Safe Haven Thoroughbred Rescue Inc
Nonprofit profile at a glance
- EIN
- 853612982
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Perkasie, PA, USA
- Phone
- 8778295500
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Animal-Related N.E.C.
Reported finances
- Revenue
- $44,230
- Expenses
- $32,950
- Assets
- $10,316
- Liabilities
- $1,477
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- KATE GOLDENBERG (President)
People named in this filing
- KATE GOLDENBERG (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 organizations primary mission is to provide horses with a second chance at a career or given a sanctuary where they can thrive in a safe environment.horses are rehabilitated, ridden and evaluated for a second career.
What it reported doing in 2024
Horses have been adopted and given a second home/career
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 82
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.5%; rating input score 74
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 25.5%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 0.31; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 28.8% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 49.3% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 146.6% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 74.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $33K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 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.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.