Leons New Horizons Inc
Nonprofit profile at a glance
- EIN
- 320304908
- IRS 990-EZ coverage
- 2017–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Leon, IA, USA
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Thrift Shops
Reported finances
- Revenue
- $82,310
- Expenses
- $85,325
- Assets
- $128,953
- Liabilities
- $381
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JoBeth Smith (Director President)
People named in this filing
- Teresa Gentry (Director)
- Tara Spidle (Secretary Director)
- Marcia Stephens (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Address poverty situations in the area
What it reported doing in 2025
Operate a thrift store providing used items at a greatly reduced price to the public. Net proceeds available for grants to other organizations in the community.
Operating model
- Revenue model
- Other-operating. 96% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3.7%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 1.51; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 3% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 2.1% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 8% per year; rating input score 100; 65th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $96K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2017 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 36/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.