Horizon University Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 189,145 | 239,280 | −50,135 | 4.2 | 43% |
| 2019 | 213,044 | 215,087 | −2,043 | 4.5 | 50% |
| 2020 | 293,797 | 227,542 | 66,255 | 7.8 | 54% |
| 2021 | 273,004 | 245,536 | 27,468 | 8.6 | 38% |
| 2022 | 322,553 | 265,304 | 57,249 | 10.5 | 39% |
| 2023 | 261,621 | 275,883 | −14,262 | 9.5 | 41% |
In its most recent public year (2023), this organization spent $14,262 more than it brought in. Its reserves stood at about 9.5 months of spending, up from 4.2 in 2018. Staff pay was 41% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Horizon University Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works