Nonprofits/Organizations/82-2581863
Active
501(c)(3)
T30 · Philanthropy, Voluntarism & Grantmaking
Form 990

Greater Horizons Trust

EIN 82-2581863Kansas City, MO 64105Founded 2017WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

HELPS DONORS CREATE THEIR CHARITABLE LEGACIES, SO THEY CAN MAKE THE WORLD A BETTER PLACE. WORKS TO INCREASE CHARITABLE GIVING & CONNECT & EDUCATE DONORS.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$10.1M

-85.5%YoY

Total Expenses

$12.9M

+70.5%YoY

Net Assets

$57.2M

-3.2%YoY

Employees

0

Grants Paid

$12.1M

Program Expense Ratio

93.4%

This nonprofit profile presents IRS Form 990 tax filing data for Greater Horizons Trust (EIN: 82-2581863), 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, 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 -85.5% to $10.1M
Program spending ratio of 93.4% — excellent
53.2 months of operating reserves — strong cushion
Expenses increased +70.5% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
1-member board, 1 independent

Compensation

No Schedule J filed — standard compensation reporting only

Program Effectiveness

1 program reported
93.4% of spending goes to programs
No programs generate independent revenue
$12.1M in grants paid to other organizations

Financial Stability

Debt-to-asset ratio of 3.7% — low leverage
0.0 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets trending upward over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

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

Organization Summary

Greater Horizons Trust is a 501(c)(3) nonprofit headquartered in Kansas City, MO, founded in 2017. It is classified under NTEE code T30 (Public Foundations), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2018. In its 2024 filing, the organization reported $10.1M in total revenue, a 85.5% decrease from the prior year, and $12.9M in total expenses. The organization runs 1 program, totaling $12.1M in program expenses. 4 of 6 recommended governance policies are in place.

Greater Horizons Trust is classified under NTEE code T30 (Public Foundations), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 21.

Programs(Tax Year 2024)

1 record

Programs Overview

Greater Horizons Trust operates 1 program, with total program expenses of $12.1M. Greater Horizons Trust's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $12,054,053

GREATER HORIZONS TRUST WORKS WITH ITS SUPPORTED ORGANIZATION, THE GREATER KANSAS CITY COMMUNITY FOUNDATION, TO HELP DONORS CREATE THEIR CHARITABLE LEGACIES SO THEY CAN MAKE THE WORLD A BETTER PLACE. GREATER HORIZONS TRUST WORKS TO INCREASE CHARITABLE GIVING AND CONNECT AND EDUCATE DONORS, INCLUDING INDIVIDUALS, FAMILIES, BUSINESSES, AND ORGANIZATIONS.

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, Greater Horizons Trust's revenue has grown from $1.8M to $10.1M, a 469.7% increase. Program expenses represent 93% of total spending.

Revenue decreased 85.5% year-over-year, while expenses grew 70.5%. net assets fell to $57.2M, down 3.2% from the prior year.

Greater Horizons Trust derives 170% from contributions and grants, with 1% from investment income.

Revenue is heavily concentrated: 170% comes from contributions and grants, indicating limited diversification.

Greater Horizons Trust allocates 93% to programs, 7% to management and general.

Revenue declined by 85.5% and expenses grew by 70.5% year over year.

Greater Horizons Trust distributed $12.1M in grants to other organizations and individuals, representing 93% of total expenses.

Over 6 filings from 2019–2024, Greater Horizons Trust grew revenue from $1.8M to $10.1M (+469.7%) while maintaining a program expense ratio of 93%.

Greater Horizons Trust holds $59.4M in total assets against $2.2M in liabilities (debt-to-asset ratio of 4%). The organization has 53.2 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$10.1M$17.2M$0$0$125K
2023$69.6M$65.7M$0$0$172K
2022$2.5M$2.0M$0$0$235K
2021$6.1M$4.3M$0$0$224K
2020$9.0M$5.6M$0$0$-76K
2019$1.8M$1.7M$0$0$42K

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$12.9M$12.1M$848K$0$12.1M
2023$7.6M$7.4M$144K$0$7.4M
2022$2.6M$2.6M$13K$0$2.6M
2021$3.8M$3.7M$14K$0$3.7M
2020$6.2M$6.2M$554$0$6.2M
2019$2.1M$2.1M$0$0$2.1M

Program Expense Ratio

93.4%

Admin Expense Ratio

6.6%

Fundraising Efficiency

Operating Reserve

53.2 mo

People & Compensation(Tax Year 2024)

1 record

Compensation Summary

Greater Horizons Trust reported compensation for 1 officers and key employees.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
GREATER HORIZONS FOUNDATIONTRUSTEE
Trustee
1.00$0$0$0

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Greater Horizons Trust has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 1 members, 1 of whom are independent.

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

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 members1
Independent members1

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

1 record

Grantmaking Summary

Greater Horizons Trust awarded $12.1M across 1 grant to organizations. Top recipients include Greater Kansas City Community Foundation (Kansas City, MO) — $12.1M for philanthropy, volunteerism.

Organization Grants

RecipientLocationAmountPurpose
Greater Kansas City Community Foundation431152398Kansas City, MO$12.1MPhilanthropy, Volunteerism

Filing History(Tax Years 2018–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$10.1M$12.9M$57.2M
2023
990
2023-01-01 – 2023-12-31$69.6M$7.6M$59.1M
2022
990
2022-01-01 – 2022-12-31$2.5M$2.6M$906K
2021
990
2021-01-01 – 2021-12-31$6.1M$3.8M$1.2M
2020
990
2020-01-01 – 2020-12-31$9.0M$6.2M$449K
2019
990
2019-01-01 – 2019-12-31$1.8M$2.1M$1.2M
2018No filings acquired yet

Frequently Asked Questions

What does Greater Horizons Trust do?

HELPS DONORS CREATE THEIR CHARITABLE LEGACIES, SO THEY CAN MAKE THE WORLD A BETTER PLACE. WORKS TO INCREASE CHARITABLE GIVING & CONNECT & EDUCATE DONORS.

How much revenue does Greater Horizons Trust have?

Greater Horizons Trust reported $10,071,553 in total revenue for tax year 2024, down 85.5% from the prior year.

Who is the highest-paid executive at Greater Horizons Trust?

GREATER HORIZONS FOUNDATION, TRUSTEE, received $0 in total compensation as of tax year 2024.

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

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

Where is Greater Horizons Trust located?

Greater Horizons Trust is headquartered in Kansas City, MO 64105.

What type of nonprofit is Greater Horizons Trust?

Greater Horizons Trust is classified under NTEE code T30 (Public Foundations), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.

Is Greater Horizons Trust audited?

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

Does Greater Horizons Trust give grants?

Yes, Greater Horizons Trust distributed $12,054,053 in grants to other organizations and individuals in tax year 2024. Top recipients include Greater Kansas City Community Foundation.

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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