Civic Intelligence

New Horizon School Irvine

990 • Fiscal year 2017 • EIN 47-4225372

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

1 Truman StIrvine, CA 92620

(949) 552-5411

Siviq Scores

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

Liabilities / Assets

88th percentile

0.78x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.16x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

42nd percentile

0.6%

Higher net margin than 42% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

77th percentile

$122,746

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

59th percentile

8.6%

Faster revenue growth than 59% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$685,088

Down $81,547 (-11%) from 2016

Net Assets

Down

$148,259

Down $11,841 (-7.4%) from 2016

Liabilities

Down

$536,829

Down $69,706 (-11%) from 2016

Revenue

Up

$3,426,047

Up $272,255 (+8.6%) from 2016

Expenses

Up

$3,406,706

Up $178,514 (+5.5%) from 2016

Net Income

Up

$19,341

Up $93,741 (+126%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2016: $766,635Liabilities 2016: $606,535Net Assets 2016: $160,1002016Assets 2017: $685,088Liabilities 2017: $536,829Net Assets 2017: $148,2592017Assets 2018: $811,025Liabilities 2018: $675,967Net Assets 2018: $135,0582018Assets 2019: $969,907Liabilities 2019: $890,959Net Assets 2019: $78,9482019Assets 2020: $1,304,453Liabilities 2020: $1,312,563Net Assets 2020: -$8,1102020Assets 2021: $2,359,133Liabilities 2021: $1,823,830Net Assets 2021: $535,3032021Assets 2022: $3,066,276Liabilities 2022: $1,553,006Net Assets 2022: $1,513,2702022Assets 2023: $4,377,084Liabilities 2023: $1,953,448Net Assets 2023: $2,423,6362023Assets 2024: $2,743,438Liabilities 2024: $2,065,940Net Assets 2024: $677,4982024

Highlighted filing

2017

Assets$685,088
Liabilities$536,829
Net Assets$148,259

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2016: $3,153,792Expenses 2016: $3,228,192Net Income 2016: -$74,4002016Revenue 2017: $3,426,047Expenses 2017: $3,406,706Net Income 2017: $19,3412017Revenue 2018: $3,797,791Expenses 2018: $3,765,578Net Income 2018: $32,2132018Revenue 2019: $5,002,157Expenses 2019: $5,065,604Net Income 2019: -$63,4472019Revenue 2020: $5,659,414Expenses 2020: $5,687,946Net Income 2020: -$28,5322020Revenue 2021: $6,202,507Expenses 2021: $5,665,709Net Income 2021: $536,7982021Revenue 2022: $8,065,706Expenses 2022: $7,087,739Net Income 2022: $977,9672022Revenue 2023: $9,349,142Expenses 2023: $8,481,521Net Income 2023: $867,6212023Revenue 2024: $10,556,088Expenses 2024: $12,398,925Net Income 2024: -$1,842,8372024

Highlighted filing

2017

Revenue$3,426,047
Expenses$3,406,706
Net Income$19,341
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$3,558,525
Mission and Program Overview

Mission

New horizon is committed to providing students with an excellent academic education and firm grounding in moral and ethical values. New horizon fosters a dedication to god through virtuous living in a progressive islamic environment.

New horizon is committed to providing students with an excellent academic education and firm grounding in moral and ethical values.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$130,000$332,400▲ $202,400
Cash and Non-Interest-Bearing Accounts$499,374$220,689▼ $278,685
Land, Buildings, and Equipment, Net$72,823$93,510▲ $20,687
Accounts Receivable$64,438$38,489▼ $25,949
Total Assets$766,635$685,088▼ $81,547
Liabilities
Deferred Revenue$509,493$433,294▼ $76,199
Accounts Payable and Accrued Expenses$97,042$103,535▲ $6,493
Total Liabilities$606,535$536,829▼ $69,706
Net Assets / Fund Balance
Unrestricted Net Assets$160,100$148,259▼ $11,841
Total Net Assets Fund Balance$160,100$148,259▼ $11,841
Total Liabilities and Net Assets / Fund Balance$766,635$685,088▼ $81,547

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$29,857$517,258$547,115
Leasehold Improvements$63,653$58,855$122,508
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dina EletrebyHead of SchoolFT$113,940$8,806$122,746

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Adeel AhmedBookkeeping240 BORREGO, Irvine, CA 92618$115,600
Revenue and Support

Revenue Composition

Contributions and Grants
$390,497
Program Service Revenue
$3,104,052
Investment Income
$2,276
Other Revenue
$-70,778
All Other Contributions
$176,517
Change in Net Assets
$19,341

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 Amount
Other Non Cash Contri Table9$47,377
Total Noncash Contributions9$47,377
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,126,821
Other Expenses$806,341
Grants and Similar Amounts Paid$473,544
Total Fundraising Expense$254,036
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,262,217$336,052$83,385$1,681,654
Grants to Domestic Individuals$473,544--$473,544
Advertising$44,321$44,321$88,642$177,284
Payroll Taxes$117,296$31,279$7,820$156,395
Other Employee Benefits$115,306$29,407$5,790$150,503
Current Officers, Directors, Trustees, and Key Employees$50,531$37,898$37,898$126,327
Fees for Services Accounting$21,890$65,670$21,890$109,450
Occupancy$77,306$19,327-$96,633
Information Technology$64,918$11,456-$76,374
Depreciation Depletion$24,722$6,180-$30,902
Office Expenses$17,700$4,739$4,466$26,905
Insurance$13,281$3,320-$16,601
Conferences and Meetings$6,008$3,605$2,403$12,016
Pension Plan Contributions$9,833$2,109-$11,942
Other Expenses$7,242$1,811-$9,053
Fees for Services Legal$1,742$5,227$1,742$8,711
Total Functional Expenses$2,514,290$638,380$254,036$3,406,706
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$132,478
Fundraising Gross Income$61,700
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$249,836$37,356$23,373$13,983
Eid Carnival$25,844$24,344$3,353$20,991
Total Events$275,680$61,700$132,478$-70,778
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
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The school have one member, islamic center of southern california, a california nonprofit public benefit corporation.

