Program areas at New Horizons Educational Foundation
Provide Educational scholarships to 21 students and financial assistance (honorariums)to 35 individuals to purchase the necessary incidentals to enter the workplace.
A special education facility is being leased to New Horizons regional education center for 15 years (the term of the bond debt used to construct the facililty as described in schedule o). The lease payments being made are equal to the debt service payments due on the loan.
Provide funds to New Horizons regional education center for programs, equipment, staff training, and student incentives.
Who funds New Horizons Educational Foundation
Grants from foundations and other nonprofits
Personnel at New Horizons Educational Foundation
| Name | Title | Compensation | Date of data |
|---|
| Heather Cordasco | President | $0 | 2021-05-14 |
Financials for New Horizons Educational Foundation
| Revenues | FYE 06/2022 | FYE 06/2021 | % Change |
|---|
| Total grants, contributions, etc. | $158,310 | $197,237 | -19.7% |
| Program services | $1,027,848 | $1,027,848 | - |
| Investment income and dividends | $738 | $2,055 | -64.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $-9,047 | $-6 | -150683.3% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $39 | $0 | 999% |
| Total revenues | $1,177,888 | $1,227,134 | -4% |
Organizations like New Horizons Educational Foundation
| Organization | Type | Location | Revenue |
|---|
| Partners in Education Foundation | 501(c)(3) | El Dorado, KS | $332,801 |
| Powhatan Education Foundation | 501(c)(3) | Powhatan, VA | $568,638 |
| Ohio Restaurant Association Education Foundation | 501(c)(3) | Columbus, OH | $708,389 |
| Henrico Education Foundation | 501(c)(3) | Henrico, VA | $5,313,927 |
| Risd Excellence in Education Foundation | 501(c)(3) | Richardson, TX | $565,270 |
| Carmel Clay Education Foundation | 501(c)(3) | Carmel, IN | $307,366 |
| Manatee Education Foundation | 501(c)(3) | Bradenton, FL | $815,733 |
| I Have A Dream Foundation Of Boulder County | 501(c)(3) | Boulder, CO | $4,578,837 |
| Elkhorn Public Schools Foundation | 501(c)(3) | Elkhorn, NE | $5,717,262 |
| Granite Education Foundation | 501(c)(3) | Salt Lake City, UT | $3,029,089 |
Data update history
March 28, 2023
Used new vendors
Identified 1 new vendor, including
October 15, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
June 24, 2021
Updated personnel
Identified 11 new personnel
May 24, 2021
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersCharities
Issues
Education
Characteristics
Fundraising eventsProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
- Address
- 520 Butler Farm Rd
- Hampton, VA 23666
- Metro area
- Virginia Beach-Norfolk-Newport News, VA-NC
- County
- Hampton city, VA
- Website URL
- nhrec.org/foundation/board-of-directors/Â
- Phone
- (757) 766-1100
IRS details
- EIN
- 54-1674644
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1997
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B90: Educational Services
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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