SILVER2024

Horizons Specialized Services

STEAMBOAT SPRINGS, CO   |  https://horizonsnwc.org/
GuideStar Charity Check

Horizons Specialized Services

EIN: 84-0705884


Mission

Horizons works in partnership with families and communities to expand opportunities for individuals with, or at risk of, intellectual developmental disabilities (IDD). Examples of IDD include Down Syndrome or Cerebral Palsy. Our purpose is to enhance the lives of those we help by empowering them to achieve rewarding lives full of new possibilities by prioritizing: The paramount importance of health and safety; A never ending quest for creative solutions; The fostering of growth and independence; The power of Early Intervention to change lives; and Compassion and respect for every person and in everything we do.

Ruling year info

1975

Executive Director

Tatum Heath

Main address

PO Box 774867

STEAMBOAT SPRINGS, CO 80477 USA

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EIN

84-0705884

Subject area info

Early childhood education

Family disability resources

Parent education

Housing for people with disabilities

Developmental disability services

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Population served info

Infants and toddlers

Adults

Caregivers

Low-income people

People with intellectual disabilities

NTEE code info

Residential, Custodial Care (Group Home) (P70)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Affiliations

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Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Adult Residential Program

There are two branches of our residential program; Comprehensive and Supported Living Services (SLS). Our Comprehensive Residential Program offers adults with IDD 24/7 access to skilled nursing in a group home setting. Services include as-needed assistance with meals, hygiene, transportation and/or access to the community, and support with money management and other personal skills. All support encourages maximum independence for the individual. Supported Living Services are provided to adults with IDD who are living in their own homes or with family in the community. Services include personal assistance with daily living and homemaking skills, employment support, professional services, and transportation.

Population(s) Served
Adults
People with disabilities

Day Program promotes computer, math, reading, writing, cooking, and life skills in large and small group settings. Whenever possible, we participate in community activities such as concerts, picnics, hikes, library visits, art classes, physical and recreational programs, etc. Day Program is available to eligible adults in Routt and Moffat County.

Vocational Services allow individuals to participate and work within the community for an employer or on a work crew supervised by a Horizons Job Coach. Horizons helps create good matches for the individual and the employer. Vocational Services are for adults age 21 and older and are available throughout our five county service area.

Population(s) Served
People with disabilities
Adults

Early Intervention is for infants and toddlers who have a developmental delay or disability. Eligibility is determined by evaluating the child with parental consent to see if there is a delay or disability in: cognitive skills; communication skills; social/emotional skills; physical skills; and/or adaptive skills. Eligible children can receive services from a Speech Therapist, Occupational Therapist, Physical Therapist, or a Developmental Interventionist through their third birthday. Most children meet milestones and catch up before their third birthday. If a child continues to need support, a referral will be made to the school district for preschool services.

Population(s) Served
People with disabilities
People with disabilities
Infants and toddlers

Where we work

Financials

Horizons Specialized Services
Fiscal year: Jul 01 - Jun 30
Financial documents
2023 Horizons 2023 Audit
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

6.80

Average of 2.92 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

7.1

Average of 4 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

21%

Average of 23% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Horizons Specialized Services

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Horizons Specialized Services

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Horizons Specialized Services

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Horizons Specialized Services’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $220,084 $201,851 $285,147 $1,258,895 $282,539
As % of expenses 3.9% 3.5% 4.7% 21.1% 4.8%
Unrestricted surplus (deficit) after depreciation $27,050 $18,093 $118,594 $1,093,381 $133,456
As % of expenses 0.5% 0.3% 1.9% 17.8% 2.2%
Revenue composition info
Total revenue (unrestricted & restricted) $5,843,538 $6,042,269 $6,367,375 $7,186,124 $6,235,041
Total revenue, % change over prior year 0.3% 3.4% 5.4% 12.9% -13.2%
Program services revenue 93.0% 94.1% 93.2% 77.7% 93.8%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.2% 0.2% 0.2% 0.1% 0.0%
Government grants 3.3% 2.3% 2.8% 16.1% 3.6%
All other grants and contributions 2.7% 3.5% 3.7% 6.1% 2.8%
Other revenue 0.8% 0.0% 0.0% 0.1% -0.2%
Expense composition info
Total expenses before depreciation $5,625,765 $5,849,483 $6,075,350 $5,979,639 $5,938,946
Total expenses, % change over prior year 1.3% 4.0% 3.9% -1.6% -0.7%
Personnel 80.5% 81.8% 82.7% 79.1% 82.0%
Professional fees 3.8% 3.0% 2.4% 3.3% 4.0%
Occupancy 5.9% 5.5% 5.4% 5.6% 6.1%
Interest 0.0% 0.2% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 9.8% 9.6% 9.5% 12.0% 7.9%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $5,818,799 $6,033,241 $6,241,903 $6,145,153 $6,088,029
One month of savings $468,814 $487,457 $506,279 $498,303 $494,912
Debt principal payment $72,113 $474,565 $0 $986,500 $0
Fixed asset additions $0 $0 $0 $0 $149,439
Total full costs (estimated) $6,359,726 $6,995,263 $6,748,182 $7,629,956 $6,732,380

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 3.1 2.1 6.4 7.0 7.1
Months of cash and investments 3.4 2.4 6.7 7.3 7.5
Months of estimated liquid unrestricted net assets 5.6 4.6 6.7 7.2 7.6
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $1,462,606 $1,037,950 $3,240,294 $3,469,403 $3,527,198
Investments $109,981 $147,842 $152,548 $191,703 $165,541
Receivables $434,450 $449,540 $642,374 $533,246 $655,275
Gross land, buildings, equipment (LBE) $4,771,356 $4,855,787 $5,001,811 $5,056,349 $5,210,685
Accumulated depreciation (as a % of LBE) 55.5% 58.4% 59.9% 62.7% 63.8%
Liabilities (as a % of assets) 21.5% 10.3% 27.2% 10.1% 10.2%
Unrestricted net assets $4,265,288 $4,283,381 $4,401,975 $5,495,356 $5,628,812
Temporarily restricted net assets $21,119 $21,346 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $21,119 $21,346 $46,863 $33,607 $21,000
Total net assets $4,286,407 $4,304,727 $4,448,838 $5,528,963 $5,649,812

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Tatum Heath

Tatum became a Routt County Case Manager with Horizons in 2002. Having an older brother with autism, this move resonated with past experience and quickly became an opportunity to better understand the world of people with cognitive disabilities. In 2008, he became the Adult Program Director and in 2019, Tatum was offered the position of Executive Director beginning January 1st, 2020.

Number of employees

Source: IRS Form 990

Horizons Specialized Services

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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There are no highest paid employees recorded for this organization.

Horizons Specialized Services

Board of directors
as of 03/19/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Terry Jost

Dennis Kuntz

self-employed realtor and rancher

Julie Pearce

retired educator

Beth Davison

Division for Vocational Rehabilitation

Leslie Bjorgum

Business owner and parent of client

Annette Dellacroce

retired banker

Jeff Dockstader

Horizons client

Organizational demographics

SOURCE: Self-reported; last updated 3/18/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Gender identity
Male

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data