Overview
What is Horizon Education Centers?
Horizon Education Centers is a nonprofit organization based in North Olmsted, Ohio, with a workforce of 601 employees. Their mission is to provide affordable and quality childcare and educational opportunities for children and their families within their communities. The organization offers both childcare services and afterschool educational assistance for middle school students. Their activities are geared towards ensuring that children receive the best possible start in life while supporting their families.
Official website here: www.horizoneducationcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Horizon Education Centers has received a two-star rating from Charity Navigator, with an overall score of 74%. While the organization demonstrates strong governance with 100% independent board members and a high program expense ratio of 93.20%, indicating that a significant portion of their expenses is directed towards programs, there are notable areas for improvement. The lack of financial statements significantly impacted their accountability and finance score, resulting in a lower overall rating.
The organization has implemented several positive policies, such as conflict of interest and whistleblower policies, which suggest a commitment to transparency and ethical practices. However, the absence of their tax form on the website raises concerns about accessibility of financial information for potential donors and stakeholders. This omission contributes to a perception of limited financial transparency.
Overall, while Horizon Education Centers shows strengths in governance and program allocation, the lack of available financial documentation and lower accountability scores highlight the need for greater transparency and reporting practices to enhance trust and confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Horizon Education Centers legitimate?
Horizon Education Centers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horizon Education Centers 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,391,392
For more financial information, click here
Official website here: www.horizoneducationcenter.org
What is the mission statement of Horizon Education Centers?
Horizon Education Centers are dedicated to offering affordable quality childcare and educational opportunities for children and their families within their communities. their mission is centered around providing essential services that cater to the needs of young learners and their families. Through their programs, they aim to make a positive impact on the lives of children, ensuring they have access to valuable early education experiences and afterschool assistance. By prioritizing affordability, they aim to make these opportunities accessible to a wider range of families, ultimately contributing to the overall development and wellbeing of the communities they serve.
Official website here: www.horizoneducationcenter.org
Who is the CEO of Horizon Education Centers?
David Smith is the Trustee of Horizon Education Centers.
Official website here: www.horizoneducationcenter.org
What is the revenue of Horizon Education Centers?
Horizon Education Centers's revenue in 2022 was $19,966,532.
Official website here: www.horizoneducationcenter.org
Who are the executives of Horizon Education Centers and what are their salaries?
The average compensation at Horizon Education Centers during 2022 was $17,290. There are 601 employees at Horizon Education Centers.
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Official website here: www.horizoneducationcenter.org
Where can I find the form 990 for Horizon Education Centers?
Horizon Education Centers's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.horizoneducationcenter.org
Learn more at the official website: www.horizoneducationcenter.org
Mission Statement of Horizon Education Centers
Horizon Education Centers, a renowned nonprofit organization, is dedicated to making a difference in the lives of children and their families by providing affordable, quality childcare and educational opportunities within their communities. Their mission is twofold: to ensure children receive the best possible start in life through childcare, and to offer middle school students additional educational assistance beyond the classroom.
In simple terms, Horizon Education Centers strives to bridge the gap between the need for quality education and the financial means of families in their communities. By providing affordable childcare, they allow parents to focus on their employment and financial stability while ensuring their children receive a strong foundation for their future education. Furthermore, the organization extends its reach to middle school students by offering afterschool educational assistance, enabling them to excel academically and build essential skills for their future.
Horizon Education Centers is more than just a childcare and education provider. They are a vital resource for families, providing a supportive and inclusive environment designed to help children grow and thrive. By offering affordable, quality services, they empower families with the tools they need to succeed and create opportunities for children to reach their full potential.
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Impact
October, 2024
Horizon Education Centers significantly enhances the lives of children and families in the North Olmsted community by providing accessible, high-quality childcare and educational opportunities. Their focus on early childhood education ensures that young children receive the foundational skills necessary for lifelong learning and development. Additionally, their afterschool programs offer critical educational assistance to middle school students, helping bridge gaps in knowledge and supporting academic success.
By prioritizing affordability in their services, Horizon Education Centers alleviates financial burdens for families, enabling them to access quality care and education without the worry of excessive costs. This commitment fosters a nurturing environment that empowers children and supports families, ultimately contributing to healthier, more educated communities. Their work not only addresses immediate needs but also lays the groundwork for long-term developmental benefits for children, positioning them for better opportunities in the future.
This information is meant to be a general summary of Horizon Education Centers. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $18,706
- Program Service Revenue: $10,881,764
- Gross Receipts: $19,966,532
Assets and Liabilities:
- Total Assets: $26,023,146
- Total Liabilities: $15,617,987
- Net Assets: $10,405,159
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION - NET REFUNDS
Revenue
$10,881,764
Organization Details
Founding Year
1978
Phone
(440) 463-8106Principal Officer
David Smith
Main Address
25300 LORAIN ROAD, NORTH OLMSTED, OH, 44070
NTEE Category
Code: P33 - Human services
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