Quick charity verification for New Horizons For Children Inc (EIN: 202382138)
Verdict: New Horizons For Children Inc appears trustworthy
75/100Mission Score
$498KRevenue
$546KAssets
2Red Flags
3Strengths
Red Flags
Significant year-over-year revenue and expense volatility, exemplified by a $316,904 deficit in 2023.
Lack of NTEE code makes peer comparison difficult.
Strengths
Zero reported officer compensation across all 14 filings, indicating high efficiency in this area.
Consistent filing of IRS Form 990s over 14 periods, demonstrating transparency.
Relatively low liabilities, suggesting good short-term financial management (e.g., $6,594 in 2023).
Spending Breakdown
How New Horizons For Children Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about New Horizons For Children Inc
Is New Horizons For Children Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Horizons For Children Inc (EIN: 202382138) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is New Horizons For Children Inc a good charity to donate to?
New Horizons For Children Inc has a Mission Score of 75/100. Revenue: $498K. Assets: $546K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Horizons For Children Inc?
The Employer Identification Number (EIN) for New Horizons For Children Inc is 202382138. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does New Horizons For Children Inc spend its money?
New Horizons For Children Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Horizons For Children Inc's tax-exempt status?
You can verify New Horizons For Children Inc's tax-exempt status using EIN 202382138 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
New Horizons For Children Inc exhibits fluctuating financial health over the past decade. While the organization reported total assets of $546,423 and latest revenue of $498,433, its financial performance has been inconsistent. For instance, in 2023, expenses ($659,593) significantly outstripped revenue ($342,689), leading to a substantial deficit. This contrasts sharply with 2022, where revenue ($968,566) comfortably exceeded expenses ($636,148). This volatility in revenue and expenses suggests potential challenges in consistent financial planning or reliance on unpredictable funding sources.
The organization demonstrates strong spending efficiency in terms of executive compensation, reporting 0% officer compensation across all available filings. This indicates that a very high proportion of funds are likely directed towards program services and operational costs rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging. The consistent low liabilities, such as $6,594 in 2023 and $6,474 in 2022, suggest good short-term financial management.
Transparency appears to be a strength, given the consistent filing of IRS Form 990s over 14 periods. The absence of officer compensation is a positive indicator for donors concerned about executive pay. However, the lack of a specified NTEE code makes it harder to benchmark its financial performance against similar organizations. Further transparency regarding the specific allocation of expenses beyond the high-level revenue and expense figures would enhance understanding of its operational efficiency.