Overview
What is Hope's Legacy Equine Rescue Inc?
Hope's Legacy Equine Rescue Inc is a compassionate nonprofit organization headquartered at 5145 Taylor Creek Road, Afton, Virginia, 22920. With a dedicated team of four employees, they have successfully rescued 124 horses during the fiscal year ending December 31, 2022. These horses were either saved from mistreatment, abandonment, neglect, or the threat of slaughter. Hope's Legacy went on to place 86 rescued horses for adoption, demonstrating their commitment to a new beginning for these animals. The organization received generous non-cash contributions amounting to $25,000. Their primary mission is the rehabilitation and adoption of rescue horses, enabling these gentle creatures to find loving homes.
Official website here: www.hopeslegacy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
Hope's Legacy Equine Rescue Inc has received a 73% rating from Charity Navigator, reflecting a moderate level of accountability and financial health. The charity maintains a strong independent board, with 100% of its members being independent, which is a positive indicator of governance. Additionally, the organization showcases a high program expense ratio of 85.42%, suggesting that a significant portion of its funds is directed toward its mission-related activities.
However, there are notable areas for improvement. The organization lacks a whistleblower policy and a document retention and destruction policy, both of which are critical for maintaining transparency and accountability. These missing elements may raise concerns about the organization's governance practices and risk management strategies. Overall, while Hope's Legacy Equine Rescue Inc demonstrates strong program efficiency and governance structure, addressing its policy gaps would enhance its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Hope's Legacy Equine Rescue Inc legitimate?
Hope's Legacy Equine Rescue Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope's Legacy Equine Rescue 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: $36,560
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,120
For more financial information, click here
Official website here: www.hopeslegacy.com
What is the mission statement of Hope's Legacy Equine Rescue Inc?
Hope's Legacy Equine Rescue Inc is dedicated to saving horses from various forms of distress. They come to the aid of horses that have fallen victim to abuse, abandonment, neglect, imminent slaughter, or situations where their owners can no longer care for them. The organization's mission extends to the rehabilitation and adoption of these rescued horses. During the income tax year ending December 31, 2022, Hope's Legacy Equine Rescue managed to save 124 horses and successfully placed 86 of them into loving homes. The rescue also received $25,000 worth of non-cash contributions.
Official website here: www.hopeslegacy.com
Who is the CEO of Hope's Legacy Equine Rescue Inc?
Maya Proulx is the Principal Officer of Hope's Legacy Equine Rescue Inc.
Official website here: www.hopeslegacy.com
What is the revenue of Hope's Legacy Equine Rescue Inc?
Hope's Legacy Equine Rescue Inc's revenue in 2022 was $1,002,546.
Official website here: www.hopeslegacy.com
Who are the executives of Hope's Legacy Equine Rescue Inc and what are their salaries?
The average compensation at Hope's Legacy Equine Rescue Inc during 2022 was $19,920. There are 4 employees at Hope's Legacy Equine Rescue Inc.
Here are 6 key members and their salaries:
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Official website here: www.hopeslegacy.com
Where can I find the form 990 for Hope's Legacy Equine Rescue Inc?
Hope's Legacy Equine Rescue Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopeslegacy.com
Learn more at the official website: www.hopeslegacy.com
Mission Statement of Hope's Legacy Equine Rescue Inc
Hope's Legacy Equine Rescue Inc is a nonprofit organization dedicated to saving horses from various forms of distress. These horses are often victims of abuse, abandonment, neglect, or are slated for slaughter, or their owners can no longer provide them with adequate care.
Hope's Legacy Equine Rescue takes in these horses and provides them with much-needed rehabilitation. Through their tireless efforts, they manage to rescue 124 horses each year. Once the horses are in their care, they work to find them loving, forever homes. In fact, they place 86 horses for adoption annually.
The organization also receives valuable support from the community. In the income tax year ending December 31, 2022, they received $25,000 in non-cash contributions. These contributions help further their mission of saving horses and giving them a second chance at life. With each horse that Hope's Legacy Equine Rescue saves, they bring hope and new beginnings to animals that have endured hardships.
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Impact
October, 2024
Hope's Legacy Equine Rescue Inc has made a significant impact by rescuing, rehabilitating, and finding new homes for horses in need. In the income tax year ending December 31, 2022, the organization rescued 124 horses and successfully placed 86 of them into adoptive homes. This vital work not only saves horses from abuse, abandonment, neglect, and slaughter but also provides a second chance for these animals to live fulfilling lives with caring families. Additionally, Hope's Legacy received $25,000 in non-cash contributions, which further supports their mission in Afton, VA. The dedication to protecting and nurturing these horses exemplifies their commitment to animal welfare and community involvement.
This information is meant to be a general summary of Hope's Legacy Equine Rescue 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: $2,769
- Program Service Revenue: $39,586
- Gross Receipts: $1,019,418
Assets and Liabilities:
- Total Assets: $1,956,114
- Total Liabilities: $33,022
- Net Assets: $1,923,092
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HORSE RESCUE AND ADOPT
Revenue
$39,586
Organization Details
Founding Year
2008
Phone
(434) 531-5688Principal Officer
Maya Proulx
Main Address
5145 TAYLOR CREEK ROAD, AFTON, VA, 22920
Website
www.hopeslegacy.comNTEE Category
Code: D20 - Animals
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