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Valley Riding Inc

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

EIN: 341521032 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is Valley Riding Inc?

Valley Riding Inc, established as a nonprofit organization in Ohio, offers high-quality horseback riding instruction to both physically and mentally challenged individuals, as well as able-bodied children and adults. The organization's primary mission is to provide a nurturing environment for these individuals, utilizing equine-assisted activities to enhance their lives and foster a deeper appreciation for horses in a metropolitan setting. With a dedicated workforce of 46 employees, Valley Riding Inc aims to make a positive impact on its community by promoting equine-assisted therapies and activities.


Official website here: www.valleyriding.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Stars)

Valley Riding Inc has achieved a 77% rating, which places it in the Three-Star category based on its strong performance in Accountability and Finance. This rating emphasizes that the organization's operations are financially sound, with a notable focus on governance practices. The organization maintains a predominantly independent board, with 84% of its members being independent, which showcases transparency and effective oversight.

The charity's financial metrics are impressive, with a program expense ratio of 95.37%, indicating that the majority of its funding is directed towards its programs rather than administrative expenses. Additionally, the organization has no material diversion of assets, which strengthens its reliability as a nonprofit. Its various policies—such as conflict of interest and whistleblower protections—are well-documented, further supporting its commitment to accountability.

While the rating reflects solid financial practices, it is important to recognize that this score is derived solely from the Accountability & Finance beacon, which may not encompass other aspects of the organization such as program effectiveness or community impact. Prospective donors and supporters may want to consider additional factors when evaluating Valley Riding Inc for their contributions.


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

Is Valley Riding Inc legitimate?

Valley Riding Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Riding 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: $74,218
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,624

For more financial information, click here


Official website here: www.valleyriding.org

What is the mission statement of Valley Riding Inc?

Valley Riding Inc, a non-profit organization, is committed to providing high-quality English horseback riding instruction and equine-assisted activities to both children and adults in an urban setting. Its primary objective is to foster an increased understanding and appreciation for horses. The organization caters to both physically and mentally challenged individuals, in addition to able-bodied individuals, offering them an enriching experience with horses. By providing this service, Valley Riding Inc aims to promote the well-being and enjoyment of horses while fostering a deeper connection between humans and these majestic animals.


Official website here: www.valleyriding.org

Who is the CEO of Valley Riding Inc?

Martha Costello is the President of Valley Riding Inc.


Official website here: www.valleyriding.org

What is the revenue of Valley Riding Inc?

Valley Riding Inc's revenue in 2022 was $588,610.


Official website here: www.valleyriding.org

Who are the executives of Valley Riding Inc and what are their salaries?

The average compensation at Valley Riding Inc during 2022 was $6,388. There are 46 employees at Valley Riding Inc.


Here are 14 key members and their salaries:


Martha Costello (President)
  • Compensation: $42,919
  • Related: $0
  • Other: $0
Jacqueline Boonekamp (Secretary)
  • Compensation: $20,545
  • Related: $0
  • Other: $0
Margaret Mcelhany (President En)
  • Compensation: $10,754
  • Related: $0
  • Other: $0
Maria Boyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon Michael H Corrigan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Hunger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Pasela (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Siegel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanette Swisher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Thomas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Toth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Walker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Whitman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Horst (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.valleyriding.org

Where can I find the form 990 for Valley Riding Inc?

Valley Riding Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.valleyriding.org

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

Mission Statement of Valley Riding Inc

Valley Riding Inc, a non-profit organization, is committed to providing top-notch English horseback riding instruction and equine-assisted activities. Its primary goal is to enhance the understanding and appreciation of horses within an urban setting. The organization caters to both children and adults, including those with physical and mental challenges. By offering these riding lessons and activities, Valley Riding Inc aims to enrich the lives of its participants and foster a deeper connection with these magnificent animals.

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Impact




July, 2024

Valley Riding Inc's impact is significant in the community of Cleveland, Ohio, as it provides quality English horseback riding instruction and equine-assisted activities to children and adults. By offering these services to both physically and mentally challenged individuals, as well as able-bodied participants, the organization is enhancing awareness and appreciation of horses in a metropolitan setting. Through these activities, Valley Riding Inc is positively impacting the health and well-being of its participants, fostering a sense of empowerment and connection with animals.




This information is meant to be a general summary of Valley Riding 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
$588,610 (2022)
Expenses
$636,771 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,012
  • Program Service Revenue: $523,121
  • Gross Receipts: $595,410

Assets and Liabilities:

  • Total Assets: $430,733
  • Total Liabilities: $75,514
  • Net Assets: $355,219

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LESSONS AND TRAINING

Revenue

$267,783

BOARD AND CARE

Revenue

$231,368

THEREPUDIC RIDING PROGRAM

Revenue

$23,970

Organization Details

Founding Year

1991

Principal Officer

Martha Costello

Main Address

19901 PURITAS AVE, CLEVELAND, OH, 44135

NTEE Category

Code: E50Z - Health

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