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New Horizon Foster Care Agency Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043686610 ✦ West sacramento, CA ✦ Designated as a 501(c)(3)

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Overview

What is New Horizon Foster Care Agency Inc?

New Horizon Foster Care Agency Inc, located in West Sacramento, California, is a nonprofit organization with a mission to provide residential care and treatment for emotionally and physically neglected children. With a dedicated workforce of six individuals, the agency offers a safe and nurturing environment for children who have experienced neglect. Their primary focus is on addressing the emotional and physical needs of these children, aiming to help them recover and thrive. The agency's activities are centered around providing the necessary care and treatment to ensure the well-being and development of these children.


Official website here: www.newhorizonsffa.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 57%, One-Star out of Four Star rating.

New Horizon Foster Care Agency Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The rating is based solely on its accountability and finance beacon, where the organization scored well in areas such as board independence and the absence of material asset diversion. However, the charity's financial ratios, particularly a liabilities-to-assets ratio of 136.06%, raise red flags about its financial health.

The charity's strengths include having a majority of independent board members and proper documentation of board meeting minutes. Nevertheless, it lacks essential policies such as a conflict of interest policy and a whistleblower policy, which could undermine transparency and accountability. Additionally, the organization did not post its tax form on its website, impacting its score negatively.

While New Horizon Foster Care Agency Inc demonstrates some positive governance practices, the overall low score highlights critical areas that require improvement. Addressing these deficiencies could enhance trust with stakeholders and improve its operational effectiveness moving forward.


This AI summary has been generated from information found on Charity Navigator.

Is New Horizon Foster Care Agency Inc legitimate?

New Horizon Foster Care Agency Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Horizon Foster Care Agency Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $194,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,789

For more financial information, click here


Official website here: www.newhorizonsffa.com

What is the mission statement of New Horizon Foster Care Agency Inc?

New Horizon Foster Care Agency Inc is dedicated to providing residential care and treatment for emotionally and physically neglected children. Their mission is centered around offering a safe and nurturing environment for these children, aiming to help them overcome their challenges and heal from their past experiences. The agency's primary goal is to provide these children with the care and support they need to thrive and lead fulfilling lives. Their approach includes therapeutic interventions and a supportive community that fosters growth and development. They are committed to making a positive impact on each child's life, giving them the chance to overcome their past and look forward to a brighter future.


Official website here: www.newhorizonsffa.com

Who is the CEO of New Horizon Foster Care Agency Inc?

Terrell Lowery is the Board Member/Secty/Administrator of New Horizon Foster Care Agency Inc. The CEO's salary of New Horizon Foster Care Agency Inc is $94,500 and their total compensation is $94,500.


Official website here: www.newhorizonsffa.com

What is the revenue of New Horizon Foster Care Agency Inc?

New Horizon Foster Care Agency Inc's revenue in 2022 was $476,851.


Official website here: www.newhorizonsffa.com

Who are the executives of New Horizon Foster Care Agency Inc and what are their salaries?

The average compensation at New Horizon Foster Care Agency Inc during 2022 was $42,198. There are 6 employees at New Horizon Foster Care Agency Inc.


Here are 5 key members and their salaries (New Horizon Foster Care Agency Inc's CEO's salary is $94,500 and their total compensation is $94,500):


Denise Lowery (Board Member/Secty/Administrator)
  • Compensation: $99,900
  • Related: $0
  • Other: $0
Terrell Lowery (Board Member/Ceo/Cfo)
  • Compensation: $94,500
  • Related: $0
  • Other: $0
Sandra Moore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damon Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Scott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newhorizonsffa.com

Where can I find the form 990 for New Horizon Foster Care Agency Inc?

New Horizon Foster Care Agency Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newhorizonsffa.com

Learn more at the official website: www.newhorizonsffa.com

Mission Statement of New Horizon Foster Care Agency Inc

New Horizon Foster Care Agency Inc is committed to providing residential care and treatment for emotionally and physically neglected children. Their mission is to offer a safe and nurturing environment for these children, helping them overcome the challenges they have faced due to neglect. The agency's primary focus is on providing comprehensive care that addresses both the emotional and physical needs of these children, aiming to help them heal and grow into healthy, well-adjusted individuals. By offering residential care and treatment, New Horizon Foster Care Agency Inc is able to provide a consistent and supportive environment for these children, allowing them to build trust and develop positive relationships with caring adults.

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Impact




July, 2024

New Horizon Foster Care Agency Inc makes a profound impact by providing residential care and treatment to emotionally and physically neglected children in West Sacramento, CA. Their mission is dedicated to the well-being and rehabilitation of these vulnerable children, offering them a safe and nurturing environment to heal and thrive. Through their human services efforts, New Horizon Foster Care Agency Inc positively influences the lives of these children, offering them hope, support, and a chance for a brighter future.




This information is meant to be a general summary of New Horizon Foster Care Agency Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$476,851 (2022)
Expenses
$587,195 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $476,851

Assets and Liabilities:

  • Total Assets: $123,069
  • Total Liabilities: $167,456
  • Net Assets: -$44,387

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Organization Details

Founding Year

2002

Principal Officer

Terrell Lowery

Main Address

2950 BEACON BLVD STE 40, WEST SACRAMENTO, CA, 956915031

NTEE Category

Code: P22 - Human services

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