Civic Intelligence

Horizon Educational Services Inc.

990 • Fiscal year 2021 • EIN 34-1869716

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 24, 2022

Organization Profilewww.horizoncleveland.org
6000 S Marginal RdCleveland, OH 44103

(216) 432-3660

Siviq Scores

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

Liabilities / Assets

97th percentile

1.41x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

82nd percentile

0.94x

Higher debt load relative to revenue than 82% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

76th percentile

33%

Higher net margin than 76% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

41st percentile

$100,325

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

91st percentile

57%

Faster asset growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

32%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$3,824,900

Up $1,392,486 (+57%) from 2020

Net Assets

Up

-$1,569,805

Up $1,873,076 (+54%) from 2020

Liabilities

Down

$5,394,705

Down $480,590 (-8.2%) from 2020

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin76th percentile

Revenue

Up

$5,758,626

Up $1,383,167 (+32%) from 2020

Expenses

Down

$3,885,550

Down $543,371 (-12%) from 2020

Net Income

Up

$1,873,076

Up $1,926,538 (+3604%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$10M$5.0M$0-$5.0MAssets 2019: $2,105,060Liabilities 2019: $5,494,479Net Assets 2019: -$3,389,4192019Assets 2020: $2,432,414Liabilities 2020: $5,875,295Net Assets 2020: -$3,442,8812020Assets 2021: $3,824,900Liabilities 2021: $5,394,705Net Assets 2021: -$1,569,8052021Assets 2022: $5,561,712Liabilities 2022: $5,483,100Net Assets 2022: $78,6122022Assets 2023: $7,625,452Liabilities 2023: $5,477,626Net Assets 2023: $2,147,8262023Assets 2024: $7,640,917Liabilities 2024: $5,001,288Net Assets 2024: $2,639,6292024

Highlighted filing

2021

Assets$3,824,900
Liabilities$5,394,705
Net Assets-$1,569,805
Open 2021 Filing

Operations Trend

Revenue Growth70th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $4,592,372Expenses 2019: $4,185,176Net Income 2019: $407,1962019Revenue 2020: $4,375,459Expenses 2020: $4,428,921Net Income 2020: -$53,4622020Revenue 2021: $5,758,626Expenses 2021: $3,885,550Net Income 2021: $1,873,0762021Revenue 2022: $6,035,148Expenses 2022: $4,386,731Net Income 2022: $1,648,4172022Revenue 2023: $7,018,028Expenses 2023: $4,948,814Net Income 2023: $2,069,2142023Revenue 2024: $5,121,726Expenses 2024: $4,629,923Net Income 2024: $491,8032024

Highlighted filing

2021

Revenue$5,758,626
Expenses$3,885,550
Net Income$1,873,076
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 24, 2022
Return Version
2020v4.2
Gross Receipts
$5,758,626
Mission and Program Overview

Mission

Horizon Science Academy Cleveland High School is a public charter school that serving grades 9-12 for children in Cleveland, OH. The school is a college prep school focusing on math, science and technology education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,049,740$1,426,725▲ $376,985
Prepaid Expenses and Deferred Charges$1,189,554$1,179,281▼ $10,273
Pledges and Grants Receivable$24,348$963,067▲ $938,719
Land, Buildings, and Equipment, Net$168,772$255,827▲ $87,055
Total Assets$2,432,414$3,824,900▲ $1,392,486
Liabilities
Other Liabilities$4,202,864$4,177,447▼ $25,417
Deferred Revenue$792,931$872,979▲ $80,048
Unsecured Notes Loans Payable$528,300--
Accounts Payable and Accrued Expenses$333,229$336,543▲ $3,314
Mortgage Notes Payable Secured by Investment Property$17,971$7,736▼ $10,235
Total Liabilities$5,875,295$5,394,705▼ $480,590
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,442,881$-1,569,805▲ $1,873,076
Total Net Assets Fund Balance$-3,442,881$-1,569,805▲ $1,873,076
Total Liabilities and Net Assets / Fund Balance$2,432,414$3,824,900▲ $1,392,486

