HORIZON HEALTH PARTNERS INC

EIN: 471777904 501(c)(3)

TARBORO, NC

Total Revenue
$422,423
Total Expenses
$719,576
Total Assets
$10,350,155
Net Assets
$-899,845
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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
2014
Legal Domicile
DE
Principal Officer
ERIC EVANS
Phone
2528838328
Tax Period
2018-01-01 to 2018-12-31

HORIZON HEALTH PARTNERS INC, founded in 2014, is a small nonprofit that reported $422K in total revenue in fiscal year 2018. Expenses of $720K exceeded revenue, resulting in a 70% operating deficit.

Mission

TO ENSURE THE SUCCESSFUL CONSTRUCTION OF THE BIOTECH AND SIMULATION CENTER FOR EDGECOMBE COMMUNITY COLLEGE'S USE FOR ITS EXPANDED ALLIED HEALTH SCIENCES ACADEMIC PROGRAMS. HHP IS THE LANDLORD AND RECEIVES RENT REVENUE FROM THE COLLEGE IN EXCHANGE FOR ITS RIGHT TO USE THE FACILITY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $422,423
Investment Income $0
Other Revenue $0
TOTAL REVENUE $422,423

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $632,658
Other Expenses $719,576
TOTAL EXPENSES $719,576

Year-over-Year Comparison

2018 2017 Change
Revenue $422,423 $418,241 +0.0%
Expenses $719,576 $749,799 0.0%
Net Income $-297,153 $-331,558 -0.1%
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
3
Independent Members
2
Employees
N/A
Volunteers
3

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
2
$20,000
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBIN WEBB CORBETT VICE PRESIDENT 8.00
Officer Director
$0 $0 $0
ERIC EVANS BOARD MEMBER 4.00
Director
$0 $0 $0
LORENZO CARMON PRESIDENT 15.00
Officer
$20,000 $0 $20,000
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
2018 $422,423 $719,576 $10,350,155 $-297,153
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