Horizons International
The information on this page was last updated 7/12/2024. If you see errors or omissions, please email: [email protected]
Summary
Billions of people don't know Jesus. We help to equip the global church to reach them, especially in the Muslim world.
We spread the gospel through our four main areas of ministry:
Muslim ministry
International student ministry
Training ministry
Biblical missiology
Contact information
Mailing address:
Horizons International
PO Box 18478
Boulder, CO 80308
Website: horizonsinternational.org
Phone: 303-442-3333
Email: [email protected]
Organization details
EIN: 841141776
CEO/President: Georges Houssney, Pierre Rashad Houssney
Chairman: Kevin Cox
Board size: 8
Founder: Georges Houssney
Ruling year: 1991
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2020
Purpose
To see Christ glorified in all nations.
Mission statement
To advance the Kingdom of God among Muslims and all people, by Proclaiming the Gospel, Discipling the Nations, and Equipping the Church.
Statement of faith
Horizons International has adopted the Lausanne Covenant as our Statement of Faith. This statement is detailed, carefully drafted, and endorsed by mainline evangelical denominations. It expresses the position of all evangelical Christians worldwide. It was written during the 1974 International Congress on World Evangelization by a committee representing 150 nations.
See https://www.horizonsinternational.org/core-values
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 324 of 1115 | 38 of 141 | |
Fund acquisition rating | 634 of 1116 | 86 of 141 | |
Resource allocation rating | 223 of 1116 | 25 of 141 | |
Asset utilization rating | 430 of 1115 | 47 of 141 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 7% | 8% | 6% | 4% | 11% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 5% | 6% | 5% | 4% | 8% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 77% | 76% | 83% | 86% | 78% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 5% | 5% | 6% | 6% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 23% | 24% | 17% | 14% | 22% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 91% | 91% | 90% | 91% | 88% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 99% | 114% | 87% | 66% | 115% |
Program output ratio Program output ratio = Program services / Total revenue | 84% | 90% | 105% | 78% | 60% | 101% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 1% | -14% | 13% | 34% | -15% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 2% | -27% | 22% | 78% | -105% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 4% | 3% | 4% | 4% | 5% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.34 | 1.78 | 1.53 | 1.07 | 1.02 | 2.16 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.26 | 2.90 | 1.97 | 1.69 | 1.45 | 2.79 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.20 | 5.16 | 3.01 | 1.80 | 1.48 | 6.00 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.04 | 6.42 | 12.13 | 23.81 | 39.43 | 3.56 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.16 | 0.08 | 0.04 | 0.03 | 0.28 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.10 | 1.96 | 3.66 | 6.37 | 7.92 | 1.44 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 5% | 30% | 26% | 32% | 74% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 26% | 23% | 30% | 63% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 68% | 53% | 46% | 70% | 67% | 12% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $923,377 | $1,870,932 | $2,637,662 | $2,585,007 | $681,189 |
Receivables, inventories, prepaids | $26,387 | $24,555 | $39,761 | $38,417 | $46,054 |
Short-term investments | $58,526 | $50,933 | $69,207 | $79,614 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $1,008,290 | $1,946,420 | $2,746,630 | $2,703,038 | $727,243 |
Long-term investments | $739,235 | $739,235 | $739,235 | $0 | $0 |
Fixed assets | $1,175,128 | $1,146,214 | $1,161,062 | $1,223,194 | $1,298,455 |
Other long-term assets | $0 | $0 | $0 | $0 | $0 |
Total long-term assets | $1,914,363 | $1,885,449 | $1,900,297 | $1,223,194 | $1,298,455 |
Total assets | $2,922,653 | $3,831,869 | $4,646,927 | $3,926,232 | $2,025,698 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $107,632 | $100,037 | $66,594 | $39,296 | $170,719 |
Other current liabilities | $49,328 | $60,450 | $48,750 | $29,250 | $33,750 |
Total current liabilities | $156,960 | $160,487 | $115,344 | $68,546 | $204,469 |
Debt | $0 | $980,320 | $1,086,930 | $1,188,533 | $1,285,184 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
Total long-term liabilities | $0 | $980,320 | $1,086,930 | $1,188,533 | $1,285,184 |
Total liabilities | $156,960 | $1,140,807 | $1,202,274 | $1,257,079 | $1,489,653 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $1,607,803 | $1,472,688 | $1,455,670 | $170,108 | ($485,174) |
With donor restrictions | $1,157,890 | $1,218,374 | $1,988,983 | $2,499,045 | $1,021,222 |
Net assets | $2,765,693 | $2,691,062 | $3,444,653 | $2,669,153 | $536,045 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $4,035,735 | $3,887,677 | $4,727,262 | $5,215,704 | $2,957,720 |
Program service revenue | $1,194,327 | $1,207,288 | $959,419 | $852,131 | $840,536 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $26,884 | $25,299 | $24,870 | $1,665 | ($9,754) |
Other revenue | $3,379 | $3,284 | $2,738 | ($3,092) | $14,696 |
Total other revenue | $1,224,590 | $1,235,871 | $987,027 | $850,704 | $845,478 |
Total revenue | $5,260,325 | $5,123,548 | $5,714,289 | $6,066,408 | $3,803,198 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $4,742,019 | $5,359,782 | $4,479,803 | $3,615,568 | $3,854,541 |
Management and general | $189,170 | $181,644 | $190,658 | $157,744 | $196,586 |
Fundraising | $274,659 | $317,554 | $285,820 | $220,347 | $314,916 |
Total expenses | $5,205,848 | $5,858,980 | $4,956,281 | $3,993,659 | $4,366,043 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $54,477 | ($735,432) | $758,008 | $2,072,749 | ($562,845) |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $54,477 | ($735,432) | $758,008 | $2,072,749 | ($562,845) |
Compensation
Name | Title | Compensation |
Georges Houssney | President | $155,004 |
Pierre Rashad Houssney | Executive Director | $84,000 |
Compensation data as of: 12/31/2023
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 7/12/2024. To update the information below, please email: [email protected]
History
Georges Houssney was raised in the predominantly Muslim city of Tripoli, Lebanon. He came to faith in Jesus Christ as a teenager. Soon God grew a deep love for Muslims in his heart, and he began to sense God's call for full-time service among them.
Well-known for his work supervising the translation and publication of the Bible into clear modern Arabic, Georges and his family moved from the Middle East to the United States in 1982 to minister to international students.
Georges is passionate about reaching internationals here and abroad with the great news of salvation. He writes and lectures internationally about ministry to Muslims, and he strives to awaken a new generation who will proclaim the gospel boldly.