Overview
What is United States Equestrian Team Foundation Inc?
The United States Equestrian Team Foundation, headquartered in Gladstone, New Jersey, is a nonprofit organization led by Bonnie B Jenkins. Its primary mission is to aid the U.S. Equestrian Federation in catering to the requirements of America's elite and emerging international high-performance equestrian athletes and their horses. The foundation provides support for their competition, training, coaching, travel, and educational needs, working in close partnership with the U.S. Equestrian Federation. The organization's efforts contribute significantly to the development and success of these high-performance equestrian athletes on a global stage.
Official website here: www.uset.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating
The United States Equestrian Team Foundation Inc has earned a remarkable Four-Star rating from Charity Navigator, showcasing its commitment to accountability and financial health. With a perfect score of 100% in Accountability & Finance, the organization demonstrates high standards in financial management and governance. It boasts an entirely independent board of 44 members and has excellent oversight practices, ensuring transparency and integrity in its operations.
Financially, the foundation exhibits strong performance with a program expense ratio of 78.20%, indicating that a significant portion of its funds is allocated directly to its programs rather than administrative costs. Additionally, the organization maintains a low liabilities-to-assets ratio of 0.28%, which reflects sound financial stability. Its fundraising efficiency ratio of $0.13 shows that the foundation raises funds effectively, minimizing overhead costs associated with fundraising.
Overall, the United States Equestrian Team Foundation Inc stands out for its robust governance, financial health, and dedication to its mission. While there are no noted limitations in the data, the organization’s continued success depends on maintaining its high standards and transparency as it moves forward.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about United States Equestrian Team Foundation Inc?
94% of 31 reviewers on Facebook recommend the United States Equestrian Team Foundation Inc. Here is a summary of their reviews:
Supporters highlight the stunning facilities at Hamilton Farms, praising its breathtaking scenery and well-maintained main barn. Many users express enthusiasm for the range of equestrian events hosted there, including eventing and world championships. The positive experiences shared by past attendees reflect a deep appreciation for the community and opportunities the foundation provides.
Overall, the sentiment is overwhelmingly favorable, with users enjoying not only the events but also the beauty of the location, indicating that the nonprofit successfully fosters a passion for equestrian sports and offers memorable experiences for its visitors.
This AI summary has been generated from reviews found on Facebook.
Is United States Equestrian Team Foundation Inc legitimate?
United States Equestrian Team Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Equestrian Team Foundation 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: $621,846
Professional Fundraising Fees: $83,256
Other Salaries and Wages: $519,162
For more financial information, click here
Official website here: www.uset.org
What is the mission statement of United States Equestrian Team Foundation Inc?
The United States Equestrian Team Foundation's mission is to assist America's elite and developing international high performance horses and riders. They accomplish this by supporting their competition, training, coaching, travel, and educational needs in collaboration with the U.S. Equestrian Federation. This non-profit organization aims to foster the growth and success of these athletes and horses, contributing to their representation on the international stage. Their activities are primarily focused on providing the necessary resources for these high-level equestrian athletes to excel in their respective disciplines.
Official website here: www.uset.org
Who is the CEO of United States Equestrian Team Foundation Inc?
Bonnie B Jenkins is the Executive Director of United States Equestrian Team Foundation Inc. The CEO's salary of United States Equestrian Team Foundation Inc is $0 and their total compensation is $0.
Official website here: www.uset.org
What is the revenue of United States Equestrian Team Foundation Inc?
United States Equestrian Team Foundation Inc's revenue in 2022 was $9,996,960.
Official website here: www.uset.org
Who are the executives of United States Equestrian Team Foundation Inc and what are their salaries?
The average compensation at United States Equestrian Team Foundation Inc during 2022 was $114,101. There are 10 employees and 16 volunteers at United States Equestrian Team Foundation Inc.
Here are 48 key members and their salaries (United States Equestrian Team Foundation Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.uset.org
Where can I find the form 990 for United States Equestrian Team Foundation Inc?
United States Equestrian Team Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uset.org
Learn more at the official website: www.uset.org
Mission Statement of United States Equestrian Team Foundation Inc
The United States Equestrian Team Foundation, in its mission, aims to address the requirements of America's top-tier equestrian athletes and their high-performance horses. This nonprofit organization works in collaboration with the U.S. Equestrian Federation to cater to the competitive, training, coaching, travel, and educational needs of these elite and developing international equestrian athletes. By doing so, the United States Equestrian Team Foundation plays a significant role in fostering the growth and success of these athletes, contributing to the reputation of equestrian sports on a global scale.
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Impact
October, 2024
The United States Equestrian Team Foundation Inc significantly impacts the realm of equestrian sports by enhancing the performance and potential of America's elite and developing high-performance horses and athletes. By providing crucial support for competition, training, coaching, travel, and educational needs, it facilitates the growth of talent and expertise within the equestrian community.
Collaborating closely with the U.S. Equestrian Federation, the Foundation ensures that athletes and their horses have access to the resources and opportunities necessary to excel on both national and international stages. This support not only fosters individual achievements but also strengthens the overall competitiveness of U.S. equestrian teams. Through its commitment to nurturing talent and promoting excellence in the sport, the Foundation plays a vital role in the development of future champions in equestrian disciplines.
This information is meant to be a general summary of United States Equestrian Team Foundation 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: $528,083
- Gross Receipts: $21,575,562
Assets and Liabilities:
- Total Assets: $32,205,633
- Total Liabilities: $98,839
- Net Assets: $32,106,794
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Organization Details
Founding Year
1950
Phone
(908) 234-1251Principal Officer
Bonnie B Jenkins
Main Address
1040 POTTERSVILLE ROAD PO BOX 355, GLADSTONE, NJ, 07934
Website
www.uset.orgNTEE Category
Code: N700 - Recreation
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