Overview
What is Mended Hearts Inc?
Mended Hearts Inc, operating under the name Mended Hearts Stable, is a nonprofit organization situated in Metamora, Illinois. The primary focus of this organization is to provide therapeutic services through equestrian programs. By investing in the care and nourishment of its horses, Mended Hearts Inc enables its clients to reap the benefits that animals, particularly horses, can offer. Their mission is to promote and support equine-specialized interventions in the areas of therapy and education. This mission aims to contribute positively to individuals' well-being, ultimately enabling them to lead improved lives. With a team of nine dedicated employees, Mended Hearts Inc is committed to utilizing horses to enhance the mental and emotional wellness of its clients.
Official website here: www.mended-hearts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, Two-Star out of Four Star rating.
Mended Hearts Inc has been given a Two-Star rating by Charity Navigator, reflecting a moderate level of accountability and financial health. It scored particularly well on having a majority of independent board members and a high program expense ratio, indicating that a significant portion of their resources is dedicated to their charitable programs.
However, the organization faces notable limitations, particularly in transparency, as it lacks essential financial statements and certain governance policies, including a conflict of interest and whistleblower policy. Additionally, it has not made its tax forms available on its website, which impacts its overall score in terms of accountability. While the organization has strengths in various areas, its shortcomings highlight the need for improvement in governance and financial transparency to enhance trust and credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Mended Hearts Inc legitimate?
Mended Hearts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mended Hearts 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: $81,161
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,612
For more financial information, click here
Official website here: www.mended-hearts.org
What is the mission statement of Mended Hearts Inc?
Mended Hearts Inc's mission is to facilitate and promote equine-assisted interventions in the realms of therapy and education. Their primary objective is to contribute positively to the well-being of individuals, enabling them to live better lives. The organization provides and supports various equine programs, which involve caring for and feeding the horses, ensuring clients can reap the benefits that animals, particularly horses, offer.
Official website here: www.mended-hearts.org
What is the revenue of Mended Hearts Inc?
Mended Hearts Inc's revenue in 2023 was $654,377.
Official website here: www.mended-hearts.org
Who are the executives of Mended Hearts Inc and what are their salaries?
The average compensation at Mended Hearts Inc during 2023 was $10,616. There are 11 employees and 19 volunteers at Mended Hearts Inc.
Here are 7 key members and their salaries:
- Compensation: $81,161
- Related: $0
- Other: $24,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mended-hearts.org
Where can I find the form 990 for Mended Hearts Inc?
Mended Hearts Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mended-hearts.org
Learn more at the official website: www.mended-hearts.org
Mission Statement of Mended Hearts Inc
Mended Hearts Inc, a nonprofit organization, is dedicated to providing, promoting, and supporting equine-specialized interventions in the fields of therapy and education. Their mission is to contribute positively to the well-being of individuals, enabling them to live better lives. They achieve this by offering equine programs, which incur expenses for the care and feeding of each horse, ensuring that their clients reap the benefits that horses and animals are known to provide. This nonprofit organization aims to use these therapeutic services to make a substantial impact on the lives of those they serve.
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Impact
July, 2024
Mended Hearts Inc's impact lies in providing therapeutic services using equestrian programs to positively contribute to the well-being of individuals. Through their equine program in Metamora, IL, Mended Hearts Inc offers specialized interventions that aim to help people live better lives. By caring for and feeding each of the horses involved, they ensure that clients receive the benefits that horses and animals can provide. This approach to therapy and education reflects their mission to support individuals and enhance their overall well-being, making a significant impact in the field of human services.
This information is meant to be a general summary of Mended Hearts 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 2023.
- Investment Income: $1,513
- Program Service Revenue: $633,916
- Gross Receipts: $654,377
Assets and Liabilities:
- Total Assets: $402,408
- Total Liabilities: $230,671
- Net Assets: $171,737
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THERAPY
Revenue
$608,753
EQUINE FEES
Revenue
$16,755
PROGRAM FEES
Revenue
$6,376
MISCELLANEOUS FARM INCOME
Revenue
$2,032
Organization Details
Founding Year
2002
Principal Officer
Julie Perry
Website
www.mended-hearts.orgNTEE Category
Code: P80 - Human services
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