Spirits Promise Equine Rescue Corp

Organization Overview

Spirits Promise Equine Rescue Corp is located in Riverhead, NY. The organization was established in 2012. According to its NTEE Classification (D60) the organization is classified as: Animal Services N.E.C., under the broad grouping of Animal-Related and related organizations. As of 12/2021, Spirits Promise Equine Rescue Corp employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spirits Promise Equine Rescue Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Spirits Promise Equine Rescue Corp generated $661.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $627.5k during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SPIRITS PROMISE EQUINE RESCUE CORP IS AN ORGANIZATION THAT EXISTS TO RESCUE HORSES AND OTHER ANIMALS FROM POOR LIVING CONDITIONS, SLAUGHTER HOUSES AND FROM PEOPLE WHO CAN NO LONGER CARE FOR THEIR ANIMALS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE THE REQUIRED NEEDS OF RESCUED HORSES. FACILITY MAINTENANCE AND HORSE RESCUE ARE THE MAIN EXPENSES.


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Board, Officers & Key Employees

Name (title)Compensation
Jessie Siegel
Executive Director
$46,540
Sherry Turpin
Secretary
$18,720
Marisa Striano
Board President
$1,600
Wendy Harris
Treasurer
$0
Jil Gans
Board Member
$0
Dwayne Eleazer
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$613,278
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$613,278
Total Program Service Revenue$29,838
Investment income $5
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $18,013
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $661,134

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Spirits Promise Equine Rescue Corp has recieved totaling $526,669.

Awarding OrganizationAmount
Peter & Caroline Striano Foundation Inc

new york, NY

PURPOSE: OPERATING FUNDS FOR TAX EXEMPT ORGANIZATION

$505,000
Paypal Charitable Giving Fund

Washington, DC

PURPOSE: General Support

$20,419
John A Rodger Jr Foundation Inc

East Meadow, NY

PURPOSE: AID DONEE ORGANIZATION TO CARRY OUT FUNCTIONS

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$200
Pfizer Foundation Inc

New York, NY

PURPOSE: MATCHING GIFTS

$50
View Grant Recipient Profile

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