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Spirits Promise Equine Rescue Corp

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

EIN: 453660621 ✦ Riverhead, NY ✦ Designated as a 501(c)(3)

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Overview

What is Spirits Promise Equine Rescue Corp?

Spirits Promise Equine Rescue Corp is a nonprofit organization in Riverhead, New York, dedicated to saving horses and other animals from unfortunate living conditions, slaughterhouses, and individuals who can no longer care for them. With a team of 14 employees, their mission is to provide necessary care and maintenance for the rescued animals. The primary expenses include facility maintenance and horse rescue.


Official website here: www.spiritspromiserescue.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89%, Three-Star out of Four Star rating

Spirits Promise Equine Rescue Corp has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 93% in this area, the organization demonstrates effective financial management and transparency, as evidenced by its perfect scores in several key metrics such as conflict of interest policy and financial statements. However, the independent board members' score is notably low, which may raise concerns about governance.

On the positive side, the organization excels in its culture and community score, achieving a perfect 100%. This indicates a robust community engagement practice, effective feedback collection, and active usage of stakeholder input in decision-making. This strong community focus can enhance the organization's reputation and trustworthiness among supporters and beneficiaries alike.

Despite these strengths, the lack of independent board members may be a point of concern for potential donors who prioritize governance structure. Overall, Spirits Promise Equine Rescue Corp appears to be a well-managed nonprofit with a strong commitment to its mission, though there may be areas for improvement in governance practices.


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

Is Spirits Promise Equine Rescue Corp legitimate?

Spirits Promise Equine Rescue Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spirits Promise Equine Rescue Corp 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: $800
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,575

For more financial information, click here


Official website here: www.spiritspromiserescue.org

What is the mission statement of Spirits Promise Equine Rescue Corp?

Spirits Promise Equine Rescue Corp is a non-profit organization dedicated to saving horses and other animals from substandard living conditions, slaughterhouses, and distressed owners who are unable to care for them any longer. The primary goal of Spirits Promise Equine Rescue Corp is to ensure the welfare of these animals by rescuing them from dire situations. The organization takes on the financial burden of providing necessary care for these rescued animals, focusing on facility maintenance and horse rescue as their main expenses. By offering a safe haven, Spirits Promise Equine Rescue Corp provides these animals with a chance to live out their lives with dignity.


Official website here: www.spiritspromiserescue.org

What is the revenue of Spirits Promise Equine Rescue Corp?

Spirits Promise Equine Rescue Corp's revenue in 2023 was $503,506.


Official website here: www.spiritspromiserescue.org

Who are the executives of Spirits Promise Equine Rescue Corp and what are their salaries?

The average compensation at Spirits Promise Equine Rescue Corp during 2023 was $13,216. There are 11 employees and 60 volunteers at Spirits Promise Equine Rescue Corp.

Here are 4 key members and their salaries:


Marisa Striano (Executive Director)
  • Compensation: $800
  • Related: $0
  • Other: $0
Jil Gans (President Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Harris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Perrone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.spiritspromiserescue.org

Where can I find the form 990 for Spirits Promise Equine Rescue Corp?

Spirits Promise Equine Rescue Corp's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.spiritspromiserescue.org

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

Mission Statement of Spirits Promise Equine Rescue Corp

Spirits Promise Equine Rescue Corp is a dedicated organization that comes to the aid of horses and other animals in need. When these creatures find themselves in poor living conditions, on their way to slaughterhouses, or with owners who can no longer care for them, Spirits Promise Equine Rescue Corp steps in to save the day.

The mission of Spirits Promise Equine Rescue Corp is to provide a sanctuary for these animals, offering them a second chance at life. The organization focuses on rescuing horses, but its reach extends to other animals in need as well. The primary expenses for this compassionate endeavor are facility maintenance and horse rescue.

Spirits Promise Equine Rescue Corp serves as a beacon of hope for horses and other animals that have endured difficult circumstances. By taking them in and providing them with the necessary care, the organization ensures that they can live out their lives in peace and comfort. The dedicated team at Spirits Promise Equine Rescue Corp is committed to making a difference in the lives of these animals, providing them with the care and attention they deserve.

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Impact




October, 2024

Spirits Promise Equine Rescue Corp significantly impacts the welfare of horses and other animals by rescuing them from dire situations, including neglect, abusive environments, and the threat of slaughter. The organization provides critical care and support for these animals, ensuring they receive the necessary sustenance and rehabilitation. Located in Riverhead, NY, it focuses on creating a safe haven where rescued animals can thrive. Through its efforts, Spirits Promise not only addresses immediate needs but also raises awareness about animal welfare and the importance of responsible pet ownership. By providing a sanctuary for animals in distress, the organization fosters a compassionate community dedicated to improving the lives of vulnerable creatures.




This information is meant to be a general summary of Spirits Promise Equine Rescue Corp. 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
$503,506 (2023)
Expenses
$504,593 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3
  • Program Service Revenue: $49,624
  • Gross Receipts: $503,506

Assets and Liabilities:

  • Total Assets: $316,631
  • Total Liabilities: $66,395
  • Net Assets: $250,236

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Organization Details

Founding Year

2011

Principal Officer

Marisa Striano

NTEE Category

Code: D60 - Animals

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