2024-05-14T09:23:20-05:00 2023-06-30 221478099 COHNREZNICK LLP 707 WILSHIRE BLVD STE 4950 LOS ANGELES CA 90017 990 2022-07-01 951862084 NEW HORIZONS - SERVING INDIVIDUALS WITH SPECIAL NEEDS NEWH 8188949301 15725 PARTHENIA STREET NORTH HILLS CA 91343 DIANE THORSELL CHIEF FIN. AND ADMIN. OFFICER 8188949301 2024-05-13 1 DIANE THORSELL 999009999 0 JOLANTA TUCK CPA P01340068 3108439700 2024-05-12 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN C BRAUER 15725 PARTHENIA STREET NORTH HILLS CA 91343 17712717 0 X WWW.NEWHORIZONS-SFV.ORG X 1954 MA SERVING INDIVIDUALS WITH SPECIAL NEEDS EMPOWERS INDIVIDUALS TO REACH THEIR FULL POTENTIAL. 19 19 343 283 0 0 15373763 15951027 443909 187572 91605 349526 1068570 238758 16977847 16726883 0 0 0 0 10458667 11426114 0 0 457691 3623265 4453546 14081932 15879660 2895915 847223 20061859 21645756 2534295 2983611 17527564 18662145 X NEW HORIZONS IS A NONPROFIT ORGANIZATION DEDICATED TO EMPOWERING INDIVIDUALS WITH SPECIAL NEEDS (AGE 16 AND OLDER) TO REACH THEIR FULL POTENTIAL AND FULFILL THEIR DREAMS. FOUNDED IN 1954 BY EIGHT PARENTS WHOSE CHILDREN HAD SPECIAL NEEDS, (SEE SCHEDULE O)THE AGENCY HAS EVOLVED TO PROVIDE SERVICES AND SUPPORT EACH YEAR TO MORE THAN 1,100 INDIVIDUALS THROUGHOUT THE GREATER SAN FERNANDO AND SANTA CLARITA VALLEYS OF LOS ANGELES. NEW HORIZONS OFFERS JOB TRAINING AND PLACEMENT, EDUCATION, COUNSELING, RESIDENTIAL SERVICES, SOCIAL PROGRAMS AND PERSON-CENTERED PLANNING WITH A FOCUS ON COMMUNITY INTEGRATION, HELPING EACH INDIVIDUAL GAIN THE CONFIDENCE, SKILLS, DIGNITY AND INDEPENDENCE AT THEIR HIGHEST LEVEL. 0 0 14124110 247450 NEW HORIZONS OPERATES THE FOLLOWING SERVICES:1. NEW HORIZONS OPERATES 13 RESIDENTIAL HOMES LOCATED THROUGHOUT THE SAN FERNANDO VALLEY AREA OF LOS ANGELES. HOMES VARY IN TERMS OF THE STRUCTURE, DESIGN AND LEVEL OF CARE, BUT EACH IS DEDICATED TO ASSISTING OUR MEMBERS LIVE FULL AND FULFILLING LIVES.2. NEW HORIZONS (NH) ALSO PROVIDES COMMUNITY LIVING SUPPORT SERVICES, FOCUSING ON ASSISTING INDIVIDUALS TO LIVE THEIR BEST LIVES AS ACTIVE PARTICIPANTS IN THEIR COMMUNITIES. NH ALSO OFFERS A SPECIALTY SERVICE TO INDIVIDUALS WHO ARE HOUSE-BOUND TO ENRICH THEIR LIFE EXPERIENCES.3. NEW HORIZONS PROVIDES A FULL ARRAY OF EMPLOYMENT TRAINING AND PLACEMENT SERVICES, FROM VOLUNTEERING, TO PAID INTERNSHIPS, TO SUPPORTED EMPLOYMENT (GROUP AND INDIVIDUAL) TO DIRECT (SEE SCHEDULE O)PLACEMENT SERVICES. ANNUALLY, NEW HORIZONS SERVES OVER 400 MEMBERS IN ONE OR MORE OF THESE SERVICES.4. NH OFFERS A ROBUST COMMUNITY LEARNING CENTER WITH IN-PERSON AND VIRTUAL LEARNING OPTIONS. THIS INCLUDES COMMUNITY-BASED ACTIVITIES AND SPECIALTY CURRICULUM IN TECHNOLOGY, MEDIA ARTS, AND OTHER AREAS OF INTEREST TO THE MEMBERS.5. IN ADDITION, NH HAS A NUMBER OF SPECIALTY PROGRAMS, DESIGNED TO SUPPORT GROWTH, TRAINING AND INDEPENDENCE. THESE PROGRAMS INCLUDE OUR GO4GROCERY PROGRAM, A COLLEGE TO CAREER & MORE ENDEAVOR, AND OUR YOUTH NAVIGATION PROGRAM. 