Civic Intelligence

Cal Farley'S Boys Ranch

EIN 75-0808768 • 501(c)3 • Amarillo, TX

Profile

Cal farley's mission is to provide professional programs and services in a christ-centered atmosphere to strengthen families and support the overall development of children.

PO Box 1890Amarillo, TX 79105

www.calfarley.org

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.07x

Higher debt load relative to assets than 23% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

28th percentile

0.19x

Higher debt load relative to revenue than 28% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2023

Net Margin

21st percentile

-4.8%

Higher net margin than 21% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

23rd percentile

$292,954

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2022

Asset Growth

43rd percentile

4.2%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

43rd percentile

4.7%

Faster revenue growth than 43% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Assets

Up

$176,809,852

Up $18,292,172 (+12%) from 2024

Liabilities

Up

$12,634,244

Up $3,420,404 (+37%) from 2024

Net Assets

Up

$164,175,608

Up $14,871,768 (+10.0%) from 2024

Revenue

Up

$54,074,331

Up $5,253,677 (+11%) from 2024

Expenses

Up

$48,406,566

Up $8,192,716 (+20%) from 2024

Net Income

Down

$5,667,765

Down $2,939,039 (-34%) from 2024

Trend Graphs

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2010: $104,041,887Liabilities 2010: $12,269,837Net Assets 2010: $91,772,0502010Assets 2011: $106,400,819Liabilities 2011: $14,377,730Net Assets 2011: $92,023,0892011Assets 2012: $106,127,629Liabilities 2012: $16,105,743Net Assets 2012: $90,021,8862012Assets 2013: $113,712,266Liabilities 2013: $17,239,542Net Assets 2013: $96,472,7242013Assets 2014: $140,324,054Liabilities 2014: $8,241,571Net Assets 2014: $132,082,4832014Assets 2015: $130,565,260Liabilities 2015: $4,433,637Net Assets 2015: $126,131,6232015Assets 2016: $130,092,224Liabilities 2016: $9,372,164Net Assets 2016: $120,720,0602016Assets 2017: $130,552,743Liabilities 2017: $6,494,338Net Assets 2017: $124,058,4052017Assets 2018: $127,816,680Liabilities 2018: $3,385,442Net Assets 2018: $124,431,2382018Assets 2019: $136,679,556Liabilities 2019: $3,256,770Net Assets 2019: $133,422,7862019Assets 2020: $140,367,836Liabilities 2020: $6,862,509Net Assets 2020: $133,505,3272020Assets 2021: $147,601,076Liabilities 2021: $3,106,241Net Assets 2021: $144,494,8352021Assets 2022: $145,335,305Liabilities 2022: $5,179,303Net Assets 2022: $140,156,0022022Assets 2023: $151,379,929Liabilities 2023: $10,237,067Net Assets 2023: $141,142,8622023Assets 2024: $158,517,680Liabilities 2024: $9,213,840Net Assets 2024: $149,303,8402024Assets 2025: $176,809,852Liabilities 2025: $12,634,244Net Assets 2025: $164,175,6082025

Highlighted filing

2025

Assets$176,809,852
Liabilities$12,634,244
Net Assets$164,175,608

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $42,055,6862010Revenue 2011: $40,713,389Expenses 2011: $43,720,471Net Income 2011: -$3,007,0822011Expenses 2012: $48,862,3832012Expenses 2013: $44,093,5412013Revenue 2014: $57,068,993Expenses 2014: $44,460,327Net Income 2014: $12,608,6662014Revenue 2015: $56,814,812Expenses 2015: $45,384,151Net Income 2015: $11,430,6612015Revenue 2016: $46,166,552Expenses 2016: $48,304,512Net Income 2016: -$2,137,9602016Revenue 2017: $48,207,511Expenses 2017: $47,546,536Net Income 2017: $660,9752017Revenue 2018: $44,938,399Expenses 2018: $44,414,013Net Income 2018: $524,3862018Revenue 2019: $46,802,570Expenses 2019: $45,921,196Net Income 2019: $881,3742019Revenue 2020: $43,841,248Expenses 2020: $43,750,907Net Income 2020: $90,3412020Revenue 2021: $49,103,882Expenses 2021: $46,337,382Net Income 2021: $2,766,5002021Revenue 2022: $51,265,658Expenses 2022: $47,779,865Net Income 2022: $3,485,7932022Revenue 2023: $53,689,910Expenses 2023: $56,287,581Net Income 2023: -$2,597,6712023Revenue 2024: $48,820,654Expenses 2024: $40,213,850Net Income 2024: $8,606,8042024Revenue 2025: $54,074,331Expenses 2025: $48,406,566Net Income 2025: $5,667,7652025

