Horizons INC FY2024 filing

Tax-deductible

South Windham, CT501(c)(3)Since 1979Recreation & SportsEIN 06-1013833

To create and sustain person-centered opportunities for people with intellectual and developmental disabilities where they live, learn, work and play.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$161K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $194K a year · 6% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$161K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
12 mo
of spending, in cash
Looks good: 11.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $244K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.2M
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 10 voting members
Looks good: 8 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.0M
+55% vs prior year
Spent
$3.6M
To programs
85%
Net assets
$11.0M
By yearFY2020–FY2024
Revenue
$5.0M
FY2024▲ +55%
Revenue by fiscal year
FY2020$1.3M
FY2021$2.7M
FY2022$3.1M
FY2023$3.2M
FY2024$5.0M
FY2024$3.6M
Expenses
$3.6M
FY2024▲ +16%
Expenses by fiscal year
FY2020$2.3M
FY2021$2.5M
FY2022$2.8M
FY2023$3.1M
FY2024$3.6M
FY2024$3.8M
Net assets
$11.0M
FY2024▲ +14%
Net assets by fiscal year
FY2020$9.1M
FY2021$9.3M
FY2022$9.6M
FY2023$9.7M
FY2024$11.0M
FY2024$10.8M

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $3.1M Management & general 12% · $424K Fundraising 4% · $134K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

15 people listed on the 990; $161K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President/Ce
$97,036Pt VII · Sec A
VP/Org. Mgr/
$64,445Pt VII · Sec A
Chief of Sta
$0Pt VII · Sec A
Director of
$0Pt VII · Sec A
Part Year Di
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kathleen McNaboe’s $72K as Vice Pres/or is at the 16th percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Christina McNaboe—$97,036$109,348$124,730$106,245$105,287
Kathleen McNaboe$71,722$64,445$61,202$60,431$59,251$57,885

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides opportunities for people with disabilities to live, learn, work, and play.

Provided by the organization

This section is blank until Horizons INC claims this page.

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2 program services account for $3.1M of program spending, described in the organization's own filed words · FY2023.
01

Camp Services

Provides a residential camping environment for people with intellectual and developmental disabilities.

$2.9Mprogram expense
02

Rental Activity

Property rental from its affiliate, horizons programs, INC.(A related 501(c)(3)).

