New Horizons Developmental Center Inc
- Assets
- $236.9k
- Revenue
- $908.5k
- Investments
- $0.0
- Employees
- 43
- Location
- Carrizozo, NM
- Founding
- 03/1980
- Data as of
- 06/2021
- EIN
- 85-0276563
Organization Overview
New Horizons Developmental Center Inc is located in Carrizozo, NM. The organization was established in 1980. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, New Horizons Developmental Center Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Horizons Developmental Center 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 Developmental Center Inc generated $908.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $953.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NEW HORIZONS DEVELOPMENT CENTER, INC. IS DEDICATED TO THE PRINCIPLE THAT INDIVIDUALS WHO ARE DEVELOPMENTALLY DISABLED ARE ENTITLED TO THE BENEFITS AND PRINCIPLES AFFORDED TO ALL PERSONS. THE SERVICES OFFERED ARE BASED ON INDIVIDUAL NEEDS AND ARE DESIGNED TO ENHANCE AND ASSIST EACH PERSON IN REACHING HIS OR HER FULLEST PSYCHOLOGICAL, SOCIAL, PHYSICAL AND SPIRITUAL POTENTIAL. WITH THIS IN MIND, OUR ULTIMATE GOAL IS TO FOSTER INDEPENDENCE IN THOUGHT AND ACTION. OUR OBJECTIVE IS TO ASSIST THOSE WE SERVE IN MAINTAINING PREVIOUSLY LEARNED SKILLS AND PERSONAL INDEPENDENCE REGARDLESS OF AGE OR DETERIORATING CONDITIONS AS LONG AS POSSIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE VOCATIONAL AND EDUCATIONAL SERVICES, AS WELL AS ROOM AND BOARD TO 19 PEOPLE WITH DEVELOPMENTAL DISABILITIES. MANY OF THOSE SERVED ARE ELDERLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Todd Lindsay President | OfficerTrustee | 2 | $0 |
Susan Gerke Secretary | OfficerTrustee | 2 | $0 |
Jolie Foster Member | OfficerTrustee | 2 | $0 |
Edmund Mcwilliams Member | Trustee | 2 | $0 |
Marcia Mixon Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $6 |
| 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 | $908,488 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $598,838 |
| Pension plan accruals and contributions | $39,459 |
| Other employee benefits | $48,665 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,612 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,336 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,253 |
| Travel | $1,207 |
| 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 | $0 |
| Insurance | $33,193 |
| All other expenses | $0 |
| Total functional expenses | $953,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,845 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,843 |
| 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 | $2,935 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $27,603 |
| Total assets | $236,852 |
| Accounts payable and accrued expenses | $50,959 |
| 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 | $27,603 |
| Total liabilities | $78,562 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $158,290 |