Standardbred Retirement Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
OUR HEARTFELT MISSION IS TO RESCUE HORSES FROM THE THREAT OF SLAUGHTER, SECURE LOVING HOMES WITH THE DISTINCTIVE COMMITMENT TO LIFELONG FOLLOW UP AND GUARDIANSHIP. WE TIRELESSLY PROMOTE A UNIVERSAL UNDERSTANDING THAT HORSES REQUIRE A LIFETIME COMMITMENT OF ENDURING CARE. THROUGH THE PROVISION OF RESOURCES, EDUCATION AND OUTREACH TO COMMUNITIES, INDIVIDUALS AND OTHER PROGRAMS WE MEET THEIR NEEDS AND CONTINUE OUR UNWAVERING PROMISE FOR A BETTER WORLD FOR HORSES AND HUMANS.
- Income
- $2.0 million
- Spending
- $2.1 million
- Spent on programs
- 90%
- Reserves
- 3.6 months of spending
- Largest source of income
- donations and private grants, 77%
- Employees
- 15
- Volunteers
- 60
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 60 out of 100. Higher than 21% of charities in its peer group (civil rights, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 3.6 months of spending.
Debt
16 of 20It owes 19% of what it owns.
Living within its means
4 of 15Spending exceeded income by 6% of income.
Income trend
5 of 15Income fell 16% on the year before.
Spending floor
15 of 1590% of spending went to programs and raising each dollar of donations cost 10 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 37 out of 100. Higher than 3% of charities in its peer group (civil rights, $1m to $10m).
Independent board
5 of 250 of 4 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.9 million spent. THE STANDARDBRED RETIREMENT FOUNDATION (SRF) IS COMMITTED TO RESCUING HORSES FROM SLAUGHTER, COMING TO THE AID OF 600-800 HORSES ANNUALLY. IT PROVIDES REHABILITATIVE AND MEDICAL CARE, AND SERVES AS A SANCTUARY FOR 510 HORSES. ITS ADOPTION PROGRAM IS UNIQUE, PLACING HORSES IN HOMES THAT MEET THEIR INDIVIDUAL NEEDS AND REQUIRING SEMIANNUAL VETERINARY REPORTS TO MONITOR EACH HORSE'S WELL-BEING FOR LIFE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1991.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.