HORIZONS FOUNDATION OF OKALOOSA COUNTY INC (EIN 262371885) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

JOHN ROPER

Phone

8508631530

Tax Period

2020-07-01 to 2021-06-30

HORIZONS FOUNDATION OF OKALOOSA COUNTY INC, founded in 1992, is a micro nonprofit that reported $100 in total revenue in fiscal year 2020. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $57K exceeded revenue, resulting in a 56541% operating deficit.

Mission

TO RAISE FUNDS TO DISTRIBUTE TO HORIZONS OF OKALOOSA COUNTY, INC., A 501(C)3 ORGANIZATION WHOSE PRIMARY PURPOSE IS TO CREATE A PATH FROM DISABILITY TO CAPABILITY BY PROVINDING EXCEPTIONAL SERVICES SO PEOPLE OF ALL AGES CAN WORK, PLAY, LEARN, ACHIEVE PERSONAL GOALS, AND LIVE MEANINGFUL LIVES.

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Trantor Score

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

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

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $100

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $100

Expense Breakdown

Grants Paid $56,641

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $56,641

Other Expenses $0

TOTAL EXPENSES $56,641

Year-over-Year Comparison

	2020	2019	Change
Revenue	$100	$248,664	-1.0%
Expenses	$56,641	$274,774	-0.8%
Net Income	$-56,541	$-26,110	+1.2%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACY MCMORROW	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
MATT TURPIN	PRESIDENT	0.50	Officer Director	$0	$0	$0
JOHN ROPER	CEO	45.00	Officer Director	$0	$0	$0
JULIA B HOLMES	SECRETARY	0.50	Director	$0	$0	$0
MARY TINSLEY	TREASURER	0.50	Officer Director	$0	$0	$0
WAYNE CAMPBELL	DIRECTOR	0.50	Director	$0	$0	$0
FORREST TOWNSEND	DIRECTOR	0.50	Director	$0	$0	$0
RICHARD COMER	DIRECTOR	0.50	Director	$0	$0	$0
RON GRISSOM	DIRECTOR	0.50	Director	$0	$0	$0
JEFF HOOTON	DIRECTOR	0.50	Director	$0	$0	$0
SUZANNE SANDERSON	DIRECTOR OF FINANCE	0.50	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
2021	$100	$56,641	No data	$-56,541
2020	$248,664	$274,774	$56,541	$-26,110
2019	$338,811	$288,587	$81,555	$50,224
2018	$287,944	$341,200	$32,426	$-53,256

HORIZONS FOUNDATION OF OKALOOSA COUNTY INC