Civic Intelligence

The Horizon Foundation Inc

EIN 65-0872214 • 501(c)3 • Fort Myers, FL

Profile

The foundation is organized exclusively for the support of the economic development office of the lee county government, and its public-private advisory committee, the horizon council.

Refreshing map…

2031 Jackson Street Suite 120Fort Myers, FL 33901

n/A

Siviq Scores

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

Liabilities / Assets

64th percentile

0.07x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

69th percentile

0.09x

Higher debt load relative to revenue than 69% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

85th percentile

$94,375

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 15.7% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

28th percentile

-5.0%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

39th percentile

0.3%

Faster revenue growth than 39% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$768,991

Down $40,653 (-5.0%) from 2023

Liabilities

Up

$53,540

Up $27,762 (+108%) from 2023

Net Assets

Down

$715,451

Down $68,415 (-8.7%) from 2023

Revenue

Up

$600,423

Up $1,910 (+0.3%) from 2023

Expenses

Down

$668,833

Down $29,877 (-4.3%) from 2023

Net Income

Up

-$68,410

Up $31,787 (+32%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $422,999Liabilities 2010: $0Net Assets 2010: $422,9992010Assets 2011: $317,604Liabilities 2011: $0Net Assets 2011: $317,6042011Assets 2012: $405,558Liabilities 2012: $0Net Assets 2012: $405,5582012Assets 2013: $424,908Liabilities 2013: $150Net Assets 2013: $424,7582013Assets 2014: $846,067Liabilities 2014: $17,687Net Assets 2014: $828,3802014Assets 2015: $648,976Liabilities 2015: $3,337Net Assets 2015: $645,6392015Assets 2016: $605,776Liabilities 2016: $15,414Net Assets 2016: $590,3622016Assets 2017: $553,362Liabilities 2017: $44,010Net Assets 2017: $509,3522017Assets 2018: $378,663Liabilities 2018: $7,630Net Assets 2018: $371,0332018Assets 2019: $529,510Liabilities 2019: $353Net Assets 2019: $529,1572019Assets 2020: $716,951Liabilities 2020: $14,869Net Assets 2020: $702,0822020Assets 2021: $812,756Liabilities 2021: $14,966Net Assets 2021: $797,7902021Assets 2022: $923,962Liabilities 2022: $39,899Net Assets 2022: $884,0632022Assets 2023: $809,644Liabilities 2023: $25,778Net Assets 2023: $783,8662023Assets 2024: $768,991Liabilities 2024: $53,540Net Assets 2024: $715,4512024

Highlighted filing

2024

Assets$768,991
Liabilities$53,540
Net Assets$715,451

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $170,2052010Revenue 2011: $273,881Expenses 2011: $379,276Net Income 2011: -$105,3952011Expenses 2012: $201,0932012Revenue 2013: $280,786Expenses 2013: $261,586Net Income 2013: $19,2002013Revenue 2014: $700,929Expenses 2014: $297,307Net Income 2014: $403,6222014Revenue 2015: $390,289Expenses 2015: $573,030Net Income 2015: -$182,7412015Revenue 2016: $361,862Expenses 2016: $417,139Net Income 2016: -$55,2772016Revenue 2017: $171,803Expenses 2017: $252,813Net Income 2017: -$81,0102017Revenue 2018: $324,532Expenses 2018: $462,851Net Income 2018: -$138,3192018Revenue 2019: $292,733Expenses 2019: $127,109Net Income 2019: $165,6242019Revenue 2020: $418,516Expenses 2020: $252,851Net Income 2020: $165,6652020Revenue 2021: $501,104Expenses 2021: $405,396Net Income 2021: $95,7082021Revenue 2022: $543,275Expenses 2022: $457,002Net Income 2022: $86,2732022Revenue 2023: $598,513Expenses 2023: $698,710Net Income 2023: -$100,1972023Revenue 2024: $600,423Expenses 2024: $668,833Net Income 2024: -$68,4102024

