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Pony Power Therapies Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203210841 ✦ Mahwah, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Pony Power Therapies Inc?

Pony Power Therapies Inc, a nonprofit based in Mahwah, New Jersey, leverages horses and a welcoming farm to promote the overall well-being of children and adults requiring additional support. Their therapeutic riding lessons, tailored to individuals with various developmental and physical disabilities, as well as those dealing with life challenges, provide a supportive and adaptive environment. The program focuses on fostering riding skills, leading to beneficial outcomes such as enhanced core strength, improved motor planning, and increased self-confidence. During the fiscal year 2022, Pony Power Therapies delivered 385 therapeutic riding sessions, further demonstrating their commitment to their cause. With a dedicated workforce of 31 individuals, they strive to make a difference in the lives of those they serve.


Official website here: www.ponypowernj.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

Pony Power Therapies Inc has achieved an impressive Four-Star rating on Charity Navigator, indicating a strong commitment to transparency and effective financial management. The organization excels in accountability and finance, with full marks across various criteria, including board independence and financial oversight. Such a rating signifies a high level of trustworthiness for potential donors and stakeholders.

The nonprofit's governance structure is notably robust, featuring a board comprised entirely of independent members, which enhances its decision-making and accountability. The organization adheres to important policies like conflict of interest and whistleblower protections, ensuring ethical operations. Furthermore, the transparency in financial reporting, as evidenced by the posting of tax forms and board meeting minutes, reinforces its commitment to accountability.

However, while the financial ratios demonstrate solid management, the focus remains heavily on accountability metrics without additional insights into programmatic outcomes or community impact. This suggests that while the organization is financially sound, potential supporters may also be interested in understanding the specific impact of its programs and services.


This AI summary has been generated from information found on Charity Navigator.

Is Pony Power Therapies Inc legitimate?

Pony Power Therapies Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pony Power Therapies 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $876,947

For more financial information, click here


Official website here: www.ponypowernj.org

What is the mission statement of Pony Power Therapies Inc?

Pony Power Therapies Inc is a non-profit organization that utilizes horses and an accessible farm to improve the physical, social, and emotional well-being of children and adults who require additional support. Their mission is to enhance the lives of individuals facing various developmental and physical disabilities, as well as those dealing with other life challenges, through therapeutic riding lessons. The program focuses on helping participants develop riding skills in a supportive and adaptive environment, often resulting in therapeutic benefits such as improved core strength, better motor planning, and increased self-confidence. During the fiscal year 2022, Pony Power Therapies provided 385 therapeutic riding sessions.


Official website here: www.ponypowernj.org

Who is the CEO of Pony Power Therapies Inc?

Dana Spett is the Trustee of Pony Power Therapies Inc.


Official website here: www.ponypowernj.org

What is the revenue of Pony Power Therapies Inc?

Pony Power Therapies Inc's revenue in 2022 was $3,637,032.


Official website here: www.ponypowernj.org

Who are the executives of Pony Power Therapies Inc and what are their salaries?

The average compensation at Pony Power Therapies Inc during 2022 was $28,289. There are 31 employees and 319 volunteers at Pony Power Therapies Inc.


Here are 11 key members and their salaries:


Mark Berman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Rosato (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Inserra-Hughes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Hirsh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loretta Stadler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Lazare (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dondy Marie Moreland (Trustee (Terminated 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Viniar (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jenkins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Workman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Spett (Executive Director)
  • Compensation: $100,000
  • Related: $0
  • Other: $0


Official website here: www.ponypowernj.org

Where can I find the form 990 for Pony Power Therapies Inc?

Pony Power Therapies Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ponypowernj.org

Learn more at the official website: www.ponypowernj.org

Mission Statement of Pony Power Therapies Inc

Pony Power Therapies Inc, a non-profit organization, utilizes horses and an accessible farm to enhance the physical, social, and emotional well-being of children and adults who require additional support. Their mission is to leverage the therapeutic potential of horses to improve the lives of individuals with a broad spectrum of developmental and physical disabilities, as well as those managing other life challenges. By offering therapeutic riding lessons in a supportive, adaptive environment, Pony Power Therapies aims to help participants develop riding skills and realize therapeutic benefits, such as increased core strength, improved motor planning, and boosted self-confidence. During the fiscal year 2022, Pony Power Therapies provided 385 therapeutic riding sessions, demonstrating their commitment to this cause.

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Impact




October, 2024

Pony Power Therapies Inc significantly enhances the physical, social, and emotional well-being of individuals who require additional support. By utilizing a unique approach that incorporates horses and an accessible farm environment, the organization provides therapeutic riding lessons tailored for individuals with a diverse range of developmental and physical disabilities, as well as those facing various life challenges.

The therapeutic riding program is designed to foster the development of riding skills within a nurturing and adaptive setting. Participants experience a variety of benefits, including increased core strength, improved motor planning, and heightened self-confidence. In the fiscal year 2022 alone, Pony Power facilitated 385 therapeutic riding sessions, making a tangible difference in the lives of its participants.

Through these activities, Pony Power Therapies Inc not only supports personal growth and resilience but also creates a community where individuals can connect, share experiences, and thrive together.




This information is meant to be a general summary of Pony Power Therapies 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.

Revenue
$3,637,032 (2022)
Expenses
$1,837,786 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,880
  • Program Service Revenue: $440,633
  • Gross Receipts: $3,747,450

Assets and Liabilities:

  • Total Assets: $8,292,802
  • Total Liabilities: $168,314
  • Net Assets: $8,124,488

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES FOR SERVICE

Revenue

$440,633

Organization Details

Founding Year

2005

Principal Officer

Dana Spett

Main Address

1170 RAMAPO VALLEY ROAD, MAHWAH, NJ, 07430

NTEE Category

Code: P20 - Human services

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