Quick charity verification for Horizon Foundation (EIN: 204463152)
Verdict: Horizon Foundation has notable concerns
10/100Mission Score
$1Revenue
$15KAssets
2Red Flags
2Strengths
Red Flags
Consistently minimal revenue and expenses ($1) for multiple years, suggesting inactivity.
Lack of detailed financial activity makes it impossible to assess program effectiveness or spending efficiency.
Strengths
Consistent filing of IRS Form 990s, indicating compliance with reporting requirements.
Stable asset base of $15,000 with low liabilities.
Spending Breakdown
How Horizon Foundation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Horizon Foundation
Is Horizon Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Horizon Foundation (EIN: 204463152) has notable concerns. Mission Score: 10/100. 2 red flags identified, 2 strengths noted.
Is Horizon Foundation a good charity to donate to?
Horizon Foundation has a Mission Score of 10/100. Revenue: $1. Assets: $15K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Horizon Foundation?
The Employer Identification Number (EIN) for Horizon Foundation is 204463152. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Horizon Foundation spend its money?
Horizon Foundation allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Horizon Foundation's tax-exempt status?
You can verify Horizon Foundation's tax-exempt status using EIN 204463152 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Horizon Foundation appears to be a very small organization with minimal financial activity. For the past several years (2019-2023), its reported revenue and expenses have consistently been $1, indicating a largely inactive or placeholder status. Its assets have remained stable at $15,000, with liabilities at $190 in recent years. This consistent, extremely low level of financial activity makes it difficult to assess traditional metrics of financial health or spending efficiency, as there's virtually no operational spending to analyze.
The organization's transparency is adequate in terms of filing its IRS Form 990s, but the filings themselves offer little insight into programmatic impact given the negligible financial figures. The lack of officer compensation reported across all filings suggests either a volunteer-run structure or that compensation is handled outside the scope of these minimal financial transactions. Overall, it functions more like a dormant entity rather than an actively operating nonprofit.