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Bay State Equine Rescue Inc

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

EIN: 421563295 ✦ Oakham, MA ✦ Designated as a 501(c)(3)

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Overview

What is Bay State Equine Rescue Inc?

Bay State Equine Rescue Inc, located in Oakham, Massachusetts, is a devoted nonprofit organization focused on the rehabilitation of abused and mistreated horses. Their primary mission involves rescuing these animals, nursing them back to health, and preparing them for adoption. Moreover, Bay State Equine Rescue Inc extends its services beyond animal welfare, engaging in educational programs to inform the general public about equine care. They achieve this through various events such as information booths, open houses, and participating in national equine events. Additionally, the organization offers recreational opportunities for both children and adults, allowing them to connect with horses, fostering a deeper appreciation for these magnificent creatures. With a small team of dedicated individuals, Bay State Equine Rescue Inc plays a vital role in equine welfare and education in its community.


Official website here: www.baystateequinerescue.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 43%, Zero-Star out of Four Star rating.

Bay State Equine Rescue Inc has been assigned a Zero-Star rating by Charity Navigator, reflecting significant concerns regarding its accountability and financial health. The organization’s overall score is based entirely on its Accountability & Finance metrics, which received a score of 43%. Although the nonprofit boasts a fully independent board and has no material diversion of assets, several critical policies are missing, raising red flags about its governance practices.

The evaluation highlighted that while Bay State Equine Rescue Inc has met certain criteria, such as having an independent board size and conflict of interest policy, it lacks essential documents like a whistleblower policy and guidelines for document retention and destruction. Most notably, the nonprofit's financial ratios showed that it has not allocated any funds toward program expenses, which is a significant limitation that could undermine its operational effectiveness.

Overall, the charity's financial practices and governance policies are areas of concern, particularly given the absence of key documents that ensure transparency and accountability. Potential donors and supporters should carefully consider these factors when evaluating their involvement with the organization.


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

Is Bay State Equine Rescue Inc legitimate?

Bay State Equine Rescue Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay State Equine Rescue 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,933

For more financial information, click here


Official website here: www.baystateequinerescue.org

What is the mission statement of Bay State Equine Rescue Inc?

Bay State Equine Rescue Inc's mission involves rescuing and rehabilitating abused and mistreated horses, preparing them for adoption. Additionally, the organization provides educational and recreational opportunities for both children and adults, utilizing horses as a medium. These programs aim to foster an understanding and appreciation of these animals. The rescue center participates in various fairs, open houses, and equine events to spread awareness and educate the general public about their work and the importance of horse welfare.


Official website here: www.baystateequinerescue.org

Who is the CEO of Bay State Equine Rescue Inc?

Susan Sheridan is the Secretary of Bay State Equine Rescue Inc.


Official website here: www.baystateequinerescue.org

What is the revenue of Bay State Equine Rescue Inc?

Bay State Equine Rescue Inc's revenue in 2022 was $29,614.


Official website here: www.baystateequinerescue.org

Who are the executives of Bay State Equine Rescue Inc and what are their salaries?

The average compensation at Bay State Equine Rescue Inc during 2022 was $13,933. There is 1 employee at Bay State Equine Rescue Inc.


Here are 4 key members and their salaries:


Karin Orsi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Sheridan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Sheridan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Morrison (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.baystateequinerescue.org

Where can I find the form 990 for Bay State Equine Rescue Inc?

Bay State Equine Rescue Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.baystateequinerescue.org

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

Mission Statement of Bay State Equine Rescue Inc

Bay State Equine Rescue Inc is dedicated to rescuing and rehabilitating abused and mistreated horses, with the ultimate goal of finding them new homes through adoption programs. Beyond this, the organization offers educational and recreational opportunities for children and adults, utilizing horses as a medium. Through various events such as information booths at fairs, open houses, public riding events, and national equine events, Bay State Equine Rescue Inc provides valuable lessons and experiences to the general public. The organization's mission is to not only save horses from suffering but also inspire and engage individuals of all ages in the process, fostering a deeper appreciation for these magnificent animals and the bond between humans and horses.

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Impact




August, 2024

Bay State Equine Rescue Inc's impact lies in the rescue and rehabilitation of abused and mistreated horses for adoption programs. Additionally, they provide educational and recreational opportunities for children and adults surrounding horses. Through their efforts, they are able to rehabilitate horses in need and provide them with a chance for a better life. The organization also educates the general public through information booths at various fairs, open houses, public riding events, and national equine events, raising awareness about animal welfare and responsible horse ownership. Overall, Bay State Equine Rescue Inc plays a crucial role in improving the lives of horses in need and fostering a greater understanding of equine welfare in the community.




This information is meant to be a general summary of Bay State Equine Rescue 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
$29,614 (2022)
Expenses
$67,335 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $778
  • Program Service Revenue: $6,945
  • Gross Receipts: $29,614

Assets and Liabilities:

  • Total Assets: $646,284
  • Total Liabilities: $39
  • Net Assets: $646,245

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Programs

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

ADOPTION FEES

Revenue

$6,700

MERCHANDISE SALES

Revenue

$245

Organization Details

Founding Year

2002

Principal Officer

Susan Sheridan

Main Address

415 HUNT ROAD, OAKHAM, MA, 01068

NTEE Category

Code: P87 - Human services

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