501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
3 of 5
filings with a surplus
Average surplus $36K a year · 7% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
34 mo
of spending, in cash
Looks good: 34.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$15K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$419K
Spent
$253K
To programs
63%
Net assets
$702K
By yearFY2020–FY2024
Revenue
$419K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$419K
FY2021$501K
FY2022$543K
FY2023$599K
FY2024$600K
Expenses
$253K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$253K
FY2021$405K
FY2022$457K
FY2023$699K
FY2024$669K
Net assets
$702K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$702K
FY2021$798K
FY2022$884K
FY2023$784K
FY2024$715K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 Jul 2000.

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

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $159K Management & general 13% · $33K Fundraising 24% · $61K

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

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Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
Lee County Edo Directordirec
$0Pt VII · Sec A
Immediate Past Presidentdire
$0Pt VII · Sec A
Horizon Council Chair - Nonvo
$0Pt VII · Sec A
Lee County Ida Chairdirector
$0Pt VII · Sec A
Treasurerdirector
$0Pt VII · Sec A
Presidentdirector
$0Pt VII · Sec A
Secretarydirector
$0Pt VII · Sec A
Vice Presidentdirector
$0Pt VII · Sec A

William Johnson’s $94K as Executive Di is at the 82nd percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking 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

NameFY2024FY2023FY2022
William Johnson$94,375$94,375$12,815
Dilman Thomas——$70,942

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.

See Horizon Foundation INC executive salaries →

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes Southwest Florida as a business destination, attracting and retaining companies in Lee County.

Questions for Horizon Foundation INC

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Provided by the organization

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2 programs · $159K · in their own filed words · FY2020
01

With the mission of marketing Lee County, business development line items include expenses such as the quarterly business survey Enterprise Florida Sponsorship (EFI). Business expenses include prospect visits, fundraising, promotional items and website management tools.

$130Kprogram expense
02

The Foundation supports and participates in the activities of the Horizon Council and the Lee County Economic Development Office to retain and promote Southwest Florida as a business destination through sophisticated marketing efforts to strategically attract and retain companies that do or will do business in and with Lee County.

$28Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$8K
Grants paid · 5 grants · $488K · 2020–2024
Economic Development OfficeFY2024$165,582
Economic Development OfficeFY2023$134,218
Economic Development OfficeFY2022$74,542
Economic Development OfficeFY2021$85,535
Economic Development OfficeFY2020$28,406

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$419K
Ln 12
Gifts and grantsLn 1h$418K
Other incomeLn 4–11$866
Investment incomeLn 3$25
Money outPt IX
$253K
Ln 25
Programscol B$159K
Managementcol C$33K
Fundraisingcol D$61K
Owns and owesPt X
$702K
net assets · Ln 32
Cash and savingsLn 1–2$717K
Total assetsLn 16$717K
LiabilitiesLn 26$15K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$418K
Investment incomeLn 3$25
Other incomeLn 4–11$866
Total revenueLn 12$419K
Assets in detailPt X, end of year
CashLn 1$545K
SavingsLn 2$172K
Cash and savings togetherLn 1–2$717K
Total assetsLn 16$717K
LiabilitiesLn 26$15K
Net assetsLn 32$702K
OperationsPt I, VI
EmployeesI 53
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$480K$717K
Total assetsLn 16$530K$717K
LiabilitiesLn 26$353$15K
Net assetsLn 32$529K$702K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$28K$28K
Legal feesLn 11b$12K$12K
Accounting feesLn 11c$10K$10K
Professional fundraising feesLn 11e$59K$59K
Advertising and promotionLn 12$3K$3K
Conferences, conventions and meetingsLn 19$40K$40K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$87K$87K
All other expensesLn 24e$10K$9K$1K
Total functional expensesLn 25$253K$159K$33K$61K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $600K$669K−$68K$715K 990 PDF
FY2023 $599K$699K−$100K$784K 990 PDF
FY2022 $543K$457K$86K$884K 990 PDF
FY2021 $501K$405K$96K$798K 990 PDF
FY2020 Viewing $419K$253K$166K$702K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $418,516 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $397,667$417,625
I-9 Program service revenue$0
I-10 Investment incomePrior year $52$25
I-11 Other revenuePrior year −$104,986$866
I-12 Total revenuePrior year $292,733$418,516
I-13 Grants and similar amounts paidPrior year $19,336$28,406
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising feesPrior year $56,250$59,375
I-17 Other expensesPrior year $51,523$165,070
I-18 Total expensesPrior year $127,109$252,851
I-19 Revenue less expensesPrior year $165,624$165,665
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $418,516 across 5 lines filed
VIII-1f All other contributions, gifts and grants$417,625
VIII-1h Total contributions, gifts and grants$417,625
VIII-3 Investment incomeExcluded from tax $25$25
VIII-8 Net income from fundraising eventsExcluded from tax $866$866
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $891$418,516
Part IX · Statement of functional expenses $252,851 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $28,406$28,406
IX-11b Legal feesManagement $12,171$12,171
IX-11c Accounting feesManagement $10,500$10,500
IX-11e Professional fundraising feesFundraising $59,375$59,375
IX-12 Advertising and promotionPrograms $3,433$3,433
IX-19 Conferences, conventions and meetingsPrograms $39,667$39,667
IX-23 InsuranceManagement $1,986$1,986
IX-24 Other expenses (24a–d)Programs $87,094$87,094
IX-24e All other expensesManagement $8,751 · Fundraising $1,468$10,219
IX-25 Total functional expensesPrograms $158,600 · Management $33,408 · Fundraising $60,843$252,851
Part X · Balance sheet $716,951 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $308,232$545,104
X-2 Savings and temporary cash investmentsStart of year $171,278$171,847
X-16 Total assetsStart of year $529,510$716,951
X-17 Accounts payable and accrued expensesStart of year $353$14,869
X-26 Total liabilitiesStart of year $353$14,869
X-27 Net assets without donor restrictionsStart of year $481,907$665,832
X-28 Net assets with donor restrictionsStart of year $47,250$36,250
X-32 Total net assets or fund balancesStart of year $529,157$702,082
X-33 Total liabilities and net assetsStart of year $529,510$716,951
Part XI · Reconciliation of net assets $702,082 net assets at year end
XI-1 Total revenue$418,516
XI-2 Total expenses$252,851
XI-3 Revenue less expenses$165,665
XI-4 Net assets at start of year$529,157
XI-6 Donated services and use of facilities$7,260
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$702,082

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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