Civic Intelligence

Horizon Science Academy-Cincinnati

990 • Fiscal year 2024 • EIN 20-1850035

Jul 01, 2023 to Jun 30, 2024 • Filed on May 06, 2025

Organization ProfileWWW.HORIZONCINCY.ORG
1055 Laidlaw AveCincinnati, OH 45237

(513) 242-0099

Siviq Scores

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

Liabilities / Assets

97th percentile

1.43x

Higher debt load relative to assets than 97% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

1.29x

Higher debt load relative to revenue than 90% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

16th percentile

-17%

Higher net margin than 16% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

57th percentile

$79,000

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

58th percentile

7.3%

Faster asset growth than 58% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-8.6%

Faster revenue growth than 23% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$3,367,561

Up $229,418 (+7.3%) from 2023

Net Assets

Down

-$1,445,335

Down $621,960 (-76%) from 2023

Liabilities

Up

$4,812,896

Up $851,378 (+21%) from 2023

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin16th percentile

Revenue

Down

$3,742,395

Down $353,663 (-8.6%) from 2023

Expenses

Up

$4,364,355

Up $711,924 (+19%) from 2023

Net Income

Down

-$621,960

Down $1,065,587 (-240%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$10M$5.0M$0-$5.0MAssets 2011: $385,051Liabilities 2011: $346,028Net Assets 2011: $39,0232011Assets 2012: $285,002Liabilities 2012: $299,454Net Assets 2012: -$14,4522012Assets 2013: $499,908Liabilities 2013: $339,597Net Assets 2013: $160,3112013Assets 2014: $906,799Liabilities 2014: $774,095Net Assets 2014: $132,7042014Assets 2015: $689,814Liabilities 2015: $5,315,843Net Assets 2015: -$4,626,0292015Assets 2016: $812,245Liabilities 2016: $5,420,364Net Assets 2016: -$4,608,1192016Assets 2017: $1,141,548Liabilities 2017: $5,650,379Net Assets 2017: -$4,508,8302017Assets 2018: $1,350,008Liabilities 2018: $4,866,676Net Assets 2018: -$3,516,6682018Assets 2019: $1,164,829Liabilities 2019: $4,063,280Net Assets 2019: -$2,898,4512019Assets 2020: $1,153,721Liabilities 2020: $3,748,778Net Assets 2020: -$2,595,0572020Assets 2021: $1,639,274Liabilities 2021: $3,276,863Net Assets 2021: -$1,637,5892021Assets 2022: $2,931,209Liabilities 2022: $4,198,211Net Assets 2022: -$1,267,0022022Assets 2023: $3,138,143Liabilities 2023: $3,961,518Net Assets 2023: -$823,3752023Assets 2024: $3,367,561Liabilities 2024: $4,812,896Net Assets 2024: -$1,445,3352024

Highlighted filing

2024

Assets$3,367,561
Liabilities$4,812,896
Net Assets-$1,445,335
Open 2024 Filing

Operations Trend

Revenue Growth23rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,056,952Expenses 2011: $3,077,521Net Income 2011: -$20,5692011Expenses 2012: $3,388,3482012Revenue 2013: $4,090,142Expenses 2013: $3,915,379Net Income 2013: $174,7632013Revenue 2014: $4,329,866Expenses 2014: $4,357,472Net Income 2014: -$27,6062014Revenue 2015: $4,180,349Expenses 2015: $4,033,119Net Income 2015: $147,2302015Revenue 2016: $3,638,776Expenses 2016: $3,620,866Net Income 2016: $17,9102016Revenue 2017: $3,516,743Expenses 2017: $3,417,455Net Income 2017: $99,2882017Revenue 2018: $3,276,127Expenses 2018: $1,503,740Net Income 2018: $1,772,3872018Revenue 2019: $2,634,134Expenses 2019: $2,015,917Net Income 2019: $618,2172019Revenue 2020: $2,453,713Expenses 2020: $2,150,319Net Income 2020: $303,3942020Revenue 2021: $3,088,726Expenses 2021: $2,131,258Net Income 2021: $957,4682021Revenue 2022: $2,867,437Expenses 2022: $2,496,850Net Income 2022: $370,5872022Revenue 2023: $4,096,058Expenses 2023: $3,652,431Net Income 2023: $443,6272023Revenue 2024: $3,742,395Expenses 2024: $4,364,355Net Income 2024: -$621,9602024

Highlighted filing

2024

Revenue$3,742,395
Expenses$4,364,355
Net Income-$621,960
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 6, 2025
Return Version
2023v6.0
Gross Receipts
$3,742,395
Mission and Program Overview

