New Horizon Counseling Center Inc
New Horizon Counseling Center Inc experiences rapid growth with strong asset base and no reported officer compensation.
EIN: 112593090 · S Ozone Park, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $75.5M |
| Total Expenses | $75.4M |
| Program Spending | 88% |
| CEO/Top Officer Pay | $88.7 |
| Net Assets | $75.7M |
| Transparency Score | 85/100 |
Is New Horizon Counseling Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Horizon Counseling Center Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Horizon Counseling Center Inc
New Horizon Counseling Center Inc (EIN: 112593090) is a nonprofit organization based in S Ozone Park, NY. The organization reported total revenue of $75.5M and total assets of $91.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Horizon Counseling Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Horizon Counseling Center Inc is a major nonprofit that has been operating for 43 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $88.7M |
| Total Expenses | $75.4M |
| Surplus / Deficit | +$13.3M |
| Total Assets | $105.4M |
| Total Liabilities | $29.6M |
| Net Assets | $75.7M |
| Operating Margin | 15.0% |
| Debt-to-Asset Ratio | 28.1% |
| Months of Reserves | 16.8 months |
Financial Health Grade: A
In 2023, New Horizon Counseling Center Inc reported a surplus of $13.3M with revenue exceeding expenses, holds 16.8 months of operating reserves (strong position), has a debt-to-asset ratio of 28.1% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), New Horizon Counseling Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.5% | +10.9% | +53.6% |
| 2022 | +40.4% | +35.0% | +63.1% |
| 2020 | +14.6% | +10.2% | +31.9% |
| 2019 | +10.5% | +14.4% | +17.3% |
| 2018 | +26.1% | +25.8% | +30.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Horizon Counseling Center Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, New Horizon Counseling Center Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size ($88.7 million in revenue in 2023) and suggests that executive compensation may be reported under different categories or that leadership is entirely volunteer-based, requiring further scrutiny for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New Horizon Counseling Center Inc's IRS 990 filings:
- Consistent 0% officer compensation reported for a large organization, which is unusual and warrants further investigation into how executive leadership is compensated.
- Lack of detailed breakdown for program, administrative, and fundraising expenses in the provided summary data, hindering a precise efficiency assessment.
Strengths
The following positive indicators were identified for New Horizon Counseling Center Inc:
- Exceptional revenue growth, increasing from $9.2 million in 2013 to $88.7 million in 2023, demonstrating significant expansion and impact.
- Strong financial stability with assets consistently far exceeding liabilities (e.g., $105.3 million in assets vs. $29.6 million in liabilities in 2023).
- Consistent positive net income (revenue exceeding expenses) across all reported periods, indicating sound financial management.
- High proportion of expenses dedicated to mission-related activities, as evidenced by the significant difference between revenue and expenses.
Frequently Asked Questions about New Horizon Counseling Center Inc
Is New Horizon Counseling Center Inc a legitimate charity?
New Horizon Counseling Center Inc (EIN: 112593090) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $75.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New Horizon Counseling Center Inc spend its money?
New Horizon Counseling Center Inc directs 88% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Horizon Counseling Center Inc tax-deductible?
New Horizon Counseling Center Inc is registered as a tax-exempt nonprofit (EIN: 112593090). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Horizon Counseling Center Inc CEO make?
New Horizon Counseling Center Inc's highest-compensated officer earns $88.7 annually. The organization reported $75.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Horizon Counseling Center Inc's spending goes to programs?
New Horizon Counseling Center Inc directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Horizon Counseling Center Inc located?
New Horizon Counseling Center Inc is headquartered in S Ozone Park, New York and files with the IRS under EIN 112593090.
How many years of IRS 990 filings does New Horizon Counseling Center Inc have?
New Horizon Counseling Center Inc has 12 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 $75.5M in total revenue.
How does New Horizon Counseling Center Inc manage to report 0% officer compensation despite its large size?
