Sky Ranch At Cave Springs Inc
Sky Ranch At Cave Springs Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 201147040 · Van, TX · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.6M |
| Transparency Score | 85/100 |
Is Sky Ranch At Cave Springs Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sky Ranch At Cave Springs Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sky Ranch At Cave Springs Inc
Sky Ranch At Cave Springs Inc (EIN: 201147040) is a nonprofit organization based in Van, TX, classified under NTEE code X21. The organization reported total revenue of $2.4M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sky Ranch At Cave Springs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sky Ranch At Cave Springs Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$267K |
| Total Assets | $2.8M |
| Total Liabilities | $280K |
| Net Assets | $2.6M |
| Operating Margin | 10.8% |
| Debt-to-Asset Ratio | 9.9% |
| Months of Reserves | 15.4 months |
Financial Health Grade: A
In 2023, Sky Ranch At Cave Springs Inc reported a surplus of $267K with revenue exceeding expenses, holds 15.4 months of operating reserves (strong position), has a debt-to-asset ratio of 9.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sky Ranch At Cave Springs Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.5% | +17.3% | +17.1% |
| 2022 | +24.3% | +21.3% | +15.3% |
| 2021 | +91.3% | -19.9% | +29.6% |
| 2020 | -58.4% | +22.3% | -32.9% |
| 2019 | +31.2% | +14.2% | +42.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2005 |
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 Sky Ranch At Cave Springs 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: 85%
- fundraising: 5%
According to IRS 990 filings, Sky Ranch At Cave Springs 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $267K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $2 million. This either indicates that no officers receive compensation, or that compensation is reported under a different category, which could impact transparency.
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 Sky Ranch At Cave Springs Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into how executive compensation, if any, is reported.
Strengths
The following positive indicators were identified for Sky Ranch At Cave Springs Inc:
- Consistent revenue growth, increasing from $1,814,497 in 2015 to $2,479,713 in 2023.
- Strong asset accumulation, growing from $558,786 in 2015 to $2,832,532 in 2023.
- Expenses consistently lower than revenue in most recent years, indicating financial stability and efficient management.
- Low liabilities relative to assets, with liabilities of $279,742 against assets of $2,832,532 in 2023.
Frequently Asked Questions about Sky Ranch At Cave Springs Inc
Is Sky Ranch At Cave Springs Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sky Ranch At Cave Springs Inc (EIN: 201147040) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Sky Ranch At Cave Springs Inc spend its money?
Sky Ranch At Cave Springs Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sky Ranch At Cave Springs Inc tax-deductible?
Sky Ranch At Cave Springs Inc is registered as a tax-exempt nonprofit (EIN: 201147040). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sky Ranch At Cave Springs Inc CEO make?
Sky Ranch At Cave Springs Inc's highest-compensated officer earns $2 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sky Ranch At Cave Springs Inc's spending goes to programs?
Sky Ranch At Cave Springs Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sky Ranch At Cave Springs Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sky Ranch At Cave Springs Inc is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sky Ranch At Cave Springs Inc located?
Sky Ranch At Cave Springs Inc is headquartered in Van, Texas and files with the IRS under EIN 201147040. It is classified under NTEE code X21.
How many years of IRS 990 filings does Sky Ranch At Cave Springs Inc have?
Sky Ranch At Cave Springs Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.4M in total revenue.
Is Sky Ranch At Cave Springs Inc a good charity?
Based on its financial health, consistent revenue growth, asset accumulation, and low reported liabilities, Sky Ranch At Cave Springs Inc appears to be a financially sound organization. The absence of reported officer compensation is a notable point for further inquiry regarding transparency.
How has Sky Ranch At Cave Springs Inc's revenue trended over time?
Sky Ranch At Cave Springs Inc has shown a strong upward trend in revenue, growing from $1,814,497 in 2015 to $2,479,713 in 2023, with a notable dip in 2020 to $1,007,377, likely due to external factors, but a strong recovery since.
What is the organization's asset growth like?
The organization has experienced significant asset growth, increasing from $558,786 in 2015 to $2,832,532 in 2023, indicating successful financial management and investment in its operational capacity.
Are there any concerns about executive compensation?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this scale. While it could indicate a volunteer-led executive team, it also warrants further investigation to ensure all compensation is transparently disclosed.
Filing History
IRS 990 filing history for Sky Ranch At Cave Springs Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sky Ranch At Cave Springs Inc's revenue has grown by 102.1%, moving from $1.2M to $2.5M. Total assets increased by 963.3% over the same period, from $266K to $2.8M. Total functional expenses rose by 51.8%, from $1.5M to $2.2M. In its most recent filing year (2023), Sky Ranch At Cave Springs Inc reported a surplus of $267K, with revenue exceeding expenses. The organization holds $280K in liabilities against $2.8M in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.2M | $2.8M | $280K | — | View 990 |
| 2022 | $2.4M | $1.9M | $2.4M | $134K | — | View 990 |
| 2021 | $1.9M | $1.6M | $2.1M | $324K | — | View 990 |
| 2020 | $1.0M | $1.9M | $1.6M | $217K | — | — |
| 2019 | $2.4M | $1.6M | $2.4M | $78K | — | View 990 |
| 2018 | $1.8M | $1.4M | $1.7M | $191K | — | View 990 |
| 2017 | $1.9M | $1.6M | $1.1M | $97K | — | View 990 |
| 2016 | $1.9M | $1.5M | $887K | $86K | — | View 990 |
| 2015 | $1.8M | $1.6M | $559K | $151K | — | View 990 |
| 2014 | $1.7M | $1.5M | $745K | $594K | — | View 990 |
| 2013 | $1.5M | $1.3M | $387K | $490K | — | View 990 |
| 2012 | $1.3M | $1.1M | $411K | $676K | — | View 990 |
| 2011 | $1.2M | $1.5M | $266K | $707K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.2M, and assets of $2.8M (revenue +3.5% year-over-year).
- 2022: Revenue of $2.4M, expenses of $1.9M, and assets of $2.4M (revenue +24.3% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.6M, and assets of $2.1M (revenue +91.3% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.9M, and assets of $1.6M (revenue -58.4% year-over-year).
- 2019: Revenue of $2.4M, expenses of $1.6M, and assets of $2.4M (revenue +31.2% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.4M, and assets of $1.7M (revenue -0.9% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.6M, and assets of $1.1M (revenue -0.3% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.5M, and assets of $887K (revenue +3.1% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.6M, and assets of $559K (revenue +4.8% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.5M, and assets of $745K (revenue +17.9% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.3M, and assets of $387K (revenue +11.8% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.1M, and assets of $411K (revenue +7.0% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.5M, and assets of $266K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sky Ranch At Cave Springs Inc:
Data Sources and Methodology
This transparency report for Sky Ranch At Cave Springs 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.