HORIZON EDUCATIONAL SERVICES OF COLUMBUSINC (EIN 311657839) - 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

1999

Legal Domicile

Principal Officer

UGUR ZENGINCE

Phone

6148467616

Tax Period

2022-07-01 to 2023-06-30

HORIZON EDUCATIONAL SERVICES OF COLUMBUSINC, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $10.5M in total revenue in fiscal year 2022. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 17% operating margin.

Mission

HORIZON SCIENCE ACADEMY COLUMBUS HIGH SCHOOL IS A PUBLIC CHARTER SCHOOL THAT IS SERVING GRADES 9 THROUGH 12 FOR CHILDREN IN COLUMBUS, OHIO. THE SCHOOL IS A COLLEGE PREPARATORY SCHOOL FOCUSING ON MATH, SCIENCE, AND TECHNOLOGY EDUCATION. THE SCHOOL ENROLLED 496 STUDENTS IN 2022-2023 SCHOOL YEAR.

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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 (2022)

Revenue Breakdown

Contributions & Grants $10,360,136

Program Service Revenue $168,387

Investment Income $289

Other Revenue $0

TOTAL REVENUE $10,528,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,472,457

Fundraising Expenses $0

Program Expenses $7,686,252

Other Expenses $3,304,857

TOTAL EXPENSES $8,777,314

Year-over-Year Comparison

	2022	2021	Change
Revenue	$10,528,812	$8,058,674	+0.3%
Expenses	$8,777,314	$6,956,816	+0.3%
Net Income	$1,751,498	$1,101,858	+0.6%

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

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
NANCY CALVARY	BOARD MEMBER	N/A	Director	$0	$0	$0
DAVID W DITMARS	BOARD MEMBER	N/A	Director	$0	$0	$0
ISA KUYULAR	BOARD MEMBER	N/A	Director	$0	$0	$0
MICHAEL PRATT	PRESIDENT	N/A	Officer Director	$0	$0	$0
SUMAYA YUSUF	BOARD MEMBER	N/A	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	No data	No data	No data	No data
2023	$10,528,812	$8,777,314	$14,054,923	$1,751,498
2022	$8,058,674	$6,956,816	$9,796,612	$1,101,858
2021	$7,486,400	$6,482,775	$8,271,035	$1,003,625
2020	$6,763,926	$6,009,619	$7,303,106	$754,307
2019	$5,175,237	$4,353,692	$6,501,360	$821,545
2018	$4,835,851	$2,617,991	$6,375,956	$2,217,860

HORIZON EDUCATIONAL SERVICES OF COLUMBUSINC