Overview
What is Horizon Counseling?
Horizon Counseling is a nationally recognized organization, approved by the U.S. Department of Housing and Urban Development (HUD), that specializes in providing Home Equity Conversion Counseling services. This nonprofit agency assists individuals and families with home equity conversion-related matters, aiming to promote financial stability and responsible homeownership. Their mission is deeply rooted in helping clients navigate the complexities of home equity conversion, offering guidance and support throughout the process.
Official website here: www.callhorizon.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating)
Horizon Counseling received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas of accountability and finance. With an overall score of 69%, the organization demonstrates strong financial management, as evidenced by a program expense ratio of 80.64% and a favorable liabilities to assets ratio of 40.06%. The presence of an independent board is also commendable, with all members meeting the criteria for independence.
However, there are notable weaknesses that impact the overall rating. Horizon Counseling lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for transparency and governance. Additionally, the organization has not made its tax form available on its website, which limits accessibility to important financial information for stakeholders.
Overall, while Horizon Counseling shows strength in financial metrics and governance structure, the absence of key policies suggests that improvements are necessary to enhance accountability and build trust with supporters and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Horizon Counseling legitimate?
Horizon Counseling is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horizon Counseling 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: $413,841
For more financial information, click here
Official website here: www.callhorizon.com
What is the mission statement of Horizon Counseling?
Horizon Counseling, being a nationally recognized agency approved by HUD, is committed to providing home equity conversion counseling. Their mission is centered around assisting individuals in making informed decisions regarding their home equity, aiming to promote financial stability and understanding. By offering this service, Horizon Counseling plays a vital role in helping homeowners navigate the complexities of home equity conversion, ensuring they make well-informed decisions that best suit their financial needs.
Official website here: www.callhorizon.com
Who is the CEO of Horizon Counseling?
Jonathan Carter is the Chair of Horizon Counseling.
Official website here: www.callhorizon.com
What is the revenue of Horizon Counseling?
Horizon Counseling's revenue in 2022 was $1,097,528.
Official website here: www.callhorizon.com
Who are the executives of Horizon Counseling and what are their salaries?
The average compensation at Horizon Counseling during 2022 was $18,811. There are 22 employees at Horizon Counseling.
Here are 4 key members and their salaries:
- Compensation: $265,340
- Related: $0
- Other: $0
- Compensation: $265,340
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.callhorizon.com
Where can I find the form 990 for Horizon Counseling?
Horizon Counseling's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.callhorizon.com
Learn more at the official website: www.callhorizon.com
Mission Statement of Horizon Counseling
Horizon Counseling, a nationally recognized agency approved by HUD, is committed to providing home equity conversion counseling. This mission is centered around assisting individuals in understanding and making informed decisions about converting the equity in their homes. By offering this service, Horizon Counseling aims to empower homeowners and help them make the most out of their property's equity, ultimately promoting financial stability and security.
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Impact
July, 2024
Horizon Counseling has a significant impact on individuals seeking home equity conversion counseling. Their national HUD-approved agency provides essential support and guidance to clients navigating the complexities of this financial process. By offering personalized counseling services, Horizon Counseling empowers individuals to make informed decisions regarding their home equity, ultimately leading to improved financial outcomes. Their dedication to serving clients across the nation demonstrates a commitment to enhancing accessibility and understanding in the realm of home equity conversion counseling.
This information is meant to be a general summary of Horizon Counseling. 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.
- Program Service Revenue: $1,097,528
- Gross Receipts: $1,097,528
Assets and Liabilities:
- Total Assets: $350,373
- Total Liabilities: $13,178
- Net Assets: $337,195
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CREDIT COUNSELING FEES
Revenue
$1,097,528
Organization Details
Founding Year
2017
Phone
(888) 315-4326Principal Officer
Jonathan Carter
Main Address
905 ARBOR VIEW LANE, WOODSTOCK, GA, 30188
Website
www.callhorizon.comNTEE Category
Code: P51 - Human services
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