Victory Junction Gang Camp
The information on this page was last updated 4/24/2023. If you see errors or omissions, please email: [email protected]
Summary
Free from the confines of disease, illness or disability, children discover that they can just be kids! How does this happen? Victory Junction is a medically safe, yet exhilarating camp, that challenges children who have a serious medical condition to try things they never imagined possible. As they conquer activities like zip lining and archery or experience bowling, fishing or swimming, children build confidence that will shape how they view the rest of their lives.
Camp is available to children ages six to 16. Our campers have come from all 50 states and around the world. The Victory Junction experience is a welcome break for children who spend most of their year receiving medical treatments or attending countless hospital visits. Since opening our gates in 2004, we have served more than 50,000 campers and their family members during summer and family weekend camps, and through our Reach program at children's hospitals and Ronald McDonald Houses.
Contact information
Mailing address:
Victory Junction Gang Camp
4500 Adam's Way
Randleman, NC 27317
Website: victoryjunction.org
Phone: 336-498-9055
Email: [email protected]
Organization details
EIN: 562215292
CEO/President: Chad Coltrane
Chairman: Timothy Welborn
Board size: 15
Founder: Kyle Petty
Ruling year: 2000
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
Kids enjoy their time at Victory Junction, but the benefits of camp extend far beyond the fun of a summer week or family weekend. Recent studies have shown the benefits of camp have a positive life-changing impact on the children we serve. The Victory Junction experience fosters independence, inspires confidence, and builds self-esteem for the campers who enter our gates.
Our commitment at Victory Junction is to provide the best care possible to all the children we serve so experiences here are not only fun and exhilarating, but safe for the kids and worry free for their parents. Excellence is the goal of the programs we create, the medical care we provide and our financial governance.
Mission statement
Victory Junction enriches the lives of children with serious illnesses by providing life-changing camping experiences that are exciting, fun and empowering, at no cost to children or their families.
Statement of faith
Donor confidence score
Show donor confidence score detailsTransparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Camps/Conference Centers
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 1050 of 1102 | 36 of 36 | |
Fund acquisition rating | 1101 of 1103 | 37 of 37 | |
Resource allocation rating | 856 of 1103 | 33 of 37 | |
Asset utilization rating | 846 of 1102 | 30 of 36 |
Financial ratios
Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 20% | 19% | 27% | 62% | 23% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 19% | 18% | 26% | 61% | 21% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 32% | 97% | 95% | 98% | 99% | 89% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 18% | 19% | 21% | 62% | 18% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 68% | 3% | 5% | 2% | 1% | 11% |
Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 74% | 74% | 72% | 35% | 76% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 105% | 92% | 124% | 99% | 118% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 78% | 68% | 89% | 35% | 90% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | -5% | 8% | -24% | 1% | -18% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | -1% | 1% | -3% | 0% | -2% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 7% | 7% | 7% | 3% | 7% |
Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.38 | 0.16 | 0.13 | 0.13 | 0.32 | 0.15 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.62 | 3.20 | 3.13 | 3.24 | 3.28 | 3.94 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.51 | 0.50 | 0.40 | 0.43 | 1.04 | 0.60 |
Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 5.29 | 34.33 | 61.92 | 39.50 | 7.19 | 34.50 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.19 | 0.03 | 0.02 | 0.03 | 0.14 | 0.03 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.90 | 23.24 | 29.59 | 27.20 | 9.98 | 19.57 |
Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 2% | 3% | 2% | 5% | 2% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 1% | 1% | 2% | 1% | 1% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 207% | 629% | 761% | 734% | 300% | 648% |
Financials
Balance sheet | |||||
Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Cash | $5,293,548 | $5,406,741 | $4,951,965 | $5,028,880 | $4,768,871 |
Receivables, inventories, prepaids | $691,645 | $829,332 | $1,474,900 | $2,557,288 | $1,095,021 |
Short-term investments | $5,989,987 | $6,672,577 | $5,692,929 | $4,838,624 | $3,947,037 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $11,975,180 | $12,908,650 | $12,119,794 | $12,424,792 | $9,810,929 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $25,832,908 | $26,927,383 | $27,107,533 | $28,155,071 | $28,850,821 |
