Victory Junction Gang Camp

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/20/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Free from the confines of disease, illness or disability, children discover that they can just be kids! How does this happen? Victory Junction is a medically safe, yet exhilarating camp, that challenges children who have a serious medical condition to try things they never imagined possible. As they conquer activities like zip lining and archery or experience bowling, fishing or swimming, children build confidence that will shape how they view the rest of their lives.

The magic happens on our lush 84 acres in the rolling hills of Randleman, North Carolina near Greensboro. Once children pass through our gates, the boundaries and limitations they live with on a daily basis disappear and they simply concentrate on having fun! That's when they shine!


Contact information

Mailing address:
Victory Junction Gang Camp
4500 Adam's Way
Randleman, NC 27317

Website: victoryjunction.org

Phone: 336-498-9055

Email: info@victoryjunction.org


Organization details

EIN: 562215292

CEO/President: Chad Coltrane

Chairman: Erich Hamm

Board size: 12

Founder: Kyle Petty

Year founded: 2000

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Kids enjoy their time at Victory Junction, but the benefits of camp extend far beyond the fun of a summer week or family weekend. Recent studies have shown the benefits of camp have a positive life-changing impact on the children we serve. The Victory Junction experience fosters independence, inspires confidence, and builds self-esteem for the campers who enter our gates.

Our commitment at Victory Junction is to provide the best care possible to all the children we serve so experiences here are not only fun and exhilarating, but safe for the kids and worry free for their parents. Excellence is the goal of the programs we create, the medical care we provide and our financial governance.


Mission statement

Victory Junction enriches the lives of children with serious illnesses by providing life-changing camping experiences that are exciting, fun and empowering, at no cost to children or their families.


Statement of faith

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Camps/Conference Centers

CategoryRatingOverall rankSector rank
Overall efficiency rating887 of 94023 of 23
Fund acquisition rating942 of 94225 of 25
Resource allocation rating938 of 94225 of 25
Asset utilization rating449 of 94013 of 23

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%62%23%25%18%16%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%61%21%24%17%16%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
30%99%89%98%93%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
3%62%18%20%17%19%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
70%1%11%2%7%0%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%35%76%74%76%75%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%99%118%121%100%84%
Program output ratio Program output ratio =
Program services /
Total revenue
77%35%90%90%76%63%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%1%-18%-21%0%16%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%0%-2%-3%0%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%3%7%6%7%7%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.380.320.150.150.150.15
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
5.513.283.943.633.774.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.171.040.600.530.560.60
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
3.207.1934.5042.1738.1229.10
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.310.140.030.020.030.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.079.9819.5722.1520.8619.30
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%5%2%3%3%5%
Debt ratio Debt ratio =
Debt /
Total assets
2%1%1%2%0%4%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
244%300%648%666%649%635%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$5,028,880$4,768,871$5,969,098$6,073,053$6,038,616
Receivables, inventories, prepaids$2,557,288$1,095,021$1,213,398$1,422,252$1,642,379
Short-term investments$4,838,624$3,947,037$4,022,933$3,542,377$2,856,354
Other current assets$0$0$0$0$0
Total current assets$12,424,792$9,810,929$11,205,429$11,037,682$10,537,349
Long-term investments$0$0$0$0$0
Fixed assets$28,155,071$28,850,821$29,352,096$30,461,668$31,560,826
Other long-term assets$119,251$37,896$86,895$65,734$40,308
Total long-term assets$28,274,322$28,888,717$29,438,991$30,527,402$31,601,134
Total assets$40,699,114$38,699,646$40,644,420$41,565,084$42,138,483
 
Liabilities20192018201720162015
Payables and accrued expenses$1,727,348$284,356$265,748$289,536$362,097
Other current liabilities$0$0$0$0$0
Total current liabilities$1,727,348$284,356$265,748$289,536$362,097
Debt$339,646$580,441$911,489$204,333$1,636,429
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$941,323$0
Total long-term liabilities$339,646$580,441$911,489$1,145,656$1,636,429
Total liabilities$2,066,994$864,797$1,177,237$1,435,192$1,998,526
 
