Overview
What is Montana Equestrian Events Inc?
Montana Equestrian Events Inc, located in Whitefish, Montana, is a nonprofit organization dedicated to fostering equestrian competitions. They predominantly cater to equestrians of various skill levels, organizing events that comply with the standards set by the United States Eventing Association and the international sanctioning body, Federation Equestre Internationale. Their primary achievement is hosting the annual Event at Rebecca Farm, attracting around 580 entrants who participate in a three-day competition involving dressage, cross-country, and stadium jumping. The organization offers several divisions, from novice to advanced, including international divisions, serving as a stepping stone for horse and rider advancement to major national and international equestrian competitions, including the Olympics. In preparation for the main event, the course is meticulously prepared, temporary stables are installed, qualified officials are hired, and volunteers contribute to the production. Fundraising efforts help offset costs like program production, prizes, organization fees, security, and other expenses. The event attracts over 20,000 spectators, offering free admission and handicap accessibility. A trade fair, barbecue, and several clinics and competitions are also part of the festivities, drawing equestrian enthusiasts from across the U.S. and Canada. In 2012, in honor of the event's founder, Rebecca Broussard, her daughter launched "Halt Cancer at X" – an initiative to raise funds for breast cancer research. The name pays homage to the dressage test, and donations were collected at the event to support this campaign. Participating competitors also raised funds through pledges, contributing to a total of $75,650 awarded to breast cancer research organizations. In summary, Montana Equestrian Events Inc promotes amateur equestrian competition in the western United States, benefiting both the equestrian community and local tourism.
Official website here: www.rebeccafarm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
Montana Equestrian Events Inc has received a One-Star rating from Charity Navigator, indicating significant room for improvement in governance and transparency. The organization scored 100% in the Accountability & Finance category, suggesting that while it manages its financial responsibilities well, there are critical deficiencies in governance practices. Most notably, the organization has no independent board members and lacks essential policies such as conflict of interest and whistleblower protocols.
The financial health of Montana Equestrian Events Inc appears strong with a program expense ratio of 92.36%, indicating that a high percentage of its expenditures are directed towards programs rather than administrative costs. However, the absence of publicly available financial statements and certain required governance documents raises concerns about transparency and accountability to stakeholders.
Despite its positive financial management, the lack of independent oversight and governance policies may hinder the organization’s credibility and trust among potential donors and supporters. Addressing these issues could improve its overall rating and enhance community confidence in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Montana Equestrian Events Inc legitimate?
Montana Equestrian Events Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montana Equestrian Events 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: $374,884
For more financial information, click here
Official website here: www.rebeccafarm.org
What is the mission statement of Montana Equestrian Events Inc?
Montana Equestrian Events Inc's mission is centered around promoting amateur equestrian competition in the western United States. The organization provides a platform for equestrians of all ages to compete in competitions that adhere to national and international standards, such as the Event at Rebecca Farm. The primary service accomplishment is hosting the main competition annually, attracting approximately 580 entrants. The event consists of a combination of dressage, cross-country, and stadium jumping over a three-day period, with divisions ranging from novice to advanced, including international divisions. The event serves as a stepping stone for horses and riders to advance to major national and international equestrian competitions, including the Olympics. Over several months prior to the event, the course is prepared, temporary stables are installed, and qualified officials are hired. Several hundred volunteers also contribute to the event's production. Fundraising efforts help offset costs, and the event attracts over 20,000 spectators with free admission and handicap access. The community benefits not only from the recreation but also economically, as competitors bring helpers and stay for several days. The initiative "Halt Cancer at X" was launched in 2012, in memory of the event's founder, to raise money for breast cancer research.
Official website here: www.rebeccafarm.org
Who is the CEO of Montana Equestrian Events Inc?
Sarah G Broussard is the President/Treasurer of Montana Equestrian Events Inc.
Official website here: www.rebeccafarm.org
What is the revenue of Montana Equestrian Events Inc?
Montana Equestrian Events Inc's revenue in 2022 was $1,948,772.
