Overview
What is Pegasus Project Foundation?
The Pegasus Project Foundation, situated in Yakima, Washington, is a nonprofit organization dedicated to enhancing health and well-being. Their primary activity involves therapeutic riding, providing weekly lessons for individuals with physical and emotional needs, either individually or in groups. The foundation's mission is to offer high-quality therapeutic riding and equine-related activities, aiming to improve the lives of those in need. With a team of 12 dedicated individuals, the Pegasus Project Foundation strives to make a positive impact on its community.
Official website here: www.pegasusrides.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Pegasus Project Foundation has received a Two-Star rating primarily due to its Accountability & Finance score of 73%. The organization shows strong governance features, including a board comprised entirely of independent members, demonstrating a commitment to transparent and effective leadership. Additionally, it maintains a healthy liabilities to assets ratio, indicating sound financial stability.
However, the foundation faces significant limitations, particularly in its financial transparency. It has not provided financial statements, which affects its overall rating negatively. Moreover, it lacks crucial policies such as a whistleblower and document retention policy, which are essential for ensuring accountability and risk management. While the program expense ratio is commendable at 76.29%, the absence of transparency in financial reporting remains a concern for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Pegasus Project Foundation?
94% of 28 reviewers on Facebook recommend Pegasus Project Foundation. Here is a summary of their reviews:
Many supporters express gratitude for the compassionate care their children receive at the foundation. One parent, Griselda Lopez Ramírez, highlights the significant impact of the therapeutic services provided to her son, emphasizing the warm and respectful treatment he experiences. The reviews reflect a sense of community and appreciation for the dedicated individuals involved in the organization.
Overall, the organization appears to be making a positive difference in the lives of families, creating a welcoming environment where children receive essential support. The heartfelt sentiments indicate that Pegasus Project Foundation is fulfilling its mission and earning the trust of those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Pegasus Project Foundation legitimate?
Pegasus Project Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pegasus Project Foundation 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: $77,823
Professional Fundraising Fees: $0
Other Salaries and Wages: $196,806
For more financial information, click here
Official website here: www.pegasusrides.com
What is the mission statement of Pegasus Project Foundation?
The Pegasus Project Foundation's mission is centered around providing therapeutic equine activities to enhance the health and well-being of individuals with physical and emotional needs. In pursuit of this objective, the foundation offers therapeutic riding lessons to children and adults, either individually or in groups, through its therapeutic riding program. The primary aim is to improve their overall wellness. The foundation is committed to delivering high-quality therapeutic riding services, aiming to make a positive impact on the lives of those in need.
Official website here: www.pegasusrides.com
What is the revenue of Pegasus Project Foundation?
Pegasus Project Foundation's revenue in 2024 was $1,267,667.
Official website here: www.pegasusrides.com
Who are the executives of Pegasus Project Foundation and what are their salaries?
The average compensation at Pegasus Project Foundation during 2024 was $27,463. There are 10 employees and 60 volunteers at Pegasus Project Foundation.
Here are 16 key members and their salaries:
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- Compensation: $73,406
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- Other: $2,202
Official website here: www.pegasusrides.com
Where can I find the form 990 for Pegasus Project Foundation?
Pegasus Project Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pegasusrides.com
Learn more at the official website: www.pegasusrides.com
Mission Statement of Pegasus Project Foundation
The Pegasus Project Foundation is committed to improving the health and well-being of individuals with physical and emotional needs. To achieve this, the organization provides therapeutic riding and equine-related activities as part of its mission. Specifically, it aims to offer high-quality therapeutic riding lessons to both children and adults, either individually or in groups. This unique approach, known as the Pegasus Project Therapeutic Riding Program, is designed to teach riding skills and promote overall improvement in the participants' well-being. By engaging with horses, these individuals can experience a range of benefits, including improved physical strength, increased confidence, and enhanced emotional wellness. The Pegasus Project Foundation's mission is a testament to its dedication to enriching the lives of those in need, using the therapeutic power of horses as its primary tool.
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Impact
July, 2024
The Pegasus Project Foundation impacts individuals with physical and emotional needs by providing therapeutic riding and equine-related activities. Through their program, they teach riding skills to children and adults, offering weekly lessons either individually or in a group setting. By focusing on improving health and well-being through interaction with horses, the foundation's work contributes positively to the lives of those they serve in Yakima, WA.
This information is meant to be a general summary of Pegasus Project 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 2024.
- Investment Income: $45,316
- Program Service Revenue: $38,075
- Gross Receipts: $1,419,304
Assets and Liabilities:
- Total Assets: $2,151,460
- Total Liabilities: $11,554
- Net Assets: $2,139,906
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$38,075
Organization Details
Founding Year
2003
Principal Officer
Jene Pleger
Website
www.pegasusrides.comNTEE Category
Code: P80 - Human services
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