NEW HORIZONS HOUSE (EIN 463904608) - 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

JONATHAN R SPENCER

Phone

8007276689

Tax Period

2023-01-01 to 2023-12-31

NEW HORIZONS HOUSE, founded in 2013, is a small nonprofit in the Human Services sector that reported $366K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $320K left a modest 13% surplus.

Mission

PROVIDE HOLISTIC CARE FOR HUMAN TRAFFICKING VICTIMS

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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 $358,950

Program Service Revenue $0

Investment Income $6,739

Other Revenue $0

TOTAL REVENUE $365,689

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $25,837

Program Expenses $253,600

Other Expenses $319,775

TOTAL EXPENSES $319,775

Year-over-Year Comparison

	2023	2022	Change
Revenue	$365,689	$409,824	-0.1%
Expenses	$319,775	$389,000	-0.2%
Net Income	$45,914	$20,824	+1.2%

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
JONATHAN R SPENCER	PRESIDENT	24.00	Officer Director	$0	$0	$0
MICHAEL GRAVES	SENIOR VP/SECRETARY	15.00	Officer Director	$0	$0	$0
STEPHEN CURTIS	SENIOR VP	7.00	Officer Director	$0	$0	$0
CHRISTINE SPENCER	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW SMOLEN	DIRECTOR	2.00	Director	$0	$0	$0
TIMOTHY HILLMER	DIRECTOR	2.00	Director	$0	$0	$0
SHANNA SCOTT	DIRECTOR	2.00	Director	$0	$0	$0
TAMMY WHITE	DIRECTOR	2.00	Director	$0	$0	$0
RACHEL EICHHORN	DIRECTOR	2.00	Director	$0	$0	$0
KATRINA ZIMMERMAN	DIRECTOR	2.00	Director	$0	$0	$0
ESTHER MEDIDI	DIRECTOR	2.00	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	No data	No data	No data	No data
2023	$365,689	$319,775	$297,151	$45,914
2022	$409,824	$389,000	$230,638	$20,824
2021	$333,232	$205,174	$236,884	$128,058
2020	$236,698	$245,615	$104,604	$-8,917
2019	$295,250	$238,964	$113,521	$56,286
2018	$220,534	$295,962	$57,235	$-75,428

NEW HORIZONS HOUSE