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$255,827$222,026$477,853
Leasehold Improvements-$83,641$83,641
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Abdullah KayretliSchool PrincipalFT$100,325$100,325

Board Members and Trustees

NameTitle
Robert HassanBoard President
-Board Member
Donald MalloyBoard Member
Marie BonillaBoard Member
Mehmet MalcokBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$5,630,321
Program Service Revenue
$128,305
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$1,873,076

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,758,626
Total Revenue per Audited Statements
$5,758,626
Total Revenue per Form 990
$5,758,626
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,208,602
Other Expenses$1,676,948
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,716,440--$1,716,440
Fees for Services Management$689,356--$689,356
Occupancy$670,416--$670,416
Other Employee Benefits$316,356--$316,356
Depreciation Depletion$120,669--$120,669
Current Officers, Directors, Trustees, and Key Employees-$100,325-$100,325
All Other Expenses$77,221--$77,221
Pension Plan Contributions$75,481--$75,481
Other Expenses$69,441--$69,441
Fees for Services Other$25,360--$25,360
Advertising$17,538--$17,538
Travel-$1,803-$1,803
Total Functional Expenses$3,783,422$102,128$0$3,885,550

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,885,550
Total Expenses per Audited Statements$3,885,550
Total Expenses per Form 990$3,885,550
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
Federal income taxes$4,177,447
Pension Liabilities-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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, Part VI, Section A, Line 13

“The School is in contract with Concept Schools Inc., an Illinois based not-for-profit organization to provide instructional, administrative and financial management. The Schools Superintendent and Treasurer are appointed and compensated by Concept Schools. Concept Schools also provide a wide range of services such as budgeting and financial oversight, School Management Database, quarterly OAT/OGT Practice tests, curriculum alignment, professional development and valuation services for teachers, etc. In return of those services, the School transfers 10 of its total revenue to the management company. Financial Reports are presented to the School Board for approval in Board Meetings. All employment and major business decisions are also subject to the School Boards approval.Form 990, Part VI, Section B, Line 11b Form 990 is prepared by the Independent CPA, reviewed by School Treasurer and a copy is provided to the Board Members for review in the Board Meeting.”

Form 990, Part VI, Section B, Line 12C

“The Conflict of Interest Policy is part of the Schools 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 is also monitored by the Schools Sponsor and annually audited by the Auditors of State.”

Form 990, Part VI, Section B, Line 15

“All employment decisions and compensations are discussed and approved in the Board Meetings.”

Form 990, Part VI, Section C, Line 19

“The Schools Annual Audit Report is published on the Auditors of States web site at http//www.ohioauditor.gov. All governing documents and the Schools Conflict of Interest Policy is available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Horizon Educational Services Inc
EIN
34-1869716
Phone
2164323660
Address
6000 S Marginal Rd, Cleveland, OH 44103
Doing Business As
Horizon Science Academy Cleveland High School

Signing Officer

Name
Ramazan Celep
Title
Treasurer
Signed
2022-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mehmet Gurbuz
Formed
1998
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
46

Preparer

Firm
Gueye & Associates CPA Inc
Address
2246 S HAMILTON RD SUITE 102, COLUMBUS, OH 43232
Preparer
Alioune Gueye
Phone
6143420297
Supplemental Narrative

Additional Explanations

Form 990, Part X, Line 25

“This is the amount of Net Pension Liability calculated according to GASB Statement No. 68 and 75.”

