Mustang and Wild Horse Rescue of Georgia Inc

Nonprofit profile at a glance

EIN
201997543
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2014
Location
Canton, GA, USA
Phone
6785764922
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$80,545
Expenses
$50,075
Assets
$2,155,666
Liabilities
$500,000

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

People named in this filing

  • ELIZABETH MONTGOMERY (EXECUTIVE DI)
  • STEPHANIE CAUSEY (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

Mhwr is committed to providing a safe haven for previously owned mustangs, wild horses and burros that are no longer wanted by their owners or those that have been abandoned, abused and/or neglected by their owners. Mwhr gentles and rehabilitates the horses that that are rescued so they can be successfully re-adopted by new owners. Mwhr is also devoted to raising public awareness of the plight of the wild horses and burros.

What it reported doing in 2024

Mwhr is committed to providing a safe haven for abandoned, abused and/or neglected mustangs, wild horses and burros. The organization provides rehabilitation, medical care and training for all of our animals. This includes feed/hay, veterinary expenses, transportation, farrier expenses and training costs. In addition, the organization incurs expenses associated with pasture and farm upkeep to provide a safe environment for our horses to live until they are adopted into new homes. The organization's goal is to find permanent approved homes for the rescued animals. The organization is staffed by volunteers who provide the day to day care of the animals.

Operating model

Revenue model
Donor-supported. 99% 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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 90
  • Accountability: 41
  • Sustainability: 74
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.9%; rating input score 60
  • Program expense ratio: 95.7%; rating input score 96
  • Fundraising efficiency: $37.14 raised per $1 spent on fundraising; rating input score 78; 78th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 20th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • 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: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 37.8%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 43.05; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -9.6% per year; rating input score 0; 29th percentile among comparable filings
  • Revenue growth: -1% per year; rating input score 0; 56th percentile among comparable filings
  • Asset growth: 47.7% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 59.9% of revenue deployed · 95.7% of spending went to programs
  • Governance: 1 of 2 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $48K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • 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 — Accountability: Independent voting board scored 50/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.