Mission

The mission of horizon science academy-cincinnati is to foster and environment of inquiry and a love of learning so students are prepared to thrive in a stem-focused high school, college and the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$952,832$1,796,941▲ $844,109
Prepaid Expenses and Deferred Charges$1,027,085$1,410,231▲ $383,146
Cash and Non-Interest-Bearing Accounts$669,843$95,416▼ $574,427
Pledges and Grants Receivable$488,383$64,973▼ $423,410
Total Assets$3,138,143$3,367,561▲ $229,418
Liabilities
Other Liabilities$2,745,775$2,506,946▼ $238,829
Unsecured Notes Loans Payable-$1,300,000-
Deferred Revenue$753,791$534,311▼ $219,480
Accounts Payable and Accrued Expenses$447,059$457,270▲ $10,211
Grants Payable$14,893$14,369▼ $524
Total Liabilities$3,961,518$4,812,896▲ $851,378
Net Assets / Fund Balance
Net Assets With Donor Restrictions$11,670$193,219▲ $181,549
Net Assets Without Donor Restrictions$-835,045$-1,638,554▼ $803,509
Total Net Assets Fund Balance$-823,375$-1,445,335▼ $621,960
Total Liabilities and Net Assets / Fund Balance$3,138,143$3,367,561▲ $229,418

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,633,413$3,392$1,636,805
Equipment$76,704$64,669$141,373
Leasehold Improvements$86,824$43,995$130,819
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Abdurrahman AkkurekSchool PrincFT$79,000$79,000

Board Members and Trustees

NameTitle
Dr Savas KayaPresident
David DitmarsBoard Member
Dr Aysegul KingBoard Member
Dr Zekeriya KaratasBoard Member
Yunus SahinkayaBoard Member
Ahmet ErdalTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,684,749
Program Service Revenue
$19,695
Investment Income
$37,951
Other Revenue
$0
Change in Net Assets
$-621,960

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,742,395
Total Revenue per Audited Statements
$3,742,395
Total Revenue per Form 990
$3,742,395
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,290,511
Other Expenses$2,073,844
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,824,101--$1,824,101
Depreciation Depletion$469,074--$469,074
Fees for Services Management-$370,233-$370,233
Occupancy$218,920--$218,920
Pension Plan Contributions$196,994--$196,994
Other Employee Benefits$160,471--$160,471
All Other Expenses$88,359--$88,359
Current Officers, Directors, Trustees, and Key Employees$79,000--$79,000
Other Expenses$48,715--$48,715
Travel$37,100--$37,100
Advertising$34,214--$34,214
Payroll Taxes$29,945--$29,945
Interest$29,010--$29,010
Insurance$17,118--$17,118
Fees for Services Legal$15,739--$15,739
Office Expenses$15,008--$15,008
Fees for Services Accounting$11,464--$11,464
Total Functional Expenses$3,994,122$370,233$0$4,364,355

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,364,355
Total Expenses per Audited Statements$4,364,355
Total Expenses per Form 990$4,364,355
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$2,411,347
Net Opeb Liability$77,246
Payroll Liability - Strs$18,353
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The school is in contract with concept schools, inc., an illinois based not-for-profit organization to provide instructional, administrative, and finanncial management. The school's superintendent and treasurer are appointed by concept schools, inc. Concept schools, inc. Also provide a wide range of services such as budgeting and financial oversight, school mangement database, curriculum alignment, professional development and evaluation services for teachers, etc. In return for those services, the school transfers 10% of its total revenues to the managment company. Finanical reports are presented to the school board for approval at the bi-monthly meetings. All employment and major business decisions are subject to the school board's approval.”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is prepared by a cpa firm. The 990 is reviewed by the treasurer before presenting to the school board. The school board reviews and approves the form 990 at the bi-monthly board meeting.”

Form 990, Page 6, Part VI, Line 12C

“The conflict of interest policy is part of the school's by-laws. The school board consistently reviews and discusses any issues that might be in conflict with the policy at the board meetings. All operations of the school is also monitored by the school's sponsor and annually audited by the auditor of state.”

Form 990, Page 6, Part VI, Line 15A

“All employment decisions and compensation are discussed and approved by the school board at it's meetings.”

Form 990, Page 6, Part VI, Line 15B

“All employment decisions and compensation are discussed and approved by the school board at it's meetings.”

Form 990, Page 6, Part VI, Line 19

“All governing documents are made public to anyone upon request. The school's annual audit report is published on the auditor of state website at http://www.auditor.state.oh.us.”