Highlighted filing

2025

Revenue$54,074,331
Expenses$48,406,566
Net Income$5,667,765

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$177$12.6$164$54.1$48.4$5.67
2024Detailed filing. Detailed filing data is available for this year.$159$9.21$149$48.8$40.2$8.61
2023Detailed filing. Detailed filing data is available for this year.$151$10.2$141$53.7$56.3$2.60
2022Detailed filing. Detailed filing data is available for this year.$145$5.18$140$51.3$47.8$3.49
2021Detailed filing. Detailed filing data is available for this year.$148$3.11$144$49.1$46.3$2.77
2020Detailed filing. Detailed filing data is available for this year.$140$6.86$134$43.8$43.8$0.09
2019Detailed filing. Detailed filing data is available for this year.$137$3.26$133$46.8$45.9$0.88
2018Detailed filing. Detailed filing data is available for this year.$128$3.39$124$44.9$44.4$0.52
2017Detailed filing. Detailed filing data is available for this year.$131$6.49$124$48.2$47.5$0.66
2016Detailed filing. Detailed filing data is available for this year.$130$9.37$121$46.2$48.3$2.14
2015Detailed filing. Detailed filing data is available for this year.$131$4.43$126$56.8$45.4$11.4
2014Detailed filing. Detailed filing data is available for this year.$140$8.24$132$57.1$44.5$12.6
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$114$17.2$96.5$44.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$106$16.1$90.0$48.9
2011Summary only. Only limited summary data is available for this year.$106$14.4$92.0$40.7$43.7$3.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$104$12.3$91.8$42.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Mar 17, 2026
Return Version
2024v5.5
Gross Receipts
$106,443,288
Mission and Program Overview

Mission

Cal farley's mission is to provide professional programs and services in a christ-centered atmosphere to strengthen families and support the overall development of children.

Cal farley's provides professional programs and services in a christ-centered atmosphere to strengthen families and support the overall development of children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$24,720,667$32,106,525▲ $7,385,858
Intangible Assets$8,561,680$15,367,790▲ $6,806,110
Pledges and Grants Receivable$16,137,291$14,182,009▼ $1,955,282
Savings and Temporary Cash Investments$15,649,093$12,507,684▼ $3,141,409
Investments in Publicly Traded Securities$24,251,352$2,055,627▼ $22,195,725
Prepaid Expenses and Deferred Charges$737,383$935,274▲ $197,891
Inventories for Sale or Use$675,706$823,813▲ $148,107
Accounts Receivable$734,142$401,008▼ $333,134
Cash and Non-Interest-Bearing Accounts$217,284$216,981▼ $303
Investments Other Securities$207,329$190,765▼ $16,564
Other Notes and Loans Receivable, Net$23,259$21,034▼ $2,225
Total Assets$158,517,680$176,809,852▲ $18,292,172
Other Assets Total$66,602,494$98,001,342▲ $31,398,848
Liabilities
Other Liabilities$6,567,988$8,920,612▲ $2,352,624
Accounts Payable and Accrued Expenses$2,520,873$3,577,003▲ $1,056,130
Deferred Revenue$124,979$136,629▲ $11,650
Total Liabilities$9,213,840$12,634,244▲ $3,420,404
Net Assets / Fund Balance
Net Assets With Donor Restrictions$84,798,591$88,967,299▲ $4,168,708
Net Assets Without Donor Restrictions$64,505,249$75,208,309▲ $10,703,060
Total Net Assets Fund Balance$149,303,840$164,175,608▲ $14,871,768
Total Liabilities and Net Assets / Fund Balance$158,517,680$176,809,852▲ $18,292,172

