Horizons National Student Enrichment Program Inc
- Assets
- $6.0m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 22
- Location
- Westport, CT
- Founding
- 02/1997
- Data as of
- 12/2021
- EIN
- 06-1468129
Organization Overview
Horizons National Student Enrichment Program Inc is located in Westport, CT. The organization was established in 1997. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Horizons National Student Enrichment Program Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horizons National Student Enrichment Program Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Horizons National Student Enrichment Program Inc generated $4.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $4.1m during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Horizons National Student Enrichment Program Inc has awarded 297 individual grants totaling $8,614,775. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HORIZONS NATIONAL STUDENT ENRICHMENT PROGRAM, INC.(HN) SERVES LOW-INCOME, PUBLIC SCHOOL, K-12 STUDENTS, IN SUMMER LEARNING PROGRAMS SUPPORTED BY SCHOOL-YEAR COMPONENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HN ENSURES THAT ALL EXISTING, SCALING, AND LAUNCHING HORIZONS AFFILIATES CAN SUSTAIN AND THRIVE. HN LEVERAGES ITS EXPERTISE TO BUILD, TRAIN, AND SUPPORT SITE AND REGIONAL BOARDS AS WELL AS COACH SITE AND EXECUTIVE DIRECTORS IN AREAS OF FUNDRAISING, FINANCIAL MANAGEMENT, AND PROGRAM HEALTH. HN ALSO ASSURES QUALITY, BY PROVIDING CONTINUOUS PROGRAM SUPPORT AND EVALUATION SERVICES ACROSS THE NETWORK. HN COACHES AFFILIATE STAFF AND ELEVATES EFFECTIVE PRACTICES THROUGH NETWORK-WIDE WEBINARS, RESOURCE LIBRARY, AND AN ANNUAL NATIONAL CONFERENCE. IN ADDITION TO GOVERNANCE AND FUNDRAISING SUPPORT, HN STAFF MEMBERS SUPPORT RECRUITMENT, TEACHER TRAINING, AND PROGRAM IMPLEMENTATION AND ASSESSMENT.
THE GOAL OF HORIZONS NATIONAL EXPANSION EFFORTS IS TO INCREASE THE NUMBER OF STUDENTS THAT CAN BENEFIT FROM THE HORIZONS EXPERIENCE. HN PROVIDES STRATEGIC PLANNING AND TRANSITIONAL SUPPORT TO EXISTING AFFILIATES WHEN PURSUING GROWTH, WHICH CAN INCLUDE ADDING ADDITIONAL SITES OR TRANSITIONING TO A REGIONAL MODEL. THE EXPANSION TEAM ALSO IDENTIFIES AND DEVELOPS NEW SITES, AND PROVIDES SEED FUNDING WHICH SERVES AS THE FUNDING BRIDGE WHILE THE NEW AFFILIATE'S BOARD ESTABLISHES ITSELF IN THE COMMUNITY.
