Frontier Horizon Inc

EIN: 542034061 501(c)(3) Environment

Virginia Beach, VA

Total Revenue
$424,000
Total Expenses
$543,211
Total Assets
$58,730
Net Assets
$-199,991
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
VA
Principal Officer
Vincent Rosini
Phone
7577493921
Tax Period
2023-01-01 to 2023-12-31

Frontier Horizon Inc, founded in 2001, is a small nonprofit in the Environment sector that reported $424K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $543K exceeded revenue, resulting in a 28% operating deficit.

Mission

To improve the health, education and general welfare of orphan children living in Ukraine and Nicaragua.

Program Service Accomplishments

Program 1
Expenses: $72,144 Revenue: $0

Hosting Program-Frontier Horizon's International Hosting Program is designed to bridge the gap between vulnerable children and those in a position to help. To accomplish this mission Frontier Horizon...

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Hosting Program-Frontier Horizon's International Hosting Program is designed to bridge the gap between vulnerable children and those in a position to help. To accomplish this mission Frontier Horizon facilitates and supports efforts to bring orphaned and vulnerable children to be hosted with loving families in the United States and Canada for a predetermined period of time. These profound experiences then open the door to world of opportunity for all involved.

Program 2
Expenses: $317,229 Revenue: $0

Impact Trips-Frontier Horizon exists to bridge the gap between vulnerable children and those in a position to help. In addition to its Hosting Program, Frontier Horizon also facilitates meaningful...

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Impact Trips-Frontier Horizon exists to bridge the gap between vulnerable children and those in a position to help. In addition to its Hosting Program, Frontier Horizon also facilitates meaningful encounters between families and needed children by taking teams abroad to expeience the lives of those that are suffering firsthand. Trips are from 5 to 12 days generrally and always prove to be a life changing experience.

Program 3
Expenses: $23,801 Revenue: $0

Activities related to supporting existing programs and developing new programs.

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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 (2023)

Revenue Breakdown

Contributions & Grants $423,986
Program Service Revenue $0
Investment Income $14
Other Revenue $0
TOTAL REVENUE $424,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,933
Fundraising Expenses $88,210
Program Expenses $413,174
Other Expenses $429,278
TOTAL EXPENSES $543,211

Year-over-Year Comparison

2023 2022 Change
Revenue $424,000 $831,022 -0.5%
Expenses $543,211 $837,104 -0.4%
Net Income $-119,211 $-6,082 +18.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
1
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
2
$94,846
Total Directors
6
$94,846
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vincent Rosini Founder and President 40.00
Officer Director
$0 $0 $0
Thomas Sasser Executive Director 40.00
Officer Director Highest
$94,846 $0 $94,846
Brian Sachs Board Member 1.00
Director
$0 $0 $0
Michael Brady Board Member 1.00
Director
$0 $0 $0
Melanie Traughber Board Member 1.00
Director
$0 $0 $0
Jon Cline Board Member 1.00
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
2024 No data No data No data No data
2023 $424,000 $543,211 $58,730 $-119,211
2022 $831,022 $837,104 $159,199 $-6,082
2021 $337,964 $350,801 $86,943 $-12,837
2020 $43,822 $101,007 $46,868 $-57,185
2019 $231,590 $222,467 $39,181 $9,123
2018 $275,284 $200,291 $54,496 $74,993
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