Overview
What is Horizon Academy Foundation?
The Horizon Academy Foundation, established in Albuquerque, New Mexico, is a charitable organization dedicated to supporting Horizon Academy West Charter School, a public charter school in the state. Its primary mission involves managing funds for the educational purposes of the school, providing necessary facilities for its operation, and contributing to various charitable, religious, scientific, literary, or educational causes that fall under Section 501(C)(3) of the Internal Revenue Code. By doing so, the foundation aims to enhance the educational opportunities and experiences for students at Horizon Academy West Charter School.
Is Horizon Academy Foundation legitimate?
Horizon Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horizon Academy Foundation 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: $0
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What is the mission statement of Horizon Academy Foundation?
The Horizon Academy Foundation is established to collect and manage funds, with the primary intention of supporting the educational purposes of Horizon Academy West Charter School, a New Mexico public charter school. The foundation's resources are to be utilized in providing suitable facilities for the school's operation and for various charitable, religious, scientific, literary, or educational purposes that fall under the scope of Section 501(C)(3) of the Internal Revenue Code of 1986. The foundation's activities are subject to certain restrictions and limitations, which may change over time. Its goal is to contribute to the betterment of public education and related fields.
Who is the CEO of Horizon Academy Foundation?
Fatima Mendoza is the Director of Horizon Academy Foundation.
What is the revenue of Horizon Academy Foundation?
Horizon Academy Foundation's revenue in 2022 was $563,194.
Who are the executives of Horizon Academy Foundation and what are their salaries?
There 3 volunteers at Horizon Academy Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Horizon Academy Foundation?
Horizon Academy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Horizon Academy Foundation
The Horizon Academy Foundation, as a charitable organization, is structured to collect and manage funds, both real and personal property, subject to certain restrictions and limitations. Its primary objective is to utilize the income generated from these funds exclusively for supporting the public education purposes of Horizon Academy West Charter School, a New Mexico-based public charter school. The foundation's role extends beyond this, as it also aims to provide suitable facilities for the school's operation. In addition, the Horizon Academy Foundation is permitted to engage in various charitable, religious, scientific, literary, or educational activities that are in line with the guidelines for exempt organizations under Section 501(c)(3) of the Internal Revenue Code of 1986 and the regulations promulgated thereunder. This versatile mission allows the foundation to contribute to a wide range of educational and social causes, thereby making a significant impact in various fields.
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Impact
October, 2024
Horizon Academy Foundation plays a crucial role in enhancing the educational environment at Horizon Academy West Charter School in Albuquerque, New Mexico. By maintaining and utilizing funds, the foundation supports not only the core educational needs of the school but also facilitates the provision of suitable facilities for effective learning.
The foundation's impact reaches beyond mere financial assistance; it fosters a holistic educational experience by enabling the school to implement various programs and services that benefit students and the community. This alignment with educational purposes ensures that resources are effectively directed towards enhancing academic opportunities and enriching the overall educational experience.
Additionally, by supporting charitable, scientific, literary, and educational endeavors, the foundation contributes to a broader understanding of knowledge and learning within the community. Its commitment to public education ensures that students receive quality support that is essential for their academic and personal growth, positively influencing the lives of families and the community as a whole.
This information is meant to be a general summary of Horizon Academy Foundation. 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: $324
- Program Service Revenue: $562,870
- Gross Receipts: $563,194
Assets and Liabilities:
- Total Assets: $5,396,790
- Total Liabilities: $6,245,337
- Net Assets: -$848,547
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
3021 TODOS SANTOS LEASE
Revenue
$562,870
Organization Details
Founding Year
2011
Phone
(505) 998-0459Principal Officer
Fatima Mendoza
Main Address
3021 TODOS SANTOS NW, ALBUQUERQUE, NM, 87120
NTEE Category
Code: B11 - Education
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