Renaissance Equine Rescue & Welfare Foundation
- Assets
- $6.5m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Pinehurst, NC
- Founding
- 02/2020
- Data as of
- 12/2021
- EIN
- 84-3872856
Organization Overview
Renaissance Equine Rescue & Welfare Foundation is located in Pinehurst, NC. The organization was established in 2020. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renaissance Equine Rescue & Welfare Foundation 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, Renaissance Equine Rescue & Welfare Foundation generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (21.5%) each year. All expenses for the organization totaled $849.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RESCUE AND REHABILITATION OF ABUSED OR NEGLECTED HORSES AND THEIR EVENTUAL ADOPTION AND RELOCATION. ALSO A SANCTUARY PROGRAM FOR HORSES THAT CANNOT COMPLETE REHABILITATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tiara L Hecht Director And President | 40 | $0 | |
Evan I Hecht Director & Secretary-Treasurer | 25 | $0 | |
Abigail C Rich Director | 1 | $0 | |
Bret D Hecht Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,024,727 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,317 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,788 |
| Total Revenue | $2,033,832 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $264,839 |
| Pension plans, employee benefits | $21,679 |
| Interest | $0 |
| Taxes | $21,972 |
| Depreciation | $128,535 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $397,120 |
| Total operating and administrative expenses | $849,009 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $849,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,430 |
| Savings and temporary cash investments | $1,913,379 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $4,448,793 |
| Other assets | $0 |
| Total assets | $6,547,602 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $5,426 |
| Total liabilities | $5,426 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifeline Animal Project Inc Atlanta, GA | $5,896,275 | $14,518,102 |
Atlanta Humane Society & Society Prevention Of Cruelty To Animals Atlanta, GA | $45,392,577 | $23,205,036 |
Richmond Society For The Prevention Of Cruelty To Animals Richmond, VA | $57,425,937 | $15,802,293 |
Charleston Animal Society North Charleston, SC | $28,152,121 | $9,669,520 |
Anicira Veterinary Center Harrisonburg, VA | $6,192,293 | $8,154,970 |
Young-Williams Animal Center Of East Tennessee Knoxville, TN | $5,944,535 | $6,893,843 |
Pawmettolifeline Inc Columbia, SC | $7,562,707 | $6,187,446 |
Albemarle Society For The Prevention Of Cruelty To Animals Charlottesville, VA | $17,853,969 | $7,966,157 |
Old Friends Senior Dogs Mount Juliet, TN | $27,002,076 | $5,158,675 |
South Carolina Society For The Prevention Of Cruelty To Animals Greenville, SC | $13,019,022 | $6,372,674 |
Asheville Humane Society Inc Asheville, NC | $5,134,448 | $5,816,882 |
Spay Neuter Charlotte Charlotte, NC | $4,163,905 | $5,867,470 |