Civic Intelligence

New Horizons Foundation

990 • Fiscal year 2017 • EIN 14-1743515

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 03, 2018

Organization ProfileWWW.NHRNY.ORG
123 West RoadPleasant Valley, NY 12569

(845) 473-3000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

1st percentile

-889%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

99th percentile

$160,232

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 227.3% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

10th percentile

-48%

Faster revenue growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $633,606 (-100%) from 2016

Net Assets

Down

$0

Down $626,055 (-100%) from 2016

Liabilities

Down

$0

Down $7,551 (-100%) from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin1st percentile

Revenue

Down

$70,493

Down $65,617 (-48%) from 2016

Expenses

Up

$697,511

Up $579,298 (+490%) from 2016

Net Income

Down

-$627,018

Down $644,915 (-3603%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2010: $915,060Liabilities 2010: $68,513Net Assets 2010: $846,5472010Assets 2011: $757,525Liabilities 2011: $6,037Net Assets 2011: $751,4882011Assets 2012: $638,959Liabilities 2012: $4,587Net Assets 2012: $634,3722012Assets 2013: $677,564Liabilities 2013: $3,557Net Assets 2013: $674,0072013Assets 2014: $658,869Liabilities 2014: $4,103Net Assets 2014: $654,7662014Assets 2015: $622,643Liabilities 2015: $10,201Net Assets 2015: $612,4422015Assets 2016: $633,606Liabilities 2016: $7,551Net Assets 2016: $626,0552016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0
Open 2017 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $193,7982010Expenses 2011: $220,4982011Expenses 2012: $258,6002012Revenue 2013: $252,758Expenses 2013: $211,663Net Income 2013: $41,0952013Revenue 2014: $100,468Expenses 2014: $119,935Net Income 2014: -$19,4672014Revenue 2015: $86,979Expenses 2015: $127,769Net Income 2015: -$40,7902015Revenue 2016: $136,110Expenses 2016: $118,213Net Income 2016: $17,8972016Revenue 2017: $70,493Expenses 2017: $697,511Net Income 2017: -$627,0182017

Highlighted filing

2017

Revenue$70,493
Expenses$697,511
Net Income-$627,018
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 3, 2018
Return Version
2017v2.2
Gross Receipts
$94,707
Mission and Program Overview

Mission

New Horizons Foundation was organized to raise funds and provide a continual financial source for the benefit of individuals with developmental disabilities by contributing monies and assets to New Horizons Resources, Inc. a related organization.

New horizons foundation was organized to raise funds and provide a continual financial source for the benefit of individuals with developmental disabilities by contributing money and assets to new horizons resources, inc., a related organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$429,758$0▼ $429,758
Cash and Non-Interest-Bearing Accounts$138,177$0▼ $138,177
Investments in Publicly Traded Securities$18,086$0▼ $18,086
Pledges and Grants Receivable$3,571$0▼ $3,571
Prepaid Expenses and Deferred Charges$2,835$0▼ $2,835
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$633,606$0▼ $633,606
Other Assets Total$41,179$0▼ $41,179
Liabilities
Other Liabilities$7,551$0▼ $7,551
Total Liabilities$7,551$0▼ $7,551
Net Assets / Fund Balance
Unrestricted Net Assets$473,015$0▼ $473,015
Temporarily Rstr Net Assets$103,040$0▼ $103,040
Permanently Rstr Net Assets$50,000$0▼ $50,000
Total Net Assets Fund Balance$626,055$0▼ $626,055
Total Liabilities and Net Assets / Fund Balance$633,606$0▼ $633,606
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Samuel LaganaroBoard MemberPT$141,335$18,897$160,232
David McgorryFoundation DirectorPT$70,696$20,927$91,623
Revenue and Support

Revenue Composition

Contributions and Grants
$77,687
Program Service Revenue
$0
Investment Income
$3,744
Other Revenue
$-10,938
All Other Contributions
$34,133
Change in Net Assets
$-627,018

