NEW HORIZON HIGH SCHOOL

EIN: 811789640 501(c)(3) Education

CHANDLER, AZ

Total Revenue
$884,446
Total Expenses
$945,018
Total Assets
$276,533
Net Assets
$-198,896
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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
2018
Legal Domicile
AZ
Principal Officer
THOMAS GRANADO
Phone
4807222730
Tax Period
2021-07-01 to 2022-06-30

NEW HORIZON HIGH SCHOOL, founded in 2018, is a small nonprofit in the Education sector that reported $884K in total revenue in fiscal year 2021. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

OUR MISSION IS TO ENABLE OUR STUDENTS TO REALIZE THEIR UNIQUE TALENTS WHILE MASTERING CORE ACADEMIC SKILLS AND DEVELOPING THE SOCIAL-EMOTIONAL STRENGTHS REQUIRED FOR STUDENT SUCCESS IN THE 21ST CENTURY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $869,912
Program Service Revenue $14,534
Investment Income $0
Other Revenue $0
TOTAL REVENUE $884,446

Expense Breakdown

Grants Paid $0
Salaries & Benefits $528,051
Fundraising Expenses $0
Program Expenses $839,880
Other Expenses $416,967
TOTAL EXPENSES $945,018

Year-over-Year Comparison

2021 2020 Change
Revenue $884,446 $1,185,838 -0.3%
Expenses $945,018 $962,644 0.0%
Net Income $-60,572 $223,194 -1.3%
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
4
Independent Members
3
Employees
22
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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS GRANADO PRESIDENT N/A
Officer Director
$0 $0 $0
WYNN GRANADO MEMBER N/A
Director
$0 $0 $0
MINDY LEON MEMBER N/A
Director
$0 $0 $0
AMEE VERMEIRE MEMBER N/A
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
2022 $884,446 $945,018 $276,533 $-60,572
2021 $1,185,838 $962,644 $348,918 $223,194
2020 $732,853 $1,050,988 $154,722 $-318,135
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