New Horizons Group Homes Incorporated
EIN: 650372596 · Brandon, FL · NTEE: P99Z
Is New Horizons Group Homes Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Horizons Group Homes Incorporated
New Horizons Group Homes Incorporated (EIN: 650372596) is a nonprofit organization based in Brandon, FL, classified under NTEE code P99Z. The organization reported total revenue of $905K and total assets of $747K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Horizons Group Homes Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for New Horizons Group Homes Incorporated 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 Horizons Group Homes Incorporated 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.
Frequently Asked Questions about New Horizons Group Homes Incorporated
Is New Horizons Group Homes Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, New Horizons Group Homes Incorporated (EIN: 650372596) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Horizons Group Homes Incorporated spend its money?
Detailed spending breakdown data is not yet available for New Horizons Group Homes Incorporated. Check back for updated IRS 990 analysis.
Are donations to New Horizons Group Homes Incorporated tax-deductible?
New Horizons Group Homes Incorporated is registered as a tax-exempt nonprofit (EIN: 650372596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for New Horizons Group Homes Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Horizons Group Homes Incorporated's revenue has grown by 95.2%, moving from $475K to $928K. Total assets increased by 13.6% over the same period, from $706K to $803K. Total functional expenses rose by 125.1%, from $412K to $927K. In its most recent filing year (2023), New Horizons Group Homes Incorporated reported a surplus of $700, with revenue exceeding expenses. The organization holds $461K in liabilities against $803K in assets (debt-to-asset ratio: 57.4%), resulting in net assets of $341K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $928K | $927K | $803K | $461K | — | — |
| 2022 | $808K | $827K | $806K | $465K | — | View 990 |
| 2021 | $732K | $830K | $823K | $463K | — | View 990 |
| 2020 | $790K | $799K | $904K | $447K | — | — |
| 2019 | $796K | $816K | $913K | $447K | — | View 990 |
| 2018 | $800K | $843K | $972K | $488K | — | View 990 |
| 2017 | $616K | $672K | $986K | $457K | — | View 990 |
| 2016 | $792K | $531K | $1.1M | $502K | — | View 990 |
| 2015 | $492K | $518K | $563K | $240K | — | View 990 |
| 2014 | $408K | $427K | $587K | $237K | — | View 990 |
| 2013 | $345K | $413K | $603K | $235K | — | View 990 |
| 2012 | $387K | $428K | $664K | $227K | — | View 990 |
| 2011 | $475K | $412K | $706K | $229K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $928K, expenses of $927K, and assets of $803K (revenue +14.9% year-over-year).
- 2022: Revenue of $808K, expenses of $827K, and assets of $806K (revenue +10.4% year-over-year).
- 2021: Revenue of $732K, expenses of $830K, and assets of $823K (revenue -7.2% year-over-year).
- 2020: Revenue of $790K, expenses of $799K, and assets of $904K (revenue -0.9% year-over-year).
- 2019: Revenue of $796K, expenses of $816K, and assets of $913K (revenue -0.4% year-over-year).
- 2018: Revenue of $800K, expenses of $843K, and assets of $972K (revenue +29.8% year-over-year).
- 2017: Revenue of $616K, expenses of $672K, and assets of $986K (revenue -22.3% year-over-year).
- 2016: Revenue of $792K, expenses of $531K, and assets of $1.1M (revenue +61.0% year-over-year).
- 2015: Revenue of $492K, expenses of $518K, and assets of $563K (revenue +20.8% year-over-year).
- 2014: Revenue of $408K, expenses of $427K, and assets of $587K (revenue +18.2% year-over-year).
- 2013: Revenue of $345K, expenses of $413K, and assets of $603K (revenue -10.8% year-over-year).
- 2012: Revenue of $387K, expenses of $428K, and assets of $664K (revenue -18.6% year-over-year).
- 2011: Revenue of $475K, expenses of $412K, and assets of $706K.
Data Sources and Methodology
This transparency report for New Horizons Group Homes Incorporated 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.