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Horizons For Youth

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

EIN: 363796784 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Horizons For Youth?

Horizons For Youth is a nonprofit organization situated in Chicago, Illinois, dedicated to empowering children from economically disadvantaged backgrounds. They offer need-based scholarships, personal mentoring, and enrichment activities to help these children realize their full potential. The organization provides one-on-one mentoring and tutoring, summer academic programs, high school and college preparation assistance, as well as aid in completing college applications and securing financial aid. Year-round academic monitoring and support are also available at various educational levels. The mission of Horizons For Youth is to enable these children to become the first in their families to earn a college degree. With a team of 16 dedicated individuals, the organization strives to make a significant impact in the lives of its beneficiaries.


Official website here: www.horizons-for-youth.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 100% (Four-Star out of Four Star rating)

Horizons For Youth has achieved a perfect score of 100% on Charity Navigator, reflecting strong accountability and financial health. This rating emphasizes the organization’s commitment to transparency and responsible management, evidenced by its 100% independent board and effective financial oversight. The charity has no reported issues concerning asset diversion and maintains rigorous policies on conflicts of interest and whistleblower protections.

The organization demonstrates a solid program expense ratio of 73.80%, indicating that a significant portion of its funds directly supports its mission. Additionally, Horizons For Youth shows impressive fundraising efficiency with a low cost of $0.15 to raise a dollar, showcasing its effectiveness in mobilizing resources for its programs. The working capital ratio of 1.03 years further indicates financial stability, allowing for sustained operations and program delivery.

While the ratings highlight numerous strengths, there may be limited information on the specific program outcomes and impact of their initiatives, which could provide a fuller picture of the organization’s effectiveness. Overall, Horizons For Youth exemplifies a well-managed nonprofit with a strong dedication to accountability and financial integrity.


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

What do the Facebook reviews say about Horizons For Youth?

100% of the 14 reviewers on Facebook recommend Horizons For Youth. Here is a summary of their reviews:

The overwhelming sentiment is one of appreciation for the program and its dedication to the children it serves. Reviewers commend the staff, mentors, and tutors for their commitment to helping students excel and for going above and beyond in their support. Many express gratitude for the positive impact the organization has on the youth.

Overall, it is clear that the nonprofit is making a significant difference in the lives of those it serves, with strong support and admiration from the community.


This AI summary has been generated from reviews found on Facebook.

Is Horizons For Youth legitimate?

Horizons For Youth is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horizons For Youth 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: $197,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $939,543

For more financial information, click here


Official website here: www.horizons-for-youth.org

What is the mission statement of Horizons For Youth?

Horizons For Youth, as an organization, is committed to empowering youth from low-income areas. Its mission is to facilitate the first generation in their families to graduate from college. The organization accomplishes this by partnering with dedicated parents and offering comprehensive support programs. These programs cater to children of various academic abilities, helping them to reach their full potential. This is achieved through need-based tuition scholarships, one-on-one mentoring, enrichment outings, academic summer programs, high school and college preparation, college and financial aid application assistance, year-round academic monitoring, and support at the elementary, high school, and college levels.


Official website here: www.horizons-for-youth.org

Who is the CEO of Horizons For Youth?

Greg Borkowski is the Chair of Horizons For Youth.


Official website here: www.horizons-for-youth.org

What is the revenue of Horizons For Youth?

Horizons For Youth's revenue in 2023 was $2,302,206.


Official website here: www.horizons-for-youth.org

Who are the executives of Horizons For Youth and what are their salaries?

The average compensation at Horizons For Youth during 2023 was $71,053. There are 16 employees and 195 volunteers at Horizons For Youth.


Here are 18 key members and their salaries:


Jeff Wright (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Borkowski (Secretary (Admin))
  • Compensation: $174,662
  • Related: $0
  • Other: $9,721
John Skakun (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Romans (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Carey (Secretary (Operational))
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernadette Broccolo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Bradley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Doyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Leonard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Ludolph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chardai Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Philibin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Bank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Coffey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ardis Tabb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Feisara Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meghan Colgan (Chief Of Staff)
  • Compensation: $117,403
  • Related: $0
  • Other: $6,857


Official website here: www.horizons-for-youth.org

Where can I find the form 990 for Horizons For Youth?

Horizons For Youth's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.horizons-for-youth.org

Learn more at the official website: www.horizons-for-youth.org

Mission Statement of Horizons For Youth

Horizons for Youth, a community-driven organization, is devoted to empowering children from low-income areas in Chicago. Its mission is to foster an environment that encourages these youth to become the first generation in their families to earn a college degree. The organization collaborates with dedicated parents to offer a holistic support system, catering to children across various academic abilities. Through need-based tuition scholarships, one-on-one mentoring, and enrichment outings, Horizons for Youth aims to help these children reach their full potential. The organization's commitment extends beyond the summer months, providing year-round academic support, college and financial aid application assistance, and high school and college preparation. Essentially, Horizons for Youth is committed to helping these children navigate their educational journey, enabling them to break the cycle of poverty and pave the way for a brighter future for their families.

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Impact




October, 2024

Horizons For Youth significantly impacts youth from low-resource areas by empowering them to become the first in their families to graduate from college. Through personalized support, including need-based tuition scholarships and one-on-one mentoring, the organization fosters a nurturing environment where children can recognize and realize their full potential.

By offering academic programs and enrichment activities, Horizons For Youth equips students with the necessary tools to succeed in their academic journeys. Year-round monitoring and support, along with high school and college preparation assistance, ensure that they stay on track towards higher education. This comprehensive approach not only enhances students' academic abilities but also instills confidence and resilience, ultimately transforming their futures and creating a ripple effect that benefits their families and communities in Chicago.




This information is meant to be a general summary of Horizons For Youth. 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
$2,302,206 (2023)
Expenses
$2,724,748 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $30,521
  • Gross Receipts: $2,419,236

Assets and Liabilities:

  • Total Assets: $2,611,039
  • Total Liabilities: $111,668
  • Net Assets: $2,499,371

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Organization Details

Founding Year

1991

Principal Officer

Greg Borkowski

Main Address

703 West Monroe 2nd Floor, Chicago, IL, 60661

NTEE Category

Code: O50Z - Youth development

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