New Horizons Agency Inc
New Horizons Agency Inc. maintains substantial assets despite recent operational deficit and reports no officer compensation.
EIN: 20586953 · Jefferson City, MO · NTEE: T20 · Updated: 2026-03-28
Is New Horizons Agency Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Horizons Agency Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Horizons Agency Inc
New Horizons Agency Inc (EIN: 20586953) is a nonprofit organization based in Jefferson City, MO, classified under NTEE code T20. The organization reported total revenue of $12.8M and total assets of $23.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Horizons Agency Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Horizons Agency Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New Horizons Agency Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization with over $12 million in annual revenue and $23 million in assets, suggesting either a fully volunteer executive team or that executive salaries are categorized differently within their expenses.
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 Horizons Agency Inc's IRS 990 filings:
- Consistent reporting of $0 officer compensation for a large organization, potentially obscuring executive pay.
- Unusual and consistently minimal reported liabilities (often $1), which may not fully reflect financial obligations.
- Latest filing period (202406) shows expenses exceeding revenue, indicating an operational deficit for that year.
Strengths
The following positive indicators were identified for New Horizons Agency Inc:
- Substantial and growing asset base, currently at $23,822,839, indicating long-term financial stability.
- Historically strong revenue generation, with total latest revenue at $12,829,816.
- Generally low liabilities reported across all filing periods, suggesting a strong balance sheet.
Frequently Asked Questions about New Horizons Agency Inc
Is New Horizons Agency Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Horizons Agency Inc (EIN: 20586953) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does New Horizons Agency Inc spend its money?
New Horizons Agency Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Horizons Agency Inc tax-deductible?
New Horizons Agency Inc is registered as a tax-exempt nonprofit (EIN: 20586953). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does New Horizons Agency Inc. manage to report $0 in officer compensation given its size and revenue?
The consistent reporting of 'Officer Comp=0%' across all filings for an organization with over $12 million in revenue and $23 million in assets is highly unusual. This could mean that executive leadership is entirely volunteer-based, or that compensation is reported under other expense categories, which would impact the clarity of their administrative spending.
Why did expenses exceed revenue in the 202406 filing period?
In the 202406 period, New Horizons Agency Inc. reported expenses of $1,620,007 against revenues of $1,034,023, resulting in an operational deficit for that year. This contrasts with previous years where revenue generally exceeded expenses, and warrants further examination to understand if it's a one-time event or a new trend.
What is the nature of the consistently reported minimal liabilities (often $1)?
The repeated reporting of liabilities as $1 across multiple filing periods is highly unusual for an organization of this scale. This could indicate a very strong financial position with minimal debt, or it might suggest a simplified reporting method that doesn't fully detail all financial obligations.
Filing History
IRS 990 filing history for New Horizons Agency Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2024), New Horizons Agency Inc's revenue has declined by 24.1%, moving from $1.4M to $1.0M. Total assets increased by 295.3% over the same period, from $5.3M to $20.9M. Total functional expenses rose by 1273.7%, from $118K to $1.6M. In its most recent filing year (2024), New Horizons Agency Inc reported a deficit of $586K, with expenses exceeding revenue. The organization holds $1 in liabilities against $20.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $20.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $1.0M | $1.6M | $20.9M | $1 | — | View 990 |
| 2023 | $2.3M | $1.6M | $21.5M | $1 | — | View 990 |
| 2022 | $2.4M | $1.5M | $20.7M | $1 | — | View 990 |
| 2021 | $1.7M | $1.5M | $19.8M | $1 | — | View 990 |
| 2020 | $3.1M | $1.1M | $19.6M | $400 | — | View 990 |
| 2015 | $2.3M | $499K | $10.7M | $1 | — | View 990 |
| 2014 | $982K | $187K | $8.9M | $1 | — | View 990 |
| 2013 | $1.1M | $265K | $8.2M | $1 | — | View 990 |
| 2012 | $2.2M | $179K | $7.3M | $3K | — | View 990 |
| 2011 | $1.4M | $118K | $5.3M | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.0M, expenses of $1.6M, and assets of $20.9M (revenue -56.0% year-over-year).
- 2023: Revenue of $2.3M, expenses of $1.6M, and assets of $21.5M (revenue -0.7% year-over-year).
- 2022: Revenue of $2.4M, expenses of $1.5M, and assets of $20.7M (revenue +35.8% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.5M, and assets of $19.8M (revenue -43.1% year-over-year).
- 2020: Revenue of $3.1M, expenses of $1.1M, and assets of $19.6M (revenue +34.6% year-over-year).
- 2015: Revenue of $2.3M, expenses of $499K, and assets of $10.7M (revenue +131.7% year-over-year).
- 2014: Revenue of $982K, expenses of $187K, and assets of $8.9M (revenue -12.3% year-over-year).
- 2013: Revenue of $1.1M, expenses of $265K, and assets of $8.2M (revenue -49.1% year-over-year).
- 2012: Revenue of $2.2M, expenses of $179K, and assets of $7.3M (revenue +61.4% year-over-year).
- 2011: Revenue of $1.4M, expenses of $118K, and assets of $5.3M.
Data Sources and Methodology
This transparency report for New Horizons Agency 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.