Civic Intelligence

Horizon University Inc.

990 • Fiscal year 2022 • EIN 82-2277191

Jul 01, 2021 to Jun 30, 2022 • Filed on Sep 26, 2022

Organization ProfileWWW.HORIZONUNIVERSITY.EDU
7700 Indian Lake RdIndianapolis, IN 46236

(800) 553-4674

Siviq Scores

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

Liabilities / Assets

67th percentile

0.01x

Higher debt load relative to assets than 67% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

68th percentile

18%

Higher net margin than 68% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

83rd percentile

$15,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

79th percentile

34%

Faster asset growth than 79% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

57th percentile

18%

Faster revenue growth than 57% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$235,301

Up $59,586 (+34%) from 2021

Net Assets

Up

$232,263

Up $57,249 (+33%) from 2021

Liabilities

Up

$3,038

Up $2,337 (+333%) from 2021

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin68th percentile

Revenue

Up

$322,553

Up $49,549 (+18%) from 2021

Expenses

Up

$265,304

Up $19,768 (+8.1%) from 2021

Net Income

Up

$57,249

Up $29,781 (+108%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$400K$300K$200K$100K$0Assets 2018: $87,672Liabilities 2018: $4,342Net Assets 2018: $83,3302018Assets 2019: $84,234Liabilities 2019: $2,943Net Assets 2019: $81,2912019Assets 2020: $150,228Liabilities 2020: $2,682Net Assets 2020: $147,5462020Assets 2021: $175,715Liabilities 2021: $701Net Assets 2021: $175,0142021Assets 2022: $235,301Liabilities 2022: $3,038Net Assets 2022: $232,2632022Assets 2023: $234,480Liabilities 2023: $16,479Net Assets 2023: $218,0012023Assets 2024: $315,261Liabilities 2024: $1,249Net Assets 2024: $314,0122024Assets 2025: $391,020Liabilities 2025: $1,565Net Assets 2025: $389,4552025

Highlighted filing

2022

Assets$235,301
Liabilities$3,038
Net Assets$232,263
Open 2022 Filing

Operations Trend

Revenue Growth57th percentile

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

$600K$400K$200K$0-$200KRevenue 2018: $189,145Expenses 2018: $239,280Net Income 2018: -$50,1352018Revenue 2019: $213,044Expenses 2019: $215,087Net Income 2019: -$2,0432019Revenue 2020: $293,797Expenses 2020: $227,542Net Income 2020: $66,2552020Revenue 2021: $273,004Expenses 2021: $245,536Net Income 2021: $27,4682021Revenue 2022: $322,553Expenses 2022: $265,304Net Income 2022: $57,2492022Revenue 2023: $261,621Expenses 2023: $275,883Net Income 2023: -$14,2622023Revenue 2024: $404,306Expenses 2024: $308,295Net Income 2024: $96,0112024Revenue 2025: $417,564Expenses 2025: $342,121Net Income 2025: $75,4432025

Highlighted filing

2022

Revenue$322,553
Expenses$265,304
Net Income$57,249
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Sep 26, 2022
Return Version
2021v4.2
Gross Receipts
$322,553
Mission and Program Overview

Mission

Horizon enables students seeking christ-centered instruction to develop critical thinking skills, a broad knowledge base, and a biblically integrated understanding of their vocation, so that they will successfully inspire servant leadership as they excel in their profession and as they win, disciple, and send others for jesus christ.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$124,491$198,089▲ $73,598
Land, Buildings, and Equipment, Net$38,681$31,977▼ $6,704
Accounts Receivable$12,543$5,235▼ $7,308
Total Assets$175,715$235,301▲ $59,586
Liabilities
Accounts Payable and Accrued Expenses$701$3,038▲ $2,337
Total Liabilities$701$3,038▲ $2,337
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$175,014$232,263▲ $57,249
Total Net Assets Fund Balance$175,014$232,263▲ $57,249
Total Liabilities and Net Assets / Fund Balance$175,715$235,301▲ $59,586

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,977$128,681$160,658
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Randall DodgePresidentPT$15,000$15,000
Debbie MarshallCFOPT$10,679$10,679

Board Members and Trustees

NameTitle
Bill GoodrichChairman
Mike MacintoshChairman Emeritus
David HollyV. Chairman
Dana MannixTrustee
Jose DelgadoTrustee
Bernadette PabloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$151,064
Program Service Revenue
$163,639
Investment Income
$1
Other Revenue
$7,849
All Other Contributions
$102,872
Change in Net Assets
$57,249

