Civic Intelligence

Horton'S Kids Inc

990 • Fiscal year 2016 • EIN 52-1755403

Sep 01, 2015 to Aug 31, 2016 • Filed on Jul 12, 2017

100 Maryland Ave NE Ste 520Washington, DC 20002

(202) 544-5033

Siviq Scores

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

Liabilities / Assets

39th percentile

0.04x

Higher debt load relative to assets than 39% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

30th percentile

0.03x

Higher debt load relative to revenue than 30% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

25th percentile

-7.2%

Higher net margin than 25% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

69th percentile

$100,000

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

27th percentile

-3.5%

Faster asset growth than 27% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

76th percentile

19%

Faster revenue growth than 76% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,350,165

Down $49,051 (-3.5%) from 2015

Net Assets

Down

$1,289,856

Down $65,629 (-4.8%) from 2015

Liabilities

Up

$60,309

Up $16,578 (+38%) from 2015

Revenue

Up

$1,749,274

Up $283,089 (+19%) from 2015

Expenses

Up

$1,874,364

Up $333,458 (+22%) from 2015

Net Income

Down

-$125,090

Down $50,369 (-67%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $1,121,216Liabilities 2011: $38,443Net Assets 2011: $1,082,7732011Assets 2012: $1,266,224Liabilities 2012: $38,282Net Assets 2012: $1,227,9422012Assets 2013: $1,396,673Liabilities 2013: $40,573Net Assets 2013: $1,356,1002013Assets 2014: $1,517,804Liabilities 2014: $49,516Net Assets 2014: $1,468,2882014Assets 2015: $1,399,216Liabilities 2015: $43,731Net Assets 2015: $1,355,4852015Assets 2016: $1,350,165Liabilities 2016: $60,309Net Assets 2016: $1,289,8562016Assets 2017: $1,505,824Liabilities 2017: $70,320Net Assets 2017: $1,435,5042017Assets 2018: $1,611,676Liabilities 2018: $54,358Net Assets 2018: $1,557,3182018Assets 2019: $1,775,930Liabilities 2019: $139,359Net Assets 2019: $1,636,5712019Assets 2020: $2,487,038Liabilities 2020: $360,760Net Assets 2020: $2,126,2782020Assets 2021: $2,851,162Liabilities 2021: $447,015Net Assets 2021: $2,404,1472021Assets 2022: $7,716,335Liabilities 2022: $3,387,882Net Assets 2022: $4,328,4532022Assets 2023: $8,913,558Liabilities 2023: $4,138,263Net Assets 2023: $4,775,2952023Assets 2024: $11,271,510Liabilities 2024: $4,412,921Net Assets 2024: $6,858,5892024

Highlighted filing

2016

Assets$1,350,165
Liabilities$60,309
Net Assets$1,289,856

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,159,750Expenses 2011: $1,116,495Net Income 2011: $43,2552011Expenses 2012: $1,193,4052012Revenue 2013: $1,426,413Expenses 2013: $1,298,255Net Income 2013: $128,1582013Revenue 2014: $1,449,609Expenses 2014: $1,337,421Net Income 2014: $112,1882014Revenue 2015: $1,466,185Expenses 2015: $1,540,906Net Income 2015: -$74,7212015Revenue 2016: $1,749,274Expenses 2016: $1,874,364Net Income 2016: -$125,0902016Revenue 2017: $2,150,463Expenses 2017: $2,027,908Net Income 2017: $122,5552017Revenue 2018: $2,389,829Expenses 2018: $2,288,219Net Income 2018: $101,6102018Revenue 2019: $2,867,795Expenses 2019: $2,803,439Net Income 2019: $64,3562019Revenue 2020: $3,190,129Expenses 2020: $2,742,787Net Income 2020: $447,3422020Revenue 2021: $3,402,744Expenses 2021: $3,244,252Net Income 2021: $158,4922021Revenue 2022: $5,910,275Expenses 2022: $3,905,952Net Income 2022: $2,004,3232022Revenue 2023: $5,111,644Expenses 2023: $4,667,121Net Income 2023: $444,5232023Revenue 2024: $7,241,698Expenses 2024: $5,254,405Net Income 2024: $1,987,2932024

