HORIZON UNIVERSITY INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$417,564
Program Services
70%
Government Grants
19%
Contributions
9%
Other
1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$342,121
Salaries & Benefits
45%
Offices, Occupancy & IT
35%
Fees to Service Providers
10%
Grants
4%
Advertising & Promotion
2%
Depreciation
2%
Other
1%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$79,736
$38,321
-52%
Government Grants
$67,173
$79,042
+18%
Fundraising Events
$4,350
$0
-100%
Program Services
$248,387
$292,676
+18%
Membership Dues
$0
$0
-
Investments
$4
$1,962
+48950%
Other
$4,656
$5,563
+19%
Total Revenues
$404,306
$417,564
+3%
Expenses
2024
2025
Change
Grants
$10,565
$14,173
+34%
Benefits to Members
$0
$0
-
Salaries & Benefits
$142,198
$154,439
+9%
Fees to Service Providers
$18,289
$33,426
+83%
Advertising & Promotion
$5,352
$8,476
+58%
Offices, Occupancy & IT
$110,523
$120,330
+9%
Interest
$0
$0
-
Depreciation
$6,376
$6,377
+0%
Other
$14,992
$4,900
-67%
Total Expenses
$308,295
$342,121
+11%
Net income
2024
2025
Change
Net income
+$96,011
+$75,443
-21%
Functional Expenses
Summary
2024
2025
Change
Program
$148,299
$149,996
+1%
Admin
$159,996
$192,125
+20%
Fundraising
$0
$0
-
Total Expenses
$308,295
$342,121
+11%
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