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Saddlebred Rescue Inc

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

EIN: 204675891 ✦ Hardwick, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Saddlebred Rescue Inc?

Saddlebred Rescue Inc is a 501(c)(3) nonprofit organization based in Hardwick, New Jersey, dedicated to saving unwanted horses, primarily Saddlebreds, from the threat of slaughter. Their mission involves providing these horses with a second chance at productive lives while raising public awareness regarding the plight of unwanted horses. With a commitment to full and consistent care, they house all rescued horses at their rehab facility in New Jersey. This approach, although more costly, ensures better long-term outcomes for the horses. Since its inception in 2006, Saddlebred Rescue Inc has rehabilitated and successfully adopted out over 2,500 horses, taking in approximately 100 new horses each year. They make a pledge to accept any returned horses, as they believe the added cost is worth preserving the horses' wellbeing.


Official website here: www.saddlebredrescue.com

What are the reviews and ratings of this charity?

Charity Navigator rating: One-Star out of Four Stars (54%)

Saddlebred Rescue Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization has a fully independent board and meets some governance criteria, it falls short in several key areas, particularly in financial reporting and transparency.

The organization demonstrates strengths in having a majority independent board and a solid program expense ratio, which suggests that it focuses its resources on its mission. However, it faces critical challenges in financial accountability, with no points awarded for financial statements and a poor liabilities to assets ratio, raising questions about its overall financial health.

Overall, while Saddlebred Rescue Inc is committed to its cause, substantial improvements are needed in its financial practices and governance policies to enhance trust and effectiveness. The lack of critical policies and transparency in financial reporting may limit donor confidence and impact its operational sustainability.


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

What do the Facebook reviews say about Saddlebred Rescue Inc?

98% of 316 reviewers on Facebook recommend Saddlebred Rescue Inc. Here is a summary of their reviews:

Many individuals express great satisfaction with the organization’s commitment to rescuing and rehabilitating Saddlebred horses. Reviewers frequently highlight the compassionate care provided to the animals and the transparency of the organization. Volunteer opportunities and educational outreach efforts are also praised, indicating that the nonprofit not only focuses on rescue but also on community engagement.

Overall, there is a strong consensus that Saddlebred Rescue Inc. effectively fulfills its mission. The organization seems to resonate positively with supporters, evidenced by the many testimonials that commend its impactful work and the lifeblood it provides for the welfare of these horses.


This AI summary has been generated from reviews found on Facebook.

Is Saddlebred Rescue Inc legitimate?

Saddlebred Rescue Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saddlebred Rescue 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: $38,834
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.saddlebredrescue.com

What is the mission statement of Saddlebred Rescue Inc?

Saddlebred Rescue Inc is a non-profit organization dedicated to saving unwanted horses from slaughter and giving them new, productive lives. The organization, which consists mainly of professional horsemen as volunteers, works with approximately 100 horses each year, adopting out the vast majority to new homes across the country. Horses are primarily acquired from auctions where they faced imminent slaughter. Saddlebred Rescue has a successful track record of rehabilitating these horses and placing them in caring homes. In the event that a horse is returned due to unforeseen circumstances, the organization provides a pledge to take the horse back and assess its suitability for re-entry into the program. All horses are housed at a single rehabilitation facility, and the organization does not foster horses out to reduce costs, believing that long-term care is essential for the horses' well-being.


Official website here: www.saddlebredrescue.com

Who is the CEO of Saddlebred Rescue Inc?

Mark Mccracken is the Director of Saddlebred Rescue Inc.


Official website here: www.saddlebredrescue.com

What is the revenue of Saddlebred Rescue Inc?

Saddlebred Rescue Inc's revenue in 2022 was $762,212.


Official website here: www.saddlebredrescue.com

Who are the executives of Saddlebred Rescue Inc and what are their salaries?


Here are 8 key members and their salaries:


Sharon Ellingwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheri Vaillancour (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Owen Weaver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mccracken (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nealia Mccracken (Vice President)
  • Compensation: $61,108
  • Related: $0
  • Other: $0
Joan Booth (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.saddlebredrescue.com

Where can I find the form 990 for Saddlebred Rescue Inc?

Saddlebred Rescue Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.saddlebredrescue.com

Learn more at the official website: www.saddlebredrescue.com

Mission Statement of Saddlebred Rescue Inc

Saddlebred Rescue Inc, a 501 (C) (3) organization, is dedicated to saving unwanted saddlebred horses from the threat of slaughterhouses and giving them a new lease on life. This New Jersey-based nonprofit is unique as it is staffed by numerous professional horsemen, who are passionate about the wellbeing of these animals.

Each year, Saddlebred Rescue Inc helps approximately 100 horses, purchasing the majority from auctions where their only alternative was the slaughterhouse. The organization prides itself on its successful track record of rehabilitating these horses, allowing them to regain their health and often finding them new, approved homes across the country. In the event that a horse is returned to the organization, Saddlebred Rescue Inc takes them back, providing them with continued care and a second chance. This commitment adds additional costs, but the organization believes it is a worthwhile investment. All horses in the program are kept at the organization's rehab facility.

Unlike some rescues that foster horses out to reduce costs, Saddlebred Rescue Inc maintains that this approach is not always in the horse's best interest. The organization's staff and volunteers dedicate their full and consistent care to all horses that pass through their program, ensuring a more sustainable outcome. Saddlebred Rescue Inc's mission is not only to save horses but also to educate the public about the challenges facing the saddle seat breeds. Through their dedicated efforts, they continue to make a difference in the lives of unwanted saddlebred horses.

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Impact




October, 2024

Saddlebred Rescue Inc. has made a significant impact on the lives of unwanted horses, particularly those at risk of slaughter. By educating the public about these urgent issues, the organization has raised awareness of the plight of unwanted horses and promoted the importance of rehabilitation and adoption.

Each year, Saddlebred Rescue Inc. works diligently with approximately 100 horses, providing rescue, rehabilitation, and a path to new homes. Since its inception in 2006, the organization has rescued and rehabilitated about 2,500 horses, most of whom were saved from auctions where they faced grim futures. This strong track record of placing horses into approved homes showcases their commitment and expertise in horse care.

The organization's approach emphasizes a pledge to ensure the long-term wellbeing of each horse. If any adopted horse needs to be returned for any reason, Saddlebred Rescue Inc. accommodates this by bringing the horse back to their facility in New Jersey. Although this policy incurs additional costs for boarding and reassessing the horses, it reflects a deep commitment to responsible animal care and welfare.

All operations are centralized at their rehabilitation facility, where dedicated staff and volunteers provide consistent, high-quality care. This hands-on approach allows for effective recovery and training of horses. By refusing to foster horses out, Saddleback Rescue Inc. keeps their focus on the best interests of the animals, ensuring that each horse receives the attention and care it needs.

Through its ongoing efforts, Saddlebred Rescue Inc. not only transforms the lives of countless horses but also fosters a broader understanding of the challenges facing the horse community, particularly within the saddle seat breeds.




This information is meant to be a general summary of Saddlebred Rescue 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
$762,212 (2022)
Expenses
$751,850 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $37,936
  • Gross Receipts: $772,889

Assets and Liabilities:

  • Total Assets: $150,301
  • Total Liabilities: $210,162
  • Net Assets: -$59,861

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Programs

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

ADOPTION AND LEASE INC

Revenue

$37,936

Organization Details

Founding Year

2006

Principal Officer

Mark Mccracken

Main Address

6 MEADOW CLIFF LANE, HARDWICK, NJ, 07825

NTEE Category

Code: D20 - Animals

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