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Drifters Hearts Of Hope Inc

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

EIN: 472171682 ✦ Franktown, CO ✦ Designated as a 501(c)(3)

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Overview

What is Drifters Hearts Of Hope Inc?

Drifters Hearts of Hope Inc is a Colorado-based nonprofit organization that focuses on the care and adoption of horses, while also raising funds for these equine beings through various events and tack sales using donations. By adopting out horses and generating funds from donations and sales, the organization continues its mission to ensure the well-being of these animals. Their efforts are geared towards providing a better future for horses in need.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 73%)

Drifters Hearts Of Hope Inc has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates strong financial practices, there are significant areas requiring improvement. The organization excels in maintaining an independent board, with perfect scores in board independence and size, and shows excellent financial health with no liabilities against its assets. Furthermore, their program expense ratio is high, suggesting that a substantial portion of their funds is directed toward their programs.

However, several critical policies are missing, including the tax form on their website, a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These omissions have impacted their accountability and transparency scores. The absence of these essential governance practices may raise concerns for potential donors regarding the organization's overall management and operational integrity.

Overall, while Drifters Hearts Of Hope Inc shows promise through its effective program spending and financial health, the lack of necessary policies and documentation leaves room for improvement. Potential supporters may want to consider these factors when evaluating their trust in the organization.


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

Is Drifters Hearts Of Hope Inc legitimate?

Drifters Hearts Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Drifters Hearts Of Hope 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 Drifters Hearts Of Hope Inc?

Drifters Hearts Of Hope Inc is dedicated to the care and adoption of horses. They raise funds for horse welfare through various means such as tack sales from donations and organizing fundraising events. The organization's mission revolves around providing a loving home for horses in need while generating essential resources through fundraising activities. By adopting out horses and selling tack from donations, Drifters Hearts Of Hope Inc aims to ensure the wellbeing of these animals while also advancing their cause. Their efforts extend beyond the adoption and care of horses, as they also engage in fundraising events to expand their reach and increase support for their cause.

Who is the CEO of Drifters Hearts Of Hope Inc?

Jacqueline M Avis is the President And Director of Drifters Hearts Of Hope Inc.

What is the revenue of Drifters Hearts Of Hope Inc?

Drifters Hearts Of Hope Inc's revenue in 2022 was $306,024.

Who are the executives of Drifters Hearts Of Hope Inc and what are their salaries?

There 24 volunteers at Drifters Hearts Of Hope Inc.


Here are 6 key members and their salaries:


Jacqueline M Avis (President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachelle Nye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Hudec (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Fitzpatrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dani Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally O'Donell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Drifters Hearts Of Hope Inc?

Drifters Hearts Of Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Drifters Hearts Of Hope Inc

Drifters Hearts of Hope Inc, a dedicated nonprofit organization, focuses on the care and adoption of horses. With a strong commitment to their cause, they raise funds for horses through various means. One of their primary methods is by selling tack and holding fundraising events. These initiatives not only generate revenue but also create awareness about their mission.

The heart of Drifters Hearts of Hope Inc lies in their dedication to providing horses with the care and adoption they deserve. They believe that every horse deserves a loving home and the opportunity to thrive. By raising funds through tack sales and events, they are able to provide for the horses' basic needs, ensuring they are well-fed, healthy, and happy.

Moreover, the organization's efforts extend beyond the care of individual horses. Drifters Hearts of Hope Inc also seeks to make a difference in the lives of horses by finding them loving forever homes through adoption. Their mission is to match horses with caring and capable individuals who will provide them with the love, attention, and care they deserve. By doing so, they not only improve the lives of the horses but also create lasting bonds between humans and animals.

In conclusion, Drifters Hearts of Hope Inc is a compassionate organization that prioritizes the care and adoption of horses. Through their fundraising initiatives, they provide for the horses' basic needs and work towards finding them loving forever homes. Their commitment to the well-being of horses is unwavering, and they continue to make a positive impact on the lives of these magnificent animals.

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Impact




October, 2024

Drifters Hearts of Hope Inc has a significant impact on the welfare of horses in the Franktown, Colorado area. By focusing on the care and adoption of horses, they provide essential rehabilitation and a second chance for animals in need. Their fundraising efforts through various events and tack sales enable them to sustain their operations and improve the lives of these horses.

The organization actively engages the community in its mission, fostering awareness around equine welfare while involving individuals in fundraising activities that contribute to the care of horses. Through their adoption programs, they help to find loving homes for horses, reducing the number of animals in need and promoting responsible ownership.

By utilizing donations effectively, they create a ripple effect that not only benefits the horses directly but also educates the public about equine care and the importance of providing shelter and resources for these animals. Overall, Drifters Hearts of Hope Inc plays a crucial role in enhancing the lives of horses while encouraging community involvement in animal welfare initiatives.




This information is meant to be a general summary of Drifters Hearts Of Hope 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
$306,024 (2022)
Expenses
$279,978 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $57,586
  • Gross Receipts: $333,273

Assets and Liabilities:

  • Total Assets: $112,891
  • Total Liabilities: $0
  • Net Assets: $112,891

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Programs

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

Adoption Fees

Revenue

$37,135

Boarding

Revenue

$720

Tack/T-shirts/Misc Sales

Revenue

$19,731

Organization Details

Founding Year

2014

Principal Officer

Jacqueline M Avis

Main Address

PO Box 888, Franktown, CO, 80116

NTEE Category

Code: D20 - Animals

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