Overview
What is New Horizon Center Inc?
New Horizon Center Inc is a compassionate nonprofit organization situated in Milwaukee, Wisconsin. Their primary focus is to offer foster child care placement services, aiming to provide a supportive environment for children in need. Their mission involves extending their services to foster children, ensuring their well-being and fostering a sense of security. The organization operates as a nonprofit, dedicating its resources to this noble cause.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates that while New Horizon Center Inc shows strengths in certain accountability and financial practices, it also faces significant challenges that impact its overall financial health and transparency.
One of the nonprofit's notable strengths includes a high program expense ratio of 98.94%, which suggests that a large portion of its funds are directed towards its programs rather than administrative costs. The organization boasts a fully independent board and demonstrates strong governance practices, including the documentation of board meeting minutes and a robust audit and oversight committee. However, this positive aspect is overshadowed by several critical limitations, including a significantly high liabilities to assets ratio of 141.57%, indicating potential financial instability.
Additionally, the nonprofit has shortcomings in transparency, with missing critical policies such as conflict of interest and whistleblower policies, as well as the lack of a tax form on its website. These factors contributed to its lower overall rating, highlighting areas where improvement is needed to enhance accountability and public trust. Overall, while New Horizon Center Inc exhibits commendable program efficiency, it must address its financial ratios and policy documentation to improve its standing.
This AI summary has been generated from information found on Charity Navigator.
Is New Horizon Center Inc legitimate?
New Horizon Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Horizon Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $517,554
For more financial information, click here
What is the mission statement of New Horizon Center Inc?
New Horizon Center Inc, as a non-profit organization, is dedicated to providing foster child care placement services. Their mission is centered around supporting vulnerable children by facilitating appropriate foster care placements. The organization's activities aim to offer a nurturing environment and necessary care for these children, ensuring their well-being and development. While specific details about the organization's long-term goals or additional services are not provided, it is clear that New Horizon Center Inc prioritizes the welfare of foster children.
Who is the CEO of New Horizon Center Inc?
Esther Crawford-Brown is the President of New Horizon Center Inc.
What is the revenue of New Horizon Center Inc?
New Horizon Center Inc's revenue in 2022 was $951,036.
Who are the executives of New Horizon Center Inc and what are their salaries?
The average compensation at New Horizon Center Inc during 2022 was $34,504. There are 15 employees at New Horizon Center Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for New Horizon Center Inc?
New Horizon Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Horizon Center Inc
New Horizon Center, as a non-profit organization, is dedicated to providing foster child care placement services. At its core, the mission of this organization is to offer a supportive environment for foster children, ensuring their well-being and care during challenging times. By offering foster child care services, New Horizon Center plays a vital role in providing temporary homes and care for children who need it most. The organization's work is instrumental in bridging the gap between children in need of care and loving families willing to provide it.
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Impact
July, 2024
New Horizon Center Inc plays a crucial role in providing foster child care placement services in Milwaukee, WI. Their impact is significant as they support some of the most vulnerable members of society, ensuring that foster children receive safe and nurturing care. This organization makes a difference by offering essential services and support to those in need, ultimately contributing to the well-being and development of foster children in the community.
This information is meant to be a general summary of New Horizon Center 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10
- Program Service Revenue: $16,136
- Gross Receipts: $951,036
Assets and Liabilities:
- Total Assets: $168,145
- Total Liabilities: $238,058
- Net Assets: -$69,913
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other
Revenue
$16,136
Organization Details
Founding Year
1985
Phone
(414) 962-4000Principal Officer
Esther Crawford-Brown
Main Address
PO BOX 71109, MILWAUKEE, WI, 53211
NTEE Category
Code: P32 - Human services
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