Overview
What is Second Stride Inc?
Second Stride Inc, located in Prospect, Kentucky, is a nonprofit organization that specializes in the rehabilitation, retraining, and placement of retired thoroughbred racehorses. In 2022, they welcomed 133 retired horses into their program and successfully transitioned 121 of them into new careers and homes by the end of the year. With a team of five dedicated individuals, Second Stride Inc aims to ensure these horses find new, fulfilling roles outside of racing. They provide these horses with the necessary care and training to prepare them for their new careers, ultimately leading to their adoption into loving homes.
Official website here: www.secondstride.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
Second Stride Inc has received a solid rating of 84%, demonstrating a strong commitment to accountability and finance, with a score of 83%. The organization showcases a fully independent board and maintains excellent financial health, as evidenced by a low liabilities to assets ratio of 1.10%. The charity excels in its management policies, including conflict of interest and whistleblower policies, all of which are in place and well-documented.
User feedback highlights the positive impact Second Stride has on both horses and adopters. Clients express immense satisfaction with their experiences, praising the organization for accurately representing the horses and ensuring they are well-matched to new owners. The organization is noted for its ongoing support and updates regarding the horses, reinforcing a strong community connection and genuine care for the animals' welfare.
While the organization has received overwhelmingly positive reviews, the feedback emphasizes the importance of continued community support and effective outreach. The high scores in culture and community reflect Second Stride’s commitment to engaging with its stakeholders and ensuring transparency in its operations, which further cements its reputation as a reputable nonprofit within the equine rescue space.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Second Stride Inc legitimate?
Second Stride Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Second Stride 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: $6,667
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.secondstride.org
What is the mission statement of Second Stride Inc?
Second Stride Inc is committed to providing professional rehabilitation, retraining, and finding new homes for retired thoroughbred racehorses. Their mission is to ensure these horses can transition into new careers after their racing days are over. In 2022, 133 retired racehorses were integrated into the program, and by the end of the year, 121 of them were successfully retrained and adopted into new roles and homes. This organization's work aims to provide a second chance for these horses, enabling them to continue living productive lives.
Official website here: www.secondstride.org
Who is the CEO of Second Stride Inc?
Kimberly S Smith is the President of Second Stride Inc.
Official website here: www.secondstride.org
What is the revenue of Second Stride Inc?
Second Stride Inc's revenue in 2022 was $617,003.
Official website here: www.secondstride.org
Who are the executives of Second Stride Inc and what are their salaries?
The average compensation at Second Stride Inc during 2022 was $1,333. There are 5 employees and 18 volunteers at Second Stride Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.secondstride.org
Where can I find the form 990 for Second Stride Inc?
Second Stride Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.secondstride.org
Learn more at the official website: www.secondstride.org
Mission Statement of Second Stride Inc
Second Stride Inc, a nonprofit organization, is dedicated to providing professional rehabilitation, retraining, and placement for retired thoroughbred racehorses. Their mission is to ensure that these horses, after completing their racing careers, have the opportunity to transition into new roles and find loving homes. In 2022, Second Stride Inc took in 133 retired racehorses and successfully placed 121 of them into training for their new jobs, ultimately adopting them into new homes by the end of the year. This demonstrates their commitment to the well-being and rehabilitation of these horses, providing them with a chance at a new life beyond their racing careers.
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Impact
July, 2024
Second Stride Inc's impact is evident in its successful rehabilitation, retraining, and placement of retired thoroughbred racehorses. In 2022 alone, the organization brought in an additional 133 retired racehorses into its program. Furthermore, by the year's end, 121 horses were successfully transitioned into training for new jobs and ultimately adopted into new homes. This demonstrates Second Stride Inc's commitment to providing these majestic animals with a second chance at a fulfilling life beyond their racing careers.
This information is meant to be a general summary of Second Stride 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.
- Program Service Revenue: $92,135
- Gross Receipts: $659,610
Assets and Liabilities:
- Total Assets: $450,218
- Total Liabilities: $4,997
- Net Assets: $445,221
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Boarding income
Revenue
$245
Adoption fees
Revenue
$77,350
Application fees
Revenue
$14,540
Organization Details
Founding Year
2005
Phone
(502) 241-8440Principal Officer
Kimberly S Smith
Main Address
PO Box 143, Prospect, KY, 40059
Website
www.secondstride.orgNTEE Category
Code: T20 - Philanthropy
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