Horizon Foundation Of Howard County Inc
- Assets
- $95.1m
- Revenue
- $2.9m
- Investments
- $22.4m
- Employees
- 11
- Location
- Columbia, MD
- Founding
- 11/1998
- Data as of
- 12/2020
- EIN
- 52-2119011
Organization Overview
Horizon Foundation Of Howard County Inc is located in Columbia, MD. The organization was established in 1998. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 12/2021, Horizon Foundation Of Howard County Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horizon Foundation Of Howard County Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Horizon Foundation Of Howard County Inc generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $6.5m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Horizon Foundation Of Howard County Inc has awarded 196 individual grants totaling $12,890,590. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO IMPROVE THE HEALTH AND WELLNESS OF PEOPLE WHO LIVE OR WORK IN HOWARD COUNTY, MD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT MAKING-SINCE 1998, HORIZON FOUNDATION HAS INVESTED MORE THAN $68 MILLION IN COMMUNITY PROGRAMS, INCLUDING GRANTS TO OVER 375 ORGANIZATIONS SERVING THE COUNTY, FROM AFTER-SCHOOL PROGRAMS TO FAITH-BASED ORGANIZATIONS TO HEALTH CARE PROVIDERS. HORIZON FOUNDATION HAS LAUNCHED SEVERAL NEW TRANSFORMATIVE PROGRAMS TO DEMONSTRABLY IMPROVE COMMUNITY OUTCOMES, INCLUDING EXPANDING ACCESS TO MENTAL HEALTH SERVICES, COVID-19 RESPONSE INITIATIVES, PROMOTING STREETS FOR ALL, INCREASING THE NUMBER OF RESIDENTS WHO HAVE AN IDENTIFIED HEALTH CARE AGENT, DRAMATICALLY REDUCING THE CONSUMPTION OF SUGARY DRINKS, REDUCING HEALTH DISPARITIES AND WORKING TOWARD RACIAL EQUITY IN HEALTH.
COMMUNITY BUILDING-HORIZON FOUNDATION COLLABORATES WITH DIVERSE PARTNERS TO IDENTIFY PRESSING, UNMET HEALTH AND WELLNESS NEEDS IN THE COMMUNITY AND TO CREATE CATALYTIC CHANGE THAT IS TANGIBLE, MEASURABLE AND SUSTAINABLE. HORIZON FOUNDATION CARES PASSIONATELY ABOUT THE COMMUNITY AND STRIVES TO BRING INNOVATIVE SOLUTIONS FROM AROUND THE REGION, COUNTRY AND WORLD TO IMPROVE HEALTH AND WELLNESS LOCALLY. FROM STRENGTHENING EFFECTIVE POLICIES TO EXPANDING CRITICAL SERVICES AND EDUCATING THE COMMUNITY THROUGH THE ANNUAL MEETING, HORIZON FOUNDATION FOCUSES ON MAKING HOWARD COUNTY A MORE VIBRANT AND HEALTHY PLACE TO LIVE, LEARN, WORK, AND PLAY FOR ALL OF OUR RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nikki Highsmith Vernick President & CEO | OfficerTrustee | 39.83 | $344,377 |
Glenn Schneider Chief Program Officer | Officer | 40 | $161,195 |
Anne Brinker Chief Operating Officer | Officer | 40 | $142,236 |
Tiffany Grant-Callender Program Director | 40 | $121,322 | |
Cat Harmon Director Of Communications | 40 | $111,382 | |
Lisa Pearson Vice Chair | OfficerTrustee | 0.33 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Prr Inc Media Campaign | 12/30/21 | $424,903 |
Marketing For Change Co Media Campaign | 12/30/21 | $606,744 |
Sei Investment Management Services | 12/30/21 | $554,619 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $550 |
| Total Program Service Revenue | $100,000 |
| Investment income | $1,295,694 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,450,071 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,906,262 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,677,759 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $776,646 |
| Compensation of current officers, directors, key employees. | $190,872 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $577,282 |
| Pension plan accruals and contributions | $22,291 |
