HORIZON ACADEMY FOUNDATION

EIN: 453364070 501(c)(3) Education

ALBUQUERQUE, NM

Total Revenue
$617,367
Total Expenses
$518,452
Total Assets
$5,329,465
Net Assets
$-534,345
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NM
Principal Officer
FATIMA MENDOZA
Phone
5059980459
Tax Period
2024-07-01 to 2025-06-30

HORIZON ACADEMY FOUNDATION, founded in 2011, is a small nonprofit in the Education sector that reported $617K in total revenue in fiscal year 2024. The organization ran a surplus of $99K, a strong 16% operating margin.

Mission

THE PURPOSE FOR WHICH THE CORPORATION IS ORGANIZED IS TO RECEIVE AND MAINTAIN A FUND OR FUNDS OF REAL OR PERSONAL PROPERTY, OR BOTH, AND SUBJECT TO THE RESTRICTIONS AND LIMITATIONS HEREINAFTER SET FORTH, TO USE AND APPLY THE WHOLE OR ANY PART OF THE INCOME THERE FROM THE PRINCIPAL THEREOF EXCLUSIVELY FOR THE PURPOSE OF SUPPORTING THE PUBLIC EDUCATION PURPOSES OF HORIZON ACADEMY WEST CHARTER SCHOOL, A NEW MEXICO PUBLIC CHARTER SCHOOL, PROVIDING SUITABLE FACILITIES FOR THE OPERATION OF THE SCHOOL, AND FOR OTHER CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES PERMISSIBLE FOR EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 AND THE REGULATIONS PROMULGATED HEREUNDER, AS THEY NOW EXIST OR AS THEY MAY HEREAFTER BE AMENDED.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $560,517
Investment Income $56,850
Other Revenue $0
TOTAL REVENUE $617,367

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $510,918
Other Expenses $518,452
TOTAL EXPENSES $518,452

Year-over-Year Comparison

2024 2023 Change
Revenue $617,367 $617,725 0.0%
Expenses $518,452 $483,532 +0.1%
Net Income $98,915 $134,193 -0.3%
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

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Governance

Voting Members
2
Independent Members
2
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MERCY HERRERA FROM APR '25 SECRETARY 0.25
Officer Director
$0 $0 $0
RAQUEL MENDOZA NOV '24 TO APR '25 SECRETARY 0.25
Officer Director
$0 $0 $0
FATIMA MENDOZA PRESIDENT 1.00
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 $617,367 $518,452 $5,329,465 $98,915
2024 $617,725 $483,532 $5,343,984 $134,193
2023 $594,363 $513,269 $5,357,884 $81,094
2022 $563,194 $518,033 $5,396,790 $45,161
2021 $563,103 $523,035 $5,468,641 $40,068
2020 $569,915 $569,403 $5,536,022 $512
2019 $576,440 $545,855 $5,636,648 $30,585
2018 $566,386 $546,640 $5,702,726 $19,746
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