Civic Intelligence

Horizon Initiative

990 • Fiscal year 2013 • EIN 20-1072627

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 09, 2014

Organization ProfileWWW.HORIZONINITIATIVE.ORG
415 North Prince Street No 20117603

(717) 390-9950

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

1.39x

Higher debt load relative to assets than 96% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

69th percentile

0.16x

Higher debt load relative to revenue than 69% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

60th percentile

7.3%

Higher net margin than 60% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

91st percentile

$109,772

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 17.4% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

97th percentile

177%

Faster asset growth than 97% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

80th percentile

33%

Faster revenue growth than 80% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2010 to 2013

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$74,198

Up $47,397 (+177%) from 2012

Net Assets

Up

-$28,987

Up $46,151 (+61%) from 2012

Liabilities

Up

$103,185

Up $1,246 (+1.2%) from 2012

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin60th percentile

Revenue

$631,578

No earlier filing loaded for comparison.

Expenses

Up

$585,427

Up $26,088 (+4.7%) from 2012

Net Income

$46,151

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0-$5.0MAssets 2010: $3,461Liabilities 2010: $4,124Net Assets 2010: -$6632010Assets 2011: $20,274Liabilities 2011: $154,595Net Assets 2011: -$134,3212011Assets 2012: $26,801Liabilities 2012: $101,939Net Assets 2012: -$75,1382012Assets 2013: $74,198Liabilities 2013: $103,185Net Assets 2013: -$28,9872013Assets 2014: $39,411Liabilities 2014: $95,000Net Assets 2014: -$55,5892014Assets 2015: $146,214Liabilities 2015: $104,296Net Assets 2015: $41,9182015Assets 2016: $341,467Liabilities 2016: $100,799Net Assets 2016: $240,6682016Assets 2017: $251,527Liabilities 2017: $0Net Assets 2017: $251,5272017Assets 2018: $247,388Liabilities 2018: $34,205Net Assets 2018: $213,1832018Assets 2019: $2,621,433Liabilities 2019: $514,207Net Assets 2019: $2,107,2262019Assets 2020: $9,564,690Liabilities 2020: $1,138,984Net Assets 2020: $8,425,7062020Assets 2021: $10,180,972Liabilities 2021: $1,898,171Net Assets 2021: $8,282,8012021Assets 2022: $8,973,939Liabilities 2022: $2,107,382Net Assets 2022: $6,866,5572022Assets 2023: $1,834,423Liabilities 2023: $2,369,609Net Assets 2023: -$535,1862023

Highlighted filing

2013

Assets$74,198
Liabilities$103,185
Net Assets-$28,987
Open 2013 Filing

Operations Trend

Revenue Growth80th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0M-$10MRevenue 2010: $270,804Expenses 2010: $297,390Net Income 2010: -$26,5862010Expenses 2011: $790,0282011Expenses 2012: $559,3392012Revenue 2013: $631,578Expenses 2013: $585,427Net Income 2013: $46,1512013Revenue 2014: $597,487Expenses 2014: $624,089Net Income 2014: -$26,6022014Revenue 2015: $793,700Expenses 2015: $696,193Net Income 2015: $97,5072015Revenue 2016: $1,025,875Expenses 2016: $827,125Net Income 2016: $198,7502016Revenue 2017: $970,491Expenses 2017: $959,632Net Income 2017: $10,8592017Revenue 2018: $1,250,717Expenses 2018: $1,289,061Net Income 2018: -$38,3442018Revenue 2019: $3,918,586Expenses 2019: $2,024,543Net Income 2019: $1,894,0432019Revenue 2020: $8,984,669Expenses 2020: $2,666,189Net Income 2020: $6,318,4802020Revenue 2021: $2,705,275Expenses 2021: $2,851,158Net Income 2021: -$145,8832021Revenue 2022: $1,952,997Expenses 2022: $3,371,476Net Income 2022: -$1,418,4792022Revenue 2023: $3,155,768Expenses 2023: $10,561,697Net Income 2023: -$7,405,9292023

Highlighted filing

2013

Revenue$631,578
Expenses$585,427
Net Income$46,151
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 9, 2014
Return Version
2013v3.0
Gross Receipts
$669,119
Mission and Program Overview

Mission

Utilize venture capitalist resources to empower the poor to self sustainability through anti-poverty programs and services.

