Annual Impact Reports & Territorial Audits

Annual Public Interest Impact Evaluation

Each calendar year, our association commissions an objective social and economic audit evaluating the tangible benefits generated by our non-profit activities in Verneuil d'Avre et d'Iton and the surrounding rural communities of the Eure department. This report measures outcomes across four fundamental criteria: civic access, regional economic support, ecological conservation, and cultural heritage preservation.

Our evaluation framework adheres to the recognized principles of the French National Institute for Statistics and Economic Studies (INSEE) and the Council of Europe's Social Cohesion Indicators. Rather than treating success as financial turnover or gate receipts, we define impact through social connectivity, youth inclusion, environmental preservation, and the sustained vitality of rural craft trades.

Key Performance Indicators (3-Year Audit)

The table below compiles validated metrics from our 2023, 2024, and 2025 certified annual filings submitted to the Prefecture of Eure:

Carbon Footprint & Ecological Habitat Audit

In October 2025, an independent environmental consulting syndicate conducted an on-site biodiversity and greenhouse gas balance assessment across our 42.5 hectares of venue grounds. Key findings included:

• Net Positive Carbon Sequestration: The continuous vegetative cover of our grass racing tracks and surrounding permanent meadows sequesters an estimated 46 metric tons of atmospheric carbon dioxide (CO₂) annually, far exceeding the operational carbon emissions produced by volunteer groundskeeping equipment.
• Fauna & Flora Census: Over 78 species of native flora and 34 bird species were documented nesting within our protected perimeter hedgerows, including the European turtle dove (Streptopelia turtur) and the yellowhammer (Emberiza citrinella), both designated as vulnerable regional species.
• Aquifer Recharging: Because over 98% of our venue surface remains permeable green turf, natural rainwater infiltration recharges the underlying groundwater table at an estimated rate of 310,000 cubic meters annually without runoff pollution.
• Soil Microbiome Quality: Agronomical soil core tests indicated zero residual traces of glyphosate, neonicotinoids, or synthetic organophosphates, affirming seven continuous years of 100% organic mechanical maintenance.

Social Return on Investment (SROI) Analysis & Economic Multiplier

Our social utility is not measured in financial profits or private yields. Instead, our audit utilizes the recognized Social Return on Investment (SROI) methodology to quantify the civic value delivered to our rural community for every public euro invested.

For the 2025 fiscal year, the independent audit concluded an SROI ratio of 3.85 to 1. This indicates that for every €1.00 received in municipal or departmental subsidies, Société des Courses Hippiques generates €3.85 in documented public value through free outdoor recreation, youth education, local artisan employment, and rural tourism stimulus.

The SROI breakdown demonstrates that:

• €1.42 represents direct health and wellness value generated by providing safe, expansive outdoor physical leisure space for families, school pupils, and seniors.
• €1.18 represents economic benefits captured by independent family shops, bakeries, small hotels, and fuel stations in Verneuil d'Avre et d'Iton due to visiting attendees.
• €0.75 represents direct vocational and educational value accrued through free youth agricultural and veterinary clinics.
• €0.50 represents ecological capital preserved through carbon sequestration, groundwater recharge, and hedgerow biodiversity conservation.

Regional Economic Multiplier Effect in Southwestern Eure

An extensive economic survey conducted across downtown merchants in Verneuil d'Avre et d'Iton during fixture weekends reveals significant localized benefits:

• Hospitality & Traditional Catering: Local restaurants, creperies, and bakeries report an average 28% increase in weekend retail revenue during scheduled race fixtures, driven by visiting families, breeders, and officials.
• Forage & Agricultural Commerce: By purchasing over 45 metric tons of organic meadow hay and certified straw exclusively from family-run farms located in the surrounding canton of Verneuil, our association maintains vital local agricultural liquidity.
• Equine Service Providers: Local farriers, equine dentists, saddlers, and feed distributors experience steady, predictable demand, supporting rural vocational employment in southwestern Eure.

Equine Welfare & Track Safety Annual Audit

Our association maintains an uncompromising standard of equine health and course safety. During the 2025 season, certified veterinary inspectors carried out comprehensive clinical examinations on every competing horse:

"All membership fees and dues are fully reinvested in the association's public interest missions."

Prefectural Submission & Multi-Year Audit Governance

In accordance with Decree no. 2001-495 relating to the financial transparency of subsidized organizations, all balance sheets, revenue accounts, and performance records are systematically transmitted to the Departmental Directorate of Public Finances (DDFiP) of the Eure and the Municipal Council of Verneuil d'Avre et d'Iton.

Our financial controllers perform periodic physical asset inventories, cross-referencing all equipment purchases—ranging from tractor attachments and grass aerators to crowd control barriers—against depreciation schedules and public subvention allocations. This prevents any ambiguity regarding asset ownership, ensuring all equipment remains dedicated solely to public utility activities.

Furthermore, our association participates in the Regional Observatory of Non-Profit Life (Observatoire Régional de la Vie Associative en Normandie), contributing open data on volunteer hours, rural sporting participation, and community resilience. By making our administrative methodologies available to fellow non-profit organizations across France, we advocate for ethical, disinterested governance as a cornerstone of sustainable rural development.

"All membership fees and dues are fully reinvested in the association's public interest missions."

Download Certified Institutional Reports

In accordance with French open access conventions for subsidized associations, all detailed full-length audit files are available for free public download below: