Civic Intelligence

New Horizons of Southwest Florida

EIN 11-3678086 • 501(c)3 • Naples, FL

Profile

New horizons of swfl empowers at-risk youth to reach their full potential through tutoring, mentoring and faith building programs.

PO Box 111833Naples, FL 34108

www.newhorizonsofswfl.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.10x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.08x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

55th percentile

6.9%

Higher net margin than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

68th percentile

$103,576

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

75th percentile

16%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

9.8%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,535,482

Up $357,636 (+16%) from 2023

Liabilities

Down

$261,774

Down $31,241 (-11%) from 2023

Net Assets

Up

$2,273,708

Up $388,877 (+21%) from 2023

Revenue

Up

$3,183,565

Up $285,004 (+9.8%) from 2023

Expenses

Up

$2,963,792

Up $118,378 (+4.2%) from 2023

Net Income

Up

$219,773

Up $166,626 (+314%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $117,342Liabilities 2011: $1,746Net Assets 2011: $115,5962011Assets 2012: $183,645Liabilities 2012: $0Net Assets 2012: $183,6452012Assets 2013: $360,294Liabilities 2013: $1,187Net Assets 2013: $359,1072013Assets 2014: $374,947Liabilities 2014: $2,083Net Assets 2014: $372,8642014Assets 2015: $503,590Liabilities 2015: $2,311Net Assets 2015: $501,2792015Assets 2016: $562,063Liabilities 2016: $39,631Net Assets 2016: $522,4322016Assets 2017: $803,534Liabilities 2017: $46,791Net Assets 2017: $756,7432017Assets 2018: $962,007Liabilities 2018: $61,150Net Assets 2018: $900,8572018Assets 2019: $1,281,124Liabilities 2019: $84,140Net Assets 2019: $1,196,9842019Assets 2020: $1,918,104Liabilities 2020: $531,506Net Assets 2020: $1,386,5982020Assets 2021: $2,133,742Liabilities 2021: $570,429Net Assets 2021: $1,563,3132021Assets 2022: $2,002,661Liabilities 2022: $235,653Net Assets 2022: $1,767,0082022Assets 2023: $2,177,846Liabilities 2023: $293,015Net Assets 2023: $1,884,8312023Assets 2024: $2,535,482Liabilities 2024: $261,774Net Assets 2024: $2,273,7082024

Highlighted filing

2024

Assets$2,535,482
Liabilities$261,774
Net Assets$2,273,708

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $333,758Expenses 2011: $373,055Net Income 2011: -$39,2972011Revenue 2012: $453,487Expenses 2012: $385,592Net Income 2012: $67,8952012Revenue 2013: $625,882Expenses 2013: $450,421Net Income 2013: $175,4612013Revenue 2014: $659,176Expenses 2014: $650,421Net Income 2014: $8,7552014Revenue 2015: $1,119,386Expenses 2015: $990,961Net Income 2015: $128,4252015Revenue 2016: $1,286,406Expenses 2016: $1,281,125Net Income 2016: $5,2812016Revenue 2017: $1,616,456Expenses 2017: $1,418,167Net Income 2017: $198,2892017Revenue 2018: $1,777,436Expenses 2018: $1,633,831Net Income 2018: $143,6052018Revenue 2019: $2,629,997Expenses 2019: $2,254,298Net Income 2019: $375,6992019Revenue 2020: $2,786,812Expenses 2020: $2,636,998Net Income 2020: $149,8142020Revenue 2021: $2,786,786Expenses 2021: $2,780,628Net Income 2021: $6,1582021Revenue 2022: $3,538,061Expenses 2022: $3,064,104Net Income 2022: $473,9572022Revenue 2023: $2,898,561Expenses 2023: $2,845,414Net Income 2023: $53,1472023Revenue 2024: $3,183,565Expenses 2024: $2,963,792Net Income 2024: $219,7732024

