Northern Horizon Corporation
Nonprofit profile at a glance
- EIN
- 990490127
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2024
- Location
- Middletown, NY, USA
- Phone
- 6306567301
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $18,512
- Expenses
- $9,084
- Assets
- $32,440
- Liabilities
- $18,982
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Anson Zhao (President)
People named in this filing
- Anson Zhao (President)
- Tim Sun (Director)
- Mimi Ng (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 high school students in developing career readiness by providing unique guidance, training, and real-world experiences that prepare them for future employment and professional success.
What it reported doing in 2024
The Entrepreneurship Vending Machine Program empowers students to develop essential retail skills through hands-on experience in managing a vending machine. Participants engage in selecting products, setting prices, and maintaining inventory, enabling them to understand the fundamentals of retail operations. This practical approach fosters entrepreneurial thinking and decision-making, as students learn to analyze sales data and adapt their strategies to maximize profits. By actively participating in this program, students gain valuable insights into business management, customer service, and product selection, preparing them for future entrepreneurial endeavors.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 73
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 50.9%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 3.57; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.59; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $44K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 1 filing year from 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.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.