Nonprofit · EIN 23-2867116
HORIZON FOUNDATION INC
Tax-exempt · ROCKPORT, MA 01966
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $2,974,708 | $1,615,853 | $1,358,855 | $32,023,639 | $0 | $32,023,639 |
| June 30, 2024 | 990-PF | $3,492,075 | $1,467,435 | $2,024,640 | $30,030,083 | $0 | $30,030,083 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Dividends
- $381,713
- Interest
- $4,000
- Net gain from sales of assets
- $2,588,995
Expenses
- Grants and similar amounts paid
- $1,335,013
- Compensation of officers, directors and key employees
- $100,975
- Disbursements for charitable purposes
- $1,458,011
- Excise tax on investment income
- $39,824
Balance sheet and other
- Total assets, start of year
- $30,030,083
- Total assets, end of year
- $32,023,639
- Total liabilities, end of year
- $0
- Net assets, end of year
- $32,023,639
- Fair market value of assets
- $32,023,639
- Qualifying distributions
- $1,469,891
- Net investment income
- $2,974,708
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Margaret B Chadbourne PO Box 816, Rockport, MA 01966 | Asst Treasurer/Exec Dir. | 40 | $93,250 | $7,725 |
| Alexander K Buck Jr PO Box 816, Rockport, MA 01966 | Director | 1 | $0 | $0 |
| Alexander K Buck III PO Box 816, Rockport, MA 01966 | Director (start 11/2024) | 1 | $0 | $0 |
| Anne E Buck PO Box 816, Rockport, MA 01966 | Director | 1 | $0 | $0 |
| Allie W Buck PO Box 816, Rockport, MA 01966 | Director (end 11/2024) | 1 | $0 | $0 |
| Mallory N Buck PO Box 816, Rockport, MA 01966 | Director (end 5/2025) | 1 | $0 | $0 |
| Norman Harrison Buck PO Box 816, Rockport, MA 01966 | Director | 1 | $0 | $0 |
| John A Ogden PO Box 816, Rockport, MA 01966 | Director | 1 | $0 | $0 |
| Nancy B Buck PO Box 816, Rockport, MA 01966 | Co-President/Director | 5 | $0 | $0 |
| Sarah M Buck PO Box 816, Rockport, MA 01966 | Co-President/Director | 5 | $0 | $0 |
| Callie Buck PO Box 816, Rockport, MA 01966 | Treasurer/Director | 1 | $0 | $0 |
| Johnny P Ritzo PO Box 816, Rockport, MA 01966 | Vice President/Secretary | 1 | $0 | $0 |
990-PF for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Margaret B Chadbourne PO Box 816, Rockport, MA 01966 | Asst Treasurer/Exec Dir. | 40 | $88,646 | $7,500 |
| Alexander K Buck Jr PO Box 816, Rockport, MA 01966 | Director | 1 | $0 | $0 |
| Anne E Buck PO Box 816, Rockport, MA 01966 | Director | 1 | $0 | $0 |
| Allie W Buck PO Box 816, Rockport, MA 01966 | Director | 1 | $0 | $0 |
| Mallory N Buck PO Box 816, Rockport, MA 01966 | Director | 1 | $0 | $0 |
| Norman Harrison Buck PO Box 816, Rockport, MA 01966 | Director | 1 | $0 | $0 |
| Nancy B Buck PO Box 816, Rockport, MA 01966 | Co-President/Director | 5 | $0 | $0 |
| Sarah M Buck PO Box 816, Rockport, MA 01966 | Co-President/Director | 5 | $0 | $0 |
| John A Ogden PO Box 816, Rockport, MA 01966 | Treasurer (end 12/23); Director | 1 | $0 | $0 |
| Callie Buck PO Box 816, Rockport, MA 01966 | Treasurer (eff 12/23) | 1 | $0 | $0 |
| Johnny P Ritzo PO Box 816, Rockport, MA 01966 | Vice President/Secretary | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 816, ROCKPORT, MA 01966-0916
- Signed the 990-PF
- Margaret B Chadbourne, Executive Director
- Phone
- (207) 773-5101
- Website
- horizonfoundation.org
- Return prepared by
- Baker Newman & Noyes
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 23-2867116
- 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
- 1996
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30Z)
- Assets (IRS master file)
- $32,023,639
- Income (IRS master file)
- $18,055,850
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $2,974,708 | $1,615,853 | $32,023,639 | XML |
| 990-PF | June 2024 | $3,492,075 | $1,467,435 | $30,030,083 | XML |
| 990-PF | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | 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 23-2867116).
Questions about HORIZON FOUNDATION INC
- What is the EIN of HORIZON FOUNDATION INC?
- The employer identification number (EIN) of HORIZON FOUNDATION INC is 23-2867116.
- Is HORIZON FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to HORIZON FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HORIZON FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HORIZON FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HORIZON FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of HORIZON FOUNDATION INC?
- The 990-PF for the year ended June 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $93,250 (Margaret B Chadbourne, Asst Treasurer/Exec Dir.).
- How much revenue does HORIZON FOUNDATION INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $2,974,708, expenses of $1,615,853 and total assets of $32,023,639 at year end.
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