Horizon International

The information on this page was last updated 4/5/2023. If you see errors or omissions, please email: [email protected]


Summary

Creating a world of hope through African orphans


Contact information

Mailing address:
Horizon International
350 JH Walker Dr
Pendleton, IN 46064

Website: horizonorphans.com

Phone: (765) 778-1016

Email: [email protected]


Organization details

EIN: 352154451

CEO/President: Bob Pearson

Chairman: Sonia Leerkamp

Board size: 8

Founder: Bob Pearson

Ruling year: 2003

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2021


Purpose

For more than 20 years, Horizon has made a difference in the lives of thousands of orphans in dozens of communities across Africa. We currently work in five African countries: Ethiopia, South Africa, Uganda, Zambia, and Zimbabwe.


Mission statement


Statement of faith

Horizon International is a non-denominational Christian ministry motivated by this vision: "For you who revere my name, the sun of righteousness will rise with healing in its wings. And you will go out and leap like calves released from the stall" (Malachi 4:2, NIV).

Accordingly, Horizon reveres the name and mission of Jesus Christ, shining today as the sun of righteousness, and is dedicated to creating a world of hope for AIDS orphans and the Christian leaders and care-givers who serve them and their extended families. Underlying this reverence and dedication are certain affirmations of Christian faith. Horizon International affirms with joy:

Its belief in the one eternal God, Creator and Lord of the world, eternally existing as Father, Son and Holy Spirit, governing all things according to the graciousness of the divine purpose.

Its belief in the divine inspiration of the Bible, Old and New Testaments, revelation that is dependable for guiding all aspects of Christian belief, life, and mission in the world.

Its belief that there is only one Lord and Savior for humanity, Jesus Christ, the Son of God, born in Bethlehem, resurrected in Jerusalem, and ever-living through the person of the Holy Spirit.

Its belief that Jesus Christ sends his redeemed people into the world as the Father sent him, to save sinners, to work for justice in human societies, to embody compassion, and to bring hope to the lost, oppressed, and diseased.

Its belief in the power of the Holy Spirit to reveal the identity and purposes of the Christ, to bring new birth and spiritual maturity to fallen humanity, to indwell believers so that a godly life can be lived, and to gift faithful disciples for sacrificial service to the church and the world.

Its belief in the spiritual unity of all true believers in Jesus Christ, thus encouraging Horizon to cooperate gladly with all who share this vision, also honor these beliefs, and choose to join hands with this ministry.

Its belief that Jesus Christ will return one day, bringing divine judgment, vindicating the faithful, eliminating evil, and initiating life that is blessed and everlasting for those who belong to the eternal Christ and have served faithfully in his mission.

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating739 of 109697 of 142
Fund acquisition rating755 of 1098100 of 143
Resource allocation rating714 of 109897 of 143
Asset utilization rating517 of 109662 of 142

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%8%3%3%9%15%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%8%3%3%9%15%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%95%99%98%98%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%7%4%3%9%16%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%5%1%2%2%0%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%81%83%86%81%77%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%109%83%99%98%92%
Program output ratio Program output ratio =
Program services /
Total revenue
79%88%69%86%80%70%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%-9%17%1%2%8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%-12%25%1%4%20%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
8%12%14%11%10%7%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.251.321.141.831.901.91
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.181.221.211.361.441.30
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.701.601.382.482.732.48
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
20.6128.2945.5120.6922.5684.48
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.040.040.020.050.040.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.627.228.494.614.204.78
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
6%11%9%14%14%12%
Debt ratio Debt ratio =
Debt /
Total assets
0%8%7%10%11%11%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
74%68%80%47%45%46%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$537,100$745,384$491,781$517,369$665,182
Receivables, inventories, prepaids$27,608$22,908$35,957$57,410$68,559
Short-term investments$867,235$830,865$556,613$451,359$375,914
Other current assets$0$0$0$0$0
Total current assets$1,431,943$1,599,157$1,084,351$1,026,138$1,109,655
Long-term investments$0$0$0$0$0
Fixed assets$313,786$340,771$386,614$448,571$329,466
Other long-term assets$0$0$0$0$0
Total long-term assets$313,786$340,771$386,614$448,571$329,466
Total assets$1,745,729$1,939,928$1,470,965$1,474,709$1,439,121
 
Liabilities20212020201920182017
Payables and accrued expenses$50,608$35,138$52,416$45,491$13,135
Other current liabilities$0$0$0$0$0
Total current liabilities$50,608$35,138$52,416$45,491$13,135
Debt$137,911$145,181$152,107$158,745$165,087
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$137,911$145,181$152,107$158,745$165,087
Total liabilities$188,519$180,319$204,523$204,236$178,222
 
Net assets20212020201920182017
Without donor restrictions$74,787$314,263$202,249$286,678$175,777
With donor restrictions$1,482,423$1,445,346$1,064,193$983,795$1,085,122
Net assets$1,557,210$1,759,609$1,266,442$1,270,473$1,260,899
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$2,020,137$2,615,352$2,659,793$2,792,219$2,993,392
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$73,088$17,833$11,418$13,378$14,907
Other revenue$22,570$21,274$33,946$40,964($5,480)
Total other revenue$95,658$39,107$45,364$54,342$9,427
Total revenue$2,115,795$2,654,459$2,705,157$2,846,561$3,002,819
 
Expenses20212020201920182017
Program services$1,853,770$1,825,933$2,317,073$2,264,081$2,116,048
Management and general$280,535$303,790$288,613$287,403$183,701
Fundraising$162,467$81,294$81,600$250,450$453,446
Total expenses$2,296,772$2,211,017$2,687,286$2,801,934$2,753,195
 
Change in net assets20212020201920182017
Surplus (deficit)($180,977)$443,442$17,871$44,627$249,624
Other changes in net assets$0$0$0$0$0
Total change in net assets($180,977)$443,442$17,871$44,627$249,624

Compensation

NameTitleCompensation
Robert PearsonDirector$87,050
Barry CallenSecretary$1,500

Compensation data as of: 12/31/2021


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 4/5/2023. To update the information below, please email: [email protected]


History


Program accomplishments


Needs