Audited Revenue Reconciliation

Revenue per Audited Statements
$322,553
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$322,553
Total Revenue per Form 990
$322,553
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$151,280
Salaries, Compensation, and Employee Benefits$114,024
Total Fundraising Expense$1,038
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$32,252$45,302-$77,554
Office Expenses$17,340$23,864$1,038$42,242
Occupancy$32,100$6,900-$39,000
Current Officers, Directors, Trustees, and Key Employees$10,528$15,151-$25,679
Fees for Services Other$12,288$5,395-$17,683
Payroll Taxes-$10,310-$10,310
Fees for Services Accounting-$8,791-$8,791
Information Technology-$8,132-$8,132
Advertising-$6,727-$6,727
Depreciation Depletion$6,377$327-$6,704
Conferences and Meetings-$2,625-$2,625
Insurance-$1,981-$1,981
Travel-$1,811-$1,811
Other Expenses$650--$650
Other Employee Benefits$96$385-$481
Total Functional Expenses$126,565$137,701$1,038$265,304

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$265,304
Total Expenses per Audited Statements$265,304
Total Expenses per Form 990$265,304
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$410
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
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 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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The tax return is provided to the horizon's board of trustees for review. Upon approval, the tax return is filed with the internal revenue service.”

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

“Horizon's policy dictates that all directors, officers, agents and employees must disclose and report any potential issues that could give rise to a conflict of interest. Each trustee signs a declaration each year to indicate any conflict or attest to the fact that there were not conflicts.”

Form 990, Part VI, Section B, Line 15

“The president, a nonvoting member, attends the board of trustee meetings. Therefore, an executive committee of the board determines and approves compensation for the president. Other than the president there are no other directors, offices, top management officials, or key employees that receive compensation.”

Form 990, Part VI, Section C, Line 19

“The governing documents are provided on request by the university, after the request has been reviewed and approved.”

Filing and Contact Details

Filer

Filer Name
Horizon University Inc
EIN
82-2277191
Phone
8005534674
Address
7700 INDIAN LAKE RD, INDIANAPOLIS, IN 46236

Signing Officer

Name
William Goodrich
Title
Chairman
Phone
8005534674
Signed
2022-09-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Goodrich
Formed
2017
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
6
Volunteers
10

Preparer

Firm
Lemler Group LLC
Address
5625 N POST ROAD SUITE 104, INDIANAPOLIS, IN 46216
Preparer
David W Lemler CPA
Phone
3174490121
Supplemental Narrative

Additional Explanations

Part XII, Lince 2C

“Horizon's board of directors assumes responsibility for the oversight of the financial statements, tax returns and responsible for the selection of independent accountants.”

Financial Statement Notes

PART X, LINE 2:

“Horizon is exempt from federal and state income tax under the provisions of section 501(c)(3) of the internal revenue code; therefore, no provision for income taxes was made in the financial statements. Horizon is classified as an entity that is not a private foundation within the meaning of section 509(a) and qualifies for deductible contributions as provided in section 170(b)(1)(a)(ii). Horizon examines its tax positions for uncertain positions. Horizon is not aware of any tax positions that are more likely than not to change in the next 12 months, or that would not sustain an examination by applicable taxing authorities. Horizon's policy is to recognize penalties and interest as incurred in its statement of activities as a component of operating expenses.”

