EIN 45-3751544

New Horizons Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Hobbs
Year formed
2013
Most recent tax filings
2022-06-01
NTEE code, primary
Description
The New Horizons Foundation funds the ongoing use and application of the master cooperative research and development agreement (crada) with the u.s. army. The foundation is a private nonprofit located in Hobbs, NM.
Also known as...
NMJC Research Foundation
Total revenues
$350,000
2022
Total expenses
$269,786
2022
Total assets
$800,979
2022
Num. employees
n/a

Program areas at New Horizons Foundation

Funding the ongoing use and application of the master cooperative research and development agreement (crada) with the u.s. army research laboratory system (arl) and the u.s. army research, development, and engineering center (ardec), to license technologies and access capabilities from within the labs.
Funding for the technology transfer team of professionals who possess a wide range of skils and expertise that gives southeastern New mexico capabilities that have never been available for knowledge-based economic development before.
Funding the operations and capabilities at the dod labs and within lea county to commercialize technologies licensed from within the dod lab network or discovered by entrepreneurs who live in the permian basin.
Gain on sale of cold spray equipment

Personnel at New Horizons Foundation

NameTitleCompensation
Steve PrensnerPresident and Chief Executive Officer
Dennis HolmbergInterim Executive Director , NHF Office / Interim Managing Director$65,000
Chris RosenhahnDirector of Finance
Dave HoldsInternational Development Director
Ureu SiinDirector of Outreach
...and 3 more key personnel

Financials for New Horizons Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$350,000
Investment income and dividends$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$350,000

Form 990s for New Horizons Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-062021-06-21990PFView PDF
2019-062021-05-12990PFView PDF
2018-062020-07-06990PRView PDF
2017-062018-07-18990PFView PDF
2016-062017-08-01990PFView PDF
...and 3 more Form 990s
Data update history
July 3, 2023
Updated personnel
Identified 3 new personnel
May 20, 2023
Updated personnel
Identified 1 new personnel
December 22, 2022
Updated personnel
Identified 15 new personnel
May 20, 2022
Posted financials
Added Form 990PF for fiscal year 2020
May 20, 2022
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsMilitary and veteran charitiesCharities
Issues
Military and veterans
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
5317 N Lovington Hwy
Hobbs, NM 88240
County
Lea County, NM
Website URL
nhfoundation.net/ 
Phone
(575) 392-4510
IRS details
EIN
45-3751544
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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