New Horizon School
Nonprofit profile at a glance
- EIN
- 911673487
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Renton, WA, USA
- Phone
- 4252263717
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Specialized Education Institutions
Reported finances
- Revenue
- $2,218,731
- Expenses
- $1,978,138
- Assets
- $1,807,432
- Liabilities
- $778,174
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- MARLA VELIZ (CEO)
- PATRICIA ANDERSON (PRESIDENT)
Highest reported compensation
- MARLA VELIZ (CEO): $132,580 total reported compensation
- TIM ROBNETT (SECRETARY): $76,257 total reported compensation
- TIMM HINES (DIRECTOR): $73,929 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 provide a successful learning environment for students with learning disabilities, attention deficits, and other learning differences. It offers a wide range of academic programs and extracurricular activities with accommodations to meet the needs of its learners. The school serves students in grades 4-12 from a geographical region ranging from issaquah, to everett, to bainbridge island, to tacoma, and everywhere in between.
What it reported doing in 2024
Faculty and staff members served students with learning differences including learning disabilities (e.g. Dyslexia, communication disorder, nonverbal language disorder), attention deficit hyperactivity disorder (adhd), brain injury, autism spectrum disorder and disorders of executive functioning and other learning differences. The nhs curriculum is reviewed on a yearly basis and changes are made to accommodate students needs based on graduation requirements and interests of students. Our school programs accommodate a wide variety of learning styles and special education needs. We strive to create activities that engage each student actively in learning. We use specialized curricular and instructional methods to deliver subject matter. Aligned common core standards enabled 70 students with learning differences to achieve academic, social, behavioral and emotional success in a supportive, accepting educational environment. Each high school student is required to develop a project that will culminated in their senior year. Nhs continued developing our transition program to help our students move on to employment, higher education or public school. 18-21 programs are available after they leave new horizon school. Nhs received continued accreditation from the advance and northwest accreditation commission. Planning is ongoing for transition to adult life, counseling, and extracurricular activities such as ski/snowboard club, archery, asb, fishing club, order of the black watch & model club. Contract services for academic testing and speech therapy are provided with speech therapy and mental health counseling available on campus.
Operating model
- Revenue model
- Earned-program. 91% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 93% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 93
- Accountability: 77
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.2%; rating input score 62
- Program expense ratio: 71.7%; rating input score 72
- Fundraising efficiency: $1,202.17 raised per $1 spent on fundraising; rating input score 98; 98th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 69.2%; rating input score 69; 11th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.8%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.43; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 14.3%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 5.7% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 5% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 0.7% per year; rating input score 100; 15th percentile among comparable filings
Details
- Where the money goes: 62.2% of revenue deployed · 71.7% of spending went to programs
- Governance: 9 of 13 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.4M in reported program spending
- Leadership: top reported pay $133K · 17 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes grants
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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 — Sustainability: Total-asset coverage ratio scored 34/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 20/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.