Civic Intelligence

Victory Ranch Inc

EIN 30-0383339 • 501(c)3 • Reno, NV

990-N Coverage

Profile

Provide therapeutic and educational programs for disadvantaged youth and veterans.

15190 N Red Rock RoadReno, NV 89508

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.04x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

9th percentile

-116%

Higher net margin than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

23rd percentile

-39%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-56%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$92,866

Down $58,880 (-39%) from 2021

Liabilities

Up

$3,998

Up $2,510 (+169%) from 2021

Net Assets

Down

$88,868

Down $61,390 (-41%) from 2021

Revenue

Down

$58,356

Down $73,492 (-56%) from 2021

Expenses

Up

$126,267

Up $28,077 (+29%) from 2021

Net Income

Down

-$67,911

Down $101,569 (-302%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2012: $102,197Net Assets 2012: $102,1972012Assets 2014: $300,054Liabilities 2014: $0Net Assets 2014: $300,0542014Assets 2015: $344,446Liabilities 2015: $0Net Assets 2015: $344,4462015Assets 2016: $325,604Liabilities 2016: $14,789Net Assets 2016: $310,8152016Assets 2017: $235,650Liabilities 2017: $17,013Net Assets 2017: $218,6372017Assets 2018: $125,734Liabilities 2018: $21,331Net Assets 2018: $104,4032018Assets 2019: $124,401Liabilities 2019: $21,331Net Assets 2019: $103,0702019Assets 2020: $120,093Liabilities 2020: $21,625Net Assets 2020: $98,4682020Assets 2021: $151,746Liabilities 2021: $1,488Net Assets 2021: $150,2582021Assets 2022: $92,866Liabilities 2022: $3,998Net Assets 2022: $88,8682022

Highlighted filing

2022

Assets$92,866
Liabilities$3,998
Net Assets$88,868

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100K-$200KRevenue 2012: $157,406Expenses 2012: $125,915Net Income 2012: $31,4912012Revenue 2014: $259,414Expenses 2014: $148,447Net Income 2014: $110,9672014Revenue 2015: $213,975Expenses 2015: $169,198Net Income 2015: $44,7772015Revenue 2016: $181,310Expenses 2016: $216,363Net Income 2016: -$35,0532016Revenue 2017: $141,054Expenses 2017: $230,311Net Income 2017: -$89,2572017Revenue 2018: $156,707Expenses 2018: $264,866Net Income 2018: -$108,1592018Revenue 2019: $169,523Expenses 2019: $170,856Net Income 2019: -$1,3332019Revenue 2020: $99,049Expenses 2020: $103,651Net Income 2020: -$4,6022020Revenue 2021: $131,848Expenses 2021: $98,190Net Income 2021: $33,6582021Revenue 2022: $58,356Expenses 2022: $126,267Net Income 2022: -$67,9112022

Highlighted filing

2022

Revenue$58,356
Expenses$126,267
Net Income-$67,911

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 18, 2023
Return Version
2022v5.0
Gross Receipts
$58,356
Mission and Program Overview

Mission

Provide therapeutic and educational programs for disadvantaged youth and veterans.

Using equine therapy and education to provide a caring loving touch to the disadvantaged in our society, especially children and veterans

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$78,809$67,187▼ $11,622
Other Notes and Loans Receivable, Net$16,325$16,075▼ $250
Cash and Non-Interest-Bearing Accounts$56,606$9,604▼ $47,002
Savings and Temporary Cash Investments$6--
Total Assets$151,746$92,866▼ $58,880
Liabilities
Accounts Payable and Accrued Expenses-$3,998-
Other Liabilities$1,488--
Total Liabilities$1,488$3,998▲ $2,510
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$150,258$88,868▼ $61,390
Total Net Assets Fund Balance$150,258$88,868▼ $61,390
Total Liabilities and Net Assets / Fund Balance$151,746$92,866▼ $58,880

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$36,289$5,779$42,068
Equipment$24,210$9,552$33,762
Leasehold Improvements$6,688$1,125$7,813
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jake BensonDirector
Doug HuttenExecutive Director
Pat HuttenSecretary
Leslie JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$58,356
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-67,911
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$75,412
Other Expenses$50,855
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$57,600$6,400-$64,000
Other Expenses$23,728$65-$23,728
Occupancy$12,000--$12,000
Depreciation Depletion$11,622--$11,622
Payroll Taxes$8,137$905-$9,042
Other Employee Benefits$2,370--$2,370
Information Technology$1,415--$1,415
Fees for Services Accounting$923$103-$1,026
Office Expenses$212--$212
Insurance-$152-$152
Travel$54--$54
Total Functional Expenses$118,642$7,625$0$126,267
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Executive directors wife is employed by the organization.

Form 990 governing body review Part VI line 11

Organization was able to provide more in person services due to change in covid requirements.

Conflict of interest policy compliance Part VI line 12C

Governing body discusses conflict of interest at board meetings

CEO executive director top management comp Part VI line 15A

Executive director compensation approved by the board

Other officer or key employee compensation Part VI line 15B

Compensation was determined in accordance with organizational policy.

Governing documents etc available to public Part VI line 19

Tax return is available to the public by request. The document is also posted to guidestar.

Filing and Contact Details

Filer

Filer Name
Victory Ranch Inc
EIN
30-0383339
Address
15190 N RED ROCK ROAD, RENO, NV 89508

Signing Officer

Name
Lichun Hutton
Title
Executive Direc
Phone
7754328320
Signed
2023-07-18
Discuss with paid preparer
No

Organization Details

Formed
2006
Legal Domicile
Nv
Voting Board Members
4
Independent Board Members
2
Employees
2
Volunteers
3

Preparer

Firm
Frushon Accounting and Business Ser
Address
P O Box 6143, Incline Village, NV 89450
Preparer
Kimberly Williams
Phone
7752982505
Supplemental Narrative

Additional Explanations

Cessation of or significant change to any program service Part III line 3

In 2021, the organization was able to provide more program sessions with the lifting of covid restrictions.

Explanation of other changes in net assets or fund balances Part XI line 9

Changes in net assets reflects a correction to the fixed assets as reported previously

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0150258
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt088868
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0118642
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt058356
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0151746
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt092866
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt054
IRS990/TravelGrp/TotalAmt054
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0VICOTRYRANCHINC.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Lichun Hutton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/PhoneNum07754328320
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VICTORY RANCH INC
ReturnHeader/Filer/BusinessNameControlTxt0VICT
ReturnHeader/Filer/EIN0300383339
ReturnHeader/Filer/USAddress/AddressLine1Txt015190 N RED ROCK ROAD
ReturnHeader/Filer/USAddress/CityNm0RENO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV
ReturnHeader/Filer/USAddress/ZIPCd089508
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Frushon Accounting and Business Ser
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 6143
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Incline Village
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd089450
ReturnHeader/PreparerPersonGrp/PhoneNum07752982505
ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kimberly Williams
ReturnHeader/ReturnTs02023-07-25T13:24:31-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Lichun
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Hutton
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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