Highlighted filing

2016

Revenue$1,749,274
Expenses$1,874,364
Net Income-$125,090
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jul 12, 2017
Return Version
2015v3.0
Gross Receipts
$3,061,730
Mission and Program Overview

Mission

Horton's kids envisions a thriving community where every child and their family have the essential resources, tools and support required to excel in education, forge successful careers, and lead fulfilling lives. Hk aims to create a ripple effect, inspiring positive change not only in the lives of the families served, but also in the broader fabric of the community ultimately contributing to a more equitable and promising future for all.

Horton's kids' mission is to educate and empower the children of washington dc's ward 8 by providing comprehensive, direct services which improve the quality of their daily lives and nurture each child's desire and ability to succeed. With the help of more than 500 volunteers and strong relationships with the children's families, horton's kids offers five primary programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,103,878$586,863▼ $517,015
Cash and Non-Interest-Bearing Accounts$112,247$426,125▲ $313,878
Land, Buildings, and Equipment, Net$103,610$154,605▲ $50,995
Pledges and Grants Receivable$65,556$145,535▲ $79,979
Prepaid Expenses and Deferred Charges$13,925$37,037▲ $23,112
Total Assets$1,399,216$1,350,165▼ $49,051
Liabilities
Accounts Payable and Accrued Expenses$43,731$60,309▲ $16,578
Total Liabilities$43,731$60,309▲ $16,578
Net Assets / Fund Balance
Unrestricted Net Assets$1,188,888$1,262,735▲ $73,847
Temporarily Rstr Net Assets$166,597$27,121▼ $139,476
Total Net Assets Fund Balance$1,355,485$1,289,856▼ $65,629
Total Liabilities and Net Assets / Fund Balance$1,399,216$1,350,165▼ $49,051

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$123,847$109,742$233,589
Equipment$30,758$82,792$113,550
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robin BerkleyExecutive DiFT$100,000$100,000

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Bush ConstructionConstruction2000 CLAREDON BLVD 100, Arlington, VA 22201$100,729
Revenue and Support

Revenue Composition

Contributions and Grants
$1,813,082
Program Service Revenue
$0
Investment Income
$-30,209
Other Revenue
$-33,599
All Other Contributions
$1,271,939
Change in Net Assets
$-125,090

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$28,967Fair Market Value
Food Inventory5$11,378Fair Market Value
Other Non Cash Contri Table95$1,658Fair Market Value
Books and Publications-$967Fair Market Value
Securities Publicly Traded1$789-
Total Noncash Contributions101$43,759-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,740,473
Revenue Not Reported on Financial Statements
$8,801
Revenue Not Reported on Form 990
$273,876
Total Revenue per Audited Statements
$2,014,349
Total Revenue per Form 990
$1,749,274
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,136,603
Other Expenses$671,596
Total Fundraising Expense$280,314
Grants and Similar Amounts Paid$66,165
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$652,098$49,434$168,716$870,248
Fees for Services Other$114,261$38,886-$153,147
Occupancy$83,106$5,384$18,296$106,786
Current Officers, Directors, Trustees, and Key Employees$81,456$6,175$15,410$103,041
Information Technology$71,749$4,718$16,465$92,932
Other Employee Benefits$61,042$4,618$15,236$80,896
Travel$75,128$2,643$1,851$79,622
Payroll Taxes$59,604$4,493$14,921$79,018
Grants to Domestic Individuals$66,165--$66,165
Depreciation Depletion$56,631$653$1,776$59,060
Office Expenses$27,706$2,312$20,602$50,620
Insurance$18,857$1,427$4,719$25,003
Other Expenses$11,485$79$244$11,808
Fees for Service Investment Mgmnt Fees-$8,801-$8,801
Fees for Services Accounting-$8,400-$8,400
Conferences and Meetings$4,789$873$533$6,195
Pension Plan Contributions$2,566$194$640$3,400
All Other Expenses$2,897$16-$2,913
Advertising$1,011$29$579$1,619
Total Functional Expenses$1,454,620$139,430$280,314$1,874,364

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,079,978
Total Expenses per Form 990$1,874,364
Expenses per Audited Statements$1,865,563
Expenses Not Reported on Form 990$214,415
Expenses Not Reported on Financial Statements$8,801
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$121,269
Fundraising Gross Income$87,670
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Home Runs$512,598$67,210$16,577$50,633
Give Thanks$88,650$20,460$4,771$15,689
Total Events$601,248$87,670$121,269$-33,599
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is initially reviewed by the executive director and is then emailed to the full board of directors for approval prior to submission with the irs.

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

All board members are required to disclose any and all activities or interests which could conflict with their performance, duties, or responsibilities to horton's kids. This is enforced via a form which each board member completes annually. Each director, officer or employee who has a conflict of interest with respect to any transaction which he or she knows is under consideration by the board of directors of the corporation or any of its committees, is required to make timely disclosure thereof so that it may be part of the board of directors' consideration of the transaction and the person holding the conflicted interest shall further refrain from participating in consideration except as directed by the remaining members of the board of directors. Notwithstanding the foregoing, any director who is also a director of an affiliated organization may participate in considering and voting on any matter pertaining to such organization. The board of directors may act through an appropriate committee, may adopt from time to time such regulations and procedures as shall appear to them sufficient to secure compliance with the policy provided in this section.

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

The board of directors determines the executive director's salary based on comparabile data, performance evaluations, job skills, job knowledge, and experience. The executive director's salary is also included in the annual budget which is reviewed and approved by the full board of directors annually.

Form 990, Page 6, Part VI, Line 18

Our form 990 is available on the guidestar website. All governing documents, financial statements, and the conflict of interest policy are available upon request.

Form 990, Page 6, Part VI, Line 19

The governing documents, financial statements and form 990 are available upon request.

Filing and Contact Details

Filer

Filer Name
HORTON'S KIDS INC
EIN
52-1755403
Phone
2025445033
Address
100 MARYLAND AVE NE STE 520, WASHINGTON, DC 20002

Signing Officer

Name
Dan Walsh
Title
Chair
Phone
2025445033
Signed
2017-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Walsh
Formed
1989
Legal Domicile
Dc
Voting Board Members
18
Independent Board Members
18
Employees
44
Volunteers
918

Preparer

Firm
Toal Griffith Ragula LLC
Address
130 ADMIRAL COCHRANE DR SUITE 200, ANNAPOLIS, MD 21401-7368
Preparer
Jeffrey S Griffith CPA
Phone
4102240343
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Horton's kids' mission is to educate and empower the children of washington dc's ward 8 by providing comprehensive, direct services which improve the quality of their daily lives and nurture each child's desire and ability to succeed. With the help of more than 500 volunteers and strong relationships with the children's families, horton's kids offers five primary programs.

Form 990, Part XI, Line 9

Reclassification of fundraising expenses 121,269 reclassification of fundraising expenses -121,269

Financial Statement Notes

Schedule D, Page 3, Part X

Hki is exempt from income taxes under section 501(c)(3) of the internal revenue code (the code). In addition, hki has been determined by the internal revenue service not to be a private foundation within the meaning of section 509(a) of the code. Hki's informational return filings are subject to audit by the internal revenue service, generally for three years after filing.

