2021-02-18T08:19:36-00:00 2020-06-30 GUEYE & ASSOCIATES CPA INC 2246 S HAMILTON RD SUITE 102 COLUMBUS OH 43232 990 2019-07-01 202003228 Horizon Science Academy Denison Middle School HORI 2167399911 1700 Denison Avenue Cleveland OH 44109 RAMAZAN CELEP TREASURER 2021-02-18 true ALIOUNE GUEYE 6143420297 2021-02-18 2019 2022-09-23 18:48:47Z Daniel B Akben 1700 Denison Avenue Cleveland OH 44109 3721631 false X www.horizondenison.org X 2004 OH Horizon Science Academy Denison Middle School is a public charter school serving grades K through 8 for children in Cleveland, OH. The school is a college prep school focusing on math, science and technology education. 5 5 37 0 3305264 3686130 52487 35501 0 0 3357751 3721631 0 0 1422510 2000373 0 0 1452329 1309989 2874839 3310362 482912 411269 1320407 2213209 3297331 3778864 -1976924 -1565655 Horizon Science Academy Denison Middle School is a public charter school that serving grades K through 8 for children in Cleveland, OH. The school is a college prep school focusing on math, science and technology education. false false 3158617 3686130 Instructional services to students K through 8 grades. 3158617 true false false false false false false false false false true false false true true false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 2 0 true 37 true false false false false false false false false false false false false X 5 5 false true false false false false false true true false false false true true true false true true true false OH X Ramazan Celep Concept Schools 8478243380 1336 Basswood Rd Schaumburg IL 60173 Daniel B Akben School Principal 040.00 X 85715 0 0 Fuat Bicer Board Member 001.00 X 0 0 0 Mehmet Malcok Board Member 001.00 X 0 0 0 Marie Bonilla Board Member 001.00 X 0 0 0 Donald Malloy Board President 001.00 X 0 0 0 Hamza Balci Board Member 001.00 X 0 0 0 85715 false false false 3686130 3686130 Miscellaneous local revenue 900099 35501 35501 35501 3721631 35501 0 0 0 0 151745 151745 0 1327310 1327310 373957 373957 127097 127097 20264 20264 458332 458332 5051 5051 9593 9593 0 0 12607 12607 30864 30864 0 0 0 456046 456046 2695 2695 0 0 0 0 41992 41992 15358 15358 Contracted Food Services 94075 94075 Material and Supplies 100528 100528 82848 82848 3310362 3158617 151745 0 X 214259 1157384 9730 1909 2021 993258 805684 237898 175253 101139 62645 185587 1320407 2213209 179969 157320 593192 482265 363200 2524170 2776079 3297331 3778864 X -1976924 -1565655 -1976924 -1565655 1320407 2213209 411269 X false true X false false X 0.00000 0.00000 0.00000 false 80985 71547 9438 156913 103706 53207 62645 Financial derivatives and other financial products Closely-held equity interests Net OPEB Assets 185587 185587 Federal income taxes Net Pension Liability 2681280 Net OPEB Liability 87864 Capital Lease due in one year 6935 2776079 3721631 3721631 3721631 3310362 3310362 3310362 true true true true true true false false false false false false false false true false true 6a The School receives federal and state grants. Total grants received in FY 2020 was 3,686,130. Form 990, Part VI, Section A, Line 3 The School is in contract with Concept Schools Inc., an Illinois based not-for-profit organization to provide instructional, administrative and financial management. The Schools Superintendent and Treasurer are appointed and compensated by Concept Schools. Concept Schools also provide a wide range of services such as budgeting and financial oversight, School Management Database, quarterly OAT/OGT Practice tests, curriculum alignment, professional development and evaluation services for teachers, etc. In return of those services, the School transfers 10 of its total revenue to the management company. Financial Reports are presented to the School Board for approval in Board Meetings.All employment and major business decisions are also subject to the School Boards approval. Form 990, Part VI, Section B, Line 11b Form 990 is prepared by the School Treasurer and a copy is provided to the Board Members for review in the Board Meeting. Form 990, Part VI, Section B, Line 12c The Conflict of Interest Policy is part of the Schools By-Laws. The School Board consistently reviews and discusses any issues that might be in conflict with the policy in the Board Meetings. All operations of the School is also monitored by the Schools Sponsor and annually audited by the Auditors of State. Form 990, Part VI, Section B, Line 15 All employment decisions and compensations are discussed and approved in the Board Meetings. Form 990, Part VI, Section C, Line 19 The Schools Annual Audit Report is published on the Auditors of States web site at http//www.ohioauditor.gov. All governing documents and the Schools Conflict of Interest Policy is available to the public upon request. Form 990, Part X, Line 25 This comprises the amount of Net Pension Liability calculated according to GASB 68 and 75.