Horizon House Inc
- Assets
- $11.2m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 66
- Location
- Indianapolis, IN
- Founding
- 02/1990
- Data as of
- 12/2021
- EIN
- 35-1759503
Organization Overview
Horizon House Inc is located in Indianapolis, IN. The organization was established in 1990. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Horizon House Inc employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horizon House 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, Horizon House Inc generated $7.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $3.6m during the year ending 12/2021. While expenses have increased by 15.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HORIZON HOUSE IS A FULL-SERVICE AGENCY THAT CONNECTS OUR HOMELESS NEIGHBORS WITH INTEGRATED, COMPREHENSIVE SERVICES. WE PROIVDE A SAFE PLACE AND BASIC SERVICES FOR OUR COMMUNITY'S HOMELESS, SERVING THEM WITH DIGNITY AND RESPECT, AS THEY TAKE STEPS TOWARDS A MORE STABLE LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A MULTISERVICE CENTER AND DAYTIME SHELTER FOR THE HOMELESS, HORIZON HOUSE OFFERS BASIC ENGAGEMENT (FOOD, CLOTHING, ETC.), CASE MANAGEMENT, OUTREACH, EMPLOYMENT/JOB READINESS TRAINING AND HOUSING SUPPORT, SERVICES. THE ORGANIZATION ALSO PROVIDES ONSITE ACCESS TO MANY ADDITIONAL SERVICES, INCLUDING PRIMARY MEDICAL AND MENTAL HEALTH CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Wessel Executive Director | Officer | 40 | $95,353 |
Lori Gooding Past President | OfficerTrustee | 0.5 | $0 |
Kathi Johnson Secretary | OfficerTrustee | 0.5 | $0 |
Craig Morris Treasurer | OfficerTrustee | 0.5 | $0 |
Scott Sheehan President | OfficerTrustee | 0.5 | $0 |
Art Mandelbaum Vice President/president Elect | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $29,147 |
| Membership dues | $0 |
| Fundraising events | $107,338 |
| Related organizations | $0 |
| Government grants | $1,163,611 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,623,320 |
| Noncash contributions included in lines 1a–1f | $241,373 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,923,416 |
| Total Program Service Revenue | $0 |
| Investment income | $103,389 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $73,752 |
| Net Gain/Loss on Asset Sales | $1,971,801 |
| Net Income from Fundraising Events | $41,643 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,114,001 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $243,430 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $101,217 |
| Compensation of current officers, directors, key employees. | $101,217 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,803,444 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $215,381 |
| Payroll taxes | $154,547 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,368 |
| Fees for services: Other | $106,890 |
| Advertising and promotion | $0 |
| Office expenses | $78,452 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $150,114 |
| Travel | $21,179 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,118 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $150,523 |
| Insurance | $14,168 |
| All other expenses | $19,348 |
| Total functional expenses | $3,608,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,932,227 |
| Pledges and grants receivable | $1,779,452 |
| Accounts receivable, net | $47,710 |
| 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 | $22,513 |
| Net Land, buildings, and equipment | $1,514,613 |
| Investments—publicly traded securities | $5,938,838 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,235,353 |
| Accounts payable and accrued expenses | $351,127 |
| 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 | $0 |
| Total liabilities | $351,127 |
| Net assets without donor restrictions | $2,950,213 |
| Net assets with donor restrictions | $7,934,013 |
| 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 | $11,235,353 |
Grants Recieved
Over the last fiscal year, we have identified 28 grants that Horizon House Inc has recieved totaling $3,013,470.
| Awarding Organization | Amount |
|---|---|
Lilly Endowment Inc Indianapolis, IN PURPOSE: ENHANCING OPPORTUNITY IN INDPLS INIT | $908,005 |
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: To Be Used at the Organization's Discretion | $784,950 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: ENHANCING OPPORTUNITY IN INDPLS INIT | $500,000 |
United Way Of Central Indiana Inc Indianapolis, IN PURPOSE: Program and/or Operating Support | $311,983 |
Central Indiana Community Foundation Inc Indianapolis, IN PURPOSE: To Be Used at the Organization's Discretion | $104,500 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: COVID19 EMERGENCY RELIEF EFFORTS | $100,000 |
Endowment Analysis
| Beg. Balance | $5,416,539 |
| Earnings | $734,299 |
| Other Expense | $212,000 |
| Ending Balance | $5,938,838 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Milwaukee Electrical Industry Vacation - Holiday Plan Wauwatosa, WI | $15,465,835 | $13,612,321 |
Community Ventures Corporation Inc Lexington, KY | $84,057,573 | $14,249,179 |
Seton Property Corporation Of North Alabama St Louis, MO | $50,940,533 | $5,932,254 |
Horizon House Inc Indianapolis, IN | $11,235,353 | $7,114,001 |
St Marys Building Corporation St Louis, MO | $40,020,947 | $3,125,452 |
Delaware Advancement Corporation Muncie, IN | $19,134,942 | $3,911,691 |
Providence Building Corporation Inc St Louis, MO | $6,600,443 | $3,711,993 |
Austin Peoples Action Center Chicago, IL | $1,169,247 | $2,618,671 |
Choose Chicago Foundation Chicago, IL | $859,781 | $2,550,000 |
Delta Institute Chicago, IL | $8,129,187 | $1,847,841 |
Lafayette-West Lafayette Development Corporation Lafayette, IN | $8,692,255 | $2,407,037 |
Experimental Station Chicago, IL | $1,624,397 | $2,920,468 |