Open Horizon
- Assets
- $13.9m
- Revenue
- $2.5m
- Investments
- $13.3m
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- Data as of
- 12/2022
- EIN
- 84-3866276
Organization Overview
Open Horizon is located in Alexandria, VA. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Horizon 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, Open Horizon generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 35.5% each year .
Since 2021, Open Horizon has awarded 65 individual grants totaling $1,122,758. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hershel Kleinberg Director | 0 | $0 | |
Lisa Cohen Director | 0 | $0 | |
Rachel Pasten Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,447,176 |
| Interest on Savings | $0 |
| Dividends & Interest | $267,897 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$227,732 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,487,341 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,327 |
| Printing and publications | $0 |
| Other expenses | $2,265 |
| Total operating and administrative expenses | $68,346 |
| Contributions, gifts, grants paid | $713,265 |
| Total expenses and disbursements | $781,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $619,706 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,227,423 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,922,501 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Open Horizon has awarded $713,265 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
ACT FOR ALEXANDRA PURPOSE: GENERAL PURPOSE | $5,000 |
MISSISSIPPI LOW INCOME FUND PURPOSE: GENERAL PURPOSE | $5,000 |
NEW ORLEANS WOMEN & CHILDREN SHELTER PURPOSE: GENERAL PURPOSE | $5,266 |
BUILDING BRIDGES ACROSS THE RIVER PURPOSE: GENERAL PURPOSE | $10,000 |
CHILDREN OF CHINA PEDIATRICS FOUNDATION PURPOSE: GENERAL PURPOSE | $10,000 |
AMERICAN INDIAN COLLEGE FUND PURPOSE: GENERAL PURPOSE | $10,000 |