| Other employee benefits | $71,390 |
| Payroll taxes | $78,416 |
| Fees for services: Management | $3,246 |
| Fees for services: Legal | $6,154 |
| Fees for services: Accounting | $74,625 |
| Fees for services: Lobbying | $45,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $498,339 |
| Fees for services: Other | $1,211,044 |
| Advertising and promotion | $120,034 |
| Office expenses | $89,488 |
| Information technology | $7,625 |
| Royalties | $0 |
| Occupancy | $125,206 |
| Travel | $13,521 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,066 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,284 |
| Insurance | $12,661 |
| All other expenses | $0 |
| Total functional expenses | $6,535,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,389 |
| Savings and temporary cash investments | $653,200 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $104,985 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $90,234 |
| Net Land, buildings, and equipment | $238,448 |
| Investments—publicly traded securities | $71,461,944 |
| Investments—other securities | $22,431,677 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $95,051,877 |
| Accounts payable and accrued expenses | $433,182 |
| Grants payable | $1,845,071 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $253,648 |
| Total liabilities | $2,531,901 |
| Net assets without donor restrictions | $92,447,976 |
| Net assets with donor restrictions | $72,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $95,051,877 |
Grants Awarded
Over the last fiscal year, Horizon Foundation Of Howard County Inc has awarded $2,399,065 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: PSYCHIATRIC URGENT CARE: MEETING POST-PANDEMIC NEED OF MARYLANDERS IN CRISIS | $450,000 |
Columbia, MD PURPOSE: RACIAL EQUITY COLLABORATIVE/POLICY CAMPAIGN | $225,000 |
Simpsonville, MD PURPOSE: RACIAL EQUITY COLLABORATIVE/POLICY CAMPAIGN | $225,000 |
Baltimore, MD PURPOSE: RACIAL EQUITY COLLABORATIVE/POLICY CAMPAIGN | $225,000 |
Baltimore, MD PURPOSE: RACIAL EQUITY COLLABORATIVE/POLICY CAMPAIGN | $225,000 |
HOWARD COUNTY PUBLIC SCHOOL SYSTEM PURPOSE: HCPSS STUDENT MENTAL HEALTH SERVICES EXPANSION | $150,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Horizon Foundation Of Howard County Inc has recieved totaling $200,000.
| Awarding Organization | Amount |
|---|---|
The United Way Of Central Maryland Inc Baltimore, MD PURPOSE: Designated and or granted in support of agency programs | $100,000 |
The United Way Of Central Maryland Inc Baltimore, MD PURPOSE: Designated and or granted in support of agency programs | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Doylestown Health Foundation Doylestown, PA | $88,236,207 | $10,269,180 |
Newcourtland Elder Service Philadelphia, PA | $143,669,356 | $7,770,253 |
The Hsc Foundation Washington, DC | $107,386,448 | $11,268,614 |
Upmc Pinnacle Foundation Harrisburg, PA | $153,865,644 | $10,550,659 |
York Health Foundation York, PA | $12,105,892 | $8,310,377 |
Horizon Foundation Of Howard County Inc Columbia, MD | $95,051,877 | $2,906,262 |
Messiah Lifeways Mechanicsburg, PA | $3,767,505 | $5,505,262 |
Pottstown Area Health & Wellness Foundation Pottstown, PA | $88,468,067 | $7,361,536 |
Andrew Mcdonough B Positive Foundation Wilmington, DE | $5,256,523 | $5,566,397 |
Upper Chesapeake Health Foundation Inc Bel Air, MD | $47,305,445 | $3,872,894 |
Heritage Community Initiatives Braddock, PA | $3,376,185 | $4,220,898 |
Allied Services Foundation Clarks Summit, PA | $42,811,354 | $2,408,936 |