LHousing & ShelterEIN: 851207604· Ruling Year: 2020

New Horizons Affordable Housing And Development Inc

Capitola, California

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org8.11×
Peer Median12.01×
💰
$8.3M
Total Revenue
📊
$2.6M
Total Expenses
🏦
$21.1M
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.5%
Year-over-year change (2022 → 2023)
Net Margin
+68.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.11
Net assets divided by total expenses
Liabilities-to-Assets
5.2%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$8,304,261$2,601,53311%$22,256,94138%
2022$8,342,325104%$2,349,570100%$16,155,96059%
2021$4,091,369$1,173,165$10,168,170

Frequently Asked Questions

What does New Horizons Affordable Housing And Development Inc do?

New Horizons Affordable Housing And Development Inc is a housing & shelter nonprofit organization based in California. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Horizons Affordable Housing And Development Inc financially healthy?

Based on our 9-metric Financial Health Score model, New Horizons Affordable Housing And Development Inc has a score of 76/100 (Grade: A-). 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 Affordable Housing And Development Inc generate?

New Horizons Affordable Housing And Development Inc reports $12.9M in annual revenue and holds $45.8M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in California.

New Horizons Affordable Housing And Development Inc — Capitola, CA | GiveScope