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Miracle Horses Healing Hearts Inc

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

EIN: 471753504 ✦ Springboro, OH ✦ Designated as a 501(c)(3)

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Overview

What is Miracle Horses Healing Hearts Inc?

Miracle Horses Healing Hearts Inc, based in Springboro, Ohio, is a compassionate nonprofit organization committed to assisting individuals with special needs. Their primary mission revolves around utilizing equine therapy, offering a unique approach to healing and personal growth. Located at 2711 Pekin Road, this nonprofit focuses on enabling those with special needs to benefit from the therapeutic qualities of horses, thereby enhancing their overall well-being and quality of life.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star

Miracle Horses Healing Hearts Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The charity's overall score is at 50%, which reflects a lack of adherence to several best practices in nonprofit governance, particularly the absence of independent board members and various missing policies that are essential for operational transparency.

One of the strengths highlighted in the evaluation is the charity's program expense ratio, which stands at an impressive 100%. This suggests that all of the charity's expenses are directed towards its programs, which is a positive sign of commitment to its mission. Additionally, there are no reported material diversions of assets, indicating that funds are being used appropriately.

However, the organization faces major challenges in governance. Notably, there are no independent members on its board, and critical policies related to conflicts of interest, whistleblower protections, and document retention have not been established. The absence of these policies and practices could pose risks to the charity's operations and overall sustainability, as transparency and accountability are key components of trust in nonprofit organizations.


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

Is Miracle Horses Healing Hearts Inc legitimate?

Miracle Horses Healing Hearts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miracle Horses Healing Hearts 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: $0

For more financial information, click here

What is the mission statement of Miracle Horses Healing Hearts Inc?

Miracle Horses Healing Hearts Inc is dedicated to assisting individuals with special needs through the medium of horsemanship. Their mission is to provide a supportive environment where these individuals can benefit from the therapeutic qualities of horses. By engaging in horsemanship activities, the organization aims to enhance the physical, emotional, and social well-being of its participants. The focus is on tailoring the experiences to meet the unique needs of each individual, fostering growth and improving their quality of life.

Who is the CEO of Miracle Horses Healing Hearts Inc?

Robert Todd Henderson is the President of Miracle Horses Healing Hearts Inc.

What is the revenue of Miracle Horses Healing Hearts Inc?

Miracle Horses Healing Hearts Inc's revenue in 2022 was $58,021.

Who are the executives of Miracle Horses Healing Hearts Inc and what are their salaries?


Here are 6 key members and their salaries:


Robert Todd Henderson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Kraus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Mccutcheon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Hanna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ilana Menges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Hausfeld (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Miracle Horses Healing Hearts Inc?

Miracle Horses Healing Hearts Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Miracle Horses Healing Hearts Inc

Miracle Horses Healing Hearts Inc is dedicated to assisting individuals with special needs through the therapeutic power of horsemanship. Their mission, as stated, is centered around this equine-assisted activity. By utilizing horses, this nonprofit organization aims to make a positive impact on the lives of those who may be facing various challenges. The specific focus of Miracle Horses Healing Hearts Inc is on helping those with special needs, providing them with a unique and therapeutic experience. This approach seeks to enhance their well-being and quality of life.

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Impact




August, 2024

Miracle Horses Healing Hearts Inc has had a significant impact on individuals with special needs by providing them with therapeutic horsemanship programs. Through their activities, they have improved the physical, emotional, and mental well-being of their participants, fostering a sense of empowerment and confidence. The organization's mission to help those with special needs through horsemanship has made a tangible difference in the lives of many individuals in SPRINGBORO, OH. The organization's focus on education through horsemanship has equipped participants with valuable skills and experiences that contribute to their overall development and quality of life.




This information is meant to be a general summary of Miracle Horses Healing Hearts 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
$58,021 (2022)
Expenses
$34,074 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10
  • Gross Receipts: $265,093

Assets and Liabilities:

  • Total Assets: $151,097
  • Total Liabilities: $0
  • Net Assets: $151,097

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Organization Details

Founding Year

2014

Principal Officer

Robert Todd Henderson

Main Address

2711 Pekin Road, Springboro, OH, 45066

NTEE Category

Code: B99 - Education

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