NEW HORIZONS DAY CARE INC (EIN 462658782) - 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

2013

Legal Domicile

Principal Officer

ELIEZER SERRANO

Phone

4133131890

Tax Period

2024-01-01 to 2024-12-31

NEW HORIZONS DAY CARE INC, founded in 2013, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $884K left a modest 12% surplus.

Mission

NEW HORIZONS DAYCARE IS DEDICATED TO PROVIDING AN ATMOSPHERE THAT PROMOTES BIBLICAL VALUES ALONG WITH HIGH QUALITY EARLY EDUCATION FOR FAMILIES FROM ALL BACKGROUNDS. OUR PHILOSOPHY IS FOCUSED ON KINGDOM BASED CHILDREN THAT WILL GROW UP IN AN ENVIRONMENT THAT PROMOTES LEADERSHIP.

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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 (2024)

Revenue Breakdown

Contributions & Grants $164,699

Program Service Revenue $845,420

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,010,119

Expense Breakdown

Grants Paid $0

Salaries & Benefits $573,174

Fundraising Expenses $0

Program Expenses $698,210

Other Expenses $310,912

TOTAL EXPENSES $884,086

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,010,119	$772,748	+0.3%
Expenses	$884,086	$694,125	+0.3%
Net Income	$126,033	$78,623	+0.6%

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

Volunteers

N/A

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

$23,400

Total Directors

$23,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NETSY DIAZ	TREASURER	10.00	Officer Director	$23,400	$0	$23,400
PEDRO SANCHEZ	DIRECTOR	N/A	Director	$0	$0	$0
CANDIDA SERRANO	CLERK	N/A	Officer Director	$0	$0	$0
ELIEZER SERRANO	PRESIDENT	5.00	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
2024	$1,010,119	$884,086	$995,172	$126,033
2023	$772,748	$694,125	$887,950	$78,623
2022	$668,369	$580,841	$825,861	$87,528
2021	$611,160	$516,672	$756,779	$94,488
2020	$563,780	$533,525	$677,134	$30,255
2019	$565,532	$515,336	$511,677	$50,196

NEW HORIZONS DAY CARE INC