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,355,884$63,504,729$79,860,613
Equipment$3,009,275$16,514,312$19,523,587
Other Land Buildings$8,019,017$6,129,957$14,148,974
Land$4,722,349-$4,447,841
Other Assets Org$1,698,545--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$24,006,768$164,008▲ $2,911,333$444,070$26,637,367
2023$22,439,952$158,672▲ $1,819,175$402,226$24,006,768
2022$21,601,732$223,465▲ $1,057,823$393,997$22,439,952
2021$20,716,170$969,530▲ $334,246$376,711$21,601,732
2020$19,281,355$202,768▲ $1,656,887$346,949$20,716,170
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard NedelkoffCEOFT$342,411$25,455$367,866
Mark StrotherExec. VP & COOFT$212,368$28,289$240,657
Megan JohnsonCFOFT$187,215$25,878$213,093
Wendy Krister-howardVP for Human ResourcesFT$135,661$7,020$142,681
Amy SpearsSr. Dir., Direct Marketing (thru 8/8/25)FT$116,746$12,251$128,997
Mike PacinoGift OfficerFT$109,671$13,966$123,637
Randy CarterVP Information TechnologyFT$107,704$14,136$121,840
Jennifer VenzorVP of DevelopmentFT$104,974$13,893$118,867
Michael JohnsonDirector of Systems DivisionFT$102,827$13,717$116,544

Board Members and Trustees

NameTitle
Lance PurcellChairman of the Board
Julie AtteburyVice Chairman of the Board
Claudia StuartDirector
J Avery Rush IiiDirector
Jane KingDirector
Jeff MitchellDirector
Joe LovellDirector
Malcolm SheltonDirector
Michelle BonnerDirector
Mike KingDirector
Rod SchroderDirector
Rodney RuthartDirector
Tanner AlexanderDirector
Tol WareDirector
Walter Four PriceDirector
Daniel PectolExecutive Director (beg. 6/6/25)
Joseph PetersonSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
A&s General Contractors INCConstruction ContractorPO BOX 7446, Amarillo, TX 79114$2,765,054
Emergency Services Foundation Of TexasEms Ambulance ServicePO BOX 134, Boys Ranch, TX 79010$624,000
Direct Mail SolutionsRoundup Newsletter Printer4650 OAKLEYS LANE, Richmond, VA 23231$595,475
Panhandle Family Care LLCMedical ServicesPO BOX 16, Bushland, TX 79012$385,000
Burl ScroggsFence ContractorPO BOX 855, Sunray, TX 79086$315,266
Revenue and Support

Revenue Composition

Contributions and Grants
$42,555,251
Program Service Revenue
$60,634
Investment Income
$6,252,671
Other Revenue
$5,205,775
All Other Contributions
$26,716,833
Change in Net Assets
$5,667,765

