The New Horizons Foundation Inc

Organization Overview

The New Horizons Foundation Inc is located in Colorado Springs, CO. The organization was established in 1990. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, New Horizons Foundation Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Horizons Foundation 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 12/2022, New Horizons Foundation Inc generated $56.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $40.8m during the year ending 12/2022. While expenses have increased by 16.7% 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.

Since 2021, New Horizons Foundation Inc has awarded 321 individual grants totaling $19,389,103. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE OBJECTIVE OF NEW HORIZONS FOUNDATION IS TO HELP INDIVIDUALS ACCOMPLISH THEIR CHARITABLE OBJECTIVES IN RELIGIOUS, EDUCATIONAL, SCIENTIFIC, BENEVOLENT AND HEALTH RELATED ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HELP INDIVIDUALS ACCOMPLISH THEIR CHARITABLE OBJECTIVES IN RELIGIOUS, EDUCATIONAL, SCIENTIFIC, BENEVOLENT AND HEALTH RELATED ACTIVITIES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Steve Prensner
President
$88,389
V William Moritz
Vp/executive Director
$136,554
Lauren Libby
Board Chairman
$0
Gary Daniel
Treasurer
$0
Ronald Halverson
Director
$0
Leisle Chung
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$52,312,977
Noncash contributions included in lines 1a–1f $11,350,734
Total Revenue from Contributions, Gifts, Grants & Similar$52,312,977
Total Program Service Revenue$0
Investment income $2,715,781
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,250,572
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $56,296,980

Grants Awarded

Over the last fiscal year, The New Horizons Foundation Inc has awarded $8,686,834 in support to 184 organizations.

Grant RecipientAmount

ACADEMY AT OCEAN REEF INC

PURPOSE: PROGRAM SUPPORT

$7,000

A CHANCE TO CHANGE FOUNDATION

PURPOSE: PROGRAM SUPPORT

$6,000

A PLACE OF RESTORATION

PURPOSE: PROGRAM SUPPORT

$50,000

ACTION INTERNATIONAL MINISTRIES

PURPOSE: PROGRAM SUPPORT

$18,000

ADVOCATE HEALTH CARE CHARITABLE FOUNDATION

PURPOSE: PROGRAM SUPPORT

$10,000

ALL NATIONS INTERNATIONAL INC

PURPOSE: PROGRAM SUPPORT

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Impact Investing Charitable Foundation Inc
Lenexa, KS
$92,847,262
The New Horizons Foundation Inc
Colorado Springs, CO
$56,296,980
Omni Behavioral Health
Omaha, NE
$24,593,407
Five For The Fight Foundation
Provo, UT
$21,239,670
Faith Charitable Trust
Omaha, NE
$922,113
Amg Charitable Gift Foundation
Greenwood Village, CO
$19,197,719
Sun Angel Foundation Inc
Tempe, AZ
$15,086,920
Yeshiva Of Phoenix
Phoenix, AZ
$9,086,407
Delta Dental Plan Of Colorado Foundation Inc
Centennial, CO
-$3,154,825
Thunderbirds Charities
Phoenix, AZ
$8,136,388
Olathe Health System Inc
Olathe, KS
$7,896,915
Cnm Ingenuity Incoproration
Albuquerque, NM
$8,804,257
Pikes Peak Or Bust Rodeo Foundation
Colorado Springs, CO
$4,025,331
Israel Henry Beren Charitable Foundation Inc
Wichita, KS
$2,357,043
American Foundation Of Utah Inc
Phoenix, AZ
-$1,280,458
Colorado Springs Health Foundation
Colorado Springs, CO
$4,509,507
Community Clinics At Mrh
Craig, CO
$5,035,476
Grand Teton National Park Foundation
Moose, WY
$10,610,613
Pi Foundation Inc
Salt Lake City, UT
$12,945,919
Park City Community Foundation
Park City, UT
$7,207,997
The Summit Foundation
Breckenridge, CO
$7,224,766
John And Marcia Price Family Foundation
Salt Lake City, UT
$134,372
Douglas County Educational Foundation
Castle Rock, CO
$5,238,959
Nra Special Contribution Fund Nra Whittington Center
Raton, NM
$4,409,805
The Telios Charitable Trust
Colorado Springs, CO
$520,477

Create an account to unlock the data you need.

or