Form 990 for tax year 2022
Filed by NEW MEXICO BOYS AND GIRLS RANCH FOUNDATION INC.
Totals
- Total revenue
- $585,229
- Total expenses
- $541,971
- Contributions and grants received
- $353,588
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $29,970
- Other revenue
- $201,671
- Total assets, end of year
- $4,574,999
- Total liabilities, end of year
- $303,413
- Net assets or fund balances, end of year
- $4,271,586
- Program services expenses (Part IX)
- $48,865
- Management and general expenses
- $268,566
- Fundraising expenses
- $224,540
- Program service expenses (Part III)
- $48,865
Program services were 9.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$353,588
-
3 · Investment income
total $90,421 · excluded $90,421
-
5 · Royalties
total $201,671 · excluded $201,671
-
7b · Less cost or other basis and sales expenses
securities $60,451
-
7c · Gain or loss
securities -$60,451
-
7d · Net gain or loss
total -$60,451 · excluded -$60,451
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $201,694 · program services $26,283 · management and general $82,187 · fundraising $93,224
-
9 · Other employee benefits
total $25,962 · program services -$2,431 · management and general $2,761 · fundraising $25,632
-
10 · Payroll taxes
total $16,983 · program services $1,638 · management and general $9,232 · fundraising $6,113
-
11f · Fees: investment management
total $18,664 · management and general $18,664
-
11g · Fees: other
total $86,811 · program services $124 · management and general $86,537 · fundraising $150
-
12 · Advertising and promotion
total $82,943 · program services $22,217 · fundraising $60,726
-
13 · Office expenses
total $14,019 · program services $431 · management and general $1,738 · fundraising $11,850
-
14 · Information technology
total $3,573 · management and general $434 · fundraising $3,139
-
16 · Occupancy
total $17,470 · management and general $8,684 · fundraising $8,786
-
17 · Travel
total $5,299 · program services $582 · management and general $1,233 · fundraising $3,484
-
22 · Depreciation, depletion and amortization
total $22,737 · management and general $22,737
-
23 · Insurance
total $8,761 · management and general $4,930 · fundraising $3,831
-
24a · Other expenses: BANK SERVICE CHARGES
total $17,986 · management and general $17,986
-
24b · Other expenses: TRAINING AND DEVELOPMENT
total $8,545 · management and general $7,672 · fundraising $873
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $5,110 · program services $21 · management and general $2,551 · fundraising $2,538
-
24d · Other expenses: SPECIAL ACTIVITY
total $4,086 · fundraising $4,086
-
24e · All other expenses
total $1,328 · management and general $1,220 · fundraising $108
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $80,345 · end of year $86,378
-
10a · Land, buildings and equipment: cost or other basis
$445,531
-
10b · Land, buildings and equipment: accumulated depreciation
$387,475
-
10c · Land, buildings and equipment, net
beginning of year $52,526 · end of year $58,056
-
11 · Investments: publicly traded securities
beginning of year $2,640,588 · end of year $23,493
-
15 · Other assets
beginning of year $2,173,607 · end of year $4,407,072
-
17 · Accounts payable and accrued expenses
beginning of year $709,477 · end of year $18,013
-
25 · Other liabilities
beginning of year $219,875 · end of year $285,400
-
27 · Net assets without donor restrictions
beginning of year -$1,142,821 · end of year -$3,075,161
-
28 · Net assets with donor restrictions
beginning of year $5,160,535 · end of year $7,346,747
Mission and programs · 2022
Mission
NONPROFIT CORPORATION THAT PROVIDES INVESTMENT FUND MANAGEMENT, FUNDRAISING AND FINANCIAL SUPPORT TO THE NEW MEXICO BOYS AND GIRLS RANCHES, INC. (THE RANCHES), ANOTHER 501(C)(3) ORGANIZATION.
-
SUPPORT OF NEW MEXICO BOYS AND GIRLS RANCHES, INC. DISTRIBUTION OF DONATIONS FOR EDUCATION AND CARE OF CHILDREN.
Expenses $48,865
As filed on the 2022 return.
Listed in Part VII
-
Dan CoverDAN COVER
CHAIR
- Total calculated
- $0
- Hours/week
- 2.5
-
Tommy SandersTOMMY SANDERS
TREASURER
- Total calculated
- $0
- Hours/week
- 2.5
-
Allen LewisALLEN LEWIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2.5
-
Nick CostalesNICK COSTALES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2.5
-
Larry KoesterLARRY KOESTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2.5
-
Holly LarsonHOLLY LARSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2.5
-
D McCallD MCCALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2.5
-
Linda YatesLINDA YATES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2.5
-
Heath KullHEATH KULL
PRESIDENT
- Total calculated
- $119,080
- From this org
- $0
- From related orgs
- $109,506
- Other
- $9,574
- Hours/week
- 70
-
Michele KullMICHELE KULL
VICE PRESIDE
- Total calculated
- $101,549
- From this org
- $0
- From related orgs
- $96,794
- Other
- $4,755
- Hours/week
- 50
-
Mikela KullMIKELA KULL
EXECUTIVE DI
- Total calculated
- $63,873
- From this org
- $0
- From related orgs
- $55,380
- Other
- $8,493
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
NEW MEXICO BOYS AND GIRLS RANCHES INC
501C3 · PROGRAM SV · NM
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
THE RANCHES FOUNDATION LLC
MGMT PROPE · NM
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411359349309046
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.