Filing and Contact Details

Filer

Filer Name
Horizon Science Academy-cincinnati
EIN
20-1850035
Phone
5132420099
Address
1055 LAIDLAW AVE, CINCINNATI, OH 45237

Signing Officer

Name
Ahmet Erdal
Title
Treasurer
Phone
5132420099
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Abdurrahman Akkurek
Formed
2004
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
42

Preparer

Firm
Bhm CPA Group Inc
Address
1 E CAMPUS VIEW BLVD STE 300, COLUMBUS, OH 43235
Preparer
Ryan C Hixenbaugh CPA
Phone
6143895775
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Instructional services to students in k through 8 grades.”

Raw XML Appendix390 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0447059
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0457270
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF HORIZON SCIENCE ACADEMY-CINCINNATI IS TO FOSTER AND ENVIRONMENT OF INQUIRY AND A LOVE OF LEARNING SO STUDENTS ARE PREPARED TO THRIVE IN A STEM-FOCUSED HIGH SCHOOL, COLLEGE AND THE WORLD.
IRS990/AdvertisingGrp/ProgramServicesAmt034214
IRS990/AdvertisingGrp/TotalAmt034214
IRS990/AllOtherExpensesGrp/ProgramServicesAmt088359
IRS990/AllOtherExpensesGrp/TotalAmt088359
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0AHMET ERDAL
IRS990/BooksInCareOfDetail/PhoneNum05132420099
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01336 BASSWOOD RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0SCHWAUMBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060173
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0669843
IRS990/CashNonInterestBearingGrp/EOYAmt095416
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt079000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt079000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03684749
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt037951
IRS990/CYOtherExpensesAmt02073844
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt019695
IRS990/CYRevenuesLessExpensesAmt0-621960
IRS990/CYSalariesCompEmpBnftPaidAmt02290511
IRS990/CYTotalExpensesAmt04364355
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03742395
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0753791
IRS990/DeferredRevenueGrp/EOYAmt0534311
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0469074
IRS990/DepreciationDepletionGrp/TotalAmt0469074
IRS990/Desc0INSTRUCTIONAL SERVICES TO STUDENTS IN K THROUGH 8 GRADES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt011670
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0193219
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt042
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03994122
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt011464
IRS990/FeesForServicesAccountingGrp/TotalAmt011464
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt015739
IRS990/FeesForServicesLegalGrp/TotalAmt015739
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0370233
IRS990/FeesForServicesManagementGrp/TotalAmt0370233
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt08.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0ABDURRAHMAN AKKUREK
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID DITMARS
IRS990/Form990PartVIISectionAGrp/PersonNm2AHMET ERDAL
IRS990/Form990PartVIISectionAGrp/PersonNm3DR ZEKERIYA KARATAS
IRS990/Form990PartVIISectionAGrp/PersonNm4DR SAVAS KAYA
IRS990/Form990PartVIISectionAGrp/PersonNm5DR AYSEGUL KING
IRS990/Form990PartVIISectionAGrp/PersonNm6YUNUS SAHINKAYA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt079000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0SCHOOL PRINC
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt037951
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt03684749
IRS990/GrantsPayableGrp/BOYAmt014893
IRS990/GrantsPayableGrp/EOYAmt014369
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt037951
IRS990/GrossReceiptsAmt03742395
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt017118
IRS990/InsuranceGrp/TotalAmt017118
IRS990/InterestGrp/ProgramServicesAmt029010
IRS990/InterestGrp/TotalAmt029010
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0112056
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0952832
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01796941
IRS990/LandBldgEquipCostOrOtherBssAmt01908997
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF HORIZON SCIENCE ACADEMY-CINCINNATI IS TO FOSTER AND ENVIRONMENT OF INQUIRY AND A LOVE OF LEARNING SO STUDENTS ARE PREPARED TO THRIVE IN A STEM-FOCUSED HIGH SCHOOL, COLLEGE AND THE WORLD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-823375
IRS990/NetAssetsOrFundBalancesEOYAmt0-1445335
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt037951
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt037951
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-835045
