NEW HORIZONS MINISTRIES INC (EIN 822761026) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Phone

7178214144

Tax Period

2024-01-01 to 2024-12-31

NEW HORIZONS MINISTRIES INC, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $240K in total revenue in fiscal year 2024. Expenses of $215K left a modest 11% surplus.

Mission

Providing a loving, healthy home atmosphere for the orphans and the unfortunate children of Haiti along with giving them an education that will help them develop into men and women that will be an asset to the people of their country and other, to the glory of God.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $236,033

Program Service Revenue $0

Investment Income $2,625

Other Revenue $1,701

TOTAL REVENUE $240,359

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,404

Program Expenses $206,323

Other Expenses $214,591

TOTAL EXPENSES $214,591

Year-over-Year Comparison

	2024	2023	Change
Revenue	$240,359	$240,998	0.0%
Expenses	$214,591	$175,968	+0.2%
Net Income	$25,768	$65,030	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
LES REINFORD	PRESIDENT	5.00	Officer Director	$0	$0	$0
GERALD PUTT	TREASURER	2.00	Officer Director	$0	$0	$0
JOHN SLAYMAKER	SECRETARY	2.00	Officer Director	$0	$0	$0
JOHN LAPINSKI	DIRECTOR	1.00	Director	$0	$0	$0
LYNDON REINFORD	DIRECTOR	1.00	Director	$0	$0	$0
CAINAN WOLF	DIRECTOR	1.00	Director	$0	$0	$0
WESLEY MOYER	DIRECTOR	1.00	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	$240,359	$214,591	$254,807	$25,768
2023	$240,998	$175,968	$229,098	$65,030
2022	$209,836	$161,298	$163,539	$48,538
2021	$206,122	$170,323	$119,076	$35,799
2020	$118,022	$124,534	$78,690	$-6,512
2019	$144,567	$110,626	$79,371	$33,941
2018	$130,228	$127,618	$52,847	$2,610

NEW HORIZONS MINISTRIES INC