Hope Equine Rescue
Legal name: Hope Equine Rescue Inc
Nonprofit profile at a glance
- EIN
- 262647977
- IRS 990 coverage
- 2019–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-EZ 2018, Form 990-N 2012
- Location
- Winter Haven, FL, US
- Phone
- 863-287-7503
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Animal Protection and Welfare
Reported finances
- Revenue
- $409,865
- Expenses
- $248,519
- Assets
- $866,088
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- DANETTE HORTON (PRESIDENT)
People named in this filing
- DANETTE HORTON (PRESIDENT)
- WAYNE ELKINS (VP)
- LISA RICE (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Giving Hope to the Hopeless
What it reported doing in 2024
General program-we take in horse from neglect, abuse and abandonment, most of our horses come from law enforcement after they been romoved. We rescue, rehabilitate and rehome. We took in 26 horse and adopted out10 horse.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 78
- Accountability: 24
- Sustainability: 80
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 46.3%; rating input score 46
- Program expense ratio: 76.4%; rating input score 76
- Fundraising efficiency: $28.7 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings
Transparency & Controls
- Consistency checks: 81.8%; rating input score 82; 1st percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 39.4%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 3.48; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 8.4% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 12.2% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 26.3% per year; rating input score 100; 90th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 46.3% of revenue deployed · 76.4% of spending went to programs
- Governance: 0 of 3 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $190K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 16 of 18 current checks pass · 2 findings to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
- High — Accountability: Independent voting board scored 0/100.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.