Overview
What is United States Pre Association Inc?
The United States Pre Association Inc, based in Wellington, Florida, is a nonprofit organization dedicated to celebrating and promoting the Pure Spanish Horse (P.R.E.) in the United States. With a mission to foster the growth of the P.R.E. community, they work to advance public understanding of P.R.E. horsemanship, particularly dressage. The organization recognizes and honors the accomplishments of P.R.E. riders through scholarships and awards. They sponsor competitions and activities to further the art of P.R.E. dressage and provide educational opportunities at the local, state, and national levels. The United States Pre Association Inc, with a team of five employees, is committed to enhancing the P.R.E. community and the appreciation of this unique breed in the United States.
Official website here: www.usprea.com
What are the reviews and ratings of this charity?
The United States Pre Association Inc has received a Three-Star out of Four Star rating from Charity Navigator, with an overall score of 88%. This score reflects a strong performance in accountability and finance, indicating that the organization maintains a majority of independent board members and has a solid financial structure with a low liabilities to assets ratio.
Strengths of the organization include a high program expense ratio of 96.91%, demonstrating that a significant portion of its funds is directed toward its programs and mission. The charity also complies well with various governance practices, evidenced by a complete score in most areas, such as independent board size and financial statements review.
However, there are notable limitations, including the absence of a whistleblower policy and a document retention policy, which could impact its governance practices. Additionally, the nonprofit has not posted its tax form on its website, which may hinder transparency. Addressing these issues may help enhance the organization's overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is United States Pre Association Inc legitimate?
United States Pre Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Pre Association 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: $129,651
Professional Fundraising Fees: $0
Other Salaries and Wages: $164,753
For more financial information, click here
Official website here: www.usprea.com
What is the mission statement of United States Pre Association Inc?
The United States Pre Association Inc aims to celebrate and champion the Pure Spanish Horse (P.R.E.) in the US, encouraging the expansion of the P.R.E. community. They prioritize enhancing public comprehension of P.R.E. horsemanship, particularly in the field of dressage. The Association recognizes and honors the accomplishments of P.R.E. riders and organizes competitions and other events to foster the advancement of P.R.E. dressage and related educational activities at various levels: local, state, and national.
Official website here: www.usprea.com
What is the revenue of United States Pre Association Inc?
United States Pre Association Inc's revenue in 2024 was $952,781.
Official website here: www.usprea.com
Who are the executives of United States Pre Association Inc and what are their salaries?
The average compensation at United States Pre Association Inc during 2024 was $58,881. There are 5 employees and 10 volunteers at United States Pre Association Inc.
Here are 10 key members and their salaries:
- Compensation: $129,651
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Official website here: www.usprea.com
Where can I find the form 990 for United States Pre Association Inc?
United States Pre Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.usprea.com
Learn more at the official website: www.usprea.com
Mission Statement of United States Pre Association Inc
United States Pre Association Inc, a notable organization, is dedicated to celebrating and advocating for the Pure Spanish Horse (P.R.E.) in the United States. The association aims to cultivate the P.R.E. community, enriching its members' understanding of P.R.E. horsemanship, particularly focusing on dressage. By promoting this equestrian art, the association strives to recognize and laud the accomplishments of its P.R.E. riders.
To further their objectives, United States Pre Association Inc organizes competitions and other activities, fostering growth in the local, state, and national spheres. These events serve to showcase P.R.E. dressage and provide opportunities for continuous learning. The association's mission extends beyond its membership, reaching out to the public to expand awareness and appreciation for the unique qualities of the Pure Spanish Horses and their riders.
United States Pre Association Inc's commitment to the P.R.E. community goes beyond just recognition and sponsorship. It is an organization that champions education and the pursuit of excellence in horsemanship. The association's efforts serve to enrich the lives of those connected to the Pure Spanish Horses, fostering a vibrant and passionate community. Through its various initiatives, United States Pre Association Inc plays a pivotal role in the development and advancement of P.R.E. horsemanship in the United States.
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Impact
October, 2024
United States Pre Association Inc has made a significant impact in promoting and celebrating the Pure Spanish Horse (P.R.E.) within the United States. By fostering a strong sense of community among P.R.E. enthusiasts, the organization enhances the collective knowledge and appreciation of P.R.E. horsemanship, particularly in the area of dressage.
Through educational initiatives, exhibitions, and clinics, they effectively advance the understanding of P.R.E. practices to a wider audience, ensuring that both novices and seasoned riders gain valuable insights. The association also plays a crucial role in recognizing and honoring the achievements of P.R.E. riders, which serves to inspire others and elevate the standard of horsemanship.
Additionally, by sponsoring competitions, they actively promote the art of P.R.E. dressage, creating opportunities for riders to showcase their skills and dedication. Scholarships and awards further incentivize participation and excellence within the community. Overall, the organization's efforts greatly contribute to the growth and recognition of the P.R.E. community, enhancing the cultural and competitive landscape of equestrian sports in the United States.
This information is meant to be a general summary of United States Pre Association 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 2024.
- Investment Income: $9,467
- Program Service Revenue: $852,939
- Gross Receipts: $952,781
Assets and Liabilities:
- Total Assets: $342,491
- Total Liabilities: $18,132
- Net Assets: $324,359
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program service fees
Revenue
$852,939
Organization Details
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