Horizon High School Of Madison Inc
Horizon High School Of Madison Inc shows consistent growth and low liabilities with no reported officer compensation.
EIN: 201240272 · Madison, WI · NTEE: B25 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $813K |
| Total Expenses | $490K |
| Program Spending | 90% |
| Net Assets | $266K |
| Transparency Score | 92/100 |
Is Horizon High School Of Madison Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Horizon High School Of Madison Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Horizon High School Of Madison Inc
Horizon High School Of Madison Inc (EIN: 201240272) is a nonprofit organization based in Madison, WI, classified under NTEE code B25. The organization reported total revenue of $813K and total assets of $497K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horizon High School Of Madison Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horizon High School Of Madison Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $481K |
| Total Expenses | $490K |
| Surplus / Deficit | $-9,706 |
| Total Assets | $268K |
| Total Liabilities | $3K |
| Net Assets | $266K |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 6.6 months |
Financial Health Grade: B
In 2023, Horizon High School Of Madison Inc reported a deficit of $10K with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Horizon High School Of Madison Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.9% | +19.8% | -22.5% |
| 2022 | +14.4% | +35.7% | +23.8% |
| 2021 | +24.0% | +5.5% | +29.1% |
| 2020 | +7.8% | -0.9% | +45.6% |
| 2019 | -14.6% | +22.7% | -24.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Horizon High School Of Madison Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Horizon High School Of Madison Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing resources to programmatic activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Horizon High School Of Madison Inc's IRS 990 filings:
- Slight deficit in 2023 where expenses ($490,245) exceeded revenue ($480,539)
Strengths
The following positive indicators were identified for Horizon High School Of Madison Inc:
- Consistent revenue growth over the past decade
- Zero reported officer compensation across all filings
- Healthy growth in assets from $34,601 in 2014 to $268,293 in 2023
- Generally low and well-managed liabilities, significantly reduced in 2023 to $2,588
- Expenses largely in line with revenue, indicating efficient operations
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) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Horizon High School Of Madison Inc spend its money?
Horizon High School Of Madison Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Horizon High School Of Madison Inc tax-deductible?
Horizon High School Of Madison Inc is registered as a tax-exempt nonprofit (EIN: 201240272). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Horizon High School Of Madison Inc's spending goes to programs?
Horizon High School Of Madison Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Horizon High School Of Madison Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Horizon High School Of Madison Inc is above average for NTEE category B25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Horizon High School Of Madison Inc located?
Horizon High School Of Madison Inc is headquartered in Madison, Wisconsin and files with the IRS under EIN 201240272. It is classified under NTEE code B25.
How many years of IRS 990 filings does Horizon High School Of Madison Inc have?
Horizon High School Of Madison 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 $813K in total revenue.
Is Horizon High School Of Madison Inc a good charity?
Based on the provided financial data, Horizon High School Of Madison Inc appears to be a well-managed charity. It demonstrates consistent revenue growth, prudent expense management, and a strong commitment to its mission by reporting 0% officer compensation.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth, with revenue increasing from $195,896 in 2014 to $480,539 in 2023. Assets have also grown substantially from $34,601 to $268,293 over the same period, indicating improved financial stability.
What is the organization's approach to executive compensation?
Horizon High School Of Madison Inc reports 0% officer compensation in all available filings, suggesting a volunteer-led or very lean administrative structure where executive salaries are not a significant expense.
Filing History
IRS 990 filing history for Horizon High School Of Madison Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Horizon High School Of Madison Inc's revenue has grown by 190.8%, moving from $165K to $481K. Total assets increased by 629.5% over the same period, from $37K to $268K. Total functional expenses rose by 219.3%, from $154K to $490K. In its most recent filing year (2023), Horizon High School Of Madison Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $3K in liabilities against $268K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $266K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $481K | $490K | $268K | $3K | — | — |
| 2022 | $415K | $409K | $346K | $70K | — | — |
| 2021 | $362K | $302K | $279K | $6K | — | View 990 |
| 2020 | $292K | $286K | $216K | $9K | — | View 990 |
| 2019 | $271K | $288K | $149K | $7K | — | View 990 |
| 2018 | $317K | $235K | $198K | $6K | — | View 990 |
| 2017 | $223K | $192K | $112K | $3K | — | — |
| 2016 | $243K | $199K | $80K | $1K | — | View 990 |
| 2015 | $222K | $219K | $37K | $164 | — | View 990 |
| 2014 | $196K | $225K | $35K | $1K | — | View 990 |
| 2013 | $188K | $175K | $64K | $936 | — | View 990 |
| 2012 | $173K | $152K | $56K | $6K | — | View 990 |
| 2011 | $165K | $154K | $37K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $481K, expenses of $490K, and assets of $268K (revenue +15.9% year-over-year).
- 2022: Revenue of $415K, expenses of $409K, and assets of $346K (revenue +14.4% year-over-year).
- 2021: Revenue of $362K, expenses of $302K, and assets of $279K (revenue +24.0% year-over-year).
- 2020: Revenue of $292K, expenses of $286K, and assets of $216K (revenue +7.8% year-over-year).
- 2019: Revenue of $271K, expenses of $288K, and assets of $149K (revenue -14.6% year-over-year).
- 2018: Revenue of $317K, expenses of $235K, and assets of $198K (revenue +42.6% year-over-year).
- 2017: Revenue of $223K, expenses of $192K, and assets of $112K (revenue -8.5% year-over-year).
- 2016: Revenue of $243K, expenses of $199K, and assets of $80K (revenue +9.7% year-over-year).
- 2015: Revenue of $222K, expenses of $219K, and assets of $37K (revenue +13.2% year-over-year).
- 2014: Revenue of $196K, expenses of $225K, and assets of $35K (revenue +4.3% year-over-year).
- 2013: Revenue of $188K, expenses of $175K, and assets of $64K (revenue +8.4% year-over-year).
- 2012: Revenue of $173K, expenses of $152K, and assets of $56K (revenue +4.9% year-over-year).
- 2011: Revenue of $165K, expenses of $154K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horizon High School Of Madison Inc:
Data Sources and Methodology
This transparency report for Horizon High School Of Madison 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.