Civic Intelligence

Educational Center for Applied Ekistics Inc

990 • Fiscal year 2015 • EIN 58-1291952

Aug 01, 2014 to Jul 31, 2015 • Filed on May 16, 2016

1900 Dekalb AvenueAtlanta, GA 30307

(404) 378-2219

Siviq Scores

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

Liabilities / Assets

91st percentile

0.88x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

1.40x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

4th percentile

-77%

Higher net margin than 4% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

57th percentile

$31,875

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

3rd percentile

-46%

Faster asset growth than 3% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

5th percentile

-53%

Faster revenue growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$722,111

Down $627,112 (-46%) from 2014

Net Assets

Down

$88,895

Down $349,198 (-80%) from 2014

Liabilities

Down

$633,216

Down $277,914 (-31%) from 2014

Revenue

Down

$453,009

Down $517,346 (-53%) from 2014

Expenses

Up

$802,208

Up $320,669 (+67%) from 2014

Net Income

Down

-$349,199

Down $838,015 (-171%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2014: $1,349,223Liabilities 2014: $911,130Net Assets 2014: $438,0932014Assets 2015: $722,111Liabilities 2015: $633,216Net Assets 2015: $88,8952015Assets 2016: $604,679Liabilities 2016: $615,851Net Assets 2016: -$11,1722016Assets 2017: $319,549Liabilities 2017: $610,595Net Assets 2017: -$291,0462017Assets 2018: $3,321,412Liabilities 2018: $523,038Net Assets 2018: $2,798,3742018Assets 2019: $2,311,357Liabilities 2019: $284,325Net Assets 2019: $2,027,0322019Assets 2020: $2,381,452Liabilities 2020: $259,094Net Assets 2020: $2,122,3582020Assets 2021: $2,698,401Liabilities 2021: $248,800Net Assets 2021: $2,449,6012021Assets 2022: $2,490,078Liabilities 2022: $37,881Net Assets 2022: $2,452,1972022Assets 2023: $318,861Liabilities 2023: $37,881Net Assets 2023: $280,9802023Assets 2024: $118,737Liabilities 2024: $37,881Net Assets 2024: $80,8562024Assets 2025: $108,328Liabilities 2025: $37,881Net Assets 2025: $70,4472025

Highlighted filing

2015

Assets$722,111
Liabilities$633,216
Net Assets$88,895

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2014: $970,355Expenses 2014: $481,539Net Income 2014: $488,8162014Revenue 2015: $453,009Expenses 2015: $802,208Net Income 2015: -$349,1992015Revenue 2016: $420,631Expenses 2016: $542,047Net Income 2016: -$121,4162016Revenue 2017: $204,059Expenses 2017: $480,800Net Income 2017: -$276,7412017Revenue 2018: $3,530,924Expenses 2018: $441,504Net Income 2018: $3,089,4202018Revenue 2019: $55,144Expenses 2019: $787,041Net Income 2019: -$731,8972019Revenue 2020: $29,082Expenses 2020: $62,662Net Income 2020: -$33,5802020Revenue 2021: $19,986Expenses 2021: $30,917Net Income 2021: -$10,9312021Revenue 2022: $394,825Expenses 2022: $30,485Net Income 2022: $364,3402022Revenue 2023: $324,202Expenses 2023: $2,212,873Net Income 2023: -$1,888,6712023Revenue 2024: $250Expenses 2024: $200,374Net Income 2024: -$200,1242024Revenue 2025: $6Expenses 2025: $10,415Net Income 2025: -$10,4092025

Highlighted filing

2015

Revenue$453,009
Expenses$802,208
Net Income-$349,199
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$453,009
Mission and Program Overview

Mission

Horizons was a small, diverse school which continually challenged every community member to grow. It demanded respect for each individual. At horizons, we strove to develop in students values and skills that ensured them the maximum number of opportunities.

