Overview
What is Harry A Biszantz Memorial Center Tranquility Farms?
Harry A Biszantz Memorial Center Tranquility Farms is a nonprofit organization located at 3850 Hacienda Road, Cottonwood, California, 96022. Their primary mission is to offer retired Thoroughbred horses a humane and loving environment. In 2022, they provided care for 13 pensioned horses. The organization's activities revolve around providing these horses with the necessary support and care to live out their retirement years peacefully.
Official website here: www.tanquilityfarmtbs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (53%)
The Harry A Biszantz Memorial Center Tranquility Farms has received a low rating of 53%, which indicates significant concerns regarding its accountability and financial practices. The organization has failed to maintain an independent board, with 0% of its members being independent, which raises questions about governance and oversight. Additionally, the charity lacks essential policies such as conflict of interest and whistleblower protections, which are critical for transparency and ethical operations.
Despite these governance shortcomings, the organization demonstrates a strong commitment to its programs, with a high program expense ratio of 97.63%. This suggests that the majority of its funds are directed toward fulfilling its mission rather than administrative costs. Furthermore, there are no material diversions of assets, and the charity maintains a solid liabilities-to-assets ratio, indicating financial stability.
Overall, while the organization appears to effectively allocate resources towards its mission, the absence of independent oversight and critical governance policies poses risks that potential donors and stakeholders should consider. Enhanced transparency and governance reforms would be necessary for the charity to improve its standing and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Harry A Biszantz Memorial Center Tranquility Farms legitimate?
Harry A Biszantz Memorial Center Tranquility Farms is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harry A Biszantz Memorial Center Tranquility Farms 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tanquilityfarmtbs.org
What is the mission statement of Harry A Biszantz Memorial Center Tranquility Farms?
Tranquility Farms, a retirement sanctuary, is dedicated to providing humane retirement opportunities for Thoroughbred horses. The mission of this organization is to ensure that these horses, after completing their racing careers, can live out their days in a peaceful and caring environment. In 2022, the sanctuary provided care for 13 pensioned Thoroughbred horses. The focus on the wellbeing of these horses is a priority, making Tranquility Farms an essential place for Thoroughbreds in need of a peaceful retirement.
Official website here: www.tanquilityfarmtbs.org
What is the revenue of Harry A Biszantz Memorial Center Tranquility Farms?
Harry A Biszantz Memorial Center Tranquility Farms's revenue in 2024 was $108,711.
Official website here: www.tanquilityfarmtbs.org
Who are the executives of Harry A Biszantz Memorial Center Tranquility Farms and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $30,000
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tanquilityfarmtbs.org
Where can I find the form 990 for Harry A Biszantz Memorial Center Tranquility Farms?
Harry A Biszantz Memorial Center Tranquility Farms's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.tanquilityfarmtbs.org
Learn more at the official website: www.tanquilityfarmtbs.org
Mission Statement of Harry A Biszantz Memorial Center Tranquility Farms
Harry A Biszantz Memorial Center Tranquility Farms is a sanctuary dedicated to providing humane retirement opportunities for Thoroughbred horses. The mission of this organization is to ensure that racehorses, once they have retired from active racing, are able to live out their remaining years in comfort and dignity. In 2022, Tranquility Farm provided care for 13 pensioned horses.
The horses at Harry A Biszantz Memorial Center Tranquility Farms are given the chance to live out their days in a peaceful and nurturing environment. The sanctuary offers them the necessary care and attention they need to thrive, allowing them to enjoy their retirement years free from the pressures of competition. The organization's commitment to the well-being of its equine residents is unwavering, making it an essential haven for Thoroughbred horses in need of a safe and loving retirement home.
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Impact
October, 2024
Harry A Biszantz Memorial Center Tranquility Farms has a significant impact on the welfare of Thoroughbred horses by providing humane retirement opportunities for these animals. Located in Cottonwood, CA, the center functions as a sanctuary dedicated to the lifetime care of retired racehorses. In 2022, it successfully cared for 13 pensioned horses, ensuring they could live out their lives in a safe and nurturing environment.
By focusing on the post-racing lives of these Thoroughbreds, the center addresses an important but often overlooked issue in the horse racing industry. The sanctuary not only helps alleviate the challenges faced by retired racehorses but also raises awareness about the importance of responsible stewardship and humane treatment for these athletes once their racing careers are over. Through its work, the center contributes to a culture of respect and compassion towards animals, promoting a greater understanding of their needs and well-being.
This information is meant to be a general summary of Harry A Biszantz Memorial Center Tranquility Farms. 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 2024.
- Gross Receipts: $108,711
Assets and Liabilities:
- Total Assets: $607,088
- Total Liabilities: $80,222
- Net Assets: $526,866
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Organization Details
Founding Year
2001
Principal Officer
Exempt Organization Question Board
Website
www.tanquilityfarmtbs.orgNTEE Category
Code: D200 - Animals
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