Overview
What is Palm Beach Masters Horse Show Inc?
Palm Beach Masters Horse Show Inc, situated in Wellington, Florida, is a nonprofit organization dedicated to promoting equestrian sports. Their primary objective is to organize national and international amateur competitions, with a focus on improving horse care and training. They host annual horse shows, offering various classes for both domestic and foreign horses and riders, and distribute awards to the most meritorious exhibitors. The organization also encourages the art of riding and equestrianism, fostering national pride in competition and sportsmanship. Additionally, they aim to engage youth in wholesome activities and promote public interest in equestrian sports.
Official website here: www.palmbeachmasters.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Stars
Palm Beach Masters Horse Show Inc has achieved a remarkable 97% score, earning it a Four-Star rating. This high rating reflects the charity's exceptional performance in accountability and finance, with the overall score derived entirely from this beacon. The organization demonstrates a strong commitment to transparency and sound financial practices, showcasing a perfect score in several key areas.
The charity benefits from a fully independent board, consisting of three members, all of whom have no financial conflicts of interest. This governance structure, coupled with the absence of any material diversion of assets, indicates robust oversight and management. Additionally, all necessary documents such as board meeting minutes and various policies are properly listed and maintained, further strengthening the organization's credibility.
One notable strength is the charity's impressive program expense ratio of 100%, suggesting that all resources are efficiently allocated towards its mission. Furthermore, the liabilities to assets ratio is an outstanding 0.00%, indicating a solid financial foundation. Overall, Palm Beach Masters Horse Show Inc exemplifies a well-managed nonprofit committed to its goals and transparent in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Palm Beach Masters Horse Show Inc legitimate?
Palm Beach Masters Horse Show Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Beach Masters Horse Show 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
Official website here: www.palmbeachmasters.com
What is the mission statement of Palm Beach Masters Horse Show Inc?
Palm Beach Masters Horse Show Inc's mission is centered around fostering national and international amateur sports competitions for charitable and educational purposes. The organization achieves this by hosting annual horse shows, showcasing both domestic and foreign horses and riders of various classes, and awarding prizes to the most meritorious exhibitors. The competitions aim to improve horse care and training, promote the art of riding and horsemanship, and encourage sportsmanship among youth. Additionally, the events aim to foster national pride and promote public interest in equestrian sports.
Official website here: www.palmbeachmasters.com
Who is the CEO of Palm Beach Masters Horse Show Inc?
Paul Nesper is the Director of Palm Beach Masters Horse Show Inc.
Official website here: www.palmbeachmasters.com
What is the revenue of Palm Beach Masters Horse Show Inc?
Palm Beach Masters Horse Show Inc's revenue in 2021 was $140,372.
Official website here: www.palmbeachmasters.com
Who are the executives of Palm Beach Masters Horse Show Inc and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.palmbeachmasters.com
Where can I find the form 990 for Palm Beach Masters Horse Show Inc?
Palm Beach Masters Horse Show Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.palmbeachmasters.com
Learn more at the official website: www.palmbeachmasters.com
Mission Statement of Palm Beach Masters Horse Show Inc
Palm Beach Masters Horse Show Inc, as a nonprofit organization, is committed to fostering national and international amateur sports competitions for both charitable and educational purposes. The organization achieves this mission by holding annual horse shows, where domestic and foreign horses and riders of various classes compete. These competitions serve to improve the care and training of horses, while also encouraging the art of riding and horsemanship.
Moreover, Palm Beach Masters Horse Show Inc promotes national pride in the values of competition and sportsmanship. By organizing these events, the organization encourages wholesome activity among the nation's youth, thereby promoting public interest and participation in equestrian sports. The competitions not only provide an opportunity for riders to showcase their skills but also foster a sense of sportsmanship and camaraderie.
In essence, Palm Beach Masters Horse Show Inc utilizes equestrian sports as a platform to achieve its charitable and educational purposes. Through its annual horse shows, the organization promotes the art of riding and horsemanship, encourages wholesome activity, and fosters a sense of national pride in competition and sportsmanship. The organization's events also serve to improve the care and training of horses, thereby contributing to the equestrian community as a whole.
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Impact
October, 2024
The Palm Beach Masters Horse Show Inc. plays a significant role in promoting amateur equestrian sports at both national and international levels. By organizing annual horse shows, it creates platforms for athletes of various skill levels to showcase their talents, fostering improvement in horse care and training.
The event encourages the art of riding and horsemanship, while instilling values such as sportsmanship, competition, and national pride. By actively engaging youth in wholesome activities, it promotes a love for equestrian sports, enhancing community involvement and public interest.
Additionally, the horse show distributes prizes and awards to recognize excellence, thereby motivating participants and enhancing the overall quality of the competition. Through these efforts, the Palm Beach Masters Horse Show Inc. not only enriches the equestrian community but also contributes to charitable and educational initiatives, positively impacting the local and broader sporting culture.
This information is meant to be a general summary of Palm Beach Masters Horse Show 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 2021.
- Program Service Revenue: $3,603
- Gross Receipts: $140,372
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$3,603
Organization Details
Founding Year
2015
Principal Officer
Paul Nesper
Main Address
12500 PIERSON RD, WELLINGTON, FL, 33414
Website
www.palmbeachmasters.comNTEE Category
Code: N70 - Recreation
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