Nonprofits/Organizations/20-0849590
Active
501(c)(3)
T113
Form 990

Greater Horizons

EIN 20-0849590Kansas City, MO 64105Founded 2004WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

Greater Horizons provides a comprehensive platform of charitable tools and philanthropic giving vehicles, specializing in donor-advised funds, accepting complex asset gifts and assisting donors with strategic giving.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$754.1M

-15.3%YoY

Total Expenses

$239.4M

-74.5%YoY

Net Assets

$2.5B

+38.3%YoY

Employees

0

Volunteers

5

Grants Paid

$227.2M

Program Expense Ratio

96.2%

Fundraising Efficiency

149795.5%

This nonprofit profile presents IRS Form 990 tax filing data for Greater Horizons (EIN: 20-0849590), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue declined -15.3% to $754.1M
Program spending ratio of 96.2% — excellent
124.9 months of operating reserves — strong cushion
Expenses decreased -74.5% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
5-member board, 4 independent

Compensation

Top compensation: $549,913 (DIRECTOR/PRESIDENT)
Top exec pay is 0.2% of total expenses — very modest
Schedule J filed for 2 individuals — detailed disclosure
No executive perks reported

Program Effectiveness

1 program reported
96.2% of spending goes to programs
No programs generate independent revenue
$227.2M in grants paid to other organizations
5 volunteers engaged

Financial Stability

Debt-to-asset ratio of 10.4% — low leverage
0.0 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets consistently growing over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
Family or business relationships among officers/directors

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Greater Horizons is a 501(c)(3) nonprofit headquartered in Kansas City, MO, founded in 2004. The organization has held tax-exempt status since 2009. In its 2024 filing, the organization reported $754.1M in total revenue, a 15.3% decrease from the prior year, and $239.4M in total expenses. The organization engaged 5 volunteers. DEBORAH WILKERSON, DIRECTOR/PRESIDENT, is the highest-compensated individual at $549,913. The organization runs 1 program, totaling $230.2M in program expenses. 4 of 6 recommended governance policies are in place.

Greater Horizons is classified under NTEE code T113. Its foundation type is 15.

Programs(Tax Year 2024)

1 record

Programs Overview

Greater Horizons operates 1 program, with total program expenses of $230.2M. Greater Horizons's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $230,229,955

GREATER HORIZONS HELPS DONORS GIVE TO CHARITY THROUGH DONOR-ADVISED FUNDS AND OTHER CHARITABLE INVESTMENT ACCOUNTS. DONORS USE THEIR FUNDS TO GRANT TO THEIR FAVORITE CAUSES. IN 2024, DONORS GRANTED $227 MILLION TO NONPROFIT ORGANIZATIONS ACROSS THE COUNTRY. GREATER HORIZONS WORKS DONOR BY DONOR TO PROVIDE RESEARCH AND RESOURCES TO ASSIST WITH THEIR GIVING, INCLUDING PERSONAL AND FAMILY DISCUSSIONS ABOUT LEGACY AND VALUES, COMPETITIVE GRANT PROGRAMS, AND GUIDANCE ON CHARITABLE LANDSCAPES.

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, Greater Horizons's revenue has grown from $361.6M to $754.1M, a 108.6% increase. Program expenses represent 96% of total spending.

Revenue decreased 15.3% year-over-year, while expenses declined 74.5%. net assets rose to $2.5B, up 38.3% from the prior year.

Greater Horizons derives 86% from contributions and grants, with 14% from investment income.

Revenue is primarily driven by contributions and grants (86%), with investment income at 14%.

Greater Horizons allocates 96% to programs, 4% to management and general, 0% to fundraising.

Revenue declined by 15.3% and expenses declined by 74.5% year over year.

Greater Horizons distributed $227.2M in grants to other organizations and individuals, representing 95% of total expenses.

Over 6 filings from 2019–2024, Greater Horizons grew revenue from $361.6M to $754.1M (+108.6%) while maintaining a program expense ratio of 96%.

