New Horizons Properties Iv Inc
- Assets
- $386.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gainesville, FL
- Founding
- 04/1996
- Data as of
- 06/2021
- EIN
- 59-3366439
Organization Overview
New Horizons Properties Iv Inc is located in Gainesville, FL. The organization was established in 1996. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Horizons Properties Iv 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 06/2021, New Horizons Properties Iv Inc generated $106.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $170.2k during the year ending 06/2021. While expenses have increased by 1.5% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OPERATION OF APARTMENTS FOR INDIVIDUALS WITH PSYCHIATRIC DISABILITIES WHO NEED HOUSING AND POSSIBLE VOLUNTARY PSYCHIATRIC TREATMENT AT A PROVIDER OF THEIR CHOICE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Margarita M Labarta Chairman | 0.45 | $0 | |
Richard Anderson Secretary | 0.25 | $0 | |
Lillian Cason Vice Chair | 0.25 | $0 | |
Karen Brown Director | 0.25 | $0 | |
Edward Andrew Bernard Director | 0.25 | $0 | |
Patricia Abbitt Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,706 |
| Total Program Service Revenue | $46,052 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $942 |
| Total Revenue | $106,704 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $38,248 |
| Occupancy, rent, utilities, and maintenance | $95,296 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,672 |
| Total expenses | $170,216 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,628 |
| Other assets | $0 |
| Total assets | $386,168 |
| Total liabilities | $1,229,150 |
| Net assets or fund balances | -$842,982 |
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