Civic Intelligence

Bill Rice Ranch Inc.

990 • Fiscal year 2023 • EIN 62-0787248

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 28, 2024

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

58th percentile

0.19x

Higher debt load relative to assets than 58% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.54x

Higher debt load relative to revenue than 75% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

19th percentile

-13%

Higher net margin than 19% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

25th percentile

$42,189

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

20th percentile

-3.6%

Faster asset growth than 20% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

40th percentile

1.1%

Faster revenue growth than 40% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Down

$9,334,134

Down $347,441 (-3.6%) from 2022

Net Assets

Down

$7,545,336

Down $432,014 (-5.4%) from 2022

Liabilities

Up

$1,788,798

Up $84,573 (+5.0%) from 2022

Revenue

Up

$3,283,039

Up $34,251 (+1.1%) from 2022

Expenses

Up

$3,715,053

Up $478,658 (+15%) from 2022

Net Income

Down

-$432,014

Down $444,407 (-3586%) from 2022

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

2023

Assets$9,334,134
Liabilities$1,788,798
Net Assets$7,545,336

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

2023

Revenue$3,283,039
Expenses$3,715,053
Net Income-$432,014
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 28, 2024
Return Version
2023v5.0
Gross Receipts
$3,304,762
Mission and Program Overview

Mission

Revival ministry centered on preaching god's word.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,031,592$6,839,399▼ $192,193
Cash and Non-Interest-Bearing Accounts$2,289,007$2,125,307▼ $163,700
Savings and Temporary Cash Investments$360,976$369,428▲ $8,452
Total Assets$9,681,575$9,334,134▼ $347,441
Liabilities
Deferred Revenue$1,511,062$1,614,322▲ $103,260
Unsecured Notes Loans Payable$177,544$159,556▼ $17,988
Accounts Payable and Accrued Expenses$15,619$14,920▼ $699
Total Liabilities$1,704,225$1,788,798▲ $84,573
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,977,350$7,545,336▼ $432,014
Total Net Assets Fund Balance$7,977,350$7,545,336▼ $432,014
Total Liabilities and Net Assets / Fund Balance$9,681,575$9,334,134▼ $347,441

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,687,138$6,600,556$8,287,694
Land$5,152,261-$5,152,261
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William H Rice IvPresident &FT$42,189$42,189
Troy CarlsonVice-presideFT$40,288$40,288
William H Rice IiiBoard MemberPT$18,372$18,372

Board Members and Trustees

NameTitle
Dale StoverBoard Member
David HardyBoard Member
Peter W RiceBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$842,579
Program Service Revenue
$2,209,685
Investment Income
$6,038
Other Revenue
$224,737
All Other Contributions
$842,579
Change in Net Assets
$-432,014
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,741,330
Salaries, Compensation, and Employee Benefits$973,723
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$803,397--$803,397
Occupancy$292,452--$292,452
Depreciation Depletion$192,193--$192,193
Insurance$102,749--$102,749
Current Officers, Directors, Trustees, and Key Employees$100,849--$100,849
Travel$72,527$25,126-$97,653
Fees for Services Other$88,310--$88,310
Payroll Taxes$69,174--$69,174
Office Expenses$50,028--$50,028
Other Expenses$16,486--$16,486
Interest$14,049--$14,049
Other Employee Benefits$303--$303
Total Functional Expenses$3,689,927$25,126$0$3,715,053
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
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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, Page 6, Part VI, Line 2

William h. Rice iv william h. Rice iii president director son

Form 990, Page 6, Part VI, Line 11B

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

Form 990, Page 6, Part VI, Line 12C

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, Page 6, Part VI, Line 18

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

Form 990, Page 6, Part VI, Line 19

The organization provices 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 & CEO
Phone
6158932767
Signed
2024-08-28

Organization Details

Principal Officer
William H Rice Iv
Formed
1950
Legal Domicile
Tn
Voting Board Members
6
Independent Board Members
4
Employees
63
Volunteers
50

Preparer

Firm
Mullins Clemmons & Mayes Pllc
Address
340 SEVEN SPRINGS WAY STE 720, BRENTWOOD, TN 37027-5098
Preparer
Larry D Mullins
Phone
6153708576
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/LandGrp/BookValueAmt05152261
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05152261
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01687138
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06600556
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08287694
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06839399
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WILLIAM H. RICE IV WILLIAM H. RICE III PRESIDENT DIRECTOR SON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE 990 IS GIVEN TO THE BOARD 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 PROVICES THESE DOCUMENTS UPON WRITTEN OR IN-PERSON REQUESTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09681575
IRS990/TotalAssetsEOYAmt09334134
IRS990/TotalAssetsGrp/BOYAmt09681575
IRS990/TotalAssetsGrp/EOYAmt09334134
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0842579
IRS990/TotalEmployeeCnt063
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025126
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03689927
IRS990/TotalFunctionalExpensesGrp/TotalAmt03715053
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01704225
IRS990/TotalLiabilitiesEOYAmt01788798
IRS990/TotalLiabilitiesGrp/BOYAmt01704225
IRS990/TotalLiabilitiesGrp/EOYAmt01788798
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07977350
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07545336
IRS990/TotalProgramServiceExpensesAmt03689927
IRS990/TotalProgramServiceRevenueAmt02209685
IRS990/TotalReportableCompFromOrgAmt0100849
IRS990/TotalRevenueGrp/ExclusionAmt06038
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02434422
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03283039
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09681575
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09334134
IRS990/TravelGrp/ManagementAndGeneralAmt025126
IRS990/TravelGrp/ProgramServicesAmt072527
IRS990/TravelGrp/TotalAmt097653
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0177544
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0159556
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0627 BILL RICE RANCH RD
IRS990/USAddress/CityNm0MURFREESBORO
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037128
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.BILLRICERANCH.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM H RICE IV
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06158932767
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BILL RICE RANCH INC
ReturnHeader/Filer/BusinessNameControlTxt0BILL
ReturnHeader/Filer/EIN0620787248
ReturnHeader/Filer/PhoneNum06158932767
ReturnHeader/Filer/USAddress/AddressLine1Txt0627 BILL RICE RANCH ROAD
ReturnHeader/Filer/USAddress/CityNm0MURFREESBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037128
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621409003
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MULLINS CLEMMONS & MAYES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0340 SEVEN SPRINGS WAY STE 720
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRENTWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0370275098
ReturnHeader/PreparerPersonGrp/PhoneNum06153708576
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LARRY D MULLINS
ReturnHeader/ReturnTs02024-09-05T11:19:54-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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