BEducationEIN: 202004609· Ruling Year: 2008

Horizon Science Academy-springfield

Toledo, Ohio

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.15×
Peer Median20.77×
💰
$7.6M
Total Revenue
📊
$5.7M
Total Expenses
🏦
$839K
Net Assets
📋
$11.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+20.3%
Year-over-year change (2022 → 2023)
Net Margin
+25.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.15
Net assets divided by total expenses
Liabilities-to-Assets
93.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,627,00720%$5,680,36920%$12,401,28417%
2022$6,339,92518%$4,738,5422%$10,636,309335%
2021$5,356,79922%$4,656,2234%$2,447,35839%
2020$4,378,7285%$4,473,67013%$1,754,95820%
2019$4,158,8488%$3,953,35555%$1,460,00612%
2018$3,854,5595%$2,555,59839%$1,297,86614%
2017$4,045,4303%$4,218,6572%$1,139,68448%
2016$4,184,2472%$4,148,689$772,64152%
2015$4,119,2503%$4,152,406$509,19938%
2014$4,267,1923%$4,165,2532%$367,97830%
2013$4,126,62056%$4,083,67043%$281,98815%
2012$2,644,3638%$2,850,79118%$244,82134%
2011$2,456,339$2,422,624$370,158

Frequently Asked Questions

What does Horizon Science Academy-springfield do?

Horizon Science Academy-springfield is a education nonprofit organization based in Ohio. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Horizon Science Academy-springfield financially healthy?

Based on our 9-metric Financial Health Score model, Horizon Science Academy-springfield has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Horizon Science Academy-springfield generate?

Horizon Science Academy-springfield reports $5.8M in annual revenue and holds $11.4M in total assets, based on IRS filings.

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