For additional articles covering OUR, please go to ACJ Investigates- Derailed: Operation Underground Railroad
Starting Position (Beginning of Year Assets)
At the beginning of 2016, Operation Underground Railroad reported:
Total Assets:
$3,846,875
This represents what O.U.R. entered the year with in cash, investments, equipment, and other organizational assets. The beginning balance aligns with the prior year’s ending asset figures.
Money Collected During 2016
The organization reported:
Contributions and Grants:
$6,830,784
Additional revenue included:
- Gym memberships: $104,192
- Merchandise sales: $11,734
- Investment income: $1,148
- Rental income: $5,164
- Other revenue: ($6,975) net loss reported
Total Reported Revenue:
$6,946,047
O.U.R. reported raising nearly $6.95 million during the 2016 reporting year.
What They Had Available at End of Year
End-of-Year Total Assets:
$5,136,769
Net Assets / Fund Balance:
$5,025,758
After reported operations and expenditures, O.U.R. concluded 2016 with approximately $5.03 million in net assets and fund balances.
Total Spending (2016)
Total Expenses:
$5,700,230
Program Service Expenses:
$4,318,833
The filing categorized these expenditures as mission-related activities and operations.
Officer Compensation
The filing lists compensation for key officers and employees. Page 7 identifies Tim Ballard and other officers.
Tim Ballard
Position: Chief Executive Officer
Reported Compensation:
$188,132
No additional compensation from related organizations was listed.
Other Listed Compensation:
- Chief Operating Officer: $116,170
- Senior VP of Rescue Operations: $121,467
- VP of Finance: $78,673
ACJ Observational Notes
O.U.R. entered 2016 with approximately $3.85 million in assets and exited with approximately $5.14 million, reflecting an increase of roughly:
+$1.29 million in one year
The amended filing reflects continued growth in revenue and assets. Program expenses represented the largest expense category reported by O.U.R. during the 2016 reporting year.
Tim Ballard’s reported compensation increased from $135,000 in 2015 to $188,132 in 2016, an increase of approximately $53,132 year over year.