14124110 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 1 134 0 1 343 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X DIANE THORSELL 8188949304 15725 PARTHENIA STREET NORTH HILLS CA 91343 X KEN MILES CHAIR 5.00 X X 0 0 0 GLENN BAKER VICE CHAIR 5.00 X X 0 0 0 STUART JAFFE TREASURER 5.00 X X 0 0 0 GREG BUESING SECRETARY 5.00 X X 0 0 0 RON BURKHARDT MEMBER AT LARGE 5.00 X 0 0 0 NATHAN B ADLEN DIRECTOR 3.00 X 0 0 0 BRIAN ANDERSON DIRECTOR 3.00 X 0 0 0 LISA WESTFIELD AVENT DIRECTOR 3.00 X 0 0 0 F SHAWN AZIZOLLAHI DIRECTOR 3.00 X 0 0 0 COLIN DONAHUE DIRECTOR 3.00 X 0 0 0 JOHN D EISSELE DIRECTOR 3.00 X 0 0 0 E MARK FISHMAN DIRECTOR 5.00 X 0 0 0 JERRY HILECHER DIRECTOR 3.00 X 0 0 0 KRISTEN MAYS DIRECTOR 3.00 X 0 0 0 PATRICK MURRAY DIRECTOR 3.00 X 0 0 0 JEFF NOBLIT DIRECTOR 3.00 X 0 0 0 GEORGE STEVENS DIRECTOR 3.00 X 0 0 0 GAIL WATTS DIRECTOR 3.00 X 0 0 0 CHRIS ZEIDEL DIRECTOR 3.00 X 0 0 0 JOHN C BRAUER PRESIDENT & CEO 40.00 X 333526 0 8068 DIANE THORSELL CHIEF FINANCIAL AND ADMINISTRATIVE OFFICER 40.00 X 199939 0 13289 DAVID YAEGER VP OF PROPERTY AND ASSET MANAGEMENT 40.00 X 158512 0 3170 JESSE FUNES VP OF FINANCIAL PLANNING & ANALYSIS 40.00 X 137094 0 6541 SRIDHARA RAO CONTROLLER 40.00 X 108300 0 4508 JENNIFER LEYRETANA SR. DIRECTOR OF HUMAN RESOURCES 40.00 X 111682 0 7624 FE VIUDEZ REGISTERED NURSE 40.00 X 100808 0 0 TETYANA WYNTER VP OF MEMBER SERVICES 40.00 X 105692 0 5343 1255553 0 48543 8 0 1 0 PROPERTY REMODELING AND SERVICES 20058 VENTURA BLVD WOODLAND HILLS CA 91364 REMODELING SERVICES 137633 1 259559 14890374 801094 15520 15951027 LOW-INCOME CONSUMER RENT 531110 106093 106093 TUITION AND FEES 611710 81479 81479 187572 140127 140127 262648 0 262648 262648 262648 998380 788981 209399 209399 209399 89585 259559 196853 -107268 -107268 GAIN ON DISPOSAL OF ASSETS 900099 23500 23500 INSURANCE PROCEEDS 900099 19682 19682 40196 40196 83378 16726883 247450 0 528406 799377 754199 29286 15892 9313950 8808665 326737 178548 41918 36503 3627 1788 504079 438967 43615 21497 766790 666406 74662 25722 15491 11324 4167 60968 14077 46891 45096 38037 7059 30924 30924 318214 181713 91630 44871 470848 358015 71315 41518 234915 204388 28313 2214 321048 284425 28879 7744 681781 630747 44615 6419 RESIDENTIAL PROGRAMS 563603 563603 STAFF DEVELOPMENT 555253 535227 15803 4223 REPAIRS AND MAINTENANCE 520812 373886 139461 7465 AFFILIATE RESERVE 287625 287625 346968 223928 23250 99790 15879660 14124110 1297859 457691 2276244 1321217 1607234 611597 200000 160975 1659507 2330730 254208 167291 10272221 7305624 2863093 2966597 8372942 10969709 245751 2828631 2871889 20061859 21645756 1551095 1804426 82050 98350 29247 26085 15762 6180 856141 1048570 2534295 2983611 X 13304414 13975934 4223150 4686211 17527564 18662145 20061859 21645756 847223 287358 0 X 0 1 X 1 0 X 16373216 15433209 16437633 15373763 15951027 79568848 16373216 15433209 16437633 15373763 15951027 79568848 79568848 300157 165166 222826 330767 402775 1421691 13547 13547 15728 76516 28740 956839 83378 1161201 82165287 1927791 0.96840 0.96740 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 13,871. 2019 AMOUNT: $ 72,527. 2020 AMOUNT: $ 28,740. 2021 AMOUNT: $ 32,615. 2022 AMOUNT: $ 40,196. INSURANCE PROCEEDS - 2018 AMOUNT: $ 1,857. 2019 AMOUNT: $ 3,989. 