Raw XML AppendixShowing 400 of 415 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0701
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03038
IRS990/AccountsReceivableGrp/BOYAmt012543
IRS990/AccountsReceivableGrp/EOYAmt05235
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0HORIZON ENABLES STUDENTS SEEKING CHRIST-CENTERED INSTRUCTION TO DEVELOP CRITICAL THINKING SKILLS, A BROAD KNOWLEDGE BASE, AND A BIBLICALLY INTEGRATED UNDERSTANDING OF THEIR VOCATION, SO THAT THEY WILL SUCCESSFULLY INSPIRE SERVANT LEADERSHIP AS THEY EXCEL IN THEIR PROFESSION AND AS THEY WIN, DISCIPLE, AND SEND OTHERS FOR JESUS CHRIST.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt06727
IRS990/AdvertisingGrp/TotalAmt06727
IRS990/AllOtherContributionsAmt0102872
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DEBBIE MARSHALL
IRS990/BooksInCareOfDetail/PhoneNum08005534674
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07700 INDIAN LAKE ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046236
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0124491
IRS990/CashNonInterestBearingGrp/EOYAmt0198089
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt015151
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt010528
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt025679
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02625
IRS990/ConferencesMeetingsGrp/TotalAmt02625
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0151064
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01
IRS990/CYOtherExpensesAmt0151280
IRS990/CYOtherRevenueAmt07849
IRS990/CYProgramServiceRevenueAmt0163639
IRS990/CYRevenuesLessExpensesAmt057249
IRS990/CYSalariesCompEmpBnftPaidAmt0114024
IRS990/CYTotalExpensesAmt0265304
IRS990/CYTotalFundraisingExpenseAmt01038
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0322553
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0327
IRS990/DepreciationDepletionGrp/ProgramServicesAmt06377
IRS990/DepreciationDepletionGrp/TotalAmt06704
IRS990/Desc0ONSITE AND ONLINE INSTRUCTIONAL OFFERINGS ASSOICATES AND BACHELOR DEGREES
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0126565
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08791
IRS990/FeesForServicesAccountingGrp/TotalAmt08791
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05395
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt012288
IRS990/FeesForServicesOtherGrp/TotalAmt017683
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt615.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt718.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE MACINTOSH
IRS990/Form990PartVIISectionAGrp/PersonNm1BILL GOODRICH
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID HOLLY
IRS990/Form990PartVIISectionAGrp/PersonNm3BERNADETTE PABLO
IRS990/Form990PartVIISectionAGrp/PersonNm4JOSE DELGADO
IRS990/Form990PartVIISectionAGrp/PersonNm5DANA MANNIX
IRS990/Form990PartVIISectionAGrp/PersonNm6RANDALL DODGE
IRS990/Form990PartVIISectionAGrp/PersonNm7DEBBIE MARSHALL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt615000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt710679
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2V. CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt0410
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt048192
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0322553
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt08132
IRS990/InformationTechnologyGrp/TotalAmt08132
IRS990/InsuranceGrp/ManagementAndGeneralAmt01981
IRS990/InsuranceGrp/TotalAmt01981
IRS990/InvestmentIncomeGrp/ExclusionAmt01
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0128681
IRS990/LandBldgEquipBasisNetGrp/BOYAmt038681
IRS990/LandBldgEquipBasisNetGrp/EOYAmt031977
IRS990/LandBldgEquipCostOrOtherBssAmt0160658
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0HORIZON ENABLES STUDENTS SEEKING CHRIST-CENTERED INSTRUCTION TO DEVELOP CRITICAL THINKING SKILLS, A BROAD KNOWLEDGE BASE, AND A BIBLICALLY INTEGRATED UNDERSTANDING OF THEIR VOCATION, SO THAT THEY WILL SUCCESSFULLY INSPIRE SERVANT LEADERSHIP AS THEY EXCEL IN THEIR PROFESSION AND AS THEY WIN, DISCIPLE, AND SEND OTHERS FOR JESUS CHRIST.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0175014
IRS990/NetAssetsOrFundBalancesEOYAmt0232263
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0410
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0410
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0175014
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0232263
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06900
IRS990/OccupancyGrp/ProgramServicesAmt032100
IRS990/OccupancyGrp/TotalAmt039000
IRS990/OfficeExpensesGrp/FundraisingAmt01038
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023864
IRS990/OfficeExpensesGrp/ProgramServicesAmt017340
IRS990/OfficeExpensesGrp/TotalAmt042242
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0385
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt096
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0481
IRS990/OtherExpensesGrp/Desc0STUDENT ASSISTANCE
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/ProgramServicesAmt014934
IRS990/OtherExpensesGrp/ProgramServicesAmt1650
IRS990/OtherExpensesGrp/TotalAmt014934
IRS990/OtherExpensesGrp/TotalAmt1650
IRS990/OtherRevenueMiscGrp/BusinessCd0999999
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07439
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07439
IRS990/OtherRevenueTotalAmt07439
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt045302
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt032252
IRS990/OtherSalariesAndWagesGrp/TotalAmt077554
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010310
IRS990/PayrollTaxesGrp/TotalAmt010310
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0WILLIAM GOODRICH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0163639
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0163639
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0154780
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01
IRS990/PYOtherExpensesAmt0143700
IRS990/PYOtherRevenueAmt010825
