CAL FARLEY'S BOYS RANCH FOUNDATION

EIN: 751080987 501(c)(3) Human Services

AMARILLO, TX

Total Revenue
$43,023,991
Total Expenses
$28,859,269
Total Assets
$525,203,422
Net Assets
$470,585,737
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
TX
Principal Officer
RICHARD NEDELKOFF
Phone
8063722341
Tax Period
2024-10-01 to 2025-09-30

CAL FARLEY'S BOYS RANCH FOUNDATION, founded in 1960, is a mid-sized nonprofit in the Human Services sector that reported $43.0M in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14.2M, a strong 33% operating margin.

Mission

THE PRIMARY EXEMPT PURPOSE IS TO PROVIDE SUPPORT TO CAL FARLEY'S BOYS RANCH, DBA CAL FARLEY'S, A CODE SECTION 501(C)(3) ORGANIZATION. CAL FARLEY'S IS A NON-PROFIT ORGANIZATION PROVIDING CONTINUUM OF CARE THAT OFFERS MENTAL HEALTH SERVICES, EDUCATION, AND COMMUNITY RESOURCES TO CHILDREN AND THEIR FAMILIES THROUGHOUT OUR SURROUNDING COMMUNITIES ACROSS THE NATION. OUR MISSION IS TO PROVIDE PROFESSIONAL PROGRAMS AND SERVICES IN A CHRIST-CENTERED ATMOSPHERE TO STRENGTHEN FAMILIES AND SUPPORT OVERALL DEVELOMENT OF CHILDREN. TO DO THIS, WE ARE COMMITTED TO PROVIDING A SAFE AND NURTURING ENVIRONMENT FOR CHILDREN WHO HAVE EXPERIENCED ABUSE, NEGLECT, OR OTHER DIFFICULT CIRCUMSTANCES. PROGRAMS AND SERVICES OFFERED INCLUDE BOYS RANCH, INDEPENDENT LIVING PROGRAM, TRANSITIONAL AFTERCARE, FAMILY PRESERVATION, FAMILY ENGAGEMENT, ALUMNI CASE MANAGEMENT, AND COMMUNITY COUNSELING.

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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 $8,273,893
Program Service Revenue $0
Investment Income $33,967,197
Other Revenue $782,901
TOTAL REVENUE $43,023,991

Expense Breakdown

Grants Paid $15,826,386
Salaries & Benefits $0
Fundraising Expenses $9,573,740
Program Expenses $17,657,459
Other Expenses $5,257,870
TOTAL EXPENSES $28,859,269

Year-over-Year Comparison

2024 2023 Change
Revenue $43,023,991 $26,950,312 +0.6%
Expenses $28,859,269 $19,383,732 +0.5%
Net Income $14,164,722 $7,566,580 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
5
$580,959
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE BONNER CHAIRMAN 1.00
Officer Director
$0 $0 $0
RODNEY RUTHART VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
ROD SCHRODER SECRETARY 1.00
Officer Director
$0 $0 $0
JULIE ATTEBURY DIRECTOR 1.00
Director
$0 $0 $0
MIKE KING DIRECTOR 1.00
Director
$0 $0 $0
LANCE PURCELL DIRECTOR 1.00
Director
$0 $0 $0
MALCOLM SHELTON DIRECTOR 1.00
Director
$0 $0 $0
CLAUDIA STEWART DIRECTOR 1.00
Director
$0 $0 $0
RICHARD NEDELKOFF CEO/PRESIDENT 1.00
Officer
$0 $25,455 $367,866
MEGAN JOHNSON VICE PRESIDENT 1.00
Officer
$0 $18,528 $213,093
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
2025 $43,023,991 $28,859,269 $525,203,422 $14,164,722
2024 $26,950,312 $19,383,732 $458,668,024 $7,566,580
2023 $27,192,235 $18,703,967 $386,187,818 $8,488,268
2022 $39,306,291 $18,753,915 $353,153,021 $20,552,376
2021 $21,561,127 $18,029,410 $418,737,875 $3,531,717
2020 $22,014,307 $18,735,690 $356,421,554 $3,278,617
2019 $19,395,849 $20,592,263 $347,687,369 $-1,196,414
2018 $14,130,034 $19,444,738 $351,674,114 $-5,314,704
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