New Horizon Educational Services Inc (EIN 383815819) - Form 990 Financial Analysis & Trantor Score

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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

2010

Legal Domicile

Principal Officer

Karen K Young

Tax Period

2023-01-01 to 2023-12-31

New Horizon Educational Services Inc, founded in 2010, is a small nonprofit that reported $708K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $124K, a strong 18% operating margin.

Mission

New Horizon Educational Services Inc. is dedicated to improving the quality of life and strenghtening communities through a balance of education, knowledge and unlocking the potential of the individuals that are served.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $705,735

Program Service Revenue $0

Investment Income $0

Other Revenue $2,071

TOTAL REVENUE $707,806

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $460,975

Other Expenses $583,866

TOTAL EXPENSES $583,866

Year-over-Year Comparison

	2023	2022	Change
Revenue	$707,806	$756,464	-0.1%
Expenses	$583,866	$548,074	+0.1%
Net Income	$123,940	$208,390	-0.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kimberly McCleary-Smith	Board Member	1.00	Officer Director	$0	$0	$0
Karen K Young	Executive Director	35.00	Officer Director	$0	$0	$0

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
2023	$707,806	$583,866	$285,288	$123,940
2022	$756,464	$548,074	$285,520	$208,390
2021	$600,898	$509,259	$293,246	$91,639
2020	$625,654	$519,768	$302,484	$105,886
2019	$559,644	$443,151	$290,449	$116,493

New Horizon Educational Services Inc