Overview
What is New Day Equine Therapy?
New Day Equine Therapy is a compassionate nonprofit organization situated in Richmond, Virginia, with an address at 1510 Floyd Ave. Their primary objective is to improve the quality of life and overall well-being of cancer patients, survivors, and their families. They accomplish this mission by providing equine therapy services, a unique and therapeutic approach that involves interacting with horses. This therapy is believed to enhance emotional, mental, and physical well-being, offering a holistic approach to healing and recovery for cancer patients and their loved ones.
Official website here: www.newdayequinetherapy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
New Day Equine Therapy has achieved a 76% rating from Charity Navigator, indicating a solid performance in accountability and finance. The charity's score is derived entirely from its strong accountability metrics, reflecting positive governance practices. The organization boasts an independent board composed of 100% independent members, which is a strong indicator of ethical management and transparency.
Strengths include a high program expense ratio of 97.62%, suggesting that the majority of its funding goes directly towards fulfilling its mission. Additionally, New Day Equine Therapy has received full marks for its liabilities to assets ratio, indicating strong financial health. However, the organization has significant areas for improvement, particularly in governance policies, as it lacks a conflict of interest policy and a whistleblower policy, which are essential for maintaining transparency and accountability.
While the charity demonstrates financial responsibility and effective program implementation, addressing the missing governance policies could enhance its overall rating and foster greater trust among stakeholders. With these improvements, New Day Equine Therapy could potentially strengthen its impact and credibility in the community.
This AI summary has been generated from information found on Charity Navigator.
Is New Day Equine Therapy legitimate?
New Day Equine Therapy is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Day Equine Therapy 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: $14,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.newdayequinetherapy.com
What is the mission statement of New Day Equine Therapy?
New Day Equine Therapy's mission is centered around improving the quality of life and overall well-being of cancer patients, survivors, and their families. They achieve this goal through the application of equine therapy. By offering equine therapy services, New Day aims to provide a therapeutic environment that can help these individuals and their families cope with the challenges associated with cancer. The therapy sessions are designed to enhance their overall well-being and provide them with a supportive environment during their cancer journey.
Official website here: www.newdayequinetherapy.com
Who is the CEO of New Day Equine Therapy?
Andrea Warfield is the Director of New Day Equine Therapy.
Official website here: www.newdayequinetherapy.com
What is the revenue of New Day Equine Therapy?
New Day Equine Therapy's revenue in 2022 was $77,422.
Official website here: www.newdayequinetherapy.com
Who are the executives of New Day Equine Therapy and what are their salaries?
Here are 7 key members and their salaries:
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- Related: $14,650
- Other: $0
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Official website here: www.newdayequinetherapy.com
Where can I find the form 990 for New Day Equine Therapy?
New Day Equine Therapy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newdayequinetherapy.com
Learn more at the official website: www.newdayequinetherapy.com
Mission Statement of New Day Equine Therapy
New Day Equine Therapy, as an organization, is committed to enhancing the quality of life and overall well-being of cancer patients, survivors, and their families. They achieve this mission through the implementation of equine therapy services. By engaging with horses, these individuals can find solace, strength, and improved emotional and physical health. The therapeutic interactions with these animals help boost their morale and provide a sense of normalcy during their cancer journey. New Day Equine Therapy's mission is deeply rooted in the belief that equine therapy can significantly contribute to the well-being of cancer patients and their loved ones, offering them a unique and effective means of coping with the challenges associated with cancer.
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Impact
August, 2024
New Day Equine Therapy's impact is significant in enhancing the quality of life and overall well-being of cancer patients, survivors, and their families through equine therapy. Through their services in Richmond, VA, they provide a unique and effective way for individuals affected by cancer to improve their physical, emotional, and mental health. This organization's commitment to utilizing equine therapy as a means of support demonstrates a dedication to holistic healing and improving the lives of those facing cancer.
This information is meant to be a general summary of New Day Equine Therapy. 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.
- Program Service Revenue: $2,812
- Gross Receipts: $77,422
Assets and Liabilities:
- Total Assets: $95,969
- Total Liabilities: $0
- Net Assets: $95,969
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THERAPY PROGRAM
Revenue
$2,812
Organization Details
Founding Year
2018
Phone
(908) 307-5156Principal Officer
Andrea Warfield
Main Address
1510 FLOYD AVE, RICHMOND, VA, 23220
Website
www.newdayequinetherapy.comNTEE Category
Code: W99 - Public benefit
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