New Horizons Inc
Farmington, Connecticut
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $22,095,040↓6% | $23,090,427↑21% | $30,557,358↑1% | — |
| 2022 | $23,386,855↑1% | $19,004,913↑4% | $30,323,196↑30% | — |
| 2021 | $23,057,821↑18% | $18,243,055↓3% | $23,361,586↑4% | — |
| 2020 | $19,493,041↑2% | $18,854,357↑7% | $22,407,821↑42% | — |
| 2019 | $19,089,890 | $17,553,632↓1% | $15,802,055↑4% | — |
| 2018 | $19,056,050↓4% | $17,796,376↓1% | $15,167,548↑5% | — |
| 2017 | $19,905,349↑4% | $17,979,253↑2% | $14,437,654↓2% | — |
| 2016 | $19,133,094↑4% | $17,629,398↑2% | $14,743,513↑2% | — |
| 2015 | $18,456,587↑1% | $17,324,610↑3% | $14,490,938↓8% | — |
| 2014 | $18,308,020↑5% | $16,889,816↑6% | $15,695,987↑6% | — |
| 2013 | $17,390,878↑3% | $15,868,412↓5% | $14,876,505 | — |
| 2012 | $16,963,189↑1% | $16,723,371↑5% | $14,892,301 | — |
| 2011 | $16,827,633 | $15,954,819 | $14,945,216 | — |
Frequently Asked Questions
What does New Horizons Inc do?▼
New Horizons Inc is a human services nonprofit organization based in Connecticut. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Horizons Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, New Horizons Inc has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does New Horizons Inc generate?▼
New Horizons Inc reports $20.7M in annual revenue and holds $29.4M in total assets, based on IRS filings.
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