Overview
What is Intercollegiate Horse Shows Assoc Inc?
Intercollegiate Horse Shows Association Inc., based in Gladys, Virginia, is a nonprofit organization dedicated to nurturing and boosting the equestrian experience at the college level. They accomplish this objective by encouraging, fostering, and promoting intercollegiate equestrian activities, offering assistance and development in this field. The association's mission is to create a supportive environment for colleges and universities, enabling them to organize and participate in equestrian events and competitions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star Rating
The Intercollegiate Horse Shows Association Inc has received a low rating of 56% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. Notably, the organization has no independent board members, which raises questions about governance and oversight. Additionally, the absence of financial statements and several missing policies, such as whistleblower protection and document retention, further highlight weaknesses in transparency.
Despite these concerns, the organization has demonstrated a strong commitment to its programs, achieving a program expense ratio of 100%. This suggests that all of its expenditures are directed towards its mission-related activities, which can be seen as a positive aspect. Furthermore, the association maintains a low liabilities-to-assets ratio, indicating a stable financial position.
However, the lack of essential financial disclosures and governance policies may hinder potential supporters from fully understanding the organization’s operations. Overall, while the Intercollegiate Horse Shows Association shows dedication to its programs, significant improvements are needed in terms of governance and transparency to foster trust and confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Intercollegiate Horse Shows Assoc Inc legitimate?
Intercollegiate Horse Shows Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Intercollegiate Horse Shows Assoc 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.
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What is the mission statement of Intercollegiate Horse Shows Assoc Inc?
The Intercollegiate Horse Shows Association, Inc., strives to encourage, foster, and promote the equestrian experience at the college level. They achieve this by encouraging, aiding, and developing intercollegiate equestrian activities. The organization's primary goal is to enhance the equestrian experience for students at the collegiate level. They work towards achieving this goal by supporting and advancing intercollegiate equestrian activities.
Who is the CEO of Intercollegiate Horse Shows Assoc Inc?
Kelly Frankfurt is the Vice President of Intercollegiate Horse Shows Assoc Inc.
What is the revenue of Intercollegiate Horse Shows Assoc Inc?
Intercollegiate Horse Shows Assoc Inc's revenue in 2022 was $1,108,450.
Who are the executives of Intercollegiate Horse Shows Assoc Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Intercollegiate Horse Shows Assoc Inc?
Intercollegiate Horse Shows Assoc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Intercollegiate Horse Shows Assoc Inc
Intercollegiate Horse Shows Association, Inc., a notable organization, is dedicated to encouraging, fostering, and promoting the equestrian experience at the college level. This is achieved by offering aid and support for intercollegiate equestrian activities. The association's mission is to create an environment where collegiate students can engage in equestrian activities, thereby fostering their development and growth in this field. By encouraging these activities, the Intercollegiate Horse Shows Association, Inc., contributes to the enrichment of the collegiate experience for students with an interest in equestrian sports.
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Impact
July, 2024
The Intercollegiate Horse Shows Assoc Inc has a significant impact on the equestrian experience at the college level. By encouraging, fostering, and promoting intercollegiate equestrian activities, they create opportunities for students to develop their riding skills, compete in a structured and supportive environment, and form connections with fellow equestrians. This organization plays a crucial role in enhancing the collegiate equestrian community and providing valuable experiences for students interested in the sport.
This information is meant to be a general summary of Intercollegiate Horse Shows Assoc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,108,450
- Gross Receipts: $1,108,450
Assets and Liabilities:
- Total Assets: $548,407
- Total Liabilities: $4,250
- Net Assets: $544,157
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Organization Details
Founding Year
1976
Phone
(434) 770-2941Principal Officer
Kelly Frankfurt
Main Address
844 DRY FORK ROAD, GLADYS, VA, 24554
NTEE Category
Code: N69 - Recreation
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