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded13$192,423Fair Market Value (FMV)
Clothing and Household Goods-$46,868Fair Market Value (FMV)
Real Estate Residential1$36,973Appraisal
Other Non Cash Contri Table3$28,240Fair Market Value (FMV)
Other Non Cash Contri Table1$11,625Fair Market Value (FMV)
Other Non Cash Contri Table2$8,408Fair Market Value (FMV)
Other Non Cash Contri Table7$6,200Fair Market Value (FMV)
Other Non Cash Contri Table46$5,042Fair Market Value (FMV)
Food Inventory1$4,564Fair Market Value (FMV)
Other Non Cash Contri Table5$225Fair Market Value (FMV)
Total Noncash Contributions79$340,568-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$19,851,039
Other Expenses$16,969,279
Grants and Similar Amounts Paid$11,586,248
Total Fundraising Expense$2,939,189
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,946,375$2,329,448$944,877$14,220,700
Grants to Domestic Orgs$11,074,313--$11,074,313
Depreciation Depletion$3,585,636$321,816-$3,907,452
Other Employee Benefits$2,310,741$362,144$163,542$2,836,427
Insurance$2,030,003$240,941$3,393$2,274,337
Office Expenses$850,238$84,001$954,406$1,888,645
All Other Expenses$1,018,495$247,184$62,344$1,328,023
Payroll Taxes$887,904$173,882$76,390$1,138,176
Occupancy$922,147$192,979-$1,115,126
Current Officers, Directors, Trustees, and Key Employees$817,797$172,986$70,574$1,061,357
Fees for Services Other$211,372$475,082$308,608$995,062
Other Expenses$695,297$419,719$297,278$695,297
Pension Plan Contributions$463,682$90,805$39,892$594,379
Grants to Domestic Individuals$511,935--$511,935
Travel$287,952$37,431$17,885$343,268
Fees for Service Investment Mgmnt Fees-$205,494-$205,494
Fees for Services Accounting-$145,402-$145,402
Fees for Services Legal-$66,741-$66,741
Advertising$1,935$43,741-$45,676
Interest-$22,695-$22,695
Total Functional Expenses$39,834,886$5,632,491$2,939,189$48,406,566
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CAL FARLEY'S BOYS RANCH FOUNDATIONAmarillo, TX501(c)(3)General Operations Support & Endowments & Investments$8,074,313
Boys Ranch Independent School DistrictBoys Ranch, TXGovGeneral Operations Support$3,000,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$146,911
Fundraising Gross Income$139,252
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rodeo$151,284$139,252$90,586$48,666
Total Events$151,284$139,252$146,911$-7,659
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
As General Contractors35% CONTROLLED ENTITY OF A PERSON LISTED ON PART VIIConstruction and Remodels of Buildings on Campus.No$5,703,219
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
PAYABLE TO CAL FARLEY'S BOYS RANCH FOUNDATION$8,212,101
Lease Liabilities$708,511
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Walter "four" price and tol ware, business relationship.

Form 990, Part VI, Section B, Line 11B

The 990 is presented by the auditors at the march board meeting. A copy of the 990 is given to the board members for review prior to the board meeting.

Form 990, Part VI, Section B, Line 12C

The conflict of interest questionnaire is sent to directors and officers annually. The president/ceo ensures that all are completed and maintained on file in the office. If a conflict arises, the person with the conflict is not allowed to vote on the transaction.

Form 990, Part VI, Section B, Line 15

A compensation study is performed annually regarding ceo salary. The results are presented to the board for deliberation and ultimate salary determination as part of the ceo's annual evaluation. Comparable data is used in the study. This process is documented and has not changed from the prior year.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and conflict of interest policy are available to the public upon request. The organization's financial statements and annual report are available to the public through its website www.calfarley.org.

Filing and Contact Details

Filer

Filer Name
CAL FARLEY'S BOYS RANCH
EIN
75-0808768
Phone
8063722341
Address
PO BOX 1890, AMARILLO, TX 79105
Doing Business As
CAL FARLEY'S

Signing Officer

Name
Megan Johnson
Title
CFO
Phone
8063722341
Signed
2026-03-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Nedelkoff
Formed
1939
Legal Domicile
TX
Voting Board Members
16
Independent Board Members
16
Employees
387
Volunteers
16

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
6565 AMERICAS PARKWAY NE STE 600, ALBUQUERQUE, NM 87110
Preparer
Pamela Alexanderson
Phone
5058787200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value-mineral interests 6,806,109. Change in value-promises to give 72,418. Change in value in beneficial interest in perpetual trusts 2,669,295. Transfers to related organization, eliminated in consolidation -1,168,740.

Financial Statement Notes

PART V, LINE 4:

The intended use of the organization's endowment funds is to be held indefinitely, and the income from which is generally restricted for operational purposes and educational scholarships.

