Civic Intelligence

Bill Rice Ranch Inc.

990 • Fiscal year 2016 • EIN 62-0787248

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

627 Bill Rice Ranch RoadMurfreesboro, TN 37128

(615) 893-2767

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.06x

Higher debt load relative to assets than 32% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

52nd percentile

0.21x

Higher debt load relative to revenue than 52% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

17th percentile

-14%

Higher net margin than 17% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

22nd percentile

$36,557

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

22nd percentile

-4.1%

Faster asset growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

17th percentile

-16%

Faster revenue growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$8,731,385

Down $369,473 (-4.1%) from 2015

Net Assets

Down

$8,245,640

Down $338,262 (-3.9%) from 2015

Liabilities

Down

$485,745

Down $31,211 (-6.0%) from 2015

Revenue

Down

$2,356,247

Down $451,561 (-16%) from 2015

Expenses

Up

$2,694,509

Up $233,495 (+9.5%) from 2015

Net Income

Down

-$338,262

Down $685,056 (-198%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $9,203,559Liabilities 2010: $683,806Net Assets 2010: $8,519,7532010Assets 2011: $9,089,566Liabilities 2011: $605,296Net Assets 2011: $8,484,2702011Assets 2012: $8,970,496Liabilities 2012: $562,729Net Assets 2012: $8,407,7672012Assets 2013: $8,849,544Liabilities 2013: $616,804Net Assets 2013: $8,232,7402013Assets 2014: $8,847,855Liabilities 2014: $610,747Net Assets 2014: $8,237,1082014Assets 2015: $9,100,858Liabilities 2015: $516,956Net Assets 2015: $8,583,9022015Assets 2016: $8,731,385Liabilities 2016: $485,745Net Assets 2016: $8,245,6402016Assets 2017: $8,719,069Liabilities 2017: $460,345Net Assets 2017: $8,258,7242017Assets 2018: $8,569,532Liabilities 2018: $400,439Net Assets 2018: $8,169,0932018Assets 2019: $8,499,508Liabilities 2019: $345,622Net Assets 2019: $8,153,8862019Assets 2020: $8,836,529Liabilities 2020: $316,066Net Assets 2020: $8,520,4632020Assets 2021: $8,212,309Liabilities 2021: $247,352Net Assets 2021: $7,964,9572021Assets 2022: $9,681,575Liabilities 2022: $1,704,225Net Assets 2022: $7,977,3502022Assets 2023: $9,334,134Liabilities 2023: $1,788,798Net Assets 2023: $7,545,3362023Assets 2024: $8,384,582Liabilities 2024: $602,550Net Assets 2024: $7,782,0322024

Highlighted filing

2016

Assets$8,731,385
Liabilities$485,745
Net Assets$8,245,640

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2010: $1,827,464Expenses 2010: $1,971,382Net Income 2010: -$143,9182010Expenses 2011: $2,013,7442011Expenses 2012: $1,981,0112012Revenue 2013: $1,982,610Expenses 2013: $2,157,637Net Income 2013: -$175,0272013Revenue 2014: $2,147,975Expenses 2014: $2,143,607Net Income 2014: $4,3682014Revenue 2015: $2,807,808Expenses 2015: $2,461,014Net Income 2015: $346,7942015Revenue 2016: $2,356,247Expenses 2016: $2,694,509Net Income 2016: -$338,2622016Revenue 2017: $2,331,361Expenses 2017: $2,318,277Net Income 2017: $13,0842017Revenue 2018: $2,233,240Expenses 2018: $2,322,871Net Income 2018: -$89,6312018Revenue 2019: $2,284,818Expenses 2019: $2,300,025Net Income 2019: -$15,2072019Revenue 2020: $3,558,670Expenses 2020: $3,192,093Net Income 2020: $366,5772020Revenue 2021: $3,055,361Expenses 2021: $3,610,867Net Income 2021: -$555,5062021Revenue 2022: $3,248,788Expenses 2022: $3,236,395Net Income 2022: $12,3932022Revenue 2023: $3,283,039Expenses 2023: $3,715,053Net Income 2023: -$432,0142023Revenue 2024: $3,814,525Expenses 2024: $3,577,829Net Income 2024: $236,6962024

Highlighted filing

2016

Revenue$2,356,247
Expenses$2,694,509
Net Income-$338,262
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$2,414,596
Mission and Program Overview

Mission

Revival ministry centered on preaching god's word.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,255,430$8,125,629▼ $129,801
Savings and Temporary Cash Investments$623,420$338,928▼ $284,492
Cash and Non-Interest-Bearing Accounts$222,008$266,828▲ $44,820
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$9,100,858$8,731,385▼ $369,473
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$508,669$476,973▼ $31,696
Accounts Payable and Accrued Expenses$8,287$8,772▲ $485
Total Liabilities$516,956$485,745▼ $31,211
Net Assets / Fund Balance
Unrestricted Net Assets$8,583,902$8,245,640▼ $338,262
Total Net Assets Fund Balance$8,583,902$8,245,640▼ $338,262
Total Liabilities and Net Assets / Fund Balance$9,100,858$8,731,385▼ $369,473

