Is Destined To Win Second Chance Ranch Inc Legit?

Quick charity verification for Destined To Win Second Chance Ranch Inc (EIN: 201254789)

Verdict: Destined To Win Second Chance Ranch Inc appears trustworthy

92/100Mission Score
$2.9MRevenue
$6.3MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Destined To Win Second Chance Ranch Inc demonstrates strong financial health and growth over the past decade. The organization has consistently increased its revenue, from $607,175 in 2014 to $2,326,743 in 2023, and its assets have grown significantly from $1,824,950 to $5,272,975 in the same period. This sustained growth indicates effective fundraising and asset management. The organization also maintains a healthy financial position with relatively low liabilities compared to its assets, suggesting good fiscal responsibility. The spending efficiency appears robust, with expenses consistently lower than revenue, allowing for asset accumulation. For example, in 2023, expenses were $1,528,910 against revenues of $2,326,743, indicating a substantial surplus reinvested into the organization or its mission. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards programmatic activities rather than executive salaries. This practice enhances donor confidence and suggests a volunteer-driven or very lean administrative structure at the leadership level. Overall, the organization exhibits strong financial management, consistent growth, and a high degree of transparency regarding executive compensation. The increasing asset base and consistent revenue growth position it well for future program expansion and impact. The absence of reported officer compensation is a notable positive for transparency and efficiency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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