Madison Rose Fund for Therapeutic Riding
Nonprofit profile at a glance
- EIN
- 873906661
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- North Caldwell, NJ, USA
- Phone
- 9739949490
- Rating
- 34
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $6,835
- Expenses
- $9,587
- Assets
- $1,726
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- LORI WEISS (PRESIDENT)
- RONALD WEISS (VICE PRESIDENT)
People named in this filing
- LORI WEISS (PRESIDENT)
- RONALD WEISS (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The fund will provide monetary support to programs specifically dedicated to the advancement of child.To honor her memory, and keep her passions alive, our family created a non-profit 501c(3), Madison Rose Fund for Therapeutic Riding. An entrepreneurial, competitive, loyal, passionate and determined young woman she is our inspiration. Maddy knew firsthand the benefits reaped from being involved with horses, as a rider and volunteer.
What it reported doing in 2024
On what would have been Maddy's 31st birthday, we want to take this special day to thank our many supporters who help keep the memory of our daughter alive! Your generosity and care emboldens programs offering equine therapeutic services to those who greatly benefit, such as the beautiful rider featured below, Diana. Diana rides with TRAC (Therapeutic Riding at Centenary University) and is doing phenomenally, pictured here with the equine angel, Aspen! The ribbons for this show were donated by Flying Bee Farms, and the trophies by the Madison Rose Fund. The Fund also supported PATH International at their conference held in September! The Conference features speakers and educators to share their expertise to therapeutic programs who so benefit from this opportunity to learn. Thank you again, for joining us on our crusade to offer as many services as possible to those in need! Stay tuned for more features and happenings! PATH International Centenary University Equine Studies Department Flying Bee Farms HRH New Jerseywww.madisonrosefundnj.com
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -40.3%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.18; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -13.7% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: -45.5% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 15/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.