Philanthropy & Grantmaking
(T30)
IRS Verified
DX Registered
990 on File
THE NEW HORIZONS FOUNDATION INC
CharityAI™ Score
Not yet evaluated
Mission Statement
To develop and support creative charitable enterprises that bring lasting change to our world for the better
Financial Overview — FY 2024
$68.7M
Total Revenue
$50.8M
Total Expenses
$116.2M
Net Assets
20
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
95.3%
Fundraising Efficiency
N/A
Operating Reserve
27.45x
Liability-to-Asset
0.1%
Revenue Diversification
73.8%
Executive Compensation
$419K
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $68.7M | $50.8M | $116.2M | 95.3% | 20 |
| 2023 | $51.7M | $49.1M | $97.5M | 95.6% | 17 |
| 2022 | $56.3M | $40.8M | $100.1M | 96.3% | 20 |
| 2021 | $81.2M | $32.7M | N/A | — | 16 |
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