Nonprofit · EIN 84-1123082
THE NEW HORIZONS FOUNDATION INC
Tax-exempt · COLORADO SPGS, CO 80920
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $68,690,282 | $50,788,577 | $17,901,705 | $116,268,654 | $110,692 | $116,157,962 |
| December 31, 2023 | 990 (amended) | $51,724,578 | $49,085,153 | $2,639,425 | $97,534,482 | $21,186 | $97,513,296 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $50,671,732
- Program service revenue
- $0
- Investment income
- $17,724,210
- Net rental income
- $294,340
- Net gain from sales of assets
- $13,444,172
- Other revenue
- $294,340
Expenses
- Grants and similar amounts paid
- $28,197,115
- Compensation of officers, directors and key employees
- $419,291
- Other salaries and wages
- $822,129
- Salaries, compensation and benefits (total)
- $1,755,267
- Professional fundraising fees
- $0
- Legal fees
- $4,000
- Accounting fees
- $74,612
- Occupancy
- $219,471
- Travel
- $11,273
- Depreciation
- $170,304
- Program services (functional)
- $48,381,370
- Management and general (functional)
- $2,407,207
Balance sheet and other
- Total assets, start of year
- $97,534,482
- Total assets, end of year
- $116,268,654
- Total liabilities, end of year
- $110,692
- Net assets, end of year
- $116,157,962
- Land, buildings and equipment
- $8,400,929
- Publicly traded securities
- $73,946,680
- Net assets without donor restrictions
- $92,308,574
- Net assets with donor restrictions
- $23,849,388
- Gross receipts
- $102,319,464
- Employees
- 20
- Volunteers
- 950
- Year formed
- 1989
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Christopher Rosenhahn | CFO & Corporate Secretary Officer | 40 | $145,127 | $33,350 |
| Steven Prensner | CEO & President Trustee or director, Officer | 40 | $68,315 | $86,734 |
| Gregory Smith | Vice President of Outreach Highest-paid employee | 40 | $116,497 | $32,297 |
| V William Moritz | VP & Executive Director Trustee or director, Officer | 40 | $67,108 | $11,399 |
| Barbara Tompkins | Director Trustee or director | 1 | $0 | $0 |
| Dave Gresham | Director Trustee or director | 1 | $0 | $0 |
| DR Jerry E White | Director Trustee or director | 1 | $0 | $0 |
| Eric Danos | Director Trustee or director | 1 | $0 | $0 |
| Gail Jones | Director Trustee or director | 1 | $0 | $0 |
| Gary Daniel | Treasurer Trustee or director | 1 | $0 | $0 |
| Kirk Humphreys | Director Trustee or director | 1 | $0 | $0 |
| Lauren Libby | Board Chairman Trustee or director | 1 | $0 | $0 |
| Leisle Chung | Director Trustee or director | 1 | $0 | $0 |
| Mutua Mahiaini | Director Trustee or director | 1 | $0 | $0 |
| Ronald Halverson | Director Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Todd Jensen | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRIS ROSENHAHN | CORPORATE SECRETARY Officer | 40 | $133,964 | $36,000 |
| STEVE PRENSNER | PRESIDENT Trustee or director, Officer | 40 | $63,673 | $84,000 |
| V WILLIAM MORITZ | VP/EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $141,055 | $6,000 |
| LAUREN LIBBY | BOARD CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| GARY DANIEL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RONALD HALVERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LEISLE CHUNG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BARBARA TOMPKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR JERRY E WHITE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIRK HUMPHREYS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GAIL JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVE GRESHAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MUTUA MAHINI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC DANOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 731 CHAPEL HILLS DR, COLORADO SPGS, CO 80920-3949
- Principal officer (990 for 2024)
- STEVEN PRENSNER, 731 CHAPEL HILLS DR, COLORADO SPRINGS, CO 80920
- Signed the 990
- STEVEN PRENSNER, CEO
- Phone
- (719) 260-1213
- Return prepared by
- Forvis Mazars LLP
Mission
The Objective of the New Horizons Foundation is to help individuals accomplish their charitable objectives in religious, educational, scientific, benevolent and health related activities
Program accomplishments
- HELP INDIVIDUALS ACCOMPLISH THEIR CHARITABLE OBJECTIVES IN RELIGIOUS, EDUCATIONAL, SCIENTIFIC, BENEVOLENT AND HEALTH RELATED ACTIVITIES.Expenses $48,381,370 · grants $47,463,726
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-1123082
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $116,268,654
- Income (IRS master file)
- $102,319,464
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $68,690,282 | $50,788,577 | $116,268,654 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $51,724,578 | $49,085,153 | $97,534,482 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $56,296,980 | $40,799,043 | $100,167,136 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-1123082).
Questions about THE NEW HORIZONS FOUNDATION INC
- What is the EIN of THE NEW HORIZONS FOUNDATION INC?
- The employer identification number (EIN) of THE NEW HORIZONS FOUNDATION INC is 84-1123082.
- Is THE NEW HORIZONS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to THE NEW HORIZONS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE NEW HORIZONS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE NEW HORIZONS FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE NEW HORIZONS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE NEW HORIZONS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names STEVEN PRENSNER.
- Who are the officers and directors of THE NEW HORIZONS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 4 received compensation from the organization, the highest $145,127 (Christopher Rosenhahn, CFO & Corporate Secretary).
- How much revenue does THE NEW HORIZONS FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $68,690,282, expenses of $50,788,577 and total assets of $116,268,654 at year end.
Other nonprofits in COLORADO SPGS
- CHRISTIAN COMMUNITY FOUNDATION INC EIN 75-1750059 · last filed 990 for 2025
- EL POMAR FOUNDATION EIN 84-6002373 · last filed 990-PF for 2025
- NORWOOD FOUNDATION EIN 01-0705471 · last filed 990-PF for 2024
- WATERSTONE SUPPORT FOUNDATION INC EIN 84-1430063 · last filed 990 for 2025
- COLORADO SPRINGS HEALTH FOUNDATION EIN 46-1076026 · last filed 990 for 2025
- PIKES PEAK COMMUNITY FOUNDATION EIN 84-1339670 · last filed 990 for 2025
- NATIONAL FOUNDATION INC EIN 54-1230512 · last filed 990 for 2025
- WATERSTONE REAL ESTATE FOUNDATION EIN 85-3458068 · last filed 990 for 2025
All nonprofits in COLORADO SPGS · Colorado · Philanthropy, voluntarism and grantmaking foundations