Quick charity verification for Horizons Counseling Center Inc (EIN: 20438582)
Verdict: Horizons Counseling Center Inc appears trustworthy
75/100Mission Score
$666KRevenue
$1.0MAssets
3Red Flags
4Strengths
Red Flags
Consistent operating deficits in recent years (e.g., $257,792 in 2023 and $178,890 in 2022).
Significant decline in revenue from a peak of $1,395,405 in 2020 to $657,069 in 2023.
Decrease in total assets from $1,426,690 in 2021 to $1,002,206 in 2023, potentially indicating a draw-down on reserves.
Strengths
No reported officer compensation across all filings, indicating a strong commitment to directing funds to the mission.
Low liabilities relative to assets, suggesting good debt management (e.g., $24,404 liabilities vs. $1,002,206 assets in 2023).
Consistent filing history (13 filings) demonstrates transparency and compliance.
Significant asset growth over the long term, from $16,248 in 2015 to over $1 million in recent years.
Spending Breakdown
How Horizons Counseling Center Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Horizons Counseling Center Inc
Is Horizons Counseling Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Horizons Counseling Center Inc (EIN: 20438582) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Horizons Counseling Center Inc a good charity to donate to?
Horizons Counseling Center Inc has a Mission Score of 75/100. Revenue: $666K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Horizons Counseling Center Inc?
The Employer Identification Number (EIN) for Horizons Counseling Center Inc is 20438582. 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 Horizons Counseling Center Inc spend its money?
Horizons Counseling Center Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Horizons Counseling Center Inc's tax-exempt status?
You can verify Horizons Counseling Center Inc's tax-exempt status using EIN 20438582 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
Horizons Counseling Center Inc. demonstrates a mixed financial picture. While the organization has maintained a consistent presence with 13 filings, recent years show a trend of expenses exceeding revenue. For example, in 2023, expenses were $914,861 against revenues of $657,069, and in 2022, expenses were $863,184 against revenues of $684,294. This indicates a reliance on prior year surpluses or other funding sources to cover operational costs, which is not sustainable long-term. The organization's assets have fluctuated, peaking around $1.4 million in 2021 but declining to $1.0 million in 2023, suggesting a draw-down on reserves.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings is a positive indicator of fiscal responsibility and a commitment to directing funds towards the mission rather than executive salaries. The low liabilities relative to assets, such as $24,404 in liabilities against $1,002,206 in assets in 2023, suggests good financial management regarding debt.
Transparency appears to be strong in terms of executive compensation, with no reported officer compensation. The consistent filing of IRS Form 990s over many years also indicates a commitment to public disclosure. However, without more granular expense data, it's challenging to fully evaluate the efficiency of their spending across different categories. The recent trend of operating deficits warrants closer examination to understand the underlying causes and the organization's strategy to return to a more balanced financial state.