New Horizons Serving Individuals With Special Needs
- Assets
- $20.1m
- Revenue
- $17.0m
- Investments
- $0.0
- Employees
- 172
- Location
- North Hills, CA
- Founding
- 04/1957
- Data as of
- 06/2022
- EIN
- 95-1862084
Organization Overview
New Horizons Serving Individuals With Special Needs is located in North Hills, CA. The organization was established in 1957. 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 06/2022, New Horizons Serving Individuals With Special Needs employed 172 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Horizons Serving Individuals With Special Needs 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 06/2022, New Horizons Serving Individuals With Special Needs generated $17.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $14.1m during the year ending 06/2022. While expenses have increased by 0.7% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SERVING INDIVIDUALS WITH SPECIAL NEEDS EMPOWERS INDIVIDUALS TO REACH THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW HORIZONS OPERATES THE FOLLOWING SERVICES:1. NEW HORIZONS OPERATES 13 RESIDENTIAL HOMES LOCATED THROUGHOUT THE SAN FERNANDO VALLEY AREA OF LOS ANGELES. HOMES VARY IN TERMS OF THE STRUCTURE, DESIGN AND LEVEL OF CARE, BUT EACH IS DEDICATED TO ASSISTING OUR MEMBERS LIVE FULL AND FULFILLING LIVES.2. NEW HORIZONS (NH) ALSO PROVIDES COMMUNITY LIVING SUPPORT SERVICES, FOCUSING ON ASSISTING INDIVIDUALS TO LIVE THEIR BEST LIVES AS ACTIVE PARTICIPANTS IN THEIR COMMUNITIES. NH ALSO OFFERS A SPECIALTY SERVICE TO INDIVIDUALS WHO ARE HOUSE-BOUND TO ENRICH THEIR LIFE EXPERIENCES.3. NEW HORIZONS PROVIDES A FULL ARRAY OF EMPLOYMENT TRAINING AND PLACEMENT SERVICES, FROM VOLUNTEERING, TO PAID INTERNSHIPS, TO SUPPORTED EMPLOYMENT (GROUP AND INDIVIDUAL) TO DIRECT (SEE SCHEDULE O) PLACEMENT SERVICES. ANNUALLY, NEW HORIZONS SERVES OVER 400 MEMBERS IN ONE OR MORE OF THESE SERVICES.4. NH OFFERS A ROBUST COMMUNITY LEARNING CENTER WITH IN-PERSON AND VIRTUAL LEARNING OPTIONS. THIS INCLUDES COMMUNITY-BASED ACTIVITIES AND SPECIALTY CURRICULUM IN TECHNOLOGY, MEDIA ARTS, AND OTHER AREAS OF INTEREST TO THE MEMBERS.5. IN ADDITION, NH HAS A NUMBER OF SPECIALTY PROGRAMS, DESIGNED TO SUPPORT GROWTH, TRAINING AND INDEPENDENCE. THESE PROGRAMS INCLUDE OUR GO4GROCERY PROGRAM, A COLLEGE TO CAREER & MORE ENDEAVOR, AND OUR YOUTH NAVIGATION PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Miles Chair | OfficerTrustee | 5 | $0 |
Glenn Baker Vice Chair | OfficerTrustee | 5 | $0 |
Stuart Jaffe Treasurer | OfficerTrustee | 5 | $0 |
Greg Buesing Secretary | OfficerTrustee | 5 | $0 |
Ron Burkhardt Member At Large | Trustee | 5 | $0 |
Nathan B Adlen Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $353,845 |
| Related organizations | $0 |
| Government grants | $14,600,708 |
| All other contributions, gifts, grants, and similar amounts not included above | $419,210 |
| Noncash contributions included in lines 1a–1f | $62,325 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,373,763 |
| Total Program Service Revenue | $443,909 |
| Investment income | $85,693 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $245,074 |
| Net Gain/Loss on Asset Sales | $5,912 |
| Net Income from Fundraising Events | -$146,890 |
| Net Income from Gaming Activities | $13,547 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,977,847 |
| 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. | $652,780 |
| Compensation of current officers, directors, key employees. | $70,328 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,603,350 |
| Pension plan accruals and contributions | $40,660 |
| Other employee benefits | $452,830 |
| Payroll taxes | $709,047 |
| Fees for services: Management | $14,673 |
| Fees for services: Legal | $31,928 |
| Fees for services: Accounting | $59,102 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,944 |
| Fees for services: Other | $344,641 |
| Advertising and promotion | $0 |
| Office expenses | $404,698 |
| Information technology | $57,819 |
| Royalties | $0 |
| Occupancy | $202,191 |
| 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 | $327,023 |
| Insurance | $597,164 |
| All other expenses | $282,590 |
| Total functional expenses | $14,081,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,276,244 |
| Savings and temporary cash investments | $1,607,234 |
| Pledges and grants receivable | $200,000 |
| Accounts receivable, net | $1,659,507 |
| 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 | $254,208 |
| Net Land, buildings, and equipment | $2,863,093 |
| Investments—publicly traded securities | $8,372,942 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,828,631 |
| Total assets | $20,061,859 |
| Accounts payable and accrued expenses | $1,551,095 |
| Grants payable | $0 |
| Deferred revenue | $82,050 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $29,247 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $15,762 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $856,141 |
| Total liabilities | $2,534,295 |
| Net assets without donor restrictions | $13,304,414 |
| Net assets with donor restrictions | $4,223,150 |
| 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 | $20,061,859 |