Civic Intelligence

Horton'S Kids Inc

990 • Fiscal year 2014 • EIN 52-1755403

Sep 01, 2013 to Aug 31, 2014 • Filed on Jul 08, 2015

100 Maryland Ave NERoom/Suite 520Washington, DC 20002

(202) 544-5033

Siviq Scores

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

Liabilities / Assets

34th percentile

0.03x

Higher debt load relative to assets than 34% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

29th percentile

0.03x

Higher debt load relative to revenue than 29% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

63rd percentile

7.7%

Higher net margin than 63% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

71st percentile

$103,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

68th percentile

8.7%

Faster asset growth than 68% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

44th percentile

1.6%

Faster revenue growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,517,804

Up $121,131 (+8.7%) from 2013

Net Assets

Up

$1,468,288

Up $112,188 (+8.3%) from 2013

Liabilities

Up

$49,516

Up $8,943 (+22%) from 2013

Revenue

Up

$1,449,609

Up $23,196 (+1.6%) from 2013

Expenses

Up

$1,337,421

Up $39,166 (+3.0%) from 2013

Net Income

Down

$112,188

Down $15,970 (-12%) from 2013

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

2014

Assets$1,517,804
Liabilities$49,516
Net Assets$1,468,288

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

2014

Revenue$1,449,609
Expenses$1,337,421
Net Income$112,188
Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
Jul 8, 2015
Return Version
2013v4.0
Gross Receipts
$1,562,375
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
Savings and Temporary Cash Investments$673,000$674,860▲ $1,860
Cash and Non-Interest-Bearing Accounts$460,746$666,534▲ $205,788
Land, Buildings, and Equipment, Net$143,478$109,198▼ $34,280
Pledges and Grants Receivable$101,044$42,798▼ $58,246
Prepaid Expenses and Deferred Charges$18,405$24,414▲ $6,009
Total Assets$1,396,673$1,517,804▲ $121,131
Liabilities
Accounts Payable and Accrued Expenses$40,573$49,516▲ $8,943
Total Liabilities$40,573$49,516▲ $8,943
Net Assets / Fund Balance
Unrestricted Net Assets$1,163,642$1,246,202▲ $82,560
Temporarily Rstr Net Assets$192,458$222,086▲ $29,628
Total Net Assets Fund Balance$1,356,100$1,468,288▲ $112,188
Total Liabilities and Net Assets / Fund Balance$1,396,673$1,517,804▲ $121,131

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$51,121$50,992$102,113
Equipment$58,077$41,258$99,335
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brenda ChamberlainExecutive DiFT$100,000$3,000$103,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,529,351
Program Service Revenue
$0
Investment Income
$2,518
Other Revenue
$-82,260
All Other Contributions
$776,313
Change in Net Assets
$112,188

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-$17,141Fair Market Value
Other Non Cash Contri Table4$6,650Fair Market Value
Books and Publications-$4,885Fair Market Value
Food Inventory4$3,710Fair Market Value
Other Non Cash Contri Table2$2,483Fair Market Value
Other Non Cash Contri Table3$600Fair Market Value
Total Noncash Contributions13$35,469-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,449,609
Revenue Not Reported on Form 990
$308,436
Total Revenue per Audited Statements
$1,758,045
Total Revenue per Form 990
$1,449,609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$690,580
Other Expenses$545,714
Total Fundraising Expense$176,794
Grants and Similar Amounts Paid$101,127
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$401,618$11,872$82,471$495,961
Fees for Services Other$90,083$32,745$11,786$134,614
Grants to Domestic Individuals$101,127--$101,127
Current Officers, Directors, Trustees, and Key Employees$80,899$2,391$13,062$96,352
Occupancy$74,545$1,828$12,350$88,723
Travel$79,533$342$905$80,780
Other Employee Benefits$38,955$1,164$7,625$47,744
Payroll Taxes$38,631$1,154$7,702$47,487
Information Technology$33,426$926$7,049$41,401
Depreciation Depletion$38,147$794-$38,941
Office Expenses$21,959$925$11,016$33,900
Insurance$18,032$715$1,693$20,440
Other Expenses$10,143$2$51$10,196
Conferences and Meetings$8,095$240$1,105$9,440
Fees for Services Accounting-$8,200-$8,200
Pension Plan Contributions$2,439$73$524$3,036
Advertising$1,756$35$792$2,583
Total Functional Expenses$1,096,870$63,757$176,794$1,337,421

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,645,857
Expenses per Audited Statements$1,337,421
Total Expenses per Form 990$1,337,421
Expenses Not Reported on Form 990$308,436
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$112,766
Fundraising Gross Income$29,506
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$75,985$22,200$5,505$16,695
Event 1$494,451$7,306$27,152$-19,846
Total Events$570,436$29,506$112,766$-83,260
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

No documents available to the public

Filing and Contact Details

Filer

EIN
52-1755403
Phone
2025445033

Signing Officer

Name
Robin Berkley
Title
Executive Director
Phone
2025445033
Signed
2015-07-08

Organization Details

Principal Officer
Allison Remsen Chair
Formed
1989
Legal Domicile
Dc
Voting Board Members
24
Independent Board Members
24
Employees
30
Volunteers
500

Preparer

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, Page 2, Part III, Line 4A

Older youth (grades 7 through 12) have three days of after-school programming at the community resource center specifically designed to build college and career readiness. Activities engage youth who attended horton's kids' programs as children and include financial literacy, technology skills, and critical thinking. Enrichment activities: on sunday afternoons, participants and their families attend field trips that offer structured physical activity and exposure to new places. During the holidays, horton's kids organizes celebrations for the children and offers special gifts from thanksgiving food baskets to christmas presents to families in the neighborhood. Horton's kids' services are made possible by hundreds of dedicated volunteers and generous monetary and in-kind donations from individuals, foundations, and corporations.

