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Percheron Horse Assoc Of America Education & Charitable Fund

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

EIN: 311315763 ✦ Saint johns, MI ✦ Designated as a 501(c)(3)

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Overview

What is Percheron Horse Assoc Of America Education & Charitable Fund?

The Percheron Horse Assoc of America Education & Charitable Fund is a nonprofit organization dedicated to promoting and educating the public about the Percheron horse breed. The organization offers college scholarships to eligible applicants, providing financial support to individuals who are connected to this breed and maintain a certain GPA throughout their academic journey. In addition to the scholarship program, the Fund organizes youth clinics aimed at fostering a deeper understanding and appreciation of the Percheron horse breed. The Fund's mission emphasizes the importance of both education and the support of Percheron horse enthusiasts.


Official website here: www.percherronhorse.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 76% (Three-Star out of Four Star rating)

The Percheron Horse Association of America Education & Charitable Fund has received a Three-Star rating based on a total score of 76%. This rating reflects the organization’s performance in accountability and finance, with a perfect score in several areas, including board independence and program expense ratio. The organization effectively manages its assets with no material diversions reported and maintains a low liabilities-to-assets ratio, indicating strong financial health.

Despite its strengths, the organization has notable gaps in its governance policies, specifically a missing conflict of interest policy, whistleblower policy, and document retention and destruction policy. These omissions have negatively impacted its overall accountability score, highlighting areas for improvement that could enhance transparency and governance practices.

Overall, while the Percheron Horse Association of America Education & Charitable Fund demonstrates strong financial management and accountability, addressing its governance policy deficiencies would further strengthen its ratings and public trust.


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

Is Percheron Horse Assoc Of America Education & Charitable Fund legitimate?

Percheron Horse Assoc Of America Education & Charitable Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Percheron Horse Assoc Of America Education & Charitable Fund 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: $1,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.percherronhorse.org

What is the mission statement of Percheron Horse Assoc Of America Education & Charitable Fund?

The Percheron Horse Assoc of America Education & Charitable Fund focuses on the promotion and education of the Percheron horse breed. This organization's mission includes conducting a youth clinic to engage the younger generation in the Percheron horse community. The Fund awards scholarships to students associated with the breed, requiring them to maintain good academic standing. The scholarships, worth up to 4,000 dollars over four years for full-time students, help support their education. The organization's efforts aim to spread awareness and knowledge about the Percheron horse breed through various initiatives.


Official website here: www.percherronhorse.org

Who is the CEO of Percheron Horse Assoc Of America Education & Charitable Fund?

James Whitford is the President of Percheron Horse Assoc Of America Education & Charitable Fund.


Official website here: www.percherronhorse.org

What is the revenue of Percheron Horse Assoc Of America Education & Charitable Fund?

Percheron Horse Assoc Of America Education & Charitable Fund's revenue in 2022 was $16,863.


Official website here: www.percherronhorse.org

Who are the executives of Percheron Horse Assoc Of America Education & Charitable Fund and what are their salaries?


Here are 6 key members and their salaries:


Jerry Hancock (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Heston (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hardy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara J Watson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ellen Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Whitford (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.percherronhorse.org

Where can I find the form 990 for Percheron Horse Assoc Of America Education & Charitable Fund?

Percheron Horse Assoc Of America Education & Charitable Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.percherronhorse.org

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

Mission Statement of Percheron Horse Assoc Of America Education & Charitable Fund

The Percheron Horse Assoc of America Education & Charitable Fund is dedicated to the promotion and education of the Percheron horse breed. This nonprofit organization takes great strides in spreading awareness about these magnificent horses. One of their key initiatives is a youth clinic, which provides valuable learning opportunities for those with an affinity for Percheron horses.

The Percheron Horse Assoc of America Education & Charitable Fund's mission extends beyond simple awareness. They offer scholarships to students who demonstrate a connection to Percheron horses. These grants, worth up to $4,000 over a four-year period for full-time students, are awarded based on academic merit. Recipients are expected to maintain specific grade point averages to ensure continued eligibility.

In addition to their scholarship program, the Percheron Horse Assoc of America Education & Charitable Fund is committed to the education and progression of the Percheron breed. By fostering knowledge and appreciation for these horses, they contribute to the preservation and growth of the Percheron horse community.

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Impact




October, 2024

The Percheron Horse Association of America Education & Charitable Fund significantly impacts the Percheron horse community by promoting education and fostering a deeper appreciation for this unique breed. Through various initiatives, including youth clinics, the Fund engages younger generations, ensuring they gain hands-on experience and knowledge about Percherons.

Additionally, the Fund provides college scholarships valued at up to $4,000 over four years, encouraging students associated with Percheron horses to pursue higher education. By establishing academic standards for scholarship recipients—such as maintaining a minimum GPA throughout their college years—the Fund not only supports financial needs but also promotes academic excellence within the community.

Overall, the Fund plays a crucial role in nurturing a knowledgeable and passionate future generation of Percheron enthusiasts, ensuring the breed's legacy and continued relevance in equestrian culture.




This information is meant to be a general summary of Percheron Horse Assoc Of America Education & Charitable Fund. 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
$16,863 (2022)
Expenses
$34,509 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,567
  • Program Service Revenue: $10,296
  • Gross Receipts: $139,339

Assets and Liabilities:

  • Total Assets: $430,641
  • Total Liabilities: $0
  • Net Assets: $430,641

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Organization Details

Founding Year

1990

Principal Officer

James Whitford

Main Address

7675 N Welling Rd, Saint Johns, MI, 48879

NTEE Category

Code: D600 - Animals

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