funder logo

HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC

HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC

Covington, KY, US
501(c)3
EIN
82-1388190
DAF Sponsor
Community Foundation
Regional Funder
funder logo

HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC

Covington, KY, US
501(c)3
EIN
82-1388190
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$13,717,407

Contributions
82%
Investments
13%
Other
4%
Program Services
<1%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024

$12,818,200

Grants
92%
Salaries & Benefits
4%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Other
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$11,241,368
$11,214,115
0%
Government Grants
$0
$0
-
Fundraising Events
$26,542
$113,764
+329%
Program Services
$63,853
$125,233
+96%
Membership Dues
$0
$0
-
Investments
$1,144,429
$1,742,063
+52%
Other
$143,702
$522,232
+263%
Total Revenues
$12,619,894
$13,717,407
+9%
Expenses
2023
2024
Change
Grants
$7,871,731
$11,793,244
+50%
Benefits to Members
$0
$0
-
Salaries & Benefits
$477,318
$506,568
+6%
Fees to Service Providers
$115,980
$214,493
+85%
Advertising & Promotion
$89,874
$112,442
+25%
Offices, Occupancy & IT
$93,256
$102,019
+9%
Interest
$0
$0
-
Depreciation
$1,140
$1,178
+3%
Other
$38,426
$88,256
+130%
Total Expenses
$8,687,725
$12,818,200
+48%
Net income
2023
2024
Change
Net income
+$3,932,169
+$899,207
-77%
Functional Expenses
Summary
2023
2024
Change
Program
$8,232,419
$12,304,311
+49%
Admin
$270,347
$294,057
+9%
Fundraising
$184,959
$219,832
+19%
Total Expenses
$8,687,725
$12,818,200
+48%
Income Statement
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