Horizon Science Academy Cleveland Middle School
Horizon Science Academy Cleveland Middle School shows consistent revenue growth and zero reported officer compensation.
EIN: 202011609 · Cleveland, OH · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $4.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is Horizon Science Academy Cleveland Middle School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Horizon Science Academy Cleveland Middle School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Horizon Science Academy Cleveland Middle School
Horizon Science Academy Cleveland Middle School (EIN: 202011609) is a nonprofit organization based in Cleveland, OH, classified under NTEE code B29. The organization reported total revenue of $4.1M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horizon Science Academy Cleveland Middle School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horizon Science Academy Cleveland Middle School is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.1M |
| Total Expenses | $4.3M |
| Surplus / Deficit | +$1.7M |
| Total Assets | $5.9M |
| Total Liabilities | $4.4M |
| Net Assets | $1.5M |
| Operating Margin | 28.2% |
| Debt-to-Asset Ratio | 75.3% |
| Months of Reserves | 16.2 months |
Financial Health Grade: A
In 2023, Horizon Science Academy Cleveland Middle School reported a surplus of $1.7M with revenue exceeding expenses, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 75.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Horizon Science Academy Cleveland Middle School's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.7% | +16.0% | +10.5% |
| 2022 | +14.0% | +13.5% | +85.0% |
| 2021 | +19.3% | -19.4% | +45.6% |
| 2020 | -2.2% | +12.1% | -10.7% |
| 2019 | +2.9% | +50.0% | -18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Science Academy Cleveland Middle School with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Horizon Science Academy Cleveland Middle School allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 75.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all 13 available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of its size with revenues exceeding $6 million in the latest period.
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 Science Academy Cleveland Middle School's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size is unusual and warrants further inquiry into how leadership is compensated or structured.
- Liabilities have historically been high, often exceeding assets in earlier periods, though this trend has improved in the latest filing.
Strengths
The following positive indicators were identified for Horizon Science Academy Cleveland Middle School:
- Strong revenue growth, with the latest period (2023) showing $6,056,776 in revenue.
- Consistent reporting of 0% officer compensation, suggesting a high dedication of funds to the mission rather than executive salaries.
- Positive net income in recent years, leading to asset growth from $2,879,825 in 2021 to $5,888,097 in 2023.
- Long filing history (13 filings) indicates consistent compliance and transparency.
Frequently Asked Questions about Horizon Science Academy Cleveland Middle School
Is Horizon Science Academy Cleveland Middle School a legitimate charity?
Horizon Science Academy Cleveland Middle School (EIN: 202011609) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.1M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Horizon Science Academy Cleveland Middle School spend its money?
Horizon Science Academy Cleveland Middle School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Horizon Science Academy Cleveland Middle School tax-deductible?
Horizon Science Academy Cleveland Middle School is registered as a tax-exempt nonprofit (EIN: 202011609). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Horizon Science Academy Cleveland Middle School CEO make?
Horizon Science Academy Cleveland Middle School's highest-compensated officer earns $6 annually. The organization reported $4.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Horizon Science Academy Cleveland Middle School's spending goes to programs?
Horizon Science Academy Cleveland Middle School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Horizon Science Academy Cleveland Middle School compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Horizon Science Academy Cleveland Middle School is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Horizon Science Academy Cleveland Middle School located?
Horizon Science Academy Cleveland Middle School is headquartered in Cleveland, Ohio and files with the IRS under EIN 202011609. It is classified under NTEE code B29.
How many years of IRS 990 filings does Horizon Science Academy Cleveland Middle School have?
Horizon Science Academy Cleveland Middle School 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 $4.1M in total revenue.
How does Horizon Science Academy Cleveland Middle School manage to operate without officer compensation?
The filings consistently report 0% officer compensation. This could indicate that officers are volunteers, compensated by a related entity, or that their compensation falls below the reporting threshold, though the latter is less likely for an organization of this size. Further investigation into their operational model would be needed.
What is the primary source of the organization's revenue?
While the filings show total revenue, the specific breakdown of revenue sources (e.g., government grants, tuition, donations) is not provided in this summary. Given its NTEE code B29 (Elementary & Secondary Education), it's likely a significant portion comes from public funding or tuition.
What caused the significant increase in assets from $2,879,825 in 2021 to $5,888,097 in 2023?
The substantial increase in assets is primarily driven by the organization's revenue consistently exceeding expenses in recent years. For example, in 2022 and 2023, revenues were $4,894,663 and $6,056,776 respectively, while expenses were lower at $3,748,849 and $4,348,179, allowing for significant accumulation of net assets.
Filing History
IRS 990 filing history for Horizon Science Academy Cleveland Middle School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Horizon Science Academy Cleveland Middle School's revenue has grown by 356.7%, moving from $1.3M to $6.1M. Total assets increased by 1441.9% over the same period, from $382K to $5.9M. Total functional expenses rose by 256%, from $1.2M to $4.3M. In its most recent filing year (2023), Horizon Science Academy Cleveland Middle School reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $4.4M in liabilities against $5.9M in assets (debt-to-asset ratio: 75.3%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.1M | $4.3M | $5.9M | $4.4M | — | View 990 |
| 2022 | $4.9M | $3.7M | $5.3M | $5.6M | — | View 990 |
| 2021 | $4.3M | $3.3M | $2.9M | $4.3M | — | View 990 |
| 2020 | $3.6M | $4.1M | $2.0M | $4.4M | — | View 990 |
| 2019 | $3.7M | $3.7M | $2.2M | $4.1M | — | View 990 |
| 2018 | $3.6M | $2.4M | $2.7M | $4.6M | — | View 990 |
| 2017 | $3.7M | $4.4M | $2.3M | $4.5M | — | View 990 |
| 2016 | $3.0M | $3.2M | $1.6M | $3.2M | — | View 990 |
| 2015 | $2.8M | $2.8M | $393K | $1.8M | — | View 990 |
| 2014 | $1.4M | $1.5M | $247K | $84K | — | View 990 |
| 2013 | $1.4M | $1.4M | $304K | $88K | — | View 990 |
| 2012 | $1.3M | $1.4M | $312K | $64K | — | View 990 |
| 2011 | $1.3M | $1.2M | $382K | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.1M, expenses of $4.3M, and assets of $5.9M (revenue +23.7% year-over-year).
- 2022: Revenue of $4.9M, expenses of $3.7M, and assets of $5.3M (revenue +14.0% year-over-year).
- 2021: Revenue of $4.3M, expenses of $3.3M, and assets of $2.9M (revenue +19.3% year-over-year).
- 2020: Revenue of $3.6M, expenses of $4.1M, and assets of $2.0M (revenue -2.2% year-over-year).
- 2019: Revenue of $3.7M, expenses of $3.7M, and assets of $2.2M (revenue +2.9% year-over-year).
- 2018: Revenue of $3.6M, expenses of $2.4M, and assets of $2.7M (revenue -3.5% year-over-year).
- 2017: Revenue of $3.7M, expenses of $4.4M, and assets of $2.3M (revenue +23.0% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.2M, and assets of $1.6M (revenue +7.1% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.8M, and assets of $393K (revenue +97.2% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.5M, and assets of $247K (revenue +1.0% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $304K (revenue +5.2% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.4M, and assets of $312K (revenue +1.1% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.2M, and assets of $382K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horizon Science Academy Cleveland Middle School:
Data Sources and Methodology
This transparency report for Horizon Science Academy Cleveland Middle School 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.