NEW HORIZONS DEVELOPMENTAL CENTER INC (EIN 850276563) - 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

1979

Legal Domicile

Principal Officer

W TODD LINDSAY

Phone

5756482379

Tax Period

2020-07-01 to 2021-06-30

NEW HORIZONS DEVELOPMENTAL CENTER INC, founded in 1979, is a small nonprofit that reported $908K in total revenue in fiscal year 2020. Revenue decreased 17% compared to the prior year.

Mission

NEW HORIZONS DEVELOPMENT CENTER, INC. IS DEDICATED TO THE PRINCIPLE THAT INDIVIDUALS WHO ARE DEVELOPMENTALLY DISABLED ARE ENTITLED TO THE BENEFITS AND PRINCIPLES AFFORDED TO ALL PERSONS. THE SERVICES OFFERED ARE BASED ON INDIVIDUAL NEEDS AND ARE DESIGNED TO ENHANCE AND ASSIST EACH PERSON IN REACHING HIS OR HER FULLEST PSYCHOLOGICAL, SOCIAL, PHYSICAL AND SPIRITUAL POTENTIAL. WITH THIS IN MIND, OUR ULTIMATE GOAL IS TO FOSTER INDEPENDENCE IN THOUGHT AND ACTION. OUR OBJECTIVE IS TO ASSIST THOSE WE SERVE IN MAINTAINING PREVIOUSLY LEARNED SKILLS AND PERSONAL INDEPENDENCE REGARDLESS OF AGE OR DETERIORATING CONDITIONS AS LONG AS POSSIBLE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $907,675

Investment Income $6

Other Revenue $807

TOTAL REVENUE $908,488

Expense Breakdown

Grants Paid $0

Salaries & Benefits $686,962

Fundraising Expenses $0

Program Expenses $764,628

Other Expenses $266,735

TOTAL EXPENSES $953,697

Year-over-Year Comparison

	2020	2019	Change
Revenue	$908,488	$1,101,080	-0.2%
Expenses	$953,697	$1,189,183	-0.2%
Net Income	$-45,209	$-88,103	-0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
W TODD LINDSAY	PRESIDENT	2.00	Officer Director	$0	$0	$0
SUSAN GERKE	SECRETARY	2.00	Officer Director	$0	$0	$0
JOLIE FOSTER	MEMBER	2.00	Officer Director	$0	$0	$0
EDMUND MCWILLIAMS	MEMBER	2.00	Director	$0	$0	$0
MARCIA MIXON	MEMBER	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
2021	$908,488	$953,697	$236,852	$-45,209
2020	$1,101,080	$1,189,183	$272,455	$-88,103
2019	$1,197,454	$1,088,800	$386,050	$108,654

NEW HORIZONS DEVELOPMENTAL CENTER INC