Chestnut Mountain Ranch 
The information on this page was last updated 3/23/2023. If you see errors or omissions, please email: [email protected]
Summary
Chestnut Mountain Ranch is a Christ-centered home and school. We reach the hearts of young men and restore broken families through a structured, loving community.
Contact information
Mailing address:
Chestnut Mountain Ranch
244 Ponderosa Ponds Rd
Morgantown, WV 26508
Website: cmrwv.org
Phone: 304-241-1709
Email: [email protected]
Organization details
EIN: 201614712
CEO/President: Stephen Finn
Chairman: Shane Sole
Board size: 10
Founder: Stephen Finn
Ruling year: 2005
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2011
Purpose
Our vision is to restore hope to children and families.
Mission statement
Chestnut Mountain Ranch will establish an academic environment to motivate the student to use his gifts and abilities for God's glory. (Prov. 22:6) Consistent encouragement, meaningful relationships and quality instruction will help the student and his family realize God's purpose in every aspect of their lives and equip them to make sound choices.
Chestnut Mountain Ranch (CMR) is located just 6 miles south of Morgantown, West Virginia on 225 beautiful acres. The Ranch is a Christ-centered safe haven for boys and families in crisis... a place for family restoration, where boys can enjoy school again, and all can experience positive family values.
We modeled CMR after the 25+ year program called Eagle Ranch. Located in Georgia, Eagle Ranch is nationally recognized as one of the best programs in the country, and has been featured on notable programs such as CNN News.
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 788 of 1097 | 89 of 142 |
| Fund acquisition rating | | 654 of 1099 | 73 of 142 |
| Resource allocation rating | | 745 of 1099 | 95 of 142 |
| Asset utilization rating | | 685 of 1097 | 90 of 142 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 8% | 6% | 15% | 17% | 13% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 5% | 4% | 7% | 8% | 8% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 65% | 65% | 48% | 46% | 59% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 8% | 8% | 8% | 8% | 3% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 35% | 35% | 52% | 54% | 41% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 77% | 77% | 77% | 76% | 92% |
Spending ratio Spending ratio = Total expenses / Total revenue | 92% | 70% | 51% | 88% | 99% | 275% |
Program output ratio Program output ratio = Program services / Total revenue | 74% | 54% | 39% | 67% | 75% | 254% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 8% | 30% | 49% | 12% | 1% | -175% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 10% | 25% | 65% | 21% | 2% | -291% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 16% | 15% | 15% | 16% | 5% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.87 | 0.55 | 0.67 | 1.21 | 1.68 | 4.46 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.67 | 1.28 | 1.44 | 1.95 | 3.26 | 2.65 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.55 | 0.71 | 0.96 | 2.37 | 5.48 | 11.81 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 17.03 | 13.37 | 34.84 | 12.40 | 7.14 | 14.03 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.07 | 0.03 | 0.08 | 0.14 | 0.07 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.96 | 15.70 | 12.08 | 4.66 | 1.88 | 0.94 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 6% | 2% | 18% | 4% | 3% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 105% | 170% | 146% | 67% | 57% | 22% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $3,128,071 | $1,932,073 | $659,612 | $250,950 | $301,868 |
| Receivables, inventories, prepaids | $47,640 | $26,642 | $25,742 | $25,290 | $24,368 |
| Short-term investments | $164,008 | $164,008 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,339,719 | $2,122,723 | $685,354 | $276,240 | $326,236 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $421,351 | $357,531 | $287,139 | $257,421 | $254,573 |
| Other long-term assets | $505,934 | $573,465 | $365,549 | $365,885 | $283,751 |
| Total long-term assets | $927,285 | $930,996 | $652,688 | $623,306 | $538,324 |
| Total assets | $4,267,004 | $3,053,719 | $1,338,042 | $899,546 | $864,560 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $249,806 | $60,931 | $55,258 | $38,667 | $23,251 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $249,806 | $60,931 | $55,258 | $38,667 | $23,251 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $190,642 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $190,642 | $0 | $0 |
| Total liabilities | $249,806 | $60,931 | $245,900 | $38,667 | $23,251 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $4,017,198 | $2,992,788 | $1,092,142 | $860,879 | $841,309 |
| With donor restrictions | $0 | $0 | $0 | $0 | $0 |
| Net assets | $4,017,198 | $2,992,788 | $1,092,142 | $860,879 | $841,309 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $2,212,026 | $2,608,722 | $884,895 | $709,316 | $832,964 |
| Program service revenue | $1,147,144 | $1,074,588 | $896,217 | $734,027 | $554,203 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $7,863 | $12 | $14 | $15 | $13 |
| Other revenue | $12,140 | $307,426 | $72,530 | $88,626 | $15,242 |
| Total other revenue | $1,167,147 | $1,382,026 | $968,761 | $822,668 | $569,458 |
| Total revenue | $3,379,173 | $3,990,748 | $1,853,656 | $1,531,984 | $1,402,422 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $1,813,127 | $1,571,595 | $1,244,517 | $1,146,780 | $3,560,250 |
| Management and general | $369,618 | $314,838 | $246,350 | $245,027 | $188,178 |
| Fundraising | $179,704 | $161,648 | $131,526 | $120,607 | $105,374 |
| Total expenses | $2,362,449 | $2,048,081 | $1,622,393 | $1,512,414 | $3,853,802 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $1,016,724 | $1,942,667 | $231,263 | $19,570 | ($2,451,380) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,016,724 | $1,942,667 | $231,263 | $19,570 | ($2,451,380) |
Compensation
| Name | Title | Compensation |
| Steve Finn | Executive Di | $58,671 |
| Kevin Bode | Treasurer | $47,259 |
Compensation data as of: 12/31/2022
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/23/2023. To update the information below, please email: [email protected]
History
For a timeline, visit: https://cmrwv.org/about-us/our-history/