Greater Horizons holds $2.8B in total assets against $289.9M in liabilities (debt-to-asset ratio of 10%). The organization has 124.9 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$754.1M$647.5M$0$0$106.5M
2023$890.4M$811.0M$0$0$79.5M
2022$608.7M$546.2M$0$0$62.5M
2021$676.0M$552.8M$0$0$126.1M
2020$502.7M$445.1M$0$0$56.9M
2019$361.6M$310.7M$0$0$50.2M

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$239.4M$230.2M$8.8M$432K$227.2M
2023$937.8M$929.4M$1.3M$441K$919.0M
2022$406.6M$398.1M$8.1M$398K$378.6M
2021$444.0M$435.9M$7.8M$371K$412.5M
2020$303.6M$297.8M$5.6M$268K$276.9M
2019$236.4M$233.6M$2.6M$253K$209.7M

Program Expense Ratio

96.2%

Admin Expense Ratio

3.7%

Fundraising Efficiency

149795.5%

Operating Reserve

124.9 mo

People & Compensation(Tax Year 2024)

6 records

Compensation Summary

Greater Horizons reported compensation for 6 officers and key employees. Total officer compensation was $841K, representing 0.4% of total expenses. 1 individual received total compensation exceeding $500,000.

Greater Horizons's highest-compensated individual received $550K in total compensation. Total officer compensation of $841K represents 0.4% of total expenses. 1 individual received total compensation exceeding $500,000.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
DEBORAH WILKERSONDIRECTOR/PRESIDENT
OfficerDirector
20.00$0$490,724$549,913
COREY ZIEGLERASSISTANT SECRETARY
Officer
20.00$0$267,391$290,990
ANN F KONECNYDIRECTOR/VICE CHAIR
OfficerDirector
1.00$0$0$0
JEFF HARGROVESDIRECTOR/CHAIR
OfficerDirector
1.00$0$0$0
GAYLE PACKERDIRECTOR/SECRETARY
OfficerDirector
1.00$0$0$0
KEN WILLIAMSDIRECTOR/TREASURER
OfficerDirector
1.00$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

DEBORAH WILKERSON

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

COREY ZIEGLER

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Greater Horizons has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 5 members, 4 of whom are independent.

Greater Horizons's financial statements are audited, an audit committee oversees the process.

Greater Horizons has family or business relationships among officers, directors, or key employees.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members5
Independent members4

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

3285 records

Grantmaking Summary

Greater Horizons awarded $212.2M across 3282 grants to organizations. Top recipients include University of Southern California (Los Angeles, CA) — $10.1M for education; Donor Advised Charitable Giving Inc (dba DAFgiving360) (Omaha, NE) — $8.2M for public, societal benefit; Red Raiders Facilities Foundation Inc (Fort Worth, TX) — $6.5M for education. The organization also provided grants to individuals (224 recipients) totaling $1.4M, including scholarships.

Organization Grants

RecipientLocationAmountPurpose
University of Southern California951642394Los Angeles, CA$10.1MEducation
Donor Advised Charitable Giving Inc (dba DAFgiving360)311640316Omaha, NE$8.2MPublic, Societal Benefit
Red Raiders Facilities Foundation Inc873740602Fort Worth, TX$6.5MEducation
University Impact821504018Provo, UT$5.2MEducation
Yale University060646973New Haven, CT$5.0MEducation
Child Saving Institute Inc450489204Omaha, NE$3.6MHuman Services
Kansas University Endowment Association480547734Lawrence, KS$3.1MEducation
Bank of America Charitable Gift Fund046010342Providence, RI$2.1MPublic, Societal Benefit
Brooklyn College Foundation Inc111904329Brooklyn, NY$2.0MEducation
St John's College - Santa Fe850162247Santa Fe, NM$1.8MEducation
Church of Jesus Christ of Latter-day Saints870234341Salt Lake City, UT$1.8MReligion-Related
Morgan Stanley Global Impact Funding Trust Inc527082731New York, NY$1.8MPublic, Societal Benefit
Capstone Classical Academy863946901Fargo, ND$1.7MEducation
Case Western Reserve University341018992Cleveland, OH$1.5MEducation
St Patrick's Catholic Church of Elkhorn844733847Elkhorn, NE$1.5MReligion-Related
Bivona Child Advocacy Center030519569Rochester, NY$1.5MHuman Services
New Tech Network Inc465770233Napa, CA$1.5MEducation
Center for Environmental Accountability883139297Hurst, TX$1.4MEnvironment & Animals
The Riordan Foundation954240189Pasadena, CA$1.3MEducation
Trustees of the University of Pennsylvania231352685Philadelphia, PA$1.2MEducation