Other long-term assets | $528,171 | $524,766 | $0 | $119,251 | $37,896 |
Total long-term assets | $26,361,079 | $27,452,149 | $27,107,533 | $28,274,322 | $28,888,717 |
Total assets | $38,336,259 | $40,360,799 | $39,227,327 | $40,699,114 | $38,699,646 |
Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
Payables and accrued expenses | $348,797 | $208,463 | $306,803 | $1,727,348 | $284,356 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $348,797 | $208,463 | $306,803 | $1,727,348 | $284,356 |
Debt | $258,586 | $446,306 | $655,632 | $339,646 | $580,441 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $0 | $525,672 | $0 | $0 | $0 |
Total long-term liabilities | $258,586 | $971,978 | $655,632 | $339,646 | $580,441 |
Total liabilities | $607,383 | $1,180,441 | $962,435 | $2,066,994 | $864,797 |
Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Without donor restrictions | $34,943,611 | $36,707,796 | $35,276,176 | $36,250,470 | $35,455,674 |
With donor restrictions | $2,785,265 | $2,472,562 | $2,988,716 | $2,381,650 | $2,379,175 |
Net assets | $37,728,876 | $39,180,358 | $38,264,892 | $38,632,120 | $37,834,849 |
Revenues and expenses | |||||
Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
Total contributions | $5,532,315 | $5,300,085 | $4,117,476 | $12,878,621 | $4,384,113 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $138,069 | $275,733 | $62,921 | $96,444 | $481,788 |
Other revenue | $58,574 | $28,398 | $38,394 | $57,090 | $65,096 |
Total other revenue | $196,643 | $304,131 | $101,315 | $153,534 | $546,884 |
Total revenue | $5,728,958 | $5,604,216 | $4,218,791 | $13,032,155 | $4,930,997 |
Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
Program services | $4,459,181 | $3,787,445 | $3,742,637 | $4,559,629 | $4,436,736 |
Management and general | $446,945 | $369,267 | $369,675 | $343,397 | $382,167 |
Fundraising | $1,096,586 | $993,924 | $1,099,090 | $7,962,176 | $1,023,833 |
Total expenses | $6,002,712 | $5,150,636 | $5,211,402 | $12,865,202 | $5,842,736 |
Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Surplus (deficit) | ($273,754) | $453,580 | ($992,611) | $166,953 | ($911,739) |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | ($273,754) | $453,580 | ($992,611) | $166,953 | ($911,739) |
Compensation
Name | Title | Compensation |
Chad Coltrane | CEO & President | $201,253 |
Lisa Weber | CFO | $144,321 |
Jonathan Lemmon | COO | $136,601 |
Frances Beasley | Chief Development Officer | $134,264 |
Tracy Hedrick | VP of Facilities | $129,456 |
Kyle Petty | Emeritus Chairman | $26,105 |
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 4/24/2023. To update the information below, please email: [email protected]
History
In 1999, a lanky, wide-smiling teenager visited Camp Boggy Creek, a SeriousFun camp in Florida, with his dad and knew it was his calling to bring a similar camp to the hills of North Carolina where he grew up. This young man was up and coming racecar driver Adam Petty, son of NASCAR driver Kyle Petty, grandson of racing legend Richard Petty and great grandson of NASCAR pioneer Lee Petty. This fourth generation driver was just starting his own racing career while still sleeping under his parents' roof- but Adam was wise beyond his years. Passion drove him both on the track and in his desire to help others. Between races, Adam was often found in pediatric hospitals visiting children with challenging medical conditions. He also began saving money and developing the plans for the children's camp of his dreams. One year after his touching experience visiting children at Florida's Camp Boggy Creek, Adam Petty tragically lost his life in a racing accident at New Hampshire Motor Speedway. He was only 19 years old.
To honor Adam's memory, the Petty family gathered their strength and challenged themselves, their friends and the NASCAR community to build his inspired dream- a place where children with serious illness would be able to experience the joys of childhood and forget about being sick for a while. With land donated by Richard and Lynda Petty, the Petty family spearheaded a capital campaign in 2002 and dollar by dollar received donations from corporations, individuals and foundations to build what would become Victory Junction, a NASCAR-themed camp located in Randleman, N.C. Adam's legacy of love was realized when we opened our gates to our first campers in June of 2004.
Program accomplishments
Victory Junction is part of SeriousFun Children's Network (SFCN), an alliance of 9 camps nationally and 30 camps worldwide that serve children dealing with serious medical condition and chronic illnesses. Our camp is certified by SeriousFun which provides strict guidelines on camper care, financial competency and program innovations. By networking with other similar camps in SFCN, Victory Junction remains at the forefront of best practices and cutting edge research in to the impact of camp on a child's life.
Victory Junction also meets the rigorous safety standards of the American Camp Association. Our ACA certification gives families the confidence to know that they are entrusting their child to well trained, certified professionals.