Civic Intelligence

Bit of Hope Ranch Inc

990 • Fiscal year 2016 • EIN 26-3268114

Jan 01, 2016 to Dec 31, 2016 • Filed on May 09, 2017

5001 CR Wood RdGastonia, NC 28056

(704) 862-0095

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

2016 filings • NTEE P80 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

0.99x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • NTEE P80 • <$500k nonprofits • Source year 2016

Net Margin

86th percentile

39%

Higher net margin than 86% of similar nonprofits.

2016 filings • NTEE P80 • <$500k nonprofits • Source year 2016

Top Officer Pay

83rd percentile

$30,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

2016 filings • NTEE P80 • <$500k nonprofits • Source year 2016

Asset Growth

14th percentile

-37%

Faster asset growth than 14% of similar nonprofits.

2016 filings • NTEE P80 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

74th percentile

24%

Faster revenue growth than 74% of similar nonprofits.

2016 filings • NTEE P80 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$202,780

Down $119,267 (-37%) from 2015

Net Assets

Down

$0

Down $159,888 (-100%) from 2015

Liabilities

Up

$202,780

Up $40,621 (+25%) from 2015

Revenue

Up

$205,713

Up $39,334 (+24%) from 2015

Expenses

Down

$125,705

Down $34,183 (-21%) from 2015

Net Income

Up

$80,008

Up $73,517 (+1133%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2015: $322,047Liabilities 2015: $162,159Net Assets 2015: $159,8882015Assets 2016: $202,780Liabilities 2016: $202,780Net Assets 2016: $02016Assets 2017: $218,350Liabilities 2017: $218,350Net Assets 2017: $02017Assets 2018: $162,474Liabilities 2018: $162,474Net Assets 2018: $02018Assets 2019: $269,139Liabilities 2019: $269,139Net Assets 2019: $02019Assets 2020: $323,266Liabilities 2020: $323,266Net Assets 2020: $02020Assets 2021: $396,165Liabilities 2021: $396,165Net Assets 2021: $02021Assets 2022: $382,312Liabilities 2022: $1,501Net Assets 2022: $380,8112022Assets 2023: $399,417Liabilities 2023: $7,367Net Assets 2023: $392,0502023Assets 2024: $248,871Liabilities 2024: $9,650Net Assets 2024: $239,2212024

Highlighted filing

2016

Assets$202,780
Liabilities$202,780
Net Assets$0

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2015: $166,379Expenses 2015: $159,888Net Income 2015: $6,4912015Revenue 2016: $205,713Expenses 2016: $125,705Net Income 2016: $80,0082016Revenue 2017: $214,082Expenses 2017: $196,686Net Income 2017: $17,3962017Revenue 2018: $251,769Expenses 2018: $222,905Net Income 2018: $28,8642018Revenue 2019: $293,511Expenses 2019: $275,254Net Income 2019: $18,2572019Revenue 2020: $350,182Expenses 2020: $294,616Net Income 2020: $55,5662020Revenue 2021: $475,499Expenses 2021: $403,160Net Income 2021: $72,3392021Revenue 2022: $405,206Expenses 2022: $420,560Net Income 2022: -$15,3542022Revenue 2023: $435,956Expenses 2023: $424,533Net Income 2023: $11,4232023Revenue 2024: $428,244Expenses 2024: $582,030Net Income 2024: -$153,7862024

Highlighted filing

2016

Revenue$205,713
Expenses$125,705
Net Income$80,008
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 9, 2017
Return Version
2016v3.0
Gross Receipts
$205,713
Mission and Program Overview

Mission

Equine assisted therapies Bit of Hope Ranch exists to reach, rescue and restore hurting children, families and horses by offering mental health services.

Equine assisted therapies bit of hope ranch exists to reach,rescue and restore hurting children, families and horses by offering mental health services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$112,693-
Savings and Temporary Cash Investments-$68,714-
Cash and Non-Interest-Bearing Accounts-$13,173-
Pledges and Grants Receivable-$6,296-
Accounts Receivable-$1,904-
Total Assets$0$202,780▲ $202,780
Liabilities
Deferred Revenue-$198,631-
Accounts Payable and Accrued Expenses-$4,149-
Total Liabilities$0$202,780▲ $202,780
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$202,780▲ $202,780

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,819$162,159$175,978
Other Land Buildings$49,774-$49,774
Equipment$49,100-$49,100
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Meg VanderbiltMemberFT$30,000$30,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$134,904
Program Service Revenue
$70,742
Investment Income
$6
Other Revenue
$61
All Other Contributions
$62,154
Change in Net Assets
$80,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$93,368
Salaries, Compensation, and Employee Benefits$32,337
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$34,951$5,080$0$40,031
Current Officers, Directors, Trustees, and Key Employees$0$30,000$0$30,000
Insurance$12,153$0$0$12,153
Occupancy$9,154$0$0$9,154
Advertising$0$4,467$0$4,467
Fees for Services Accounting$0$4,350$0$4,350
Office Expenses$0$4,179$0$4,179
Other Expenses$1,400$1,100$0$2,500
Payroll Taxes$0$2,337$0$2,337
Total Functional Expenses$67,919$57,786$0$125,705
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Bit of Hope Ranch Inc
EIN
26-3268114
Phone
7048620095
Address
5001 CR Wood Rd, Gastonia, NC 28056

