Overview
What is Celtic Charms Inc?
Celtic Charms Inc., located in Albeamare, North Carolina, is a nonprofit organization dedicated to the well-being of equines. Previously involved in therapeutic riding activities, the organization now provides care for these animals in their new facility. In 2022, they continued to provide loving care, undertaking extensive renovations and improvements, all funded by Celtic Charms Equestrian Centers LLC, which is solely owned by its founders and executive directors. Despite indefinitely suspending lesson activities due to the age and maintenance costs of the equines, overall program expenses increased by approximately 34%. Significant veterinary expenses arose due to Finn's major surgery, and maintenance costs saw a 10% inflationary increase. The mission of Celtic Charms Inc. is to offer care for equines that were previously involved in their therapeutic riding activities or require assistance due to neglect or the inability of previous owners to provide adequate care.
Official website here: www.celticcharms.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (2 stars, 73% overall score)
Celtic Charms Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting some areas where the organization could strengthen its governance and operational policies. With a solid program expense ratio of 94.81%, it allocates most of its resources to its programs, which is a positive indicator of its commitment to mission-related activities. However, the organization lacks key policies, such as a whistleblower policy and document retention practices, which are essential for transparency and accountability.
User feedback on platforms like GreatNonprofits highlights a strong positive impact of Celtic Charms on individuals with special needs, specifically through therapeutic horseback riding. Many reviews describe transformative experiences for children and adults alike, emphasizing improvements in various personal skills such as confidence, posture, and emotional wellbeing. Clients consistently praise the dedicated staff and the nurturing environment, indicating that the organization successfully fosters a supportive community.
Despite its strong user endorsements, the organization does face challenges regarding governance practices as highlighted in its Charity Navigator rating. By addressing its operational deficiencies, Celtic Charms could enhance its accountability and transparency, which may further bolster its already substantial reputation within the community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Celtic Charms Inc legitimate?
Celtic Charms Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Celtic Charms 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.celticcharms.org
What is the mission statement of Celtic Charms Inc?
Celtic Charms Inc., as part of its mission, focuses on providing care for horses that have previously participated in its therapeutic riding activities or are in need due to neglect or the incapacity of previous owners to provide adequate care. The organization aims to ensure these equines receive the necessary attention and support they require. In 2022, Celtic Charms continued to provide care for nine horses in their new North Carolina facility, undertaking renovation works and improvements to the stall facilities, grazing areas, and paddock fencing. Due to the majority of the horses' age and increased costs of maintenance, the organization indefinitely suspended lesson activities, resulting in no lesson revenues or labor costs. However, equine and maintenance expenses increased significantly, with veterinary costs rising substantially due to major surgery for one of the horses and maintenance expenses increasing by 10% due to inflationary cost increases.
Official website here: www.celticcharms.org
Who is the CEO of Celtic Charms Inc?
William Landuyt is the President, Executive Director, Trustee of Celtic Charms Inc.
Official website here: www.celticcharms.org
What is the revenue of Celtic Charms Inc?
Celtic Charms Inc's revenue in 2022 was $68,274.
Official website here: www.celticcharms.org
Who are the executives of Celtic Charms Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.celticcharms.org
Where can I find the form 990 for Celtic Charms Inc?
Celtic Charms Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.celticcharms.org
Learn more at the official website: www.celticcharms.org
Mission Statement of Celtic Charms Inc
Celtic Charms, Inc., a nonprofit organization, is dedicated to providing care for equines that have been involved in its therapeutic riding activities or are in need of assistance due to neglect or the inability of previous owners to provide adequate care. The mission of Celtic Charms is to offer a sanctuary and necessary support to these horses, ensuring they receive the care they deserve. Throughout 2022, the organization continued to provide loving care to nine horses, undertaking extensive construction and renovation work at their new North Carolina facility. Improvements were made to stall facilities, grazing areas, and paddock fencing, with all capital costs covered by Celtic Charms Equestrian Centers LLC, a subsidiary owned by the organization's Executive and Program Directors. Unfortunately, due to the age of the majority of the horses and increased maintenance costs, the decision was made to indefinitely suspend lesson activities. As a result, there were no lesson revenues or labor costs during this period, leading to an overall increase in program expenses by approximately 34%. Despite this, Celtic Charms remained committed to its mission, providing the best possible care for its equine residents, including major surgery for one horse and addressing inflationary cost increases for maintenance.
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Impact
August, 2024
Celtic Charms Inc's impact revolves around providing care for equines previously involved in therapeutic riding activities or those in need of assistance due to neglect. In 2022, the organization continued to offer loving care to nine equines in North Carolina, with a focus on improving facilities and maintaining the health and well-being of the animals. Despite suspending lesson activities, Celtic Charms sustained its commitment to equine welfare, with increased expenses incurred for veterinary care and maintenance. The organization's efforts underscore its dedication to ensuring the health and happiness of these animals.
This information is meant to be a general summary of Celtic Charms 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.
- Program Service Revenue: $10,200
- Gross Receipts: $68,274
Assets and Liabilities:
- Total Assets: $34,823
- Total Liabilities: $1,300
- Net Assets: $33,523
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Boarding of instructor's horse
Revenue
$10,200
Organization Details
Founding Year
2010
Phone
(646) 285-2455Principal Officer
William Landuyt
Main Address
20837 Sam Rd, ALBEMARLE, NC, 280019030
Website
www.celticcharms.orgNTEE Category
Code: N69 - Recreation
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