Shared Horizons Inc

Shared Horizons Inc shows consistent asset growth and zero executive compensation, with a recent increase in liabilities.

EIN: 201281715 · Washington, DC · NTEE: P82 · Updated: 2026-03-28

$2.0MRevenue

$3.1MAssets

90/100Mission Score (Excellent)

P82

About Shared Horizons Inc

Shared Horizons Inc (EIN: 201281715) is a nonprofit organization based in Washington, DC, classified under NTEE code P82. The organization reported total revenue of $2.0M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shared Horizons Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Shared Horizons Inc demonstrates a generally stable financial trajectory, with assets growing from $592,490 in 2015 to $3,068,471 currently, indicating sound financial management and growth. The organization has consistently reported zero officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. While the latest filing (202309) shows expenses ($1,510,748) exceeding revenue ($1,400,797), this appears to be an anomaly in recent years, as the prior period (202209) showed a healthy surplus of over $600,000. The organization's NTEE code P82 suggests a focus on human services, and the consistent growth in assets and revenue over the past decade points to increasing capacity to serve its beneficiaries. The significant increase in liabilities in the 202309 period to $817,075, compared to $43,237 in 202209, warrants further investigation to understand its nature and impact on long-term financial health.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Shared Horizons Inc with a Mission Score of 90 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, Shared Horizons Inc 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.

Executive Compensation Analysis

Shared Horizons Inc consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.

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 Shared Horizons Inc's IRS 990 filings:

Significant increase in liabilities in the latest filing (202309) to $817,075 from $43,237 in the prior year.
Expenses ($1,510,748) exceeded revenue ($1,400,797) in the 202309 period, indicating a deficit for that year.

Strengths

The following positive indicators were identified for Shared Horizons Inc:

Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
Strong and consistent asset growth over the past decade, from $592,490 in 2015 to $3,068,471 currently.
Overall positive revenue trend, with latest revenue at $1,956,572, demonstrating increasing capacity.
Healthy revenue surplus in the 202209 period ($1,934,496 revenue vs. $1,333,017 expenses).

Frequently Asked Questions about Shared Horizons Inc

Is Shared Horizons Inc a good charity?

Based on the available data, Shared Horizons Inc appears to be a good charity. It demonstrates strong financial growth, zero executive compensation, and a clear commitment to its mission through efficient spending.

What caused the significant increase in liabilities in the 202309 filing?

The IRS 990 data shows liabilities increased from $43,237 in 202209 to $817,075 in 202309. Further review of the detailed 990 form would be needed to identify the specific nature of these liabilities (e.g., program-related payables, loans, etc.).

How does Shared Horizons Inc fund its operations without executive compensation?

The organization's consistent reporting of 0% officer compensation suggests that its leadership may be volunteer-based or compensated through other means not classified as officer compensation on the 990, or that the organization prioritizes direct program spending and administrative efficiency to a high degree.

Filing History

IRS 990 filing history for Shared Horizons Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Shared Horizons Inc's revenue has grown by 269.4%, moving from $379K to $1.4M. Total assets increased by 1852.5% over the same period, from $146K to $2.8M. Total functional expenses rose by 250.7%, from $431K to $1.5M. In its most recent filing year (2023), Shared Horizons Inc reported a deficit of $110K, with expenses exceeding revenue. The organization holds $817K in liabilities against $2.8M in assets (debt-to-asset ratio: 28.7%), resulting in net assets of $2.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.4M	$1.5M	$2.8M	$817K	—	View 990
2022	$1.9M	$1.3M	$2.1M	$43K	—	View 990
2021	$1.2M	$1.2M	$1.7M	$34K	—	View 990
2020	$1.6M	$1.0M	$1.7M	$18K	—	—
2019	$1.2M	$951K	$1.2M	$93K	—	View 990
2018	$864K	$832K	$887K	$79K	—	View 990
2017	$736K	$741K	$846K	$70K	—	View 990
2016	$877K	$600K	$855K	$73K	—	View 990
2015	$633K	$632K	$592K	$88K	—	View 990
2014	$535K	$441K	$658K	$154K	—	View 990
2013	$644K	$392K	$566K	$156K	—	View 990
2012	$385K	$336K	$197K	$38K	—	View 990
2011	$379K	$431K	$146K	$36K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.4M, expenses of $1.5M, and assets of $2.8M (revenue -27.6% year-over-year).
2022: Revenue of $1.9M, expenses of $1.3M, and assets of $2.1M (revenue +56.0% year-over-year).
2021: Revenue of $1.2M, expenses of $1.2M, and assets of $1.7M (revenue -20.6% year-over-year).
2020: Revenue of $1.6M, expenses of $1.0M, and assets of $1.7M (revenue +27.5% year-over-year).
2019: Revenue of $1.2M, expenses of $951K, and assets of $1.2M (revenue +41.7% year-over-year).
2018: Revenue of $864K, expenses of $832K, and assets of $887K (revenue +17.5% year-over-year).
2017: Revenue of $736K, expenses of $741K, and assets of $846K (revenue -16.1% year-over-year).
2016: Revenue of $877K, expenses of $600K, and assets of $855K (revenue +38.5% year-over-year).
2015: Revenue of $633K, expenses of $632K, and assets of $592K (revenue +18.4% year-over-year).
2014: Revenue of $535K, expenses of $441K, and assets of $658K (revenue -16.9% year-over-year).
2013: Revenue of $644K, expenses of $392K, and assets of $566K (revenue +67.2% year-over-year).
2012: Revenue of $385K, expenses of $336K, and assets of $197K (revenue +1.5% year-over-year).
2011: Revenue of $379K, expenses of $431K, and assets of $146K.

Data Sources and Methodology

This transparency report for Shared Horizons 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.