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,586,186$3,915,760$6,501,946
Land$5,152,261-$5,152,261
Equipment$387,182$1,118,173$1,505,355
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William H Rice IvPresident & CEOFT$36,557$36,557
Troy CarlsonVice PresidentFT$32,191$32,191
William H Rice IiiDirectorFT$12,000$12,000

Board Members and Trustees

NameTitle
Dale StoverDirector
David HardyDirector
Peter W RiceDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$931,208
Program Service Revenue
$1,264,067
Investment Income
$58
Other Revenue
$160,914
All Other Contributions
$931,208
Change in Net Assets
$-338,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,095,783
Salaries, Compensation, and Employee Benefits$598,726
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$438,002--$438,002
Occupancy$294,168--$294,168
Depreciation Depletion$256,786--$256,786
Current Officers, Directors, Trustees, and Key Employees$80,748--$80,748
Travel$70,918$3,095-$74,013
Insurance$71,236--$71,236
Other Employee Benefits$44,612--$44,612
Office Expenses$43,106--$43,106
Fees for Services Other$40,985--$40,985
Payroll Taxes$35,364--$35,364
Other Expenses$24,730--$24,730
Interest$13,130--$13,130
Fees for Services Legal-$63-$63
Total Functional Expenses$2,691,351$3,158$0$2,694,509
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

William h. Rice iv is the son of william h. Rice iii and nephew of peter rice.

Form 990, Part VI, Line 11B: Form 990 Review Process

A draft of form 990 is given to the board members for their review prior to filing the return with the internal revenue service.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The conflict of interest policy is monitored regularly and consistently and any conflicts are reported to the board of directors immediately and appropriate action is taken.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The organization provides all information and documents upon request directly to the requesting person(s) in a timely manner.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization provides these documents upon written or in-person requests.

Filing and Contact Details

Filer

Filer Name
Bill Rice Ranch Inc
EIN
62-0787248
Phone
6158932767
Address
627 Bill Rice Ranch Road, Murfreesboro, TN 37128

Signing Officer

Name
William H Rice Iv
Title
President
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William H Rice Iv
Formed
1950
Legal Domicile
Tn
Voting Board Members
6
Independent Board Members
4
Employees
43
Volunteers
50

Preparer

Firm
Patterson Hardee & Ballentine Pc
Address
1889 GENERAL GEORGE PATTON DR SUITE, FRANKLIN, TN 37067
Preparer
W Craig Ballentine CPA
Phone
6157505537
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0387182
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01118173
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WILLIAM H. RICE IV IS THE SON OF WILLIAM H. RICE III AND NEPHEW OF PETER RICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF FORM 990 IS GIVEN TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS MONITORED REGULARLY AND CONSISTENTLY AND ANY CONFLICTS ARE REPORTED TO THE BOARD OF DIRECTORS IMMEDIATELY AND APPROPRIATE ACTION IS TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PROVIDES ALL INFORMATION AND DOCUMENTS UPON REQUEST DIRECTLY TO THE REQUESTING PERSON(S) IN A TIMELY MANNER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION PROVIDES THESE DOCUMENTS UPON WRITTEN OR IN-PERSON REQUESTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08731385
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0627 BILL RICE RANCE RD
IRS990/USAddress/CityNm0MURFREESBORO
IRS990/USAddress/StateAbbreviationCd0TN

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.38$0.60$7.78$3.81$3.58$0.24
2023Detailed filing. Detailed filing data is available for this year.$9.33$1.79$7.55$3.28$3.72$0.43
2022Detailed filing. Detailed filing data is available for this year.$9.68$1.70$7.98$3.25$3.24$0.01
2021Detailed filing. Detailed filing data is available for this year.$8.21$0.25$7.96$3.06$3.61$0.56
2020Detailed filing. Detailed filing data is available for this year.$8.84$0.32$8.52$3.56$3.19$0.37
2019Detailed filing. Detailed filing data is available for this year.$8.50$0.35$8.15$2.28$2.30$0.02
2018Detailed filing. Detailed filing data is available for this year.$8.57$0.40$8.17$2.23$2.32$0.09
2017Detailed filing. Detailed filing data is available for this year.$8.72$0.46$8.26$2.33$2.32$0.01
2016Detailed filing. Detailed filing data is available for this year.$8.73$0.49$8.25$2.36$2.69$0.34
2015Detailed filing. Detailed filing data is available for this year.$9.10$0.52$8.58$2.81$2.46$0.35
2014Detailed filing. Detailed filing data is available for this year.$8.85$0.61$8.24$2.15$2.14$0.00
2013Detailed filing. Detailed filing data is available for this year.$8.85$0.62$8.23$1.98$2.16$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.97$0.56$8.41$1.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.09$0.61$8.48$2.01
2010Summary only. Only limited summary data is available for this year.$9.20$0.68$8.52$1.83$1.97$0.14