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1638554
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0218920
IRS990/OccupancyGrp/TotalAmt0218920
IRS990/OfficeExpensesGrp/ProgramServicesAmt015008
IRS990/OfficeExpensesGrp/TotalAmt015008
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0160471
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0160471
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL SVCS
IRS990/OtherExpensesGrp/Desc1SCHOOL FOOD SVCS
IRS990/OtherExpensesGrp/Desc2SPONSOR FEE TO SCHOOL AUT
IRS990/OtherExpensesGrp/Desc3OTHER PURCHASED SVCS EXTR
IRS990/OtherExpensesGrp/ProgramServicesAmt0484159
IRS990/OtherExpensesGrp/ProgramServicesAmt1170576
IRS990/OtherExpensesGrp/ProgramServicesAmt264155
IRS990/OtherExpensesGrp/ProgramServicesAmt348715
IRS990/OtherExpensesGrp/TotalAmt0484159
IRS990/OtherExpensesGrp/TotalAmt1170576
IRS990/OtherExpensesGrp/TotalAmt264155
IRS990/OtherExpensesGrp/TotalAmt348715
IRS990/OtherLiabilitiesGrp/BOYAmt02745775
IRS990/OtherLiabilitiesGrp/EOYAmt02506946
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01824101
IRS990/OtherSalariesAndWagesGrp/TotalAmt01824101
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt029945
IRS990/PayrollTaxesGrp/TotalAmt029945
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0196994
IRS990/PensionPlanContributionsGrp/TotalAmt0196994
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0488383
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt064973
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01027085
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01410231
IRS990/PrincipalOfficerNm0ABDURRAHMAN AKKUREK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019695
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019695
IRS990/ProgSrvcAccomActyOtherGrp/Desc0INSTRUCTIONAL SERVICES TO STUDENTS IN K THROUGH 8 GRADES.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04085529
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt01884177
IRS990/PYProgramServiceRevenueAmt010529
IRS990/PYRevenuesLessExpensesAmt0443627
IRS990/PYSalariesCompEmpBnftPaidAmt01768254
IRS990/PYTotalExpensesAmt03652431
IRS990/PYTotalRevenueAmt04096058
IRS990/ReconcilationRevenueExpnssAmt0-621960
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01633413
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03392
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01636805
IRS990ScheduleD/EquipmentGrp/BookValueAmt076704
IRS990ScheduleD/EquipmentGrp/DepreciationAmt064669
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0141373
IRS990ScheduleD/ExpensesSubtotalAmt04364355
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt086824
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt043995
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0130819
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02411347
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt177246
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt218353
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET OPEB LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL LIABILITY - STRS
IRS990ScheduleD/RevenueSubtotalAmt03742395
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01796941
IRS990ScheduleD/TotalExpensesPerForm990Amt04364355
IRS990ScheduleD/TotalLiabilityAmt02506946
IRS990ScheduleD/TotalRevenuePerForm990Amt03742395
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03742395
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04364355
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE BOARD HAS A WRITTEN NONDISCRIMINATORY POLICY, IT IS PUBLISHED AND DISTRIBUTED.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL PARTICIPATES IN THE STATE FOUNDATION PROGRAM, SPECIAL EDUCATION PROGRAM, AND FEDERAL CCIP PROGRAM.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INSTRUCTIONAL SERVICES TO STUDENTS IN K THROUGH 8 GRADES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL IS IN CONTRACT WITH CONCEPT SCHOOLS, INC., AN ILLINOIS BASED NOT-FOR-PROFIT ORGANIZATION TO PROVIDE INSTRUCTIONAL, ADMINISTRATIVE, AND FINANNCIAL MANAGEMENT. THE SCHOOL'S SUPERINTENDENT AND TREASURER ARE APPOINTED BY CONCEPT SCHOOLS, INC. CONCEPT SCHOOLS, INC. ALSO PROVIDE A WIDE RANGE OF SERVICES SUCH AS BUDGETING AND FINANCIAL OVERSIGHT, SCHOOL MANGEMENT DATABASE, CURRICULUM ALIGNMENT, PROFESSIONAL DEVELOPMENT AND EVALUATION SERVICES FOR TEACHERS, ETC. IN RETURN FOR THOSE SERVICES, THE SCHOOL TRANSFERS 10% OF ITS TOTAL REVENUES TO THE MANAGMENT COMPANY. FINANICAL REPORTS ARE PRESENTED TO THE SCHOOL BOARD FOR APPROVAL AT THE BI-MONTHLY MEETINGS. ALL EMPLOYMENT AND MAJOR BUSINESS DECISIONS ARE SUBJECT TO THE SCHOOL BOARD'S APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PREPARED BY A CPA FIRM. THE 990 IS REVIEWED BY THE TREASURER BEFORE PRESENTING TO THE SCHOOL BOARD. THE SCHOOL BOARD REVIEWS AND APPROVES