CSCharityScored
89

New Horizons Inc

Human Services · Farmington, Connecticut

37 Bliss Memorial Drive, Farmington, CT 06085-0000

EIN: 066040513· Founded: Mar 1957· 69 years active· Filing Year: 2023

Annual Revenue

$22.1M

Total Expenses

$23.1M

Total Assets

$30.6M

Program Spending

82%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$566K

2.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$8.3M

Total Payroll

$8.8M

38% of total expenses

Where the Money Goes

82%
Programs: 82%
Payroll: 38%
Other overhead: 18%
Program Revenue$18.9M (85%)
Total Expenses$23.1M (100%)
Payroll$8.8M (38%)
Overhead (non-program)18%

Trust Score Breakdown

Program Spending Ratio

82% of expenses go to programs

40%

Revenue & Stability

$22.1M annual revenue

15%

Executive Compensation

$566K total officer comp (2.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$30.6M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.