HORIZONS PROGRAMS INC (EIN 061207164) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

CHRISTINA MCNABOE

Phone

8604561032

Tax Period

2023-07-01 to 2024-06-30

HORIZONS PROGRAMS INC, founded in 1987, is a mid-sized nonprofit in the Human Services sector that reported $15.1M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE HIGH QUALITY RESIDENTIAL, SUPPORT, AND WORK PROGRAMS FOR PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $347,475

Program Service Revenue $14,590,392

Investment Income $129,903

Other Revenue $66,605

TOTAL REVENUE $15,134,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,280,619

Fundraising Expenses $0

Program Expenses $13,417,343

Other Expenses $2,465,624

TOTAL EXPENSES $14,746,243

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,134,375	$13,979,840	+0.1%
Expenses	$14,746,243	$13,969,609	+0.1%
Net Income	$388,132	$10,231	+36.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

320

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$895,993

Total Directors

$221,870

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY FORD	COO	36.00	Officer	$135,248	$52,987	$188,235
CHRISTINA MCNABOE	PRESIDENT/CE	26.00	Officer Director	$24,001	$33,810	$154,847
JANICE CHAMBERLAIN	PART YEAR DI	36.00	Officer	$107,416	$47,354	$154,770
SIMON WELLS	CHIEF OF STA	40.00	Officer	$97,692	$46,059	$143,751
MARIA PALLEIN	DIRECTOR OF	22.00	Officer	$77,616	$39,906	$117,522
VICTORIA BACHIOCHI	PART YEAR DI	36.00	Officer	$51,752	$18,093	$69,845
KATHLEEN MCNABOE	VICE PRES/OR	9.00	Officer Director	$0	$2,578	$67,023
ELENA GERVINO	DIRECTOR	0.50	Director	$0	$0	$0
ALISON LENTOCHA	DIRECTOR	0.50	Director	$0	$0	$0
TOM AVERY	DIRECTOR	0.50	Director	$0	$0	$0
CHRISTIAN ROBISON	DIRECTOR	0.50	Director	$0	$0	$0
BARBARA FLANAGAN	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL WHITE	DIRECTOR	0.50	Director	$0	$0	$0
MATTHEW VERTEFEUILLE	BOARD CHAIR	0.50	Officer Director	$0	$0	$0
DEIRDHRE DELANEY	SECRETARY	0.50	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$15,134,375	$14,746,243	$5,121,090	$388,132
2023	$13,979,840	$13,969,609	$5,008,105	$10,231
2022	$11,839,249	$11,846,133	$4,078,169	$-6,884
2021	$13,316,001	$12,260,092	$3,799,957	$1,055,909
2020	$11,595,341	$11,340,604	$3,828,091	$254,737
2019	$10,286,013	$10,265,769	$1,766,210	$20,244
2018	$9,100,139	$8,767,061	$1,538,372	$333,078

HORIZONS PROGRAMS INC