Nonprofit · EIN 26-3268114
BIT OF HOPE RANCH
Tax-exempt · GASTONIA, NC 28056
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $570,944 | $562,302 | $8,642 | $254,460 | $6,597 | $247,863 |
| December 31, 2024 | 990 | $428,244 | $582,030 | -$153,786 | $248,871 | $9,650 | $239,221 |
| December 31, 2023 | 990 | $435,956 | $424,533 | $11,423 | $399,417 | $7,367 | $392,050 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $177,598
- Program service revenue
- $374,944
- Investment income
- $1,717
- Net income from fundraising events
- $16,685
- Other revenue
- $16,685
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $45,533
- Salaries, compensation and benefits (total)
- $49,436
- Professional fundraising fees
- $0
- Accounting fees
- $5,950
- Occupancy
- $43,883
- Depreciation
- $31,170
- Program services (functional)
- $418,248
- Management and general (functional)
- $117,824
- Fundraising (functional)
- $26,230
Balance sheet and other
- Total assets, start of year
- $248,871
- Total assets, end of year
- $254,460
- Total liabilities, end of year
- $6,597
- Net assets, end of year
- $247,863
- Land, buildings and equipment
- $98,783
- Net assets without donor restrictions
- $247,863
- Gross receipts
- $576,011
- Employees
- 1
- Volunteers
- 2,600
- Year formed
- 2008
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Meg Vanderbilt | Non-Voting Board Member Officer | 50 | $45,000 |
| Jane Weaver | Non-Voting Board Member Trustee or director | 20 | $0 |
| Sharron Davis | Member Trustee or director | 1 | $0 |
| Rachael Powell | Member Trustee or director | 4 | $0 |
| Matt Vanderbilt | Chairman Officer | 10 | $0 |
| Jacki Summey | Vice Chair Officer | 2 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Meg Vanderbilt | Executive Dir. Officer | 40 | $45,240 |
| Matt Vanderbilt | President Trustee or director | 1 | $0 |
| Jacki Summey | Secretary Trustee or director | 1 | $0 |
| Jane Weaver | Director Trustee or director | 1 | $0 |
| Sharron Davis | Director Trustee or director | 1 | $0 |
| Rachael Powell | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MEG VANDERBILT | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $45,549 |
| BRIAN HICKMAN | DIRECTOR Trustee or director | 1 | $0 |
| SHARRON DAVIS | DIRECTOR Trustee or director | 1 | $0 |
| EMILY REIDENOUER | DIRECTOR Trustee or director | 1 | $0 |
| JACKIE SUMMEY | DIRECTOR Trustee or director | 1 | $0 |
| EMMAUS VANDERBILT | DIRECTOR Trustee or director | 1 | $0 |
| MATT VANDERBILT | CHAIRMAN Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5001 CR WOOD RD, GASTONIA, NC 28056-8919
- In care of
- % MEG VANDERBILT
- Principal officer (990 for 2025)
- Meg Vanderbilt, 5001 CR Wood Rd, Gastonia, NC 28056
- Signed the 990
- Meg Vanderbilt, Executive Director
- Phone
- (704) 862-0095
- Return prepared by
- Loupus Financial
Mission
Equine Assisted Therapies. Bit of Hope Ranch exists to reach rescue and restore hurting children families and horses by offering mental health services.
Program accomplishments
- Counseling Horse Adoption and Rental Education and Therapeutic RidingExpenses $418,248 · revenue $374,944
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3268114
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P80)
- Assets (IRS master file)
- $254,460
- Income (IRS master file)
- $576,011
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $570,944 | $562,302 | $254,460 | XML |
| 990 | December 2024 | $428,244 | $582,030 | $248,871 | XML |
| 990 | December 2023 | $435,956 | $424,533 | $399,417 | XML |
| 990 | December 2022 | $405,206 | $420,560 | $382,312 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3268114).
Questions about BIT OF HOPE RANCH
- What is the EIN of BIT OF HOPE RANCH?
- The employer identification number (EIN) of BIT OF HOPE RANCH is 26-3268114.
- Is BIT OF HOPE RANCH tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to BIT OF HOPE RANCH tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BIT OF HOPE RANCH file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BIT OF HOPE RANCH due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BIT OF HOPE RANCH last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of BIT OF HOPE RANCH?
- The 990 for the year ended December 31, 2025 names Meg Vanderbilt.
- Who are the officers and directors of BIT OF HOPE RANCH?
- The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $45,000 (Meg Vanderbilt, Non-Voting Board Member).
- How much revenue does BIT OF HOPE RANCH have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $570,944, expenses of $562,302 and total assets of $254,460 at year end.
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