based environment, Cal Farley's provides residential care to children from pre-school through high school, free of charge for their families. The children reside in group homes and engage in a diverse range of academic, vocational, spiritual, and extracurricular activities, helping them grow into responsible and resilient young people.

Cal Farley's Boys Ranch Foundation focuses on raising funds for the organization through investments, reinvestments, and donations of value. By doing so, it ensures the continued success and prosperity of Cal Farley's, which has been instrumental in providing professional programs and services to children and families in need. The foundation's efforts enable Cal Farley's to make a positive impact on the lives of over 170 children annually, offering them a safe and supportive environment as they navigate their developmental journeys.

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Impact




October, 2024

Cal Farley's Boys Ranch Foundation significantly impacts the lives of children and families by supporting Cal Farley's Boys Ranch, which offers essential programs and services in a nurturing, Christ-centered environment. The foundation facilitates access to residential childcare at no cost to families, enabling children from preschool to high school to thrive in group homes. These children benefit from a comprehensive range of academic, vocational, spiritual, and extracurricular activities designed to foster their overall development into responsible and resilient young adults.

In the fiscal year 2021-2022 alone, Cal Farley's organization successfully served 170 children, providing them with essential support during critical developmental years. By investing and reinvesting valuable contributions, properties, and funds, the foundation ensures ongoing financial assistance to this vital institution, strengthening families and promoting the welfare of youth in the community. Through these efforts, the foundation plays a crucial role in empowering children to overcome challenges and achieve their full potential.




This information is meant to be a general summary of Cal Farley's Boys Ranch Foundation. 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
$39,306,291 (2022)
Expenses
$18,753,915 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32,577,222
  • Gross Receipts: $228,432,070

Assets and Liabilities:

  • Total Assets: $353,153,021
  • Total Liabilities: $17,767,024
  • Net Assets: $335,385,997

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Organization Details

Founding Year

1960

Principal Officer

Richard Nedelkoff

Main Address

PO BOX 1890, AMARILLO, TX, 79105

NTEE Category

Code: P110 - Human services

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