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Hope After Racing Thoroughbreds

Hart

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

EIN: 451595018 ✦ Altoona, IA ✦ Designated as a 501(c)(3)

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Overview

What is Hope After Racing Thoroughbreds?

Hope After Racing Thoroughbreds (HART) is a nonprofit organization located in Altoona, Iowa. Their mission is to serve as a sanctuary for retired thoroughbred horses, providing them with care and rehabilitation after their racing careers have ended. The organization offers these horses a peaceful environment and skilled hands to help them continue their development and, in some cases, retrain them for new roles. HART aims to place these horses in loving homes where they will not only be cared for but also given the opportunity to continue learning new skills. Currently, HART is caring for thirty formerly racing horses and helping them transition into their next phase of life.


Official website here: www.iahart.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 90%, Four-Star out of Four Star rating.

Hope After Racing Thoroughbreds demonstrates strong performance in accountability and finance, as indicated by its 90% rating. The organization excels in several areas, including having a fully independent board and no material diversion of assets. Additionally, its program expense ratio is impressive at 94.93%, suggesting that a significant portion of its resources is directed toward its mission.

However, there are some limitations noted, particularly concerning its whistleblower policy, which is missing. This could raise concerns about governance practices and the ability for employees or volunteers to report misconduct safely. Despite this shortcoming, overall, the charity's strong financial accountability and commitment to transparency are commendable indicators of its operational integrity.


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

Is Hope After Racing Thoroughbreds legitimate?

Hope After Racing Thoroughbreds is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope After Racing Thoroughbreds 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: $0

For more financial information, click here


Official website here: www.iahart.org

What is the mission statement of Hope After Racing Thoroughbreds?

Hope After Racing Thoroughbreds is an organization dedicated to providing a peaceful environment and skilled care for non-competitive, sometimes injured racehorses. Once their racing careers come to an end, these horses are given the opportunity to develop, rehabilitate, or be retrained. The ultimate goal is to place these horses in experienced, loving homes where they can continue their education and learn new skills. This not only ensures each horse has a viable future but also provides them with a chance to thrive beyond their racing days.


Official website here: www.iahart.org

Who is the CEO of Hope After Racing Thoroughbreds?

Dr Stephanie White is the President of Hope After Racing Thoroughbreds.


Official website here: www.iahart.org

What is the revenue of Hope After Racing Thoroughbreds?

Hope After Racing Thoroughbreds's revenue in 2022 was $123,521.


Official website here: www.iahart.org

Who are the executives of Hope After Racing Thoroughbreds and what are their salaries?


Here are 9 key members and their salaries:


Dr Stephanie White Dvm (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Theresa Humphreys Dvm (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Mcshane (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrick Mallory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Eliasen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristal Freese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jaclyn Bradley Dvm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Covey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexis Gill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iahart.org

Where can I find the form 990 for Hope After Racing Thoroughbreds?

Hope After Racing Thoroughbreds's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iahart.org

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

Mission Statement of Hope After Racing Thoroughbreds

Hope After Racing Thoroughbreds, a noble organization, serves as a sanctuary for retired racehorses that are no longer competitive or have sustained injuries during their racing careers. The mission of this group is to provide these horses with a serene environment and expert care, enabling them to rehabilitate and be retrained for new careers once their racing days are over.

The ultimate goal of Hope After Racing Thoroughbreds is to ensure that these horses are placed in loving and experienced homes, where they can continue their education and develop viable skills. By doing so, each horse is given a future full of purpose beyond the racetrack. The organization's team of skilled individuals dedicates their time and expertise to help the horses adjust to their new lifestyle and reach their full potential.

Through its compassionate approach, Hope After Racing Thoroughbreds not only extends essential care to the horses but also secures their future by carefully selecting committed and capable adoptive families. The organization's unwavering commitment to the wellbeing of these horses ensures that they are cherished and well-loved, allowing them to live out their days in peace and comfort.

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Impact




October, 2024

Hope After Racing Thoroughbreds provides a crucial refuge for noncompetitive and sometimes injured racehorses, offering them a peaceful environment where they can heal and thrive after their racing careers. By accepting thirty thoroughbreds into their program, they ensure that these horses receive essential medical attention and specialized care. Through rehabilitation and retraining, they help these animals develop new skills that will enhance their chances for successful adoption into caring homes.

The organization’s impact extends beyond just the immediate welfare of the horses. It fosters a compassionate approach to animal care that highlights the importance of providing second chances. By placing horses in experienced and loving homes, they not only contribute to the well-being of the individual animals but also promote awareness about the needs of racehorses after their competitive days are over. Each horse that is rehabilitated and trained has the opportunity to embark on a new chapter, leading to better lives for both the horses and their future guardians.




This information is meant to be a general summary of Hope After Racing Thoroughbreds. 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
$123,521 (2022)
Expenses
$121,369 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $20,700
  • Gross Receipts: $124,475

Assets and Liabilities:

  • Total Assets: $49,404
  • Total Liabilities: $0
  • Net Assets: $49,404

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Programs

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

ADOPTION FEES

Revenue

$20,700

Organization Details

Founding Year

2011

Principal Officer

Dr Stephanie White

Main Address

1 PRAIRIE MEADOWS DRIVE, ALTOONA, IA, 50009

NTEE Category

Code: D20 - Animals

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