Michael E Horn Family Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Michael E Horn Family Foundation Inc is a 501(c)(3) organization based in Owensboro, Kentucky, registered in 2008, with $1,106,723 in FY2024 revenue. CharityIndex grades it B.
Po Box 1944, Owensboro, KY, 42302 EIN 26-1375584 Since 2008
Revenue (FY2024)
$1.1M
▲ 44.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$897K
Net assets
$10.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Michael E Horn Family Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating136 mo reserves · +19% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Michael E Horn Family Foundation Inc: 136 mo reserves · +19% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Michael E Horn Family Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Michael E Horn Family Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1944, Owensboro, KY, 42302
- City
- Owensboro
- State
- Kentucky
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue grew from $853K (FY2020) to $1.1M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $10.2M
Operating margin
19.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.2M
Total liabilities
$0
Net assets
$10.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,106,723▲44.7% | $896,807▼5.0% | $10,173,587▲2.1% | $10,173,587▲2.1% | 990PF |
| 2023 | $764,901▼7.4% | $943,891▲31.6% | $9,961,607▼1.9% | $9,961,607▼1.9% | 990PF |
| 2022 | $825,914▼9.9% | $717,222▼6.3% | $10,149,435▲1.1% | $10,149,435▲1.1% | 990PF |
| 2021 | $916,966▲7.4% | $765,534▲23.3% | $10,034,233▲1.5% | $10,034,233▲1.5% | 990PF |
| 2020 | $853,401 | $620,778 | $9,886,344 | $9,886,344 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Michael E Horn Family Foundation Inc a legitimate nonprofit?
- Yes. Michael E Horn Family Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-1375584, based in Owensboro, Kentucky. Donations are tax-deductible.
- What is Michael E Horn Family Foundation Inc's EIN?
- Michael E Horn Family Foundation Inc's Employer Identification Number (EIN) is 26-1375584.
- How much revenue does Michael E Horn Family Foundation Inc report?
- Michael E Horn Family Foundation Inc reported $1,106,723 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Michael E Horn Family Foundation Inc have?
- CharityIndex grades Michael E Horn Family Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Michael E Horn Family Foundation Inc (EIN 26-1375584) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.