Polo Pony Rescue Inc
Nonprofit profile at a glance
- EIN
- 462132936
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022
- Location
- Littlerock, CA, USA
- Phone
- 6612583399
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Animal Protection and Welfare
Reported finances
- Revenue
- $257,639
- Expenses
- $237,340
- Assets
- $68,091
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Cathleen R Trope (President)
- Melanie Davis (Vice President/Treasurer)
People named in this filing
- Cathleen R Trope (President)
- Lisa Lessa (Secretary)
- Melanie Davis (Vice President/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
Rescue and rehabilitate former polo ponies at risk due to age, soundness or the financial situation of their owners. We adopt out those horses who can still do a job and provide lifetime sanctuary for those who must be fully retired. We also take in some behaviorally challenged horses who have found it difficult to find any other organization willing to handle them.
What it reported doing in 2024
Sanctuary and rehabilitation care of horses who are either permanent residents due to age/disability including horse boarding, feed, farrier and veterinary care and humane euthanasia when deemed necessary by a veterinarian. During 2023, the average number of horses in our care at any given time was 32.
Operating model
- Revenue model
- Donor-supported. 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 85
- Accountability: 69
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.1%; rating input score 92
- Program expense ratio: 99.4%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th 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: 66.7%; rating input score 67; 18th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- 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: 7.9%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 15; 15th 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: 6.4% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 14.1% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 29% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 92.1% of revenue deployed · 99.4% of spending went to programs
- Governance: 2 of 3 board members independent · 5 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $209K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 40 of 41 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 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.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- Review — Sustainability: Operating margin scored 56/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.