Civic Intelligence

Centro Nuevos Horizontes Inc.

990 • Fiscal year 2021 • EIN 66-0445431

May 01, 2020 to Apr 30, 2021 • Filed on Dec 18, 2021

Urb Altura DE Flamboyan N16 Calle 2Bayamon, PR 00959-0000

(787) 269-1567

Siviq Scores

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

Liabilities / Assets

79th percentile

0.15x

Higher debt load relative to assets than 79% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

87th percentile

0.33x

Higher debt load relative to revenue than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

12th percentile

-45%

Higher net margin than 12% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

30th percentile

-5.9%

Faster asset growth than 30% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

26th percentile

-29%

Faster revenue growth than 26% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Flat

$285,372

Flat from 2021

Net Assets

Flat

$243,813

Flat from 2021

Liabilities

Flat

$41,559

Flat from 2021

Revenue

Flat

$126,790

Flat from 2021

Expenses

Flat

$184,059

Flat from 2021

Net Income

Flat

-$57,269

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $418,796Liabilities 2012: $5,072Net Assets 2012: $413,7242012Assets 2013: $429,209Liabilities 2013: $5,313Net Assets 2013: $423,8962013Assets 2014: $387,916Liabilities 2014: $4,828Net Assets 2014: $383,0882014Assets 2015: $385,194Liabilities 2015: $3,209Net Assets 2015: $381,9852015Assets 2016: $374,492Liabilities 2016: $2,575Net Assets 2016: $371,9172016Assets 2017: $369,701Liabilities 2017: $306Net Assets 2017: $369,3952017Assets 2018: $373,403Liabilities 2018: $2,577Net Assets 2018: $370,8262018Assets 2019: $377,772Liabilities 2019: $9,156Net Assets 2019: $368,6162019Assets 2020: $303,378Liabilities 2020: $2,296Net Assets 2020: $301,0822020Assets 2021: $285,372Liabilities 2021: $41,559Net Assets 2021: $243,8132021Assets 2021: $285,372Liabilities 2021: $41,559Net Assets 2021: $243,8132021Assets 2022: $186,867Liabilities 2022: $2,027Net Assets 2022: $184,8402022Assets 2023: $289,125Liabilities 2023: $165,908Net Assets 2023: $123,2172023Assets 2024: $204,088Liabilities 2024: $78,543Net Assets 2024: $125,5452024Assets 2025: $144,188Liabilities 2025: $7,245Net Assets 2025: $136,9432025

Highlighted filing

2021

Assets$285,372
Liabilities$41,559
Net Assets$243,813

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $416,220Expenses 2012: $381,502Net Income 2012: $34,7182012Revenue 2013: $421,117Expenses 2013: $410,945Net Income 2013: $10,1722013Revenue 2014: $311,541Expenses 2014: $352,349Net Income 2014: -$40,8082014Revenue 2015: $285,229Expenses 2015: $286,332Net Income 2015: -$1,1032015Revenue 2016: $305,175Expenses 2016: $315,243Net Income 2016: -$10,0682016Revenue 2017: $292,977Expenses 2017: $252,299Net Income 2017: $40,6782017Revenue 2018: $282,368Expenses 2018: $280,937Net Income 2018: $1,4312018Revenue 2019: $311,327Expenses 2019: $292,737Net Income 2019: $18,5902019Revenue 2020: $177,363Expenses 2020: $244,897Net Income 2020: -$67,5342020Revenue 2021: $126,790Expenses 2021: $184,059Net Income 2021: -$57,2692021Revenue 2021: $126,790Expenses 2021: $184,059Net Income 2021: -$57,2692021Revenue 2022: $118,923Expenses 2022: $177,896Net Income 2022: -$58,9732022Revenue 2023: $141,470Expenses 2023: $203,093Net Income 2023: -$61,6232023Revenue 2024: $141,470Expenses 2024: $193,863Net Income 2024: -$52,3932024Revenue 2025: $166,228Expenses 2025: $154,830Net Income 2025: $11,3982025

Highlighted filing

2021

Revenue$126,790
Expenses$184,059
Net Income-$57,269
Jump To
Filing Snapshot
Filing Period
May 1, 2020 to Apr 30, 2021
Signed
Dec 18, 2021
Return Version
2020v4.0
Gross Receipts
$126,790
Mission and Program Overview

Mission

The organization was created to provide functional academic and vocational skills and supported employment services to young and adult participants with the most severe disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$262,482$275,481▲ $12,999
Land, Buildings, and Equipment, Net$10,396$8,991▼ $1,405
Accounts Receivable$30,500$900▼ $29,600
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$303,378$285,372▼ $18,006
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,296$41,559▲ $39,263
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,296$41,559▲ $39,263
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$301,082$243,813▼ $57,269
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$301,082$243,813▼ $57,269
Total Liabilities and Net Assets / Fund Balance$303,378$285,372▼ $18,006

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,991$38,012-
Leasehold Improvements-$10,238-
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$126,308
Program Service Revenue
$0
Investment Income
$482
Other Revenue
$0
All Other Contributions
$55,777
Change in Net Assets
$-57,269

Audited Revenue Reconciliation

Revenue per Audited Statements
$126,790
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$126,790
Total Revenue per Form 990
$126,790
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$127,997
Other Expenses$56,062
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Employee Benefits$98,800$19,500$0$118,300
Fees for Services Management$5,265$5,265$0$10,530
Payroll Taxes$8,099$1,598$0$9,697
All Other Expenses$6,249$1,262$0$7,511
Insurance$4,191$1,257$0$5,448
Depreciation Depletion$1,099$2,163$0$3,262
Other Expenses$1,944$648$0$2,592
Office Expenses$802$268$0$1,070
Total Functional Expenses$146,994$37,065$0$184,059

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$184,059
Total Expenses per Audited Statements$184,059
Total Expenses per Form 990$184,059
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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

Part VI, Line 11A

The description for the process your organization used to review.

