New Horizons of Southwest Florida

The information on this page was last updated 12/22/2023. If you see errors or omissions, please email: [email protected]


Summary



New Horizons of SWFL successfully changes the lives of under-resourced students by providing tutoring, mentoring and character-building programs at its trusted neighborhood clubs. New Horizons of SWFL currently serves hundreds of K-12 students alongside dedicated volunteers at 10 locations across Naples, Bonita Springs, Estero and Fort Myers.


Contact information

Mailing address:
New Horizons of Southwest Florida
PO Box 111833
Naples, FL 34108

Website: newhorizonsofswfl.org

Phone: 239-948-4146

Email: [email protected]


Organization details

EIN: 113678086

CEO/President: Linda Cunning

Chairman: Edith A. Hunt

Board size: 14

Founder: Bob and Ellen Nichols

Ruling year: 2003

Tax deductible: Yes

Fiscal year end: 08/31

Member of ECFA: Yes

Member of ECFA since: 2022


Purpose

It is the vision of New Horizons of SWFL to see all at-risk youth complete high school with a plan for the future to become contributing members of society.


Mission statement

New Horizons of SWFL's mission is to empower under-resourced youth to reach their full potential through tutoring, mentoring and faith-building.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating60 of 110213 of 122
Fund acquisition rating304 of 110331 of 122
Resource allocation rating181 of 110340 of 122
Asset utilization rating106 of 110213 of 122

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%4%3%1%1%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%4%3%1%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
88%99%99%101%100%103%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%5%3%1%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
12%1%1%-1%0%-3%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%87%85%84%88%89%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%87%100%95%86%92%
Program output ratio Program output ratio =
Program services /
Total revenue
75%75%85%80%76%82%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%13%0%5%14%8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%27%0%11%31%16%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%9%12%15%11%9%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.841.531.301.371.761.70
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.764.103.522.181.961.28
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.726.274.593.003.442.18
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
16.9613.6718.3638.789.9712.25
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.070.050.030.100.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.271.772.473.903.135.05
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%12%27%28%7%6%
Debt ratio Debt ratio =
Debt /
Total assets
0%10%7%8%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
102%58%56%53%53%55%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$415,784$535,030$784,510$594,377$694,375
Receivables, inventories, prepaids$72,958$70,346$95,528$60,133$54,591
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$488,742$605,376$880,038$654,510$748,966
Long-term investments$0$0$0$0$0
Fixed assets$106,451$154,970$177,899$220,406$159,779
Other long-term assets$1,407,468$1,373,396$860,167$406,208$53,262
Total long-term assets$1,513,919$1,528,366$1,038,066$626,614$213,041
Total assets$2,002,661$2,133,742$1,918,104$1,281,124$962,007
 
Liabilities20222021202020192018
Payables and accrued expenses$35,753$32,964$22,693$65,670$61,150
Other current liabilities$0$0$0$0$0
Total current liabilities$35,753$32,964$22,693$65,670$61,150
Debt$199,900$149,900$149,900$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$387,565$358,913$18,470$0
Total long-term liabilities$199,900$537,465$508,813$18,470$0
Total liabilities$235,653$570,429$531,506$84,140$61,150
 
Net assets20222021202020192018
Without donor restrictions$1,727,780$1,509,168$1,247,314$1,042,584$729,834
With donor restrictions$39,228$54,145$139,284$154,400$171,023
Net assets$1,767,008$1,563,313$1,386,598$1,196,984$900,857
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$3,507,999$2,771,561$2,807,384$2,627,805$1,828,518
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$61,326$25,525$18,185$21,105$5,445
Other revenue($31,264)($10,300)($38,757)($18,913)($56,527)
Total other revenue$30,062$15,225($20,572)$2,192($51,082)
Total revenue$3,538,061$2,786,786$2,786,812$2,629,997$1,777,436
 
Expenses20222021202020192018
Program services$2,657,751$2,356,659$2,220,038$1,986,564$1,459,151
Management and general$265,941$330,702$391,776$239,515$154,944
Fundraising$140,412$93,267$25,184$28,219$19,736
Total expenses$3,064,104$2,780,628$2,636,998$2,254,298$1,633,831
 
Change in net assets20222021202020192018
Surplus (deficit)$473,957$6,158$149,814$375,699$143,605
Other changes in net assets$0$0$0$0$0
Total change in net assets$473,957$6,158$149,814$375,699$143,605

Compensation

NameTitleCompensation
Linda M Cunning PhdExecutive Di$105,000
Liz BacerraOperations D$65,000

Compensation data as of: 8/31/2022


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 12/22/2023. To update the information below, please email: [email protected]


History

In 2002, Bob and Ellen Nichols saw a need to reach children with the message of Jesus Christ in a small Hispanic neighborhood in Bonita Springs. Ellen had been teaching in a local public school and Bob was a professional boat captain. They began their ministry by going door to door and inviting kids to come to the "Super Kids Church," which would meet every Sunday morning at Manna Christian RV Park. This kids-only church became a huge success!

The Nichols family began praying together for God's direction on how to reach more children. Seeing the problems in the neighborhoods, and recognizing the tremendous need to help the children from non-English speaking homes with their schoolwork, Bob and Ellen were led to find a place to provide free after school tutoring.

In January 2003, they opened the first Super Kids Club in Rosemary Park and also founded New Horizons of Southwest Florida. From its first day with 20 children meeting on Wednesday afternoons, New Horizons' Super Kids Club has expanded to multiple locations with a range of programs offered throughout the school year and summer. The Super Teens Club was opened in 2006 in order to continue meeting the needs of students through high school graduation.

By God's amazing grace, New Horizons now includes seven programs that operate throughout the year, providing tutoring, mentoring and faith-building experiences to hundreds of our Southwest Florida's most vulnerable youth.


Program accomplishments

See https://newhorizonsofswfl.org/impact/


Needs