$213Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$5.0M
Ln 12
Fees for servicesLn 2g$2.8M
Gifts and grantsLn 1h$2.1M
Investment incomeLn 3$78K
Money outPt IX
$3.6M
Ln 25
Programscol B$3.1M
Managementcol C$424K
Fundraisingcol D$134K
Owns and owesPt X
$11.0M
net assets · Ln 32
Cash and savingsLn 1–2$3.5M
Total assetsLn 16$12.2M
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
15
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.1M
Government grantsLn 1e$707K
Fundraising eventsLn 1c$133K
Fees for servicesLn 2g$2.8M
Investment incomeLn 3$78K
Other incomeLn 4–11$36K
Total revenueLn 12$5.0M
Assets in detailPt X, end of year
CashLn 1$878K
SavingsLn 2$2.6M
Cash and savings togetherLn 1–2$3.5M
Land, buildings, equipmentLn 10c$7.8M
Other assetsLn 15$21K
Total assetsLn 16$12.2M
LiabilitiesLn 26$1.2M
Net assetsLn 32$11.0M
OperationsPt I, VI
EmployeesI 5208
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2.9M$3.5M
Land, buildings, equipmentLn 10c$7.7M$7.8M
Total assetsLn 16$11.0M$12.2M
LiabilitiesLn 26$1.3M$1.2M
Net assetsLn 32$9.7M$11.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$174K$167K$2K$6K
Other salaries and wagesLn 7$1.3M$1.1M$133K$40K
Pension plan contributionsLn 8$43K$40K$2K$132
Other employee benefitsLn 9$158K$149K$8K$486
Payroll taxesLn 10$79K$74K$4K$241
Other fees for servicesLn 11g$274K$124K$149K$522
Office expensesLn 13$23K$5K$3K$15K
Information technologyLn 14$35K$28K$3K$4K
OccupancyLn 16$114K$96K$7K$11K
InterestLn 20$37K$34K$2K$425
Depreciation, depletion and amortizationLn 22$612K$564K$40K$8K
InsuranceLn 23$150K$127K$22K$2K
Other expenses (24a–d)Ln 24$569K$482K$41K$46K
All other expensesLn 24e$60K$53K$7K$381
Total functional expensesLn 25$3.6M$3.1M$424K$134K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $5.0M$3.6M$1.3M$11.0M 990 PDF
FY2023 $3.2M$3.1M$85K$9.7M 990 PDF
FY2022 $3.1M$2.8M$282K$9.6M 990 PDF
FY2021 $2.7M$2.5M$199K$9.3M 990 PDF
FY2020 $1.3M$2.3M−$922K$9.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $4,971,209 across 8 lines filed
Lines not itemized here account for $6,334 of total revenue; see the IRS return.
VIII-1c Fundraising events$133,141
VIII-1e Government grants$706,663
VIII-1f All other contributions, gifts and grants$1,237,442
VIII-1h Total contributions, gifts and grants$2,077,246
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,779,505$2,779,505
VIII-3 Investment incomeExcluded from tax $78,220$78,220
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $17,024 · Excluded from tax $12,880$29,904
VIII-12 Total revenueRelated to mission $2,796,529 · Excluded from tax $97,434$4,971,209
Part IX · Statement of functional expenses $3,643,934 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $166,525 · Management $2,012 · Fundraising $5,878$174,415
IX-7 Other salaries and wagesPrograms $1,142,523 · Management $132,502 · Fundraising $40,332$1,315,357
IX-8 Pension plan contributionsPrograms $40,497 · Management $2,290 · Fundraising $132$42,919
IX-9 Other employee benefitsPrograms $149,094 · Management $8,428 · Fundraising $486$158,008
IX-10 Payroll taxesPrograms $74,143 · Management $4,192 · Fundraising $241$78,576
IX-11g Other fees for servicesPrograms $123,505 · Management $149,483 · Fundraising $522$273,510
IX-13 Office expensesPrograms $4,995 · Management $2,596 · Fundraising $15,424$23,015
IX-14 Information technologyPrograms $28,485 · Management $2,611 · Fundraising $3,724$34,820
IX-16 OccupancyPrograms $96,316 · Management $6,977 · Fundraising $11,178$114,471
IX-20 InterestPrograms $34,372 · Management $2,479 · Fundraising $425$37,276
IX-22 Depreciation, depletion and amortizationPrograms $563,823 · Management $40,199 · Fundraising $7,613$611,635
IX-23 InsurancePrograms $127,284 · Management $21,572 · Fundraising $1,580$150,436
IX-24 Other expenses (24a–d)Programs $481,742 · Management $41,328 · Fundraising $46,087$569,157
IX-24e All other expensesPrograms $52,617 · Management $7,341 · Fundraising $381$60,339
IX-25 Total functional expensesPrograms $3,085,921 · Management $424,010 · Fundraising $134,003$3,643,934
Part X · Balance sheet $12,192,639 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $1,842,564$878,498
X-2 Savings and temporary cash investmentsStart of year $1,025,618$2,630,211
X-3 Pledges and grants receivableStart of year $41,599$400,836
X-4 Accounts receivableStart of year $210,352$295,571
X-8 Inventories for sale or useStart of year $15,714$20,130
X-9 Prepaid expenses and deferred chargesStart of year $105,655$115,119
X-10c Land, buildings and equipment, netStart of year $7,741,207$7,831,407
X-15 Other assets$20,867
X-16 Total assetsStart of year $10,982,709$12,192,639
X-17 Accounts payable and accrued expensesStart of year $174,545$99,685
X-19 Deferred revenueStart of year $227,947$214,163
X-25 Other liabilities$40,715
X-26 Total liabilitiesStart of year $1,282,691$1,165,346
X-27 Net assets without donor restrictionsStart of year $9,287,244$10,247,984
X-28 Net assets with donor restrictionsStart of year $412,774$779,309
X-32 Total net assets or fund balancesStart of year $9,700,018$11,027,293
X-33 Total liabilities and net assetsStart of year $10,982,709$12,192,639
Part XI · Reconciliation of net assets $11,027,293 net assets at year end
XI-1 Total revenue$4,971,209
XI-2 Total expenses$3,643,934
XI-3 Revenue less expenses$1,327,275
XI-4 Net assets at start of year$9,700,018
XI-10 Net assets at end of year$11,027,293

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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