Horizon Community Engagement Corporation
EIN: 263052918 · Columbus, OH · NTEE: I43
Is Horizon Community Engagement Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Horizon Community Engagement Corporation
Horizon Community Engagement Corporation (EIN: 263052918) is a nonprofit organization based in Columbus, OH, classified under NTEE code I43. The organization reported total revenue of $337K and total assets of $156K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horizon Community Engagement Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horizon Community Engagement Corporation is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $370K |
| Total Expenses | $271K |
| Surplus / Deficit | +$99K |
| Total Assets | $181K |
| Total Liabilities | $2K |
| Net Assets | $178K |
| Operating Margin | 26.8% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 8.0 months |
Financial Health Grade: A
In 2024, Horizon Community Engagement Corporation reported a surplus of $99K with revenue exceeding expenses, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2024), Horizon Community Engagement Corporation's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.8% | +0.7% | +101.9% |
| 2023 | +238.2% | +154.3% | +342.4% |
| 2022 | +30.4% | -23.1% | -17.0% |
| 2020 | -56.3% | -20.6% | -63.6% |
| 2019 | -12.9% | +1.1% | +43.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Horizon Community Engagement Corporation 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 Horizon Community Engagement Corporation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $99K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Horizon Community Engagement Corporation
Is Horizon Community Engagement Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Horizon Community Engagement Corporation (EIN: 263052918) insufficient data. 0 red flags identified, 0 strengths noted.
How does Horizon Community Engagement Corporation spend its money?
Detailed spending breakdown data is not yet available for Horizon Community Engagement Corporation. Check back for updated IRS 990 analysis.
Are donations to Horizon Community Engagement Corporation tax-deductible?
Horizon Community Engagement Corporation is registered as a tax-exempt nonprofit (EIN: 263052918). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Horizon Community Engagement Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Horizon Community Engagement Corporation's revenue has grown by 95.3%, moving from $189K to $370K. Total assets increased by 113.3% over the same period, from $85K to $181K. Total functional expenses rose by 83.7%, from $147K to $271K. In its most recent filing year (2024), Horizon Community Engagement Corporation reported a surplus of $99K, with revenue exceeding expenses. The organization holds $2K in liabilities against $181K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $178K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $370K | $271K | $181K | $2K | — | — |
| 2023 | $350K | $269K | $89K | $10K | — | View 990 |
| 2022 | $103K | $106K | $20K | $8K | — | View 990 |
| 2020 | $79K | $137K | $24K | $28K | — | — |
| 2019 | $181K | $173K | $67K | $12K | — | View 990 |
| 2018 | $208K | $171K | $47K | $0 | — | View 990 |
| 2017 | $149K | $191K | $23K | $3K | — | View 990 |
| 2016 | $271K | $305K | $67K | $5K | — | View 990 |
| 2015 | $273K | $266K | $96K | $0 | — | View 990 |
| 2014 | $264K | $290K | $87K | $0 | — | View 990 |
| 2013 | $330K | $306K | $113K | $0 | — | View 990 |
| 2012 | $133K | $122K | $89K | $0 | — | View 990 |
| 2011 | $189K | $147K | $85K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $370K, expenses of $271K, and assets of $181K (revenue +5.8% year-over-year).
- 2023: Revenue of $350K, expenses of $269K, and assets of $89K (revenue +238.2% year-over-year).
- 2022: Revenue of $103K, expenses of $106K, and assets of $20K (revenue +30.4% year-over-year).
- 2020: Revenue of $79K, expenses of $137K, and assets of $24K (revenue -56.3% year-over-year).
- 2019: Revenue of $181K, expenses of $173K, and assets of $67K (revenue -12.9% year-over-year).
- 2018: Revenue of $208K, expenses of $171K, and assets of $47K (revenue +40.0% year-over-year).
- 2017: Revenue of $149K, expenses of $191K, and assets of $23K (revenue -45.2% year-over-year).
- 2016: Revenue of $271K, expenses of $305K, and assets of $67K (revenue -0.8% year-over-year).
- 2015: Revenue of $273K, expenses of $266K, and assets of $96K (revenue +3.5% year-over-year).
- 2014: Revenue of $264K, expenses of $290K, and assets of $87K (revenue -20.0% year-over-year).
- 2013: Revenue of $330K, expenses of $306K, and assets of $113K (revenue +147.5% year-over-year).
- 2012: Revenue of $133K, expenses of $122K, and assets of $89K (revenue -29.6% year-over-year).
- 2011: Revenue of $189K, expenses of $147K, and assets of $85K.
Data Sources and Methodology
This transparency report for Horizon Community Engagement Corporation 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.