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
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 71 of 1106 | 12 of 122 |
| Fund acquisition rating | | 331 of 1107 | 32 of 122 |
| Resource allocation rating | | 180 of 1107 | 40 of 122 |
| Asset utilization rating | | 120 of 1106 | 14 of 122 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 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 | 92% | 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 | 8% | 1% | 1% | -1% | 0% | -3% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
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 | 4% | 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 ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.84 | 1.53 | 1.30 | 1.37 | 1.76 | 1.70 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.76 | 4.10 | 3.52 | 2.18 | 1.96 | 1.28 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.77 | 6.27 | 4.59 | 3.00 | 3.44 | 2.18 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.67 | 13.67 | 18.36 | 38.78 | 9.97 | 12.25 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.07 | 0.05 | 0.03 | 0.10 | 0.08 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.08 | 1.77 | 2.47 | 3.90 | 3.13 | 5.05 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 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 | 101% | 58% | 56% | 53% | 53% | 55% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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
| Name | Title | Compensation |
| Linda M Cunning Phd | Executive Di | $105,000 |
| Liz Bacerra | Operations 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/