Overview
What is Galloping Out?
Galloping Out is a nonprofit organization based in North Riverside, Illinois, dedicated to assisting retired thoroughbred horses that once raced in the state. Their key mission is to provide care, rehabilitation, and new homes for these horses. Through their efforts, these horses are given a second chance at a comfortable and productive life after their racing careers have ended.
Official website here: www.gallopingout.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 76%, Three-Star out of Four Star rating.
Galloping Out has received a three-star rating from Charity Navigator, indicating a solid, yet not exceptional, level of accountability and financial management. The high score in program expense ratio suggests that a substantial portion of its resources is directed toward its programs rather than administrative costs, which is a positive aspect of their operations.
However, several policy shortcomings were noted, including the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy. These omissions may raise concerns about governance practices, despite the organization maintaining a majority of independent board members and a strong liabilities to assets ratio.
Overall, while Galloping Out demonstrates strong financial accountability and effective program spending, the lack of essential operational policies indicates areas for improvement in governance and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Galloping Out legitimate?
Galloping Out is a legitimate nonprofit organization registered as a 501(c)(3) entity. Galloping Out 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: $0
For more financial information, click here
Official website here: www.gallopingout.org
What is the mission statement of Galloping Out?
Galloping Out is a non-profit organization dedicated to helping retired thoroughbred horses that once raced in Illinois. Their mission is to provide these horses with the necessary care and assistance, ensuring they have a comfortable and productive post-racing life. Through their efforts, they facilitate the rehabilitation and placement of these horses into suitable homes, giving them a second chance at living out their days in peace and dignity. Galloping Out's commitment extends beyond just individual horses, as they strive to promote awareness and understanding about the importance of retiring and caring for racehorses. By providing a safety net for these horses, they make a positive impact on both the animals and the wider equine community.
Official website here: www.gallopingout.org
Who is the CEO of Galloping Out?
David Mccaffrey is the Director of Galloping Out.
Official website here: www.gallopingout.org
What is the revenue of Galloping Out?
Galloping Out's revenue in 2022 was $151,576.
Official website here: www.gallopingout.org
Who are the executives of Galloping Out and what are their salaries?
There 6 volunteers at Galloping Out.
Here are 6 key members and their salaries:
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Official website here: www.gallopingout.org
Where can I find the form 990 for Galloping Out?
Galloping Out's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gallopingout.org
Learn more at the official website: www.gallopingout.org
Mission Statement of Galloping Out
Galloping Out, a dedicated nonprofit organization, works tirelessly to assist retired Thoroughbred horses that once raced in Illinois. Their mission is twofold: to provide these horses with necessary care and rehabilitation, and to facilitate their placement into new homes.
The horses, having spent their prime years in the racing industry, often require special attention and support as they transition into retirement. Galloping Out steps in to address their needs, offering a sanctuary where they can heal and regain their strength. The organization goes above and beyond, not only providing care but also actively seeking suitable homes for these horses.
Galloping Out's commitment to the wellbeing of retired Thoroughbreds is unwavering. They understand the unique challenges these horses face and work diligently to address their physical and emotional needs. Through their efforts, Galloping Out not only improves the lives of individual horses but also contributes to the broader welfare of the Thoroughbred breed.
The organization's dedication extends beyond the horses themselves, as they also work to raise awareness about the importance of responsible horse retirement and adoption practices. Galloping Out serves as an invaluable resource for horse owners, race tracks, and veterinarians, ensuring that retiring Thoroughbreds receive the care and respect they deserve. In this way, they contribute to a healthier, more compassionate horse racing industry.
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Impact
October, 2024
Galloping Out plays a crucial role in enhancing the lives of retired thoroughbred horses that have raced in Illinois. By focusing on the care, rehabilitation, and successful placement of these horses, Galloping Out not only addresses the immediate needs of these animals but also promotes their well-being and future prospects. The organization provides essential support, ensuring that these horses receive the medical attention, training, and nurturing environment required for their transition from the racetrack to a new, fulfilling life. Through its efforts, Galloping Out fosters a deeper community understanding of the responsibilities and challenges faced by retired racehorses, advocating for their humane treatment and integration into suitable homes. This impact resonates beyond the individual horses, contributing to a more compassionate society towards animals and raising awareness about the importance of responsible equine care.
This information is meant to be a general summary of Galloping Out. 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: $120
- Gross Receipts: $151,576
Assets and Liabilities:
- Total Assets: $323,495
- Total Liabilities: $1,102
- Net Assets: $322,393
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Organization Details
Founding Year
2010
Phone
(708) 652-2201Principal Officer
David Mccaffrey
Main Address
7301 WEST 25TH STREET SUITE 321, NORTH RIVERSIDE, IL, 60546
Website
www.gallopingout.orgNTEE Category
Code: D20 - Animals
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