New Horizons Early Education Foundation

Nonprofit profile at a glance

EIN
821071035
IRS 990-EZ coverage
2017–2017
Forms available
Form 990-EZ 2017
Location
Sante Fe, TX, USA
Phone
2819247811
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$7,500
Expenses
$7,500
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • EMILY HORN (PRESIDENT)

People named in this filing

  • EMILY HORN (PRESIDENT)
  • WENDY M MCANNALY (VICE PRES &)
  • REBECCA R EVANS (TREASURER)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide a private preschool for children between the ages of 2 to 7 with special needs, regardless of the severity of the developmental delay.

What it reported doing in 2017

Rent was paid for august in anticipation of the school opening for the fall semester on august 28th, but hurricane harvey came and the building flooded and by the time they could get into the building the furniture and equipment that were to be transferred from new horizons eci school llc was damaged beyond repair and there was mold in the building. Neither the landlord nor the school had flood insurance. The landlord was unwilling to perform the work necessary to get the building into usable rental space, especially for a school, therfore the decision to close was made.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 82
  • Sustainability: 28
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.1%; rating input score 85
  • Program expense ratio: 85.1%; rating input score 85

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 85.1% of revenue deployed · 85.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 4 filed schedules
  • Contacts: How to reach this organization
  • 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 — Sustainability: Total-asset coverage ratio scored 2/100.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.