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Hope For Horses Inc

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

EIN: 454538139 ✦ Galt, CA ✦ Designated as a 501(c)(3)

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Overview

What is Hope For Horses Inc?

Hope For Horses Inc is a California-based nonprofit organization committed to rescuing, rehabilitating, and retraining horses. The majority of the rescued horses are off-the-track thoroughbred racehorses seeking new careers and caring humans. Through their rehabilitation efforts, these horses have transformed into excellent saddle horses, loving companions, and even show horses. The organization has a dedicated team of one employee working towards their mission.


Official website here: www.hope4horses.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

Hope For Horses Inc is recognized for its solid accountability and finance practices, reflected in its 83% score from Charity Navigator. The organization boasts a fully independent board and effectively manages its liabilities with a program expense ratio of over 93%, indicating that a significant majority of its funds are directed towards its mission of horse rescue and rehabilitation. However, the absence of policies regarding whistleblowing and document retention suggests areas for improvement in governance practices.

User feedback highlights the organization's commitment to the welfare of horses and the transformative impact it has on both the animals and the people involved. Many volunteers and clients express deep admiration for the dedication and compassion shown by the staff and volunteers alike, noting that the organization is entirely volunteer-run and effectively rehabilitates horses from various backgrounds. Reviews overwhelmingly convey a deep emotional connection to the horses, with adopters reporting positive experiences in finding their ideal horses, as well as a strong community spirit among participants.

Despite the overwhelming praise, some reviews mention the financial challenges faced by the organization, particularly regarding rising feed costs and the need for more resources to expand their operations. Nevertheless, the passion and commitment of the team at Hope For Horses shine through, with many individuals stating they have found a sense of purpose and fulfillment in their volunteer work, making it a well-regarded nonprofit in the horse rescue community.


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

Is Hope For Horses Inc legitimate?

Hope For Horses Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For Horses 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: $14,045

For more financial information, click here


Official website here: www.hope4horses.com

What is the mission statement of Hope For Horses Inc?

Hope for Horses is a non-profit organization committed to the rescue, rehabilitation, and retraining of horses. The corporation's primary goal is to give second chances to horses in need, particularly off-the-track thoroughbred racehorses seeking new roles and human companions. Through their dedicated efforts, many horses have been successfully adopted and transformed into excellent saddle horses, loyal companions, and even show horses across various disciplines. Their achievements this year have led to numerous adoptions, offering new opportunities for numerous horses.


Official website here: www.hope4horses.com

Who is the CEO of Hope For Horses Inc?

Lauren Grace Purdum is the Ceo of Hope For Horses Inc. The CEO's salary of Hope For Horses Inc is $0 and their total compensation is $0.


Official website here: www.hope4horses.com

What is the revenue of Hope For Horses Inc?

Hope For Horses Inc's revenue in 2022 was $249,016.


Official website here: www.hope4horses.com

Who are the executives of Hope For Horses Inc and what are their salaries?

The average compensation at Hope For Horses Inc during 2022 was $14,045. There is 1 employee and 10 volunteers at Hope For Horses Inc.


Here are 3 key members and their salaries (Hope For Horses Inc's CEO's salary is $0 and their total compensation is $0):


Lauren Grace Purdum (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Audra Gulick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Purdum (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hope4horses.com

Where can I find the form 990 for Hope For Horses Inc?

Hope For Horses Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hope4horses.com

Learn more at the official website: www.hope4horses.com

Mission Statement of Hope For Horses Inc

Hope For Horses, a nonprofit public benefit corporation, is committed to making a difference in the lives of horses in need. Dedicated to rescuing, rehabilitating, and retraining horses, this organization plays a vital role in providing second chances for horses that have been abandoned or neglected.

The horses that come to Hope For Horses often have a past as thoroughbred race horses, looking for a new job and a new human to care for them. Many of these horses display remarkable potential, transforming into excellent saddle horses, loyal companions, and even competitive show horses in various disciplines. The organization's efforts have led to numerous successful adoptions, offering a new lease on life for these deserving animals.

Hope For Horses' mission extends beyond mere adoption. The team at the organization invests significant time and resources into rehabilitating and retraining each horse, ensuring they are physically and emotionally prepared to thrive in their new homes. The result is a renewed sense of purpose and vitality for each horse, as they embark on new journeys with their adoptive families.

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Impact




October, 2024

Hope For Horses Inc significantly impacts the lives of equines by rescuing, rehabilitating, and retraining horses, particularly off-the-track thoroughbreds (OTTB). Over the past year, their efforts have resulted in numerous successful adoptions, giving these horses a new lease on life and the opportunity to find dedicated human companions. Many of the rehabilitated horses have transformed into excellent saddle horses, loyal companions, and even competitive show horses across various disciplines. This commitment not only enhances the welfare of individual horses but also enriches the community by fostering stronger human-animal bonds and promoting responsible horse ownership.




This information is meant to be a general summary of Hope For Horses 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
$249,016 (2022)
Expenses
$215,839 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$1,018
  • Program Service Revenue: $43,543
  • Gross Receipts: $256,202

Assets and Liabilities:

  • Total Assets: $83,012
  • Total Liabilities: $0
  • Net Assets: $83,012

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Programs

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

Adoptions

Revenue

$9,102

Boarding Services

Revenue

$32,816

Clinic & Demos

Revenue

$125

Ring Rental

Revenue

$1,500

Organization Details

Principal Officer

Lauren Grace Purdum

Main Address

PO Box 306, Galt, CA, 95632

NTEE Category

Code: D20 - Animals

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