Overview
What is Misty Meadows Foundation Inc?
The Misty Meadows Foundation is a nonprofit organization acting as a type I supporting entity under the Internal Revenue Code of 1986. Its primary focus is to back and facilitate the mission of the Misty Meadows Equine Learning Center (MMELC), a Massachusetts-based nonprofit corporation. The Foundation was established for the specific purpose of aiding and assisting the Equine Learning Center.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
Misty Meadows Foundation Inc has achieved a notable Four-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. The organization scored 94% overall, which reflects its commitment to maintaining high standards in financial management and transparency. This rating is particularly significant as it is derived entirely from the Accountability & Finance beacon, showcasing the foundation's focus on responsible stewardship of its resources.
Key strengths of Misty Meadows include having a fully independent board with 100% of its members independent, as well as an appropriate board size of 15 members. The organization demonstrates robust governance practices, including established conflict of interest and whistleblower policies, ensuring ethical operations. Furthermore, their program expense ratio stands at an impressive 82.44%, indicating that a significant portion of their funds is directed towards their mission-related activities.
Despite its strengths, it is essential to consider that the overall score is solely based on financial accountability, and additional information on program impact or effectiveness is not provided. Nonetheless, the absence of material asset diversion and a healthy liabilities to assets ratio of 0.20% enhance the overall confidence in the organization's financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Misty Meadows Foundation Inc legitimate?
Misty Meadows Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Misty Meadows Foundation 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: $26,949
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What is the mission statement of Misty Meadows Foundation Inc?
The Misty Meadows Foundation functions as a type I supporting organization under the Internal Revenue Code of 1986, focusing primarily on supporting and implementing the mission of the Misty Meadows Equine Learning Center. Established for the sole purpose of benefiting and assisting the Massachusetts-based nonprofit corporation, MMELC, the foundation is dedicated to furthering its cause. The Misty Meadows Foundation's objective aligns with that of the learning center, whose mission remains undisclosed in the provided data.
Who is the CEO of Misty Meadows Foundation Inc?
Alysa Emden is the Principal Officer of Misty Meadows Foundation Inc.
What is the revenue of Misty Meadows Foundation Inc?
Misty Meadows Foundation Inc's revenue in 2022 was $355,848.
Who are the executives of Misty Meadows Foundation Inc and what are their salaries?
There 10 volunteers at Misty Meadows Foundation Inc.
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Where can I find the form 990 for Misty Meadows Foundation Inc?
Misty Meadows Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Misty Meadows Foundation Inc
The Misty Meadows Foundation is a charitable organization that functions as a type I supporting entity under the Internal Revenue Code of 1986. Its primary objective is to assist and further the objectives of the Misty Meadows Equine Learning Center, a non-profit organization based in Massachusetts. The Foundation is specifically established to contribute to the mission of MMELC.
The Misty Meadows Foundation plays a vital role in supporting the programs and initiatives of the Misty Meadows Equine Learning Center. By doing so, it enables the center to carry out its educational and equine-assisted therapy services for those in need. The Foundation's activities are geared towards enhancing the capacity and impact of the Misty Meadows Equine Learning Center.
Through its unwavering commitment to the Misty Meadows Equine Learning Center, the Misty Meadows Foundation is instrumental in making a difference in the lives of those who benefit from its services. It supports the center's mission to provide a unique learning environment that combines the therapeutic benefits of working with horses with educational opportunities. By working in harmony with the equine learning center, the Misty Meadows Foundation enables the organization to continue its mission and reach more individuals in need.
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Impact
October, 2024
Misty Meadows Foundation Inc has a significant impact through its support of the Misty Meadows Equine Learning Center (MMELC). By focusing on the therapeutic and educational benefits of equine-assisted activities, the foundation enhances the lives of individuals who participate in these programs. The connection between horses and humans fosters personal growth, emotional healing, and a deeper understanding of animal care and behavior.
Located in Vineyard Haven, Massachusetts, the foundation provides resources and support that enable MMELC to effectively implement its mission. This collaboration promotes a safe and nurturing environment where participants can learn important life skills, develop confidence, and experience the healing power of working with horses. Overall, the foundation plays a crucial role in creating opportunities for personal development and well-being within the community.
This information is meant to be a general summary of Misty Meadows Foundation 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: $29,043
- Gross Receipts: $932,262
Assets and Liabilities:
- Total Assets: $10,442,625
- Total Liabilities: $21,760
- Net Assets: $10,420,865
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Organization Details
Founding Year
2016
Phone
(508) 338-7198Principal Officer
Alysa Emden
Main Address
55 MISTY MEADOWS LANE, VINEYARD HAVEN, MA, 02568
NTEE Category
Code: D11 - Animals
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