New Horizons Inc is located in New Hampton, IA. The organization was established in 1993. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Horizons Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, New Horizons Inc generated $98.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $71.7k during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ENCHANCE THE CITY OF NEW HAMPTON, IOWA'S HISTORICALLY AND CULTURALLY SIGNIFICANT MAIN STREET AND SURROUNDING AREAS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Zweibohmer Director | 40 | $12,800 | |
Robert Schwickerath President | 1 | $0 | |
Emma Schwickerath Vice Preside | 1 | $0 | |
Megan Baltes Secretary | 1 | $0 | |
Dominic Samec Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,801 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $157 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,111 |
| Other Revenue | $0 |
| Total Revenue | $98,069 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,492 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,263 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,966 |
| Total expenses | $71,721 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $130,988 |
| Other assets | $0 |
| Total assets | $130,988 |
| Total liabilities | $34,086 |
| Net assets or fund balances | $96,902 |