Horizon Communities Corp
Nonprofit profile at a glance
- EIN
- 593637543
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-EZ 2016
- Location
- Tallahassee, FL, USA
- Phone
- 3866898240
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Inmate Support
Reported finances
- Revenue
- $1,079,764
- Expenses
- $961,270
- Assets
- $724,662
- Liabilities
- $16,267
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- NATHAN SCHAIDT (CEO)
Highest reported compensation
- NATHAN SCHAIDT (CEO): $108,896 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Horizon communication corp - prepares those that are incarcerated to live reponsibility with others on a path to transition back into society. We utilize skills training(life mapping, financial litracy, credit and debit management, creative writing, developing business concepts, small business concepts, employability and bookkeeping, quest, computer literacy, ged preparation and other eductional resources, to create a personal environment.
What it reported doing in 2024
Horizon communities corp successfully ran faith and character programs in eight Florida state prison institutions.we provided programs focused on pro-social tendencies and behaviors. Horizon has developed a safe living environment designed to help those that are incarcerated to live reponsibily with others and to prepare them for reentry without recidivism. Basic computer programs and ged preparation are provided inside the living quarters. We have provided more than 6000 classes to over 3000 men and women this year. Conscious decipline, non-voilent communication and financial peace university have also been taught in the curriculum.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 21
- Transparency & Controls: 90
- Accountability: 74
- Sustainability: 51
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 22.7%; rating input score 23
- Program expense ratio: 25.5%; rating input score 25
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 11%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.75; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 61; 61st percentile among comparable filings
- Officer compensation ratio: 11.3%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: -0.8% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: 14.4% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 18.8% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 22.7% of revenue deployed · 25.5% of spending went to programs
- Governance: 5 of 5 board members independent · 3 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $245K in reported program spending
- Leadership: top reported pay $109K · 6 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 23/100.
- High — Financial Efficiency: Program expense ratio scored 25/100.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.