Overview
What is The Dressage Foundation?
The Dressage Foundation is a nonprofit organization situated in Lincoln, Nebraska. With just three dedicated employees, they concentrate on grant distribution, prioritizing both necessity and outstanding performance in classical dressage. Their primary mission is to foster and financially back the progression of dressage within the United States, thereby contributing to its growth and development.
Official website here: www.dressagefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Stars
The Dressage Foundation has received a solid rating of 89% from Charity Navigator, earning it a Three-Star designation. This rating reflects the organization’s commitment to accountability and finance, which is the only category assessed for this score. With a perfect score in several areas, such as independent board members and financial oversight, the foundation demonstrates strong governance practices.
One of the strengths of The Dressage Foundation is its fully independent board, comprising 13 members, ensuring that decision-making remains unbiased and focused on the mission. Additionally, the organization has established comprehensive policies for conflict of interest, whistleblowing, and document retention, contributing to a transparent operational framework. Their low liabilities to assets ratio of 1.45% further indicates financial health.
However, the foundation's program expense ratio stands at 64.34%, which suggests that while they allocate a significant portion of their budget to programs, there is room for improvement in maximizing programmatic expenditures relative to their total expenses. Overall, The Dressage Foundation demonstrates a strong commitment to financial integrity and ethical governance, making it a reliable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is The Dressage Foundation legitimate?
The Dressage Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dressage Foundation 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: $95,343
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,424
For more financial information, click here
Official website here: www.dressagefoundation.org
What is the mission statement of The Dressage Foundation?
The Dressage Foundation's mission statement is centered around cultivating and providing financial support for the advancement of dressage in the United States. They achieve this by awarding grants based on both the need and excellence in classical dressage performance. The foundation's goal is to contribute significantly to the growth and development of this equestrian discipline, thereby enhancing its overall status and impact within the nation.
Official website here: www.dressagefoundation.org
Who is the CEO of The Dressage Foundation?
Beth Baumert is the President & Ceo of The Dressage Foundation. The CEO's salary of The Dressage Foundation is $0 and their total compensation is $0.
Official website here: www.dressagefoundation.org
What is the revenue of The Dressage Foundation?
The Dressage Foundation's revenue in 2022 was $817,574.
Official website here: www.dressagefoundation.org
Who are the executives of The Dressage Foundation and what are their salaries?
The average compensation at The Dressage Foundation during 2022 was $56,922. There are 3 employees and 100 volunteers at The Dressage Foundation.
Here are 15 key members and their salaries (The Dressage Foundation's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $92,671
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- Other: $2,672
Official website here: www.dressagefoundation.org
Where can I find the form 990 for The Dressage Foundation?
The Dressage Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dressagefoundation.org
Learn more at the official website: www.dressagefoundation.org
Mission Statement of The Dressage Foundation
The Dressage Foundation, a nonprofit organization, is dedicated to fostering and financially supporting the growth of dressage in the United States. Their mission is to promote excellence in classical dressage by providing financial aid based on both need and outstanding performance. This support aims to advance the art and sport of dressage, ensuring its continued development and success within the nation.
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Impact
October, 2024
The Dressage Foundation significantly impacts the advancement of dressage in the United States by providing essential financial support tailored to both need and excellence in classical dressage performance. By awarding grants, the foundation fosters growth and development in the discipline, making it more accessible to riders while encouraging high standards of performance. This initiative not only promotes the sport but also enriches the overall equestrian community, helping to cultivate talent and increase participation across various levels. Located in Lincoln, NE, The Dressage Foundation serves as a vital resource that nurtures the passion for dressage and contributes to its evolution in the country.
This information is meant to be a general summary of The Dressage Foundation. 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: $87,935
- Gross Receipts: $817,574
Assets and Liabilities:
- Total Assets: $5,766,770
- Total Liabilities: $142,535
- Net Assets: $5,624,235
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Organization Details
Founding Year
1989
Phone
(402) 434-8585Principal Officer
Beth Baumert
Main Address
1314 O ST SUITE 305, LINCOLN, NE, 68508
Website
www.dressagefoundation.orgNTEE Category
Code: N60 - Recreation
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