funder logo

The New Horizons Foundation Inc

The New Horizons Foundation Inc

Colorado Springs, CO, US
501(c)3
EIN
84-1123082
DAF Sponsor
Regional Funder
funder logo

The New Horizons Foundation Inc

Colorado Springs, CO, US
501(c)3
EIN
84-1123082
DAF Sponsor
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$68,690,282

Contributions
74%
Other
20%
Investments
6%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$50,788,577

Grants
56%
Other
20%
Fees to Service Providers
19%
Salaries & Benefits
3%
Offices, Occupancy & IT
2%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$46,215,819
$50,671,732
+10%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$3,492,709
$4,280,038
+23%
Other
$2,016,050
$13,738,512
+581%
Total Revenues
$51,724,578
$68,690,282
+33%
Expenses
2023
2024
Change
Grants
$21,200,993
$28,197,115
+33%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,640,209
$1,755,267
+7%
Fees to Service Providers
$106,925
$9,619,278
+8896%
Advertising & Promotion
$0
$94,844
-
Offices, Occupancy & IT
$812,725
$1,047,516
+29%
Interest
$0
$0
-
Depreciation
$136,401
$170,304
+25%
Other
$25,187,900
$9,904,253
-61%
Total Expenses
$49,085,153
$50,788,577
+3%
Net income
2023
2024
Change
Net income
+$2,639,425
+$17,901,705
+578%
Functional Expenses
Summary
2023
2024
Change
Program
$46,942,258
$48,381,370
+3%
Admin
$2,142,895
$2,407,207
+12%
Fundraising
$0
$0
-
Total Expenses
$49,085,153
$50,788,577
+3%
Income Statement
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