Options In Aging
- Assets
- $344.1k
- Revenue
- $262.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Narberth, PA
- Founding
- 10/1976
- Data as of
- 09/2023
- EIN
- 23-2003718
Organization Overview
Options In Aging, operating under the name New Horizons Senior Center, is located in Narberth, PA. The organization was established in 1976. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 09/2023, New Horizons Senior Center employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Horizons Senior Center 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 09/2023, New Horizons Senior Center generated $262.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $243.3k during the year ending 09/2023. While expenses have increased by 2.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF NEW HORIZONS IS TO PROVIDE SUPPORTIVE PROGRAMS AND SERVICES ENABLING ADULTS TO LIVE INDEPENDENTLY IN THEIR OWN HOMES, FORM MEANINGFUL CONNECTIONS WITH OTHERS AND ENGAGE IN LIFELONG LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW HORIZON SENIOR CENTER HAS PROVIDED STIMULATING, NURTURING AND PROGRESSIVE PROGRAMMING FOR ACTIVE ADULTS IN AND AROUND LOWER MERION TOWNSHIP FOR OVER FORTY YEARS. WE CURRENTLY SERVE OVER 1,000 UNDUPLICATED SENIORS. NHSC'S RICH AND VARIED PROGRAMS FIT INTO FOUR BROAD CATEGORIES (RECREATION & SOCIALIZATION, EDUCATION, HEALTH & WELLNESS, AND SUPPORTIVE SERVICES) AND ARE CAREFULLY DESIGNED TO FOSTER ALL ASPECTS OF WELLNESS FOR SENIORS. NHSC HAS A UNIQUE AND SUCCESSFUL VOLUNTEER-LED PROGRAM MODEL WHICH HELPS MANY OF OUR OWN SENIORS TO FIND MEANING AND PURPOSE IN RETIREMENT. THEY GREATLY ENHANCE OUR CAPACITY TO SERVE! DURING THIS FISCAL YEAR, NHSC PROVIDED SAFE, "GRAB AND GO" NUTRITIOUS LUNCHES FOR SENIOR CITIZENS (AGE 60+) FREE OF CHARGE OR BY A "PAY IF THEY CAN" ANONYMOUS DONATION. DURING THE ON-GOING PANDEMIC, WE HAVE OFFERED A ROBUST ARRAY OF OUR PROGRAMS REMOTELY. WE CONTINUE THIS SAFE MODALITY AS PART OF OUR SERVICE DELIVERY. WE PROVIDE A FULL ARRAY OF REMOTE PROGRAMS AND SERVICES -FROM COMPUTER TECH SUPPORT, AGING SUPPORT GROUPS AND PRIVATE COUNSELING, TO BOOK, DISCUSSION, AND EXERCISE GROUPS. STAFF AND VOLUNTEERS QUICKLY RE-DEPLOYED TO MAXIMIZE OUR CAPACITY TO PROVIDE REMOTE SUPPORT AND TRAIN OUR SENIORS TO PARTICIPATE. IN ADDITION TO ADDING OUR WELL UTILIZED GRAB AND GO MEALS PROGRAM WE HAVE BUILT SAFE HYBRID PROGRAMMING (COMBINING IN-PERSON, MASKED PARTICIPATION WITH BROADCAST TO THOSE SENIORS PREFER TO PARTICIPATE MORE SAFELY FROM THEIR HOMES.)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Flanagan MD PHD President | OfficerTrustee | 1 | $0 |
Patricia Boyle Secretary | OfficerTrustee | 1 | $0 |
Catherine A Schweiger Treasurer | OfficerTrustee | 1 | $0 |
William P Becker Director | Trustee | 1 | $0 |
Debra Seave Robinson Mss Lsw Director | Trustee | 1 | $0 |
Heather L Turner ESQ Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,354 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $90,444 |
| All other contributions, gifts, grants, and similar amounts not included above | $164,988 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $257,786 |
| Total Program Service Revenue | $1,280 |
| Investment income | $2,909 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $261,975 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $69,556 |
| Compensation of current officers, directors, key employees. | $10,434 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,343 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,941 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,863 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,944 |
| Advertising and promotion | $1,865 |
| Office expenses | $3,986 |
| Information technology | $7,042 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,289 |
| Insurance | $5,658 |
| All other expenses | $338 |
| Total functional expenses | $243,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,803 |
| Savings and temporary cash investments | $246,725 |
| Pledges and grants receivable | $37,154 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $424 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $344,106 |
| Accounts payable and accrued expenses | $7,601 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,601 |
| Net assets without donor restrictions | $264,523 |
| Net assets with donor restrictions | $71,982 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $344,106 |