2026-04-09T16:27:02-05:00 2025-06-30 333709623 COHNREZNICK ADVISORY LLC 707 WILSHIRE BLVD STE 4950 LOS ANGELES CA 90017 990 2024-07-01 951862084 NEW HORIZONS - SERVING INDIVIDUALS WITH SPECIAL NEEDS NEWH 8188949301 15725 PARTHENIA STREET NORTH HILLS CA 91343 JESSE FUNES CHIEF FINANCIAL OFFICER 8188949301 2026-04-05 1 1 JOLANTA TUCK P01340068 3108439700 2026-04-03 2024 2025-03-06 01:10:19Z JOHN C BRAUER 15725 PARTHENIA STREET NORTH HILLS CA 91343 24100913 0 X WWW.NEWHORIZONS-SFV.ORG X 1954 CA SERVING INDIVIDUALS WITH SPECIAL NEEDS EMPOWERS INDIVIDUALS TO REACH THEIR FULL POTENTIAL. 19 18 433 382 0 0 17832377 21007870 525973 190758 483366 818697 288334 321259 19130050 22338584 0 0 0 0 13367354 15284094 0 0 419113 4749983 5351009 18117337 20635103 1012713 1703481 23036263 32564489 2875600 2381977 20160663 30182512 X NEW HORIZONS IS A NONPROFIT ORGANIZATION DEDICATED TO EMPOWERING INDIVIDUALS WITH SPECIAL NEEDS (AGE 16 AND OLDER) TO REACH THEIR FULL POTENTIAL AND FULFILL THEIR DREAMS. FOUNDED IN 1954 BY EIGHT PARENTS WHOSE CHILDREN HAD SPECIAL NEEDS, (SEE SCHEDULE O)THE AGENCY HAS EVOLVED TO PROVIDE SERVICES AND SUPPORT EACH YEAR TO MORE THAN 1,100 INDIVIDUALS THROUGHOUT THE GREATER SAN FERNANDO AND SANTA CLARITA VALLEYS OF LOS ANGELES. NEW HORIZONS OFFERS JOB TRAINING AND PLACEMENT, EDUCATION, COUNSELING, RESIDENTIAL SERVICES, SOCIAL PROGRAMS AND PERSON-CENTERED PLANNING WITH A FOCUS ON COMMUNITY INTEGRATION, HELPING EACH INDIVIDUAL GAIN THE CONFIDENCE, SKILLS, DIGNITY AND INDEPENDENCE AT THEIR HIGHEST LEVEL. 0 0 18758387 239242 NEW HORIZONS OPERATES THE FOLLOWING SERVICES:1. NEW HORIZONS OPERATES 13 RESIDENTIAL HOMES LOCATED THROUGHOUT THE SAN FERNANDO VALLEY AREA OF LOS ANGELES. HOMES VARY IN TERMS OF THE STRUCTURE, DESIGN AND LEVEL OF CARE, BUT EACH IS DEDICATED TO ASSISTING OUR MEMBERS LIVE FULL AND FULFILLING LIVES.2. NEW HORIZONS (NH) ALSO PROVIDES COMMUNITY LIVING SUPPORT SERVICES, FOCUSING ON ASSISTING INDIVIDUALS TO LIVE THEIR BEST LIVES AS ACTIVE PARTICIPANTS IN THEIR COMMUNITIES. NH ALSO OFFERS A SPECIALTY SERVICE TO INDIVIDUALS WHO ARE HOUSE-BOUND TO ENRICH THEIR LIFE EXPERIENCES.3. NEW HORIZONS PROVIDES A FULL ARRAY OF EMPLOYMENT TRAINING AND PLACEMENT SERVICES, FROM VOLUNTEERING, TO PAID INTERNSHIPS, TO SUPPORTED EMPLOYMENT (GROUP AND INDIVIDUAL) TO DIRECT (SEE SCHEDULE O)PLACEMENT SERVICES. ANNUALLY, NEW HORIZONS SERVES OVER 400 MEMBERS IN ONE OR MORE OF THESE SERVICES.4. NH OFFERS A ROBUST COMMUNITY LEARNING CENTER WITH IN-PERSON AND VIRTUAL LEARNING OPTIONS. THIS INCLUDES COMMUNITY-BASED ACTIVITIES AND SPECIALTY CURRICULUM IN TECHNOLOGY, MEDIA ARTS, AND OTHER AREAS OF INTEREST TO THE MEMBERS.5. IN ADDITION, NH HAS A NUMBER OF SPECIALTY PROGRAMS, DESIGNED TO SUPPORT GROWTH, TRAINING AND INDEPENDENCE. THESE PROGRAMS INCLUDE OUR GO4GROCERY PROGRAM, A COLLEGE TO CAREER & MORE ENDEAVOR, AND OUR YOUTH NAVIGATION PROGRAM. 