New Horizon Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 484,444 | 492,251 | −7,807 | -0.2 | 33% |
| 2019 | 1,396,381 | 1,455,524 | −59,143 | -0.6 | 45% |
| 2020 | 2,787,707 | 2,810,083 | −22,376 | -0.4 | 37% |
| 2021 | 4,141,374 | 4,148,507 | −7,133 | -0.3 | 33% |
| 2022 | 5,693,152 | 4,587,648 | 1,105,504 | 2.6 | 29% |
| 2023 | 5,098,286 | 5,314,643 | −216,357 | 1.8 | 33% |
In its most recent public year (2023), this organization spent $216,357 more than it brought in. Its reserves stood at about 1.8 months of spending, up from -0.2 in 2018. Staff pay was 33% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
New Horizon Institute Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works