Overview
What is The American Saddlebred Legacy Foundatio?
The American Saddlebred Legacy Foundation is a nonprofit organization located in Eminence, Kentucky. Their primary objective is to act as a valuable resource for American Saddlebred horse owners, trainers, and breeders, helping them find alternative solutions to costly horse rescues in the future. This foundation focuses on preserving and promoting the American Saddlebred breed.
Official website here: www.saddlebredlegacy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The American Saddlebred Legacy Foundation has received a Two-Star out of Four Star rating from Charity Navigator, reflecting an overall score of 61%. The organization demonstrates strong governance with a fully independent board and no material diversion of assets, which are positive indicators of its commitment to accountability. However, the lack of key policies such as a conflict of interest policy and a whistleblower policy raises concerns about its governance practices.
Financially, the foundation maintains a high program expense ratio of nearly 93%, suggesting that a significant portion of its budget is directed towards its mission-related activities. Nevertheless, the liabilities to assets ratio at 229.28% indicates potential financial risk and could impact the organization's long-term sustainability.
While the foundation's transparency in meeting minutes is commendable, the absence of crucial documents on its website, including the tax form, limits accessibility for stakeholders seeking to understand the organization’s operations. Overall, while there are noteworthy strengths, several areas for improvement must be addressed to enhance trust and performance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The American Saddlebred Legacy Foundatio?
100% of reviewers on Facebook recommend The American Saddlebred Legacy Foundation. Here is a summary of their reviews:
The organization has earned high praise for its commitment to education and horse rescue. Supporters highlight the impactful work being done, with particular emphasis on the foundation's efforts to save horses and raise awareness about their care and well-being.
Overall, the sentiment reflects strong appreciation for the foundation's mission and the dedication of its team, showcasing a community united by a passion for safeguarding horses and promoting their legacy.
This AI summary has been generated from reviews found on Facebook.
Is The American Saddlebred Legacy Foundatio legitimate?
The American Saddlebred Legacy Foundatio is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Saddlebred Legacy Foundatio 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
Official website here: www.saddlebredlegacy.com
What is the mission statement of The American Saddlebred Legacy Foundatio?
The American Saddlebred Legacy Foundation is dedicated to the preservation and promotion of the American Saddlebred breed. Their mission goes beyond simple breed maintenance; they aim to provide resources for owners, trainers, and breeders to repurpose these horses, thereby offering an alternative to costly rescue efforts in the future. By doing so, the Foundation ensures the longevity and continued appreciation of the American Saddlebred breed. Through their efforts, they support a sustainable and thriving community for these horses and their caretakers.
Official website here: www.saddlebredlegacy.com
Who is the CEO of The American Saddlebred Legacy Foundatio?
Jennifer Wittig is the President of The American Saddlebred Legacy Foundatio.
Official website here: www.saddlebredlegacy.com
What is the revenue of The American Saddlebred Legacy Foundatio?
The American Saddlebred Legacy Foundatio's revenue in 2022 was $234,327.
Official website here: www.saddlebredlegacy.com
Who are the executives of The American Saddlebred Legacy Foundatio and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.saddlebredlegacy.com
Where can I find the form 990 for The American Saddlebred Legacy Foundatio?
The American Saddlebred Legacy Foundatio's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.saddlebredlegacy.com
Learn more at the official website: www.saddlebredlegacy.com
Mission Statement of The American Saddlebred Legacy Foundatio
The American Saddlebred Legacy Foundation is a mission-driven organization dedicated to the preservation and promotion of the American Saddlebred breed. Rather than waiting for costly rescue efforts, this foundation serves as a valuable resource for American Saddlebred owners, trainers, and breeders. In simpler terms, they aim to repurpose these horses before the need for rescue arises. The foundation's objective is to provide essential support and knowledge to those involved in the breeding and care of American Saddlebred horses. The ultimate goal is to ensure the longevity and prosperity of this beloved breed. By empowering owners, trainers, and breeders with the necessary tools and resources, the American Saddlebred Legacy Foundation is not only securing the future of the American Saddlebred but also contributing to the overall well-being of these magnificent animals.
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Impact
October, 2024
The American Saddlebred Legacy Foundation plays a crucial role in the preservation and promotion of the American Saddlebred breed. By serving as a valuable resource for owners, trainers, and breeders, it aids in the repurposing of these horses, thereby reducing the need for costly rescues later on. This proactive approach not only ensures the well-being of the horses but also enhances the sustainability of the breed. Through its efforts in education and support, the foundation fosters a community dedicated to responsible ownership and the continued legacy of the American Saddlebred. Its activities are centered in Eminence, KY, where it works directly with those involved in the breed to create positive outcomes for both horses and their caretakers.
This information is meant to be a general summary of The American Saddlebred Legacy Foundatio. 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: $247,278
Assets and Liabilities:
- Total Assets: $137,297
- Total Liabilities: $314,800
- Net Assets: -$177,503
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Organization Details
Founding Year
2015
Phone
(502) 881-7626Principal Officer
Jennifer Wittig
Main Address
PO Box 12, Eminence, KY, 40019
Website
www.saddlebredlegacy.comNTEE Category
Code: D20 - Animals
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