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Turning For Home Inc

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

EIN: 262698385 ✦ Bensalem, PA ✦ Designated as a 501(c)(3)

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Overview

What is Turning For Home Inc?

Turning For Home Inc is a Pennsylvania-based nonprofit organization that focuses on providing a humane solution for the retirement of racehorses that can no longer compete due to age or injury. With a mission to prevent euthanasia, this charity aims to ensure these animals have a second chance at life. Their work includes facilitating the retirement process and providing necessary care for these former racehorses. The organization's headquarters are located in Bensalem, Pennsylvania (PO Box 300).


Official website here: www.patha.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Stars)

Turning For Home Inc has received a solid Three-Star rating from Charity Navigator, highlighting its strong performance in Accountability and Finance with a score of 88. The organization demonstrates a strong commitment to financial integrity, with no material diversion of assets and effective oversight practices, including a fully audited financial statement. However, the board composition could improve, as only 45% of its members are independent.

User feedback on Turning For Home Inc is overwhelmingly positive, particularly from volunteers. One reviewer praised the organization for its essential role in providing rehabilitation and rehoming services for retired racehorses, emphasizing the impact of the program on the animals' lives. The network of accredited Partner Farms along the East Coast is seen as a significant strength, allowing for a diverse range of support and care for the horses in need.

While the organization is well-regarded for its mission and operations, prospective donors and volunteers should be aware of the board's independence when considering their engagement. Overall, Turning For Home Inc is recognized for its dedication to the welfare of horses post-competition, and its financial management practices reflect a commitment to transparency and accountability.


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

Is Turning For Home Inc legitimate?

Turning For Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Turning For Home 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: $73,096

For more financial information, click here


Official website here: www.patha.org

What is the mission statement of Turning For Home Inc?

Turning For Home Inc is dedicated to ensuring the well-being of racehorses that can no longer compete due to age or injury. To prevent euthanasia, this organization focuses on providing a humane alternative by facilitating their retirement. By offering these horses a chance at a new life, Turning For Home Inc aims to promote their welfare and well-being after their racing careers have ended. The organization's mission is to secure a deserving retirement for these racehorses, providing them with the care and respect they deserve once they can longer race.


Official website here: www.patha.org

Who is the CEO of Turning For Home Inc?

Jeffrey Matty Jr is the President of Turning For Home Inc.


Official website here: www.patha.org

What is the revenue of Turning For Home Inc?

Turning For Home Inc's revenue in 2022 was $607,109.


Official website here: www.patha.org

Who are the executives of Turning For Home Inc and what are their salaries?

There 6 volunteers at Turning For Home Inc.


Here are 11 key members and their salaries:


Salvatore M Debunda Esq (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven A Appel Dds (1St Vice President & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Aristone (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $33,694
Charles Asensio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Armstrong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Nash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Coletti Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $31,527
Kathleen Demasi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $24,856
John Servis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $28,265
Scott Lake (Director As Of January)
  • Compensation: $0
  • Related: $0
  • Other: $20,899
Jeffrey Matty Jr (Executive Director, Secretary)
  • Compensation: $0
  • Related: $153,592
  • Other: $17,502


Official website here: www.patha.org

Where can I find the form 990 for Turning For Home Inc?

Turning For Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.patha.org

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

Mission Statement of Turning For Home Inc

Turning For Home Inc, a noble organization, is dedicated to ensuring the retirement of race horses that can no longer participate in races due to age or injury. In a world where euthanasia is a common alternative for these animals, Turning For Home offers a humane and compassionate solution.

The mission of Turning For Home Inc is multifaceted. At its core, the organization seeks to provide a sanctuary for race horses that have reached the end of their racing careers. These horses, once the epitome of strength and agility, deserve a peaceful retirement where they can live out their days in comfort and dignity. Turning For Home makes this possible by taking in horses that are no longer able to race and providing them with a new home where they can graze in open fields and enjoy the company of their equine friends.

Moreover, Turning For Home Inc is committed to promoting ethical treatment of race horses beyond their racing years. By offering a retirement option, the organization not only saves these horses from the harsh realities of euthanasia, but also raises awareness about the importance of responsible horse ownership and the need for better post-racing care. The dedication of Turning For Home Inc to the wellbeing of these horses is a testament to its unwavering compassion and its belief that every animal deserves a chance at a happy and fulfilling life, even after their racing days are over.

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Impact




July, 2024

Turning For Home Inc's impact can be seen in its commitment to providing retirement options for racehorses that are no longer able to race due to age or injury. By offering a humane alternative to euthanasia, the organization ensures that these horses are given the care and support they need as they transition to the next phase of their lives. Through its efforts, Turning For Home Inc is making a significant difference in the lives of these animals, promoting their welfare and well-being beyond the racetrack.




This information is meant to be a general summary of Turning For Home 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
$607,109 (2022)
Expenses
$613,681 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $637,995

Assets and Liabilities:

  • Total Assets: $70,065
  • Total Liabilities: $17,549
  • Net Assets: $52,516

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Organization Details

Founding Year

2008

Principal Officer

Jeffrey Matty Jr

Main Address

PO BOX 300, BENSALEM, PA, 19020

NTEE Category

Code: D20 - Animals

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