Horizon League Inc
- Assets
- $12.8m
- Revenue
- $8.4m
- Investments
- $151.4k
- Employees
- 13
- Location
- Indianapolis, IN
- Founding
- 09/1996
- Data as of
- 06/2023
- EIN
- 35-1979089
Organization Overview
Horizon League Inc is located in Indianapolis, IN. The organization was established in 1996. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Horizon League Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horizon League 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 06/2023, Horizon League Inc generated $8.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $9.6m during the year ending 06/2023. While expenses have increased by 9.0% 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 2018, Horizon League Inc has awarded 64 individual grants totaling $7,946,340. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE HORIZON LEAGUE, INC. IS TO PROVIDE MEMBER INSTITUTIONS WITH AN ORGANIZATION TO MAINTAIN INTERCOLLEGIATE ATHLETICS IN CONFORMITY WITH THE DIGNITY AND HIGH PURPOSE OF THE MEMBERSHIP. MEMBERS OF THE LEAGUE REGARD COMPETITIVE ATHLETICS AS A VALUABLE EDUCATIONAL EXPERIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HORIZON LEAGUE PROVIDES SUPPORT FOR MEMBER SCHOOLS' ATHLETIC DEPARTMENTS, ENSURING COMPLIANCE WITH NCAA REGULATIONS AND PROVIDING INITIATIVES THAT SUPPORT THE LEAGUE'S MISSION AND GOALS. IN 2022-23, THE LEAGUE MADE FINANCIAL DISTRIBUTIONS TO MEMBER SCHOOLS IN TWO STRATEGIC AREAS TO SUPPORT STUDENT ATHLETES' MENTAL HEALTH AND BASKETBALL IMPROVEMENT. THE LEAGUE SUPPORTS DEI PROGRAMMING FOR STUDENT ATHLETES. THE LEAGUE PROMOTES AND MARKETS MEMBER INSTITUTIONS AND THEIR STUDENT ATHLETES' ACCOMPLISHMENTS THROUGH OUR WEBSITE AND SOCIAL MEDIA PLATFORMS
IN 2022-23, THE SAF PROVIDED FINANCIAL ASSISTANCE TO ALL STUDENT ATHLETES IN OUR (11) MEMBER SCHOOLS. SAF IS AN ONGOING PROGRAM FUNDED THROUGH NCAA GRANTS, WITH THE OBJECTIVE OF ASSISTING STUDENT ATHLETES IN PERSONAL AND ACADEMIC AREAS. TYPES OF ASSISTANCE INCLUDED: TUITION ASSISTANCE (FOR SUMMER SCHOOL AND FIFTH OR SIXTH YEAR); ACADEMIC TUTORING; ASSISTANCE WITH MEDICAL AND DENTAL EXPENSES; CLOTHING ALLOWANCES AND ASSISTANCE WITH TRAVEL FOR FAMILY EMERGENCIES. THE SAF HELPED OVER 3,000 STUDENTS ANNUALLY. THE ACADEMIC ENHANCEMENT FUND PROVIDED FUNDS TO OUR (11) INSTITUTIONS TO ASSIST WITH STUDENT ATHLETES' EDUCATION. TYPES OF ASSISTANCE INCLUDED: TUITION SUPPORT AND EDUCATIONAL SERVICES.
NCAA ACADEMIC PERFORMANCE FUNDS ARE DISTRIBUTED TO CONFERENCES BASED ON THE ACADEMIC PERFORMANCE OF THEIR INSTITUTIONS. THE HORIZON LEAGUE AWARDS THESE FUNDS TO MEMBER SCHOOLS WHO HAVE MET ACADEMIC METRICS AS IDENTIFIED BY THE NCAA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ora Pescovitz Chair | OfficerTrustee | 1 | $0 |
Michael Alexander Treasurer | OfficerTrustee | 1 | $0 |
Susan Edwards Vice Chair | OfficerTrustee | 1 | $0 |
Laura Bloomberg Board Member | Trustee | 1 | $0 |
Bonita Brown Board Member | Trustee | 1 | $0 |
Ron Elsenbaumer Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,337,533 |
| Noncash contributions included in lines 1a–1f | $118,494 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,337,533 |
| Total Program Service Revenue | $4,892,422 |
| Investment income | $201,841 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$79,816 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,351,980 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,699,800 |
| Grants and other assistance to domestic individuals. | $1,519,239 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $530,274 |
| Compensation of current officers, directors, key employees. | $147,735 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $385,105 |
| Pension plan accruals and contributions | $50,710 |
| Other employee benefits | $119,747 |
| Payroll taxes | $58,533 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,565 |
| Fees for services: Accounting | $15,192 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,924 |
| Fees for services: Other | $80,420 |
| Advertising and promotion | $198,385 |
| Office expenses | $43,105 |
| Information technology | $14,459 |
| Royalties | $0 |
| Occupancy | $109,964 |
| Travel | $126,719 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $63,409 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,732 |
| Insurance | $70,938 |
| All other expenses | $665,620 |
| Total functional expenses | $9,592,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $301,527 |
| Savings and temporary cash investments | $65,165 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,320,977 |
| 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 | $87,937 |
| Net Land, buildings, and equipment | $75,375 |
| Investments—publicly traded securities | $9,302,378 |
| Investments—other securities | $151,353 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,511,990 |
| Total assets | $12,816,702 |
| Accounts payable and accrued expenses | $449,787 |
| Grants payable | $0 |
| Deferred revenue | $3,189,289 |
| 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 | $913,611 |
| Total liabilities | $4,552,687 |
| Net assets without donor restrictions | $8,264,015 |
| Net assets with donor restrictions | $0 |
| 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 | $12,816,702 |
Grants Awarded
Over the last fiscal year, Horizon League Inc has awarded $1,699,800 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
IUPUI PURPOSE: NCAA ACADEMIC ENHANCEMENT | $141,650 |
NORTHERN KENTUCKY UNIVERSITY PURPOSE: NCAA ACADEMIC ENHANCEMENT | $141,650 |
UNIVERSITY OF DETROIT MERCY PURPOSE: NCAA ACADEMIC ENHANCEMENT | $141,650 |
CLEVELAND STATE UNIVERSITY PURPOSE: NCAA ACADEMIC ENHANCEMENT | $141,650 |
OAKLAND UNIVERSITY PURPOSE: NCAA ACADEMIC ENHANCEMENT | $141,650 |
UNIVERSITY OF WISCONSIN - GREEN BAY PURPOSE: NCAA ACADEMIC ENHANCEMENT | $141,650 |