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Saratoga Warhorse Foundation Inc

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

EIN: 462934258 ✦ Saratoga springs, NY ✦ Designated as a 501(c)(3)

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Overview

What is Saratoga Warhorse Foundation Inc?

Saratoga Warhorse Foundation Inc, located in Saratoga Springs, New York, is a nonprofit organization that serves veterans dealing with psychological wounds. With a team of five dedicated individuals, the foundation offers an equine-assisted experience, aiming to initiate empowering life changes. In 2022, they provided support to 115 veterans, helping them navigate their invisible, psychological challenges stemming from their military service. The foundation's mission is to foster healing and resilience through therapeutic horse interactions, providing a safe and supportive environment for these brave individuals.


Official website here: www.saratogawarhorse.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating.

Saratoga Warhorse Foundation Inc has received a commendable 96% score from Charity Navigator, which indicates a high level of accountability and finance management. The organization boasts a fully independent board and has received perfect scores in several governance categories, such as conflict of interest policies and financial oversight. This rating suggests that the foundation operates transparently and efficiently with its resources, focusing on its mission to help veterans through equine-assisted therapy.

User reviews highlight the transformative experiences many veterans have undergone while participating in the program. Participants report immense personal growth, increased confidence, and emotional healing. Many describe their time with the horses as life-changing, noting the bond formed and the insights gained regarding their trauma. The supportive environment and dedicated staff are frequently praised, painting a picture of a nurturing community that empowers participants.

However, there are isolated criticisms regarding management, with one review from a board member voicing concerns about leadership changes and financial transparency. While such feedback contrasts sharply with the overwhelming positive experiences reported by many participants, it highlights that, like any organization, there may be areas for improvement in governance and communication. Overall, Saratoga Warhorse Foundation Inc is well-regarded for its impactful work in supporting veterans through innovative therapeutic methods.


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

Is Saratoga Warhorse Foundation Inc legitimate?

Saratoga Warhorse Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saratoga Warhorse Foundation 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: $153,829
Professional Fundraising Fees: $0
Other Salaries and Wages: $134,457

For more financial information, click here


Official website here: www.saratogawarhorse.org

What is the mission statement of Saratoga Warhorse Foundation Inc?

The Saratoga Warhorse Foundation's mission is to aid veterans who have experienced invisible, psychological wounds due to their military service. They accomplish this by offering an equine-assisted experience that fosters empowering life changes. This non-profit organization's primary goal is to assist veterans in initiating personal growth and transformation. In 2022, the foundation served 115 veterans through this unique equine connection experience.


Official website here: www.saratogawarhorse.org

Who is the CEO of Saratoga Warhorse Foundation Inc?

R Matt Davis is the Executive Di of Saratoga Warhorse Foundation Inc.


Official website here: www.saratogawarhorse.org

What is the revenue of Saratoga Warhorse Foundation Inc?

Saratoga Warhorse Foundation Inc's revenue in 2022 was $699,224.


Official website here: www.saratogawarhorse.org

Who are the executives of Saratoga Warhorse Foundation Inc and what are their salaries?

The average compensation at Saratoga Warhorse Foundation Inc during 2022 was $57,657. There are 5 employees and 10 volunteers at Saratoga Warhorse Foundation Inc.


Here are 6 key members and their salaries:


Allison Cherkosly Ph D (Executive Di)
  • Compensation: $153,829
  • Related: $0
  • Other: $0
Brian Michael Spearman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Matt Davis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Fall (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Mott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.saratogawarhorse.org

Where can I find the form 990 for Saratoga Warhorse Foundation Inc?

Saratoga Warhorse Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.saratogawarhorse.org

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

Mission Statement of Saratoga Warhorse Foundation Inc

The Saratoga Warhorse Foundation assists veterans who are grappling with invisible, psychological wounds, a consequence of their military service. Utilizing an equine-assisted experience, this nonprofit organization initiates empowering life changes for these individuals. By providing this unique therapeutic approach, Saratoga Warhorse Foundation aims to help veterans overcome their psychological challenges and embark on a path towards healing. In 2022, the foundation served 115 veterans, demonstrating its commitment to supporting those who have served their country and are now in need of assistance.

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Impact




July, 2024

Saratoga Warhorse Foundation Inc has a profound impact on veterans experiencing invisible, psychological wounds resulting from their military service. Through equine-assisted experiences, the foundation initiates empowering life changes for these veterans. In 2022, the foundation served 115 veterans, offering them a unique and effective "connection" experience. By focusing on assisting individuals who have sacrificed for their country, Saratoga Warhorse Foundation Inc is making a significant public benefit and positively impacting the lives of veterans in Saratoga Springs, NY.




This information is meant to be a general summary of Saratoga Warhorse Foundation 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
$699,224 (2022)
Expenses
$652,475 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$4,345
  • Gross Receipts: $943,497

Assets and Liabilities:

  • Total Assets: $943,098
  • Total Liabilities: $32,504
  • Net Assets: $910,594

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Organization Details

Founding Year

2013

Principal Officer

R Matt Davis

Main Address

PO BOX 461, SARATOGA SPRINGS, NY, 12866

NTEE Category

Code: W30 - Public benefit

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