Official website here: www.rebeccafarm.org
Who are the executives of Montana Equestrian Events Inc and what are their salaries?
The average compensation at Montana Equestrian Events Inc during 2022 was $5,513. There are 68 employees and 500 volunteers at Montana Equestrian Events Inc.
Here are 4 key members and their salaries:
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Official website here: www.rebeccafarm.org
Where can I find the form 990 for Montana Equestrian Events Inc?
Montana Equestrian Events Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rebeccafarm.org
Learn more at the official website: www.rebeccafarm.org
Mission Statement of Montana Equestrian Events Inc
Montana Equestrian Events Inc, a nonprofit organization, is dedicated to promoting amateur equestrian competition in the western United States. Their primary mission is to provide a platform for equestrians of all ages to participate in competitions that are sanctioned by national and international organizations. The organization mainly focuses on staging the annual Event at Rebecca Farm, attracting approximately 580 entrants. Over three days, riders and their horses engage in a combination of dressage, cross-country, and stadium jumping events. The competition is part of a larger circuit, serving as a stepping stone for competitors to advance to major national and international equestrian competitions, including the Olympics.
Montana Equestrian Events Inc prepares the competition course to meet appropriate standards, installs temporary stables, and hires qualified officials. Several hundred volunteers also contribute to the production of the event. The organization engages in planned fundraising activities to secure sponsors, covering costs not covered by entry fees. The event attracts over 20,000 spectators, with admission being free and handicap access provided. A trade fair takes place over the three days, attracting vendors and food concessionaires. The community benefits from both the recreation and the economic impact, as the average out-of-town competitor stays for five days, bringing helpers with them.
The organization also hosts several clinics, show jumping competitions, and a dressage show throughout the season, which are sanctioned by respective parent organizations. Expert clinicians teach students during weekends, and judges officiate at the jumping and dressage shows. These events attract equestrians from all over the United States and Canada, supporting local tourism. In 2012, Montana Equestrian Events Inc launched an initiative called "Halt Cancer at X" in memory of the event's founder, Rebecca Broussard. The initiative aimed to raise money for breast cancer research, collecting parking donations at the event and soliciting pledges from participating competitors. A total of $75,650 was awarded to national and local organizations in the fight against breast cancer.
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Impact
July, 2024
Montana Equestrian Events Inc's impact is substantial and multifaceted. The organization plays a crucial role in promoting amateur equestrian competition in the Western United States, providing equestrians of all ages with the opportunity to compete in sanctioned events that are part of a larger circuit. The main competition, the Event at Rebecca Farm, attracts around 580 entrants who participate in a three-day competition involving different equestrian disciplines.
Additionally, Montana Equestrian Events Inc significantly contributes to the local economy by drawing over 20,000 spectators to the Event at Rebecca Farm, as well as hosting clinics, show jumping competitions, and dressage shows throughout the season. These events not only attract participants from across the U.S. and Canada but also benefit the community by supporting local tourism.
Moreover, the organization has also initiated charitable efforts such as the "Halt Cancer at X" campaign, which raises money for breast cancer research. This initiative, launched in 2012 in memory of the event's founder, demonstrates Montana Equestrian Events Inc's commitment to giving back to the community and supporting important causes.
Overall, Montana Equestrian Events Inc's impact extends beyond just organizing equestrian competitions; it enhances the recreational opportunities, economic growth, and charitable endeavors within the region it serves.
This information is meant to be a general summary of Montana Equestrian Events 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: $976
- Program Service Revenue: $909,338
- Gross Receipts: $2,587,246
Assets and Liabilities:
- Total Assets: $161,219
- Total Liabilities: $14,768
- Net Assets: $146,451
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EQUESTRIAN EVENTS
Revenue
$909,338
Organization Details
Founding Year
2000
Phone
(406) 862-8286Principal Officer
Sarah G Broussard
Main Address
PO BOX 595, WHITEFISH, MT, 59937
Website
www.rebeccafarm.orgNTEE Category
Code: N69 - Recreation
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