Overview
What is Eddy Farm School For Horse And Rider Corporation?
The Eddy Farm School for Horse and Rider Corporation is a nonprofit educational organization situated in Middlebury, Vermont, with a workforce of two individuals. Founded in 1956 by Doris Eddy, the school is dedicated to teaching classical horsemanship techniques that foster effective communication between horses and riders. Doris, a native of the farm, traveled extensively in New England to learn from renowned riders before returning to establish one of the state's first riding schools. The Eddy Farm School maintains a strong emphasis on building harmonious relationships between horses and riders, with students learning the significance of balance and its role in horse-rider communication. Since Doris' passing in 1998, the board of directors has pursued her legacy, preserving the farm's history and advancing the organization to secure its continued presence in the community. The mission of Eddy Farm School for Horse and Rider is to impart traditional horsemanship skills and encourage amateur athletic competition.
Official website here: www.eddyfarmschool.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 76%, Three-Star out of Four Star rating.
Eddy Farm School For Horse And Rider Corporation has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and finance management. The organization excels in maintaining an independent board, achieving a perfect score for both the majority of board members being independent and for the board size. Additionally, it shows strong financial health indicators, such as a low liabilities-to-assets ratio and a high program expense ratio, which suggests that most of its funding is directed towards its programs.
However, there are some notable limitations in the organization's governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy raises concerns about transparency and ethical governance practices. While the organization has demonstrated good financial oversight, the lack of these essential policies may pose risks in terms of organizational integrity and accountability.
Overall, while Eddy Farm School For Horse And Rider Corporation stands out for its financial efficiency and independent governance structure, addressing its governance policy gaps would further enhance its credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Eddy Farm School For Horse And Rider Corporation legitimate?
Eddy Farm School For Horse And Rider Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eddy Farm School For Horse And Rider Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $7,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,323
For more financial information, click here
Official website here: www.eddyfarmschool.com
What is the mission statement of Eddy Farm School For Horse And Rider Corporation?
The Eddy Farm School for Horse and Rider is a non-profit organization dedicated to instructing traditional horsemanship skills and fostering amateur equestrian competition. Founded in the late 1950s, the school emphasizes the importance of clear communication between horses and riders through classical techniques. Doris Eddy, the school's founder, learned from renowned riders in New England before returning to the farm to establish one of Vermont's first riding schools. The Eddy Farm School continues Doris' legacy by nurturing relationships that benefit both horse and rider. Students master the art of balance and its crucial role in effective horse-rider interaction. The school's board of directors work to uphold the organization's heritage and advance its presence in the community, ensuring its continuity for future generations.
Official website here: www.eddyfarmschool.com
Who is the CEO of Eddy Farm School For Horse And Rider Corporation?
Linda Schmidt is the President of Eddy Farm School For Horse And Rider Corporation.
Official website here: www.eddyfarmschool.com
What is the revenue of Eddy Farm School For Horse And Rider Corporation?
Eddy Farm School For Horse And Rider Corporation's revenue in 2022 was $188,782.
Official website here: www.eddyfarmschool.com
Who are the executives of Eddy Farm School For Horse And Rider Corporation and what are their salaries?
The average compensation at Eddy Farm School For Horse And Rider Corporation during 2022 was $15,182. There are 2 employees and 50 volunteers at Eddy Farm School For Horse And Rider Corporation.
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Official website here: www.eddyfarmschool.com
Where can I find the form 990 for Eddy Farm School For Horse And Rider Corporation?
Eddy Farm School For Horse And Rider Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eddyfarmschool.com
Learn more at the official website: www.eddyfarmschool.com
Mission Statement of Eddy Farm School For Horse And Rider Corporation
The Eddy Farm School for Horse and Rider, a renowned nonprofit educational organization, is committed to instructing traditional horsemanship skills and fostering amateur athletic competition. Established in Vermont, this institution honors the legacy of its founder, Doris Eddy, who, born on the farm in 1918, acquired knowledge from exceptional riders and returned to the farm in 1956 to establish one of the state's first riding schools.
At the Eddy Farm School for Horse and Rider, horsemanship excellence is emphasized through the cultivation of mutually beneficial relationships between horses and riders. Students are taught the significance of balance and its role in facilitating effective communication with their equine counterparts and with one another. Since Doris Eddy's passing in 1998, the board of directors has remained dedicated to upholding her legacy and preserving the history of the farm, while ensuring the organization's continued relevance and presence in the community.
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Impact
October, 2024
Eddy Farm School for Horse and Rider Corporation impacts the community by preserving traditional horsemanship techniques and fostering a love for equestrian sports across all ages and abilities. Founded by Doris Eddy in 1956, the school has established itself as a vital educational institution in Middlebury, Vermont, where students learn not only riding skills but also the importance of balance and communication with their horses. This approach emphasizes mutual respect and understanding between horse and rider, creating significant bonds that enhance both skills and confidence.
The school plays a crucial role in promoting amateur athletic competition, encouraging participation from individuals regardless of their physical capabilities. By making horsemanship accessible to a diverse audience, Eddy Farm School nurtures a sense of community, camaraderie, and personal development. Continuing Doris Eddy's legacy, the organization not only preserves the rich history of horse riding in the area but also adapts to the evolving interests of the community, ensuring it remains a cherished and relevant institution for generations to come.
This information is meant to be a general summary of Eddy Farm School For Horse And Rider Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $19,781
- Program Service Revenue: $123,413
- Gross Receipts: $205,731
Assets and Liabilities:
- Total Assets: $704,443
- Total Liabilities: $1,602
- Net Assets: $702,841
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Boarding revenue
Revenue
$74,272
Riding lessons
Revenue
$40,239
Other educational service revenue
Revenue
$8,902
Organization Details
Founding Year
1998
Phone
(802) 388-6196Principal Officer
Linda Schmidt
Main Address
1815 South Street Extension, Middlebury, VT, 05753
Website
www.eddyfarmschool.comNTEE Category
Code: D20 - Animals
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