Horizons school is a small, diverse school, which continually challenges every community member to grow. It demands respect for each individual. At horizons, we develop in students those values and skills that ensure them the maximum number of opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$626,138$626,138→ $0
Savings and Temporary Cash Investments$991,569$461,485▼ $530,084
Land, Buildings, and Equipment, Net$239,336$240,437▲ $1,101
Other Notes and Loans Receivable, Net$3,500$11,984▲ $8,484
Cash and Non-Interest-Bearing Accounts$114,818$8,205▼ $106,613
Total Assets$1,349,223$722,111▼ $627,112
Liabilities
Accounts Payable and Accrued Expenses$203,470$3,615▼ $199,855
Unsecured Notes Loans Payable$81,522$3,463▼ $78,059
Total Liabilities$911,130$633,216▼ $277,914
Net Assets / Fund Balance
Unrestricted Net Assets$438,093$88,895▼ $349,198
Total Net Assets Fund Balance$438,093$88,895▼ $349,198
Total Liabilities and Net Assets / Fund Balance$1,349,223$722,111▼ $627,112

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$672,416$672,416
Equipment$30,670$268,105$298,775
Land$209,767-$209,767
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Paul L GarberAdministratoFT$31,875$31,875
Sally GustinPresidentFT$31,875$31,875

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$450,027
Investment Income
$2,982
Other Revenue
$0
Change in Net Assets
$-349,199
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$513,122
Salaries, Compensation, and Employee Benefits$289,086
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$290,254--$290,254
Other Salaries and Wages$209,946$52,487-$262,433
Fees for Services Other$124,628$335-$124,963
Office Expenses$25,683$13,237-$38,920
Insurance$19,972--$19,972
Payroll Taxes$15,205$3,801-$19,006
Other Employee Benefits$7,647--$7,647
Fees for Services Accounting-$7,026-$7,026
Interest-$5,156-$5,156
Information Technology$3,739$935-$4,674
Travel$1,705--$1,705
Other Expenses$518--$518
All Other Expenses$150--$150
Total Functional Expenses$719,231$82,977$0$802,208
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$626,138$626,138→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 2

Paul l garber june garber adminstr,coo admin aide husband & wife

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

The form 990 is carefully reviewed by the headmaster before the return is signed and filed.

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

The school's management reviews prospective agreements and contracts to ensure that the school's conflict of interest policy is being followed. Written documentation of possible conflicts and the resolution of the situation is maintained.

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

Paul l garber's compensation is set well below the market rate for school headmasters of a school the size of horizon. This has been the case since the school was opened. Changes in the rate of compensation are settled by board action, along with faculty and staff compensation review.

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

Changes in the rate of compensation are settled by board action, along with other faculty and staff compensation review.

Form 990, Page 6, Part VI, Line 19

Governing documents and all other disclosures required to be made available are in the school's administrative offices and will be shown to those who have requested to see them.

Filing and Contact Details

Filer

Filer Name
Educational Center for Applied
EIN
58-1291952
Phone
4043782219
Address
1900 DEKALB AVENUE, ATLANTA, GA 30307
Doing Business As
Horizons School

Signing Officer

Name
Paul L Garber
Title
Administrator, COO
Phone
4043782219
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul L Garber
Formed
1977
Legal Domicile
Ga
Voting Board Members
2
Independent Board Members
2
Employees
4

Preparer

Firm
Attaway Linville Pc
Address
1708 PEACHTREE STREET NW 200, ATLANTA, GA 30309-2416
Preparer
Laurie Attaway
Phone
4046078400
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Horizons school is a small, diverse school, which continually challenges every community member to grow. It demands respect for each individual. At horizons, we develop in students those values and skills that ensure them the maximum number of opportunities.

Form 990, Part IX, Line 11G

Consultant fees 6,032 0 0 contract labor 53,931 0 0 payroll processing fees 1,338 335 0 unknown disbursement 39,200 0 0 tuition commission 24,127 0 0

Raw XML Appendix376 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.

