Heritage Ranch Inc

Heritage Ranch Inc. shows fluctuating revenues and expenses over a decade, with no reported officer compensation.

EIN: 200755792 · Eastsound, WA · NTEE: B99 · Updated: 2026-03-28

$313KRevenue

$725KAssets

80/100Mission Score (Excellent)

B99

About Heritage Ranch Inc

Heritage Ranch Inc (EIN: 200755792) is a nonprofit organization based in Eastsound, WA, classified under NTEE code B99. The organization reported total revenue of $313K and total assets of $725K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heritage Ranch Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Heritage Ranch Inc. demonstrates a fluctuating financial history, with revenues and expenses varying significantly over the past decade. While the organization has shown periods of strong revenue generation, such as $624,040 in 2018 and $579,343 in 2019, it has also experienced years where expenses exceeded revenue, notably in 2018 where expenses were $787,156 against $624,040 in revenue. The latest available data for 2022 shows revenue of $465,704 and expenses of $459,883, indicating a near break-even year. The organization's assets have generally grown, reaching $781,151 in 2022, but liabilities have also increased, standing at $499,900 in the same period, which is a significant portion of its assets.

The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive indicator of spending efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The organization's financial health appears stable in recent years, with assets exceeding liabilities, but the high liability-to-asset ratio in 2022 (approximately 64%) warrants closer examination.

In terms of transparency, the consistent filing of IRS Form 990s over a decade is commendable. The absence of officer compensation is a strong point. However, to fully assess transparency and spending efficiency, more detailed information on the allocation of expenses (program vs. administrative vs. fundraising) would be beneficial. The fluctuating financial performance suggests a need for consistent financial planning and management to ensure long-term sustainability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Heritage Ranch Inc with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Heritage Ranch Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with revenues ranging from tens of thousands to over half a million dollars annually.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Heritage Ranch Inc's IRS 990 filings:

Significant fluctuations in annual revenue and expenses, indicating potential instability in funding or operations.
High liability-to-asset ratio in recent years (e.g., $499,900 liabilities against $781,151 assets in 2022), which could indicate financial strain or significant debt.
Periods where expenses substantially exceeded revenue (e.g., 2018 with $787,156 expenses vs. $624,040 revenue), suggesting potential operational deficits.

Strengths

The following positive indicators were identified for Heritage Ranch Inc:

Consistent reporting of 0% officer compensation across all filings, demonstrating a strong commitment to mission-focused spending.
Overall growth in assets over the decade, from $345,511 in 2011 to $781,151 in 2022.
Consistent filing of IRS Form 990s, indicating good compliance and transparency in financial reporting.

Frequently Asked Questions about Heritage Ranch Inc

Is Heritage Ranch Inc. financially stable?

Heritage Ranch Inc. has shown periods of both surplus and deficit. While assets have generally grown to $781,151 in 2022, liabilities also increased to $499,900 in the same year, indicating a significant portion of assets are offset by debt. The organization's financial stability appears to be improving in recent years, with revenue exceeding expenses in 2021 and nearly breaking even in 2022.

How does Heritage Ranch Inc. manage executive compensation?

Heritage Ranch Inc. reports 0% officer compensation in all available IRS 990 filings, meaning no salaries are paid to its executives. This is a strong positive indicator of the organization's commitment to its mission.

What is the trend in Heritage Ranch Inc.'s revenue?

Heritage Ranch Inc.'s revenue has fluctuated significantly over the past decade, ranging from a low of $22,969 in 2014 to a high of $624,040 in 2018. More recently, revenue was $465,704 in 2022, showing a rebound from $355,104 in 2021 but lower than the 2018 peak.

Are the organization's liabilities a concern?

Liabilities have increased significantly over time, reaching $499,900 in 2022, which represents approximately 64% of its total assets ($781,151). While assets still exceed liabilities, this high ratio warrants attention and could indicate reliance on debt or restricted funds.

Filing History

IRS 990 filing history for Heritage Ranch Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2022), Heritage Ranch Inc's revenue has declined by 16.3%, moving from $556K to $466K. Total assets increased by 126.1% over the same period, from $346K to $781K. Total functional expenses fell by 22.9%, from $596K to $460K. In its most recent filing year (2022), Heritage Ranch Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $500K in liabilities against $781K in assets (debt-to-asset ratio: 64.0%), resulting in net assets of $281K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$466K	$460K	$781K	$500K	—	View 990
2021	$355K	$209K	$693K	$417K	—	View 990
2019	$579K	$452K	$572K	$267K	—	View 990
2018	$624K	$787K	$411K	$273K	—	View 990
2016	$75K	$82K	$116K	$-17,378	—	View 990
2015	$107K	$122K	$181K	$23K	—	View 990
2014	$23K	$102K	$338K	$-47,414	—	View 990
2013	$256K	$207K	$254K	$37K	—	View 990
2012	$223K	$277K	$303K	$64K	—	View 990
2011	$556K	$596K	$346K	$21K	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $466K, expenses of $460K, and assets of $781K (revenue +31.1% year-over-year).
2021: Revenue of $355K, expenses of $209K, and assets of $693K (revenue -38.7% year-over-year).
2019: Revenue of $579K, expenses of $452K, and assets of $572K (revenue -7.2% year-over-year).
2018: Revenue of $624K, expenses of $787K, and assets of $411K (revenue +731.9% year-over-year).
2016: Revenue of $75K, expenses of $82K, and assets of $116K (revenue -30.1% year-over-year).
2015: Revenue of $107K, expenses of $122K, and assets of $181K (revenue +367.4% year-over-year).
2014: Revenue of $23K, expenses of $102K, and assets of $338K (revenue -91.0% year-over-year).
2013: Revenue of $256K, expenses of $207K, and assets of $254K (revenue +14.8% year-over-year).
2012: Revenue of $223K, expenses of $277K, and assets of $303K (revenue -60.0% year-over-year).
2011: Revenue of $556K, expenses of $596K, and assets of $346K.

Data Sources and Methodology

This transparency report for Heritage Ranch Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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