Horizons Academy Of Maui Inc is located in Kihei, HI. The organization was established in 1997. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Horizons Academy Of Maui Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horizons Academy Of Maui 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, Horizons Academy Of Maui Inc generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (16.7%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
A. TO PROVIDE EDUCATIONAL PROGRAMS AND SERVICES TO ASSIST PERSONS WITH LEARNING DISABILITIES AND DISORDERS, AND THEIR FAMILIES; AND B. TO ENGAGE IN FUND-RAISING ACTIVITIES TO SUPPORT THE PURPOSES OF THIS CORPORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATIONAL ENVIRONMENT, TUTORING, AND TESTING FOR INDIVIDUALS WITH SPECIFIC LEARNING NEEDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Annie Reynolds President | OfficerTrustee | 1.25 | $0 |
Michelle Graham Treasurer | OfficerTrustee | 1.25 | $0 |
Charissa Taylor Secretary | OfficerTrustee | 1.25 | $0 |
Kelcie Raines Director | Trustee | 1.25 | $0 |
Crystal Thomas Operations D | Officer | 40 | $78,724 |
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 | $64 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $64 |
Total Program Service Revenue | $1,010,164 |
Investment income | $4 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $7,063 |
Net Gain/Loss on Asset Sales | $4,500 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,023,180 |
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. | $89,680 |
Compensation of current officers, directors, key employees. | $13,452 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $428,948 |
Pension plan accruals and contributions | $1,923 |
Other employee benefits | $67,858 |
Payroll taxes | $64,139 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,005 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $56,169 |
Advertising and promotion | $0 |
Office expenses | $10,034 |
Information technology | $39,971 |
Royalties | $0 |
Occupancy | $181,215 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $210 |
Interest | $21,673 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $43,006 |
Insurance | $24,262 |
All other expenses | $3,310 |
Total functional expenses | $1,073,765 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $114,655 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $61,995 |
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 | $27,420 |
Net Land, buildings, and equipment | $716,438 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,727 |
Total assets | $928,235 |
Accounts payable and accrued expenses | $8,723 |
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 | $597,949 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $606,672 |
Net assets without donor restrictions | $321,563 |
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 | $928,235 |