Raw XML Appendix382 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0333229
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0336543
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Horizon Science Academy Cleveland High School is a public charter school that serving grades 9-12 for children in Cleveland, OH. The school is a college prep school focusing on math, science and technology education.
IRS990/AdvertisingGrp/ProgramServicesAmt017538
IRS990/AdvertisingGrp/TotalAmt017538
IRS990/AllOtherExpensesGrp/ProgramServicesAmt077221
IRS990/AllOtherExpensesGrp/TotalAmt077221
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Ramazan Celep Concept School
IRS990/BooksInCareOfDetail/PhoneNum02164323660
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01336 Basswood Rd
IRS990/BooksInCareOfDetail/USAddress/CityNm0Schaumburg
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060173
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01049740
IRS990/CashNonInterestBearingGrp/EOYAmt01426725
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0100325
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0100325
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05630321
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01676948
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0128305
IRS990/CYRevenuesLessExpensesAmt01873076
IRS990/CYSalariesCompEmpBnftPaidAmt02208602
IRS990/CYTotalExpensesAmt03885550
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05758626
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0792931
IRS990/DeferredRevenueGrp/EOYAmt0872979
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0120669
IRS990/DepreciationDepletionGrp/TotalAmt0120669
IRS990/Desc0Instructional services to students 9 through 12 grades
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0Horizon Science Academy Cleveland High School
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt046
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt03783422
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0689356
IRS990/FeesForServicesManagementGrp/TotalAmt0689356
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt025360
IRS990/FeesForServicesOtherGrp/TotalAmt025360
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5001.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0MEHMET GURBUZ
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0ABDULLAH KAYRETLI
IRS990/Form990PartVIISectionAGrp/PersonNm1MEHMET MALCOK
IRS990/Form990PartVIISectionAGrp/PersonNm2MARIE BONILLA
IRS990/Form990PartVIISectionAGrp/PersonNm3DONALD MALLOY
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBERT HASSAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0100325
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0School Principal
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05758626
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0305667
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0168772
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0255827
IRS990/LandBldgEquipCostOrOtherBssAmt0561494
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Horizon Science Academy Cleveland High School is a public charter school that serving grades 9-12 for children in Cleveland, OH. The school is a college prep school focusing on math, science and technology education.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt017971
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt07736
IRS990/NetAssetsOrFundBalancesBOYAmt0-3442881
IRS990/NetAssetsOrFundBalancesEOYAmt0-1569805
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-3442881
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1569805
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0670416
IRS990/OccupancyGrp/TotalAmt0670416
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0316356
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0316356
IRS990/OtherExpensesGrp/Desc0Contract Food Service
IRS990/OtherExpensesGrp/Desc1Material and Supplies
IRS990/OtherExpensesGrp/ProgramServicesAmt05144
IRS990/OtherExpensesGrp/ProgramServicesAmt169441
IRS990/OtherExpensesGrp/TotalAmt05144
IRS990/OtherExpensesGrp/TotalAmt169441
IRS990/OtherLiabilitiesGrp/BOYAmt04202864
IRS990/OtherLiabilitiesGrp/EOYAmt04177447
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01716440
IRS990/OtherSalariesAndWagesGrp/TotalAmt01716440
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt075481
IRS990/PensionPlanContributionsGrp/TotalAmt075481
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt024348
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0963067
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01189554
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01179281
IRS990/PrincipalOfficerNm0Mehmet Gurbuz
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Food Services
IRS990/ProgramServiceRevenueGrp/Desc1Classroom Fees
IRS990/ProgramServiceRevenueGrp/Desc2Extracurricular Activities
IRS990/ProgramServiceRevenueGrp/Desc3Other Revenues
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0382
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1175
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2228
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3127520
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0382
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1175
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2228
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3127520
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04018680
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01802225
IRS990/PYProgramServiceRevenueAmt0356779
IRS990/PYRevenuesLessExpensesAmt0-53462
IRS990/PYSalariesCompEmpBnftPaidAmt02626696
IRS990/PYTotalExpensesAmt04428921
IRS990/PYTotalRevenueAmt04375459
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01873076
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt05630321
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05630321
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0255827
