The mission of new horizons is to provide supportive programs and services enabling adults to live independently in their own homes, form meaningful connections with others and engage in lifelong learning.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$60K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $31K a year · 12% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$60K
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
9 mo
of spending, in cash
Looks good: 8.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $25K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$8K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$205K
Spent
$180K
To programs
81%
Net assets
$161K
By yearFY2020–FY2024
Revenue
$205K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$205K
FY2021$250K
FY2022$282K
FY2023$262K
FY2024$255K
Expenses
$180K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$180K
FY2021$169K
FY2022$206K
FY2023$243K
FY2024$302K
Net assets
$161K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$161K
FY2021$242K
FY2022$318K
FY2023$337K
FY2024$289K

From the FY2020 Form 990 (year ending September 2020) · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1976.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $146K Management & general 9% · $16K Fundraising 10% · $18K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $60K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$59,953Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Elissa Berardi’s $70K as Outgoing Executive Director is at the 61st percentile of top reported officer pay among 2167 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Elissa Berardi$70,252$69,556$69,556$72,454$59,953
Richard Stein$2,708————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Options in Aging executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps adults live independently, connect with others, and learn throughout life.

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Provided by the organization

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1 program · $146K · in their own filed words · FY2019
01

New horizon has provided stimulating, nurturing and progressive programming for active adults in and around lower merion township for over forty years. We currently serve over 1,000 unduplicated seniors and that number continues to grow each year.

$146Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$25K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$205K
Ln 12
Gifts and grantsLn 1h$196K
Fees for servicesLn 2g$9K
Investment incomeLn 3$6
Money outPt IX
$180K
Ln 25
Programscol B$146K
Managementcol C$16K
Fundraisingcol D$18K
Owns and owesPt X
$161K
net assets · Ln 32
Cash and savingsLn 1–2$130K
Total assetsLn 16$169K
LiabilitiesLn 26$8K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$196K
Government grantsLn 1e$70K
Fees for servicesLn 2g$9K
Investment incomeLn 3$6
Total revenueLn 12$205K
Assets in detailPt X, end of year
CashLn 1$51K
SavingsLn 2$79K
Cash and savings togetherLn 1–2$130K
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$169K
LiabilitiesLn 26$8K
Net assetsLn 32$161K
OperationsPt I, VI
EmployeesI 55
VolunteersI 6141
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$114K$130K
Land, buildings, equipmentLn 10c$742$3K
Total assetsLn 16$153K$169K
LiabilitiesLn 26$18K$8K
Net assetsLn 32$136K$161K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$72K$47K$11K$14K
Other salaries and wagesLn 7$48K$48K$0$0
Payroll taxesLn 10$10K$7K$2K$2K
Accounting feesLn 11c$6K$5K$635$635
Other fees for servicesLn 11g$1K$1K$62$0
Advertising and promotionLn 12$481$481$0$0
Office expensesLn 13$2K$2K$110$329
Information technologyLn 14$2K$1K$173$173
TravelLn 17$442$222$110$110
Depreciation, depletion and amortizationLn 22$742$0$742$0
InsuranceLn 23$6K$5K$287$0
Other expenses (24a–d)Ln 24$29K$29K$383$383
All other expensesLn 24e$1K$1K$59$217
Total functional expensesLn 25$180K$146K$16K$18K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $255K$302K−$48K$289K 990 PDF
FY2023 $262K$243K$19K$337K 990 PDF
FY2022 $282K$206K$76K$318K 990 PDF
FY2021 $250K$169K$81K$242K 990 PDF
FY2020 Viewing $205K$180K$25K$161K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $204,917 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $211,144$196,383
I-9 Program service revenuePrior year $34,753$8,528
I-10 Investment incomePrior year $6$6
I-11 Other revenuePrior year $827$0
I-12 Total revenuePrior year $246,730$204,917
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $159,100$130,600
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $92,241$49,143
I-18 Total expensesPrior year $251,341$179,743
I-19 Revenue less expensesPrior year −$4,611$25,174
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $204,917 across 7 lines filed
VIII-1b Membership dues$5,984
VIII-1e Government grants$69,960
VIII-1f All other contributions, gifts and grants$120,439
VIII-1h Total contributions, gifts and grants$196,383
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$8,528
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $6$6
VIII-12 Total revenueRelated to mission $8,528 · Unrelated business $0 · Excluded from tax $6$204,917
Part IX · Statement of functional expenses $179,743 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $47,093 · Management $10,867 · Fundraising $14,490$72,450
IX-7 Other salaries and wagesPrograms $47,679 · Management $0 · Fundraising $0$47,679
IX-10 Payroll taxesPrograms $6,807 · Management $2,094 · Fundraising $1,570$10,471
IX-11c Accounting feesPrograms $4,630 · Management $635 · Fundraising $635$5,900
IX-11g Other fees for servicesPrograms $1,173 · Management $62 · Fundraising $0$1,235
IX-12 Advertising and promotionPrograms $481 · Management $0 · Fundraising $0$481
IX-13 Office expensesPrograms $1,755 · Management $110 · Fundraising $329$2,194
IX-14 Information technologyPrograms $1,383 · Management $173 · Fundraising $173$1,729
IX-17 TravelPrograms $222 · Management $110 · Fundraising $110$442
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $742 · Fundraising $0$742
IX-23 InsurancePrograms $5,452 · Management $287 · Fundraising $0$5,739
IX-24 Other expenses (24a–d)Programs $28,617 · Management $383 · Fundraising $383$29,383
IX-24e All other expensesPrograms $1,022 · Management $59 · Fundraising $217$1,298
IX-25 Total functional expensesPrograms $146,314 · Management $15,522 · Fundraising $17,907$179,743
Part X · Balance sheet $169,252 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $70,655$50,715
X-2 Savings and temporary cash investmentsStart of year $43,782$78,787
X-3 Pledges and grants receivableStart of year $38,153$37,154
X-10c Land, buildings and equipment, netStart of year $742$2,596
X-16 Total assetsStart of year $153,332$169,252
X-17 Accounts payable and accrued expensesStart of year $17,630$8,376
X-26 Total liabilitiesStart of year $17,630$8,376
X-27 Net assets without donor restrictionsStart of year $63,720$88,894
X-28 Net assets with donor restrictionsStart of year $71,982$71,982
X-32 Total net assets or fund balancesStart of year $135,702$160,876
X-33 Total liabilities and net assetsStart of year $153,332$169,252
Part XI · Reconciliation of net assets $160,876 net assets at year end
XI-1 Total revenue$204,917
XI-2 Total expenses$179,743
XI-3 Revenue less expenses$25,174
XI-4 Net assets at start of year$135,702
XI-10 Net assets at end of year$160,876

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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