Highlighted filing

2024

Revenue$3,183,565
Expenses$2,963,792
Net Income$219,773

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.54$0.26$2.27$3.18$2.96$0.22
2023Detailed filing. Detailed filing data is available for this year.$2.18$0.29$1.88$2.90$2.85$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.24$1.77$3.54$3.06$0.47
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$0.57$1.56$2.79$2.78$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.53$1.39$2.79$2.64$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.08$1.20$2.63$2.25$0.38
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.06$0.90$1.78$1.63$0.14
2017Detailed filing. Detailed filing data is available for this year.$0.80$0.05$0.76$1.62$1.42$0.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.04$0.52$1.29$1.28$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.00$0.50$1.12$0.99$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.66$0.65$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.00$0.36$0.63$0.45$0.18
2012Summary only. Only limited summary data is available for this year.$0.18$0.00$0.18$0.45$0.39$0.07
2011Summary only. Only limited summary data is available for this year.$0.12$0.00$0.12$0.33$0.37$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Dec 16, 2024
Return Version
2023v6.0
Gross Receipts
$3,324,557
Mission and Program Overview

Mission

New horizons of swfl empowers at-risk youth to reach their full potential through tutoring, mentoring and faith building programs.

New horizons of swfl empowers at-risk children and teens who are growing up in an environment of poverty, academic failure, and hopelessness. From its humble beginnings with 20 children in 2002, new horizons currently reaches 600 children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$162,483$351,300▲ $188,817
Land, Buildings, and Equipment, Net$229,579$234,714▲ $5,135
Cash and Non-Interest-Bearing Accounts$191,983$108,229▼ $83,754
Prepaid Expenses and Deferred Charges$76,518$78,926▲ $2,408
Pledges and Grants Receivable-$5,000-
Total Assets$2,177,846$2,535,482▲ $357,636
Other Assets Total$1,517,283$1,757,313▲ $240,030
Liabilities
Mortgage Notes Payable Secured by Investment Property$257,221$191,076▼ $66,145
Accounts Payable and Accrued Expenses$35,794$65,698▲ $29,904
Deferred Revenue-$5,000-
Total Liabilities$293,015$261,774▼ $31,241
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,853,993$2,239,087▲ $385,094
Net Assets With Donor Restrictions$30,838$34,621▲ $3,783
Total Net Assets Fund Balance$1,884,831$2,273,708▲ $388,877
Total Liabilities and Net Assets / Fund Balance$2,177,846$2,535,482▲ $357,636

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$227,221$271,546$498,767
Equipment$7,493$315,536$323,029
Leasehold Improvements-$2,062$2,062
Other Assets Org$1,757,313--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,499,733-▲ $246,377-$1,737,303
2022$1,380,521-▲ $117,018-$1,499,733
2021$1,350,870$251,700▼ $214,351-$1,380,521
2020$833,090$332,500▲ $192,202-$1,350,870
2019$383,285$352,500▲ $101,498-$833,090
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda M Cunning PhdCEOFT$93,776$9,800$103,576

Board Members and Trustees

NameTitle
Edith HuntChair
Deborah PorterDirector
Ellen NicholsDirector
Judy DoveDirector
Pat CauleyDirector
Rev Brent WhitefieldDirector
Robert NicholsDirector
Terri PillaDirector
Terri AlseptSecretary
James YostTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,161,242
Program Service Revenue
$0
Investment Income
$80,083
Other Revenue
$-57,760
All Other Contributions
$2,541,722
Change in Net Assets
$219,773

