Nonprofit · EIN 82-1388190
HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC
Tax-exempt · COVINGTON, KY 41011
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $13,717,407 | $12,818,200 | $899,207 | $51,201,683 | $9,669,896 | $41,531,787 |
| December 31, 2023 | 990 | $12,619,894 | $8,687,725 | $3,932,169 | $47,415,338 | $8,014,257 | $39,401,081 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $11,327,879
- Program service revenue
- $125,233
- Investment income
- $2,270,132
- Net gain from sales of assets
- $528,069
- Net income from fundraising events
- -$5,837
- Other revenue
- -$5,837
Expenses
- Grants and similar amounts paid
- $11,793,244
- Compensation of officers, directors and key employees
- $350,046
- Other salaries and wages
- $115,151
- Salaries, compensation and benefits (total)
- $506,568
- Professional fundraising fees
- $0
- Legal fees
- $299
- Accounting fees
- $39,857
- Occupancy
- $41,632
- Depreciation
- $1,178
- Program services (functional)
- $12,304,311
- Management and general (functional)
- $294,057
- Fundraising (functional)
- $219,832
Balance sheet and other
- Total assets, start of year
- $47,415,338
- Total assets, end of year
- $51,201,683
- Total liabilities, end of year
- $9,669,896
- Net assets, end of year
- $41,531,787
- Land, buildings and equipment
- $2,996
- Publicly traded securities
- $48,736,297
- Net assets without donor restrictions
- $34,562,801
- Net assets with donor restrictions
- $6,968,986
- Gross unrelated business income
- -$37,433
- Gross receipts
- $34,888,431
- Employees
- 3
- Volunteers
- 23
- Year formed
- 2017
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Nancy Grayson | President/CEO Officer | 40 | $194,512 | $23,551 |
| Aaron Slovin | Director of Accounting and Administration Officer | 40 | $128,139 | $3,844 |
| Mary Kate Vanderglas | Director of Marketing and Engagement Highest-paid employee | 40 | $100,517 | $2,865 |
| Valerie Newell | Member Trustee or director | 0.5 | $0 | $0 |
| Bob Sathe | Member Trustee or director | 0.5 | $0 | $0 |
| Kris Knochelmann | Member Trustee or director | 0.5 | $0 | $0 |
| Paul Verst | Member Trustee or director | 0.5 | $0 | $0 |
| Kit Andrews | Member Trustee or director | 0.5 | $0 | $0 |
| Barbara Drees Jones | Member Trustee or director | 0.5 | $0 | $0 |
| Rich Boehne | Member Trustee or director | 0.5 | $0 | $0 |
| Mike Schlotman | Member Trustee or director | 0.5 | $0 | $0 |
| Paul Sartori | Member Trustee or director | 0.5 | $0 | $0 |
| Garren Colvin | Member Trustee or director | 0.5 | $0 | $0 |
| Jim Votruba | Grant Making Comm. Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| Mary Zalla | Chair Trustee or director, Officer | 1 | $0 | $0 |
11 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bob Zapp | Member Trustee or director | 0.5 | $0 |
| Roger Peterman | Member Trustee or director | 0.5 | $0 |
| Chuck Scheper | Member Trustee or director | 0.5 | $0 |
| Bob Kohlhepp | Investment Comm. Chair Trustee or director, Officer | 0.5 | $0 |
| Bill Butler | Member Trustee or director | 0.5 | $0 |
| Crystal Faulkner | Treasurer, Finance & Audit Trustee or director, Officer | 0.5 | $0 |
| Donna Salyers | Member Trustee or director | 0.5 | $0 |
| Lewis Diaz | Member Trustee or director | 0.5 | $0 |
| Jim Uebel | Member - Started 01/24 Trustee or director | 0.5 | $0 |
| Mickey Fritz | Member - Started 01/24 Trustee or director | 0.5 | $0 |
| Lauren Huizenga | Member - Started 01/24 Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Nancy Grayson | President/CEO Officer | 40 | $187,074 | $22,305 |
| Aaron Slovin | Director of Accounting and Administration Officer | 40 | $111,995 | $3,360 |
| Valerie Newell | Member Trustee or director | 0.3 | $0 | $0 |
| Bob Sathe | Member Trustee or director | 0.3 | $0 | $0 |
| Kris Knochelmann | Member Trustee or director | 0.3 | $0 | $0 |
| Paul Verst | Member Trustee or director | 0.3 | $0 | $0 |
| Kit Andrews | Member Trustee or director | 0.3 | $0 | $0 |
| Barbara Drees Jones | Member Trustee or director | 0.5 | $0 | $0 |
