Limited financial reserves relative to annual operating expenses.
Strengths
Consistent financial operations with revenues closely matching expenses.
Zero reported officer compensation across all filings, indicating strong commitment to mission.
Long history of IRS 990 filings, demonstrating regulatory compliance and transparency.
Lean operational model suggested by tight revenue-expense margins.
Spending Breakdown
How Horizons Unlimited Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Unlimited Inc
Is Horizons Unlimited Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Horizons Unlimited Inc (EIN: 10431293) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Horizons Unlimited Inc a good charity to donate to?
Horizons Unlimited Inc has a Mission Score of 85/100. Revenue: $185K. Assets: $49K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Horizons Unlimited Inc?
The Employer Identification Number (EIN) for Horizons Unlimited Inc is 10431293. 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 Unlimited Inc spend its money?
Horizons Unlimited Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Horizons Unlimited Inc's tax-exempt status?
You can verify Horizons Unlimited Inc's tax-exempt status using EIN 10431293 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 Unlimited Inc demonstrates consistent financial activity, with revenues and expenses closely matched across its filing history, indicating a stable operational model. For example, in 2023, revenue was $207,295 against expenses of $207,440. The organization consistently reports zero officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. However, the relatively low asset base compared to annual revenue (e.g., $49,392 in assets against $207,295 revenue in 2023) suggests limited financial reserves, which could pose a risk in unforeseen circumstances.
The organization's spending efficiency appears high given the tight correlation between revenue and expenses, implying that most incoming funds are directly utilized for operations. The absence of reported officer compensation further supports efficient resource allocation. While specific program spending percentages are not detailed in the provided data, the overall financial picture suggests a lean operation. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to regulatory compliance and transparency in its financial reporting.