NEW HORIZONS REHABILITATION INC

EIN: 351169221 501(c)(3)

BATESVILLE, IN

Total Revenue
$9,084,637
Total Expenses
$8,964,684
Total Assets
$8,354,870
Net Assets
$7,436,396
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
IN
Principal Officer
JIMMY RYAN
Phone
8129344528
Tax Period
2024-07-01 to 2025-06-30

NEW HORIZONS REHABILITATION INC, founded in 1968, is a community nonprofit that reported $9.1M in total revenue in fiscal year 2024.

Mission

THE MISSION OF NEW HORIZONS IS TO CREATIVELY WORK WITH INDIVIDUALS WITH DISABILITIES TO DISCOVER, PURSUE AND ACHIEVE THEIR FULLEST POTENTIAL IN PARTNERSHIP WITH THEIR FAMILY AND COMMUNITY. THE MOST SIGNIFICANT ACTIVITIES INCLUDE DAY SERVICES, VOCATIONAL SERVICES, HABILITATION PROGRAMS, PROGRAMS FOR MULTI-SENSORY, RESIDENTIAL SUPPORT, SUPPORTED EMPLOYMENT PLACEMENT AND FOLLOW-ALONG, AND TRANSPORTATION FOR ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $383,849
Program Service Revenue $8,344,831
Investment Income $224,462
Other Revenue $131,495
TOTAL REVENUE $9,084,637

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,435,588
Fundraising Expenses $100,416
Program Expenses $7,086,773
Other Expenses $1,529,096
TOTAL EXPENSES $8,964,684

Year-over-Year Comparison

2024 2023 Change
Revenue $9,084,637 $9,360,216 0.0%
Expenses $8,964,684 $8,456,929 +0.1%
Net Income $119,953 $903,287 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
344
Volunteers
9

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$105,839
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK DUNEVANT PRESIDENT 1.00
Officer Director
$0 $0 $0
LORI HOLT VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BRENDA SCHWERING SECRETARY 1.00
Officer Director
$0 $0 $0
JAMIE ANDERSON TREASURER 1.00
Officer Director
$0 $0 $0
DANIEL GUTAPFEL MEMBER 1.00
Director
$0 $0 $0
ED FRIEDHOFF MEMBER 1.00
Director
$0 $0 $0
TISH STEIGLER MEMBER 1.00
Director
$0 $0 $0
MATT MOORE MEMBER 1.00
Director
$0 $0 $0
JODY FLEDDERMAN MEMBER 1.00
Director
$0 $0 $0
BRIAN HARPRING MEMBER PARTIAL TERM 1.00
Director
$0 $0 $0
JIMMY RYAN EXECUTIVE DIRECTOR 40.00
Officer
$101,768 $4,071 $105,839
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,084,637 $8,964,684 $8,354,870 $119,953
2024 $9,360,216 $8,456,929 $8,282,110 $903,287
2023 $8,762,744 $8,680,971 $6,800,876 $81,773
2022 $7,575,147 $7,689,306 $6,754,844 $-114,159
2021 $7,084,655 $6,456,771 $6,816,471 $627,884
2020 $5,839,171 $5,766,571 $6,486,808 $72,600
2019 $5,759,734 $5,378,396 $5,594,552 $381,338
2018 $5,202,411 $4,985,783 $5,212,466 $216,628
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