Overview
What is Horsepower Inc?
Horsepower Inc, operating under the name Horsepower Therapeutic Learning Center, is a nonprofit organization based in High Point, North Carolina. With a team of 17 dedicated individuals, they offer therapeutic horseback riding activities for individuals with disabilities, extending their services to able-bodied students as well. Their initiatives include summer camps, teamwork programs, and equestrian instruction through school partnerships, as well as corporate volunteering events known as Days of Caring. The organization's mission is to promote and enhance the well-being of individuals with disabilities, providing a program of therapeutic, educational, and recreational value. By utilizing horses, they aim to empower those with mental, physical, and emotional challenges in a safe and controlled environment, offering therapeutic benefits.
Official website here: www.horsepower.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Horsepower Inc has achieved a Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization's overall score is derived solely from its accountability and finance metrics, where it also received a score of 96%. This high rating indicates a solid foundation in managing resources effectively and maintaining transparency.
The nonprofit boasts an independent board comprised of 12 members, all of whom are independent. This structure enhances governance and decision-making, ensuring that the organization's operations are overseen by individuals without conflicts of interest. Additionally, Horsepower Inc has demonstrated excellent performance in audits and financial oversight with no material diversion of assets reported.
While the rating highlights many strengths, including a program expense ratio of over 79%, which signifies a strong focus on its mission-related activities, there is no mention of any specific programs or outcomes in the feedback. Overall, Horsepower Inc's financial practices and governance structures are commendable, making it a trustworthy organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Horsepower Inc?
96% of 25 reviewers on Facebook recommend Horsepower Inc. Here is a summary of their reviews:
The overwhelming sentiment reflects a strong appreciation for the nonprofit's therapeutic offerings. Many users highlight the positive impact that Horsepower Inc. has on individuals, emphasizing the effectiveness of their programs.
Additionally, the community of volunteers is noted as a significant asset, with participants encouraging others to get involved and experience the rewarding environment firsthand. Overall, the consensus paints Horsepower Inc. as a valuable resource for therapy involving horses, greatly benefiting those who engage with it.
This AI summary has been generated from reviews found on Facebook.
Is Horsepower Inc legitimate?
Horsepower Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horsepower 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: $65,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $207,924
For more financial information, click here
Official website here: www.horsepower.org
What is the mission statement of Horsepower Inc?
Horsepower Inc's mission is centered around enhancing the well-being of individuals with disabilities. They achieve this by providing a program that offers therapeutic, educational, and recreational value, utilizing horses. This unique approach aims to empower individuals facing mental, physical, and emotional challenges in a secure and controlled environment, where they can derive therapeutic benefits. Beyond this, Horsepower Inc extends its services to able-bodied students, offering summer camps, teamwork, and equestrian instruction through local school partnerships, and engaging in corporate social responsibility initiatives like Days of Caring activities.
Official website here: www.horsepower.org
Who is the CEO of Horsepower Inc?
Jan Clifford is the Executive Di of Horsepower Inc.
Official website here: www.horsepower.org
What is the revenue of Horsepower Inc?
Horsepower Inc's revenue in 2022 was $465,473.
Official website here: www.horsepower.org
Who are the executives of Horsepower Inc and what are their salaries?
The average compensation at Horsepower Inc during 2022 was $16,054. There are 17 employees and 777 volunteers at Horsepower Inc.
Here are 14 key members and their salaries:
- Compensation: $65,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.horsepower.org
Where can I find the form 990 for Horsepower Inc?
Horsepower Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.horsepower.org
Learn more at the official website: www.horsepower.org
Mission Statement of Horsepower Inc
Horsepower Inc, a nonprofit organization, is committed to enhancing the well-being of individuals with disabilities. They achieve this mission by offering a program that provides therapeutic, educational, and recreational value. This program utilizes horses as a medium, offering a safe and controlled environment for individuals who may be mentally, physically, or emotionally challenged. Horsepower Inc's objective is to empower these individuals through horseback riding activities, providing them with therapeutic benefits.
In addition to serving individuals with disabilities, Horsepower Inc also extends its services to able-bodied students. This includes organizing youth summer camps, offering teamwork and equestrian instruction through local school partnerships, and collaborating with leading businesses in day-of-caring activities. The organization's approach leverages the unique therapeutic qualities of horses to foster growth and development in individuals, regardless of their abilities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Horsepower Inc's impact is evident in the positive changes it brings to individuals with disabilities. Through their therapeutic horseback riding activities, they empower mentally, physically, and emotionally challenged individuals, providing them with not just physical benefits but emotional and educational support as well. By using horses in a safe and controlled environment, Horsepower Inc enables these individuals to experience unique therapeutic benefits that improve their overall well-being. Additionally, by engaging able-bodied students in various programs and partnerships, Horsepower Inc fosters inclusivity and teamwork, creating a community that supports and uplifts everyone involved. Their work extends beyond just the individuals with disabilities they directly serve, reaching out to schools, businesses, and the wider community to spread awareness and promote the welfare of those in need.
This information is meant to be a general summary of Horsepower 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: -$4,272
- Program Service Revenue: $162,868
- Gross Receipts: $483,725
Assets and Liabilities:
- Total Assets: $622,404
- Total Liabilities: $259,182
- Net Assets: $363,222
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THERAPEUTIC RIDING
Revenue
$129,437
GROUP ACTIVITIES
Revenue
$32,746
OTHER
Revenue
$685
Organization Details
Founding Year
1995
Phone
(336) 931-1424Principal Officer
Jan Clifford
Main Address
4537 WALPOLE ROAD, HIGH POINT, NC, 27265
Website
www.horsepower.orgNTEE Category
Code: P80 - Human services
If you are a representative of Horsepower Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.