To provide resources to empower the poor to self sustainability through micro communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$9,319$53,329▲ $44,010
Cash and Non-Interest-Bearing Accounts$8,436$14,845▲ $6,409
Land, Buildings, and Equipment, Net$9,046$6,024▼ $3,022
Total Assets$26,801$74,198▲ $47,397
Liabilities
Mortgage Notes Payable Secured by Investment Property$100,000$99,245▼ $755
Accounts Payable and Accrued Expenses$1,939$3,940▲ $2,001
Total Liabilities$101,939$103,185▲ $1,246
Net Assets / Fund Balance
Temporarily Rstr Net Assets$66,907$25,634▼ $41,273
Unrestricted Net Assets$-142,045$-54,621▲ $87,424
Total Net Assets Fund Balance$-75,138$-28,987▲ $46,151
Total Liabilities and Net Assets / Fund Balance$26,801$74,198▲ $47,397

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,024$10,428$16,452
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jeffrey KahlerChief Financial OfficerFT$109,772$109,772

Board Members and Trustees

NameTitle
Daryl HellerBoard Chairman
James PesceBoard Member
Matt BurkholderBoard Member
Rick HallerBoard Member
Steve PeroffBoard Member
Gene StriteSecretary
Jerry WeaverTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$564,402
Program Service Revenue
$0
Investment Income
$74
Other Revenue
$67,102
All Other Contributions
$389,550
Change in Net Assets
$46,151

Audited Revenue Reconciliation

Revenue per Audited Statements
$631,578
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$37,541
Total Revenue per Audited Statements
$669,119
Total Revenue per Form 990
$631,578
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$242,595
Salaries, Compensation, and Employee Benefits$223,173
Other Expenses$119,659
Total Fundraising Expense$53,117
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$242,595--$242,595
Other Salaries and Wages$23,399$143,984$33,462$200,845
Occupancy-$41,839-$41,839
Payroll Taxes$1,791$11,019$2,561$15,371
Travel$14,398--$14,398
Advertising--$13,935$13,935
Fees for Services Accounting-$12,795-$12,795
Conferences and Meetings$2,893$6,402$187$9,482
Office Expenses-$6,255$1,813$8,068
Insurance-$7,784-$7,784
Other Employee Benefits$811$4,987$1,159$6,957
Interest-$3,993-$3,993
Depreciation Depletion-$3,021-$3,021
Other Expenses$953$890-$890
Fees for Services Legal-$550-$550
Total Functional Expenses$286,840$245,470$53,117$585,427

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$622,968
Expenses per Audited Statements$585,427
Total Expenses per Form 990$585,427
Expenses Not Reported on Form 990$37,541
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
1
Employees
1
Spending
$286,840

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-saharan AfricaProgram Services and Grants to Organizations in KenyaOrphanage and Micro Community Support11$286,840
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$37,541
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$105,451-$10,562-
Event 1$69,401-$6,250-
Total Events$174,852-$37,541$-37,541
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The following board members have ownership in horizon energy, llc: daryl heller, board chair: 50% jerry weaver, treasurer: 25% jeffrey kahler, employee: 25% the following board members and employee have ownership in horizon wealth generation, llc: jeffrey kahler, employee: 12% ronald myer, advisory board member: 12% eugene strite, secretary: 20% daryl heller, board chair: 40% larry kreider, advisory board member:8%”

Form 990, Part VI, Section B, Line 11

“The board of directors has elected that the board treasurer is to review the 990 on behalf of the board and sign the 990 upon satisfactory review.”

Form 990, Part VI, Section B, Line 15

“Compensation of horizon initiative's chief financial officer is determined by the board of directors using a formal performance review process and their understanding of compensation at comparable organizations.”

Form 990, Part VI, Section C, Line 19

“All governing documents, policies and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

EIN
20-1072627
Phone
7173909950

Signing Officer

Name
Daryl Heller
Title
Chairman
Phone
7173909950
Signed
2014-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daryl Heller
Formed
2003
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
3
Volunteers
12

Preparer

Preparer
Brad Reigner CPA
Phone
7172395180
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization has no tax positions that must be considered for disclosure under financial accounting standards board(fasb) accounting standard codification(asc) 740-10, accounting for uncertainty in income taxes. The standard prescribes the minimum recognition threshold a tax position must meet in connection with accounting for uncertainties in income tax positions taken by an entity before being measured and recognized in the financial statements. Management of the organization believes it has no material uncertain tax positions and, accordingly, it will not recognize any liability for unrecognized tax benefits. If applicable, the organization will recognize accrued interest related to unrecognized tax benefits in interest expense and penalties in other expenses.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expenses 37,541.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expenses 37,541.”

