Wears Valley Ranch
The information on this page was last updated 7/12/2024. If you see errors or omissions, please email: [email protected]
Summary
Wears Valley Ranch (in Sevierville, Tennessee) provides Christian homes, education, and counseling to children in crisis situations.
Contact information
Mailing address:
Wears Valley Ranch
100 One Fine Place
Sevierville, TN 37862
Website: wvr.org
Phone: 865-429-5437
Email: [email protected]
Organization details
EIN: 581933629
CEO/President: Clayton Wood
Chairman: Russell Devore
Board size: 10
Founder:
Ruling year: 1991
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2001
Purpose
To see every person inspired to follow Christ, healed from the past, and equipped to reach his or her full potential.
Mission statement
Promote the spiritual, emotional, intellectual, social and physical development of children in need of a stronger family support system, through Christ-centered home settings.
Statement of faith
The Bible
The Bible is God's Word. It contains truth without any mixture of error. We accept its authority over every area of our lives. Through it we come to know God as revealed in the person of Jesus Christ. There are some things in the Bible that we may not fully understand, but as we study we can always learn more.
God
God is the creator of all things. He is perfect, eternal, self-existent, all knowing, all powerful, and present everywhere. He is Father, Son, and Holy Spirit. He has revealed Himself finally through Jesus the Messiah, Who was born of a virgin, lived a sinless life, died on the cross as the full payment for the sins of all who believe, rose from the dead, and is coming again in glory.
Man
Man was created by God for the purpose of serving Him and enjoying fellowship with Him forever. Given the freedom to choose good or evil, our first parents, Adam and Eve, chose evil with the result that suffering and death have passed to every generation in history. All of us demonstrate the effects of this sin in that from our earliest opportunity each of us chooses to disobey God. The consequence is guilt and eternal death.
Salvation
Despite our sin, God loved us so much that He gave His only Son to provide a sacrifice that would remove the guilt of everyone who trusts in Jesus. Salvation is only available through God's grace (undeserved favor) and is received by those who trust Jesus as their Savior and Lord. Salvation is more than being forgiven. It means a new life in which God comes to live in us and change us by His power from the inside out.
The Church
When a person is led by God's Spirit to trust in Jesus and receives Him as Lord and Savior, that individual becomes part of a family that is worldwide and will live forever. This family of believers is the Church. Members of the Church are commanded to meet together and worship God, study His word and strengthen one another. We are also commanded to take the good news of God's love to people all over the world until everyone has had the opportunity to trust Jesus. Someday people everywhere will have heard the good news, and Jesus will return to earth to take all His family home to be with Him forever.
Authority
The Wears Valley Ranch Statement of Faith does not exhaust the extent of our beliefs. The Bible itself, as the inspired and infallible Word of God that speaks with final authority concerning truth, morality, and the proper conduct of mankind, is the sole and final source of all that we believe. For purposes of Wears Valley Ranch's faith, doctrine, practice, policy, and discipline, our Board of Directors is Wears Valley Ranch's final interpretive authority on the Bible's meaning and application.
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Adoption/Foster Care
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 732 of 1118 | 25 of 34 | |
Fund acquisition rating | 599 of 1119 | 15 of 34 | |
Resource allocation rating | 288 of 1119 | 18 of 34 | |
Asset utilization rating | 1073 of 1118 | 34 of 34 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 7% | 7% | 5% | 5% | 5% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 6% | 6% | 5% | 4% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 72% | 84% | 87% | 91% | 95% | 81% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 6% | 6% | 8% | 5% | 5% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 28% | 16% | 13% | 9% | 5% | 19% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 83% | 82% | 78% | 79% | 80% |
Spending ratio Spending ratio = Total expenses / Total revenue | 100% | 107% | 98% | 60% | 84% | 93% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 90% | 80% | 47% | 66% | 74% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 0% | -7% | 2% | 40% | 16% | 7% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | -3% | 1% | 19% | 5% | 2% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 11% | 12% | 14% | 16% | 16% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.77 | 0.37 | 0.34 | 0.29 | 0.29 | 0.31 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.37 | 4.47 | 4.19 | 3.75 | 4.27 | 5.42 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.46 | 1.66 | 1.41 | 1.08 | 1.25 | 1.70 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.97 | 67.69 | 64.96 | 26.07 | 356.69 | 297.04 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.01 | 0.02 | 0.04 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 7.14 | 7.12 | 8.39 | 10.73 | 9.59 | 7.03 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 0% | 0% | 1% | 0% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 97% | 269% | 297% | 346% | 342% | 319% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $1,508,355 | $1,531,439 | $1,992,369 | $1,382,490 | $970,209 |
Receivables, inventories, prepaids | $4,523 | $283,756 | $17,937 | $1,929 | $0 |
Short-term investments | $562,935 | $442,711 | $529,035 | $399,050 | $354,587 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $2,075,813 | $2,257,906 | $2,539,341 | $1,783,469 | $1,324,796 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $7,088,462 | $7,075,308 | $6,882,070 | $5,743,665 | $5,754,084 |
Other long-term assets | $120,283 | $130,726 | $113,504 | $95,840 | $100,840 |
Total long-term assets | $7,208,745 | $7,206,034 | $6,995,574 | $5,839,505 | $5,854,924 |
Total assets | $9,284,558 | $9,463,940 | $9,534,915 | $7,622,974 | $7,179,720 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $30,366 | $23,391 | $97,388 | $4,387 | $500 |
Other current liabilities | $300 | $11,365 | $0 | $613 | $3,960 |
Total current liabilities | $30,666 | $34,756 | $97,388 | $5,000 | $4,460 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
Total liabilities | $30,666 | $34,756 | $97,388 | $5,000 | $4,460 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $8,117,504 | $8,351,694 | $8,551,631 | $7,488,280 | $6,992,127 |
With donor restrictions | $1,136,388 | $1,077,490 | $885,896 | $129,694 | $183,133 |
Net assets | $9,253,892 | $9,429,184 | $9,437,527 | $7,617,974 | $7,175,260 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $2,708,070 | $2,831,843 | $4,118,897 | $2,499,741 | $1,968,030 |
Program service revenue | $450,026 | $380,660 | $355,429 | $91,168 | $333,786 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | ($3,618) | $24,233 | $32,585 | $19,669 | $80,612 |
Other revenue | $54,547 | $20,130 | $22,400 | $31,936 | $46,588 |
Total other revenue | $500,955 | $425,023 | $410,414 | $142,773 | $460,986 |
Total revenue | $3,209,025 | $3,256,866 | $4,529,311 | $2,642,514 | $2,429,016 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $2,873,439 | $2,607,377 | $2,131,960 | $1,753,891 | $1,792,552 |
Management and general | $375,234 | $371,736 | $392,205 | $353,559 | $355,218 |
Fundraising | $196,898 | $200,954 | $206,254 | $117,243 | $104,625 |
Total expenses | $3,445,571 | $3,180,067 | $2,730,419 | $2,224,693 | $2,252,395 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | ($236,546) | $76,799 | $1,798,892 | $417,821 | $176,621 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | ($236,546) | $76,799 | $1,798,892 | $417,821 | $176,621 |
Compensation
Name | Title | Compensation |
Jim Wood | Director, Founder | $277,362 |
Brian McDonnel | Sec/Tres | $120,342 |
Clayton Wood | President | $61,316 |
Compensation data as of: 12/31/2023
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 7/12/2024. To update the information below, please email: [email protected]