Audited Revenue Reconciliation

Revenue per Audited Statements
$70,493
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$24,214
Total Revenue per Audited Statements
$94,707
Total Revenue per Form 990
$70,493
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$675,076
Other Expenses$22,435
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$629,969--$629,969
Grants to Domestic Individuals$45,107--$45,107
Fees for Services Accounting-$13,867-$13,867
Office Expenses-$4,433-$4,433
Other Expenses-$1,907-$1,907
Fees for Services Legal-$1,397-$1,397
Conferences and Meetings-$831-$831
Total Functional Expenses$675,076$22,435$0$697,511

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$718,056
Expenses per Audited Statements$697,511
Total Expenses per Form 990$697,511
Expenses Not Reported on Form 990$20,545
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New Horizons Resources IncPleasant Valley, NY501(c)(3)Transfer of Remaining Net Assets Upon Dissolution of the Foundation.$472,076
New Horizons Resources IncPleasant Valley, NY501(c)(3)General Operating Support$157,893
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$24,214
Fundraising Gross Income$13,276
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$35,738$9,885$1,351$8,534
Fashion Show$9,664$3,391$617$2,774
Total Events$56,830$13,276$24,214$-10,938
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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, Part VI, Section B, Line 11B

“Form 990 was reviewed by the foundation director and the members of the board of directors before it was filed.”

Form 990, Part VI, Section B, Line 12C

“In accordance with the corporate compliance plan of new horizons resources, inc., a related organization, members of the board of directors of new horizons foundation complete a conflict of interest disclosure statement.”

Form 990, Part VI, Section B, Line 15

“Compensation of the foundation director is approved and paid by new horizons resources, inc, a related organization. For all positions, the organization utilizes salary surveys in determining competitive compensation relative to industry, size of organization, geographic location and function.”

Form 990, Part VI, Section C, Line 19

“Copies of the organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
New Horizons Foundation
EIN
14-1743515
Phone
8454733000
Address
123 WEST ROAD, PLEASANT VALLEY, NY 12569

Signing Officer

Name
David Mcgorry
Title
Foundation Director
Phone
8454733000
Signed
2018-04-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Mcgorry
Formed
1991
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
0
Employees
0
Volunteers
15

Preparer

Firm
Marvin and Company Pc
Address
11 BRITISH AMERICAN BLVD, LATHAM, NY 12110-1405
Preparer
Alan W Clink CPA
Phone
5187850134
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in value - assets held by others 3,669. Uncollectable pledges -2,706.”

FORM 990, PART XII,LINE 2C:

“No change in procedure from prior year.”

Financial Statement Notes

PART X, LINE 2:

“Under accounting standards codification (asc) section 740, the tax status of tax-exempt entities is an uncertain tax position, since events could potentially occur that jeopardize tax exempt status. Management of the foundation is not aware of any events that could jeopardize tax exempt status. Therefore, no liability or provision for income tax has been reflected in the financial statements. The foundation is subject to routine audits by taxing jurisdictions, however, there are no audits for any tax periods in progress.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“FUNDRAISING 24,214.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising 24,214. Change in value - assets held by others -3,669.”

