Horizon operates almost entirely within the “gift” economy; donors make much of the programming possible, especially the faith-based programs; board members donate their time, treasure and talent; volunteers make a gift of themselves, their time and often their treasure also. These gifts are received with an abundance of gratitude, by board members who are responsible for this trust, by inmates who are the final recipients of these gifts, and by the staff whose efforts put the gifts to work.
Transparency in program reporting and in financial reporting is vital to the health and well-being of a non-profit organization, and Horizon invites inquiries at any time. A formal financial review was conducted by Parks, DeFilippo & Associates, P.A., Certified Public Accountants of Maitland, FL, according to Standards for Accounting and Review Services issued by the American Institute of Certified Pubic Accountants, and published June 28, 2006. Horizon’s IRS 990 returns are posted on www.GuideStar.org and are available for viewing.
View Financial Data for 2010-2011.
The ratio of program to administrative expenses Horizon Communities has consistently maintained is in the range of 85% for program to 15% administrative or less. Fundraising costs have never exceeded 3% and in some years are even lower.
The contribution of volunteers over the past three years is actually beyond quantifying. But reports from the field do tally the hours, and they average over 4,000 hours per Horizon community per year, or 20,000 hours annually. A monetary equivalent of $16.05/hour for volunteering is federally established. This would amount to an annual contribution of $321,000 or over a million dollars in three years.