HORIZONS CENTER FOR INDEPENDENT LI… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Principal Officer

CINDY RIGGS

Phone

3044287799

Tax Period

2023-07-01 to 2024-06-30

HORIZONS CENTER FOR INDEPENDENT LIVING, founded in 1968, is a small nonprofit in the Mental Health sector that reported $313K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $408K exceeded revenue, resulting in a 30% operating deficit.

Mission

THIS PROGRAM SERVES MENTALLY AND PHYSICALLY CHALLENGED RESIDENTS. IT PROVIDES TEACHING AND BEHAVIORAL MANAGEMENT TO ALL THE RESIDENTS IN THEIR INDEPENDENT LIVING ENVIROMENT

Program Service Accomplishments

Program 1

Expenses: $302,427

THIS PROGRAM SERVES MENTALLY AND PHYSICALLY CHALLENGED RESIDENTS. IT PROVIDES TEACHING AND BEHAVIORAL MANAGEMENT TO ALL THE RESIDENTS IN THEIR INDEPENDENT LIVING ENVIROMENT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,500

Program Service Revenue $281,110

Investment Income $28,371

Other Revenue $0

TOTAL REVENUE $312,981

Expense Breakdown

Grants Paid $0

Salaries & Benefits $336,596

Fundraising Expenses $0

Program Expenses $302,427

Other Expenses $71,581

TOTAL EXPENSES $408,177

Year-over-Year Comparison

	2023	2022	Change
Revenue	$312,981	$391,297	-0.2%
Expenses	$408,177	$435,376	-0.1%
Net Income	$-95,196	$-44,079	+1.2%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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	Role	Reportable Comp	Other Comp	Total
LOUISA WESTFALL	BOARD MEMBER	Director	$0	$0	$0
WARREN PEASCOE	BOARD MEMBER	Director	$0	$0	$0
CINDY RIGGS	BOARD MEMBER	Director	$0	$0	$0
MARK EDWARDS	BOARD MEMBER	Director	$0	$0	$0
STEPHANIE BROCK	BOARD MEMBER	Director	$0	$0	$0
JERRY WHARTON	BOARD MEMBER	Director	$0	$0	$0
SUZY EDWARDS	BOARD MEMBER	Director	$0	$0	$0
MARY WHARTON	PRESIDENT	Director	$0	$0	$0
JANE BURDETTE	TREASURER	Director	$0	$0	$0
ALLISON SHAFFER	BOARD MEMBER	Director	$0	$0	$0
JACQUELINE PURKEY	BOARD MEMBER	Director	$0	$0	$0
SALNAVE BLANC	EXECUTIVE DIRECTOR	Officer	$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	$312,981	$408,177	$410,373	$-95,196
2023	$391,297	$435,376	$507,510	$-44,079
2022	$313,321	$370,664	$544,266	$-57,343
2021	$362,187	$315,555	$601,997	$46,632
2020	$254,462	$329,613	$556,378	$-75,151
2018	$275,938	$387,499	$772,432	$-111,561

HORIZONS CENTER FOR INDEPENDENT LIVING