New Horizon Ministries Inc

Nonprofit profile at a glance

EIN
570899274
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Jackson, MS, USA
Phone
6013715070
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$1,219,992
Expenses
$1,441,282
Assets
$3,743,263
Liabilities
$341,542

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

Leadership & pay

7 people listed

Executive titles in this filing

  • RONNIE CRUDUP JR (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JACQUELINE VANN (CFO): $67,620 total reported compensation
  • RONNIE CRUDUP JR (EXECUTIVE DIRECTOR): $42,600 total reported compensation
  • RONNIE CRUDUP SR (CHAIRMAN): $31,646 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 be a light in metro jackson and help to the people of Mississippi through a number of programs that seek to strengthen children, families & communities.

What it reported doing in 2024

New horizon ministries, inc (nhmi) offers childcare services, food & clothes pantry, plus youth and health related activities for adults and families.these programs are created for the people in the south jackson area, but many youth and families from the jackson metro area take advantage of them.we serve about 40 children at our daycare; over 600 families for our food program and about 700 members take advantage of the ark.we have achieved a lot by providing services to our community that are no longer available in some areas. There are no other fitness gyms in the south jackson area, but ours. We don't have many grocery stores or places to purchase clothes.we have given food to over 600 families in 2025, given away 2 college scholarships to youth at the ark and served at least 35 to 40 seniors on a weekly basis with our senior health class twice a week. We have a few college students that come by and volunteer with our programs.we have just opened our skating rink/ event center in july of 2026. We have only had one event so far. We have most of the same programs. Our daycare numbers have decreased, but we are still open for now. The only thing we have discontinued is our housing program.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 89
  • Accountability: 66
  • Sustainability: 35
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.3%; rating input score 94
  • Program expense ratio: 79.8%; rating input score 80
  • Fundraising efficiency: $7.38 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 57.1%; rating input score 57; 12th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • 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: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -18.1%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 2.6; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 44; 44th percentile among comparable filings
  • Officer compensation ratio: 9.8%; rating input score 37; 37th percentile among comparable filings

Growth

  • Program expense growth: 8.2% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 0.7% per year; rating input score 100; 17th percentile among comparable filings
  • Asset growth: -3.1% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 94.3% of revenue deployed · 79.8% of spending went to programs
  • Governance: 4 of 7 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.2M in reported program spending
  • Leadership: top reported pay $68K · 7 people listed
  • Highest-paid contractors: 1 contractor listed · $192K reported
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Review — Accountability: Independent voting board scored 57/100.
  • High — Financial Efficiency: Fundraising efficiency scored 28/100.
  • High — Sustainability: Operating margin scored 10/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 37/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 44/100.