2022 AMOUNT: $ 19,682. CY PRES AWARD - 2021 AMOUNT: $ 924,224. GAIN ON DISPOSAL OF ASSETS - 2022 AMOUNT: $ 23,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 4621133 425440 5046573 5096275 -475142 4621133 3477796 750000 868479 5096275 3377852 118372 18428 3477796 3186407 22954 273690 105199 3377852 0.16430 0.60770 0.22800 0 0 162911 162911 7252954 4675364 2577590 2856356 2630260 226096 2966597 PROJECTS IN DEVELOPMENT 2523298 REPLACEMENT RESERVES 317506 CUSTOMER TRUST ACCOUNTS 26085 TENANT DEPOSITS HELD IN TRUST 5000 2871889 FINANCING LEASE LIABILITY 192755 CONTRACTUAL ALLOWANCE 850816 TENANT SECURITY DEPOSIT 4999 1048570 X 17170370 287358 187053 474411 16695959 30924 30924 16726883 16035789 187053 187053 15848736 30924 30924 15879660 PART IV, LINE 2B: NEW HORIZONS MAINTAINS CONSUMER TRUST ACCOUNTS ON BEHALF OF ITS CLIENTS, WITH A CORRESPONDING CONSUMER TRUST ACCOUNT LIABILITY. PART V, LINE 4: THE ENDOWMENT HAS BEEN ESTABLISHED TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2023. DUE TO ITS TAX-EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS THAT MUST BE CONSIDERED FOR DISCLOSURE. THE ORGANIZATION DOES NOT BELIEVE THEIR FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2022 ARE CLOSED. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES RECLASSIFIED TO REVENUE 187,053. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES RECLASSIFIED TO REVENUE 187,053. ANNUAL GALA 213576 172801 40775 122 14995 27308 28238 49322 GOLF TOURNAMENT 114704 73544 41160 22160 11400 14828 6588 1 20864 13214 7650 642 8832 250 12168 349144 259559 89585 22924 14995 11400 50968 28488 68078 196853 -107268 X X X 0 0 0 0 0 0 0 1 0 JOHN C BRAUER PRESIDENT & CEO 317509 0 16000 0 17 0 1250 0 6818 0 341594 0 0 0 DIANE THORSELL CHIEF FINANCIAL AND ADMINISTRATIVE O 190922 0 9000 0 17 0 4076 0 9213 0 213228 0 0 0 DAVID YAEGER VP OF PROPERTY AND ASSET MANAGEMENT 142868 0 15627 0 17 0 3170 0 0 0 161682 0 0 0 PART I, LINE 7 DAVID YAEGER RECEIVED A DISCRETIONARY BONUS WHICH WAS INCLUDED IN FORM W-2 AND REPORTED ON SCHEDULE J, PART II, COLUMN B(II). THE BONUS IS DETERMINED BASED ON A PERCENTAGE OF BASE WAGES. ANNA BUESING DAUGHTER OF BOARD MEMBER 15293 EMPLOYEE SALARY 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS ON OCTOBER 26, 2022. THE FOLLOWING WERE DETERMINED TO BE SIGNIFICANT CHANGES: 1. MINIMUM BOARD MEMBERS IS NOW 15 WITH AN ESCAPE ROUTE TO GIVE THE BOARD TIME TO BUILD BACK UP TO 15. 2. THERE IS NOW A THOROUGH NOMINATING PROCESS AND NOMINATIONS CANNOT BE TAKEN FROM THE FLOOR. 3. IT IS CLEARLY DEFINED THAT THE PRESIDENT IS A NON-VOTING OFFICER AND WOULD BE APPOINTED BY THE BOARD UNDER A CONTRACT. 4. THE VOTE TO REMOVE AN OFFICER WAS INCREASED TO A TWO-THIRDS VOTE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA, REVIEWED AND APPROVED BY MANAGEMENT AND THE AUDIT COMMITTEE, AND SUBMITTED TO BOARD OF DIRECTORS EXECUTIVE COMMITTEE FOR FINAL APPROVAL. A COPY OF THE FINAL FORM 990 IS THEN SENT ELECTRONICALLY TO ALL BOARD MEMBERS PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE THE JCYC CONFLICT OF INTEREST POLICY DURING ON-BOARDING PROCESS. IF A CONFLICT IS IDENTIFIED, IT IS DISCLOSED TO THE RELEVANT EMPLOYEES SUCH AS THE FISCAL DEPARTMENT AND HUMAN RESOURCE DEPARTMENT. A SPECIAL PROCESS IS DEVELOPED TO ENSURE THAT ANY TRANSACTIONS BETWEEN RELATED PARTIES ARE AUDITED BY JCYC. THE CONFLICT OF INTEREST POLICY IS REVIEWED EVERY 2 YEARS, OR IF AN INTEREST OCCURS. