Ring of Champions Inc

Nonprofit profile at a glance

EIN
461643682
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Beeville, TX, USA
Phone
3614436997
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Religion Related N.E.C.
Affiliation
Christianity

Official website

Reported finances

Revenue
$49,599
Expenses
$27,124
Assets
$55,496

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • RALPH MCMULLEN (PRESIDENT/DI)

People named in this filing

  • RALPH MCMULLEN (PRESIDENT/DI)
  • BRAD CONDIT (VICE PRES./D)
  • NETA MCMULLEN (TREASURER/DI)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote, train, educate, minister to and provide spiritual guidance to its volunteers, mentors and to the youth it serves based on solid biblical principles of living as inspired by the holy spirit and as taught by jesus christ.

What it reported doing in 2024

Ring of champions, inc. Was organized to promote, train, educate, minister to and provide spiritual guidance to its volunteers, mentors and to the youth it serves based on solid biblical principles of living as inspired by the holy spirit and as taught by jesus christ. The organization exists to help at-risk juveniles, through programs and mentorship, develop a positive vision for their future by improving their understanding of self worth, giving them coping skills, and keeping them out of the juvenile justice system. The organization facilitates a mentoring program providing mentors and life coaches to incarcerated youth. A vocational racing program is operated to assist at risk youth in learning to work together as well as develop auto mechanic skills and learn the racing industry. A christmas program reaches out to incarcerated youth to provide a celebration as well as a gift to celebrate the season.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 100
  • Sustainability: 68
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 49.8%; rating input score 50
  • Program expense ratio: 91.1%; rating input score 91

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 45.3%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 2.05; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -3.1% per year; rating input score 0; 40th percentile among comparable filings
  • Revenue growth: -0.6% per year; rating input score 0; 49th percentile among comparable filings
  • Asset growth: -4.2% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 49.8% of revenue deployed · 91.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $25K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 50/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.