Overview
What is Standardbred Retirement Foundation Inc?
The Standardbred Retirement Foundation Inc, located in Cream Ridge, New Jersey, is a dedicated nonprofit organization that prioritizes the welfare of horses in need. Their primary mission involves offering humane care services, providing refuge for horses rescued from shipping for slaughter. The foundation offers comprehensive rehabilitation programs, including medical treatment, dental care, proper feeding, veterinary attention, farrier services, and general care. Their aim is to find carefully screened adopters for these equines, although some horses remain under their care and support for the duration of their lives. Annually, the foundation assists between 500 and 800 horses, following up on their well-being through veterinary reports from adoptive families. Moreover, the Foundation offers therapeutic equine opportunities for children and adults, contributing to their overall development. With a team of 15 employees, the Standardbred Retirement Foundation Inc is committed to ensuring the well-being and rehoming of horses in distress, providing them with a secure and loving environment when necessary.
Official website here: www.adoptahorse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Stars
The Standardbred Retirement Foundation Inc (SRF) has received a Three-Star rating from Charity Navigator, indicating a moderate level of performance. With an Accountability & Finance score of 74%, the organization demonstrates a solid commitment to financial transparency and responsible management of its resources. A notable strength is the high Program Expense Ratio of 93.68%, suggesting that a substantial portion of its funding is directed towards its programs, which is crucial for donor confidence.
User feedback highlights the organization's commitment to caring for horses, particularly those deemed unadoptable due to age or health issues. Positive reviews from board members and volunteers emphasize the quality of care provided to the horses, including tailored rehabilitation efforts. Many reviewers express appreciation for the organization's mission and its dedication to the welfare of horses throughout their lives.
However, some criticism has emerged regarding communication and the management of horse placements. One donor expressed dissatisfaction with the separation of a bonded pair of horses and a lack of contact regarding their status. This indicates an area for improvement in stakeholder communication to enhance trust and satisfaction among supporters.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Standardbred Retirement Foundation Inc legitimate?
Standardbred Retirement Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Standardbred Retirement Foundation 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: $231,841
For more financial information, click here
Official website here: www.adoptahorse.org
What is the mission statement of Standardbred Retirement Foundation Inc?
The Standardbred Retirement Foundation Inc's mission involves providing humane care services for horses in need of permanent homes or in crisis. This is achieved through rehabilitation, training, adoption, lifelong follow-up, or lifetime sanctuary. The organization also offers therapeutic equine opportunities for children and adults. The foundation rescues horses from slaughter or homes in need, providing them with medical care, dental attention, proper feeding, veterinary attention, farrier services, and rest. Carefully screened adopters are sought, but many horses remain under the foundation's care and expense for life. The Standardbred Retirement Foundation helps around 500 to 800 new horses annually and follows up on their health through veterinary reports from adopters semi-annually. Approximately 400-500 homes are secured annually, with an average of 500 horses remaining under the foundation's care at any given time.
Official website here: www.adoptahorse.org
Who is the CEO of Standardbred Retirement Foundation Inc?
Judith Bokman is the Secretary of Standardbred Retirement Foundation Inc.
Official website here: www.adoptahorse.org
What is the revenue of Standardbred Retirement Foundation Inc?
Standardbred Retirement Foundation Inc's revenue in 2022 was $1,639,459.
Official website here: www.adoptahorse.org
Who are the executives of Standardbred Retirement Foundation Inc and what are their salaries?
The average compensation at Standardbred Retirement Foundation Inc during 2022 was $15,456. There are 15 employees and 60 volunteers at Standardbred Retirement Foundation Inc.
Here are 6 key members and their salaries:
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Official website here: www.adoptahorse.org
Where can I find the form 990 for Standardbred Retirement Foundation Inc?
Standardbred Retirement Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.adoptahorse.org
Learn more at the official website: www.adoptahorse.org
Mission Statement of Standardbred Retirement Foundation Inc
The Standardbred Retirement Foundation Inc is dedicated to providing humane care services for horses in need of lifetime homes or in crisis. Their mission encompasses rehabilitation, training, adoption, lifelong follow-up, or lifetime sanctuary for these horses. Additionally, the organization offers therapeutic equine opportunities for both children and adults.
The Foundation plays a crucial role in rescuing horses from various challenging situations, such as being transported for slaughter or in need of homes. They provide comprehensive care, including medical and dental attention, proper refeeding, veterinary attention, farrier care, and rest. The primary objective is to find carefully screened adopters for these horses, although many horses remain under the Foundation's care and expense for their entire lives.
Annually, the Standardbred Retirement Foundation Inc assists around 500 to 800 horses in need and monitors their progress through veterinary reports from adopters on a semi-annual basis for the horses' entire lives. The organization is successful in securing approximately 400 to 500 new homes annually, while maintaining an average of 500 horses under their care at any given time. Their therapeutic equine opportunities cater to various individuals, providing them with a beneficial and rejuvenating experience.
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Impact
July, 2024
Standardbred Retirement Foundation Inc's impact is significant in providing humane care services for horses in need of lifetime homes. The organization rescues horses from shipping for slaughter and provides essential rehabilitation services such as medical attention, dental care, proper refeeding, veterinary attention, and farrier care. They also focus on finding carefully screened adopters for these rescued horses, but many horses end up staying under the foundation's care for life. The organization helps approximately 500-800 new horses annually, secures 400-500 homes each year, and maintains an average of 500 horses under their care at any given time. This work not only saves the lives of these horses but also ensures they have a chance at a better life through adoption or lifelong sanctuary.
This information is meant to be a general summary of Standardbred Retirement Foundation 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.
- Investment Income: -$959,668
- Gross Receipts: $1,643,026
Assets and Liabilities:
- Total Assets: $991,353
- Total Liabilities: $56,028
- Net Assets: $935,325
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Organization Details
Founding Year
1991
Phone
(609) 738-3255Principal Officer
Judith Bokman
Main Address
42 ARNEYTOWN-HORNERSTOWN RD, CREAM RIDGE, NJ, 08514
Website
www.adoptahorse.orgNTEE Category
Code: R99Z - Civil rights
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