Unbridled Thoroughbred Foundation

Nonprofit profile at a glance

EIN
770664331
IRS 990 coverage
2021–2025
Forms available
Form 990 2025, Form 990-EZ 2020, Form 990-N 2016
Location
Greenville, NY, USA
Phone
5187551813
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Media, Communications Organizations

Official website

Reported finances

Revenue
$950,306
Expenses
$696,896
Assets
$2,139,101
Liabilities
$554,706

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • SUSAN KAYNE (PRESIDENT)
  • SHARI RAYMOND (VICE PRESIDENT)

People named in this filing

  • SUSAN KAYNE (PRESIDENT)
  • ANDREW ELSBREE (BOARD MEMBER)
  • SANFORD GOLDFARB (BOARD MEMBER)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Unbridled thoroughbred foundation, also known as unbridled sanctuary, protects equines from exploitation, suffering, and slaughter through rescue, sanctuary, and community programs. We provide lifelong care to 60 equines, while advancing education in arts, academia, ethics, and literacy to inspire a deeper understanding of equine protection and welfare.

What it reported doing in 2025

Unbridled transforms the lives of equines through direct rescue, rehabilitation, retraining, rehoming, and lifelong sanctuary care. Beyond providing safe haven to 60+ equines, we lead forward-thinking initiatives that merge animal ethics with education in arts, academics, and literacy. Serving regional school districts, we host over 700 students annually at the sanctuary and provide curricula for classroom learning, inspiring compassion and empowering future generations to value equine protection as central to ethical and creative endeavors.

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

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 liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.5%; rating input score 70
  • Program expense ratio: 95.6%; rating input score 96
  • Fundraising efficiency: $44.95 raised per $1 spent on fundraising; rating input score 73; 73rd 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th 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: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 26.7%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 3.07; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 25.6% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 24.7% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 37.5% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 70.5% of revenue deployed · 95.6% of spending went to programs
  • Governance: 10 of 10 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $666K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 5 filing years from 2021 to 2025
  • 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: 2 of 7 not reported.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.