Showing 20 of 3282 grants.

Grants to Individuals

TypeRecipientsAmount
SCHOLARSHIPS224$1.4M

Foreign Activities(Tax Year 2024)

International Overview

Activities span Europe (Including Iceland and Greenland), Central America and the Caribbean, East Asia and the Pacific, Middle East and North Africa, North America (Canada & Mexico only).

Regions & Countries

Region / CountryActivityExpenditure
Europe (Including Iceland and Greenland)
Central America and the Caribbean
Europe (Including Iceland and Greenland)
East Asia and the Pacific
Middle East and North Africa
North America (Canada & Mexico only)

Supplemental Financial Data(Tax Year 2024)

Schedule D Highlights

Greater Horizons operates a donor-advised fund (DAF) program with 3,055 accounts. The endowment stands at $10.4M, with $236K in new contributions.

Filing History(Tax Years 2009–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$754.1M$239.4M$2.5B
2023
990
2023-01-01 – 2023-12-31$890.4M$937.8M$1.8B
2022
990
2022-01-01 – 2022-12-31$608.7M$406.6M$1.1B
2021
990
2021-01-01 – 2021-12-31$676.0M$444.0M$968.2M
2020
990
2020-01-01 – 2020-12-31$502.7M$303.6M$657.9M
2019
990
2019-01-01 – 2019-12-31$361.6M$236.4M$493.5M
2009–2018No filings acquired yet

Frequently Asked Questions

What does Greater Horizons do?

Greater Horizons provides a comprehensive platform of charitable tools and philanthropic giving vehicles, specializing in donor-advised funds, accepting complex asset gifts and assisting donors with strategic giving.

How much revenue does Greater Horizons have?

Greater Horizons reported $754,144,636 in total revenue for tax year 2024, down 15.3% from the prior year.

Who is the highest-paid executive at Greater Horizons?

DEBORAH WILKERSON, DIRECTOR/PRESIDENT, received $549,913 in total compensation as of tax year 2024.

Is Greater Horizons a 501(c)(3)?

Yes, Greater Horizons is classified as a 501(c)(3) tax-exempt organization.

Where is Greater Horizons located?

Greater Horizons is headquartered in Kansas City, MO 64105.

Is Greater Horizons audited?

Yes, Greater Horizons's financial statements are audited, and the organization has an audit committee.

How much does Greater Horizons spend on fundraising?

Greater Horizons reported $432,254 in fundraising expenses for tax year 2024, which represents 0.2% of total expenses.

Does Greater Horizons give grants?

Yes, Greater Horizons distributed $227,175,669 in grants to other organizations and individuals in tax year 2024. Top recipients include University of Southern California, Donor Advised Charitable Giving Inc (dba DAFgiving360), Red Raiders Facilities Foundation Inc.

Does Greater Horizons operate internationally?

Yes, Greater Horizons conducts activities outside the United States. Activities span Europe (Including Iceland and Greenland), Central America and the Caribbean, East Asia and the Pacific, Middle East and North Africa, North America (Canada & Mexico only).

Data Source

Prepared by: Forvis Mazars LLP, Kansas City, MO

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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