New Horizon Center For Developmentally Disabled
EIN: 366161806 · Chicago, IL
| Metric | Value |
|---|---|
| Total Revenue | $8.7M |
| Total Expenses | $7.8M |
| Net Assets | $7.7M |
Is New Horizon Center For Developmentally Disabled Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Horizon Center For Developmentally Disabled
New Horizon Center For Developmentally Disabled (EIN: 366161806) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $8.7M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Horizon Center For Developmentally Disabled's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Horizon Center For Developmentally Disabled is a mid-size nonprofit that has been operating for 58 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.7M |
| Total Expenses | $7.8M |
| Surplus / Deficit | $-99,002 |
| Total Assets | $8.6M |
| Total Liabilities | $851K |
| Net Assets | $7.7M |
| Operating Margin | -1.3% |
| Debt-to-Asset Ratio | 9.9% |
| Months of Reserves | 13.2 months |
Financial Health Grade: B
In 2024, New Horizon Center For Developmentally Disabled reported a deficit of $99K with expenses exceeding revenue, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 9.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), New Horizon Center For Developmentally Disabled's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.7% | +12.6% | -1.7% |
| 2023 | +17.3% | +21.9% | +2.4% |
| 2022 | +0.5% | +1.1% | +5.2% |
| 2021 | +5.2% | +2.3% | -3.9% |
| 2020 | -8.4% | -2.7% | +12.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Horizon Center For Developmentally Disabled has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Horizon Center For Developmentally Disabled with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $99K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.9%.
Frequently Asked Questions about New Horizon Center For Developmentally Disabled
Is New Horizon Center For Developmentally Disabled a legitimate charity?
New Horizon Center For Developmentally Disabled (EIN: 366161806) is a registered tax-exempt nonprofit based in Illinois. It has 14 years of IRS 990 filings on record. Total revenue: $8.7M. No red flags identified. Financial health grade: B.
How does New Horizon Center For Developmentally Disabled spend its money?
New Horizon Center For Developmentally Disabled reported $8.7M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Horizon Center For Developmentally Disabled tax-deductible?
New Horizon Center For Developmentally Disabled is registered as a tax-exempt nonprofit (EIN: 366161806). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Horizon Center For Developmentally Disabled located?
New Horizon Center For Developmentally Disabled is headquartered in Chicago, Illinois and files with the IRS under EIN 366161806.
How many years of IRS 990 filings does New Horizon Center For Developmentally Disabled have?
New Horizon Center For Developmentally Disabled has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $8.7M in total revenue.
Filing History
IRS 990 filing history for New Horizon Center For Developmentally Disabled showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), New Horizon Center For Developmentally Disabled's revenue has grown by 18.4%, moving from $6.5M to $7.7M. Total assets increased by 28.9% over the same period, from $6.6M to $8.6M. Total functional expenses rose by 20.7%, from $6.5M to $7.8M. In its most recent filing year (2024), New Horizon Center For Developmentally Disabled reported a deficit of $99K, with expenses exceeding revenue. The organization holds $851K in liabilities against $8.6M in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $7.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $7.7M | $7.8M | $8.6M | $851K | — | View 990 |
| 2023 | $7.2M | $6.9M | $8.7M | $904K | — | View 990 |
| 2022 | $6.1M | $5.7M | $8.5M | $921K | — | View 990 |
| 2021 | $6.1M | $5.6M | $8.1M | $916K | — | View 990 |
| 2020 | $5.8M | $5.5M | $8.4M | $1.7M | — | View 990 |
| 2019 | $6.3M | $5.7M | $7.5M | $928K | — | View 990 |
| 2018 | $5.7M | $5.3M | $6.9M | $1.0M | — | View 990 |
| 2017 | $5.4M | $5.8M | $6.5M | $989K | — | View 990 |
| 2016 | $6.0M | $6.0M | $6.9M | $976K | — | View 990 |
| 2015 | $6.5M | $6.3M | $6.9M | $1.0M | — | View 990 |
| 2014 | $5.8M | $6.1M | $6.8M | $1.1M | — | View 990 |
| 2013 | $5.7M | $5.9M | $7.2M | $1.1M | — | View 990 |
| 2012 | $6.7M | $6.0M | $7.5M | $1.2M | — | View 990 |
| 2011 | $6.5M | $6.5M | $6.6M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $7.7M, expenses of $7.8M, and assets of $8.6M (revenue +7.7% year-over-year).
- 2023: Revenue of $7.2M, expenses of $6.9M, and assets of $8.7M (revenue +17.3% year-over-year).
- 2022: Revenue of $6.1M, expenses of $5.7M, and assets of $8.5M (revenue +0.5% year-over-year).
- 2021: Revenue of $6.1M, expenses of $5.6M, and assets of $8.1M (revenue +5.2% year-over-year).
- 2020: Revenue of $5.8M, expenses of $5.5M, and assets of $8.4M (revenue -8.4% year-over-year).
- 2019: Revenue of $6.3M, expenses of $5.7M, and assets of $7.5M (revenue +10.6% year-over-year).
- 2018: Revenue of $5.7M, expenses of $5.3M, and assets of $6.9M (revenue +6.5% year-over-year).
- 2017: Revenue of $5.4M, expenses of $5.8M, and assets of $6.5M (revenue -11.0% year-over-year).
- 2016: Revenue of $6.0M, expenses of $6.0M, and assets of $6.9M (revenue -7.4% year-over-year).
- 2015: Revenue of $6.5M, expenses of $6.3M, and assets of $6.9M (revenue +11.4% year-over-year).
- 2014: Revenue of $5.8M, expenses of $6.1M, and assets of $6.8M (revenue +2.8% year-over-year).
- 2013: Revenue of $5.7M, expenses of $5.9M, and assets of $7.2M (revenue -15.7% year-over-year).
- 2012: Revenue of $6.7M, expenses of $6.0M, and assets of $7.5M (revenue +3.5% year-over-year).
- 2011: Revenue of $6.5M, expenses of $6.5M, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Horizon Center For Developmentally Disabled:
Data Sources and Methodology
This transparency report for New Horizon Center For Developmentally Disabled is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.