Form 990 for tax year 2022
Filed by EDUCATIONAL CENTER FOR APPLIED EKISTICS INC.
Totals
- Total revenue
- $324,202
- Total expenses
- $2,212,873
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $326,869
- Other revenue
- -$2,667
- Total assets, end of year
- $318,861
- Total liabilities, end of year
- $37,881
- Net assets or fund balances, end of year
- $280,980
- Program services expenses (Part IX)
- $2,181,475
- Management and general expenses
- $31,398
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,181,475
Program services were 98.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $49,055 · excluded $49,055
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $36,621 · other assets $297,546
-
7b · Less cost or other basis and sales expenses
securities $56,353
-
7c · Gain or loss
securities -$19,732 · other assets $297,546
-
7d · Net gain or loss
total $277,814 · excluded $277,814
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: IRS REFUND
total $482 · excluded $482
-
11d · All other revenue
total -$3,149 · unrelated business -$3,149
-
11e · Other revenue, total
-$2,667
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $6,800 · management and general $6,800
-
11c · Fees: accounting
total $4,442 · management and general $4,442
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $4,008 · management and general $4,008
-
12 · Advertising and promotion
total $910 · management and general $910
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $5,648 · management and general $5,648
-
17 · Travel
total $348 · management and general $348
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: TRANSFERS TO AFFILIATES
total $2,154,439 · program services $2,154,439
-
24b · Other expenses: SCHOOL REUNION
total $27,036 · program services $27,036
-
24c · Other expenses: SCANNING
total $2,908 · management and general $2,908
-
24d · Other expenses: BANK FEES
total $2,579 · management and general $2,579
-
24e · All other expenses
total $3,755 · management and general $3,755
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $95,035 · end of year $49,603
-
2 · Savings and temporary cash investments
beginning of year $540,815 · end of year $189,035
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $64,307 · end of year $80,223
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $1,770,171 · end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $19,750 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $37,881 · end of year $37,881
-
27 · Net assets without donor restrictions
beginning of year $2,452,197 · end of year $280,980
Mission and programs · 2022
Mission
HORIZONS WAS A SMALL, DIVERSE SCHOOL WHICH CONTINUALLY CHALLENGED EVERY COMMUNITY MEMBER TO GROW. IT DEMANDED RESPECT FOR EACH INDIVIDUAL. AT HORIZONS, WE STROVE TO DEVELOP IN STUDENTS VALUES AND SKILLS THAT ENSURED THEM THE MAXIMUM NUMBER OF OPPORTUNITIES.
-
HISTORICALLY, THE ORGANIZATION OPERATED A SCHOOL THAT BENEFITS STUDENTS K THRU 12 WHO, FOR A VARIETY OF REASONS, MIGHT OTHERWISE NOT RECEIVE AN APPROPRIATE EDUCATION. beginning in 2017, the organization began winding down activities.
Expenses $2,181,475
As filed on the 2022 return.
Listed in Part VII
-
CELIA WASHINGTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
PATRICK GARVER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
SALLY GUSTIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 8
-
JUNE GARBER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
PAUL LES GARBER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
ALDEN MAHLER-LEVINE
President
- Total calculated
- $0
- Hours/week
- 5
-
SCOTT LEVINE
Treasurer
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · GRANT MAKING · GA
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
$554,645
Disposition · PUBLICLY TRADED SECURITIES · Oct 25, 2022 · 501C3
-
$510,297
Disposition · PUBLICLY TRADED SECURITIES · Dec 29, 2022 · 501C3
-
$477,232
Disposition · PUBLICLY TRADED SECURITIES · Dec 5, 2022 · 501C3
-
$612,265
Disposition · CASH · Jul 30, 2023 · 501C3
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430509349300038
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