New Horizons Agency Inc
- Assets
- $20.7m
- Revenue
- $2.4m
- Investments
- $19.7m
- Employees
- 0
- Location
- Jefferson City, MO
- Founding
- 03/2007
- Data as of
- 06/2022
- EIN
- 02-0586953
Organization Overview
New Horizons Agency Inc is located in Jefferson City, MO. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Horizons Agency Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, New Horizons Agency Inc generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, New Horizons Agency Inc has awarded 19 individual grants totaling $4,428,344. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHINA MISSION PROJECT: THIS PROGRAM FURTHERS THE EDUCATION OF YOUNG PEOPLE AND FINDS WAYS TO IMPROVE THE QUALITY OF LIFE OF THOSE PEOPLES IN POORER RURAL AND URBAN AREAS OF CHINA. THE FOUNDATION PROVIDES COORDINATION ASSISTANCE FOR A TEACHING ABROAD PROGRAM THROUGH TRUMAN STATE UNIVERSITY IN KIRKSVILLE, MISSOURI. THIS PROGRAM PROVIDES FOR COLLEGE STUDENTS TO TEACH ENGLISH TO CHINESE MIDDLE AND HIGH SCHOOL STUDENTS LOCATED AT A HIGH SCHOOL IN THE CITY OF SHUI JHAI, CHINA.
DONATIONS ARE MADE TO NEW HORIZONS COMMUNITY SUPPORT SERVICES AND ITS AFFILIATED NONPROFIT HOUSING PROJECTS TO HELP MEET THE NEEDS OF IMPROVED HOUSING AND SUPPORT OF INDIVIDUALS WITH SEVERE AND PERSISTANT MENTAL CHALLENGES.
DONATIONS TO HUNGER RELIEF CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candace Cheung Treasurer | 8 | $72,000 | |
Andrea Cheung Secretary | 5 | $50,000 | |
Chi L Cheung President | 1 | $0 | |
Jeremy Cheung Director | 1 | $0 | |
Candace Treat Director | 0.5 | $0 | |
Rev Stephen Buchholz Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,500,569 |
| Interest on Savings | $165,234 |
| Dividends & Interest | $380,539 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $319,327 |
| Capital Gain Net Income | $319,327 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,365,669 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $122,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $35,041 |
| Interest | $24,883 |
| Taxes | $8,935 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,422 |
| Total operating and administrative expenses | $348,948 |
| Contributions, gifts, grants paid | $1,170,000 |
| Total expenses and disbursements | $1,518,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $986,419 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,675,798 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, New Horizons Agency Inc has awarded $1,170,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CJCA PURPOSE: HOUSING FOR MENTALLY CHALLENGED | $1,130,000 |
Kirksville, MO PURPOSE: SCHOLARSHIPS | $20,000 |
THE FOOD BANK FOR CENTRAL &NE MO PURPOSE: HUNGER RELIEF | $10,000 |
THE SAMARITAN CENTER PURPOSE: HUNGER RELIEF | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Horizons Agency Inc has recieved totaling $1,500,000.
| Awarding Organization | Amount |
|---|---|
New Horizons Community Support Services Inc Jefferson City, MO PURPOSE: PROGRAM SUPPORT | $1,500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |