THE RANCH MINISTIRES

EIN: 272489204 501(c)(3) Religion

OMAHA, NE

Total Revenue
$499,968
Total Expenses
$640,730
Total Assets
$711,556
Net Assets
$711,556
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NE
Principal Officer
KENNETH KORKOW
Phone
4026777082
Tax Period
2024-01-01 to 2024-12-31

THE RANCH MINISTIRES, founded in 2010, is a small nonprofit in the Religion sector that reported $500K in total revenue in fiscal year 2024. Expenses of $641K exceeded revenue, resulting in a 28% operating deficit.

Mission

SHARE OF GOSPEL OF JESUS CHRIST THROUGH ACTIVITIES. PROVIDE RETREATS, EVENTS, ACTIVITIES, BIBLE STUDIES TO MILITARY GROUPS, YOUTH, RELIGIOUS, AND BUSINESSES, ETC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $499,968
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $499,968

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $640,730
Other Expenses $640,730
TOTAL EXPENSES $640,730

Year-over-Year Comparison

2024 2023 Change
Revenue $499,968 $476,958 +0.0%
Expenses $640,730 $501,607 +0.3%
Net Income $-140,762 $-24,649 +4.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRAVIS PAULSEN BOARD MEMBER 1.00
Director
$0 $0 $0
JERRY MAYER BOARD MEMBER 1.00
Director
$0 $0 $0
KENNETH KORKOW President 40.00
Officer
$0 $0 $0
MARTIN CONROY Secretary 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $499,968 $640,730 $711,556 $-140,762
2023 $476,958 $501,607 $852,318 $-24,649
2022 $638,207 $792,294 $876,967 $-154,087
2021 $1,477,349 $565,950 $1,031,054 $911,399
2020 $424,001 $404,870 $119,655 $19,131
2019 $450,609 $373,607 $100,524 $77,002
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