THE FORM 990 AT THE BI-MONTHLY BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS PART OF THE SCHOOL'S BY-LAWS. THE SCHOOL BOARD CONSISTENTLY REVIEWS AND DISCUSSES ANY ISSUES THAT MIGHT BE IN CONFLICT WITH THE POLICY AT THE BOARD MEETINGS. ALL OPERATIONS OF THE SCHOOL IS ALSO MONITORED BY THE SCHOOL'S SPONSOR AND ANNUALLY AUDITED BY THE AUDITOR OF STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL EMPLOYMENT DECISIONS AND COMPENSATION ARE DISCUSSED AND APPROVED BY THE SCHOOL BOARD AT IT'S MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL EMPLOYMENT DECISIONS AND COMPENSATION ARE DISCUSSED AND APPROVED BY THE SCHOOL BOARD AT IT'S MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL GOVERNING DOCUMENTS ARE MADE PUBLIC TO ANYONE UPON REQUEST. THE SCHOOL'S ANNUAL AUDIT REPORT IS PUBLISHED ON THE AUDITOR OF STATE WEBSITE AT HTTP://WWW.AUDITOR.STATE.OH.US.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03138143
IRS990/TotalAssetsEOYAmt03367561
IRS990/TotalAssetsGrp/BOYAmt03138143
IRS990/TotalAssetsGrp/EOYAmt03367561
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03684749
IRS990/TotalEmployeeCnt042
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0370233
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03994122
IRS990/TotalFunctionalExpensesGrp/TotalAmt04364355
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03961518
IRS990/TotalLiabilitiesEOYAmt04812896
IRS990/TotalLiabilitiesGrp/BOYAmt03961518
IRS990/TotalLiabilitiesGrp/EOYAmt04812896
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-823375
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1445335
IRS990/TotalProgramServiceExpensesAmt03994122
IRS990/TotalProgramServiceRevenueAmt019695
IRS990/TotalReportableCompFromOrgAmt079000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt057646
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03742395
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03138143
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03367561
IRS990/TravelGrp/ProgramServicesAmt037100
IRS990/TravelGrp/TotalAmt037100
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01300000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01055 LUDLOW AVE
IRS990/USAddress/CityNm0CINCINNATI
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd045237
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.HORIZONCINCY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AHMET ERDAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05132420099
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HORIZON SCIENCE ACADEMY-CINCINNATI
ReturnHeader/Filer/BusinessNameControlTxt0HORI
ReturnHeader/Filer/EIN0201850035
ReturnHeader/Filer/PhoneNum05132420099
ReturnHeader/Filer/USAddress/AddressLine1Txt01055 LAIDLAW AVE
ReturnHeader/Filer/USAddress/CityNm0CINCINNATI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045237
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311413363
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BHM CPA GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 E CAMPUS VIEW BLVD STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043235
ReturnHeader/PreparerPersonGrp/PhoneNum06143895775
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RYAN C HIXENBAUGH CPA
ReturnHeader/ReturnTs02025-05-12T15:47:26-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,367,561
Liabilities
$4,812,896
Net assets
-$1,445,335
Revenue
$3,742,395
Expenses
$4,364,355
Net income
-$621,960
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.37$4.81$1.45$3.74$4.36$0.62
2023Detailed filing. Detailed filing data is available for this year.$3.14$3.96$0.82$4.10$3.65$0.44
2022Detailed filing. Detailed filing data is available for this year.$2.93$4.20$1.27$2.87$2.50$0.37
2021Detailed filing. Detailed filing data is available for this year.$1.64$3.28$1.64$3.09$2.13$0.96
2020Detailed filing. Detailed filing data is available for this year.$1.15$3.75$2.60$2.45$2.15$0.30
2019Detailed filing. Detailed filing data is available for this year.$1.16$4.06$2.90$2.63$2.02$0.62
2018Detailed filing. Detailed filing data is available for this year.$1.35$4.87$3.52$3.28$1.50$1.77
2017Summary only. Only limited summary data is available for this year.$1.14$5.65$4.51$3.52$3.42$0.10
2016Summary only. Only limited summary data is available for this year.$0.81$5.42$4.61$3.64$3.62$0.02
2015Summary only. Only limited summary data is available for this year.$0.69$5.32$4.63$4.18$4.03$0.15
2014Summary only. Only limited summary data is available for this year.$0.91$0.77$0.13$4.33$4.36$0.03
2013Summary only. Only limited summary data is available for this year.$0.50$0.34$0.16$4.09$3.92$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.30$0.01$3.39
2011Summary only. Only limited summary data is available for this year.$0.39$0.35$0.04$3.06$3.08$0.02