18758387 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 181 0 1 433 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JESSE FUNES 8188949301 15725 PARTHENIA STREET NORTH HILLS CA 91343 X GLENN BAKER CHAIR 5.00 X X 0 0 0 RON BURKHARDT VICE CHAIR 5.00 X X 0 0 0 MUHANNAD MALKI VICE CHAIR 5.00 X X 0 0 0 JOHN D EISSELE TREASURER 5.00 X X 0 0 0 GREGORY BUESING SECRETARY 5.00 X X 0 0 0 ANGELE M CADE DIRECTOR 3.00 X 0 0 0 ANOUSH KERVANIAN DIRECTOR 3.00 X 0 0 0 CHARLES W JENKINS DIRECTOR 3.00 X 0 0 0 E MARK FISHMAN DIRECTOR 3.00 X 0 0 0 GAIL C WATTS DIRECTOR 3.00 X 0 0 0 GEORGE G STEVENS III DIRECTOR 3.00 X 0 0 0 HAYLEY ANTONIAN DIRECTOR 3.00 X 0 0 0 JACK DARAKJIAN DIRECTOR 3.00 X 0 0 0 JERRY F HILECHER DIRECTOR 3.00 X 0 0 0 KEN MILES DIRECTOR 3.00 X 0 0 0 KRISTEN MAYS DIRECTOR 3.00 X 0 0 0 RAFAEL DE LA ROSA DIRECTOR 3.00 X 0 0 0 STUART L JAFFE DIRECTOR 3.00 X 0 0 0 SUSIE THAI DIRECTOR 3.00 X 0 0 0 JOHN C BRAUER PRESIDENT & CEO 40.00 4.00 X 387751 0 14034 DIANE THORSELL CHIEF OPERATING OFFICER 40.00 4.00 X 250377 0 11708 ANTHONY PENNAY SENIOR VP OF STRATEGIC GROWTH 40.00 X 208323 0 9420 JESSE FUNES CHIEF FINANCIAL OFFICER 40.00 X 180966 0 8853 JENNIFER LEYRETANA SR. DIR. OF HUMAN RESOURCES 40.00 X 131858 0 7907 TETYANA WYNTER VP OF MEMBER SERVICES 40.00 X 123763 0 20614 MAREAT BABOOMIAN VP OF EMPLOYMENT SERVICES 40.00 X 119102 0 13918 1402140 0 86454 9 0 1 0 CREATIVE BUS SALES 14740 RAMONA AVENUE CHINO CA 91710 VEHICLE SERVICES 225334 1 356117 19631999 1019754 179439 21007870 LOW-INCOME CONSUMER RENT 531110 100171 100171 MANAGEMENT FEES 611710 90587 90587 190758 150892 150892 314333 0 314333 314333 314333 2248299 1350 1581844 0 666455 1350 667805 667805 117840 356117 180485 -62645 -62645 21087 0 21087 21087 48484 48484 48484 22338584 239242 0 1091472 765532 727053 28624 9855 17544 16652 661 231 12576639 11984894 448638 143107 173890 156417 11173 6300 699339 629066 44935 25338 1051150 948438 75572 27140 27409 21030 5978 401 51327 37860 11042 2425 78299 57755 16844 3700 38442 38442 244722 184294 53028 7400 610733 444355 94687 71691 765447 651744 103351 10352 23241 23241 437214 387637 44027 5550 947836 865752 74306 7778 STAFF DEVELOP/RECRUIT. 819100 748653 67922 2525 RESIDENTIAL PROGRAMS 661122 661122 AFFILIATE RESERVE 319629 319629 CONTRACTUAL ALLOWANCE 165000 165000 161488 47424 18744 95320 20635103 18758387 1457603 419113 1482191 2732089 550670 807985 102500 120295 2936303 2477234 233401 211085 19834890 8055534 3813359 11779356 11419504 12011664 334951 217373 2163384 2207408 23036263 32564489 1588720 1930413 62807 25501 16574 22051 907076 170463 300423 233549 2875600 2381977 X 14752328 24381615 5408335 5800897 20160663 30182512 23036263 32564489 X 1703481 67300 8251068 X 0 1 X 1 0 X 16437633 15373763 15951027 17832377 21007870 86602670 16437633 15373763 15951027 17832377 21007870 86602670 86602670 222826 330767 402775 411619 465225 1833212 13547 21087 34634 28740 956839 83378 155129 48484 1272570 89743086 1588197 0.96500 0.96610 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 28,740. 2021 AMOUNT: $ 32,615. 2022 AMOUNT: $ 40,196. 2023 AMOUNT: $ 148,471. 2024 AMOUNT: $ 48,484. INSURANCE PROCEEDS - 2022 AMOUNT: $ 19,682. 