SADDLEBRED RESCUE INC

EIN: 204675891 501(c)(3) Animal-Related

HARDWICK, NJ

Total Revenue
$748,746
Total Expenses
$691,578
Total Assets
$154,582
Net Assets
$-2,693
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
GA
Principal Officer
MARK MCCRACKEN
Phone
9086056032
Tax Period
2023-01-01 to 2023-12-31

SADDLEBRED RESCUE INC, founded in 2006, is a small nonprofit in the Animal-Related sector that reported $749K in total revenue in fiscal year 2023. Expenses of $692K left a modest 8% surplus.

Mission

SADDLEBRED RESCUE, INC. (SBR) IS A 501 (C) (3) ORGANIZATION WHICH EXISTS TO SAVE UNWANTED HORSES FROM SLAUGHTER AND RETURN THEM TO USEFUL, PRODUCTIVE LIVES, AND TO EDUCATE THE PUBLIC ON CONCERNS FACING THE SADDLE SEAT BREEDS. SBR IS UNIQUE AS MANY OF OUR VOLUNTEERS ARE PROFESSIONAL HORSEMEN.

Program Service Accomplishments

Program 1
Expenses: $661,185 Revenue: $17,210

HORSE RESCUE, REHAB AND ADOPTION - SBR WORKS WITH ABOUT 100 HORSES EACH YEAR. SINCE 2006, WE HAVE TAKEN IN AND HELPED ABOUT 2,500 HORSES WITH THE VAST MAJORITY ADOPTED OUT TO APPROVED NEW HOMES...

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HORSE RESCUE, REHAB AND ADOPTION - SBR WORKS WITH ABOUT 100 HORSES EACH YEAR. SINCE 2006, WE HAVE TAKEN IN AND HELPED ABOUT 2,500 HORSES WITH THE VAST MAJORITY ADOPTED OUT TO APPROVED NEW HOMES ACROSS THE COUNTRY. MOST OF THE HORSES WE HELP, WE PURCHASE FROM AUCTIONS WHERE THE HORSES WERE BEING FACED WITH SLAUGHTER AS THEIR ONLY OPTION. OVER OUR HISTORY, WE HAVE A VERY GOOD TRACK RECORD TO REHAB THE HORSES BACK TO HEALTH AND PLACE THEM SUCCESSFULLY VIA ADOPTION. WE GIVE THESE HORSES OUR PLEDGE THAT IF EVER THEIR NEW FAMILY CAN NO LONGER CARE FOR THEM, FOR ANY REASON, THEY MUST BE RETURNED TO OUR REHAB FACILITY. EACH YEAR WE HAVE RETURNED TO US 10-20 HORSES, WHICH IS A SMALL PERCENTAGE OF PLACED HORSES, BUT THIS PLEDGE DOES ADD COST TO OUR OPERATIONS AS WE HAVE TO BOARD AND RE-EVALUATE EACH ONE FOR REPLACEMENT IF POSSIBLE. WE BELIEVE THE ADDED COST IS WELL WORTH IT. ALL OF THE HORSES WE HELP ARE HOUSED AT ONE LOCATION, THE REHAB FACILITY IN NEW JERSEY. WE DO NOT FOSTER OUT HORSES WHICH COULD REDUCE COSTS AS WE DO THINK THAT IS IN THE HORSE'S BEST INTEREST. MOST FOSTER STRUCTURES FOR RESCUES THAT GO THAT DIRECTION OFTEN DO NOT WORK LONG TERM. OUR STAFF AND VOLUNTEERS TAKE THE FULL AND CONSISTENT CARE OF ALL THE HORSES THAT COME THROUGH OUR PROGRAM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $706,354
Program Service Revenue $17,210
Investment Income $0
Other Revenue $25,182
TOTAL REVENUE $748,746

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,982
Fundraising Expenses $0
Program Expenses $661,185
Other Expenses $664,596
TOTAL EXPENSES $691,578

Year-over-Year Comparison

2023 2022 Change
Revenue $748,746 $762,212 0.0%
Expenses $691,578 $751,850 -0.1%
Net Income $57,168 $10,362 +4.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$44,782
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON ELLINGWOOD DIRECTOR 1.00
Director
$0 $0 $0
CHERI VAILLANCOUR DIRECTOR 1.00
Director
$0 $0 $0
DR OWEN WEAVER DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN STEWART DIRECTOR 10.00
Director
$0 $0 $0
LAURA SCOTT DIRECTOR 10.00
Director
$0 $0 $0
MARK MCCRACKEN PRESIDENT 10.00
Officer
$0 $0 $0
NEALIA MCCRACKEN VICE PRESIDENT 30.00
Officer
$44,782 $0 $44,782
JOAN BOOTH SECRETARY 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $748,746 $691,578 $154,582 $57,168
2022 $762,212 $751,850 $150,301 $10,362
2021 $529,897 $687,912 $139,854 $-158,015
2020 $526,930 $471,613 $288,692 $55,317
2019 $352,039 $413,377 $77,475 $-61,338
2018 $344,039 $625,228 $108,813 $-281,189
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