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table517$97,706Fair Market Value (FMV)
Other Non Cash Contri Table114$44,535Fair Market Value (FMV)
Other Non Cash Contri Table1$12,500Fair Market Value (FMV)
Other Non Cash Contri Table517$11,925Fair Market Value (FMV)
Total Noncash Contributions1,149$166,666-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,178,510
Revenue Not Reported on Financial Statements
$5,055
Revenue Not Reported on Form 990
$643,471
Total Revenue per Audited Statements
$3,821,981
Total Revenue per Form 990
$3,183,565
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,105,919
Other Expenses$857,873
Total Fundraising Expense$235,244
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,377,165$144,187$175,062$1,696,414
Other Employee Benefits$125,588$40,432$7,247$173,267
Payroll Taxes$111,839$11,032$13,367$136,238
Travel$110,940$6,379-$117,319
Occupancy$101,754$7,214-$108,968
Current Officers, Directors, Trustees, and Key Employees$81,181$8,500$10,319$100,000
Insurance$85,408$9,175$5,390$99,973
Fees for Services Other$33,583$51,853-$85,436
Depreciation Depletion$71,105--$71,105
Office Expenses$28,004$25,296$4,434$57,734
All Other Expenses$35,555-$14,901$50,456
Information Technology$41,194$2,777$100$44,071
Conferences and Meetings$18,617$13,724$-383$31,958
Other Expenses$17,474$265$2,113$19,852
Fees for Service Investment Mgmnt Fees-$8,907-$8,907
Advertising--$2,397$2,397
Total Functional Expenses$2,397,017$331,531$235,244$2,963,792

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,433,104
Total Expenses per Form 990$2,963,792
Expenses per Audited Statements$2,958,737
Expenses Not Reported on Form 990$474,367
Expenses Not Reported on Financial Statements$5,055
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$140,032
Fundraising Gross Income$79,735
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$295,448$46,450$41,492$4,958
Golf$58,698$14,805$8,975$5,830
Total Events$382,294$79,735$140,032$-60,297
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Robert nichols ellen nichols director director husband and wife

Form 990, Page 6, Part VI, Line 11B

The organization provides a copy of the form 990 to each member of the governing body for their review. The form 990 is reviewed extensively by the board, treasurer and staff and is finalized and filed after approval of the entire board.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest policy is reviewed annually and signed by each board member.

Form 990, Page 6, Part VI, Line 15A

Board of directors reviewed salary and made industry comparison in setting program director's annual salary.

Form 990, Page 6, Part VI, Line 15B

Board of directors reviewed salary and made industry comparison in setting program director's annual salary.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents and conflict of interest policy are available upon request. The financial statements are available on the organization's website.

Filing and Contact Details

Filer

Filer Name
New Horizons of Southwest Florida
EIN
11-3678086
Phone
2399484146
Address
PO BOX 111833, NAPLES, FL 34108

Signing Officer

Name
Linda M Cunning Phd
Title
CEO
Phone
2399484146
Signed
2024-12-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda M Cunning Phd
Formed
2002
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
12
Employees
116
Volunteers
325

Preparer

Firm
Stroemer & Company
Address
14030 METROPOLIS AVE STE 200, FORT MYERS, FL 33912
Preparer
Marc Whitfield CPA
Phone
2394331002
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers put in 10500 hours of service.

Form 990, Part XI, Line 9

Fundraising expenses 60,297 book/tax disposal of asset difference 960 fundraising expenses -60,297 auction items -37,875 total -36,915

Financial Statement Notes

Schedule D, Page 3, Part X

The internal revenue service has determined that the organization is exempt from federal income taxes under section 501(c)3 of the internal revenue code. The organization is a not-for-profit florida corporation and therefore is not subject to state income tax taxes. The internal revenue code provides for taxation of unrelated business income under certain circumstances. The organization reports no unrelated business taxable income, however, such status is subject to final determination upon examination of the related tax returns by the appropriate taxing authorities. The organization's tax filings are subject to audit by various taxing authorities. Certain income tax returns filed by the organization remain open to examination by these government agencies. The financial accounting standards board has issued guidance on accounting for uncertainty in income taxes and the organization adopted this guidance. The organization has evaluated its tax positions and any estimates utilized in its tax returns, and concluded that the organization has taken no uncertain tax positions that require adjustments to the financial statements to comply with the provision of this guidance.

Schedule D, Page 4, Part XI, Line 2D

Fundraising expenses 60,297 book/tax disposal of asset difference 960

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 60,297 auction items 37,875

Raw XML AppendixShowing 400 of 606 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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