New Heights Youth Inc

Nonprofit profile at a glance

EIN
201903332
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Brooklyn, NY, USA
Phone
2124264667
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$3,821,305
Expenses
$4,253,548
Assets
$2,875,530
Liabilities
$351,611

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

28 people listed

Executive titles in this filing

  • EDWARD SMITH JR (EXECUTIVE DIRECTOR)

Highest reported compensation

  • EDWARD SMITH JR (EXECUTIVE DIRECTOR): $216,102 total reported compensation
  • ADAM BERKOWITZ (CHIEF OPERATING OFFICER): $211,618 total reported compensation
  • ASHLEY FAISON (CHIEF DEVELOPMENT OFFICER): $180,063 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To educate and empower promising underserved youth to be leaders, champions and student-athletes by developing the skills necessary for success in high school, college and life.

What it reported doing in 2024

New heights uses basketball as a "hook" to engage young men and women. They harness the participants' excitement and talent on the basketball court as means to focus their attention on the values of life skills that stretch beyond athletic competition and as a tool to help them access high quality educational opportunities. New heights currently runs one core program, "college bound", with multiple components. College bound offers a comprehensive middle school and high school educational program which takes place daily during after school and saturdays and all day during the summer. The approach is to intensively invest in middle school students to prepare them for college preparatory high schools and then support their ongoing success throughout high school and beyond. The program offers comprehensive middle school and high school educational programming and support services that seek to develop each participant to ensure his or her successful transition and achievement through middle school, high school and college. These services include the following: high school assist - supports 4th-8th graders as they prepare for the transition from middle to high school. Services include after-school classroom sessions focused on academic skills development and social emotional learning, one-on-one and small group tutoring, test prep, high school application guidance, high school visits, financial aid advisement and individualized counseling.college assist - provides our high school student-athletes with the individual support necessary to gain admission to competitive colleges and universities, as well as group workshops that equip them with the hard and soft skills necessary to thrive in college and beyond. Services include sat/act prep, one-on-one and small group tutoring for students who are struggling in specific subjects, financial aid and college application support, campus visits, life skills development and ncaa recruiting and eligibility guidance. Summer academy - a 5-week day camp that combines academic enrichment with basketball skills development for our middle school youth. In 2022, our curriculum grew to include financial literacy, technology and coding, health and wellness, and sports and social justice. For rising 7th-9th graders, we also offered a special week away at the phelps school in Pennsylvania where student-athletes participated in projectbased learning and team-building exercises in a setting outside of New York city.career assist - provides ongoing support to college bound alumni who matriculate to college in order to ensure that they graduate on time and are career ready. Services include college course and major selection, resume building, interview skills workshops, professional networking opportunities, internship assistance and career exposure.the foundation - a series of 8-week basketball clinics targeted to children ages 7-14 who live in community district 9 (but open to youth throughout New York city). In addition to building introductory basketball skills on the court, these weekend clinics provide participants with classroom sessions focused on social emotional learning and life skills development. To date, the foundation has enrolled hundreds of young people and engaged a number of sports-based organizations who lend their expertise.for fiscal year ended august 31, 2025, college bound served 343 student-athletes and fielded 19 teams from failing schools and economically disadvantaged backgrounds.

Operating model

Revenue model
Donor-supported. 94% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 83
  • Accountability: 98
  • Sustainability: 21
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.2%; rating input score 80
  • Program expense ratio: 71.7%; rating input score 72
  • Fundraising efficiency: $6.69 raised per $1 spent on fundraising; rating input score 25; 25th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 95.7%; rating input score 96; 26th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11.3%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.68; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 55; 55th percentile among comparable filings
  • Officer compensation ratio: 18.6%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 8.6% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 8.5% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 17.2% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 80.2% of revenue deployed · 71.7% of spending went to programs
  • Governance: 22 of 23 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3M in reported program spending
  • Leadership: top reported pay $216K · 28 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 37 of 37 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 25/100.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • Review — Sustainability: Liabilities to assets ratio scored 55/100.