Civic Intelligence

Horizonte Scholarship Fund Inc.

990EZ • Fiscal year 2021 • EIN 82-3632171

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 06, 2022

Organization Profilehorizonte.slcschools.org
2049 East Herbert AveSalt Lake City, UT 84108

(801) 560-6401

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

47th percentile

6.7%

Higher net margin than 47% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

75th percentile

36%

Faster asset growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

36th percentile

-13%

Faster revenue growth than 36% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$22,736

Up $6,069 (+36%) from 2020

Net Assets

Up

$22,736

Up $6,069 (+36%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin47th percentile

Revenue

Down

$90,900

Down $13,240 (-13%) from 2020

Expenses

Down

$84,831

Down $19,520 (-19%) from 2020

Net Income

Up

$6,069

Up $6,280 (+2976%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$60K$40K$20K$0Assets 2019: $16,878Liabilities 2019: $0Net Assets 2019: $16,8782019Assets 2020: $16,667Liabilities 2020: $0Net Assets 2020: $16,6672020Assets 2021: $22,736Liabilities 2021: $0Net Assets 2021: $22,7362021Assets 2022: $49,646Liabilities 2022: $0Net Assets 2022: $49,6462022Assets 2023: $55,808Liabilities 2023: $0Net Assets 2023: $55,8082023Assets 2024: $14,546Net Assets 2024: $14,5462024

Highlighted filing

2021

Assets$22,736
Liabilities$0
Net Assets$22,736
Open 2021 Filing

Operations Trend

Revenue Growth36th percentile

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

$150K$100K$50K$0-$50KRevenue 2019: $77,000Expenses 2019: $63,122Net Income 2019: $13,8782019Revenue 2020: $104,140Expenses 2020: $104,351Net Income 2020: -$2112020Revenue 2021: $90,900Expenses 2021: $84,831Net Income 2021: $6,0692021Revenue 2022: $93,700Expenses 2022: $66,790Net Income 2022: $26,9102022Revenue 2023: $105,789Expenses 2023: $99,587Net Income 2023: $6,2022023Revenue 2024: $91,202Expenses 2024: $122,295Net Income 2024: -$31,0932024

Highlighted filing

2021

Revenue$90,900
Expenses$84,831
Net Income$6,069
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 6, 2022
Return Version
2021v4.2
Gross Receipts
$90,900
Mission and Program Overview

Mission

To provide scholarships for deserving students.

To provide scholarships for deserving students

Program Services

DescriptionGrantsExpenses
We provide students scholarships throughout state of Utah who are graduates from Horizonte Instruction and Training Center or who have achieved completer ELL English-language learner status at Horizonte.$84,831$84,831
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hugh Ric HarnsbergerPresidentPT$0--
Kimball YoungTreasurer / Secretary-$0--
James AndersenDirector-$0--
Filing and Contact Details

Filer

Filer Name
Horizonte Scholarship Fund Inc
EIN
82-3632171
Phone
8015606401
Address
2049 East Herbert Ave, Salt Lake City, UT 84108

Signing Officer

Name
Kimball Young
Title
Treasurer
Phone
8015606401
Signed
2022-06-06
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Group Inc
Address
2451 Atrium Way Suite 300, Nashville, TN 37214
Preparer
William G McRay EA
Phone
6153619445
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10, Grants Paid

“Activity Charitable Giving, Grantee Salt Lake Community College 4600 South Redwood Road Salt Lake City UT 84123, Cash Grant 79,300, Relationship”

Form 990-EZ, Part I, Line 10, Grants Paid

“Activity Charitable Giving, Grantee Davis Tech 550 E 300 S Kaysville UT 84037, Cash Grant 5,531, Relationship”

Raw XML Appendix131 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
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt084831
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt084831
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0UT
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TotalRevenueAmt090900
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0horizonte.slcschools.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt090900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0104140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt077000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt051875
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0329165
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportTotal170Amt0329165
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0329165
IRS990ScheduleA/TotalSupportAmt0329165
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Charitable Giving, Grantee Salt Lake Community College 4600 South Redwood Road Salt Lake City UT 84123, Cash Grant 79,300, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Charitable Giving, Grantee Davis Tech 550 E 300 S Kaysville UT 84037, Cash Grant 5,531, Relationship
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10, Grants Paid
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ReturnHeader/BusinessOfficerGrp/PhoneNum08015606401
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ReturnHeader/Filer/EIN0823632171
ReturnHeader/Filer/PhoneNum08015606401
ReturnHeader/Filer/USAddress/AddressLine1Txt02049 East Herbert Ave
ReturnHeader/Filer/USAddress/CityNm0Salt Lake City
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084108
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621813735
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Nashville
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037214
ReturnHeader/PreparerPersonGrp/PhoneNum06153619445
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William G McRay EA
ReturnHeader/ReturnTs02022-06-06T04:29:33-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kimball
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Young
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,736
Liabilities
$0
Net assets
$22,736
Revenue
$90,900
Expenses
$84,831
Net income
$6,069
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.15$0.15$0.91$1.22$0.31
2023Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$1.06$1.00$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.94$0.67$0.27
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.91$0.85$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$1.04$1.04$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.77$0.63$0.14