PART X, LINE 2:

The organization is exempt from federal income taxes on related income under section 501 (a) of the internal revenue code (irc) of 1986, as amended, as an organization described in irc section 501 (c)(3). Further, the organization has been classified as an organization that is not a private foundation under the irc section 509(a) and, as such, contributions to the organization qualify for deduction as charitable contributions. However, income generated from activities unrelated to the organization's exempt purpose is subject to tax under irc section 511. Tascosa enterprises, llc is a wholly owned subsidiary of cal farley's and, therefore, considered a disregarded entity for federal income tax purposes. Financial accounting standards board (fasb) provides guidance for how uncertain tax positions should be recognized, measured, disclosed, and presented in the financial statements. This requires the evaluation of tax positions taken or expected to be taken in the course of preparing the organization's tax return to determine whether the tax positions are more-likely-than-not of being sustained when challenged or when examined by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax benefit or expense and liability in the current year. Management has determined that there are no material uncertain income tax positions.

Raw XML AppendixShowing 400 of 1,082 raw XML fields

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/Desc0BOYS RANCH: CAL FARLEY'S OFFERS A RESIDENTIAL COMMUNITY OPEN TO CHILDREN AGES 5 TO 18. EACH YEAR, WE WELCOME NEW RESIDENTS FROM ACROSS THE NATION. THE AVERAGE LENGTH OF STAY AT BOYS RANCH IS ABOUT TWO YEARS BEFORE CHILDREN ARE FULLY REUNITED WITH THEIR FAMILIES. WHILE THEY RESIDE AT BOYS RANCH, CHILDREN RECEIVE EVIDENCE-BASED, PROFESSIONAL THERAPEUTIC SERVICES AND WORK TOWARD HIGHLY INDIVIDUALIZED GOALS.OUR PRIMARY GOAL AT BOYS RANCH IS TO PROVIDE EVERY CHILD A SAFE ENVIRONMENT WHERE THEY CAN BUILD MEANINGFUL, TRUSTING RELATIONSHIPS WITH THEIR PEERS AND RESPONSIBLE ADULTS. HOUSE PARENTS, CASE WORKERS, EXPERIENTIAL LEARNING MENTORS, AND OTHER ADULT ROLE MODELS GUIDE OUR YOUTH TO DEVELOP THEIR POTENTIAL AND BECOME PRINCIPLED, CONTRIBUTING MEMBERS OF SOCIETY.CHILDREN ATTEND ONE OF THREE ON-CAMPUS SCHOOLS (ELEMENTARY, MIDDLE, AND HIGH SCHOOL) AND LIVE IN GROUP HOMES WITH SUPPORTIVE HOUSE PARENTS. WE ARE PROUD TO OFFER A VARIETY OF ACADEMIC, VOCATIONAL, SPIRITUAL, AND EXTRA-CURRICULAR ACTIVITIES TO HELP OUR CHILDREN BECOME RESPONSIBLE, CONFIDENT, RESILIENT YOUNG ADULTS.WE SERVED 175 CHILDREN AT THE RANCH DURING THE FISCAL YEAR 2024-2025. WE SERVED 500 FAMILY MEMBERS WITH OUR RESIDENTIAL FAMILY ENGAGEMENT PROGRAM AND WE SERVED 727 CHILDREN IN OUR SUMMER CAMPS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXEC. VP & COO
IRS990/Form990PartVIISectionAGrp/TitleTxt17CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP FOR HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt19CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXECUTIVE DIRECTOR (BEG. 6/6/25)
IRS990/Form990PartVIISectionAGrp/TitleTxt21GIFT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt22SR. DIR., DIRECT MARKETING (THRU 8/8/25)
IRS990/Form990PartVIISectionAGrp/TitleTxt23VP INFORMATION TECHNOLOGY
IRS990/Form990PartVIISectionAGrp/TitleTxt24VP OF DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR OF SYSTEMS DIVISION
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IRS990/MissionDesc0CAL FARLEY'S MISSION IS TO PROVIDE PROFESSIONAL PROGRAMS AND SERVICES IN A CHRIST-CENTERED ATMOSPHERE TO STRENGTHEN FAMILIES AND SUPPORT THE OVERALL DEVELOPMENT OF CHILDREN.

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