The consistent reporting of 0% officer compensation across all available 990 filings for an organization with nearly $90 million in annual revenue is highly unusual. This could indicate that executive compensation is categorized differently on the 990 (e.g., as salaries and wages for key employees rather than officers), or that the organization's leadership is entirely volunteer-based. Further investigation into the detailed compensation schedules would be necessary to understand this structure.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the filings show a healthy gap between revenue and expenses, indicating a significant portion goes to programs, the provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses. This information is crucial for a precise assessment of spending efficiency and would typically be found in Part IX of the IRS Form 990.
What are the primary sources of New Horizon Counseling Center Inc's revenue?
The provided data indicates substantial and consistent revenue growth, from $9.2 million in 2013 to $88.7 million in 2023. However, the specific sources of this revenue (e.g., government grants, service fees, donations) are not detailed in the summary data. Understanding these sources would provide insight into the organization's funding model and sustainability.
Filing History
IRS 990 filing history for New Horizon Counseling Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), New Horizon Counseling Center Inc's revenue has grown by 1301%, moving from $6.3M to $88.7M. Total assets increased by 906.6% over the same period, from $10.5M to $105.4M. Total functional expenses rose by 869.7%, from $7.8M to $75.4M. In its most recent filing year (2023), New Horizon Counseling Center Inc reported a surplus of $13.3M, with revenue exceeding expenses. The organization holds $29.6M in liabilities against $105.4M in assets (debt-to-asset ratio: 28.1%), resulting in net assets of $75.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $88.7M | $75.4M | $105.4M | $29.6M | — | — |
| 2022 | $78.9M | $68.0M | $68.6M | $6.8M | — | View 990 |
| 2020 | $56.2M | $50.3M | $42.1M | $11.3M | — | View 990 |
| 2019 | $49.0M | $45.7M | $31.9M | $7.0M | — | View 990 |
| 2018 | $44.3M | $39.9M | $27.2M | $5.6M | — | View 990 |
| 2017 | $35.2M | $31.7M | $20.9M | $3.7M | — | View 990 |
| 2016 | $28.5M | $24.6M | $16.8M | $3.3M | — | View 990 |
| 2015 | $13.6M | $13.0M | $10.9M | $1.0M | — | View 990 |
| 2014 | $9.7M | $9.4M | $9.9M | $554K | — | View 990 |
| 2013 | $9.2M | $8.2M | $9.9M | $1.2M | — | View 990 |
| 2012 | $6.7M | $8.1M | $8.8M | $1.4M | — | View 990 |
| 2011 | $6.3M | $7.8M | $10.5M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $88.7M, expenses of $75.4M, and assets of $105.4M (revenue +12.5% year-over-year).
- 2022: Revenue of $78.9M, expenses of $68.0M, and assets of $68.6M (revenue +40.4% year-over-year).
- 2020: Revenue of $56.2M, expenses of $50.3M, and assets of $42.1M (revenue +14.6% year-over-year).
- 2019: Revenue of $49.0M, expenses of $45.7M, and assets of $31.9M (revenue +10.5% year-over-year).
- 2018: Revenue of $44.3M, expenses of $39.9M, and assets of $27.2M (revenue +26.1% year-over-year).
- 2017: Revenue of $35.2M, expenses of $31.7M, and assets of $20.9M (revenue +23.4% year-over-year).
- 2016: Revenue of $28.5M, expenses of $24.6M, and assets of $16.8M (revenue +108.9% year-over-year).
- 2015: Revenue of $13.6M, expenses of $13.0M, and assets of $10.9M (revenue +40.7% year-over-year).
- 2014: Revenue of $9.7M, expenses of $9.4M, and assets of $9.9M (revenue +5.3% year-over-year).
- 2013: Revenue of $9.2M, expenses of $8.2M, and assets of $9.9M (revenue +37.6% year-over-year).
- 2012: Revenue of $6.7M, expenses of $8.1M, and assets of $8.8M (revenue +5.7% year-over-year).
- 2011: Revenue of $6.3M, expenses of $7.8M, and assets of $10.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Horizon Counseling Center Inc:
Data Sources and Methodology
This transparency report for New Horizon Counseling Center Inc 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.