Horizons Atlanta Inc
- Assets
- $2.6m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Atlanta, GA
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 37-1747624
Organization Overview
Horizons Atlanta Inc is located in Atlanta, GA. The organization was established in 2014. 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 12/2022, Horizons Atlanta Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horizons Atlanta 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 12/2022, Horizons Atlanta Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $3.8m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HORIZONS ATLANTA IS A TUITION-FREE, INTENSIVE, SIX-WEEK SUMMER ACADEMIC AND ENRICHMENT PROGRAM THAT SUPPORTS STUDENTS FROM UNDER-SERVED COMMUNITIES OVER THE COURSE OF THEIR ACADEMIC CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE HAVE A SINGLE PROGRAM, OUR SIGNATURE SUMMER ENRICHMENT PROGRAM, WHICH TAKES PLACE AT MULTIPLE PROGRAM SITES ACROSS METROPOLITAN ATLANTA. THE PROGRAM AIMS TO (1) SUPPORT READING AND MATH LEARNING;(2) TEACH WATER AND SWIM SKILLS; AND (3) OFFER PROJECT-BASED LEARNING CURRICULUM AND SUPPLEMENTARY FIELD TRIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Wan Executive Dir. | Officer | 40 | $191,417 |
Tyler Reinagel Baord Member | Trustee | 0 | $0 |
Tyler Cook Board Member | Trustee | 2 | $0 |
Scott Bernstein Board Member | Trustee | 2 | $0 |
Lee Conner Board Member | Trustee | 2 | $0 |
Dave Fedewa Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $91,279 |
| Related organizations | $0 |
| Government grants | $424,757 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,566,455 |
| Noncash contributions included in lines 1a–1f | $18,334 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,082,491 |
| Total Program Service Revenue | $58,136 |
| Investment income | $2,085 |
| 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 | $3,142,712 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $203,158 |
| Compensation of current officers, directors, key employees. | $35,648 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $266,236 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,483 |
| Payroll taxes | $35,436 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,881 |
| Advertising and promotion | $6,594 |
| Office expenses | $26,045 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,907 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,958 |
| All other expenses | $1,111 |
| Total functional expenses | $3,789,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,178 |
| Savings and temporary cash investments | $1,697,593 |
| Pledges and grants receivable | $583,574 |
| Accounts receivable, net | $12,210 |
| 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 | $74,259 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,583,814 |
| Accounts payable and accrued expenses | $501,281 |
| Grants payable | $0 |
| Deferred revenue | $170,822 |
| 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 | $672,103 |
| Net assets without donor restrictions | $1,371,711 |
| Net assets with donor restrictions | $540,000 |
| 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 | $2,583,814 |