Overview
What is Stable Grounds Inc C/O Middlebury Community Schools?
Stable Grounds Inc C/O Middlebury Community Schools is a nonprofit organization in its fourth year of operation, based in Middlebury, Indiana. Their primary mission is to offer hope for children's future by fostering healthy hearts and minds. During the 2022-2023 school year, they have been providing equine therapy services to children in the community. The organization manages and oversees the facility, animals, and related expenses for these therapeutic sessions. Additionally, they are currently constructing a second therapy arena on the same site as the existing facility. Overall, Stable Grounds Inc aims to create a nurturing environment for children to grow and heal.
What are the reviews and ratings of this charity?
Charity Navigator rates Stable Grounds Inc C/O Middlebury Community Schools with an 80%, granting it a Three-Star out of Four Star rating. This score reflects a strong emphasis on Accountability & Finance, indicating that the organization has robust financial practices and governance in place.
One of the organization's notable strengths is its fully independent board, comprised of ten members, which meets the highest standards for governance. The lack of material diversion of assets and a solid conflict of interest policy further enhance their credibility. Additionally, the organization maintains a high program expense ratio of 97.30%, demonstrating a commitment to directing funds towards its mission.
While the overall score is commendable, it is derived solely from the Accountability & Finance beacon, which means there may be limited insights into other operational areas such as impact and effectiveness. However, the organization’s financial health and governance practices indicate a reliable and responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Stable Grounds Inc C/O Middlebury Community Schools legitimate?
Stable Grounds Inc C/O Middlebury Community Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stable Grounds Inc C/O Middlebury Community Schools 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:
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What is the mission statement of Stable Grounds Inc C/O Middlebury Community Schools?
The mission of Stable Grounds Inc, an organization dedicated to helping children, is to offer hope for a prosperous future by fostering healthy hearts and minds. The organization's primary goal is to provide equine therapy services to children during the school year, aiming to promote emotional and physical well-being. Over the course of a year, they focus on managing facility operations, securing donations, and ensuring the animals and related expenses are taken care of. Additionally, they are currently overseeing the construction of a second therapy arena to expand their services.
Who is the CEO of Stable Grounds Inc C/O Middlebury Community Schools?
Michael Varner is the Director of Stable Grounds Inc C/O Middlebury Community Schools.
What is the revenue of Stable Grounds Inc C/O Middlebury Community Schools?
Stable Grounds Inc C/O Middlebury Community Schools's revenue in 2023 was $96,549.
Who are the executives of Stable Grounds Inc C/O Middlebury Community Schools and what are their salaries?
There 50 volunteers at Stable Grounds Inc C/O Middlebury Community Schools.
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Where can I find the form 990 for Stable Grounds Inc C/O Middlebury Community Schools?
Stable Grounds Inc C/O Middlebury Community Schools's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Stable Grounds Inc C/O Middlebury Community Schools
Stable Grounds Inc C/O Middlebury Community Schools, a nonprofit organization in its fourth year of operation, is dedicated to providing children with a hopeful future by nurturing their physical and mental well-being. The organization's primary mission revolves around offering equine therapy services to children during the school year, aiming to promote healthy hearts and minds.
During the 2022-2023 school year, Stable Grounds Inc C/O Middlebury Community Schools focused on procuring donations for the facility and organizational needs, managing the operations of the facility, and overseeing the expenses related to equine therapy. Their efforts culminated in the provision of these services for the children in Middlebury, Indiana.
In addition to these services, the organization is currently overseeing the construction of a second therapy arena on the same site as the existing facility. This expansion aims to further enhance the organization's capacity to serve the needs of the children it supports, ensuring that they continue to receive the beneficial equine therapy services they require.
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Impact
June, 2024
Stable Grounds Inc C/O Middlebury Community Schools is making a significant impact by providing children in Middlebury, Indiana with hope for the future and fostering healthy hearts and minds through equine therapy services. By managing and overseeing facility operations, organizing donations, and supervising the construction of a second therapy arena, the organization is creating a supportive environment for children to receive much-needed mental health support. This hands-on approach to promoting emotional well-being demonstrates the organization's commitment to positively impacting the lives of the community's youth.
This information is meant to be a general summary of Stable Grounds Inc C/O Middlebury Community Schools. 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 2023.
- Investment Income: $102
- Gross Receipts: $96,549
Assets and Liabilities:
- Total Assets: $867,091
- Total Liabilities: $0
- Net Assets: $867,091
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Organization Details
Founding Year
2019
Phone
(574) 825-9425Principal Officer
Michael Varner
Main Address
56644 NORTHRIDGE DRIVE, MIDDLEBURY, IN, 46540
NTEE Category
Code: F99 - Mental health
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