Charity Search / HORIZONS HAMPTON ROADS INC
Philanthropy & Grantmaking (T30) IRS Verified DX Registered 990 on File

HORIZONS HAMPTON ROADS INC

EIN: 54-1946180 · NORFOLK, VA 23505-3405 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 92/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

Horizons Hampton Roads offers impactful academic and enrichment programs that encourage students from Norfolk, Portsmouth, and Virginia Beach to realize their full potential. Our Mission is to advance educational equity by building long-term partnerships with students, families, communities, and schools to create experiences outside of school that inspire the joy of learning.

Financial Overview — FY 2025
$1.2M
Total Revenue
$932K
Total Expenses
$1.2M
Net Assets
88
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 75.9%
Fundraising Efficiency N/A
Operating Reserve 16.09x
Liability-to-Asset 0.5%
Revenue Diversification 99.0%
Executive Compensation $88K
Compared with Peers
FY 2025
Compared with 8,005 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
75.9% 90.0%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
13.8% 7.6%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
10.3% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
16.1 mo 98.0 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.5% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
99.0% 90.3%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
39.3% 11.3%
P10P90
Expense growth
Year over year expense growth
-3.1% 8.2%
P10P90
Surplus margin
Surplus as a share of revenue
20.6% 4.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $1.2M $932K $1.2M 75.9% 88
2024 $842K $962K $914K 76.3% 90
2023 $746K $1.1M $983K 77.6% 82
2022 $616K $892K $1.2M 80.8% 50
2021 $813K $666K N/A 63
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Organization Details
EIN
54-1946180
State
VA
City
NORFOLK
ZIP
23505-3405
Classification
T30
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1999
Foundation Code
15
Form 990
On File
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