Highlighted filing

2024

Revenue$600,423
Expenses$668,833
Net Income-$68,410

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.69$0.54$7.15$6.00$6.69$0.68
2023Detailed filing. Detailed filing data is available for this year.$8.10$0.26$7.84$5.99$6.99$1.00
2022Detailed filing. Detailed filing data is available for this year.$9.24$0.40$8.84$5.43$4.57$0.86
2021Detailed filing. Detailed filing data is available for this year.$8.13$0.15$7.98$5.01$4.05$0.96
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.17$0.15$7.02$4.19$2.53$1.66
2019Detailed filing. Detailed filing data is available for this year.$5.30$0.00$5.29$2.93$1.27$1.66
2018Detailed filing. Detailed filing data is available for this year.$3.79$0.08$3.71$3.25$4.63$1.38
2017Detailed filing. Detailed filing data is available for this year.$5.53$0.44$5.09$1.72$2.53$0.81
2016Detailed filing. Detailed filing data is available for this year.$6.06$0.15$5.90$3.62$4.17$0.55
2015Detailed filing. Detailed filing data is available for this year.$6.49$0.03$6.46$3.90$5.73$1.83
2014Detailed filing. Detailed filing data is available for this year.$8.46$0.18$8.28$7.01$2.97$4.04
2013Detailed filing. Detailed filing data is available for this year.$4.25$0.00$4.25$2.81$2.62$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$0.00$4.06$2.01
2011Summary only. Only limited summary data is available for this year.$3.18$0.00$3.18$2.74$3.79$1.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.23$0.00$4.23$1.70
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.0
Gross Receipts
$608,622
Mission and Program Overview

Mission

The foundation is organized exclusively for the support of the economic development office of the lee county government, and its public-private advisory committee, the horizon council.

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$231,885$641,555▲ $409,670
Cash and Non-Interest-Bearing Accounts$573,418$88,310▼ $485,108
Accounts Receivable-$36,000-
Land, Buildings, and Equipment, Net$3,516$2,628▼ $888
Prepaid Expenses and Deferred Charges$825$498▼ $327
Total Assets$809,644$768,991▼ $40,653
Liabilities
Accounts Payable and Accrued Expenses$23,763$51,543▲ $27,780
Deferred Revenue$2,015$1,997▼ $18
Total Liabilities$25,778$53,540▲ $27,762
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$756,866$688,451▼ $68,415
Net Assets With Donor Restrictions$27,000$27,000→ $0
Total Net Assets Fund Balance$783,866$715,451▼ $68,415
Total Liabilities and Net Assets / Fund Balance$809,644$768,991▼ $40,653

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,628$34,871$37,499
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William JohnsonExecutive DiFT$94,375$94,375

Board Members and Trustees

NameTitle
Diana GiraldoDirector
Doug GyureDirector
Dr Guido MinayaDirector
John TalmageDirector
Matt PriceDirector
Ryan CarterVP/director
Holly SmithPast Pres/di
Mark StevensPres/directo
Fred EdmanSecretary/di
Sandy Stilwell YoungquistTreasurer/di
Revenue and Support

Revenue Composition

Contributions and Grants
$565,686
Program Service Revenue
$0
Investment Income
$14,701
Other Revenue
$20,036
All Other Contributions
$530,186
Change in Net Assets
$-68,410
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$395,177
Grants and Similar Amounts Paid$165,582
Salaries, Compensation, and Employee Benefits$108,074
Total Fundraising Expense$68,628
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$165,582--$165,582
Current Officers, Directors, Trustees, and Key Employees$32,681$4,669$56,025$93,375
Advertising$70,580--$70,580
Fees for Services Other-$27,237-$27,237
Other Expenses$15,334--$15,334
Other Salaries and Wages$2,647$378$4,537$7,562
Payroll Taxes$2,498$357$4,282$7,137
All Other Expenses-$2,523$3,784$6,307
Insurance-$2,067-$2,067
Depreciation Depletion-$888-$888
Total Functional Expenses$562,086$38,119$68,628$668,833
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Economic Development OfficeFort Myers, FL-Marketing$165,582
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$28,235
Fundraising Direct Expenses$8,199
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Industry App$28,235$28,235$8,199$20,036
Total Events$28,235$28,235$8,199$20,036
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7B

The executive committee, consisting of the officers and other members of the board of directors, conducts business on behalf of the foundation between regular meetings. All decisions and actions taken by the executive committee are ratified by the board at the next general meeting.

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

A draft of the entire form 990 is provided to the horizon president prior to filing. The president has the authority to accept the form 990 on behalf of the entire board of directors and seek approval via ratification at the next executive committee meeting.

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

The foundation's governing documents and financial statements are made available upon request.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Form 990, Part VII

The first executive director of the horizon foundation was employed in january 2022. The organization still utilizes the assistance of the economic development office to carry out the mission of the organization. Part vii lists 11 officers/directors but only 9 are listed on part vi section a lines 1a and 1b, the council chair dr. Guido minaya is a non- voting board member of the foundation. William johnson is executive director and not a board member.

