2024-04-02T10:41:51-00:00 2023-06-30 450821791 GUEYE & ASSOCIATES CPA INC 2246 S HAMILTON RD SUITE 102 COLUMBUS OH 43232 990 2022-07-01 264574311 Horizon Science Academy of Lorain HORI 4402824277 760 Tower Blvd Lorain OH 44052 RAMAZAN CELEP TREASURER 4402824277 2024-04-02 true RAMAZAN CELEP XXX-XX-XXXX ALIOUNE GUEYE P01010848 6143420297 2024-04-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RAMAZAN CELEP 760 Tower Blvd Lorain OH 44052 14582065 false X www.horizonlorain.org X 2009 OH Horizon Science Academy of Lorain is public charter school that serving grades K through 12 for children in Cleveland, OH. The school is a college prep school focusing on math, science and technology education. 5 5 112 0 13470594 14408559 64230 102393 0 71113 13534824 14582065 0 0 5126394 7313685 0 0 4388715 4674377 9515109 11988062 4019715 2594003 13520776 15949899 10777927 10613047 2742849 5336852 Horizon Science Academy of Lorain is public charter school that serving grades K through 12 for children in Cleveland, OH. The school is a college prep school focusing on math, science and technology education. false false 11988062 14408559 Instructional services to students K through 12 grades. 11988062 true false false false false false false false false false true false false false true false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 3 0 true 112 true false false false false false false false false false false false false false X 5 5 false true false false false false false true true false false true false true true true false true true true false OH X Ramazan Celep Concept Schools 8478243380 1336 Basswood Road Schaumburg IL 60173 Megan Collins School Principal 040.00 X 93758 0 0 Mustafa Arslan Board Member 001.00 X 0 0 0 Robert Hassan Board Member 001.00 X 0 0 0 Donald Malloy Board President 001.00 X 0 0 0 Abdullah Kayretli Board Member 001.00 X 0 0 0 Marie Bonilla Board Member 001.00 X 0 0 0 93758 false false false 14408559 14408559 Other Revenues 102393 102393 102393 Gain on Disposal of Capital Assets 71113 71113 71113 14582065 173506 0 0 0 0 93758 93758 0 5492353 5492353 1300237 1300237 0 427337 427337 1880535 1880535 0 0 0 0 60268 60268 149446 149446 0 0 0 441805 441805 17981 17981 0 25413 25413 39194 39194 0 920851 920851 0 Contracted Food Services 397713 397713 Material and Supplies 474368 474368 266803 266803 11988062 11988062 0 0 X 5739132 5921942 1088557 370386 2715484 3359717 7119735 1613124 3403276 5506611 574327 791243 13520776 15949899 838338 781877 4275258 1747476 5664331 8083694 10777927 10613047 X 2742849 5336852 2742849 5336852 13520776 15949899 2594003 X false true X false true true X false 23010 23010 3376990 37522 3339468 2673038 809160 1863878 1046697 766442 280255 5506611 Financial derivatives and other financial products Closely-held equity interests Federal income taxes Net Pension Liability 7809016 Net OPEB Liability 270869 Notes Payable Lease Payable SBITA Payable 3809 8083694 14582065 14582065 14582065 11988062 11988062 11988062 true true true true false true true false false false false false false false false true false true 6a The School receives federal and state grants. Total grants received in FY 20223 was 8,747,424. Form 990, Part VI, Section A, Line 3 The School is in contract with Concept Schools Inc., an llinois based not-for-profit organization to provide instructional, administrative and financial management. The Schools Superintendent and Treasurer are appointed and compensatedby Concept Schools. Concept Schools also provide a wide range of services suchasbudgeting and financial oversight, School Management Database, quarterly OAT/OGT Practice tests, curriculum alignment, professional development and evaluation services for teachers, etc. In return of those services, the School transfers 10 of its total revenue to the management company. Financial Reports are presented to the School Board for approval in Board Meetings.All employment and major business decisions are also subject to the School Boards approval. Form 990, Part VI, Section B, Line 11b Form 990 is prepared by the School Treasurer and a copy is provided to the Board Members for review in the Board Meeting Form 990, Part VI, Section B, Line 12c The Conflict of Interest Policy is part of the Schools By-Laws. The School Board consistently reviews and discusses any issues that might be in conflict with the policy in the Board Meetings. All operations of the School is also monitored by the Schools Sponsor and annually audited by the Auditors of State Form 990, Part VI, Section B, Line 15 All employment decisions and compensations are discussed and approved in the Board Meetings Form 990, Part VI, Section C, Line 19 The Schools Annual Audit Report is published on the Auditors of States web site at http//www.ohioauditor.gov. All governing documents and the Schools Conflict of Interest Policy is available to the public upon request Form 990, Part X, Line 25 This is the amount of Net Pension Liability calculated according to GASB Statement No. 68 and 75.