Victory Ranch
Victory Ranch consistently operates at a deficit with declining assets and high liabilities.
EIN: 20561227 · Germantown, TN · NTEE: X20 · Updated: 2026-03-28
Is Victory Ranch Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Victory Ranch directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Victory Ranch
Victory Ranch (EIN: 20561227) is a nonprofit organization based in Germantown, TN, classified under NTEE code X20. The organization reported total revenue of $2.2M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Victory Ranch's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Victory Ranch with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Victory Ranch allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is unusual for an organization of this size with annual revenues exceeding $1.7 million in recent years, suggesting either a fully volunteer executive team or that executive compensation is not transparently reported under officer compensation.
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 Victory Ranch's IRS 990 filings:
- Consistent operating deficits (e.g., 2023: $2,219,484 expenses vs. $1,995,212 revenue)
- Liabilities consistently exceeding assets (e.g., 2023: $4,147,687 liabilities vs. $2,559,220 assets)
- Declining asset base over time (from $4,032,953 in 2014 to $2,559,220 in 2023)
- Unusually low or 0% reported officer compensation for an organization of this size, potentially obscuring leadership costs.
Strengths
The following positive indicators were identified for Victory Ranch:
- Long filing history (13 filings) indicates consistent compliance with IRS reporting requirements.
- Maintains significant asset base despite decline, providing some financial cushion.
Frequently Asked Questions about Victory Ranch
Is Victory Ranch a legitimate charity?
Based on AI analysis of IRS 990 filings, Victory Ranch (EIN: 20561227) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does Victory Ranch spend its money?
Victory Ranch directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Victory Ranch tax-deductible?
Victory Ranch is registered as a tax-exempt nonprofit (EIN: 20561227). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does Victory Ranch consistently spend more than its revenue?
Victory Ranch has reported expenses exceeding revenue in multiple recent periods, such as 2023 ($2,219,484 expenses vs. $1,995,212 revenue) and 2022 ($2,156,066 expenses vs. $1,720,755 revenue). This consistent deficit spending suggests a potential reliance on drawing down reserves, incurring debt, or utilizing restricted funds to cover operational costs.
What is the nature of Victory Ranch's high liabilities?
Victory Ranch's liabilities have consistently been high, ranging from $3.8 million to over $4.2 million, and frequently exceed its total assets. For example, in 2023, liabilities were $4,147,687 while assets were $2,559,220. The specific nature of these liabilities (e.g., mortgages, program-related investments, or other debt) is not detailed in the provided summary but warrants further investigation to understand the organization's financial obligations.
How does Victory Ranch sustain operations with declining assets and consistent deficits?
The organization's assets have declined from $4,032,953 in 2014 to $2,559,220 in 2023, while it frequently runs deficits. This suggests that Victory Ranch may be liquidating assets, relying on new debt, or receiving significant non-cash contributions not fully reflected in reported revenue to maintain operations, which is not a sustainable long-term strategy.
Is the 0% officer compensation accurate, and if so, how is the organization led?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with annual revenues in the millions. This could indicate that executive leadership is entirely volunteer-based, or that compensation for key management is reported under other expense categories, which would reduce transparency regarding leadership costs.
Filing History
IRS 990 filing history for Victory Ranch showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Victory Ranch's revenue has grown by 45.5%, moving from $1.4M to $2.0M. Total assets decreased by 41.1% over the same period, from $4.3M to $2.6M. Total functional expenses rose by 37%, from $1.6M to $2.2M. In its most recent filing year (2023), Victory Ranch reported a deficit of $224K, with expenses exceeding revenue. The organization holds $4.1M in liabilities against $2.6M in assets (debt-to-asset ratio: 162.1%), resulting in net assets of $-1,588,467.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.2M | $2.6M | $4.1M | — | View 990 |
| 2022 | $1.7M | $2.2M | $2.9M | $4.3M | — | View 990 |
| 2021 | $1.7M | $1.8M | $3.0M | $3.9M | — | View 990 |
| 2020 | $676K | $1.1M | $3.2M | $4.0M | — | View 990 |
| 2019 | $2.1M | $2.0M | $3.3M | $3.8M | — | View 990 |
| 2018 | $1.7M | $1.9M | $3.2M | $3.9M | — | View 990 |
| 2017 | $1.4M | $1.8M | $3.4M | $4.0M | — | View 990 |
| 2016 | $1.5M | $1.6M | $3.7M | $3.9M | — | View 990 |
| 2015 | $1.4M | $1.7M | $3.8M | $3.9M | — | View 990 |
| 2014 | $1.7M | $1.6M | $4.0M | $3.9M | — | View 990 |
| 2013 | $1.4M | $1.7M | $4.0M | $3.9M | — | View 990 |
| 2012 | $1.4M | $1.5M | $4.2M | $3.9M | — | View 990 |
| 2011 | $1.4M | $1.6M | $4.3M | $3.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.2M, and assets of $2.6M (revenue +15.9% year-over-year).
- 2022: Revenue of $1.7M, expenses of $2.2M, and assets of $2.9M (revenue -0.5% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.8M, and assets of $3.0M (revenue +155.9% year-over-year).
- 2020: Revenue of $676K, expenses of $1.1M, and assets of $3.2M (revenue -68.3% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $3.3M (revenue +23.5% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.9M, and assets of $3.2M (revenue +22.3% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.8M, and assets of $3.4M (revenue -6.6% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.6M, and assets of $3.7M (revenue +4.5% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.7M, and assets of $3.8M (revenue -14.2% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.6M, and assets of $4.0M (revenue +16.9% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.7M, and assets of $4.0M (revenue +3.3% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.5M, and assets of $4.2M (revenue +1.9% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.6M, and assets of $4.3M.
Data Sources and Methodology
This transparency report for Victory Ranch 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.