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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PROVIDE INITIAL FUNDING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1PURCHASE OF HAMPTON TERRACE LOTS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0300000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1163348
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2125000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0PAUL L GARBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1PAUL L GARBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2PAUL L GARBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0ADMINISTRATOR, COO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1ADMINISTRATOR, COO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2ADMINISTRATOR, COO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/TotalBalanceDueAmt0626138
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HORIZONS SCHOOL IS A SMALL, DIVERSE SCHOOL, WHICH CONTINUALLY CHALLENGES EVERY COMMUNITY MEMBER TO GROW. IT DEMANDS RESPECT FOR EACH INDIVIDUAL. AT HORIZONS, WE DEVELOP IN STUDENTS THOSE VALUES AND SKILLS THAT ENSURE THEM THE MAXIMUM NUMBER OF OPPORTUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAUL L GARBER JUNE GARBER ADMINSTR,COO ADMIN AIDE HUSBAND & WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS CAREFULLY REVIEWED BY THE HEADMASTER BEFORE THE RETURN IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL'S MANAGEMENT REVIEWS PROSPECTIVE AGREEMENTS AND CONTRACTS TO ENSURE THAT THE SCHOOL'S CONFLICT OF INTEREST POLICY IS BEING FOLLOWED. WRITTEN DOCUMENTATION OF POSSIBLE CONFLICTS AND THE RESOLUTION OF THE SITUATION IS MAINTAINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAUL L GARBER'S COMPENSATION IS SET WELL BELOW THE MARKET RATE FOR SCHOOL HEADMASTERS OF A SCHOOL THE SIZE OF HORIZON. THIS HAS BEEN THE CASE SINCE THE SCHOOL WAS OPENED. CHANGES IN THE RATE OF COMPENSATION ARE SETTLED BY BOARD ACTION, ALONG WITH FACULTY AND STAFF COMPENSATION REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGES IN THE RATE OF COMPENSATION ARE SETTLED BY BOARD ACTION, ALONG WITH OTHER FACULTY AND STAFF COMPENSATION REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS AND ALL OTHER DISCLOSURES REQUIRED TO BE MADE AVAILABLE ARE IN THE SCHOOL'S ADMINISTRATIVE OFFICES AND WILL BE SHOWN TO THOSE WHO HAVE REQUESTED TO SEE THEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CONSULTANT FEES 6,032 0 0 CONTRACT LABOR 53,931 0 0 PAYROLL PROCESSING FEES 1,338 335 0 UNKNOWN DISBURSEMENT 39,200 0 0 TUITION COMMISSION 24,127 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01349223
IRS990/TotalAssetsEOYAmt0722111
IRS990/TotalAssetsGrp/BOYAmt01349223
IRS990/TotalAssetsGrp/EOYAmt0722111
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt082977
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0719231
IRS990/TotalFunctionalExpensesGrp/TotalAmt0802208
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0911130
IRS990/TotalLiabilitiesEOYAmt0633216
IRS990/TotalLiabilitiesGrp/BOYAmt0911130
IRS990/TotalLiabilitiesGrp/EOYAmt0633216
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0438093
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt088895
IRS990/TotalProgramServiceExpensesAmt0719231
IRS990/TotalProgramServiceRevenueAmt0450027
IRS990/TotalReportableCompFromOrgAmt063750
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0453009
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0453009
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01349223
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0722111
IRS990/TravelGrp/ProgramServicesAmt01705
IRS990/TravelGrp/TotalAmt01705
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0438093
IRS990/UnrestrictedNetAssetsGrp/EOYAmt088895
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt081522
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt03463
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01900 DEKALB AVENUE
IRS990/USAddress/CityNm0ATLANTA
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030307
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.HORIZONSSCHOOL.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL L GARBER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ADMINISTRATOR, COO
ReturnHeader/BusinessOfficerGrp/PhoneNum04043782219
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDUCATIONAL CENTER FOR APPLIED
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EKISTICS INC
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0581291952
ReturnHeader/Filer/PhoneNum04043782219
ReturnHeader/Filer/USAddress/AddressLine1Txt01900 DEKALB AVENUE
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030307
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161718231
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ATTAWAY LINVILLE PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01708 PEACHTREE STREET NW 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0303092416
ReturnHeader/PreparerPersonGrp/PhoneNum04046078400
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURIE ATTAWAY
ReturnHeader/ReturnTs02016-05-16T12:45:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-08-01
ReturnHeader/TaxPeriodEndDt02015-07-31
ReturnHeader/TaxYr02014

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