Mighty Oaks Foundation 
The information on this page was last updated 6/6/2023. If you see errors or omissions, please email: [email protected]
Summary
Mighty Oaks provides peer-to-peer resiliency and recovery programs that serve as the catalyst to assist our Nation's Warriors dealing with challenges related to the struggles of daily military life, combat deployments and the symptoms of post-traumatic stress (PTS) offered at no cost to our Nation's Warriors, including travel at beautiful ranches across the US.
Contact information
Mailing address:
Mighty Oaks Headquarters
33134 Magnolia Circle
Suite A Unit 10
Magnolia, TX 77354
Website: mightyoaksprograms.org
Phone:
Email: [email protected]
Organization details
EIN: 453159170
CEO/President: Chad M. Robichaux
Chairman: Steve Toth
Board size: 9
Founder: Chad and Kathy Robichaux
Ruling year: 2012
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2023
Purpose
The Mighty Oaks Foundation is committed to serving the brokenhearted by providing intensive peer-based discipleship through a series of programs, outpost meetings, and speaking events. Our Mighty Oaks Warrior Programs hosts such Men, Women, and Marriage Advance Programs at multiple locations nationwide. The Warriors who attend are fully sponsored for training, meals, and lodging needs to ensure that upon arrival to the ranch, each Warrior is focused solely on his or her recovery and identifying purpose moving forward.
Mission statement
The mission of Mighty Oaks is to SAVE LIVES, RESTORE FAMILIES and CHANGE LEGACIES for eternity. Since 2011 we have done those for tens of thousands of warriors through non-clinical faith based peer-to-peer resiliency and recovery programs with incredible success, and the MOI team will work hard to share these programs with our friends around the world.
Statement of faith
The Bible
We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
We believe that the Bible is sufficient for all matters pertaining to a life of righteousness and Godliness. It is our primary source for teaching, reproof, correcting, and training.
God
We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.
Jesus Christ
We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return to power and glory.
Salvation
We believe that salvation is a gift of grace to be received and not something that can be earned by the works of man.
We believe that salvation (the forgiveness of sins) and new life comes to a person who acknowledges that:
They are sinful before a Holy God.
They cannot do anything to earn, merit or deserve salvation.
Jesus Christ is fully God.
He paid the price for sin in His sacrificial death on the cross.
He rose again victorious.
And that believing these things put their faith in Him alone.
We believe that a regenerate person will bear spiritual fruit in his life as a result of the indwelling of the Holy Spirit.
Resurrection
We believe in the resurrection of the saved unto the resurrection of life.
Holy Spirit
We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly victorious life.
Unity of Believers
We believe in the spiritual unity of believers in our Lord Jesus Christ.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 956 of 1104 | 103 of 122 |
| Fund acquisition rating | | 1049 of 1105 | 115 of 122 |
| Resource allocation rating | | 934 of 1105 | 107 of 122 |
| Asset utilization rating | | 447 of 1104 | 44 of 122 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 17% | 8% | 15% | 24% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 16% | 7% | 13% | 21% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 93% | 95% | 90% | 90% | 89% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 17% | 11% | 16% | 23% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 7% | 5% | 10% | 10% | 11% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 71% | 86% | 78% | 72% | 78% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 94% | 67% | 85% | 92% | 124% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 66% | 58% | 66% | 66% | 97% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 6% | 33% | 15% | 8% | -24% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | 8% | 58% | 23% | 14% | -43% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 12% | 3% | 6% | 5% | 22% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.84 | 1.04 | 1.18 | 1.18 | 1.53 | 2.20 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.76 | 1.32 | 1.03 | 1.10 | 1.17 | 1.31 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.77 | 1.37 | 1.22 | 1.29 | 1.78 | 2.88 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.67 | 87.94 | 232.10 | 265.51 | 42.33 | 29.10 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.01 | 0.00 | 0.00 | 0.02 | 0.03 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.08 | 8.65 | 9.83 | 9.27 | 6.57 | 4.02 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 14% | 0% | 8% | 2% | 3% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 11% | 0% | 8% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 101% | 83% | 85% | 78% | 64% | 44% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $3,217,595 | $4,589,902 | $1,463,879 | $873,359 | $689,477 |
| Receivables, inventories, prepaids | $323,899 | $408,490 | $599,918 | $607,140 | $61,214 |
| Short-term investments | $1,373,636 | $2,944 | $103,798 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $4,915,130 | $5,001,336 | $2,167,595 | $1,480,499 | $750,691 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $1,593,359 | $160,322 | $206,605 | $244,361 | $233,618 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $1,593,359 | $160,322 | $206,605 | $244,361 | $233,618 |
| Total assets | $6,508,489 | $5,161,658 | $2,374,200 | $1,724,860 | $984,309 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $55,892 | $21,548 | $8,164 | $34,975 | $25,801 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $55,892 | $21,548 | $8,164 | $34,975 | $25,801 |
| Debt | $738,942 | $0 | $181,800 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $118,550 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $857,492 | $0 | $181,800 | $0 | $0 |
| Total liabilities | $913,384 | $21,548 | $189,964 | $34,975 | $25,801 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $4,637,857 | $4,071,835 | $1,684,236 | $1,189,885 | $958,508 |
| With donor restrictions | $957,248 | $1,068,275 | $500,000 | $500,000 | $0 |
