Overview
What is Cutting Edge Retirement Foundation?
The Cutting Edge Retirement Foundation is a nonprofit organization that specializes in rehabilitating horses. They accept, care for, and transfer various breeds of horses, male or female, with the primary goal of providing them with therapy and treatment. The foundation offers veterinary services, supplies, and feed for the horses, as well as engages outside services as needed. Their mission encompasses receiving, transporting, buying, selling, leasing, donating, trading, and otherwise acquiring horses to ensure their rehabilitation and well-being.
What are the reviews and ratings of this charity?
Charity Navigator rating: 60%, Two-Star out of Four Star rating.
The Cutting Edge Retirement Foundation has received a Two-Star rating, indicating significant room for improvement in its accountability and finance practices. The score is solely based on accountability and finance metrics, where the organization scored 60%. Notably, the foundation lacks independent board members, which raises concerns about governance and oversight.
Strengths of the organization include a solid program expense ratio of 84.88%, showing that a large majority of its expenses are directed toward its programs, which can be seen as a positive sign for donors concerned about effective use of funds. Additionally, there are no reported material diversions of assets, which reflects a level of financial integrity.
However, the foundation has several shortcomings, including missing policies for whistleblower protection and document retention, as well as a lack of transparency regarding its website listing on tax forms. These issues contribute to the overall low accountability score and suggest that the organization may need to enhance its governance practices to improve trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Cutting Edge Retirement Foundation legitimate?
Cutting Edge Retirement Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cutting Edge Retirement Foundation 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
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What is the mission statement of Cutting Edge Retirement Foundation?
The Cutting Edge Retirement Foundation is dedicated to accepting and transferring horses of any breed for the purpose of rehabilitation and therapy. They provide care and treatment for these horses through various means, including veterinary services, supplies, feed, and outside assistance. The foundation's mission revolves around the rehabilitation of horses, with a focus on improving their wellbeing.
Who is the CEO of Cutting Edge Retirement Foundation?
Unavailable
What is the revenue of Cutting Edge Retirement Foundation?
Cutting Edge Retirement Foundation's revenue in 2022 was $93,795.
Who are the executives of Cutting Edge Retirement Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cutting Edge Retirement Foundation?
Cutting Edge Retirement Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cutting Edge Retirement Foundation
The Cutting Edge Retirement Foundation is a unique organization dedicated to the rehabilitation and care of horses. With a mission to receive, board, transport, buy, sell, lease, donate, trade, and otherwise accept or transfer any and all breeds of horses, male or female, the Foundation provides a sanctuary for these animals in need.
Through its various programs, the Cutting Edge Retirement Foundation offers essential services such as veterinary care, supplies, and feed for the horses. The organization goes above and beyond by also engaging outside services to ensure the horses receive the best possible care and treatment. The Foundation takes great pride in its commitment to the wellbeing of these animals, providing them with a safe and nurturing environment to heal and thrive.
In addition to its rehabilitation efforts, the Cutting Edge Retirement Foundation is also involved in the buying, selling, leasing, donating, trading, and accepting of horses. This multi-faceted approach allows the organization to support the horse community while continuing its mission of providing care and therapy for horses in need.
By focusing on the rehabilitation and care of horses, the Cutting Edge Retirement Foundation makes a significant difference in the lives of these animals. Through its compassionate approach and commitment to their wellbeing, the organization provides a vital service to the horse community and offers a secondary benefit of supporting the broader animal welfare movement.
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Impact
October, 2024
Cutting Edge Retirement Foundation has a significant impact on equine welfare by focusing on the rehabilitation and care of horses. This organization actively engages in various activities such as receiving, boarding, transporting, buying, selling, leasing, and donating horses, ensuring that animals in need receive the attention and care they deserve.
By providing essential veterinary services, supplies, and nutritious feed, the foundation addresses the physical and emotional well-being of these horses. The foundation's commitment to rehabilitation not only improves the lives of individual animals but also promotes a deeper understanding of equine care within the community.
Through its programs, Cutting Edge Retirement Foundation fosters a supportive environment where horses can recover and thrive, ultimately contributing to the advancement of humane treatment and the appreciation for horses as valuable companions and partners. The organization plays a vital role in improving the quality of life for horses in Texas and beyond, making a lasting difference in the lives of both animals and those who care for them.
This information is meant to be a general summary of Cutting Edge Retirement Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $93,795
Assets and Liabilities:
- Total Assets: $44,690
- Total Liabilities: $1,011
- Net Assets: $43,679
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Organization Details
Founding Year
2016
Phone
(940) 390-9209Main Address
P O Box 1342, Springtown, TX, 76082
NTEE Category
Code: D20 - Animals
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