Employment Horizons Inc

Organization Overview

Employment Horizons Inc is located in Cedar Knolls, NJ. The organization was established in 1968. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2021, Employment Horizons Inc employed 306 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Employment Horizons 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 12/2021, Employment Horizons Inc generated $9.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $8.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF EMPLOYMENT HORIZONS, INC. IS TO ASSIST PEOPLE WITH BARRIERS TO EMPLOYMENT TO ACHIEVE THEIR INDIVIDUAL VOCATIONAL OBJECTIVES AND TO ESTABLISH SELF-SUFFICIENCY IN THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMERCIAL SERVICES - JANITORIAL AND GROUNDS KEEPING SERVICES OFFERED COMMERCIALLY WITH THE MAJORITY OF WORK PERFORMED BY CLIENTS WITH DISABILITIES AND OTHER DISADVANTAGES.


EXTENDED EMPLOYMENT - PAID AGENCY-BASED EMPLOYMENT AND TRAINING FOR CLIENTS WITH DISABILITIES FUNDED BY A STATE OF NEW JERSEY GRANT.


CAREER DEVELOPMENT - PAID WORK READINESS TRAINING, VOCATIONAL COUNSELING, AND VOCATIONAL EVALUATION FOR CLIENTS WITH DISABILITIES FOR THE PURPOSE OF DEVELOPING WORK SKILLS.


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Board, Officers & Key Employees

Name (title)Compensation
Matthew Putts
Chief Executive Officer
$148,103
Lisa Montalbano
Chief Operating Officer
$90,887
John J Cox
President
$0
Paul Dolce
Secretary
$0
Arla Cahill
Vice President
$0
Allen Lane
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$156,099
Related organizations$0
Government grants $2,817,671
All other contributions, gifts, grants, and similar amounts not included above$307,682
Noncash contributions included in lines 1a–1f $57,895
Total Revenue from Contributions, Gifts, Grants & Similar$3,281,452
Total Program Service Revenue$5,526,485
Investment income $67,240
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $293,559
Net Income from Fundraising Events $15,688
Net Income from Gaming Activities $2,922
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,232,944

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Employment Horizons Inc has recieved totaling $69,393.

Awarding OrganizationAmount
F M Kirby Foundation Inc

Morristown, NJ

PURPOSE: IN SUPPORT OF 501C3 PURPOSE

$55,000
Sandy Hill Foundation

Morristown, NJ

PURPOSE: GENERAL FUND

$10,000
Sodhani Foundation Inc

Somerset, NJ

PURPOSE: CHARITABLE

$1,700
$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$543
The Lipari Family Foundation Inc

Clifton, NJ

PURPOSE: GENERAL

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$51,413
Earnings$42,512
Ending Balance$93,925

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