New Horizon Care Centers Inc

EIN: 911113010 501(c)(3) Mental Health

Spokane, WA

Total Revenue
$15,620,883
Total Expenses
$11,959,863
Total Assets
$15,971,779
Net Assets
$14,612,502
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
WA
Principal Officer
Fariba Nikdel
Phone
5066241244
Tax Period
2024-07-01 to 2025-06-30

New Horizon Care Centers Inc, founded in 1980, is a mid-sized nonprofit in the Mental Health sector that reported $15.6M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.7M, a strong 23% operating margin.

Mission

Residential and outpatient addiction treatment services and mental health counseling.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $51,609
Program Service Revenue $15,336,723
Investment Income $232,551
Other Revenue $0
TOTAL REVENUE $15,620,883

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,754,840
Fundraising Expenses $0
Program Expenses $10,657,380
Other Expenses $3,205,023
TOTAL EXPENSES $11,959,863

Year-over-Year Comparison

2024 2023 Change
Revenue $15,620,883 $11,996,528 +0.3%
Expenses $11,959,863 $10,058,089 +0.2%
Net Income $3,661,020 $1,938,439 +0.9%
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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
125
Volunteers
6

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
5
$229,582
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Denise Balston President 0.30
Officer Director
$0 $0 $0
Ryan Golden Vice President 0.30
Officer Director
$0 $0 $0
Umar Faroog Treasurer 0.30
Officer Director
$0 $0 $0
Vicky Sneed Secretary 0.30
Officer Director
$0 $0 $0
Wendy Bretz Board Member 0.30
Director
$0 $0 $0
Lisa Bjorklund Board Member (From 09/2024) 0.30
Director
$0 $0 $0
Fariba Nikdel Executive Director 40.00
Officer
$188,120 $41,462 $229,582
Leslie Fifer ARNP, Medical Director 40.00
Highest
$140,064 $662 $140,726
Alice Buckles Outpatient Administrator 40.00
Highest
$143,414 $662 $144,076
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 $15,620,883 $11,959,863 $15,971,779 $3,661,020
2024 $11,996,528 $10,058,089 $12,434,529 $1,938,439
2023 $10,048,858 $10,051,195 $10,139,751 $-2,337
2022 $10,091,012 $8,596,459 $10,819,339 $1,494,553
2021 $8,529,472 $6,954,526 $9,308,637 $1,574,946
2020 $8,369,262 $6,553,415 $7,418,858 $1,815,847
2019 $7,755,573 $6,234,453 $4,794,198 $1,521,120
2018 $6,214,035 $5,803,211 $3,166,698 $410,824
Explore More Nonprofits
→Top 100 Nonprofits in Washington →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare New Horizon Care Centers Inc with other nonprofits in Washington and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.