IRS990/PYProgramServiceRevenueAmt0107398
IRS990/PYRevenuesLessExpensesAmt027468
IRS990/PYSalariesCompEmpBnftPaidAmt0101836
IRS990/PYTotalExpensesAmt0245536
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0273004
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt057249
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0171078
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt031977
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0128681
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0160658
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0265304
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0322553
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0HORIZON IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES WAS MADE IN THE FINANCIAL STATEMENTS. HORIZON IS CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(II). HORIZON EXAMINES ITS TAX POSITIONS FOR UNCERTAIN POSITIONS. HORIZON IS NOT AWARE OF ANY TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO CHANGE IN THE NEXT 12 MONTHS, OR THAT WOULD NOT SUSTAIN AN EXAMINATION BY APPLICABLE TAXING AUTHORITIES. HORIZON'S POLICY IS TO RECOGNIZE PENALTIES AND INTEREST AS INCURRED IN ITS STATEMENT OF ACTIVITIES AS A COMPONENT OF OPERATING EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt031977
IRS990ScheduleD/TotalExpensesPerForm990Amt0265304
IRS990ScheduleD/TotalRevenuePerForm990Amt0322553
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0322553
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0265304
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0HORIZON MAINTAINS A PUBLICATION REGARDING RACIAL NONDISCRIMINATORY POLICIES IN THE UNIVERSITY'S ENROLLMENT INFORMATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1HORIZON RECEIVES PELL GRANTS AND STUDENT LOANS TO COVER TUITION AND TUITION RELATED EXPENSES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX RETURN IS PROVIDED TO THE HORIZON'S BOARD OF TRUSTEES FOR REVIEW. UPON APPROVAL, THE TAX RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HORIZON'S POLICY DICTATES THAT ALL DIRECTORS, OFFICERS, AGENTS AND EMPLOYEES MUST DISCLOSE AND REPORT ANY POTENTIAL ISSUES THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. EACH TRUSTEE SIGNS A DECLARATION EACH YEAR TO INDICATE ANY CONFLICT OR ATTEST TO THE FACT THAT THERE WERE NOT CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT, A NONVOTING MEMBER, ATTENDS THE BOARD OF TRUSTEE MEETINGS. THEREFORE, AN EXECUTIVE COMMITTEE OF THE BOARD DETERMINES AND APPROVES COMPENSATION FOR THE PRESIDENT. OTHER THAN THE PRESIDENT THERE ARE NO OTHER DIRECTORS, OFFICES, TOP MANAGEMENT OFFICIALS, OR KEY EMPLOYEES THAT RECEIVE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS ARE PROVIDED ON REQUEST BY THE UNIVERSITY, AFTER THE REQUEST HAS BEEN REVIEWED AND APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4HORIZON'S BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE FINANCIAL STATEMENTS, TAX RETURNS AND RESPONSIBLE FOR THE SELECTION OF INDEPENDENT ACCOUNTANTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
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/FormAndLineReferenceDesc4PART XII, LINCE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0175715
IRS990/TotalAssetsEOYAmt0235301
IRS990/TotalAssetsGrp/BOYAmt0175715
IRS990/TotalAssetsGrp/EOYAmt0235301
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0151064
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01038
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0137701
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0126565
IRS990/TotalFunctionalExpensesGrp/TotalAmt0265304
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0701
IRS990/TotalLiabilitiesEOYAmt03038
IRS990/TotalLiabilitiesGrp/BOYAmt0701
IRS990/TotalLiabilitiesGrp/EOYAmt03038
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0175014
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0232263
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0126565
IRS990/TotalProgramServiceRevenueAmt0163639
IRS990/TotalReportableCompFromOrgAmt025679
IRS990/TotalRevenueGrp/ExclusionAmt0411
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0171078
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0322553
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0175715
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0235301
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01811
IRS990/TravelGrp/TotalAmt01811
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07700 INDIAN LAKE RD
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046236
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.HORIZONUNIVERSITY.EDU
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM GOODRICH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08005534674
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HORIZON UNIVERSITY INC
ReturnHeader/Filer/BusinessNameControlTxt0HORI
ReturnHeader/Filer/EIN0822277191
ReturnHeader/Filer/PhoneNum08005534674
ReturnHeader/Filer/USAddress/AddressLine1Txt07700 INDIAN LAKE RD
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046236
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0331215017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$235,301
Liabilities
$3,038
Net assets
$232,263
Revenue
$322,553
Expenses
$265,304
Net income
$57,249
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.91$0.02$3.89$4.18$3.42$0.75
2024Detailed filing. Detailed filing data is available for this year.$3.15$0.01$3.14$4.04$3.08$0.96
2023Detailed filing. Detailed filing data is available for this year.$2.34$0.16$2.18$2.62$2.76$0.14
2022Detailed filing. Detailed filing data is available for this year.$2.35$0.03$2.32$3.23$2.65$0.57
2021Detailed filing. Detailed filing data is available for this year.$1.76$0.01$1.75$2.73$2.46$0.27
2020Detailed filing. Detailed filing data is available for this year.$1.50$0.03$1.48$2.94$2.28$0.66
2019Detailed filing. Detailed filing data is available for this year.$0.84$0.03$0.81$2.13$2.15$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.88$0.04$0.83$1.89$2.39$0.50
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits