Horizonte Scholarship Fund Inc
- Assets
- $22.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 82-3632171
Organization Overview
Horizonte Scholarship Fund Inc is located in Salt Lake City, UT. The organization was established in 2019. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horizonte Scholarship Fund 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, Horizonte Scholarship Fund Inc generated $90.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $84.8k during the year ending 12/2021. While expenses have increased by 10.4% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WE PROVIDE STUDENTS SCHOLARSHIPS THROUGHOUT STATE OF UTAH WHO ARE GRADUATES FROM HORIZONTE INSTRUCTION AND TRAINING CENTER OR WHO HAVE ACHIEVED COMPLETER ELL ENGLISH-LANGUAGE LEARNER STATUS AT HORIZONTE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hugh Ric Harnsberger President | 8 | $0 | |
James Andersen Director | 2 | $0 | |
Kimball Young Treasurer / Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,900 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,900 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $84,831 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,736 |
| Other assets | $0 |
| Total assets | $22,736 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,736 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Horizonte Scholarship Fund Inc has recieved totaling $16,500.
| Awarding Organization | Amount |
|---|---|
Henry W & Leslie M Eskuche Charitable Foundation Portland, OR PURPOSE: EDUCATION SCHOLARSHIPS | $5,000 |
Marriner S Eccles Foundation Salt Lake City, UT PURPOSE: MARRINER ECCLES FIRST GENERATION COLLEGE STUDENT SCHOLARSHIPS | $5,000 |
The Archer Family Charitable Corporation Salt Lake City, UT PURPOSE: GENERAL DONATION | $5,000 |
Gary E Stevenson Foundation Bountiful, UT PURPOSE: CHARITABLE | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Western Union Foundation Inc Denver, CO | $4,087,172 | $7,099,166 |
Davis Education Foundation Farmington, UT | $5,085,973 | $8,327,640 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |
Western States Learning Corporation Cheyenne, WY | $7,278,085 | $6,097,150 |
Prosperity Denver Fund Denver, CO | $29,340,017 | $14,622,453 |
College Success Arizona Phoenix, AZ | $19,037,884 | $6,349,882 |
J R Simplot Company Foundation Inc Boise, ID | $71,703,701 | $5,686,010 |
Reisher Family Foundation Lakewood, CO | $521,642,537 | $444,544,338 |
Idaho Association For The Education Of Young Children Boise, ID | $1,636,700 | $5,141,669 |