Horizon Science Academy Youngstown Inc
EIN: 272060536 · Youngstown, OH · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $7.1M |
| Total Expenses | $5.6M |
| Net Assets | $7.6M |
Is Horizon Science Academy Youngstown Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Horizon Science Academy Youngstown Inc
Horizon Science Academy Youngstown Inc (EIN: 272060536) is a nonprofit organization based in Youngstown, OH, classified under NTEE code B24. The organization reported total revenue of $7.1M and total assets of $14.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horizon Science Academy Youngstown Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horizon Science Academy Youngstown Inc is a mid-size nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.8M |
| Total Expenses | $5.6M |
| Surplus / Deficit | +$4.2M |
| Total Assets | $13.2M |
| Total Liabilities | $5.6M |
| Net Assets | $7.6M |
| Operating Margin | 42.7% |
| Debt-to-Asset Ratio | 42.4% |
| Months of Reserves | 28.1 months |
Financial Health Grade: A
In 2023, Horizon Science Academy Youngstown Inc reported a surplus of $4.2M with revenue exceeding expenses, holds 28.1 months of operating reserves (strong position), has a debt-to-asset ratio of 42.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Horizon Science Academy Youngstown Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.8% | +23.5% | +57.6% |
| 2022 | +24.1% | +11.4% | +29.8% |
| 2021 | +31.9% | -2.3% | +27.0% |
| 2020 | -0.2% | +8.4% | +7.4% |
| 2019 | -0.9% | +59.5% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Horizon Science Academy Youngstown Inc 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 Science Academy Youngstown Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.4%.
Frequently Asked Questions about Horizon Science Academy Youngstown Inc
Is Horizon Science Academy Youngstown Inc a legitimate charity?
Horizon Science Academy Youngstown Inc (EIN: 272060536) is a registered tax-exempt nonprofit based in Ohio. It has 13 years of IRS 990 filings on record. Total revenue: $7.1M. No red flags identified. Financial health grade: A.
How does Horizon Science Academy Youngstown Inc spend its money?
Horizon Science Academy Youngstown Inc reported $7.1M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Horizon Science Academy Youngstown Inc tax-deductible?
Horizon Science Academy Youngstown Inc is registered as a tax-exempt nonprofit (EIN: 272060536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Horizon Science Academy Youngstown Inc located?
Horizon Science Academy Youngstown Inc is headquartered in Youngstown, Ohio and files with the IRS under EIN 272060536. It is classified under NTEE code B24.
How many years of IRS 990 filings does Horizon Science Academy Youngstown Inc have?
Horizon Science Academy Youngstown 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 $7.1M in total revenue.
Filing History
IRS 990 filing history for Horizon Science Academy Youngstown Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Horizon Science Academy Youngstown Inc's revenue has grown by 344.4%, moving from $2.2M to $9.8M. Total assets increased by 3098.9% over the same period, from $413K to $13.2M. Total functional expenses rose by 177.5%, from $2.0M to $5.6M. In its most recent filing year (2023), Horizon Science Academy Youngstown Inc reported a surplus of $4.2M, with revenue exceeding expenses. The organization holds $5.6M in liabilities against $13.2M in assets (debt-to-asset ratio: 42.4%), resulting in net assets of $7.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.8M | $5.6M | $13.2M | $5.6M | — | View 990 |
| 2022 | $7.0M | $4.6M | $8.4M | $5.0M | — | View 990 |
| 2021 | $5.6M | $4.1M | $6.5M | $5.5M | — | View 990 |
| 2020 | $4.3M | $4.2M | $5.1M | $5.6M | — | View 990 |
| 2019 | $4.3M | $3.9M | $4.7M | $5.3M | — | View 990 |
| 2018 | $4.3M | $2.4M | $4.6M | $5.7M | — | View 990 |
| 2017 | $4.3M | $4.1M | $3.9M | $5.8M | — | View 990 |
| 2016 | $4.2M | $3.7M | $3.0M | $5.2M | — | View 990 |
| 2015 | $4.0M | $3.3M | $2.5M | $5.2M | — | View 990 |
| 2014 | $4.1M | $3.8M | $1.8M | $754K | — | View 990 |
| 2013 | $3.7M | $3.5M | $1.7M | $952K | — | View 990 |
| 2012 | $3.4M | $3.0M | $801K | $245K | — | View 990 |
| 2011 | $2.2M | $2.0M | $413K | $232K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.8M, expenses of $5.6M, and assets of $13.2M (revenue +40.8% year-over-year).
- 2022: Revenue of $7.0M, expenses of $4.6M, and assets of $8.4M (revenue +24.1% year-over-year).
- 2021: Revenue of $5.6M, expenses of $4.1M, and assets of $6.5M (revenue +31.9% year-over-year).
- 2020: Revenue of $4.3M, expenses of $4.2M, and assets of $5.1M (revenue -0.2% year-over-year).
- 2019: Revenue of $4.3M, expenses of $3.9M, and assets of $4.7M (revenue -0.9% year-over-year).
- 2018: Revenue of $4.3M, expenses of $2.4M, and assets of $4.6M (revenue +0.9% year-over-year).
- 2017: Revenue of $4.3M, expenses of $4.1M, and assets of $3.9M (revenue +0.7% year-over-year).
- 2016: Revenue of $4.2M, expenses of $3.7M, and assets of $3.0M (revenue +5.7% year-over-year).
- 2015: Revenue of $4.0M, expenses of $3.3M, and assets of $2.5M (revenue -2.1% year-over-year).
- 2014: Revenue of $4.1M, expenses of $3.8M, and assets of $1.8M (revenue +10.4% year-over-year).
- 2013: Revenue of $3.7M, expenses of $3.5M, and assets of $1.7M (revenue +10.0% year-over-year).
- 2012: Revenue of $3.4M, expenses of $3.0M, and assets of $801K (revenue +52.6% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.0M, and assets of $413K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horizon Science Academy Youngstown Inc:
Data Sources and Methodology
This transparency report for Horizon Science Academy Youngstown 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.