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Nonprofit · EIN 92-1612922

HORIZON CLIMATE INITIATIVE INC

Tax-exempt · CHARLOTTESVLE, VA 22902

Financials

$1.5M$1.2M2023$2M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of HORIZON CLIMATE INITIATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,019,808$1,848,453$171,355$524,079$49,130$474,949
December 31, 2023990$1,546,424$1,242,830$303,594$383,746$80,152$303,594
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,019,808
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,110,530
Other salaries and wages
$542,213
Salaries, compensation and benefits (total)
$542,213
Professional fundraising fees
$0
Legal fees
$3,904
Accounting fees
$11,687
Occupancy
$46,528
Travel
$17,035
Program services (functional)
$1,415,893
Management and general (functional)
$298,565
Fundraising (functional)
$133,995

Balance sheet and other

Total assets, start of year
$383,746
Total assets, end of year
$524,079
Total liabilities, end of year
$49,130
Net assets, end of year
$474,949
Net assets without donor restrictions
$474,949
Gross receipts
$2,019,808
Employees
3
Volunteers
0
Year formed
2023
State of legal domicile
VA

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.

NameTitleHours / weekCompensationOther / benefits
FRANK RAMBOPRESIDENT
Trustee or director, Officer
40$173,372$38,058
SARAH BRENNANTREASURER
Trustee or director, Officer
3$0$0
MATT COXSECRETARY
Trustee or director, Officer
3$0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationOther / benefits
FRANK RAMBOPRESIDENT
Trustee or director, Officer
40$134,192$16,563
SARAH BRENNANTREASURER
Trustee or director, Officer
3$0$0
MATT COXSECRETARY
Trustee or director, Officer
3$0$0

Address and contacts

Address (IRS master file)
216 3RD ST NE STE C, CHARLOTTESVLE, VA 22902-5286
Principal officer (990 for 2024)
FRANK W RAMBO, 102 1ST STREET SOUTH SUITE 201, CHARLOTTESVILLE, VA 22902
Signed the 990
FRANK W RAMBO, EXECUTIVE DIRECTOR
Phone
(434) 202-3398
Return prepared by
BROWN EDWARDS & COMPANY LLP

Mission

HORIZON CLIMIATE INITIATIVE (HCI) IS DEDICATED TO BENDING DOWN THE ARC OF GREENHOUSE GAS POLLUTION BY ENDING PRACTICES THAT FAVOR FOSSIL FUEL GENERATION AT THE EXPENSE OF CONSUMERS AND CLEAN ENERGY

990 for the year ended December 31, 2024

Program accomplishments

  • IN ITS SECOND YEAR OF OPERATION, HCI GRANTED $1,110,530 ACROSS TEN ORGANIZATIONS THAT HAVE PROGRAMS FOCUSED ON PROMOTING A COST-EFFECTIVE AND CLEAN ELECTRICITY SYSTEM.
    Expenses $1,415,893 · grants $1,110,530

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
92-1612922
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C12)
Assets (IRS master file)
$524,079
Income (IRS master file)
$2,019,808

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,019,808$1,848,453$524,079XML
990December 2023$1,546,424$1,242,830$383,746XML

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 92-1612922).

Questions about HORIZON CLIMATE INITIATIVE INC

What is the EIN of HORIZON CLIMATE INITIATIVE INC?
The employer identification number (EIN) of HORIZON CLIMATE INITIATIVE INC is 92-1612922.
Is HORIZON CLIMATE INITIATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to HORIZON CLIMATE INITIATIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HORIZON CLIMATE INITIATIVE 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 CLIMATE INITIATIVE 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 CLIMATE INITIATIVE 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 CLIMATE INITIATIVE INC?
The 990 for the year ended December 31, 2024 names FRANK W RAMBO.
Who are the officers and directors of HORIZON CLIMATE INITIATIVE INC?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $173,372 (FRANK RAMBO, PRESIDENT).
How much revenue does HORIZON CLIMATE INITIATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,019,808, expenses of $1,848,453 and total assets of $524,079 at year end.

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