Horizon Charter School

EIN: 680474221 501(c)(3) Education

Lincoln, CA

Total Revenue
$26,518,985
Total Expenses
$24,039,954
Total Assets
$19,216,977
Net Assets
$17,309,083
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
CA
Principal Officer
Jay Stewart
Phone
9164085200
Tax Period
2024-07-01 to 2025-06-30

Horizon Charter School, founded in 2001, is a mid-sized nonprofit in the Education sector that reported $26.5M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $24.0M left a modest 9% surplus.

Mission

Horizon Charter School Revised Mission 2023:In collaboration with home educators, Horizon Charter Schools ensure intentional and relevant student learning by providing tailored and comprehensive educational options to empower EVERY student to develop into a contributing and thriving citizen.1.In the 2020-2021 school year, HCS saw growth and improved achievement based on our local iReady indicators in both Reading and Math for our Kindergarten to Grade 9 students. In Math, end-of-year standards achievement results grew from 59% performing on grade level in 2020 compared to 67% performing on grade level in 2021. In Reading, end-of-year standards achievement results grew from 65% performing on grade level in 2020 compared to 71% performing on grade level in 2021, 73% on grade level in 2022, and 82% on grade level 2023-24 Local Control and Accountability Plan for Western Placer Unified - Horizon Charter School Page 6 of 67 in 2023. Considering the restrictions due to COVID-19, increases in

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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 $26,047,294
Program Service Revenue $0
Investment Income $471,691
Other Revenue $0
TOTAL REVENUE $26,518,985

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,122,134
Fundraising Expenses $0
Program Expenses $21,707,099
Other Expenses $6,917,820
TOTAL EXPENSES $24,039,954

Year-over-Year Comparison

2024 2023 Change
Revenue $26,518,985 $24,121,234 +0.1%
Expenses $24,039,954 $19,598,834 +0.2%
Net Income $2,479,031 $4,522,400 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
6
Independent Members
5
Employees
172
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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Garrard Chief Executive Officer 40.00
$256,964 $51,875 $308,839
Carin Contreras CAO 40.00
$220,494 $51,501 $271,995
Alison Garcia Senior Director 40.00
$173,710 $51,111 $224,821
Tabitha Bertram Principal 40.00
$142,275 $50,908 $193,183
Christine Ploszaj Director 40.00
$152,405 $40,232 $192,637
Tracy Wilson Director 40.00
$153,405 $31,502 $184,907
Jeff Rodzen President 2.50
Officer Director
$0 $0 $0
Renee Twogood Parent Rep 2.50
Director
$0 $0 $0
Kathleen Daugherty Educ. Rep 2.50
Director
$0 $0 $0
Oksana Krevitsky Vice President 2.50
Officer Director
$0 $0 $0
Lietsah Medeiros Community Rep 2.50
Director
$0 $0 $0
Okasan Krevitsky President 2.50
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 $26,518,985 $24,039,954 $19,216,977 $2,479,031
2024 $24,121,234 $19,598,834 $16,428,075 $4,522,400
2023 $22,848,320 $19,719,877 $12,278,771 $3,128,443
2022 $20,013,727 $23,315,042 $9,212,653 $-3,301,315
2021 $24,302,373 $23,095,334 $11,258,009 $1,207,039
2020 $23,100,643 $23,839,662 $10,046,906 $-739,019
2019 $21,390,712 $23,107,772 $11,117,852 $-1,717,060
2018 $20,401,842 $21,689,642 $12,963,074 $-1,287,800
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