Form 990, Part VI, Section A, Line 7A

The board of directors of the sole corporate member may delegate all, or a portion of, its authority to act on behalf of the sole corporate member to a committee of its board of directors or one or more officers of the sole corporate member. The sole corporate member shall act through its president or such other person as the board of directors of the sole corporate member shall designate.

Form 990, Part VI, Section A, Line 7B

The following activities of new horizon elementary school, irvine shall require the approval and written consent of the sole corporate member: 1) the content and curriculum of all religious programs or courses of study, and each of them. 2) the mission statement of the school, and any changes thereto. 3) the offer of employment, or termination of employment of the head of school.

Form 990, Part VI, Section A, Line 8B

New horizon school irvine does not have a committee with the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The head of school reviews the tax return prior to filing.

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

The board of trustees has a conflict of interest policy that covers all trustees. Trustees of the board are to sign an annual document identifying and notifying the governing board of any possible conflict of interest.

Form 990, Part VI, Section B, Line 15A

Head of school's annual compensation is reviewed by the board of trustees. The board of trustees obtained compensation study from california association of independent schools and an independent consultant. The decision documented in the employment contract.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
New Horizon School Irvine
EIN
47-4225372
Phone
9495525411
Address
1 TRUMAN ST, IRVINE, CA 92620

Signing Officer

Name
Dina Eletreby
Title
Head of School
Phone
9495525411
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dina Eletreby
Formed
2015
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
62
Volunteers
45

Preparer

Firm
Cliftonlarsonallen Llp
Address
301 N LAKE AVE SUITE 900, PASADENA, CA 91101
Preparer
Bared Dilacar
Phone
6267933600
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt047377
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt019327
IRS990/OccupancyGrp/ProgramServicesAmt077306
IRS990/OccupancyGrp/TotalAmt096633
IRS990/OfficeExpensesGrp/FundraisingAmt04466
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04739
IRS990/OfficeExpensesGrp/ProgramServicesAmt017700
IRS990/OfficeExpensesGrp/TotalAmt026905
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05790
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt029407
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0115306
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0150503
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSE
IRS990/OtherExpensesGrp/Desc2OTHER SCHOOL EXP.
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032866
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13113
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21811
IRS990/OtherExpensesGrp/ProgramServicesAmt0193955
IRS990/OtherExpensesGrp/ProgramServicesAmt112478
IRS990/OtherExpensesGrp/ProgramServicesAmt27242
IRS990/OtherExpensesGrp/TotalAmt0226821
IRS990/OtherExpensesGrp/TotalAmt115591
IRS990/OtherExpensesGrp/TotalAmt29053
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt083385
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0336052
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01262217
IRS990/OtherSalariesAndWagesGrp/TotalAmt01681654
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0130000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0332400
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07820
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt031279
IRS990/PayrollTaxesGrp/ProgramServicesAmt0117296
IRS990/PayrollTaxesGrp/TotalAmt0156395
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02109
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt09833
IRS990/PensionPlanContributionsGrp/TotalAmt011942
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DINA ELETREBY
IRS990/PriorPeriodAdjustmentsAmt0-31182
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1PTO AND CLUB INCOME
IRS990/ProgramServiceRevenueGrp/Desc2AUXILIARY SERVICES
IRS990/ProgramServiceRevenueGrp/Desc3OTHER PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02954357
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt153704
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt249728
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt346263
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02954357
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt153704
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt249728
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt346263
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0431252
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0403258
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0733641
IRS990/PYOtherRevenueAmt0-155743
IRS990/PYProgramServiceRevenueAmt02878283
IRS990/PYRevenuesLessExpensesAmt0-74400
IRS990/PYSalariesCompEmpBnftPaidAmt02091293
IRS990/PYTotalExpensesAmt03228192
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03153792
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt019341
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03104052
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt029857
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0517258
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0547115
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt063653
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt058855
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0122508
IRS990ScheduleD/TotalBookValueLandBuildingsAmt093510
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THROUGH COLLECTIVE ADVERTISING OF INDEPENDENT SCHOOLS IN LOCAL NEWSPAPER
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0213980
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0212480
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt01500
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0132478
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt09943
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt028472
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt038415
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0EID CARNIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt038390
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt025197
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt063587
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0249836
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt025844
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0275680
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt037356
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt024344
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt061700
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-70778
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt026726
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt023373
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03353
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03750
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03750
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0473544
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt059
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0A COMMITTEE AT THE SCHOOL REVIEWS THE TUITION ASSISTANCE NEED ANALYSIS FOR EACH STUDENT AND DETERMINES AWARDS BASED ON THE BUDGET AVAILABLE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:

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