Part VI, Line 12C

The process your organization used to monitor and enforce compliance with the policy

Filing and Contact Details

Filer

Filer Name
Centro Nuevos Horizontes Inc
EIN
66-0445431
In Care Of
% HILDA ROSA KAIRUZ
Phone
7872691567
Address
URB ALTURA DE FLAMBOYAN N16 CALLE 2, BAYAMON, PR 00959-0000

Signing Officer

Name
Hilda Rosa Kairuz
Title
Ejecutive Director
Signed
2021-12-18
Discuss with paid preparer
No

Organization Details

Formed
1987
Legal Domicile
Pr
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Carlos Nieves
Address
PO BOX 1556, BAYAMON, PR 00960
Preparer
Carlos Nieves
Phone
7877404642
Supplemental Narrative

Additional Explanations

Item B - Amended Return

CORRECTIONS

Raw XML AppendixShowing 400 of 649 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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IRS990/InsuranceGrp/ManagementAndGeneralAmt01257
IRS990/InsuranceGrp/ProgramServicesAmt04191
IRS990/InsuranceGrp/TotalAmt05448
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0482
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt048250
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010396
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08991
IRS990/LandBldgEquipCostOrOtherBssAmt057241
IRS990/LegalDomicileStateCd0PR
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0The organization was created to provide functional academic and vocational skills and supported employment services to young and adult participants with the most severe disabilities.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0301082
IRS990/NetAssetsOrFundBalancesEOYAmt0243813
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0301082
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0243813
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0268
IRS990/OfficeExpensesGrp/ProgramServicesAmt0802
IRS990/OfficeExpensesGrp/TotalAmt01070
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019500
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt098800
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0118300
IRS990/OtherExpensesGrp/Desc0RENT
IRS990/OtherExpensesGrp/Desc1UTILITIES AND TELEPHONE
IRS990/OtherExpensesGrp/Desc2AUTO EXPENSE
IRS990/OtherExpensesGrp/Desc3REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1604
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3648
IRS990/OtherExpensesGrp/ProgramServicesAmt013500
IRS990/OtherExpensesGrp/ProgramServicesAmt13177
IRS990/OtherExpensesGrp/ProgramServicesAmt23868
IRS990/OtherExpensesGrp/ProgramServicesAmt31944
IRS990/OtherExpensesGrp/TotalAmt018000
IRS990/OtherExpensesGrp/TotalAmt13781
IRS990/OtherExpensesGrp/TotalAmt23868
IRS990/OtherExpensesGrp/TotalAmt32592
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt10
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt20
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01598
IRS990/PayrollTaxesGrp/ProgramServicesAmt08099
IRS990/PayrollTaxesGrp/TotalAmt09697
IRS990/PensionPlanContributionsGrp/FundraisingAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.07$1.37$1.66$1.55$0.11
2024Detailed filing. Detailed filing data is available for this year.$2.04$0.79$1.26$1.41$1.94$0.52
2023Detailed filing. Detailed filing data is available for this year.$2.89$1.66$1.23$1.41$2.03$0.62
2022Detailed filing. Detailed filing data is available for this year.$1.87$0.02$1.85$1.19$1.78$0.59
2021Detailed filing. Detailed filing data is available for this year.$2.85$0.42$2.44$1.27$1.84$0.57
2021Detailed filing. Detailed filing data is available for this year.$2.85$0.42$2.44$1.27$1.84$0.57
2020Summary only. Only limited summary data is available for this year.$3.03$0.02$3.01$1.77$2.45$0.68
2019Summary only. Only limited summary data is available for this year.$3.78$0.09$3.69$3.11$2.93$0.19
2018Summary only. Only limited summary data is available for this year.$3.73$0.03$3.71$2.82$2.81$0.01
2017Summary only. Only limited summary data is available for this year.$3.70$0.00$3.69$2.93$2.52$0.41
2016Summary only. Only limited summary data is available for this year.$3.74$0.03$3.72$3.05$3.15$0.10
2015Summary only. Only limited summary data is available for this year.$3.85$0.03$3.82$2.85$2.86$0.01
2014Summary only. Only limited summary data is available for this year.$3.88$0.05$3.83$3.12$3.52$0.41
2013Summary only. Only limited summary data is available for this year.$4.29$0.05$4.24$4.21$4.11$0.10
2012Summary only. Only limited summary data is available for this year.$4.19$0.05$4.14$4.16$3.82$0.35