Overview
What is New Horizons Foundation Inc?
New Horizons Foundation Inc, located at 731 Chapel Hills Dr, Colorado Springs, CO 80920, is a nonprofit organization committed to assisting individuals in achieving their charitable goals in various sectors. These sectors include religious, educational, scientific, benevolent, and health-related activities. With a team of 20 employees, the foundation aims to facilitate the realization of charitable objectives in these domains. The foundation's objective remains helping individuals make a difference in their communities and beyond through their philanthropic efforts.
Official website here: www.newhorizonsfoundation.net
What are the reviews and ratings of this charity?
Charity Navigator rating: 94% (Four-Star out of Four Stars)
New Horizons Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and financial health. The organization boasts an impressive Program Expense Ratio of 95.68%, indicating a high percentage of resources directed towards its programs. Additionally, with a low liabilities to assets ratio of 0.07% and a working capital ratio of 3.00 years, it demonstrates robust financial stability.
The foundation's governance is solid, featuring a majority independent board with 84% of its members being independent. The organization has implemented comprehensive policies related to conflict of interest, whistleblower protections, and document retention, all of which contribute to its transparency and accountability. Furthermore, the leadership has invested in developing its staff, with executives completing relevant certifications and attending leadership conferences.
While the organization shows strong scores in various areas, including an impressive 100 in Leadership & Adaptability, the feedback collection and usage also received perfect scores, showcasing its commitment to stakeholder engagement. Overall, New Horizons Foundation Inc presents itself as a responsible and well-managed nonprofit, effectively utilizing its resources to achieve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is New Horizons Foundation Inc legitimate?
New Horizons Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Horizons Foundation 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: $477,556
Professional Fundraising Fees: $0
Other Salaries and Wages: $643,583
For more financial information, click here
Official website here: www.newhorizonsfoundation.net
What is the mission statement of New Horizons Foundation Inc?
New Horizons Foundation Inc is dedicated to assisting individuals in achieving their charitable goals in the realms of religion, education, scientific research, benevolence, and health-related activities. The organization's primary objective is to provide support and resources, enabling individuals to make a positive impact in their communities and beyond. By offering guidance and resources, New Horizons Foundation empowers people to make a difference through various charitable pursuits. The organization's mission is rooted in the belief that everyone has the capacity to create change and improve lives through charitable endeavors in these crucial areas.
Official website here: www.newhorizonsfoundation.net
Who is the CEO of New Horizons Foundation Inc?
V William Moritz is the President of New Horizons Foundation Inc.
Official website here: www.newhorizonsfoundation.net
What is the revenue of New Horizons Foundation Inc?
New Horizons Foundation Inc's revenue in 2022 was $56,296,980.
Official website here: www.newhorizonsfoundation.net
Who are the executives of New Horizons Foundation Inc and what are their salaries?
The average compensation at New Horizons Foundation Inc during 2022 was $56,057. There are 20 employees and 760 volunteers at New Horizons Foundation Inc.
Here are 14 key members and their salaries:
- Compensation: $88,389
- Related: $0
- Other: $85,052
- Compensation: $136,554
- Related: $0
- Other: $37,045
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $101,249
- Related: $0
- Other: $29,268
Official website here: www.newhorizonsfoundation.net
Where can I find the form 990 for New Horizons Foundation Inc?
New Horizons Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newhorizonsfoundation.net
Learn more at the official website: www.newhorizonsfoundation.net
Mission Statement of New Horizons Foundation Inc
New Horizons Foundation, a charitable organization, is dedicated to assisting individuals in achieving their goals in the realms of religion, education, scientific research, benevolence, and health. Through its mission, the Foundation offers support and resources to help individuals make a positive impact in their communities and beyond.
By providing a platform for charitable initiatives, New Horizons Foundation empowers individuals to make a difference in various aspects of society. Its commitment to religious, educational, scientific, benevolent, and health-related activities ensures that it caters to a broad range of causes and communities. The Foundation's role extends beyond simply offering financial assistance; it also provides guidance, expertise, and networking opportunities to help individuals bring their vision to life.
New Horizons Foundation's mission is rooted in the belief that every individual has the potential to create a meaningful and lasting change. By offering assistance in various areas, the Foundation enables individuals to make a difference, regardless of the cause or community they are passionate about. In doing so, it fosters a culture of giving, helping to create a world where charitable objectives are not only pursued but also achieved.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
New Horizons Foundation Inc significantly impacts individuals and communities by facilitating charitable objectives across various sectors, including religious, educational, scientific, and health-related activities. By focusing on these critical areas, the Foundation empowers individuals to contribute meaningfully to society, addressing specific needs and driving positive change.
The Foundation’s mission fosters collaboration and support, enabling projects that might otherwise struggle for funding or resources. Through its work, it cultivates a spirit of philanthropy, encouraging generosity and community engagement. In doing so, New Horizons Foundation Inc helps to improve lives and create a more robust and interconnected community in Colorado Springs and beyond, making significant strides in enhancing overall well-being and knowledge.
This information is meant to be a general summary of New Horizons Foundation 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: $3,966,353
- Gross Receipts: $87,558,086
Assets and Liabilities:
- Total Assets: $100,167,136
- Total Liabilities: $74,145
- Net Assets: $100,092,991
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1989
Phone
(719) 260-1213Principal Officer
V William Moritz
Main Address
731 CHAPEL HILLS DR, COLORADO SPRINGS, CO, 80920
NTEE Category
Code: T00 - Philanthropy
If you are a representative of New Horizons Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.