Overview
What is Pal-O-Mine Equestrian Inc?
Pal-O-Mine Equestrian Inc, situated in Islandia, New York, is a dedicated nonprofit organization. Their primary mission is to utilize equine therapy to foster growth, learning, and healing among diverse populations. This encompasses children and adults with disabilities, survivors of abuse or neglect, military personnel, and economically challenged individuals. By leveraging the therapeutic benefits of horses, Pal-O-Mine Equestrian Inc aims to enhance the lives of those they serve, providing a comprehensive program that caters to their unique needs. The organization employs a team of nine individuals to carry out its mission.
Official website here: www.pal-o-mine.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Pal-O-Mine Equestrian Inc has achieved an impressive Four-Star rating from Charity Navigator, with an overall score of 92%, reflecting excellence in accountability and financial management. The organization's strong performance is primarily due to its commitment to transparency and governance, evidenced by its entirely independent board and robust policies regarding financial oversight and conflict of interest.
Key strengths include a solid program expense ratio of 79%, indicating that a significant portion of its budget is allocated towards its mission-related programs, alongside a favorable working capital ratio of 1.64 years, which suggests financial stability. The organization also scores high on various governance measures, ensuring that it maintains ethical practices and protects its assets effectively.
However, there are areas for improvement, particularly in fundraising efficiency, which scored lower at $0.062. This suggests that while the organization is effective in its programs, there might be opportunities to enhance the effectiveness of its fundraising strategies to increase overall revenue and sustainability. Overall, Pal-O-Mine Equestrian Inc demonstrates a strong commitment to its mission and sound financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Pal-O-Mine Equestrian Inc legitimate?
Pal-O-Mine Equestrian Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pal-O-Mine Equestrian Inc 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: $64,617
Professional Fundraising Fees: $0
Other Salaries and Wages: $228,572
For more financial information, click here
Official website here: www.pal-o-mine.org
What is the mission statement of Pal-O-Mine Equestrian Inc?
Pal-O-Mine Equestrian Inc's mission is centered around providing a comprehensive therapeutic equine program, utilizing horses to foster growth, learning, and healing. This organization serves a diverse population, including children and adults with disabilities, individuals who have experienced abuse or neglect, members of the military, and economically challenged individuals. The primary goal of Pal-O-Mine Equestrian Inc is to facilitate personal development and healing through equine-assisted activities.
Official website here: www.pal-o-mine.org
Who is the CEO of Pal-O-Mine Equestrian Inc?
Lisa Gatti is the Treasurer of Pal-O-Mine Equestrian Inc. The CEO's salary of Pal-O-Mine Equestrian Inc is $64,616 and their total compensation is $86,424.
Official website here: www.pal-o-mine.org
What is the revenue of Pal-O-Mine Equestrian Inc?
Pal-O-Mine Equestrian Inc's revenue in 2022 was $1,426,018.
Official website here: www.pal-o-mine.org
Who are the executives of Pal-O-Mine Equestrian Inc and what are their salaries?
The average compensation at Pal-O-Mine Equestrian Inc during 2022 was $32,577. There are 9 employees and 85 volunteers at Pal-O-Mine Equestrian Inc.
Here are 12 key members and their salaries (Pal-O-Mine Equestrian Inc's CEO's salary is $64,616 and their total compensation is $86,424):
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- Compensation: $64,616
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- Other: $21,808
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- Other: $0
Official website here: www.pal-o-mine.org
Where can I find the form 990 for Pal-O-Mine Equestrian Inc?
Pal-O-Mine Equestrian Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pal-o-mine.org
Learn more at the official website: www.pal-o-mine.org
Mission Statement of Pal-O-Mine Equestrian Inc
Pal-O-Mine Equestrian Inc is dedicated to providing a comprehensive therapeutic equine program, utilizing horses to foster growth, learning, and healing. Their mission encompasses various populations, including children and adults with disabilities, individuals who have been abused or neglected, military personnel, and economically compromised individuals. By integrating horses into their therapeutic approach, Pal-O-Mine Equestrian Inc aims to facilitate emotional, cognitive, and physical development, offering a unique and effective means of healing and personal growth for their clients.
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Impact
July, 2024
Pal-O-Mine Equestrian Inc's impact is profound, as they provide a comprehensive therapeutic equine program that facilitates growth, learning, and healing for a diverse population. Their services cater to children and adults with disabilities, individuals who have experienced abuse or neglect, veterans, and those facing economic hardships. Through the power of horses, Pal-O-Mine Equestrian Inc is making a tangible difference in the lives of those they serve, offering them unique opportunities for personal development and healing.
This information is meant to be a general summary of Pal-O-Mine Equestrian Inc. 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: $3,892
- Program Service Revenue: $496,035
- Gross Receipts: $1,539,438
Assets and Liabilities:
- Total Assets: $3,379,691
- Total Liabilities: $1,803,629
- Net Assets: $1,576,062
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LESSONS
Revenue
$289,189
OTHER REVENUE
Revenue
$154,517
FACILITY USE
Revenue
$52,329
Organization Details
Founding Year
1995
Phone
(631) 943-1389Principal Officer
Lisa Gatti
Main Address
829 OLD NICHOLS ROAD, ISLANDIA, NY, 11749
Website
www.pal-o-mine.orgNTEE Category
Code: P80 - Human services
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