| Rich Boehne | Member Trustee or director | 0.3 | $0 | $0 |
| Chuck Session | Member - Exited 1/23 Trustee or director | 0.3 | $0 | $0 |
| Mike Schlotman | Member Trustee or director | 0.3 | $0 | $0 |
| Paul Sartori | Member Trustee or director | 0.3 | $0 | $0 |
| Garren Colvin | Member Trustee or director | 0.3 | $0 | $0 |
| Jim Votruba | Grant Making Comm. Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| Mary Zalla | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Bob Zapp | Member Trustee or director | 0.5 | $0 | $0 |
| Roger Peterman | Member Trustee or director | 0.3 | $0 | $0 |
| Chuck Scheper | Member Trustee or director | 0.3 | $0 | $0 |
| Bob Kohlhepp | Investment Comm. Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| Bill Butler | Member Trustee or director | 0.3 | $0 | $0 |
| Crystal Faulkner | Treasurer, Finance & Audit Trustee or director, Officer | 0.5 | $0 | $0 |
| Donna Salyers | Member Trustee or director | 0.3 | $0 | $0 |
| Lewis Diaz | Member - Started 1/23 Trustee or director | 0.3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 50 E RIVERCENTER BLVD STE 434, COVINGTON, KY 41011-1660
- In care of
- % NANCY GRAYSON
- Mailing address (990-N for 2018)
- 50 East RiverCenter Blvd, covington KY 41011
- Principal officer (990 for 2024)
- Nancy Grayson, 209 Greenup St 410, Covington, KY 41011
- Principal officer (990-N for 2018)
- Nancy Grayson, 50 East RiverCenter Blvd, Covington KY 41011
- Signed the 990
- Nancy Grayson, President & CEO
- Phone
- (859) 757-1552
- Website
- Horizonfunds.org
- Return prepared by
- Barnes Dennig & Co LTD
Mission
To unite resources to raise the quality of life for all people in Northern Kentucky.
Program accomplishments
- Horizon Community Funds of Northern Kentucky brings people together to donate and contribute in ways that have never been available before, to combine their resources to help break the cycle of poverty, support the arts, spark development and innovation, enrich our children's education, and improve the health and wellness of our community. This is a community foundation designed to manage funds exclusively for the benefit of Northern Kentucky. Horizon Community Funds has options for the full spectrum of donors, from those who want to give to a general community fund to those who want to recommend what charities benefit from their gifts.Expenses $12,201,799 · grants $11,793,244 · revenue $78,484
- Horizon Community Funds of Northern Kentucky provides accounting services to key partner organizations for a feeExpenses $102,512 · revenue $46,749
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-1388190
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $51,201,683
- Income (IRS master file)
- $34,888,431
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $13,717,407 | $12,818,200 | $51,201,683 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $12,619,894 | $8,687,725 | $47,415,338 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $6,110,848 | $4,986,680 | $39,932,880 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-N for 2018 Officer: Nancy Grayson | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-1388190).
Questions about HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC
- What is the EIN of HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC?
- The employer identification number (EIN) of HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC is 82-1388190.
- Is HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC?
- The 990 for the year ended December 31, 2024 names Nancy Grayson.
- Who are the officers and directors of HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC?
- The 990 for the year ended December 31, 2024 lists 26 people; 3 received compensation from the organization, the highest $194,512 (Nancy Grayson, President/CEO).
- How much revenue does HORIZON COMMUNITY FUNDS OF NORTHERN KENTUCKY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $13,717,407, expenses of $12,818,200 and total assets of $51,201,683 at year end.
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