Overview
What is Horizon Foundation Inc?
Horizon Foundation Inc, based in Lee County, is a nonprofit organization dedicated to enhancing the region's business environment. They accomplish this by collaborating with Enterprise Florida Sponsorship (EFI) for quarterly business surveys, funding prospect visits, and managing promotional materials and their website. The organization is actively involved in the Horizon Council and Lee County Economic Development Office, working together to strategically market Southwest Florida as an attractive business location through sophisticated marketing strategies. Their mission focuses on promoting Lee County for business development.
Official website here: www.leecountybusiness.com/horizon-foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Horizon Foundation Inc has achieved a solid Three-Star rating from Charity Navigator, primarily reflecting its accountability and finance practices. With a score of 88%, the organization demonstrates effective oversight in its financial operations and governance, highlighted by having a fully independent board. The organization excels in areas such as financial statement audits, conflict of interest policies, and whistleblower protections, indicating a commitment to transparency and ethical management.
The foundation's program expense ratio stands at 63.93%, suggesting that a significant portion of its budget is allocated to its programs, although this could be improved to enhance its performance rating further. The low liabilities to assets ratio of 4.30% showcases a strong financial health, minimizing risks related to debt. Overall, the foundation appears to be well-managed and compliant with best practices.
However, while the financial and governance metrics are commendable, potential donors may want to explore more about the foundation's programmatic impact and results to gauge its effectiveness in fulfilling its mission. The focus on accountability is a strength, but a more comprehensive view of its program outcomes would provide a fuller picture of the organization’s contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Horizon Foundation Inc?
Horizon Foundation Inc has recently received its initial reviews on Facebook, with early sentiments leaning positively despite the limited number of responses. A singular commenter expressed strong support, highlighting the foundation's dedication to improving the quality of life in Lee County, FL.
While there are only a few reviews at this stage, the positive remarks indicate a strong commitment to community enhancement. The foundation's mission to uplift and support local initiatives resonates well with its early supporters.
As more feedback comes in, it will be interesting to see if this positive trajectory continues, suggesting that Horizon Foundation Inc is on the right path towards making a significant impact in the area it serves.
This AI summary has been generated from reviews found on Facebook.
Is Horizon Foundation Inc legitimate?
Horizon Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horizon Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,585
For more financial information, click here
Official website here: www.leecountybusiness.com/horizon-foundation
What is the mission statement of Horizon Foundation Inc?
The Horizon Foundation's mission is centered around marketing a specific area and promoting business development. They achieve this by sponsoring various initiatives, such as the quarterly business survey with Enterprise Florida Sponsorship (EFI), funding prospect visits, and managing promotional materials and their website. Furthermore, the foundation is actively involved in business-related activities, supporting and participating in efforts by the Horizon Council and the Lee County Economic Development Office. Their primary goal is to strategically promote a particular region as an attractive business destination, utilizing sophisticated marketing strategies.
Official website here: www.leecountybusiness.com/horizon-foundation
Who is the CEO of Horizon Foundation Inc?
Chris Spiro is the Ceo of Horizon Foundation Inc. The CEO's salary of Horizon Foundation Inc is $12,815 and their total compensation is $12,815.
Official website here: www.leecountybusiness.com/horizon-foundation
What is the revenue of Horizon Foundation Inc?
Horizon Foundation Inc's revenue in 2022 was $543,275.
Official website here: www.leecountybusiness.com/horizon-foundation
Who are the executives of Horizon Foundation Inc and what are their salaries?
The average compensation at Horizon Foundation Inc during 2022 was $36,862. There are 3 employees and 10 volunteers at Horizon Foundation Inc.
Here are 10 key members and their salaries (Horizon Foundation Inc's CEO's salary is $12,815 and their total compensation is $12,815):
- Compensation: $70,942
- Related: $0
- Other: $0
- Compensation: $12,815
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.leecountybusiness.com/horizon-foundation
Where can I find the form 990 for Horizon Foundation Inc?
Horizon Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leecountybusiness.com/horizon-foundation
Learn more at the official website: www.leecountybusiness.com/horizon-foundation
Mission Statement of Horizon Foundation Inc
The Horizon Foundation, as stated in its documentation, is primarily focused on marketing Lee County and promoting business development. It accomplishes this by sponsoring the Enterprise Florida Sponsorship (EFI) quarterly business survey and funding various initiatives such as prospect visits, fundraising events, promotional materials, and website management. Furthermore, the foundation actively participates and supports the efforts of the Horizon Council and Lee County Economic Development Office. These collaborations aim to strategically market Southwest Florida as an attractive destination for businesses, utilizing sophisticated marketing strategies.
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Impact
July, 2024
Horizon Foundation Inc plays a key role in marketing Lee County and driving business development initiatives. Their sponsorship of the Enterprise Florida Sponsorship (EFI) quarterly business survey, funding of prospect visits, fundraising efforts, and management of promotional items and website contribute to positioning Southwest Florida as an attractive business destination. By actively supporting the Horizon Council and Lee County Economic Development Office, the foundation engages in sophisticated marketing endeavors to promote the region's economic growth and prosperity.
This information is meant to be a general summary of Horizon Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $47
- Gross Receipts: $543,275
Assets and Liabilities:
- Total Assets: $923,962
- Total Liabilities: $39,899
- Net Assets: $884,063
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Organization Details
Founding Year
1998
Principal Officer
Chris Spiro
Main Address
2031 Jackson Street Suite 120, Fort Myers, FL, 33901
NTEE Category
Code: T30 - Philanthropy
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