Overview
What is New Horizons Ministries Inc?
New Horizons Ministries Inc, located in Canon City, Colorado, is a nonprofit organization dedicated to offering religiously-focused rehabilitation programs for previously incarcerated individuals. The organization's mission is twofold: to support and nurture children and families in need, and to share the love of Christ with incarcerated youth and adults. To achieve these goals, New Horizons Ministries Inc provides work experience through thrift stores, offering social and vocational mentoring to individuals involved in their spiritual life program. The organization boasts a workforce of 36 individuals, and through its efforts, it aims to positively impact the lives of mothers, children, and youth.
Official website here: www.newhorizonsministries.com
What are the reviews and ratings of this charity?
Charity Navigator has rated New Horizons Ministries Inc with a 97%, granting it a Four-Star out of Four Star rating. This high score reflects the organization's strong accountability and financial management practices. With a perfect score in key areas such as board independence, financial oversight, and low fundraising costs, the organization demonstrates a commitment to transparency and effective use of resources.
Users have highlighted the organization's strengths, particularly its efficient allocation of funds toward programs, showing an impressive program expense ratio of 84.13%. This indicates that a significant portion of funding is directly supporting the charity's mission, which is a positive aspect for potential donors looking to contribute with confidence.
Unfortunately, there are no user reviews available from GreatNonprofits at this time, so specific community feedback is not represented. Nonetheless, the financial ratings provide substantial reassurance regarding the integrity and operational health of New Horizons Ministries Inc.
This AI summary has been generated from information found on Charity Navigator.
Is New Horizons Ministries Inc legitimate?
New Horizons Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Horizons Ministries 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: $203,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,575,944
For more financial information, click here
Official website here: www.newhorizonsministries.com
What is the mission statement of New Horizons Ministries Inc?
New Horizons Ministries Inc's mission is centered around three main areas: supporting children and families in need, reaching out to incarcerated individuals, and fostering growth among their staff members. The organization provides Christ-focused nurture to those in need, shares the love of Christ with incarcerated youth and adults, and offers opportunities for personal and spiritual growth within their team. In addition, they offer religiously-focused rehabilitation programs and social and vocational mentoring for formerly incarcerated individuals, providing work experience through their thrift stores.
Official website here: www.newhorizonsministries.com
Who is the CEO of New Horizons Ministries Inc?
Unavailable
Official website here: www.newhorizonsministries.com
What is the revenue of New Horizons Ministries Inc?
New Horizons Ministries Inc's revenue in 2023 was $8,053,321.
Official website here: www.newhorizonsministries.com
Who are the executives of New Horizons Ministries Inc and what are their salaries?
The average compensation at New Horizons Ministries Inc during 2023 was $132,767. There are 36 employees and 186 volunteers at New Horizons Ministries Inc.
Here are 16 key members and their salaries:
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- Compensation: $81,337
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- Other: $1,814
Official website here: www.newhorizonsministries.com
Where can I find the form 990 for New Horizons Ministries Inc?
New Horizons Ministries Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.newhorizonsministries.com
Learn more at the official website: www.newhorizonsministries.com
Mission Statement of New Horizons Ministries Inc
New Horizons Ministries Inc is committed to making a positive impact on the lives of various groups, including mothers and children, prison inmates, and youth. Their mission, in essence, is threefold. Firstly, they strive to offer Christ-centered nurture for families in need, providing them with essential support during challenging times. Secondly, they extend the love of Christ to incarcerated youths and adults, offering them a chance at rehabilitation and redemption. Lastly, they aim to foster spiritual and personal growth among their staff members through enriching programs and experiences. To achieve these objectives, New Horizons Ministries Inc provides religiously-focused programs for the rehabilitation of formerly incarcerated individuals, complemented by social and vocational mentoring. Their spiritual life program offers work experience in thrift stores, providing a practical avenue for personal development and reintegration into society.
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Impact
July, 2024
New Horizons Ministries Inc impacts the lives of mothers and children, prison inmates, and youth by providing Christ-centered nurture for families in need, sharing the love of Christ with incarcerated individuals, and offering programs and experiences that foster spiritual and personal growth. Their focus on rehabilitation and social and vocational mentoring for formerly incarcerated persons is instrumental in helping individuals reintegrate into society. Through their work experience programs in thrift stores, they provide valuable support and guidance to those seeking a fresh start.
This information is meant to be a general summary of New Horizons Ministries 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 2023.
- Investment Income: $11,160
- Program Service Revenue: $505,685
- Gross Receipts: $14,850,840
Assets and Liabilities:
- Total Assets: $11,265,748
- Total Liabilities: $2,338,811
- Net Assets: $8,926,937
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Childcare & Support
Revenue
$330,029
Program Rental Income
Revenue
$169,066
Rehabilitation Program
Revenue
$6,590
Organization Details
Founding Year
1990
Phone
(719) 275-5242Main Address
1025 Royal Gorge Blvd, Canon City, CO, 81212
NTEE Category
Code: P33 - Human services
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