Overview
What is Horizons Student Opportunities And Results For New Mexico Inc?
Horizons Student Opportunities and Results for New Mexico Inc, often referred to as Horizons Albuquerque, is a dedicated nonprofit organization based in Albuquerque, New Mexico. Their primary mission is to enhance educational opportunities for underprivileged children in the city. They accomplish this by collaborating with families, communities, and schools to provide a summer academic and enrichment program, in addition to year-round supportive services. These services cater to the academic needs of students, ensuring their continued progress beyond the summer program. The organization serves approximately 180 students annually, ranging from kindergarten to twelfth grade. Their faculty comprises 33 members, ensuring a favorable 5:1 student-teacher ratio. During the summer, they offer six weeks of academic learning, maintaining an impressive 87% attendance rate. The students they serve are eligible for free or reduced-cost lunches, and their program partners with 60 feeder schools across Albuquerque and Rio Rancho. Horizons Albuquerque also values parental involvement, with 86% of parents actively participating in their initiatives.
Official website here: www.horizonsalbuquerque.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating. Horizons Student Opportunities And Results For New Mexico Inc demonstrates a solid commitment to accountability and finance, achieving a high score in these areas. The charity's board is entirely independent, which often indicates strong governance and reduces potential conflicts of interest.
The organization excels in its financial management, with an impressive program expense ratio of 70.51%, suggesting that a significant portion of its resources is directed toward its programs rather than administrative costs. Additionally, there are no material diversions of assets reported, further reinforcing its sound financial practices. The presence of documented board meeting minutes and a conflict of interest policy also contribute positively to its accountability credentials.
However, there are notable limitations, such as the absence of a whistleblower policy and a document retention and destruction policy, both of which are important for transparency and risk management. Additionally, the nonprofit's tax form is not uploaded on its website as required, which could hinder public access to important financial information. Overall, while Horizons Student Opportunities And Results For New Mexico Inc has strengths in governance and financial oversight, addressing these gaps could enhance its credibility further.
This AI summary has been generated from information found on Charity Navigator.
Is Horizons Student Opportunities And Results For New Mexico Inc legitimate?
Horizons Student Opportunities And Results For New Mexico Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horizons Student Opportunities And Results For New Mexico 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: $62,484
Professional Fundraising Fees: $0
Other Salaries and Wages: $229,269
For more financial information, click here
Official website here: www.horizonsalbuquerque.org/
What is the mission statement of Horizons Student Opportunities And Results For New Mexico Inc?
The mission of Horizons Student Opportunities And Results For New Mexico Inc, in essence, is to enhance learning opportunities for underprivileged children. They achieve this by partnering with families, communities, and schools to provide a summer academic and enrichment program, as well as year-round supportive services. The summer program lasts for six weeks, focusing on academic learning. The organization boasts an 87% student attendance rate, with a 5:1 student-teacher ratio. Furthermore, they ensure 100% eligibility for free or reduced-cost lunches and maintain high parental involvement, with 86% of parents or grandparents participating. The program serves students from kindergarten to rising 12th grade and collaborates with 60 feeder schools across Albuquerque and Rio Rancho.
Official website here: www.horizonsalbuquerque.org/
Who is the CEO of Horizons Student Opportunities And Results For New Mexico Inc?
Tracy Herrera is the Director of Horizons Student Opportunities And Results For New Mexico Inc.
Official website here: www.horizonsalbuquerque.org/
What is the revenue of Horizons Student Opportunities And Results For New Mexico Inc?
Horizons Student Opportunities And Results For New Mexico Inc's revenue in 2022 was $552,275.
Official website here: www.horizonsalbuquerque.org/
Who are the executives of Horizons Student Opportunities And Results For New Mexico Inc and what are their salaries?
The average compensation at Horizons Student Opportunities And Results For New Mexico Inc during 2022 was $7,885. There are 37 employees and 13 volunteers at Horizons Student Opportunities And Results For New Mexico Inc.
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Official website here: www.horizonsalbuquerque.org/
Where can I find the form 990 for Horizons Student Opportunities And Results For New Mexico Inc?
Horizons Student Opportunities And Results For New Mexico Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.horizonsalbuquerque.org/
Learn more at the official website: www.horizonsalbuquerque.org/
Mission Statement of Horizons Student Opportunities And Results For New Mexico Inc
Horizons Albuquerque, a nonprofit organization, is committed to enhancing the life opportunities of underserved children in Albuquerque. Their mission is centered around addressing the academic needs of these children through extended learning. This includes summer academic and enrichment programs, as well as year-round, supportive services for the students and their families. The organization partners with families, communities, and schools to ensure a holistic approach to education, providing a 5:1 student-teacher ratio and an 86% parent or grandparent involvement rate. By offering these comprehensive programs, Horizons Albuquerque aims to improve the academic achievements and overall well-being of the children they serve.
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Impact
July, 2024
Horizons Student Opportunities And Results For New Mexico Inc’s impact can be seen in the positive outcomes it achieves for underserved children in Albuquerque. By providing summer academic and enrichment programs along with year-round supportive services, the organization is improving life opportunities for these students. With a strong focus on partnering with families, communities, and schools, Horizons Albuquerque serves 180 students from kindergarten through 12th grade, with a notable 87% student attendance rate. The program boasts a 5:1 student-teacher ratio, emphasizing personalized attention and high-quality instruction. Additionally, the organization's commitment to involving parents and grandparents is reflected in the impressive 86% involvement rate. By addressing academic needs and offering wrap-around services, Horizons Albuquerque is making a significant impact on the educational outcomes and overall well-being of the students it serves.
This information is meant to be a general summary of Horizons Student Opportunities And Results For New Mexico 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: $53
- Gross Receipts: $552,275
Assets and Liabilities:
- Total Assets: $213,221
- Total Liabilities: $10,288
- Net Assets: $202,933
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Organization Details
Founding Year
2016
Phone
(505) 898-6388Principal Officer
Tracy Herrera
Main Address
PO BOX 6066, ALBUQUERQUE, NM, 87197
Website
www.horizonsalbuquerque.org/NTEE Category
Code: B90 - Education
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