| Net assets | $5,595,105 | $5,140,110 | $2,184,236 | $1,689,885 | $958,508 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $6,698,876 | $8,598,234 | $2,964,541 | $2,593,061 | $1,554,779 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | ($88,449) | $2,704 | $484 | $3,869 | $12,328 |
| Other revenue | $587,357 | $434,571 | $324,466 | $274,398 | $180,753 |
| Total other revenue | $498,908 | $437,275 | $324,950 | $278,267 | $193,081 |
| Total revenue | $7,197,784 | $9,035,509 | $3,289,491 | $2,871,328 | $1,747,860 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $4,755,304 | $5,247,992 | $2,179,329 | $1,902,605 | $1,697,506 |
| Management and general | $833,358 | $183,119 | $181,363 | $126,156 | $465,094 |
| Fundraising | $1,154,127 | $648,524 | $434,448 | $610,940 | $0 |
| Total expenses | $6,742,789 | $6,079,635 | $2,795,140 | $2,639,701 | $2,162,600 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $454,995 | $2,955,874 | $494,351 | $231,627 | ($414,740) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $454,995 | $2,955,874 | $494,351 | $231,627 | ($414,740) |
Compensation
| Name | Title | Compensation |
| Chad Robichaux | President | $240,963 |
| Jeremy Stalnecker | CEO | $204,934 |
| Michael Hanson | COO | $159,682 |
| William Cameron | Marketing Officer | $138,952 |
| Tommy Fordyce | Chief Projects Officer | $131,250 |
| Ian Hunter | COO | $130,000 |
Compensation data as of: 12/31/2022
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 6/6/2023. To update the information below, please email: [email protected]
History
When Chad Robichaux realized that countless other combat veterans face the same psychological, emotional, and spiritual challenges he did after his service in Afghanistan (challenges causing some twenty-plus suicides a day and staggering divorce rates among military families), Chad wondered to himself, Why doesn't someone do something about this? He eventually realized that the answer was Why not me? and so began Mighty Oaks.
It is a story of God's transformational power to turn tragedy into triumph. It is a journey starting with one man's brokenness from war, one woman's willingness to fight for her... family, and their faith in God's promise from Isaiah 61:3 that we can rise from the ashes and become mighty oaks of righteousness.
Many great men stepped in to mentor Chad and Kathy past their struggles, but none more than Steve Toth and Pastor Jeff Wells of WoodsEdge Community Church. It was through this church that Chad and Kathy were later ordained and commissioned as ministers and sent to begin the Mighty Oaks ministry to America's military warriors and families.
The first programs for men were launched in Westcliffe, Colorado, with non-active duty veterans. Chad and Kathy served alongside the Dave Roever Foundation for more than a year while developing the methodology that would become Mighty Oaks Warrior Programs (MOWP).
MOWP uses a grassroots approach, empowering veterans to begin their healing and then be a positive impact on those around them. Those warriors, challenged by this peer-to-peer model, rose to meet the challenge and found hope and purpose beyond their military service, grabbing hold of a future worth living again. As they left the programs, they sent their brothers, which made the program grow rapidly, especially with warriors coming from US Marine Corps Wounded Warrior Battalion West, which housed a large population of Marine Corps combat veterans.
During this time of growth and increasing demand, Dave Roever introduced Chad to Wayne Hughes Jr. to explore the possibility of taking Mighty Oaks to El Paso de Robles, Calif. (Interestingly, El Paso de Robles translates to "The Path of the Oaks." We at Mighty Oaks say this was definitely a God wink!) Wayne, a very successful businessman, had previously launched Serving USA (formerly Serving California), a nonprofit philanthropy arm for his many companies.
It was in Wayne's heart to see the Lord's hand over our returning American warriors, and he wanted to run a veterans' program at his ranch. He allowed MOWP to do so on the condition that if he liked the program, he'd build a lodge there to host it. He did like it, especially its results.
A partnership between Mighty Oaks and Serving California took root, and SkyRose Lodge was built. This became the primary home of Mighty Oaks Warrior Programs. However, the rapidly increasing influx of warriors and military families has resulted (so far) in three other regional locations: Blaylock Ranch in Junction, Tex.; Warrior Retreat at Bull Run in Haymarket, Va.; and The Wilds in Columbus, Ohio.
As our work continues with veterans and spouses, we receive active-duty warriors on official orders from the various branches. We also have become a top resource for the US military, having trained and equipped more than one hundred thousand warriors in combat readiness through Resiliency Conferences at bases across the country. This included Chad and Jeremy authoring The Path to Resiliency, a spiritual-resiliency book used as a resource for the US military.
Even though Mighty Oaks Warrior Programs has expanded in both numbers and geographic locations, our vision remains the same: to assist our nation's warriors and families by challenging, equipping, and empowering them to take the help they receive and spread it to those in their own circles of influence. We now have more than three-thousand Mighty Oaks alumni, and we take great pride in having one of the highest success rates of any recovery program in preventing. Beyond each warrior's healing he is challenged, equipped, and empowered to care for his brothers, bringing both a solution to the problem and a purpose for those willing to share that solution with others.
Together, we can all strive toward the common goal of ending the war at home by finding a hope and a future, and aligning with the purpose for which God created us. We will continue to lead others to fulfill the promise of Isaiah 61:3: to rise from the ashes and become mighty oaks!
Fully paid scholarships are available for all MOWP for active-duty or veteran military personnel, as well as their spouses, by applying online.
Program accomplishments
400,000 resiliency event attendees
35 annual legacy programs
4,500 program graduates
72 Mighty Oaks events per year
225,000 books distributed
35 Mighty Oaks Outposts