NEW HORIZONS COMMUNITY MENTAL HEALTH CENTER INC

EIN: 592055751 501(c)(3)

MIAMI, FL

Total Revenue
$12,839,539
Total Expenses
$12,781,330
Total Assets
$6,732,510
Net Assets
$4,589,219
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
FL
Principal Officer
ULLAS KURIAKOSE
Phone
3056350366
Tax Period
2024-07-01 to 2025-06-30

NEW HORIZONS COMMUNITY MENTAL HEALTH CENTER INC, founded in 1981, is a mid-sized nonprofit that reported $12.8M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

THE CENTER PROVIDES CLINICAL CARE AND THERAPY CARE FOR RESIDENTS OF MIAMI DADE COUNTY AND ALSO PROVIDE TRAINING FOR MENTAL HEALTH PROFESSIONALS AND OTHER PRACTITIONERS WHO SERVE DIVERSE CULTRAL GROUPS.

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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 $10,702,893
Program Service Revenue $2,136,646
Investment Income $0
Other Revenue $0
TOTAL REVENUE $12,839,539

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,613,012
Fundraising Expenses $0
Program Expenses $11,703,697
Other Expenses $6,168,318
TOTAL EXPENSES $12,781,330

Year-over-Year Comparison

2024 2023 Change
Revenue $12,839,539 $10,779,581 +0.2%
Expenses $12,781,330 $10,713,715 +0.2%
Net Income $58,209 $65,866 -0.1%
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
11
Independent Members
10
Employees
144
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
1
$104,702
Total Directors
13
$324,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH POITIER PSYCHIATRIST 40.00
Director
$249,600 $0 $249,600
WILLIAM KELLEY PRESIDENT 1.00
Director
$0 $0 $0
BOBBIE JONES WILFORK VICE PRESIDENT 1.00
Director
$0 $0 $0
LABIB BALTAGI TREASURER 1.00
Director
$0 $0 $0
GLORIA EVANS SECRETARY 1.00
Director
$0 $0 $0
KENNETH DOVE MEMBER 1.00
Director
$0 $0 $0
WILLIAM C ROBINSON MEMBER 1.00
Director
$0 $0 $0
JOHN H PRYOR JR MEMBER 1.00
Director
$0 $0 $0
PHYLLIS SMITH PATTERSON MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER DENNIS MEMBER 1.00
Director
$0 $0 $0
DR EVALINA BESTMAN MEMBER 1.00
Director
$75,000 $0 $75,000
DAWN GRACE-JONES MEMBER 1.00
Director
$0 $0 $0
REVEREND TERRANCE TAYLOR MEMBER 1.00
Director
$0 $0 $0
ULLAS KURIAKOSE CFO 40.00
Officer
$104,702 $0 $104,702
MICHELE WYATT-SWEETING FORMER CEO 0.00
$142,299 $0 $142,299
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 $12,839,539 $12,781,330 $6,732,510 $58,209
2024 $10,779,581 $10,713,715 $6,652,468 $65,866
2023 $8,706,880 $8,700,561 $6,304,516 $6,319
2022 $8,850,107 $8,740,612 $6,818,832 $109,495
2021 $10,014,225 $9,457,823 $7,595,202 $556,402
2020 $8,842,963 $8,897,778 $7,843,990 $-54,815
2019 $9,059,676 $9,187,734 $6,331,282 $-128,058
2018 $8,648,967 $8,641,506 $6,378,629 $7,461
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