HORIZON HEARTS INC (EIN 815078176) - Form 990 Financial Analysis & Trantor Score

🔒

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

2016

Legal Domicile

Principal Officer

DrVICTOR SELTZER

Tax Period

2023-01-01 to 2023-12-31

HORIZON HEARTS INC, founded in 2016, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $763K, a strong 26% operating margin.

Mission

TO PROVIDE SERVICES, ADVOCACY AND EDUCATION TO UNDERSERVED COMMUNITIES IN THE GREATER NEW YORK CITY METROPOLITAN AREA. THE MAIN FOCUS IS THE NEEDS OF AT-RISK YOUTH AND HOMELESS INDIVIDUALS

🔒

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 $0

Program Service Revenue $2,861,791

Investment Income $0

Other Revenue $25,800

TOTAL REVENUE $2,887,591

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,116,169

Fundraising Expenses $0

Program Expenses $1,693,989

Other Expenses $1,008,284

TOTAL EXPENSES $2,124,453

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,887,591	$1,592,636	+0.8%
Expenses	$2,124,453	$1,845,232	+0.2%
Net Income	$763,138	$-252,596	-4.0%

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

$229,986

Total Directors

$13,846

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DrVICTOR SELTZER	TREASURER	40.00	Officer	$169,861	$0	$169,861
FRANTZ PIERRE-LOUIS CPA	MEMBER	40.00	Officer	$60,125	$0	$60,125
DrBETTY SELTZER	SECRETARY	1.00	Director	$13,846	$0	$13,846
Dr MARK HILL DO	MEMBER	1.00	Director	$0	$0	$0
DARA DICKS	PRESIDENT	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	$2,887,591	$2,124,453	$1,068,671	$763,138
2022	$1,592,636	$1,845,232	$175,367	$-252,596
2021	$1,449,058	$1,429,292	$174,991	$19,766
2020	$928,978	$884,277	$149,613	$44,701
2019	$468,609	$399,004	$105,414	$69,605
2018	$249,675	$228,756	$53,788	$20,919

HORIZON HEARTS INC