2023 AMOUNT: $ 6,658. CY PRES AWARD - 2021 AMOUNT: $ 924,224. GAIN ON DISPOSAL OF ASSETS - 2022 AMOUNT: $ 23,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 21638 6261 27899 1 X 5640766 2500000 613124 8753890 5046573 594193 5640766 4621133 425440 5046573 5096275 -475142 4621133 3477796 750000 868479 5096275 0.28560 0.60286 0.11155 0 0 4686299 4686299 11383852 5210269 6173583 2339223 2173230 165993 1425516 672035 753481 11779356 PROJECTS IN DEVELOPMENT 1727817 REPLACEMENT RESERVES 451692 CUSTOMER TRUST ACCOUNTS 22052 TENANT DEPOSITS HELD IN TRUST 5847 2207408 FINANCING LEASE LIABILITY 227702 TENANT SECURITY DEPOSIT 5847 233549 X 30928525 67300 129530 8431553 8628383 22300142 38442 38442 22338584 20906676 129530 180485 310015 20596661 38442 38442 20635103 PART IV, LINE 2B: NEW HORIZONS MAINTAINS CONSUMER TRUST ACCOUNTS ON BEHALF OF ITS CLIENTS, WITH A CORRESPONDING CONSUMER TRUST ACCOUNT LIABILITY. PART V, LINE 4: THE ENDOWMENT HAS BEEN ESTABLISHED TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2025. DUE TO ITS TAX-EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS THAT MUST BE CONSIDERED FOR DISCLOSURE. THE ORGANIZATION DOES NOT BELIEVE THEIR FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2022 ARE CLOSED. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES RECLASSIFIED TO REVENUE 180,485. ACQUISITION OF THE CAMPBELL CENTER 8,251,068. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES RECLASSIFIED TO REVENUE 180,485. ANNUAL GALA 244510 200635 43875 171 27923 35141 1600 18758 GOLF TOURNAMENT 141234 92854 48380 731 24243 31666 2 88213 62628 25585 206 4546 1279 22452 525 11244 473957 356117 117840 1108 32469 1279 81836 2125 61668 180485 -62645 21087 1 0.10000 21087 21087 0 0 0 0 0 0 X X X 0 0 0 0 0 0 0 1 0 JOHN C BRAUER PRESIDENT & CEO 363742 0 24000 0 9 0 9131 0 4903 0 401785 0 0 0 DIANE THORSELL CHIEF OPERATING OFFICER 236370 0 14000 0 7 0 5752 0 5956 0 262085 0 0 0 ANTHONY PENNAY SENIOR VP OF STRATEGIC GROWTH 198314 0 10000 0 9 0 4800 0 4620 0 217743 0 0 0 JESSE FUNES CHIEF FINANCIAL OFFICER 170957 0 10000 0 9 0 3945 0 4908 0 189819 0 0 0 PART I, LINE 7 BONUSES WERE PAID IN 2024 TO CERTAIN INDIVIDUALS WHO MET PERFORMANCE GOALS AND METRICS DURING THE YEAR AND THE AMOUNTS HAVE BEEN INCLUDED IN PART II COLUMN B (II) AS TAXABLE INCOME. ANNA BUESING DAUGHTER OF BOARD MEMBER 16879 EMPLOYEE COMPENSATION 0 X 3155 FMV X 2 6182 FMV X 1 1200 FMV X 7 3750 FMV X AUCTION ITEMS 59 32445 FMV X EVENT TICKETS 8 1643 FMV X GIFT CARDS 11 1534 FMV 0 0 0 PART I, COLUMN (B): COLUMN B REPRESENTS NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA, REVIEWED AND APPROVED BY MANAGEMENT AND THE AUDIT COMMITTEE, AND SUBMITTED TO BOARD OF DIRECTORS EXECUTIVE COMMITTEE FOR FINAL APPROVAL. A COPY OF THE FINAL FORM 990 IS THEN SENT ELECTRONICALLY TO ALL BOARD MEMBERS PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY HAS BEEN APPROVED BY THE BOARD OF DIRECTORS. A CONFLICT OF INTEREST DISCLOSURE STATEMENT INCLUDING A LIST OF MAJOR VENDORS WITH WHOM NEW HORIZONS: SERVING INDIVIDUALS WITH SPECIAL NEEDS TRANSACTED BUSINESS DURING THE PREVIOUS YEAR IS FURNISHED ANNUALLY TO EACH DIRECTOR, OFFICER, AND MEMBER OF THE EXECUTIVE STAFF OF NEW HORIZONS. THE FORMS ARE REVIEWED AND SIGNED BY EACH MEMBER WITH ANY CONFLICTS NOTED AND RETURNED TO THE STAFF MEMBER WHO HANDLES BOARD AFFAIRS. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR, THE BOARD REVIEWS THE PERFORMANCE OF THE CHIEF EXECUTIVE OFFICER IN KEEPING WITH PROCEDURES OUTLINED IN THE NEW HORIZONS BOARD ORIENTATION MANUAL. AS A PART OF THIS YEARLY REVIEW PROCESS, THE CHIEF EXECUTIVE OFFICER PROVIDES A SELF REVIEW OF PERFORMANCE, AND THE BOARD'S EXECUTIVE COMMITTEE DEVELOPS AN EVALUATION TO SUBMIT TO THE BOARD. THE REVIEW ALSO INCLUDES A COMPARISON OF THE NEW HORIZONS CHIEF EXECUTIVE OFFICER'S COMPENSATION WITH THAT OF OTHER NONPROFIT ORGANIZATIONS AS COMPILED BY AN EXTERNAL SURVEY DEVELOPED BY THE CENTER FOR NON-PROFIT MANAGEMENT OR OTHER REPUTABLE INDEPENDENT SOURCE. FINAL DECISIONS REGARDING COMPENSATION AND THE OUTCOMES OF THE REVIEW, INCLUDING ANY RECOMMENDED PERFORMANCE-IMPROVEMENT ACTIONS, ARE VOTED ON BY THE FULL BOARD FOLLOWING A PRESENTATION OF FINDINGS BY THE EXECUTIVE COMMITTEE AT A REGULAR BOARD MEETING. THE CHIEF EXECUTIVE OFFICER DOES NOT ATTEND THIS PART OF THE BOARD MEETING. RATHER, THE CHAIR OF THE BOARD CONVEYS DECISIONS REACHED BY THE FULL BOARD TO THE CHIEF EXECUTIVE OFFICER ON THE BOARD'S BEHALF. DOCUMENTATION OF THE REVIEW PROCESS, COMPENSATION COMPARISON DATA AND COMPENSATION DECISIONS ARE KEPT IN FILES HELD BY THE BOARD CHAIR. THE HEAD OF THE NEW HORIZONS HUMAN RESOURCES UNIT ALSO KEEPS DUPLICATE FILES. ALL ASPECTS OF THE REVIEW PROCESS AND ALL RELATED DOCUMENTS WILL BE KEPT CONFIDENTIAL AND SHARED ONLY ON A NEED-TO-KNOW BASIS WITH THE APPROVAL OF BOTH THE BOARD CHAIR AND THE CHAIR OF THE GOVERNANCE COMMITTEE. SIMILAR POLICIES AND PROCEDURES ARE FOLLOWED FOR OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO EXECUTIVE STAFF AND THE BOARD OF DIRECTORS. UPON REQUEST FROM THE GENERAL PUBLIC, THE ORGANIZATION WILL PROVIDE ACCESS TO THESE DOCUMENTS AS REQUIRED BY LAW. FORM 990, PART VII, SECTION A: EMPLOYEE COMPENSATION THE ORGANIZATION'S FORMS W-2 ARE ISSUED BY MODERN HR, INC. A PROFESSIONAL EMPLOYER ORGANIZATION. FORM 990, PART XI, LINE 9: ACQUISITION OF THE CAMPBELL CENTER 8,251,068. DISCOVERING HORIZONS 15725 PARTHENIA STREET NORTH HILLS CA 91343 954842508 HOUSING FOR THE DEVELOPMENTALLY DISABLED CA 501(C)(3) LINE 7 NEW HORIZONS - SERVING INDIVIDUALS WITH SPECIAL NEEDS 1 RAINBOW HORIZONS 15725 PARTHENIA STREET NORTH HILLS CA 91343 954389218 HOUSING FOR THE DEVELOPMENTALLY DISABLED CA 501(C)(3) LINE 7 NEW HORIZONS - SERVING INDIVIDUALS WITH SPECIAL NEEDS 1 RESEDA HORIZONS 15725 PARTHENIA STREET NORTH HILLS CA 91343 954842511 HOUSING FOR THE DEVELOPMENTALLY DISABLED CA 501(C)(3) LINE 7 NEW HORIZONS - SERVING INDIVIDUALS WITH SPECIAL NEEDS 1 RESEDA RANCH 15725 PARTHENIA STREET NORTH HILLS CA 91343 800800539 HOUSING FOR THE DEVELOPMENTALLY DISABLED CA 501(C)(3) LINE 7 NEW HORIZONS - SERVING INDIVIDUALS WITH SPECIAL NEEDS 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0