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

Summer programs: horton's kids provides six weeks of summer literacy programming for younger children to help prevent the "summer slide" in reading skills. The summer camp offers literacy activities organized by highly-qualified program staff; enrichment field trips; and healthy meals and snacks. Horton's kids also connects older youth with sleep-away summer camps and employment opportunities.

Form 990, Part IX, Line 11G

Other fees 90,083 32,745 11,786

Form 990, Part XI, Line 9

Reclassification of fundraising expenses 112,766 reclassification of fundraising expenses -112,766

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 112,766

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

Reclassification of fundraising expenses 112,766

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IRS990/Desc0TUTORING: THE CORNERSTONE OF OUR ACADEMIC PROGRAM MODEL IS A STRUCTURED SCHEDULE OF INTENSIVE, ONE-ON-ONE TUTORING FOR CHILDREN (GRADES K THROUGH 6). TUTORING INCLUDES MONDAY AND TUESDAY EVENING TUTORING SESSIONS IN THE RAYBURN HOUSE OFFICE BUILDING AND WEDNESDAY AFTER-SCHOOL SESSIONS AT THE U.S. DEPARTMENT OF EDUCATION. HORTON'S KIDS USES AN INTERVENTION MODEL THAT TARGETS CRITICAL FOUNDATIONAL LEARNING TO IMPROVE CHILDREN'S READING AND MATH. THE STRUCTURED MODEL, BASED ON THE BOOK BUDDIES PROGRAM DEVELOPED AT THE UNIVERSITY OF VIRGINIA, USES LEARNING SEQUENCES RATHER THAN GRADE LEVEL TO SHORE UP ACADEMIC WEAKNESSES BEFORE MOVING ON TO MORE DIFFICULT MATERIAL. VOLUNTEER TUTORS PROVIDE STEADY, POSITIVE ATTENTION THAT GIVES THE CHILDREN THE CONFIDENCE TO ACHIEVE THEIR LEARNING GOALS. OLDER YOUTH (GRADES 7 THROUGH 12) HAVE THREE DAYS OF AFTER-SCHOOL PROGRAMMING AT THE COMMUNITY RESOURCE CENTER SPECIFICALLY DESIGNED TO BUILD COLLEGE AND CAREER READINESS. ACTIVITIES ENGAGE YOUTH WHO ATTENDED HORTON'S KIDS' PROGRAMS AS CHILDREN AND INCLUDE FINANCIAL LITERACY, TECHNOLOGY SKILLS, AND CRITICAL THINKING. ENRICHMENT ACTIVITIES: ON SUNDAY AFTERNOONS, PARTICIPANTS AND THEIR FAMILIES ATTEND FIELD TRIPS THAT OFFER STRUCTURED PHYSICAL ACTIVITY AND EXPOSURE TO NEW PLACES. DURING THE HOLIDAYS, HORTON'S KIDS ORGANIZES CELEBRATIONS FOR THE CHILDREN AND OFFERS SPECIAL GIFTS FROM THANKSGIVING FOOD BASKETS TO CHRISTMAS PRESENTS TO FAMILIES IN THE NEIGHBORHOOD. HORTON'S KIDS' SERVICES ARE MADE POSSIBLE BY HUNDREDS OF DEDICATED VOLUNTEERS AND GENEROUS MONETARY AND IN-KIND DONATIONS FROM INDIVIDUALS, FOUNDATIONS, AND CORPORATIONS.
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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/ProgSrvcAccomActy2Grp/Desc0HEALTH AND BASIC NEEDS SERVICES: ALL PARTICIPANTS RECEIVE A NUTRITIOUS MEAL AND SNACK AT EVERY PROGRAM. HORTON'S KIDS FACILITATES REGULAR AND EMERGENCY DENTAL AND VISION CARE FOR ALL ACTIVE PARTICIPANTS. HORTON'S KIDS ALSO DISTRIBUTES BACKPACKS, SCHOOL SUPPLIES, EMERGENCY FOOD, AND CLOTHING TO THE CHILDREN AND THEIR FAMILIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0408615
IRS990/ProgSrvcAccomActy2Grp/GrantAmt055352
IRS990/ProgSrvcAccomActy3Grp/Desc0EDUCATIONAL ADVOCACY: THE EDUCATIONAL ADVOCACY STAFF AT HORTON'S KIDS HELPS INTERESTED FAMILIES RESEARCH SCHOOL OPTIONS AND COMPLETE APPLICATIONS TO SCHOOLS THAT ARE MOST LIKELY TO HELP THEIR CHILDREN SUCCEED. HORTON'S KIDS ALSO WORKS WITH PARENTS TO ADVOCATE FOR CHILDREN WITHIN SCHOOLS AND ARRANGE SPECIAL EDUCATION SERVICES AS NEEDED, INCLUDING INDIVIDUAL EDUCATION PLAN IMPLEMENTATION AND MANAGEMENT.

Document Assets

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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