Karuna Horse Rescue Inc
Nonprofit profile at a glance
- EIN
- 821485919
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2018
- Location
- Tucson, AZ, USA
- Phone
- 5202433267
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Animal Protection and Welfare
Reported finances
- Revenue
- $261,665
- Expenses
- $154,283
- Assets
- $274,369
- Liabilities
- $88,636
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- Paul Kartzer (Director)
- Candice Kratzer (Director)
- Carrie Foote (Treasurer)
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
Karuna Horse Rescue rescues horses from cruelty, abandonment, and neglect, most pulled from kill pens bound for slaughter. Our rehabilitation philosophy is horse-centered and nurtures the Horse Within to return to return the animal to a natural state of Liberty and Well-Being. We provide forever sanctuary for the Karuna herd, and the rescued horse become partners in our mission of rehabilitation and sanctuary. They are our primary teachers in what Horses at Liberty means for human beings. Karuna works in the greater community with sanctuaries, animal advocates, forever families and local businesses who share our core belief that horses deserve a compassionate, natural environment and a life with dignity.
What it reported doing in 2024
During 2024, Karuna rescued one horse from neglect. This horse, plus the 21 additional received extensive medical care and rehabilitation, both physical and emotional. The organization accomplishes its mission through the all-volunteer effort of the board of directors and thirty community members. Karuna continues to care for an additional four horses through sponsorship and expense reimbursement at a permanent horse sanctuary in Northern California, where the rescued animals continue in rehabilitation.
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. 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: 72
- Transparency & Controls: 86
- Accountability: 31
- Sustainability: 68
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55%; rating input score 55
- Program expense ratio: 91.9%; rating input score 92
- Fundraising efficiency: $5,245.48 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 22nd 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: 33.3%; rating input score 33; 15th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 41%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 1.78; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 17.7% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 36.2% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 55% of revenue deployed · 91.9% of spending went to programs
- Governance: 1 of 3 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $142K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- Moderate — Accountability: Independent voting board scored 33/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.