WIDE HORIZON INC

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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

1946

Legal Domicile

Principal Officer

NORM DALEY

Phone

3034244445

Tax Period

2024-07-01 to 2025-06-30

WIDE HORIZON INC, founded in 1946, is a community nonprofit in the Health Care sector that reported $2.5M in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $3.8M exceeded revenue, resulting in a 52% operating deficit.

Mission

TO PROVIDE CHRISTIAN SCIENCE NURSING, FACILITIES, AND SUPPORT FOR THOSE SEEKING HEALING ACCOMPLISHED THROUGH COMPLETE RELIANCE ON CHRISTIAN SCIENCE.

Program Service Accomplishments

Program 1

Expenses: $2,902,816 Revenue: $1,637,717

WIDE HORIZON IS A NONPROFIT CHRISTIAN SCIENCE NURSING CARE FACILITY, WHICH IS FEDERALLY RECOGNIZED AS A RELIGIOUS NONMEDICAL HEALTH CARE INSTITUTION. IT IS ACCREDITED BY THE COMMISSION FOR...

WIDE HORIZON IS A NONPROFIT CHRISTIAN SCIENCE NURSING CARE FACILITY, WHICH IS FEDERALLY RECOGNIZED AS A RELIGIOUS NONMEDICAL HEALTH CARE INSTITUTION. IT IS ACCREDITED BY THE COMMISSION FOR ACCREDITAION OF CHRISTIAN SCIENCE NURSING ORGANIZATIONS/FACILITIES. WIDE HORIZON PROVIDES NONMEDICAL HEALTHCARE SERVICES TO MEMBERS OF THE CHRISTIAN SCIENCE RELIGIOUS FAITH WITHIN THE ROCKY MOUNTAIN REGION. THIS INCLUDES CHRISTIAN SCIENCE NURSING SERVICES, CHRISTIAN SCIENCES NURSES TRAINING, SUPERVISED INDEPENDENT LIVING, AND REST AND STUDY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $708,781

Program Service Revenue $1,637,717

Investment Income $169,712

Other Revenue $4,472

TOTAL REVENUE $2,520,682

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,893,818

Fundraising Expenses $269,510

Program Expenses $2,902,816

Other Expenses $946,361

TOTAL EXPENSES $3,840,179

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,520,682	$4,101,426	-0.4%
Expenses	$3,840,179	$3,504,989	+0.1%
Net Income	$-1,319,497	$596,437	-3.2%

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

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

$153,943

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NORM DALEY	EXECUTIVE DI	40.00	Officer	$139,521	$14,422	$153,943
DOUG IZMIRIAN	BOARD CHAIR	4.00	Officer Director	$0	$0	$0
CATHY VEGES	BOARD VICE C	4.00	Officer Director	$0	$0	$0
NEIL KEARNEY	SECRETARY/TR	4.00	Officer Director	$0	$0	$0
JENNIFER BABCOCK	DIRECTOR	4.00	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
2025	$2,520,682	$3,840,179	$9,532,538	$-1,319,497
2024	$4,101,426	$3,504,989	$10,395,125	$596,437
2023	$2,194,562	$3,021,076	$9,451,080	$-826,514
2022	$2,837,601	$2,657,992	$9,821,360	$179,609
2022	$2,837,601	$2,657,992	$10,114,587	$179,609
2021	$2,579,083	$2,215,241	$11,120,853	$363,842
2021	$2,579,083	$2,402,868	$10,827,626	$176,215
2020	$3,802,539	$2,585,147	$9,680,515	$1,217,392
2020	$3,802,539	$2,585,147	$9,680,515	$1,217,392
2019	$2,854,042	$2,551,206	$8,093,631	$302,836