Frontier Horizon Inc
EIN: 542034061 · Virginia Bch, VA · NTEE: C99
| Metric | Value |
|---|---|
| Total Revenue | $416K |
| Total Expenses | $543K |
| Net Assets | $-199,991 |
Is Frontier Horizon Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Frontier Horizon Inc
Frontier Horizon Inc (EIN: 542034061) is a nonprofit organization based in Virginia Bch, VA, classified under NTEE code C99. The organization reported total revenue of $416K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frontier Horizon Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frontier Horizon Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $424K |
| Total Expenses | $543K |
| Surplus / Deficit | $-119,211 |
| Total Assets | $59K |
| Total Liabilities | $259K |
| Net Assets | $-199,991 |
| Operating Margin | -28.1% |
| Debt-to-Asset Ratio | 440.5% |
| Months of Reserves | 1.3 months |
Financial Health Grade: D
In 2023, Frontier Horizon Inc reported a deficit of $119K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 440.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Frontier Horizon Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -49.0% | -35.1% | -63.1% |
| 2022 | +145.9% | +138.6% | +83.1% |
| 2021 | +671.2% | +247.3% | +85.5% |
| 2020 | -81.1% | -54.6% | +19.6% |
| 2019 | -15.9% | +11.1% | -28.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Frontier Horizon Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Frontier Horizon Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $119K, with expenses exceeding revenue.
- Debt-to-asset ratio: 440.5%.
Frequently Asked Questions about Frontier Horizon Inc
Is Frontier Horizon Inc a legitimate charity?
Frontier Horizon Inc (EIN: 542034061) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $416K. No red flags identified. Financial health grade: D.
How does Frontier Horizon Inc spend its money?
Frontier Horizon Inc reported $416K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Frontier Horizon Inc tax-deductible?
Frontier Horizon Inc is registered as a tax-exempt nonprofit (EIN: 542034061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Frontier Horizon Inc located?
Frontier Horizon Inc is headquartered in Virginia Bch, Virginia and files with the IRS under EIN 542034061. It is classified under NTEE code C99.
How many years of IRS 990 filings does Frontier Horizon Inc have?
Frontier Horizon Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $416K in total revenue.
Filing History
IRS 990 filing history for Frontier Horizon Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Frontier Horizon Inc's revenue has declined by 8.8%, moving from $465K to $424K. Total assets decreased by 47.1% over the same period, from $111K to $59K. Total functional expenses rose by 23.1%, from $441K to $543K. In its most recent filing year (2023), Frontier Horizon Inc reported a deficit of $119K, with expenses exceeding revenue. The organization holds $259K in liabilities against $59K in assets (debt-to-asset ratio: 440.5%), resulting in net assets of $-199,991.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $424K | $543K | $59K | $259K | — | View 990 |
| 2022 | $831K | $837K | $159K | $240K | — | — |
| 2021 | $338K | $351K | $87K | $163K | — | View 990 |
| 2020 | $44K | $101K | $47K | $110K | — | View 990 |
| 2019 | $232K | $222K | $39K | $40K | — | View 990 |
| 2018 | $275K | $200K | $54K | $65K | — | View 990 |
| 2017 | $210K | $203K | $33K | $118K | — | View 990 |
| 2016 | $257K | $204K | $24K | $116K | — | View 990 |
| 2015 | $238K | $237K | $26K | $171K | — | View 990 |
| 2014 | $185K | $220K | $12K | $158K | — | View 990 |
| 2013 | $265K | $308K | $46K | $158K | — | View 990 |
| 2012 | $354K | $384K | $41K | $110K | — | View 990 |
| 2011 | $465K | $441K | $111K | $150K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $424K, expenses of $543K, and assets of $59K (revenue -49.0% year-over-year).
- 2022: Revenue of $831K, expenses of $837K, and assets of $159K (revenue +145.9% year-over-year).
- 2021: Revenue of $338K, expenses of $351K, and assets of $87K (revenue +671.2% year-over-year).
- 2020: Revenue of $44K, expenses of $101K, and assets of $47K (revenue -81.1% year-over-year).
- 2019: Revenue of $232K, expenses of $222K, and assets of $39K (revenue -15.9% year-over-year).
- 2018: Revenue of $275K, expenses of $200K, and assets of $54K (revenue +30.8% year-over-year).
- 2017: Revenue of $210K, expenses of $203K, and assets of $33K (revenue -18.1% year-over-year).
- 2016: Revenue of $257K, expenses of $204K, and assets of $24K (revenue +8.1% year-over-year).
- 2015: Revenue of $238K, expenses of $237K, and assets of $26K (revenue +28.1% year-over-year).
- 2014: Revenue of $185K, expenses of $220K, and assets of $12K (revenue -29.9% year-over-year).
- 2013: Revenue of $265K, expenses of $308K, and assets of $46K (revenue -25.2% year-over-year).
- 2012: Revenue of $354K, expenses of $384K, and assets of $41K (revenue -23.9% year-over-year).
- 2011: Revenue of $465K, expenses of $441K, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frontier Horizon Inc:
Data Sources and Methodology
This transparency report for Frontier Horizon Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.