Is Team Boys Ranch Inc Legit?

Team Boys Ranch Inc demonstrates a generally stable financial position with consistent revenue growth over the past decade, from $204,306 in 2013 to $619,760 in 2023. The organization maintains a healthy asset base, reported at $842,691 in 2023, significantly exceeding its liabilities of $20,671, indicating strong financial solvency. While expenses have generally tracked revenue, the 2023 filing shows expenses ($624,027) slightly exceeding revenue ($619,760), resulting in a minor deficit for that year. However, this is offset by surpluses in prior years, such as 2022 where revenue ($697,095) significantly outpaced expenses ($585,963). The organization exhibits excellent transparency regarding executive compensation, consistently reporting 0% officer compensation across all available filings. This suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor confidence. The NTEE code P73 (Residential Care & Housing Facilities) aligns with the 'Boys Ranch' name, suggesting a clear program focus. Further analysis of program spending versus administrative and fundraising costs would provide a more complete picture of spending efficiency, but the absence of officer compensation is a strong positive. Overall, Team Boys Ranch Inc appears to be a financially sound organization with a clear mission and a commendable commitment to minimizing executive compensation. The consistent growth in assets and revenue, coupled with low liabilities, points to responsible financial management. The slight deficit in 2023 warrants monitoring but does not indicate a systemic issue given the overall financial trajectory.