Overview
What is Standardbred Transition Alliance?
The Standardbred Transition Alliance is a nonprofit organization headquartered in Laurelville, Ohio. Their mission revolves around providing transitional care for Standardbred horses. To achieve this, they grant accreditation, conduct inspections, and award funds to approved organizations. These organizations are tasked with acquiring, rehabilitating, training, re-homing, following up, and caring for Standardbred horses. This collaborative effort is fueled by industry-wide funding. In summary, the Standardbred Transition Alliance serves as a crucial bridge for Standardbred horses' second careers, ensuring their wellbeing through a network of approved organizations.
Official website here: www.standardbredtransition.org
What are the reviews and ratings of this charity?
98% rating from Charity Navigator
The Standardbred Transition Alliance has earned an impressive Four-Star out of Four Star rating, reflecting its strong commitment to accountability and financial health. With a remarkable 97% score in Accountability & Finance and a perfect 100% in Impact & Measurement, the organization demonstrates effective management and transparency in its operations. The high Program Expense Ratio of 76.44% indicates that a significant portion of its funds directly supports its programs, ensuring that donations are utilized effectively for its mission.
The organization’s governance is bolstered by a fully independent board of 16 members, showcasing a robust oversight structure. The absence of material diversion of assets and comprehensive tax form disclosures further highlight its integrity and commitment to ethical practices. In addition, the high ratings in Culture & Community reflect the organization’s strong community engagement and commitment to stakeholder feedback, with perfect scores in both feedback collection and usage.
While the organization is performing exceptionally well, it continues to focus on strategic goals that include expanding its Placement Liaison Program and strengthening its network of accredited aftercare organizations. This shows a proactive approach to growth and improvement, ensuring that the Standardbred Transition Alliance remains effective in its mission to support the aftercare of Standardbred horses.
This AI summary has been generated from information found on Charity Navigator.
Is Standardbred Transition Alliance legitimate?
Standardbred Transition Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Standardbred Transition Alliance 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: $94,228
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.standardbredtransition.org
What is the mission statement of Standardbred Transition Alliance?
The Standardbred Transition Alliance is dedicated to providing accreditation, inspections, and grants to approved organizations that acquire, rehabilitate, train, re-home, follow up on, and care for Standardbred horses, utilizing industry-wide funding. In essence, their mission is to ensure the transitional care of Standardbred horses through collaboration with various organizations. By promoting the wellbeing of these horses, they aim to create a sustainable solution that benefits both the horses and the industry.
Official website here: www.standardbredtransition.org
Who is the CEO of Standardbred Transition Alliance?
Jennifer Daniels is the Board Member of Standardbred Transition Alliance.
Official website here: www.standardbredtransition.org
What is the revenue of Standardbred Transition Alliance?
Standardbred Transition Alliance's revenue in 2022 was $231,029.
Official website here: www.standardbredtransition.org
Who are the executives of Standardbred Transition Alliance and what are their salaries?
The average compensation at Standardbred Transition Alliance during 2022 was $94,228. There is 1 employee at Standardbred Transition Alliance.
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- Compensation: $85,828
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- Other: $8,400
Official website here: www.standardbredtransition.org
Where can I find the form 990 for Standardbred Transition Alliance?
Standardbred Transition Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.standardbredtransition.org
Learn more at the official website: www.standardbredtransition.org
Mission Statement of Standardbred Transition Alliance
The Standardbred Transition Alliance is a nonprofit organization committed to providing accreditation, inspections, and grants to approved entities that acquire, rehabilitate, train, re-home, follow up on, and care for Standardbred horses. By leveraging industry-wide funding, this alliance ensures the wellbeing of retired Standardbred racehorses and facilitates their transition into second careers.
In essence, the Standardbred Transition Alliance serves as a bridge between the racing industry and organizations dedicated to the welfare of these horses. Through its accreditation process, it ensures that the approved organizations meet specific standards for horse care and rehabilitation. The alliance also awards grants to help these organizations continue their important work. The ultimate goal is to provide transitional care for Standardbred horses, ensuring they have a safe and productive future beyond their racing careers.
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Impact
October, 2024
The Standardbred Transition Alliance plays a vital role in the care and rehabilitation of Standardbred horses. By providing accreditation and inspection, the organization ensures that approved groups are equipped to acquire, rehabilitate, train, and re-home these horses responsibly. Through industry-wide funding, it awards grants to these organizations, enabling them to offer essential transitional care to horses in need. This systematic support fosters a network of dedicated caregivers, improving the well-being of Standardbred horses and promoting their successful integration into new homes post-racing. The alliance's efforts contribute significantly to enhancing the overall welfare of these animals, ensuring they receive proper care and support throughout their transition.
This information is meant to be a general summary of Standardbred Transition Alliance. 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: $210
- Gross Receipts: $231,029
Assets and Liabilities:
- Total Assets: $319,509
- Total Liabilities: $0
- Net Assets: $319,509
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Organization Details
Founding Year
2018
Phone
(614) 499-2198Principal Officer
Jennifer Daniels
Main Address
PO BOX 377, LAURELVILLE, OH, 43135
NTEE Category
Code: D20 - Animals
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