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Equus Foundation Inc

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

EIN: 421547242 ✦ Westport, CT ✦ Designated as a 501(c)(3)

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Overview

What is Equus Foundation Inc?

Equus Foundation Inc, based in Westport, Connecticut, is a dedicated nonprofit organization focused on protecting America's horses and fostering the profound horse-human connection. By providing grants to various organizations, they extend their reach to share the transformative power of horses with a wide range of individuals, especially those with special needs. Their mission embodies a commitment to safeguarding horses and nurturing the valuable bond between these animals and humans, aiming to create positive change in American communities.


Official website here: www.equusfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Star rating)

Equus Foundation Inc has achieved a perfect score of 100% from Charity Navigator, indicating exceptional accountability and financial management. The organization’s score is based entirely on its accountability and finance metrics, which reflects its strong governance structures, including a fully independent board and comprehensive policies related to financial oversight.

Strengths highlighted include the charity's high program expense ratio of 87.39%, which suggests that a significant portion of its funding is directed towards its mission-related activities. Additionally, the presence of an independent board and the absence of material diversion of assets reinforces the foundation's commitment to ethical practices and transparency.

While the data reflects strong performance in finance and governance, there are no specific limitations noted in the available information. Overall, Equus Foundation Inc demonstrates robustness in its operations, making it a reliable choice for potential donors looking to support equine-related causes.


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

Is Equus Foundation Inc legitimate?

Equus Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Equus Foundation 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.equusfoundation.org

What is the mission statement of Equus Foundation Inc?

Equus Foundation Inc is dedicated to safeguarding the welfare of America's horses and fostering the powerful connection between horses and people. Through grant allocations, the organization supports various initiatives that ensure the well-being of horses. Moreover, Equus Foundation strives to spread the enchantment and influence of horses, particularly for individuals with special needs. Lastly, the Foundation engages in public education efforts to highlight the significance of the horse-human bond in contemporary American society.


Official website here: www.equusfoundation.org

Who is the CEO of Equus Foundation Inc?

Lynn Coakley is the President of Equus Foundation Inc.


Official website here: www.equusfoundation.org

What is the revenue of Equus Foundation Inc?

Equus Foundation Inc's revenue in 2022 was $919,300.


Official website here: www.equusfoundation.org

Who are the executives of Equus Foundation Inc and what are their salaries?

There 50 volunteers at Equus Foundation Inc.


Here are 6 key members and their salaries:


Lynn Coakley (President)
  • Compensation: $70,000
  • Related: $0
  • Other: $0
Jenny Belknap Kees (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Sheptoff (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Herman (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Mitchell Dvm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.equusfoundation.org

Where can I find the form 990 for Equus Foundation Inc?

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


Official website here: www.equusfoundation.org

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

Mission Statement of Equus Foundation Inc

Equus Foundation Inc, a renowned nonprofit organization, is dedicated to safeguarding America's horses and fostering a strong bond between horses and humans. By granting funds to various organizations, this mission-driven group works tirelessly to ensure the wellbeing of horses across the nation. Furthermore, Equus Foundation Inc strives to share the enchanting power of horses with as many individuals as possible, with a particular focus on those with special needs. In doing so, it deepens the connection between these individuals and horses, enhancing their lives in profound ways. Additionally, the organization raises public awareness on the significance of the horse-human bond in contemporary American society, promoting its value and importance.

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Impact




October, 2024

Equus Foundation Inc significantly impacts the welfare of horses across America and fosters meaningful human relationships with these majestic animals. By providing grants to organizations dedicated to protecting horses, Equus plays a crucial role in ensuring their well-being and safety.

The foundation also works to share the transformative power of horses with diverse populations, particularly individuals with special needs. Through various programs, it raises awareness about the therapeutic benefits of equine interactions, contributing to improved emotional and physical well-being for many.

Additionally, Equus Foundation Inc is committed to educating the public on the importance of the horse-human bond, highlighting both its historical significance and contemporary relevance. By nurturing this connection, the foundation helps cultivate a society that values and respects the role of horses in our lives. Overall, Equus Foundation Inc is a vital force in protecting horses and enhancing the human experience through their engagement.




This information is meant to be a general summary of Equus Foundation 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
$919,300 (2022)
Expenses
$743,293 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,375
  • Program Service Revenue: $83,776
  • Gross Receipts: $935,786

Assets and Liabilities:

  • Total Assets: $1,172,056
  • Total Liabilities: $267,429
  • Net Assets: $904,627

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Programs

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

Auction

Revenue

$83,776

Organization Details

Founding Year

2002

Principal Officer

Lynn Coakley

Main Address

168 LONG LOTS ROAD, WESTPORT, CT, 06880

NTEE Category

Code: D12 - Animals

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