Civic Intelligence

Horizon Educational Services of Columbus Inc

EIN 31-1657839 • 501(c)3 • Columbus, OH

Profile

The mission o fhorizon science academy columbus high school is to prepare students to succeed in college and the world by offering high-quality, college-prep, stem education.

Refreshing map…

1070 Morse RoadColumbus, OH 43229

www.horizoncolumbus.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.90x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

1.34x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

17th percentile

-11%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

27th percentile

$122,000

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

74th percentile

13%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

39th percentile

2.4%

Faster revenue growth than 39% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$15,942,848

Up $6,146,236 (+63%) from 2022

Liabilities

Up

$14,402,642

Up $5,573,405 (+63%) from 2022

Net Assets

Up

$1,540,206

Up $572,831 (+59%) from 2022

Revenue

Up

$10,785,853

Up $2,727,179 (+34%) from 2022

Expenses

Up

$11,964,520

Up $5,007,704 (+72%) from 2022

Net Income

Down

-$1,178,667

Down $2,280,525 (-207%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0-$5.0MAssets 2012: $325,146Liabilities 2012: $212,689Net Assets 2012: $112,4572012Assets 2018: $6,375,956Liabilities 2018: $9,089,917Net Assets 2018: -$2,713,9612018Assets 2019: $6,501,360Liabilities 2019: $8,393,776Net Assets 2019: -$1,892,4162019Assets 2020: $7,303,106Liabilities 2020: $8,441,215Net Assets 2020: -$1,138,1092020Assets 2021: $8,271,035Liabilities 2021: $8,405,518Net Assets 2021: -$134,4832021Assets 2022: $9,796,612Liabilities 2022: $8,829,237Net Assets 2022: $967,3752022Assets 2024: $15,942,848Liabilities 2024: $14,402,642Net Assets 2024: $1,540,2062024

Highlighted filing

2024

Assets$15,942,848
Liabilities$14,402,642
Net Assets$1,540,206

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2012: $3,435,9672012Revenue 2018: $4,835,851Expenses 2018: $2,617,991Net Income 2018: $2,217,8602018Revenue 2019: $5,175,237Expenses 2019: $4,353,692Net Income 2019: $821,5452019Revenue 2020: $6,763,926Expenses 2020: $6,009,619Net Income 2020: $754,3072020Revenue 2021: $7,486,400Expenses 2021: $6,482,775Net Income 2021: $1,003,6252021Revenue 2022: $8,058,674Expenses 2022: $6,956,816Net Income 2022: $1,101,8582022Revenue 2024: $10,785,853Expenses 2024: $11,964,520Net Income 2024: -$1,178,6672024

Highlighted filing

2024

Revenue$10,785,853
Expenses$11,964,520
Net Income-$1,178,667

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 6, 2025
Return Version
2023v6.0
Gross Receipts
$10,785,853
Mission and Program Overview

Mission

The mission o fhorizon science academy columbus high school is to prepare students to succeed in college and the world by offering high-quality, college-prep, stem education.

Horizon science academy columbus high school is a public charter school that is serving grades 9 through 12 for children in columbus, ohio. The school is a college preparatory school focusing on math, science, and technology education. The school enrolled 605 students in 2023-2024 school year.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,347,765$10,797,401▲ $2,449,636
Prepaid Expenses and Deferred Charges$2,893,072$3,400,921▲ $507,849
Pledges and Grants Receivable$1,841,056$1,079,149▼ $761,907
Cash and Non-Interest-Bearing Accounts$904,041$584,255▼ $319,786
Accounts Receivable$68,989$81,122▲ $12,133
Total Assets$14,054,923$15,942,848▲ $1,887,925
Liabilities
Other Liabilities$5,637,100$6,479,428▲ $842,328
Unsecured Notes Loans Payable$2,672,969$5,128,746▲ $2,455,777
Accounts Payable and Accrued Expenses$1,809,605$1,762,157▼ $47,448
Deferred Revenue$1,202,995$962,974▼ $240,021
Grants Payable$13,381$69,337▲ $55,956
Total Liabilities$11,336,050$14,402,642▲ $3,066,592
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,574,639$1,005,189▼ $1,569,450
Net Assets With Donor Restrictions$144,234$535,017▲ $390,783
Total Net Assets Fund Balance$2,718,873$1,540,206▼ $1,178,667
Total Liabilities and Net Assets / Fund Balance$14,054,923$15,942,848▲ $1,887,925

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,078,193$857,583-
Land$447,700--
Equipment$1,124,583$836,405-
Leasehold Improvements$146,925$77,667-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ugur ZenginceSchool PrincFT$122,000$122,000

Board Members and Trustees

NameTitle
Michael PrattPresident
David W DitmarsBoard Member
Isa KuyuldarBoard Member
Nancy CalvaryBoard Member
Sumaya Yusuf MohamadBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$10,668,951
Program Service Revenue
$116,442
Investment Income
$460
Other Revenue
$0
All Other Contributions
$895
Change in Net Assets
$-1,178,667

