Overview
What is New Horizon Youth Homes Inc?
New Horizon Youth Homes Inc is a nonprofit organization committed to establishing a supportive and therapeutic environment. Their mission is to empower individuals, primarily focusing on young people, by fostering the development of healthy relationships and essential life skills. This environment encourages personal growth, enabling these individuals to navigate their lives more effectively. The specific area of focus for New Horizon Youth Homes Inc is behavioral health services.
What are the reviews and ratings of this charity?
New Horizon Youth Homes Inc has received a Two-Star out of Four Star rating from Charity Navigator, with a score of 67%. This rating primarily reflects the organization's performance in Accountability & Finance. While it excels in maintaining an independent board and a solid liabilities-to-assets ratio, its overall score is impacted by missing policies and financial statement transparency.
One of the strengths of New Horizon Youth Homes is its high program expense ratio of 73.81%, which indicates that a significant portion of its expenses directly supports its programs. Additionally, having an independent board with full credit for majority independence highlights its governance strengths. However, the absence of key policies such as conflict of interest and whistleblower policies, alongside the unavailability of financial documents on their website, bring some concerns over policy compliance and financial transparency.
There are currently no user reviews available on GreatNonprofits for New Horizon Youth Homes Inc. This absence of user feedback makes it difficult to gauge community impact and satisfaction from the perspective of those directly involved or benefiting from their initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is New Horizon Youth Homes Inc legitimate?
New Horizon Youth Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Horizon Youth Homes 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: $6,700,974
For more financial information, click here
What is the mission statement of New Horizon Youth Homes Inc?
New Horizon Youth Homes Inc's mission is focused on establishing a structured and therapeutic setting that encourages personal growth for individuals. This environment is designed to empower young people to develop essential life skills and foster healthy relationships. The ultimate goal is to promote self-improvement and enhance their ability to build stronger connections with others.
Who is the CEO of New Horizon Youth Homes Inc?
Thomas B Granado is the Principal Officer of New Horizon Youth Homes Inc.
What is the revenue of New Horizon Youth Homes Inc?
New Horizon Youth Homes Inc's revenue in 2022 was $11,839,895.
Who are the executives of New Horizon Youth Homes Inc and what are their salaries?
The average compensation at New Horizon Youth Homes Inc during 2022 was $31,167. There are 215 employees at New Horizon Youth Homes Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New Horizon Youth Homes Inc?
New Horizon Youth Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Horizon Youth Homes Inc
New Horizon Youth Homes Inc is dedicated to providing behavioral health services with the mission of establishing a structured and therapeutic environment. This environment aims to empower individuals, primarily young people, to foster healthy relationships and develop essential life skills. By promoting personal growth, New Horizon Youth Homes Inc aims to equip these individuals with the tools necessary to lead fulfilling lives. The organization's mission is centered around creating an environment that encourages self-improvement and relationship building, ultimately contributing to individual development and well-being.
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Impact
July, 2024
New Horizon Youth Homes Inc provides behavioral health services in Chandler, AZ, aiming to create a structured, therapeutic environment that empowers individuals to build healthy relationships and develop life skills promoting personal growth. Through their work, they have a direct impact on improving the mental well-being and interpersonal relationships of individuals in need, ultimately contributing to the overall health and resilience of the community.
This information is meant to be a general summary of New Horizon Youth Homes 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: $1,599,484
- Gross Receipts: $14,211,770
Assets and Liabilities:
- Total Assets: $10,399,633
- Total Liabilities: $4,573,650
- Net Assets: $5,825,983
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Organization Details
Founding Year
2002
Phone
(480) 722-2730Principal Officer
Thomas B Granado
Main Address
PO BOX 2754, CHANDLER, AZ, 85224
NTEE Category
Code: P73 - Human services
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