Horizon Independent Living Corporation
EIN: 311639245 · Hot Springs, AR · NTEE: P70
Is Horizon Independent Living 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 Independent Living Corporation
Horizon Independent Living Corporation (EIN: 311639245) is a nonprofit organization based in Hot Springs, AR, classified under NTEE code P70. The organization reported total revenue of $0 and total assets of $673K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horizon Independent Living Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horizon Independent Living Corporation is a micro nonprofit that has been operating for 27 years, with 11 years of IRS 990 filings on record (2012–2022).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | -100.0% | +0.0% |
| 2021 | -69.0% | -22.3% | -6.5% |
| 2020 | +0.4% | -2.6% | +1.5% |
| 2019 | -1.0% | -1.3% | +0.8% |
| 2018 | -0.2% | +8.5% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Horizon Independent Living 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 Independent Living 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 (2022)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 11.7%.
Frequently Asked Questions about Horizon Independent Living Corporation
Is Horizon Independent Living Corporation a legitimate charity?
Horizon Independent Living Corporation (EIN: 311639245) is a registered tax-exempt nonprofit based in Arkansas. It has 11 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Horizon Independent Living Corporation spend its money?
Horizon Independent Living Corporation reported its financials in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Horizon Independent Living Corporation tax-deductible?
Horizon Independent Living Corporation is registered as a tax-exempt nonprofit (EIN: 311639245). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Horizon Independent Living Corporation located?
Horizon Independent Living Corporation is headquartered in Hot Springs, Arkansas and files with the IRS under EIN 311639245. It is classified under NTEE code P70.
How many years of IRS 990 filings does Horizon Independent Living Corporation have?
Horizon Independent Living Corporation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Horizon Independent Living Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), Horizon Independent Living Corporation's revenue has declined by 100%, moving from $97K to $0. Total assets increased by 1.9% over the same period, from $660K to $673K. Total functional expenses fell by 100%, from $93K to $0. The organization holds $79K in liabilities against $673K in assets (debt-to-asset ratio: 11.7%), resulting in net assets of $594K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $0 | $0 | $673K | $79K | — | — |
| 2021 | $42K | $96K | $673K | $79K | — | — |
| 2020 | $134K | $124K | $719K | $70K | — | — |
| 2019 | $134K | $128K | $709K | $70K | — | View 990 |
| 2018 | $135K | $129K | $703K | $70K | — | View 990 |
| 2017 | $135K | $119K | $696K | $68K | — | View 990 |
| 2016 | $135K | $114K | $681K | $69K | — | View 990 |
| 2015 | $134K | $119K | $661K | $70K | — | View 990 |
| 2014 | $127K | $113K | $649K | $73K | — | View 990 |
| 2013 | $81K | $108K | $642K | $80K | — | View 990 |
| 2012 | $97K | $93K | $660K | $72K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $0, expenses of $0, and assets of $673K (revenue -100.0% year-over-year).
- 2021: Revenue of $42K, expenses of $96K, and assets of $673K (revenue -69.0% year-over-year).
- 2020: Revenue of $134K, expenses of $124K, and assets of $719K (revenue +0.4% year-over-year).
- 2019: Revenue of $134K, expenses of $128K, and assets of $709K (revenue -1.0% year-over-year).
- 2018: Revenue of $135K, expenses of $129K, and assets of $703K (revenue -0.2% year-over-year).
- 2017: Revenue of $135K, expenses of $119K, and assets of $696K (revenue +0.3% year-over-year).
- 2016: Revenue of $135K, expenses of $114K, and assets of $681K (revenue +0.5% year-over-year).
- 2015: Revenue of $134K, expenses of $119K, and assets of $661K (revenue +5.6% year-over-year).
- 2014: Revenue of $127K, expenses of $113K, and assets of $649K (revenue +57.6% year-over-year).
- 2013: Revenue of $81K, expenses of $108K, and assets of $642K (revenue -17.1% year-over-year).
- 2012: Revenue of $97K, expenses of $93K, and assets of $660K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horizon Independent Living Corporation:
Data Sources and Methodology
This transparency report for Horizon Independent Living 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.