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Horizons Of Hope Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260152516 ✦ Goshen, IN ✦ Designated as a 501(c)(3)

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Overview

What is Horizons Of Hope Inc?

Horizons Of Hope Inc, located at 215 Lakeview Drive, Goshen, Indiana 46528, is a nonprofit organization that primarily functions as a residential living facility. It accommodates up to 10 live-in female residents, along with staff members, with the goal of offering educational benefits. The organization focuses on mental health, encouraging its residents to engage in healthy activities, while simultaneously providing professional psychological and psychiatric assistance. Horizons Of Hope Inc aims to help these females develop the skills necessary to become contributing members of society. With a workforce of 44 individuals, the organization is dedicated to improving the lives of those it serves.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating.

Horizons Of Hope Inc demonstrates solid accountability and finance practices, with a strong program expense ratio of 79.47%, indicating that a significant portion of its budget is directed towards its programs. The organization excels in areas such as board independence and financial management, achieving full points in several categories, including the majority of independent board members and the liabilities to assets ratio.

However, the organization faces notable limitations that impact its overall rating. It has received a zero score in financial statements, and several key policies—including a whistleblower policy and document retention protocol—are missing. Additionally, the website is not listed on their tax form, which contributes to transparency concerns. These factors highlight areas for improvement that could enhance the trust and effectiveness of the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Horizons Of Hope Inc legitimate?

Horizons Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horizons Of Hope Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $46,807
Professional Fundraising Fees: $0
Other Salaries and Wages: $215,789

For more financial information, click here

What is the mission statement of Horizons Of Hope Inc?

Horizons of Hope Inc is committed to providing long-term psychiatric care for female residents. Their mission is to facilitate their residents' educational and psychological growth, equipping them with the necessary skills to function as contributing members of society. The residential facility, accommodating up to 10 residents, offers mental health activities and professional psychological and psychiatric assistance. The ultimate goal is to empower these women, helping them integrate into society and lead fulfilling lives.

Who is the CEO of Horizons Of Hope Inc?

Daniel Martin is the Chairman of Horizons Of Hope Inc.

What is the revenue of Horizons Of Hope Inc?

Horizons Of Hope Inc's revenue in 2022 was $763,306.

Who are the executives of Horizons Of Hope Inc and what are their salaries?

The average compensation at Horizons Of Hope Inc during 2022 was $5,968. There are 44 employees and 25 volunteers at Horizons Of Hope Inc.


Here are 8 key members and their salaries:


Harvey Yoder (Administrator)
  • Compensation: $38,693
  • Related: $0
  • Other: $0
Norman Yoder (Asst Administrator)
  • Compensation: $8,114
  • Related: $0
  • Other: $0
Roman Plank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Helmuth (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernie Miller (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Martin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Frey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Yoder (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Horizons Of Hope Inc?

Horizons Of Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Horizons Of Hope Inc

Horizons of Hope Inc, a long-term psychiatric care facility, is dedicated to providing educational and psychological and psychiatric assistance to female residents. The organization's mission is to help these residents learn to function as contributing members of society. By offering mental health services and opportunities for mentally healthy activities, Horizons of Hope aims to empower its residents, enabling them to lead fulfilling lives within their communities. The facility, which houses up to 10 live-in female residents and staff members, serves as a safe space where these individuals can receive the professional psychological and psychiatric support they need to achieve their goals and reintegrate into society.

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Impact




October, 2024

Horizons Of Hope Inc has created a significant impact by providing a supportive and educational environment for female residents in need of long-term psychiatric care. With a capacity for just ten live-in residents, the facility ensures personalized attention and comprehensive support, focusing on mental health and recovery.

Residents benefit from professional psychological and psychiatric assistance, which is crucial for their healing and development. The facility emphasizes educational opportunities, enabling women to acquire skills and knowledge that empower them to engage meaningfully with society. By fostering mentally healthy activities and personal growth, Horizons Of Hope Inc equips these women with the tools necessary to function as contributing members of their communities.

Through its dedicated approach, the organization not only addresses immediate mental health needs but also instills a sense of hope and purpose, which plays a vital role in the long-term wellbeing of its residents. By investing in the futures of these women, Horizons Of Hope Inc is making strides in transforming lives and breaking cycles of struggle associated with mental health challenges.




This information is meant to be a general summary of Horizons Of Hope Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$763,306 (2022)
Expenses
$518,996 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,444
  • Program Service Revenue: $506,327
  • Gross Receipts: $805,051

Assets and Liabilities:

  • Total Assets: $1,161,207
  • Total Liabilities: $5,640
  • Net Assets: $1,155,567

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENT FEES

Revenue

$506,327

Organization Details

Founding Year

2007

Principal Officer

Daniel Martin

Main Address

215 LAKEVIEW DRIVE, GOSHEN, IN, 46528

NTEE Category

Code: E50 - Health

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