Overview
What is Retirement Home For Horses Inc?
Retirement Home For Horses Inc is a nonprofit organization that offers care for aged horses in Alachua, Florida. The facility accepts horses whose owners may consider destroying them due to their reduced ability to perform. Retiring horses at the home ensures they receive proper care and attention in their golden years. The organization's primary mission is to provide a safe and comfortable environment for these elderly horses, ensuring their wellbeing and overall happiness. By accepting aged horses, Retirement Home For Horses Inc plays a significant role in saving lives and promoting animal welfare.
Official website here: www.millcreekfarm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Retirement Home For Horses Inc has received a solid Three-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The organization scored well in multiple areas, including an independent board structure and effective management of assets, reflecting a commitment to transparency and responsible governance.
The organization excels in having a fully independent board and no material diversion of assets, which contributes positively to its overall rating. Furthermore, it maintains a strong program expense ratio and favorable liabilities to assets ratio, signaling effective resource allocation towards its mission of providing care for retired horses.
However, the fundraising efficiency ratio is notably low, raising questions about the effectiveness of its fundraising efforts. This could suggest potential challenges in generating sufficient funds relative to expenses. Overall, while the organization demonstrates strong governance and financial practices, enhancing fundraising strategies may be necessary for long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Retirement Home For Horses Inc legitimate?
Retirement Home For Horses Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Retirement Home For Horses 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: $30,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $190,764
For more financial information, click here
Official website here: www.millcreekfarm.org
What is the mission statement of Retirement Home For Horses Inc?
Retirement Home for Horses Inc is dedicated to the care of aged equine animals. The organization takes in horses whose owners are unable to keep them due to their advanced age and reduced capabilities. In providing for their needs, Retirement Home for Horses ensures that these horses live out their days in comfort and dignity. By accepting these animals, the organization prevents their unnecessary destruction. The mission is centered around the welfare of these aged horses.
Official website here: www.millcreekfarm.org
Who is the CEO of Retirement Home For Horses Inc?
Paul Gregory is the President of Retirement Home For Horses Inc.
Official website here: www.millcreekfarm.org
What is the revenue of Retirement Home For Horses Inc?
Retirement Home For Horses Inc's revenue in 2022 was $9,023,568.
Official website here: www.millcreekfarm.org
Who are the executives of Retirement Home For Horses Inc and what are their salaries?
The average compensation at Retirement Home For Horses Inc during 2022 was $12,292. There are 18 employees and 74 volunteers at Retirement Home For Horses Inc.
Here are 6 key members and their salaries:
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Official website here: www.millcreekfarm.org
Where can I find the form 990 for Retirement Home For Horses Inc?
Retirement Home For Horses Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.millcreekfarm.org
Learn more at the official website: www.millcreekfarm.org
Mission Statement of Retirement Home For Horses Inc
Retirement Home For Horses Inc, a compassionate organization, is dedicated to the mission of providing care for aged horses. In a heartwarming gesture, the nonprofit accepts horses that their owners would otherwise have to destroy due to their declining abilities to perform. The horses, who have spent most of their lives serving humans, deserve a peaceful retirement.
The Retirement Home For Horses Inc goes above and beyond, ensuring the elderly horses' needs are met. They provide a sanctuary where these horses can live out the remainder of their days in comfort and dignity. Their dedicated team takes care of their physical and emotional wellbeing, ensuring they receive the best possible care. The nonprofit's commitment to the wellbeing of these animals is unwavering.
By accepting these horses, Retirement Home For Horses Inc not only provides them with a safe haven but also offers them a sense of community. The horses are able to live out their days surrounded by their peers, fostering a sense of belonging and companionship. The organization's mission is a testament to the belief that every creature deserves to be treated with kindness and respect, regardless of their age or ability.
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Impact
October, 2024
Retirement Home For Horses Inc significantly impacts the lives of aged horses by providing them with a safe and caring environment during their twilight years. By accepting horses that owners may consider for euthanasia due to their inability to perform, the organization ensures these animals receive compassionate care and necessary resources. Located in Alachua, FL, the facility focuses on meeting each horse's individual needs, helping them live out their lives with dignity. This not only directly benefits the horses but also raises awareness about their welfare and the importance of humane treatment for aging animals, fostering a culture of compassion within the community.
This information is meant to be a general summary of Retirement Home For Horses 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: $2,201
- Gross Receipts: $9,023,568
Assets and Liabilities:
- Total Assets: $12,023,352
- Total Liabilities: $222,085
- Net Assets: $11,801,267
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Organization Details
Founding Year
1993
Principal Officer
Paul Gregory
Main Address
PO Box 2100, Alachua, FL, 326162100
Website
www.millcreekfarm.orgNTEE Category
Code: D200 - Animals
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