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,785,853
Total Revenue per Audited Statements
$10,785,853
Total Revenue per Form 990
$10,785,853
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,297,470
Other Expenses$4,667,050
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,412,240--$5,412,240
Fees for Services Management-$1,078,585-$1,078,585
Pension Plan Contributions$902,563--$902,563
Other Employee Benefits$768,924--$768,924
Depreciation Depletion$626,653--$626,653
Occupancy$540,910--$540,910
Interest$406,315--$406,315
All Other Expenses$313,468--$313,468
Other Expenses$231,293$199,200-$199,200
Current Officers, Directors, Trustees, and Key Employees$122,000--$122,000
Payroll Taxes$91,743--$91,743
Travel$74,897--$74,897
Advertising$71,344--$71,344
Fees for Services Legal$65,845--$65,845
Office Expenses$42,194--$42,194
Insurance$34,215--$34,215
Fees for Services Accounting$11,074--$11,074
Information Technology$2,396--$2,396
Total Functional Expenses$10,686,735$1,277,785$0$11,964,520

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,964,520
Total Expenses per Audited Statements$11,964,520
Total Expenses per Form 990$11,964,520
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$6,348,794
Net Opeb Liability$130,634
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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 non-profit organization to provide instructional, administrative and financial management. The school's superintendent and treasurer are appointed and compensated by concept schools, inc. Concept schools also provide a wide range of services such as: budgeting and financial oversight, school management 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 management company. Financial reports are presented to the school board for approval at bi-montly board meetings. All employment and major business decisions are also subject to the school board's approval.

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

The 990 is prepared by our cpa and the treasurer reviews it. The treasurer provides a copy to board members for review at the board meeting prior to filing.

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 in the board meetings. All operations of the school are 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 board at the board meetings. This is documented in the board minutes.

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

All employment decisions and compensation are discussed and approved by the board at the board meetings. This is documented in the board minutes.

Form 990, Page 6, Part VI, Line 19

All governing doucments and conflict of interest policy are made available upon request. The annual audit is published on the auditor of state's web site at http:/www.ohioauditor.gov.

Filing and Contact Details

Filer

Filer Name
Horizon Educational Services of
EIN
31-1657839
Phone
6148467616
Address
1070 MORSE ROAD, COLUMBUS, OH 43229

Signing Officer

Name
Ahmet Erdal
Title
Treasurer
Phone
6148467616
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ugur Zengince
Formed
1999
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
117

Preparer

Firm
Bhm CPA Group Inc
Address
1 E CAMPUS VIEW BLVD STE 300, COLUMBUS, OH 43235
Preparer
Ryan C Hixenbaugh CPA
Phone
6143895775
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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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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0HORIZON EDUCATION SERVICES OF COLUMBUS, INC. IS A CHARTER SCHOOL FUNDED BY THE STATE OF OHIO. THE NONDISCRIMINATORY POLICY IS A PART OF THE SCHOOL'S CHARTER. IT IS PUBLICIZED IN SCHOOL BROCHURES, FLYERS, ENROLLMENT FORMS, STUDENT AND EMPLOYEE HANDBOOKS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1RECEIVES STATE AND FEDERAL GRANTS TO SUPPORT INSTRUCTION TO STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS IN CONTRACT WITH CONCEPT SCHOOLS, INC. AN ILLINOIS BASED NON-PROFIT ORGANIZATION TO PROVIDE INSTRUCTIONAL, ADMINISTRATIVE AND FINANCIAL MANAGEMENT. THE SCHOOL'S SUPERINTENDENT AND TREASURER ARE APPOINTED AND COMPENSATED BY CONCEPT SCHOOLS, INC. CONCEPT SCHOOLS ALSO PROVIDE A WIDE RANGE OF SERVICES SUCH AS: BUDGETING AND FINANCIAL OVERSIGHT, SCHOOL MANAGEMENT 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 MANAGEMENT COMPANY. FINANCIAL REPORTS ARE PRESENTED TO THE SCHOOL BOARD FOR APPROVAL AT BI-MONTLY BOARD MEETINGS. ALL EMPLOYMENT AND MAJOR BUSINESS DECISIONS ARE ALSO SUBJECT TO THE SCHOOL BOARD'S APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS PREPARED BY OUR CPA AND THE TREASURER REVIEWS IT. THE TREASURER PROVIDES A COPY TO BOARD MEMBERS FOR REVIEW AT THE BOARD MEETING PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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 IN THE BOARD MEETINGS. ALL OPERATIONS OF THE SCHOOL ARE MONITORED BY THE SCHOOL'S SPONSOR AND ANNUALLY AUDITED BY THE AUDITOR OF STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL EMPLOYMENT DECISIONS AND COMPENSATION ARE DISCUSSED AND APPROVED BY THE BOARD AT THE BOARD MEETINGS. THIS IS DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL EMPLOYMENT DECISIONS AND COMPENSATION ARE DISCUSSED AND APPROVED BY THE BOARD AT THE BOARD MEETINGS. THIS IS DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL GOVERNING DOUCMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. THE ANNUAL AUDIT IS PUBLISHED ON THE AUDITOR OF STATE'S WEB SITE AT HTTP:/WWW.OHIOAUDITOR.GOV.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HORIZON EDUCATIONAL SERVICES OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COLUMBUSINC
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BHM CPA GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 E CAMPUS VIEW BLVD STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBUS
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ReturnHeader/PreparerPersonGrp/PhoneNum06143895775
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RYAN C HIXENBAUGH CPA
ReturnHeader/ReturnTs02025-05-12T14:59:31-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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