Filing and Contact Details

Filer

Filer Name
Horizon Foundation Inc
EIN
65-0872214
Phone
2393383161
Address
2031 JACKSON STREET SUITE 120, FORT MYERS, FL 33901

Signing Officer

Name
William Johnson
Title
Executive Director
Phone
2393383161
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Johnson
Formed
1998
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
3

Preparer

Firm
Hsctuscan & Company Pa
Address
1470 ROYAL PALM SQUARE BLVD, FORT MYERS, FL 33919-1082
Preparer
Jeffrey M Tuscan CPA
Phone
2399392233
Supplemental Narrative

Additional Explanations

Form 990

The corporation is organized exclusively for charitable, religious, educational and scientific purposes, including, for such purposes, the making of distributions to organizations under section 50l(c)(3) of the internal revenue code of 1986, as amended (or the corresponding section of any future federal tax code) (the "code"). Specifically, the mission and purposes for which the corporation is organized are: (1) to support, foster, and encourage the economic development and diversity of business interests in lee county, florida; (2) to provide financial, advisory, and other support for the lee county economic development office (edo) and the horizon council of lee county, a public/private advisory board to the lee county board of county commissioners (lee bocc) created by lee county resolution 91-07-111, as amended; and (3) 10 provide financial end other support to such other organi2t1tions and entities that the corporation determines will promote and complement the interests and mission of the corporation, the edo, and/or the horizon council.

Form 990, Part XI, Line 9

Book / tax depreciation difference 888

Raw XML AppendixShowing 400 of 430 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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IRS990/PrincipalOfficerNm0WILLIAM JOHNSON
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION SUPPORTS AND PARTICIPATES IN THE ACTIVITIES OF THE HORIZON COUNCIL AND THE LEE COUNTY ECONOMIC DEVELOPMENT OFFICE TO RETAIN AND PROMOTE SOUTHWEST FLORIDA AS A BUSINESS DESTINATION THROUGH SOPHISTICATED MARKETING EFFORTS TO STRATEGICALLY ATTRACT AND RETAIN COMPANIES THAT DO OR WILL DO BUSINESS IN AND WITH LEE COUNTY.
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0MONITOR THE DATA ANALYTICS ASSOCIATED WITH LEARN PROGRAM AND DEVELOP LEE PROGRAMS (BOTH GRANT FUNDED) I.E. WEB VISITS, DEMOGRAPHIC PROFILE REPORTS, BUSINESS ASSISTANCE GUIDES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS UNDER SECTION 50L(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE) (THE "CODE"). SPECIFICALLY, THE MISSION AND PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED ARE: (1) TO SUPPORT, FOSTER, AND ENCOURAGE THE ECONOMIC DEVELOPMENT AND DIVERSITY OF BUSINESS INTERESTS IN LEE COUNTY, FLORIDA; (2) TO PROVIDE FINANCIAL, ADVISORY, AND OTHER SUPPORT FOR THE LEE COUNTY ECONOMIC DEVELOPMENT OFFICE (EDO) AND THE HORIZON COUNCIL OF LEE COUNTY, A PUBLIC/PRIVATE ADVISORY BOARD TO THE LEE COUNTY BOARD OF COUNTY COMMISSIONERS (LEE BOCC) CREATED BY LEE COUNTY RESOLUTION 91-07-111, AS AMENDED; AND (3) 10 PROVIDE FINANCIAL END OTHER SUPPORT TO SUCH OTHER ORGANI2T1TIONS AND ENTITIES THAT THE CORPORATION DETERMINES WILL PROMOTE AND COMPLEMENT THE INTERESTS AND MISSION OF THE CORPORATION, THE EDO, AND/OR THE HORIZON COUNCIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE COMMITTEE, CONSISTING OF THE OFFICERS AND OTHER MEMBERS OF THE BOARD OF DIRECTORS, CONDUCTS BUSINESS ON BEHALF OF THE FOUNDATION BETWEEN REGULAR MEETINGS. ALL DECISIONS AND ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE ARE RATIFIED BY THE BOARD AT THE NEXT GENERAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE ENTIRE FORM 990 IS PROVIDED TO THE HORIZON PRESIDENT PRIOR TO FILING. THE PRESIDENT HAS THE AUTHORITY TO ACCEPT THE FORM 990 ON BEHALF OF THE ENTIRE BOARD OF DIRECTORS AND SEEK APPROVAL VIA RATIFICATION AT THE NEXT EXECUTIVE COMMITTEE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FIRST EXECUTIVE DIRECTOR OF THE HORIZON FOUNDATION WAS EMPLOYED IN JANUARY 2022. THE ORGANIZATION STILL UTILIZES THE ASSISTANCE OF THE ECONOMIC DEVELOPMENT OFFICE TO CARRY OUT THE MISSION OF THE ORGANIZATION. PART VII LISTS 11 OFFICERS/DIRECTORS BUT ONLY 9 ARE LISTED ON PART VI SECTION A LINES 1A AND 1B, THE COUNCIL CHAIR DR. GUIDO MINAYA IS A NON- VOTING BOARD MEMBER OF THE FOUNDATION. WILLIAM JOHNSON IS EXECUTIVE DIRECTOR AND NOT A BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK / TAX DEPRECIATION DIFFERENCE 888
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
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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 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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