THE LEVERAGED LEARNING INITIATIVE PROVIDES AN ACADEMIC FRAMEWORK FOR ALL HORIZONS PROGRAMS, FUNDING FOR READING SPECIALISTS, STUDENT ASSESSMENT SOFTWARE AND TRAINING, A COMPREHENSIVE DATABASE AND DATA ANALYSIS, AS WELL AS CURRICULUM DEVELOPMENT AND STEM PROGRAMMING SUPPORT. THIS INITIATIVE HAS BEEN CRITICAL TO CONSISTENT PROGRAM QUALITY AND MODEL FIDELITY ACROSS AFFILIATES, AND TO CONSISTENT ACADEMIC GAINS OF 2-3 MONTHS IMPROVEMENT EACH YEAR IN READING AND MATH SKILLS FOR HORIZONS STUDENTS OVER THE LAST TEN YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorna Smith CEO | Officer | 40 | $246,024 |
Jose Oromi Executive Vice President | Officer | 40 | $207,025 |
Dara Rose Sr Vp, Strategy & Programs | Officer | 40 | $186,725 |
Valeria Wells Sr Vp, Development | Officer | 40 | $186,451 |
Kathleen Nazar Vp, Finance & Operations | Officer | 40 | $158,382 |
Kelly Mattox Avp Mktg & Communications | 40 | $121,098 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $550,958 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,139,146 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,690,104 |
| Total Program Service Revenue | $0 |
| Investment income | $34,033 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,724,137 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $919,732 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $592,663 |
| Compensation of current officers, directors, key employees. | $75,232 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,625,795 |
| Pension plan accruals and contributions | $112,535 |
| Other employee benefits | $105,348 |
| Payroll taxes | $152,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $47,052 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $124,085 |
| Advertising and promotion | $116,434 |
| Office expenses | $93,823 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $182,365 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,818 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,010 |
| Insurance | $7,560 |
| All other expenses | $516 |
| Total functional expenses | $4,098,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,572,165 |
| Pledges and grants receivable | $1,333,095 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $293 |
| Investments—publicly traded securities | $1,096,485 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,801 |
| Total assets | $6,013,839 |
| Accounts payable and accrued expenses | $28,654 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $60,454 |
| Total liabilities | $89,108 |
| Net assets without donor restrictions | $3,759,471 |
| Net assets with donor restrictions | $2,165,260 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,013,839 |
Grants Awarded
Over the last fiscal year, Horizons National Student Enrichment Program Inc has awarded $626,551 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Simsbury, CT PURPOSE: SUPPORT FOR SUMMER AND ENRICHMENT PROGRAM. | $289,442 |
Brooklyn, NY PURPOSE: SUPPORT FOR SUMMER AND ENRICHMENT PROGRAM. | $89,674 |
Philadelphia, PA PURPOSE: SUPPORT FOR SUMMER AND ENRICHMENT PROGRAM. | $41,940 |
Newtown Square, PA PURPOSE: SUPPORT FOR SUMMER AND ENRICHMENT PROGRAM. | $41,388 |
Greenwich, CT PURPOSE: SUPPORT FOR SUMMER AND ENRICHMENT PROGRAM. | $34,490 |
HORIZONS AT NORWALK COMMUNITY COLLEGE PURPOSE: SUPPORT FOR SUMMER AND ENRICHMENT PROGRAM. | $34,490 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Horizons National Student Enrichment Program Inc has recieved totaling $1,444,030.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $470,000 |
Lego Community Fund Us Inc Enfield, CT PURPOSE: REIMAGINING THE BUILDING BLOCKS OF GIRLS EDUCATION | $200,000 |
Smart Family Fund Lisle, IL PURPOSE: HORIZONS NATIONAL SUPPORT | $200,000 |
New York Life Foundation New York, NY PURPOSE: EDUC. GENERAL | $150,000 |
Scripps Family Fund For Education And The Arts Ft Mitchell, KY PURPOSE: SUPPORT EXPANSION IN CONNECTICUT FOCUSING ON THE NEW REGION IN NEW HAVEN | $100,000 |
The@pitney Bowes Employee Involvement Fund Inc Stamford, CT PURPOSE: EXPANDING HORIZONS THROUGH INDIVIDUALIZED LITERACY SUPPORT | $75,000 |
Endowment Analysis
| Beg. Balance | $406,194 |
| Earnings | $47,593 |
| Net Contributions | $8,000 |
| Ending Balance | $461,787 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Sports Inc Braintree, MA | $15,718,989 | $17,640,081 |
Exploration School Inc Norwood, MA | $30,976,539 | $12,294,773 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Childrens Workshop Foundation Central Falls, RI | $4,705,230 | $8,734,108 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |
Nyc Kids Rise Inc Long Island City, NY | $4,984,268 | $4,157,127 |
Urban Dove Inc Long Island City, NY | $5,170,319 | $5,441,041 |