Raw XML AppendixShowing 400 of 460 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0535887
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0109309
IRS990/PYInvestmentIncomeAmt08
IRS990/PYOtherExpensesAmt0228695
IRS990/PYOtherRevenueAmt082627
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt059183
IRS990/PYSalariesCompEmpBnftPaidAmt0221335
IRS990/PYTotalExpensesAmt0559339
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0618522
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt046151
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09319
IRS990/SavingsAndTempCashInvstGrp/EOYAmt053329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0564402
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0400244
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0323157
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0284107
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0228863
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01800773
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt017841
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015416
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt016227
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt049492
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.45560
IRS990ScheduleA/PublicSupportPY170Pct00.43490
IRS990ScheduleA/PublicSupportTotal170Amt0845310
IRS990ScheduleA/SubstantialContributorsTotAmt0955463
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0564402
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0400244
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0323157
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0284107
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0228863
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01800773
IRS990ScheduleA/TotalSupportAmt01855486
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt03379
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt01842
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt05221
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt06024
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010428
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016452
IRS990ScheduleD/ExpensesNotReportedAmt037541
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0585427
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt037541
IRS990ScheduleD/OtherRevenueAmt037541
IRS990ScheduleD/RevenueNotReportedAmt037541
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0631578
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO TAX POSITIONS THAT MUST BE CONSIDERED FOR DISCLOSURE UNDER FINANCIAL ACCOUNTING STANDARDS BOARD(FASB) ACCOUNTING STANDARD CODIFICATION(ASC) 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES THE MINIMUM RECOGNITION THRESHOLD A TAX POSITION MUST MEET IN CONNECTION WITH ACCOUNTING FOR UNCERTAINTIES IN INCOME TAX POSITIONS TAKEN BY AN ENTITY BEFORE BEING MEASURED AND RECOGNIZED IN THE FINANCIAL STATEMENTS. MANAGEMENT OF THE ORGANIZATION BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. IF APPLICABLE, THE ORGANIZATION WILL RECOGNIZE ACCRUED INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OTHER EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EXPENSES 37,541.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT FUNDRAISING EXPENSES 37,541.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06024
IRS990ScheduleD/TotalExpensesPerForm990Amt0585427
IRS990ScheduleD/TotalRevenuePerForm990Amt0631578
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0669119
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0622968
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0286840
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0ORPHANAGE AND MICRO COMMUNITY SUPPORT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES AND GRANTS TO ORGANIZATIONS IN KENYA
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0242595
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0CARE AND SCHOOLING FOR ORPHANS AND GENERAL UPKEEP OF ORPHANAGE & RELATED MICRO COMMUNITY
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0286840
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0REPRESENTATIVES OF HORIZON INITIATIVE REGULARLY VISIT THE ORPHANAGE AND MICRO DEVELOPMENT COMMUNITY THE ORGANIZATION IS FUNDING.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalOtherOrgCnt00
IRS990ScheduleF/TotalSpentAmt0286840
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0174852
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt069401
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0105451
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt037541
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01225
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01225
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt069401
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0105451
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0174852
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0TRIATHLON SPONSORSHIPS
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0GOLF MARATHON SPONSORSHIPS
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-37541
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt016812
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06250
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt010562
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt019504
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt019504
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOLLOWING BOARD MEMBERS HAVE OWNERSHIP IN HORIZON ENERGY, LLC: DARYL HELLER, BOARD CHAIR: 50% JERRY WEAVER, TREASURER: 25% JEFFREY KAHLER, EMPLOYEE: 25% THE FOLLOWING BOARD MEMBERS AND EMPLOYEE HAVE OWNERSHIP IN HORIZON WEALTH GENERATION, LLC: JEFFREY KAHLER, EMPLOYEE: 12% RONALD MYER, ADVISORY BOARD MEMBER: 12% EUGENE STRITE, SECRETARY: 20% DARYL HELLER, BOARD CHAIR: 40% LARRY KREIDER, ADVISORY BOARD MEMBER:8%
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS HAS ELECTED THAT THE BOARD TREASURER IS TO REVIEW THE 990 ON BEHALF OF THE BOARD AND SIGN THE 990 UPON SATISFACTORY REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION OF HORIZON INITIATIVE'S CHIEF FINANCIAL OFFICER IS DETERMINED BY THE BOARD OF DIRECTORS USING A FORMAL PERFORMANCE REVIEW PROCESS AND THEIR UNDERSTANDING OF COMPENSATION AT COMPARABLE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt066907
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt025634
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt026801
IRS990/TotalAssetsEOYAmt074198
IRS990/TotalAssetsGrp/BOYAmt026801
IRS990/TotalAssetsGrp/EOYAmt074198
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0564402
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt053117
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0245470
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0286840
IRS990/TotalFunctionalExpensesGrp/TotalAmt0585427
IRS990/TotalGrossUBIAmt086876

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$74,198
Liabilities
$103,185
Net assets
-$28,987
Revenue
$631,578
Expenses
$585,427
Net income
$46,151
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.83$2.37$0.54$3.16$10.6$7.41
2022Detailed filing. Detailed filing data is available for this year.$8.97$2.11$6.87$1.95$3.37$1.42
2021Detailed filing. Detailed filing data is available for this year.$10.2$1.90$8.28$2.71$2.85$0.15
2020Detailed filing. Detailed filing data is available for this year.$9.56$1.14$8.43$8.98$2.67$6.32
2019Detailed filing. Detailed filing data is available for this year.$2.62$0.51$2.11$3.92$2.02$1.89
2018Detailed filing. Detailed filing data is available for this year.$0.25$0.03$0.21$1.25$1.29$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.97$0.96$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.34$0.10$0.24$1.03$0.83$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.10$0.04$0.79$0.70$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.04$0.10$0.06$0.60$0.62$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.07$0.10$0.03$0.63$0.59$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.10$0.08$0.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.15$0.13$0.79
2010Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.27$0.30$0.03