Freedom Reigns Ranch
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$375,000.00
Projected Expenses
$374,154.99
Organizational Budgets and Other Documents
| Budget | 2023 |
| Budget | 2022 |
| Projected Budget | 2021 |
IRS Letter of Exemption
| IRS Letter of Determination | 2016 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $298,434.00 | $194,237.00 | $114,534.00 |
| Total Expenses | $206,436.00 | $146,616.00 | $114,945.00 |
| Revenue Less Expenses | $91,998.00 | $47,621.00 | ($411.00) |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $278,596.00 | $194,135.00 | $113,766.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $0.00 | $168.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $19,838.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $102.00 | $600.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $175,844.00 | $146,616.00 | $0.00 |
| Administration Expense | $20,795.00 | $0.00 | $0.00 |
| Fundraising Expense | $9,797.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 145% | 132% | |
| Program Expense/Total Expenses | 85% | 100% | |
| Fundraising Expense/Contributed Revenue | 5% | 0% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $278,596.00 | Contributions, Gifts, Grants $194,135.00 | Contributions, Gifts, and Grants $113,766.00 |
| Second Highest Funding Source & Dollar Amount | Fundraising Events $19,838.00 | Other Revenue $102.00 | Other Revenue $600.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | $0.00 | Program Revenue $168.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $203,090.00 | $109,404.00 | $61,783.00 |
| Current Assets | $153,175.00 | $97,404.00 | $43,783.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $1,688.00 | $0.00 | $0.00 |
| Total Net Assets | $201,402.00 | $109,404.00 | $61,783.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| Form 990 | 2022 |
| Form 990 | 2021 |
| Form 990 | 2020 |
| Form 990 | 2019 |
| Form 990 | 2018 |
Audit Documents
No audit documents are available at this time
Foundation Staff Comments
| Financial figures taken from the Form 990. Form 990 was prepared by Puryear & Noonan, CPAs. Schedule B removed to protect donor privacy. Comments provided by Hayley Sulfridge 6/22/23. |
