Is Horizon High School Of Madison Inc Legit?

Quick charity verification for Horizon High School Of Madison Inc (EIN: 201240272)

Verdict: Horizon High School Of Madison Inc appears trustworthy

92/100Mission Score
$813KRevenue
$497KAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Horizon High School Of Madison Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 High School Of Madison Inc

Is Horizon High School Of Madison Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Horizon High School Of Madison Inc (EIN: 201240272) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Horizon High School Of Madison Inc a good charity to donate to?

Horizon High School Of Madison Inc has a Mission Score of 92/100. Revenue: $813K. Assets: $497K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Horizon High School Of Madison Inc?

The Employer Identification Number (EIN) for Horizon High School Of Madison Inc is 201240272. 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 High School Of Madison Inc spend its money?

Horizon High School Of Madison Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Horizon High School Of Madison Inc's tax-exempt status?

You can verify Horizon High School Of Madison Inc's tax-exempt status using EIN 201240272 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 High School Of Madison Inc demonstrates a consistent operational history with generally stable financial growth over the past decade. The organization's revenue has shown a positive trend, increasing from $195,896 in 2014 to $480,539 in 2023, indicating growing support or demand for its services. While expenses have also risen, they have largely remained in line with or slightly below revenue, suggesting prudent financial management. For instance, in 2023, expenses were $490,245 against revenues of $480,539, showing a slight deficit, but this is not uncommon for a nonprofit. The organization's assets have grown significantly from $34,601 in 2014 to $268,293 in 2023, indicating a healthy accumulation of resources. Liabilities have remained relatively low, with a notable increase in 2022 to $70,384, but this was reduced to $2,588 in 2023, demonstrating effective debt management. The consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive indicator of financial health and transparency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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