Horizon Science Academy Springfield (EIN 202004609) - 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

2004

Legal Domicile

Principal Officer

Ramazan Celep

Phone

4195350524

Tax Period

2023-07-01 to 2024-06-30

Horizon Science Academy Springfield, founded in 2004, is a community nonprofit in the Education sector that reported $5.9M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring.

Mission

Horizon Science Academy Springfield is a public charter school that serving grades K through 8 for children in Cleveland, OH. The school is a college prep school focusing on math, science and technology education.

🔒

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 $5,891,269

Program Service Revenue $12,302

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,903,571

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,863,766

Fundraising Expenses $0

Program Expenses $5,787,914

Other Expenses $2,924,148

TOTAL EXPENSES $5,787,914

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,903,571	$7,627,007	-0.2%
Expenses	$5,787,914	$5,680,369	+0.0%
Net Income	$115,657	$1,946,638	-0.9%

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

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

Total Directors

Key Employees

$97,099

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Erin Schreiner	School Principal	040.00	Key Emp Highest	$97,099	$0	$97,099
Raymond Collins	Board Member	001.00	Director	$0	$0	$0
Jacqueline Blueitt	Board Member	001.00	Director	$0	$0	$0
Bill Brown	Board President	001.00	Director	$0	$0	$0
Michelle Thomas	Board Member	001.00	Director	$0	$0	$0
Melissa Beland	Board Member	001.00	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	$5,903,571	$5,787,914	$12,232,493	$115,657
2023	$7,627,007	$5,680,369	$12,401,284	$1,946,638
2022	$6,339,925	$4,738,542	$10,636,309	$1,601,383
2021	$5,356,799	$4,656,223	$2,447,358	$700,576
2020	$4,378,728	$4,473,670	$1,754,958	$-94,942
2019	$4,158,848	$3,953,355	$1,460,006	$205,493

Horizon Science Academy Springfield