Raw XML AppendixShowing 400 of 487 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UNDER ACCOUNTING STANDARDS CODIFICATION (ASC) SECTION 740, THE TAX STATUS OF TAX-EXEMPT ENTITIES IS AN UNCERTAIN TAX POSITION, SINCE EVENTS COULD POTENTIALLY OCCUR THAT JEOPARDIZE TAX EXEMPT STATUS. MANAGEMENT OF THE FOUNDATION IS NOT AWARE OF ANY EVENTS THAT COULD JEOPARDIZE TAX EXEMPT STATUS. THEREFORE, NO LIABILITY OR PROVISION FOR INCOME TAX HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING 24,214.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING 24,214. CHANGE IN VALUE - ASSETS HELD BY OTHERS -3,669.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0718056
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt043554
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt025853
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt06273
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt011428
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt024214
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FASHION SHOW
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0485
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt03397
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt02933
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt06815
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt035738
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt09664
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt011428
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt056830
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt09885
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt03391
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt013276
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-10938
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt04169
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt04169
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0606
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02574
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01351
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0617
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt010656
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt010656
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt014130
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt130652
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt2325
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0RECREATIONAL OPPORTUNITIES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SUPPLIES, EQUIPMENT AND ACTIVITIES FOR RESPITE AND SUMMER CAMP PARTICIPANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2INDIVIDUAL AND FAMILY ASSISTANCE
IRS990ScheduleI/RecipientTable/CashGrantAmt0157893
IRS990ScheduleI/RecipientTable/CashGrantAmt1472076
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL OPERATING SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TRANSFER OF REMAINING NET ASSETS UPON DISSOLUTION OF THE FOUNDATION.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NEW HORIZONS RESOURCES INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1NEW HORIZONS RESOURCES INC
IRS990ScheduleI/RecipientTable/RecipientEIN0524862107
IRS990ScheduleI/RecipientTable/RecipientEIN1524862107
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0123 WEST ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1123 WEST ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PLEASANT VALLEY
IRS990ScheduleI/RecipientTable/USAddress/CityNm1PLEASANT VALLEY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd012569
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd112569
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0141335
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt018897
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SAMUEL LAGANARO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0160232
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd00
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0REMAINING NET ASSETS OF THE FOUNDATION WERE TRANSFERRED IN CASH.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0NEW HORIZONS RESOURCES INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02017-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0524862107
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0472076
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0123 WEST ROAD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0PLEASANT VALLEY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd012569
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS REVIEWED BY THE FOUNDATION DIRECTOR AND THE MEMBERS OF THE BOARD OF DIRECTORS BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN ACCORDANCE WITH THE CORPORATE COMPLIANCE PLAN OF NEW HORIZONS RESOURCES, INC., A RELATED ORGANIZATION, MEMBERS OF THE BOARD OF DIRECTORS OF NEW HORIZONS FOUNDATION COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION OF THE FOUNDATION DIRECTOR IS APPROVED AND PAID BY NEW HORIZONS RESOURCES, INC, A RELATED ORGANIZATION. FOR ALL POSITIONS, THE ORGANIZATION UTILIZES SALARY SURVEYS IN DETERMINING COMPETITIVE COMPENSATION RELATIVE TO INDUSTRY, SIZE OF ORGANIZATION, GEOGRAPHIC LOCATION AND FUNCTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CHANGE IN VALUE - ASSETS HELD BY OTHERS 3,669. UNCOLLECTABLE PLEDGES -2,706.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CHANGE IN PROCEDURE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII,LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NEW HORIZONS RESOURCES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0524862107
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SERVICES FOR DEVELOPMENTALLY DISABLED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0123 WEST ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PLEASANT VALLEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd012569
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0629969
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NEW HORIZONS RESOURCES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1NEW HORIZONS RESOURCES INC- INCLUDED IN B ABOVE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2NEW HORIZONS RESOURCES INC- DID NOT EXCEED 50000
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3NEW HORIZONS RESOURCES INC- DID NOT EXCEED 50000
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt4NEW HORIZONS RESOURCES INC- DID NOT EXCEED 50000
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1L
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt4P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$70,493
Expenses
$697,511
Net income
-$627,018
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.70$6.98$6.27
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.34$0.08$6.26$1.36$1.18$0.18
2015Summary only. Only limited summary data is available for this year.$6.23$0.10$6.12$0.87$1.28$0.41
2014Detailed filing. Detailed filing data is available for this year.$6.59$0.04$6.55$1.00$1.20$0.19
2013Detailed filing. Detailed filing data is available for this year.$6.78$0.04$6.74$2.53$2.12$0.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.39$0.05$6.34$2.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.58$0.06$7.51$2.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.15$0.69$8.47$1.94