Overview
What is New Beginning Sporthorses Foundation?
New Beginning Sporthorses Foundation is a nonprofit organization established in December 2018, with a mission to care for and retrain thoroughbred racehorses for new sporthorse careers. In their inaugural year, they welcomed eight horses and successfully adopted out two. Unfortunately, one young horse was lost to cancer, while another two required surgery. The Foundation is committed to the rehabilitation and retraining of these horses, offering them a second chance at a new life beyond racing.
Is New Beginning Sporthorses Foundation legitimate?
New Beginning Sporthorses Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Beginning Sporthorses Foundation submitted a form 990EZ, 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.
What is the mission statement of New Beginning Sporthorses Foundation?
The New Beginning Sporthorses Foundation was established in December 2018 with a focus on the care and re-training of thoroughbred racehorses for new sporthorse careers. In the year 2019, the organization brought in eight horses and adopted out two. Unfortunately, one three-year-old horse succumbed to cancer, and two others required surgery. Dedicated to this cause, the New Beginning Sporthorses Foundation is a non-profit entity committed to the welfare of these animals, providing them a second chance at a life beyond racing. Through their rehabilitation and retraining programs, these horses are given the opportunity to thrive in new disciplines.
Who is the CEO of New Beginning Sporthorses Foundation?
Deborah Ann Doneen is the President of New Beginning Sporthorses Foundation.
What is the revenue of New Beginning Sporthorses Foundation?
New Beginning Sporthorses Foundation's revenue in 2022 was $104,443.
Who are the executives of New Beginning Sporthorses Foundation and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for New Beginning Sporthorses Foundation?
New Beginning Sporthorses Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of New Beginning Sporthorses Foundation
New Beginning Sporthorses Foundation is a dedicated non-profit organization, established in December 2018. In the year that followed, the foundation focused on launching its equine program. During this time, New Beginning Sporthorses Foundation welcomed eight thoroughbred racehorses into its care and found new homes for two of them. Sadly, one young horse lost its battle against cancer, while two others underwent necessary surgeries.
The mission of New Beginning Sporthorses Foundation revolves around the care and re-training of thoroughbred racehorses for new sporthorse careers. This noble cause is a vital alternative to retirement or euthanasia for these magnificent animals. The foundation is committed to giving these horses a second chance at life and a future in the competitive world of sporthorses.
Thoroughbred racehorses often reach the end of their racing careers at a young age, and many lack the skills necessary for a successful transition into another discipline. New Beginning Sporthorses Foundation steps in to fill this gap by providing the necessary rehabilitation and retraining for these horses. The organization's dedicated team of professionals works tirelessly to help these horses regain their physical and mental strength, making them suitable for new careers in the sporthorse industry. In doing so, New Beginning Sporthorses Foundation not only saves lives but also offers a fresh start to horses that deserve another chance to shine.
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Impact
October, 2024
New Beginning Sporthorses Foundation has made a significant impact in the rehabilitation and retraining of thoroughbred racehorses, offering them a second chance at new sporthorse careers. Founded on December 20, 2018, the organization focused its initial year on establishing a robust horse program. In 2019, it successfully brought in eight horses and facilitated the adoption of two, actively working to ensure that these animals could transition into new roles.
The Foundation's commitment extends beyond merely adopting out horses; it also prioritizes the health and well-being of these animals. Unfortunately, the journey has not been without challenges, as one young horse succumbed to cancer and two others required surgical intervention. These experiences highlight the complexities and dedication involved in rehabilitating horses that have experienced the rigors of racing.
Situated in Westlake Village, California, New Beginning Sporthorses Foundation plays a crucial role in promoting the compassionate treatment of thoroughbreds. By focusing on their care and retraining, the Foundation not only enhances the lives of these horses but also contributes positively to the equestrian community by advocating for responsible ownership and the repurposing of retired racehorses.
This information is meant to be a general summary of New Beginning Sporthorses Foundation. 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: $557
- Gross Receipts: $104,443
Assets and Liabilities:
- Total Assets: $29,561
- Total Liabilities: $0
- Net Assets: $29,561
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Organization Details
Phone
(805) 200-6688Principal Officer
Deborah Ann Doneen
Main Address
5776 Lindero Canyon Rd D-130, Westlake Village, CA, 91362
NTEE Category
Code: D20 - Animals
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