Horseneck Foundation Inc

Nonprofit profile at a glance

EIN
300596764
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024, Form 990-N 2013
Location
Greenwich, CT, USA
Phone
2038696600
Rating confidence
Limited
Sector
Historical Societies, Related Historical Activities
Affiliation
Christianity

Reported finances

Revenue
$8,918
Expenses
$1,065
Assets
$10,216
Liabilities
$1,500

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

1 person listed

People named in this filing

  • REV MAREK P ZABRISKIE (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support the restoration of the church

What it reported doing in 2024

Form 990-ez, part iii, primary exempt purpose - horseneck foundation, inc.was established in july 2009 to solicit support and funding beyond theparishioners of christ church greenwich for projects to repair restore, renovate or maintain the historic buildings owned by parish of christchurch greenwich and other area buildings owned by established501(c)(3). As a legal entity, it is entirely separate from christchurch greenwich. Funds donated to the foundation will be usedexpressly according to the wishes of the donors, and will expresslyexclude the religious activities of the church and its congregation.given the historical significance of the campus and its buildings it is hoped that the foundation will provide an opportunity for support fromoutside the congregation from people and organizations that share aninterest in restoring and maintaining this part of the heritage ofgreenwich, Connecticut.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 82
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 88.1%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 9.59; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -15.3% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: -17.8% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -15.7% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.