Is Horizon Health Services Inc Legit? —…

Strengths

Strong program spending ratio of 75% of total expenses, indicating efficient use of funds for its mission.
Consistent and significant revenue growth over the past decade, from $23.8M in 2014 to $45.7M in 2023.
Healthy and growing asset base, increasing from $13.7M in 2014 to $34.2M in 2023, demonstrating financial stability.
Low administrative and fundraising overhead, with only 15% for admin and 10% for fundraising.
Consistent generation of annual surpluses, such as the $391,115 surplus in 2023, contributing to financial resilience.

Spending Breakdown

How Horizon Health Services Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 Health Services Inc

Is Horizon Health Services Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Horizon Health Services Inc (EIN: 166198498) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is Horizon Health Services Inc a good charity to donate to?

Horizon Health Services Inc has a Mission Score of 90/100. Revenue: $63.6M. Assets: $38.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Horizon Health Services Inc?

The Employer Identification Number (EIN) for Horizon Health Services Inc is 166198498. 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 Health Services Inc spend its money?

Horizon Health Services Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Horizon Health Services Inc's tax-exempt status?

You can verify Horizon Health Services Inc's tax-exempt status using EIN 166198498 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

Horizon Health Services Inc demonstrates consistent financial growth and a strong commitment to its program services. Over the past decade, the organization's revenue has steadily increased from $23,827,774 in 2014 to $45,762,885 in 2023, indicating robust operational expansion. The organization consistently spends a high percentage of its expenses on programs, with 75% allocated to direct services, reflecting efficient use of donor funds towards its mission. This is further supported by a healthy asset base, growing from $13,699,959 in 2014 to $34,250,602 in 2023, suggesting good financial management and sustainability.

The organization maintains a lean administrative overhead, with only 15% of expenses going to management and general costs, and a modest 10% on fundraising. This efficient spending allocation contributes to a high mission score. Furthermore, the consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a focus on mission over executive pay, although it's important to verify if this means compensation is reported under other categories or if executives are truly unpaid. The organization's liabilities have remained manageable relative to its assets, indicating financial stability.

Overall, Horizon Health Services Inc appears to be a financially healthy and efficient nonprofit. Its consistent growth, strong program spending ratio, and apparent lack of reported officer compensation contribute to a positive assessment of its financial health and transparency. The organization's ability to consistently generate surpluses, such as the $391,115 surplus in 2023 ($45,762,885 revenue vs. $45,371,770 expenses), further solidifies its financial stability and capacity for future growth and impact.

Is Horizon Health Services Inc Legit?

Verdict: Horizon Health Services Inc appears trustworthy

Red Flags