Nonprofit · EIN 91-1493424
HORIZONS FOUNDATION
Tax-exempt · SEATTLE, WA 98105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,726,893 | $1,747,776 | -$20,883 | $29,104,616 | $3,871 | $29,100,745 |
| December 31, 2023 | 990-PF | $1,162,505 | $1,531,825 | -$369,320 | $26,731,973 | $0 | $26,731,973 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $630,666
- Net gain from sales of assets
- $1,092,133
- Other income
- $4,094
Expenses
- Grants and similar amounts paid
- $1,436,000
- Compensation of officers, directors and key employees
- $94,992
- Disbursements for charitable purposes
- $1,524,427
- Excise tax on investment income
- $21,194
Balance sheet and other
- Total assets, start of year
- $26,731,973
- Total assets, end of year
- $29,104,616
- Total liabilities, end of year
- $3,871
- Net assets, end of year
- $29,100,745
- Fair market value of assets
- $29,104,616
- Qualifying distributions
- $1,524,427
- Net investment income
- $1,726,893
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHEN T HADAC 5025 - 25th Ave NE Ste 206, SEATTLE, WA 98105 | EXEC. DIR.& TREAS.& SECRETARY | 40 | $94,992 | $28,900 |
| LUCY J HADAC 5025 - 25th Ave NE Ste 206, SEATTLE, WA 98105 | DIRECTOR | 2 | $0 | $0 |
| KAREN CLARKE HADAC 5025 - 25th Ave NE Ste 206, SEATTLE, WA 98105 | PRESIDENT & DIRECTOR | 10 | $0 | $0 |
| ROBIN HADAC 5025 - 25th Ave NE Ste 206, SEATTLE, WA 98105 | DIRECTOR & vice PRESIDENT | 2 | $0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHEN T HADAC 5025 - 25th Ave NE Ste 206, SEATTLE, WA 98105 | DIRECTOR/ EXECUTIVE DIRECTOR | 40 | $85,000 | $30,000 |
| LUCY J HADAC 5025 - 25th Ave NE Ste 206, SEATTLE, WA 98105 | VICE PRESIDENT & DIRECTOR | 2 | $0 | $0 |
| KAREN CLARKE HADAC 5025 - 25th Ave NE Ste 206, SEATTLE, WA 98105 | PRESIDENT & DIRECTOR | 2 | $0 | $0 |
| ROBIN HADAC 5025 - 25th Ave NE Ste 206, SEATTLE, WA 98105 | SECRETARY & DIRECTOR | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5025 25TH AVE NE STE 206, SEATTLE, WA 98105-4152
- In care of
- % PMNW LLC
- Signed the 990-PF
- STEPHEN HADAC, EXECUTIVE DIRECTOR
- Phone
- (206) 323-8061
- Return prepared by
- PHILANTHROPY MANAGEMENT NORTHWEST
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 91-1493424
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $29,104,616
- Income (IRS master file)
- $4,483,185
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,726,893 | $1,747,776 | $29,104,616 | IRS |
| 990-PF | December 2023 | $1,162,505 | $1,531,825 | $26,731,973 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 91-1493424).
Questions about HORIZONS FOUNDATION
- What is the EIN of HORIZONS FOUNDATION?
- The employer identification number (EIN) of HORIZONS FOUNDATION is 91-1493424.
- Is HORIZONS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to HORIZONS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HORIZONS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HORIZONS FOUNDATION 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 HORIZONS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of HORIZONS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $94,992 (STEPHEN T HADAC, EXEC. DIR.& TREAS.& SECRETARY).
- How much revenue does HORIZONS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,726,893, expenses of $1,747,776 and total assets of $29,104,616 at year end.
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