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0222026
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0477853
IRS990ScheduleD/ExpensesSubtotalAmt03885550
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt083641
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt083641
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04177447
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Pension Liabilities
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt05758626
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0255827
IRS990ScheduleD/TotalExpensesPerForm990Amt03885550
IRS990ScheduleD/TotalLiabilityAmt04177447
IRS990ScheduleD/TotalRevenuePerForm990Amt05758626
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05758626
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03885550
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/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The Organization receives Federal and State Grants.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc06a
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The School is in contract with Concept Schools Inc., an Illinois based not-for-profit organization to provide instructional, administrative and financial management. The Schools Superintendent and Treasurer are appointed and compensated by Concept Schools. Concept Schools also provide a wide range of services such as budgeting and financial oversight, School Management Database, quarterly OAT/OGT Practice tests, curriculum alignment, professional development and valuation services for teachers, etc. In return of those services, the School transfers 10 of its total revenue to the management company. Financial Reports are presented to the School Board for approval in Board Meetings. All employment and major business decisions are also subject to the School Boards approval.Form 990, Part VI, Section B, Line 11b Form 990 is prepared by the Independent CPA, reviewed by School Treasurer and a copy is provided to the Board Members for review in the Board Meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Conflict of Interest Policy is part of the Schools 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 is also monitored by the Schools Sponsor and annually audited by the Auditors of State.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All employment decisions and compensations are discussed and approved in the Board Meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Schools Annual Audit Report is published on the Auditors of States web site at http//www.ohioauditor.gov. All governing documents and the Schools Conflict of Interest Policy is available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4This is the amount of Net Pension Liability calculated according to GASB Statement No. 68 and 75.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part X, Line 25
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02432414
IRS990/TotalAssetsEOYAmt03824900
IRS990/TotalAssetsGrp/BOYAmt02432414
IRS990/TotalAssetsGrp/EOYAmt03824900
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt05630321
IRS990/TotalEmployeeCnt046
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0102128
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03783422
IRS990/TotalFunctionalExpensesGrp/TotalAmt03885550
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05875295
IRS990/TotalLiabilitiesEOYAmt05394705
IRS990/TotalLiabilitiesGrp/BOYAmt05875295
IRS990/TotalLiabilitiesGrp/EOYAmt05394705
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-3442881
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1569805
IRS990/TotalProgramServiceExpensesAmt03783422
IRS990/TotalProgramServiceRevenueAmt0128305
IRS990/TotalReportableCompFromOrgAmt0100325
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0128305
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05758626
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02432414
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03824900
IRS990/TravelGrp/ManagementAndGeneralAmt01803
IRS990/TravelGrp/TotalAmt01803
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0528300
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06000 S Marginal Rd
IRS990/USAddress/CityNm0Cleveland
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044103
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.horizoncleveland.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RAMAZAN CELEP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Horizon Educational Services Inc
ReturnHeader/Filer/BusinessNameControlTxt0HORI
ReturnHeader/Filer/EIN0341869716
ReturnHeader/Filer/PhoneNum02164323660
ReturnHeader/Filer/USAddress/AddressLine1Txt06000 S Marginal Rd
ReturnHeader/Filer/USAddress/CityNm0Cleveland
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044103
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GUEYE & ASSOCIATES CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02246 S HAMILTON RD SUITE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043232
ReturnHeader/PreparerPersonGrp/PhoneNum06143420297
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALIOUNE GUEYE
ReturnHeader/ReturnTs02022-03-24T08:19:06-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RAMAZAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CELEP
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,824,900
Liabilities
$5,394,705
Net assets
-$1,569,805
Revenue
$5,758,626
Expenses
$3,885,550
Net income
$1,873,076
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.64$5.00$2.64$5.12$4.63$0.49
2023Detailed filing. Detailed filing data is available for this year.$7.63$5.48$2.15$7.02$4.95$2.07
2022Detailed filing. Detailed filing data is available for this year.$5.56$5.48$0.08$6.04$4.39$1.65
2021Detailed filing. Detailed filing data is available for this year.$3.82$5.39$1.57$5.76$3.89$1.87
2020Detailed filing. Detailed filing data is available for this year.$2.43$5.88$3.44$4.38$4.43$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.11$5.49$3.39$4.59$4.19$0.41