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 $5.9M in annual revenue and holds $12.2M in total assets, based on IRS filings.

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