Signing Officer

Name
Meg Vanderbilt
Title
Execitive Director
Phone
7048620095
Signed
2017-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meg Vanderbilt
Formed
2008
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
75

Preparer

Firm
Lake Wylie Tax Service
Address
4559 CHARLOTTE HWY, Lake Wylie, SC 29710
Preparer
Lynn Sherrill
Phone
8038316700
Supplemental Narrative

Additional Explanations

Pt III, Line 2

The Ranch offers complete Equine assisted therapies that treat mental health challenges and physical special needs. Programs include the traditional therapy, Equine Assisted Psychotherapy,Hippotherapy and Therapeutic Riding. Most of the horses are rescued horses and offer hope and healing because of their own personal story. The Ranch also offers educational programs and leadership development for the general public, school systems and special group.

Pt VI, Line 11B

the 990 returns will be distributed at the next Board meeting

Pt VI, Line 12C

Conflict form on file

Pt VI, Line 1A

9 DOB members

Pt VI, Line 2

9 dob members

Pt VI, Line 3

Yes manager is on Site

Pt VI, Line 19

Upon request

Form 990EZ, Part I, Line 8

Sales tax Refund 490.

Form 990EZ, Part I, Line 16

Horses Expense 25545.

Form 990EZ, Part I, Line 16

Contract professional fees & Ins 16621.

Form 990EZ, Part I, Line 16

Small Animals Expense 1851.

Form 990EZ, Part I, Line 16

Office,Bank, Dues & Subcription Supplies 3818.

Form 990EZ, Part I, Line 16

Specialty Project Improvements 3475.

Form 990EZ, Part I, Line 16

Vehicles 2499.

Form 990EZ, Part I, Line 16

Fundraising Exp 1010.

Form 990EZ, Part I, Line 16

Education/Therapy Supplies 1532.

Form 990EZ, Part I, Line 16

Food & Gift Appreciation 162.

Form 990EZ, Part I, Line 16

Volunteers and Staff Training

Form 990EZ, Part II, Line 24

Farm Equipment 49100.

Form 990EZ, Part II, Line 24

Horses 27500.

Form 990EZ, Part II, Line 24

Facility & Property Assets 175978.

Form 990EZ, Part II, Line 24

Office Equipment & Furniture 2719.

Form 990EZ, Part II, Line 24

Sales Tax A/R 973.

Form 990EZ, Part II, Line 24

other 1943.

Form 990EZ, Part II, Line 24

CD Savings 9933.

Form 990EZ, Part II, Line 26

Accumulated 162159.

Form 990EZ, Part II, Line 26

Liabilities

Form 990, Part IX, Line 24E

Program Supplies 1532. 1532. 0. 0.

Form 990, Part IX, Line 24E

Staff/Contractor Expenses 38337. 33257. 5080. 0.

Form 990, Part IX, Line 24E

Volunteers Exp 162. 162. 0. 0.

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0418342
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt078
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0115
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0201
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0794536
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0205707
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0164744
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0179406
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0155563
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt089116
IRS990ScheduleA/Total509Grp/TotalAmt0794536
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0794737
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt013819
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0162159
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0175978
IRS990ScheduleD/EquipmentGrp/BookValueAmt049100
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt049100
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt049774
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt049774
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0112693
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Ranch offers complete Equine assisted therapies that treat mental health challenges and physical special needs. Programs include the traditional therapy, Equine Assisted Psychotherapy,Hippotherapy and Therapeutic Riding. Most of the horses are rescued horses and offer hope and healing because of their own personal story. The Ranch also offers educational programs and leadership development for the general public, school systems and special group.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1the 990 returns will be distributed at the next Board meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conflict form on file
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt39 DOB members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt49 dob members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Yes manager is on Site
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Sales tax Refund 490.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Horses Expense 25545.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Contract professional fees & Ins 16621.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Small Animals Expense 1851.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Office,Bank, Dues & Subcription Supplies 3818.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Specialty Project Improvements 3475.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Vehicles 2499.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Fundraising Exp 1010.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Education/Therapy Supplies 1532.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Food & Gift Appreciation 162.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Volunteers and Staff Training
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Farm Equipment 49100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Horses 27500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Facility & Property Assets 175978.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Office Equipment & Furniture 2719.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22Sales Tax A/R 973.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23other 1943.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24CD Savings 9933.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25Accumulated 162159.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26Liabilities
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27Program Supplies 1532. 1532. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt28Staff/Contractor Expenses 38337. 33257. 5080. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt29Volunteers Exp 162. 162. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc27Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc28Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc29Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt0202780
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0202780
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0134904
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057786
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt067919
IRS990/TotalFunctionalExpensesGrp/TotalAmt0125705
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0202780
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0202780
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalProgramServiceExpensesAmt067919
IRS990/TotalProgramServiceRevenueAmt070742
IRS990/TotalReportableCompFromOrgAmt030000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt070809
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0205713
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0202780
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03000 Farmhouse Lane

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