Net assets20192018201720162015
Without donor restrictions$36,250,470$35,455,674$36,394,077$37,371,073$37,215,229
With donor restrictions$2,381,650$2,379,175$3,073,106$2,758,819$2,924,728
Net assets$38,632,120$37,834,849$39,467,183$40,129,892$40,139,957
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$12,878,621$4,384,113$4,795,941$5,766,345$7,547,045
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$96,444$481,788$63,759$94,786($70,745)
Other revenue$57,090$65,096$26,514$312,776$59,777
Total other revenue$153,534$546,884$90,273$407,562($10,968)
Total revenue$13,032,155$4,930,997$4,886,214$6,173,907$7,536,077
 
Expenses20192018201720162015
Program services$4,559,629$4,436,736$4,373,377$4,678,256$4,719,151
Management and general$343,397$382,167$371,197$440,061$427,556
Fundraising$7,962,176$1,023,833$1,180,999$1,065,655$1,179,463
Total expenses$12,865,202$5,842,736$5,925,573$6,183,972$6,326,170
 
Change in net assets20192018201720162015
Surplus (deficit)$166,953($911,739)($1,039,359)($10,065)$1,209,907
Other changes in net assets$0$0$0$0$0
Total change in net assets$166,953($911,739)($1,039,359)($10,065)$1,209,907

Compensation

NameTitleCompensation
Chad ColtraneCEO$130,321
Lisa WeberCFO$128,141
Frances BeasleyDirector of Development$120,755
Tracy HedrickDirector of Facilities$115,111
Kyle PettyEmeritus Chairman$19,233

Compensation data as of: 12/31/2019


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 9/20/2021. To update the information below, please email: info@ministrywatch.com


History

In 1999, a lanky, wide-smiling teenager visited Camp Boggy Creek, a SeriousFun camp in Florida, with his dad and knew it was his calling to bring a similar camp to the hills of North Carolina where he grew up. This young man was up and coming racecar driver Adam Petty, son of NASCAR driver Kyle Petty, grandson of racing legend Richard Petty and great grandson of NASCAR pioneer Lee Petty. This fourth generation driver was just starting his own racing career while still sleeping under his parents' roof- but Adam was wise beyond his years. Passion drove him both on the track and in his desire to help others. Between races, Adam was often found in pediatric hospitals visiting children with challenging medical conditions. He also began saving money and developing the plans for the children's camp of his dreams. One year after his touching experience visiting children at Florida's Camp Boggy Creek, Adam Petty tragically lost his life in a racing accident at New Hampshire Motor Speedway. He was only 19 years old.

To honor Adam's memory, the Petty family gathered their strength and challenged themselves, their friends and the NASCAR community to build his inspired dream- a place where children with serious illness would be able to experience the joys of childhood and forget about being sick for a while. With land donated by Richard and Lynda Petty, the Petty family spearheaded a capital campaign in 2002 and dollar by dollar received donations from corporations, individuals and foundations to build what would become Victory Junction, a NASCAR-themed camp located in Randleman, N.C. Adam's legacy of love was realized when we opened our gates to our first campers in June of 2004.


Program accomplishments

Victory Junction is part of SeriousFun Children's Network (SFCN), an alliance of 9 camps nationally and 30 camps worldwide that serve children dealing with serious medical condition and chronic illnesses. Our camp is certified by SeriousFun which provides strict guidelines on camper care, financial competency and program innovations. By networking with other similar camps in SFCN, Victory Junction remains at the forefront of best practices and cutting edge research in to the impact of camp on a child's life.

Victory Junction also meets the rigorous safety standards of the American Camp Association. Our ACA certification gives families the confidence to know that they are entrusting their child to well trained, certified professionals.


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