New Horizons Ranch And Center Inc
- Assets
- $7.4m
- Revenue
- $14.8m
- Investments
- $0.0
- Employees
- 230
- Location
- Abilene, TX
- Founding
- 12/1977
- Data as of
- 08/2021
- EIN
- 75-1530340
Organization Overview
New Horizons Ranch And Center Inc is located in Abilene, TX. The organization was established in 1977. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 08/2021, New Horizons Ranch And Center Inc employed 230 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Horizons Ranch And Center 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 08/2021, New Horizons Ranch And Center Inc generated $14.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $12.7m during the year ending 08/2021. While expenses have increased by 2.5% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AN ENVIRONMENT WHERE CHILDREN, FAMILIES AND STAFF ARE ABLE TO HEAL AND GROW THROUGH CARING RELATIONSHIPS AND UNCONDITIONAL LOVE AND ACCEPTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL TREATMENT AND CHILD PLACEMENT FOR EMOTIONALLY DISTURBED CHILDREN. TREATMENT IS PROVIDED FOR OVER 1200 CHILDREN EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Redden Executive Director | Officer | 40 | $217,351 |
Gary Hazy COO | Officer | 40 | $131,822 |
Scott Anderson Finance Director | Officer | 40 | $124,231 |
Gary Webb Vice President | OfficerTrustee | 1 | $0 |
Kyle Mcvey Secretary | OfficerTrustee | 1 | $0 |
Tal Fillingim President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $290,607 |
| Related organizations | $0 |
| Government grants | $2,680,777 |
| All other contributions, gifts, grants, and similar amounts not included above | $636,811 |
| Noncash contributions included in lines 1a–1f | $84,102 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,608,195 |
| Total Program Service Revenue | $11,332,294 |
| Investment income | $3,382 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$104,883 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,838,988 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $510,028 |
| Compensation of current officers, directors, key employees. | $130,363 |
| Compensation to disqualified persons | $47,800 |
| Other salaries and wages | $6,250,400 |
| Pension plan accruals and contributions | $220,659 |
| Other employee benefits | $906,115 |
| Payroll taxes | $538,171 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $74,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,950 |
| Advertising and promotion | $44,492 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $698,588 |
| Travel | $8,745 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,774 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $145,877 |
| Insurance | $371,195 |
| All other expenses | $558,056 |
| Total functional expenses | $12,666,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,700,465 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,214,487 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $24,874 |
| Prepaid expenses and deferred charges | $252,595 |
| Net Land, buildings, and equipment | $2,493 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,238,138 |
| Total assets | $7,433,052 |
| Accounts payable and accrued expenses | $713,717 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $419,240 |
| Other liabilities | $730,637 |
| Total liabilities | $1,863,594 |
| Net assets without donor restrictions | $5,569,458 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,433,052 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that New Horizons Ranch And Center Inc has recieved totaling $48,651.
| Awarding Organization | Amount |
|---|---|
Wayne And Jo Ann Moore Charitablefoundation Midland, TX PURPOSE: OPERATING EXPENSES | $25,000 |
The Robison Excelsior Foundation Abilene, TX PURPOSE: CHARITABLE | $15,000 |
Food Bank Of Abilene Inc Abilene, TX PURPOSE: Nutritional Assistance | $8,651 |
Endowment Analysis
| Beg. Balance | $5,979,883 |
| Earnings | $1,670,133 |
| Admin Expense | $66,074 |
| Net Contributions | $1,265,480 |
| Other Expense | $516,736 |
| Ending Balance | $8,332,686 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunny Glen Childrens Home San Benito, TX | $13,498,844 | $44,265,453 |
Buckner Children And Family Services Inc Dallas, TX | $63,214,189 | $46,854,596 |
Youth Development Inc Albuquerque, NM | $6,538,635 | $31,021,565 |
The Safe Alliance Austin, TX | $11,714,788 | $29,431,817 |
Tresco Inc Las Cruces, NM | $11,408,298 | $25,903,649 |
Mission Road Developmental Center San Antonio, TX | $26,258,889 | $16,711,904 |
United Methodist Childrens Home Inc Little Rock, AR | $23,403,200 | $9,139,789 |
New Horizons Ranch And Center Inc Abilene, TX | $7,433,052 | $14,838,988 |
James L West Presbyterian Special Care Center Fort Worth, TX | $13,990,432 | $11,986,456 |
Carc Inc Carlsbad, NM | $9,451,276 | $12,194,382 |
Broadway Services Inc New Orleans, LA | $6,344,122 | $11,011,243 |
Oakwood Retirement Village Inc Enid, OK | $6,058,575 | $10,557,285 |