Horizon Science Academy Dayton
Horizon Science Academy Dayton shows consistent revenue growth and zero reported officer compensation, with improving asset-to-liability ratios.
EIN: 201849958 · Dayton, OH · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $3.1M |
| Program Spending | 90% |
| Net Assets | $-12,668 |
| Transparency Score | 92/100 |
Is Horizon Science Academy Dayton 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 Dayton directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Horizon Science Academy Dayton
Horizon Science Academy Dayton (EIN: 201849958) is a nonprofit organization based in Dayton, OH, classified under NTEE code B29. The organization reported total revenue of $3.8M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horizon Science Academy Dayton's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horizon Science Academy Dayton is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $3.1M |
| Surplus / Deficit | +$80K |
| Total Assets | $6.6M |
| Total Liabilities | $6.7M |
| Net Assets | $-12,668 |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 100.2% |
| Months of Reserves | 25.6 months |
Financial Health Grade: A
In 2023, Horizon Science Academy Dayton reported a surplus of $80K with revenue exceeding expenses, holds 25.6 months of operating reserves (strong position), has a debt-to-asset ratio of 100.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Horizon Science Academy Dayton's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.6% | +18.6% | +13.9% |
| 2022 | +35.7% | +48.5% | +418.7% |
| 2021 | +28.0% | -0.9% | +6.5% |
| 2020 | -8.1% | +1.7% | +4.3% |
| 2019 | -10.8% | +44.1% | -10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Dayton 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 Science Academy Dayton 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 surplus of $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.2%.
Executive Compensation Analysis
Horizon Science Academy Dayton consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual for an organization of its size and revenue.
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 Dayton's IRS 990 filings:
- Unusually low or zero reported officer compensation, which may warrant further investigation into how leadership is compensated or if services are provided pro bono.
Strengths
The following positive indicators were identified for Horizon Science Academy Dayton:
- Consistent revenue growth, from $1,685,376 in 2014 to $3,193,937 in 2023.
- Significant asset growth, from $312,915 in 2014 to $6,643,812 in 2023.
- Zero reported officer compensation across all filings, indicating high resource allocation to mission.
- Improved asset-to-liability ratio, demonstrating enhanced financial stability in recent years.
Frequently Asked Questions about Horizon Science Academy Dayton
Is Horizon Science Academy Dayton a legitimate charity?
Based on AI analysis of IRS 990 filings, Horizon Science Academy Dayton (EIN: 201849958) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Horizon Science Academy Dayton spend its money?
Horizon Science Academy Dayton directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Horizon Science Academy Dayton tax-deductible?
Horizon Science Academy Dayton is registered as a tax-exempt nonprofit (EIN: 201849958). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Horizon Science Academy Dayton's spending goes to programs?
Horizon Science Academy Dayton directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Horizon Science Academy Dayton compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Horizon Science Academy Dayton 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 Dayton located?
Horizon Science Academy Dayton is headquartered in Dayton, Ohio and files with the IRS under EIN 201849958. It is classified under NTEE code B29.
How many years of IRS 990 filings does Horizon Science Academy Dayton have?
Horizon Science Academy Dayton 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 $3.8M in total revenue.
Is Horizon Science Academy Dayton a good charity?
Based on the available IRS 990 data, Horizon Science Academy Dayton appears to be a financially growing organization with a strong commitment to its mission, evidenced by its consistent 0% officer compensation and increasing assets. The NTEE code B29 indicates it is a charter school, and the financial data suggests resources are directed towards its educational programs.
How has Horizon Science Academy Dayton's financial health changed over time?
The organization has shown significant financial improvement. Revenue has nearly doubled from $1,685,376 in 2014 to $3,193,937 in 2023, and assets have grown substantially from $312,915 to $6,643,812 in the same period. While liabilities often exceeded assets in earlier years, the trend has reversed, with assets now comfortably exceeding liabilities, indicating enhanced financial stability.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly significant. It suggests that the organization's leadership may be unpaid volunteers or that compensation is structured in a way that is not reported as 'officer compensation' on the 990 form. This practice, if accurate, indicates a strong dedication to directing all funds towards program services and operational needs rather than executive salaries, enhancing its efficiency and public trust.
Filing History
IRS 990 filing history for Horizon Science Academy Dayton showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Horizon Science Academy Dayton's revenue has grown by 90.6%, moving from $1.7M to $3.2M. Total assets increased by 1680.8% over the same period, from $373K to $6.6M. Total functional expenses rose by 83.8%, from $1.7M to $3.1M. In its most recent filing year (2023), Horizon Science Academy Dayton reported a surplus of $80K, with revenue exceeding expenses. The organization holds $6.7M in liabilities against $6.6M in assets (debt-to-asset ratio: 100.2%), resulting in net assets of $-12,668.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.1M | $6.6M | $6.7M | — | — |
| 2022 | $2.9M | $2.6M | $5.8M | $5.9M | — | View 990 |
| 2021 | $2.2M | $1.8M | $1.1M | $1.9M | — | View 990 |
| 2020 | $1.7M | $1.8M | $1.1M | $2.2M | — | View 990 |
| 2019 | $1.8M | $1.8M | $1.0M | $2.1M | — | View 990 |
| 2018 | $2.1M | $1.2M | $1.1M | $2.3M | — | View 990 |
| 2017 | $2.1M | $2.3M | $1.0M | $2.6M | — | View 990 |
| 2016 | $2.1M | $2.0M | $729K | $2.2M | — | View 990 |
| 2015 | $1.8M | $1.8M | $366K | $1.8M | — | View 990 |
| 2014 | $1.7M | $1.7M | $313K | $92K | — | View 990 |
| 2013 | $1.7M | $1.6M | $419K | $198K | — | View 990 |
| 2012 | $1.6M | $1.8M | $220K | $141K | — | View 990 |
| 2011 | $1.7M | $1.7M | $373K | $132K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.1M, and assets of $6.6M (revenue +8.6% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.6M, and assets of $5.8M (revenue +35.7% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.8M, and assets of $1.1M (revenue +28.0% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.8M, and assets of $1.1M (revenue -8.1% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.8M, and assets of $1.0M (revenue -10.8% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.2M, and assets of $1.1M (revenue -0.1% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.3M, and assets of $1.0M (revenue -1.0% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.0M, and assets of $729K (revenue +15.0% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.8M, and assets of $366K (revenue +7.7% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $313K (revenue -1.0% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.6M, and assets of $419K (revenue +7.1% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.8M, and assets of $220K (revenue -5.1% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.7M, and assets of $373K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horizon Science Academy Dayton:
Data Sources and Methodology
This transparency report for Horizon Science Academy Dayton 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.