Sheriffs Ranches Enterprises Inc
Sheriffs Ranches Enterprises Inc shows stable revenue but a significant increase in liabilities in its latest filing.
EIN: 202796863 · Live Oak, FL · NTEE: P11 · Updated: 2026-03-28
Is Sheriffs Ranches Enterprises Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sheriffs Ranches Enterprises Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sheriffs Ranches Enterprises Inc
Sheriffs Ranches Enterprises Inc (EIN: 202796863) is a nonprofit organization based in Live Oak, FL, classified under NTEE code P11. The organization reported total revenue of $10.1M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sheriffs Ranches Enterprises Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sheriffs Ranches Enterprises Inc is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $4.7M |
| Surplus / Deficit | +$102K |
| Total Assets | $3.3M |
| Total Liabilities | $2.2M |
| Net Assets | $1.1M |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 66.4% |
| Months of Reserves | 8.4 months |
Financial Health Grade: A
In 2023, Sheriffs Ranches Enterprises Inc reported a surplus of $102K with revenue exceeding expenses, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 66.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sheriffs Ranches Enterprises Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.6% | +12.4% | +165.6% |
| 2022 | -12.4% | -1.8% | -8.1% |
| 2021 | +33.9% | +15.3% | +7.7% |
| 2020 | -16.4% | -6.7% | +14.5% |
| 2019 | +11.1% | +5.1% | +25.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sheriffs Ranches Enterprises Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Sheriffs Ranches Enterprises Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $102K, with revenue exceeding expenses.
- Debt-to-asset ratio: 66.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership may be uncompensated or compensated through means not classified as officer compensation on the 990, which is a strong positive for resource allocation.
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 Sheriffs Ranches Enterprises Inc's IRS 990 filings:
- Significant increase in liabilities from $235,250 in 202209 to $2,170,985 in 202309, requiring further investigation.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data.
Strengths
The following positive indicators were identified for Sheriffs Ranches Enterprises Inc:
- Consistent revenue generation over multiple years, demonstrating financial stability.
- No reported officer compensation, indicating efficient use of funds for mission-related activities.
- Assets have shown significant growth, from $1,230,660 in 202209 to $3,268,654 in 202309.
- Expenses generally align with revenues, suggesting responsible financial management.
Frequently Asked Questions about Sheriffs Ranches Enterprises Inc
Is Sheriffs Ranches Enterprises Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sheriffs Ranches Enterprises Inc (EIN: 202796863) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Sheriffs Ranches Enterprises Inc spend its money?
Sheriffs Ranches Enterprises Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sheriffs Ranches Enterprises Inc tax-deductible?
Sheriffs Ranches Enterprises Inc is registered as a tax-exempt nonprofit (EIN: 202796863). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the substantial increase in liabilities from $235,250 in 202209 to $2,170,985 in 202309?
The provided data does not specify the nature of this liability increase. It could be due to new debt, deferred revenue, or other financial obligations.
How does Sheriffs Ranches Enterprises Inc fund its operations without reporting officer compensation?
The 0% officer compensation suggests that executive leadership may be volunteer-based, compensated through a related entity, or that their compensation is categorized differently within the 990's expense structure.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of these expense categories, which would require reviewing the full IRS Form 990.
Filing History
IRS 990 filing history for Sheriffs Ranches Enterprises Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sheriffs Ranches Enterprises Inc's revenue has grown by 72.1%, moving from $2.8M to $4.8M. Total assets increased by 392.3% over the same period, from $664K to $3.3M. Total functional expenses rose by 71.7%, from $2.7M to $4.7M. In its most recent filing year (2023), Sheriffs Ranches Enterprises Inc reported a surplus of $102K, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $3.3M in assets (debt-to-asset ratio: 66.4%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $4.7M | $3.3M | $2.2M | — | View 990 |
| 2022 | $4.1M | $4.2M | $1.2M | $235K | — | View 990 |
| 2021 | $4.6M | $4.2M | $1.3M | $249K | — | View 990 |
| 2020 | $3.5M | $3.7M | $1.2M | $562K | — | View 990 |
| 2019 | $4.2M | $3.9M | $1.1M | $200K | — | View 990 |
| 2018 | $3.7M | $3.7M | $863K | $193K | — | View 990 |
| 2017 | $3.7M | $3.8M | $890K | $209K | — | View 990 |
| 2016 | $3.6M | $3.6M | $1.0M | $226K | — | View 990 |
| 2015 | $3.4M | $3.3M | $943K | $212K | — | View 990 |
| 2014 | $3.1M | $3.1M | $859K | $202K | — | View 990 |
| 2013 | $2.9M | $3.0M | $934K | $243K | — | View 990 |
| 2012 | $3.2M | $2.9M | $965K | $163K | — | View 990 |
| 2011 | $2.8M | $2.7M | $664K | $179K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $4.7M, and assets of $3.3M (revenue +17.6% year-over-year).
- 2022: Revenue of $4.1M, expenses of $4.2M, and assets of $1.2M (revenue -12.4% year-over-year).
- 2021: Revenue of $4.6M, expenses of $4.2M, and assets of $1.3M (revenue +33.9% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.7M, and assets of $1.2M (revenue -16.4% year-over-year).
- 2019: Revenue of $4.2M, expenses of $3.9M, and assets of $1.1M (revenue +11.1% year-over-year).
- 2018: Revenue of $3.7M, expenses of $3.7M, and assets of $863K (revenue +1.3% year-over-year).
- 2017: Revenue of $3.7M, expenses of $3.8M, and assets of $890K (revenue +1.0% year-over-year).
- 2016: Revenue of $3.6M, expenses of $3.6M, and assets of $1.0M (revenue +8.4% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.3M, and assets of $943K (revenue +8.4% year-over-year).
- 2014: Revenue of $3.1M, expenses of $3.1M, and assets of $859K (revenue +5.7% year-over-year).
- 2013: Revenue of $2.9M, expenses of $3.0M, and assets of $934K (revenue -9.3% year-over-year).
- 2012: Revenue of $3.2M, expenses of $2.9M, and assets of $965K (revenue +16.6% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.7M, and assets of $664K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sheriffs Ranches Enterprises Inc:
Data Sources and Methodology
This transparency report for Sheriffs Ranches Enterprises 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.