New Horizons Ministries
- Assets
- $4.6m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 45
- Location
- Seattle, WA
- Founding
- 05/1984
- Data as of
- 06/2021
- EIN
- 91-1250114
Organization Overview
New Horizons Ministries is located in Seattle, WA. The organization was established in 1984. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, New Horizons Ministries employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Horizons Ministries 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 Ministries generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $2.4m during the year ending 06/2021. While expenses have increased by 10.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FACILITATE OUTREACH TO HOMELESS YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW HORIZONS IS A NON-PROFIT SERVING YOUTH EXPERIENCING HOMELESSNESS IN SEATTLE, WASHINGTON. NEW HORIZONS SUPPORTS YOUTH THROUGH: 1) MEETING THE BASIC NEEDS OF YOUTH WITH FOOD, CLOTHING, HYGIENE, REST AND BEHAVIORAL HEALTH SUPPORT 2) PROVIDES ENHANCED SHELTER 3) CASE MANAGEMENT 4) HOUSING NAVIGATION AND 5) EMPLOYMENT SERVICES. NEW HORIZONS PROVIDES WRAPAROUND SUPPORT TO MORE THAN 500 YOUTH EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Stewart Executive Director | Officer | 40 | $110,000 |
Dean Kato President | OfficerTrustee | 2 | $0 |
Tino Quiroga Vice President | OfficerTrustee | 1 | $0 |
Tamara Long Secretary | OfficerTrustee | 2 | $0 |
Diane Stokke Treasurer | OfficerTrustee | 2 | $0 |
Ference Feher Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $288 |
| Membership dues | $0 |
| Fundraising events | $118,864 |
| Related organizations | $0 |
| Government grants | $256,333 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,446,183 |
| Noncash contributions included in lines 1a–1f | $41,158 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,821,668 |
| Total Program Service Revenue | $1,226,628 |
| Investment income | $236 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$8,611 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,054,828 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,636 |
| Grants and other assistance to domestic individuals. | $286,600 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,644 |
| Compensation of current officers, directors, key employees. | $22,129 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,165,268 |
| Pension plan accruals and contributions | $11,168 |
| Other employee benefits | $97,250 |
| Payroll taxes | $112,562 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $109,062 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,944 |
| Advertising and promotion | $9,610 |
| Office expenses | $64,361 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $107,525 |
| Travel | $30,506 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,605 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,661 |
| Insurance | $19,658 |
| All other expenses | $13,460 |
| Total functional expenses | $2,383,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,261,005 |
| Savings and temporary cash investments | $179,401 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $182,467 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,000 |
| Prepaid expenses and deferred charges | $9,689 |
| Net Land, buildings, and equipment | $1,975,062 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $4,620,624 |
| Accounts payable and accrued expenses | $144,928 |
| 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 | $144,928 |
| Net assets without donor restrictions | $4,446,196 |
| Net assets with donor restrictions | $29,500 |
| 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 | $4,620,624 |
Grants Recieved
Over the last fiscal year, we have identified 19 grants that New Horizons Ministries has recieved totaling $665,950.
| Awarding Organization | Amount |
|---|---|
Anderson Family Foundation Anacortes, WA PURPOSE: TO ADDRESS THE NEEDS OF YOUTHS LIVING ON THE STREETS. | $225,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $116,923 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $105,250 |
Biella Foundation Bothell, WA PURPOSE: TARGETED GROUPS SERVICES | $30,000 |
Biella Foundation Bothell, WA PURPOSE: TARGETED GROUPS SERVICES | $30,000 |
Liberty Mutual Foundation Inc Boston, MA PURPOSE: OPERATING SUPPORT | $28,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marys Place Seattle Seattle, WA | $63,713,105 | $33,158,940 |
Everett Gospel Mission Everett, WA | $5,858,080 | $7,694,263 |
The Sophia Way Bellevue, WA | $3,499,952 | $4,350,779 |
Astegos Inc Boise, ID | $571,721 | $3,088,383 |
Charitable Assistance To Communitys Homeless Boise, ID | $1,695,336 | $3,159,939 |
New Horizons Ministries Seattle, WA | $4,620,624 | $4,054,828 |
Lake City Partners Ending Homelessness Seattle, WA | $586,453 | $2,145,347 |
Bread Of Life Mission Seattle, WA | $3,239,496 | $2,488,618 |
Anchorage Coalition To End Homelessness Anchorage, AK | $1,404,215 | $2,107,140 |
Fusion-Friends United To Shelter The Indigent Oppressed And Needy Federal Way, WA | $9,970,775 | $1,790,921 |
Unity Shelter Corvallis, OR | $1,887,052 | $2,192,658 |
Family Promise Of Tualatin Valley Tualatin, OR | $936,046 | $1,540,344 |