Is New Horizons Living Center Inc Legit?

Quick charity verification for New Horizons Living Center Inc (EIN: 208991798)

Verdict: New Horizons Living Center Inc shows mixed signals

45/100Mission Score
$670KRevenue
$962KAssets
4Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How New Horizons Living Center Inc allocates its funds across programs, administration, and fundraising.

70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Living Center Inc

Is New Horizons Living Center Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, New Horizons Living Center Inc (EIN: 208991798) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.

Is New Horizons Living Center Inc a good charity to donate to?

New Horizons Living Center Inc has a Mission Score of 45/100. Revenue: $670K. Assets: $962K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for New Horizons Living Center Inc?

The Employer Identification Number (EIN) for New Horizons Living Center Inc is 208991798. 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 Living Center Inc spend its money?

New Horizons Living Center Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify New Horizons Living Center Inc's tax-exempt status?

You can verify New Horizons Living Center Inc's tax-exempt status using EIN 208991798 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 Living Center Inc. demonstrates a concerning financial trend with expenses consistently exceeding revenue in recent years, leading to a negative net asset position. For instance, in 2023, expenses were $493,787 against revenues of $488,428, and in 2022, expenses of $424,944 significantly outpaced revenues of $285,128. This operational deficit suggests potential long-term sustainability challenges if not addressed. The organization's liabilities have also grown substantially, reaching $988,672 in 2023, exceeding its assets of $944,830, indicating a precarious financial state. The organization's transparency is commendable regarding executive compensation, as officer compensation has been reported as 0% across all available filings, suggesting a volunteer-led or very lean leadership structure. However, the consistent operational losses and growing liabilities raise questions about the efficiency of their spending and their ability to manage financial resources effectively. While the NTEE code F22 (Housing for the Elderly, Disabled, or Poor) suggests a critical mission, the financial instability could hinder its long-term impact. Despite the financial challenges, the organization has maintained its operations over many years, indicating a resilient commitment to its mission. However, without a clear strategy to reverse the trend of increasing liabilities and operational deficits, its future financial health remains uncertain. A detailed breakdown of program, administrative, and fundraising expenses would provide further insight into spending efficiency, which is not explicitly detailed in the provided summary data.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages