Celebrating 25+ years of helping you give wisely
America's most independent,
assertive charity watchdog

Dreamchaser PMU Horse Rescue & Rehabilitation

CharityWatch report issued
September 2021

F
CharityWatch Grade
Our independent grade based
on a number of factors.
 
27%
Program Percentage
Amount spent on programs
relative to overhead.
 
$71
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Dreamchaser PMU Horse Rescue & Rehabilitation
6340 Kincheloe Drive
Falcon, MO 65470

Other Names

None

Tax Status

501(c)3

Stated Mission

To rescue horses & other farm animals from slaughter, feedlots, abuse, abandonment & neglect for the purpose of rehabilitation & adoption into qualified homes. To educate the public about needless slaughter using sanctuary horses.

View similar charities
Data based on Fiscal Year Ended 12/31/2019

Program Percentage: 27%

The percentage of Dreamchaser PMU Horse Rescue & Rehabilitation's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$1,300,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $71

How many dollars Dreamchaser PMU Horse Rescue & Rehabilitation spends on fundraising to raise each $100 of contributions.

$1,200,000

Calculated Total Contributions

(rounded)

Joint Costs

Dreamchaser PMU Horse Rescue & Rehabilitation's rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.

Program % Cost to Raise $100
60% $37
Accounting rules allow charities to report some telemarketing, direct mail, and other solicitation costs as Program expenses. CharityWatch believes that most donors do not consider a charity's solicitation activities to be the Programs they are intending to support with their donations. We therefore adjust such expenses out of a charity's reported Program expense and add it to Fundraising expense prior to calculating its rating.

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
Dreamchaser PMU Horse Rescue & Rehabilitation Audited Financial Statements 20-5168546
Dreamchaser PMU Horse Rescue & Rehabilitation IRS Form 990 20-5168546
Entity: Dreamchaser PMU Horse Rescue & Rehabilitation
Document Type: Audited Financial Statements
Tax ID: 20-5168546
Entity: Dreamchaser PMU Horse Rescue & Rehabilitation
Document Type: IRS Form 990
Tax ID: 20-5168546

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
Dreamchaser PMU Horse Rescue & Rehabilitation
does not meet governance benchmarks.
 
Dreamchaser PMU Horse Rescue & Rehabilitation
does not meet transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy

Unable to Provide Salaries

CharityWatch is unable to provide a range of Top Three Salaries for this charity for the above fiscal reporting year because we lack complete salary data for the organization. Except for officers, directors, and trustees, the IRS does not require breakouts of salaries totaling less than $100,000.

For example, XYZ charity would be required to provide a breakout in its tax form of compensation to its president of $55,000, but would not be required to provide a breakout of $99,000 in compensation to its top medical researcher if that person is not also an officer, director, or trustee of the organization.

This charity reports that compensation to its officers, directors, and trustees is under $100,000 per individual. Donors who would like to view limited salary data for this organization should refer to its tax form, which may be available on the charity's web site or from a number of third-party sources. See CharityWatch's Links page for information on obtaining copies of charity tax forms.


CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

According to the Dreamchaser PMU Horse Rescue & Rehabilitation 2019 tax filing, in response to the question regarding the existence of a family or business relationship among officers, directors, trustees, or key employees (IRS Form 990, Part VI, line 2), Dreamchaser PMU reports:

"Susan N Thompson is the mother of Jamie Thompson" (IRS Form 990, Schedule O).


Susan N. Thompson is reported as being "President Treasurer CEO Director" and the only officer of Dreamchaser PMU. Jamie Thompson is reported as being a Director. Dreamchaser PMU reports having five voting members on its governing body at the end of 2019, with only two reported as being independent (IRS Form 990, Part VII, Section A & Part VI, Section A, lines 1a & 1b).


Related Articles

No related articles found