Schedule D, Page 4, Part XI, Line 2D

Reclassification of fundraising expenses 121,269

Schedule D, Page 4, Part XII, Line 2D

Reclassification of fundraising expenses 121,269

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IRS990/Form990PartVIISectionAGrp/PersonNm9PETER MANOS
IRS990/Form990PartVIISectionAGrp/PersonNm10MARY ELLEN MATHESON
IRS990/Form990PartVIISectionAGrp/PersonNm11ERIK OLSON
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN PAPPAS
IRS990/Form990PartVIISectionAGrp/PersonNm13ALLISON REMSEN
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IRS990/Form990PartVIISectionAGrp/PersonNm15TIM TRYSLA
IRS990/Form990PartVIISectionAGrp/PersonNm16DAN WALSH
IRS990/Form990PartVIISectionAGrp/PersonNm17JEANNE WOLAK
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IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DI
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04718
IRS990/InformationTechnologyGrp/ProgramServicesAmt071749
IRS990/InformationTechnologyGrp/TotalAmt092932
IRS990/InsuranceGrp/FundraisingAmt04719
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IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0HORTON'S KIDS' MISSION IS TO EDUCATE AND EMPOWER THE CHILDREN OF WASHINGTON DC'S WARD 8 BY PROVIDING COMPREHENSIVE, DIRECT SERVICES WHICH IMPROVE THE QUALITY OF THEIR DAILY LIVES AND NURTURE EACH CHILD'S DESIRE AND ABILITY TO SUCCEED. WITH THE HELP OF MORE THAN 500 VOLUNTEERS AND STRONG RELATIONSHIPS WITH THE CHILDREN'S FAMILIES, HORTON'S KIDS OFFERS FIVE PRIMARY PROGRAMS.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NoncashContributionsAmt043759
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IRS990/OtherExpensesGrp/Desc2EVENT SUPPLIES
IRS990/OtherExpensesGrp/Desc3VOLUNTEER EXP/DEV
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IRS990/OtherExpensesGrp/FundraisingAmt1320
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IRS990/ProgSrvcAccomActy2Grp/Desc0YOUTH DEVELOPMENT ACTIVITIES HELP CHILDREN DEVELOP SOCIAL-EMOTIONAL SKILLS THAT ARE CRITICAL TO LIFELONG SUCCESS. ACTIVITIES ENCOURAGE THE DEVELOPMENT OF KEY CHARACTER STRENGTHS-INCLUDING PERSEVERANCE, OPTIMISM, AND SELF CONTROL-AND INCLUDE FIELD TRIPS, TEAM SPORTS, MENTORING, LIFE SKILLS LESSONS, DISCUSSION GROUPS, AND ENRICHMENT ACTIVITIES.
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IRS990/ProgSrvcAccomActy3Grp/Desc0HEALTH AND BASIC NEEDS SUPPORTS ENSURE THAT CHILDREN ARE HEALTHY AND PREPARED TO GROW BOTH ACADEMICALLY AND DEVELOPMENTALLY. HORTON'S KIDS PROVIDES A WIDE RANGE OF SUPPORTS, INCLUDING HEALTHY MEALS, MENTAL HEALTH SERVICES, DIAPER AND TOILETRY DISTRIBUTION, COAT AND BACKPACK DISTRIBUTIONS, AND CONNECTIONS TO PARTNER ORGANIZATIONS THAT EMPOWER FAMILIES.
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IRS990/PYOtherExpensesAmt0577283
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IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-125090
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt011,762
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01508761
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01529351
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01421225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01336156
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05714

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.3$4.41$6.86$7.24$5.25$1.99
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.91$4.14$4.78$5.11$4.67$0.44
2022Detailed filing. Detailed filing data is available for this year.$7.72$3.39$4.33$5.91$3.91$2.00
2021Detailed filing. Detailed filing data is available for this year.$2.85$0.45$2.40$3.40$3.24$0.16
2020Detailed filing. Detailed filing data is available for this year.$2.49$0.36$2.13$3.19$2.74$0.45
2019Detailed filing. Detailed filing data is available for this year.$1.78$0.14$1.64$2.87$2.80$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.61$0.05$1.56$2.39$2.29$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.51$0.07$1.44$2.15$2.03$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.35$0.06$1.29$1.75$1.87$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.40$0.04$1.36$1.47$1.54$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.52$0.05$1.47$1.45$1.34$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.04$1.36$1.43$1.30$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.04$1.23$1.19
2011Summary only. Only limited summary data is available for this year.$1.12$0.04$1.08$1.16$1.12$0.04