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR, THE BOARD REVIEWS THE PERFORMANCE OF THE CHIEF EXECUTIVE OFFICER IN KEEPING WITH PROCEDURES OUTLINED IN THE NEW HORIZONS BOARD ORIENTATION MANUAL. AS A PART OF THIS YEARLY REVIEW PROCESS, THE CHIEF EXECUTIVE OFFICER PROVIDES A SELF REVIEW OF PERFORMANCE, AND THE BOARD'S EXECUTIVE COMMITTEE DEVELOPS AN EVALUATION TO SUBMIT TO THE BOARD. THE REVIEW ALSO INCLUDES A COMPARISON OF THE NEW HORIZONS CHIEF EXECUTIVE OFFICER'S COMPENSATION WITH THAT OF OTHER NONPROFIT ORGANIZATIONS AS COMPILED BY AN EXTERNAL SURVEY DEVELOPED BY THE CENTER FOR NON-PROFIT MANAGEMENT OR OTHER REPUTABLE INDEPENDENT SOURCE. FINAL DECISIONS REGARDING COMPENSATION AND THE OUTCOMES OF THE REVIEW, INCLUDING ANY RECOMMENDED PERFORMANCE-IMPROVEMENT ACTIONS, ARE VOTED ON BY THE FULL BOARD FOLLOWING A PRESENTATION OF FINDINGS BY THE EXECUTIVE COMMITTEE AT A REGULAR BOARD MEETING. THE CHIEF EXECUTIVE OFFICER DOES NOT ATTEND THIS PART OF THE BOARD MEETING. RATHER, THE CHAIR OF THE BOARD CONVEYS DECISIONS REACHED BY THE FULL BOARD TO THE CHIEF EXECUTIVE OFFICER ON THE BOARD'S BEHALF. DOCUMENTATION OF THE REVIEW PROCESS, COMPENSATION COMPARISON DATA AND COMPENSATION DECISIONS ARE KEPT IN FILES HELD BY THE BOARD CHAIR. THE HEAD OF THE NEW HORIZONS HUMAN RESOURCES UNIT ALSO KEEPS DUPLICATE FILES. ALL ASPECTS OF THE REVIEW PROCESS AND ALL RELATED DOCUMENTS WILL BE KEPT CONFIDENTIAL AND SHARED ONLY ON A NEED-TO-KNOW BASIS WITH THE APPROVAL OF BOTH THE BOARD CHAIR AND THE CHAIR OF THE GOVERNANCE COMMITTEE. SIMILAR POLICIES AND PROCEDURES ARE FOLLOWED FOR OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO EXECUTIVE STAFF AND THE BOARD OF DIRECTORS. UPON REQUEST FROM THE GENERAL PUBLIC, THE ORGANIZATION WILL PROVIDE ACCESS TO THESE DOCUMENTS AS REQUIRED BY LAW. FORM 990, PART VII, SECTION A: EMPLOYEE COMPENSATION THE ORGANIZATION'S FORMS W-2 ARE ISSUED BY MODERN HR, INC., A PROFESSIONAL EMPLOYER ORGANIZATION. DISCOVERING HORIZONS 15725 PARTHENIA STREET NORTH HILLS CA 91343 954842508 HOUSING FOR THE DEVELOPMENTALLY DISABLED CA 501(C)(3) LINE 7 NEW HORIZONS - SERVING INDIVIDUALS WITH SPECIAL NEEDS 1 RAINBOW HORIZONS 15725 PARTHENIA STREET NORTH HILLS CA 91343 954389218 HOUSING FOR THE DEVELOPMENTALLY DISABLED CA 501(C)(3) LINE 7 NEW HORIZONS - SERVING INDIVIDUALS WITH SPECIAL NEEDS 1 RESEDA HORIZONS 15725 PARTHENIA STREET NORTH HILLS CA 91343 954842511 HOUSING FOR THE DEVELOPMENTALLY DISABLED CA 501(C)(3) LINE 7 NEW HORIZONS - SERVING INDIVIDUALS WITH SPECIAL NEEDS 1 RESEDA RANCH 15725 PARTHENIA STREET NORTH HILLS CA 91343 800800539 HOUSING FOR THE DEVELOPMENTALLY DISABLED CA 501(C)(3) LINE 7 NEW HORIZONS - SERVING INDIVIDUALS WITH SPECIAL NEEDS 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 DISCOVERING HORIZONS D 988383 FMV RAINBOW HORIZONS D 186908 FMV RESEDA HORIZONS D 260658 FMV RESEDA RANCH D 887089 FMV