Form 990 for tax year 2024
Filed by NEW HORIZONS RANCH & CENTER FOUNDATION.
Totals
- Total revenue
- $770,126
- Total expenses
- $328,716
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $770,126
- Other revenue
- $0
- Total assets, end of year
- $15,953,819
- Total liabilities, end of year
- $4,176,843
- Net assets or fund balances, end of year
- $11,776,976
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $247,630 · excluded $247,630
-
7a · Gross sales of assets other than inventory
securities $1,630,514
-
7b · Less cost or other basis and sales expenses
securities $1,047,560 · other assets $60,458
-
7c · Gain or loss
securities $582,954 · other assets -$60,458
-
7d · Net gain or loss
total $522,496 · excluded $522,496
Functional expenses
Part IX, the statement of functional expenses.
-
11f · Fees: investment management
total $103,137
-
22 · Depreciation, depletion and amortization
total $225,579
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $945,206 · end of year $933,788
-
10a · Land, buildings and equipment: cost or other basis
$8,435,550
-
10b · Land, buildings and equipment: accumulated depreciation
$4,279,384
-
10c · Land, buildings and equipment, net
beginning of year $4,323,616 · end of year $4,156,166
-
11 · Investments: publicly traded securities
beginning of year $9,540,542 · end of year $10,863,865
-
15 · Other assets
beginning of year $2,431 · end of year $0
-
25 · Other liabilities
beginning of year $4,131,560 · end of year $4,176,843
-
27 · Net assets without donor restrictions
beginning of year $10,206,940 · end of year $11,303,681
-
28 · Net assets with donor restrictions
beginning of year $473,295 · end of year $473,295
Mission and programs · 2024
Mission
TITLE HOLDING ORGANIZATION IN WHICH ALL PROPERTY IS TO BE HELD EXCLUSIVELY FOR THE USE AND BENEFIT OF NEW HORIZONS RANCH AND CENTER, INC.
-
HOLDING TITLE TO AND COLLECTING INCOME FROM PROPERTY AND PAYING IT OVER TO AN EXEMPT ORGANIZATION.
As filed on the 2024 return.
Listed in Part VII
-
Leon BackesLEON BACKES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Tal FillingimTAL FILLINGIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kyle McVeyKYLE MCVEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Matt PriceMATT PRICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Greg WrightGREG WRIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mark HornMARK HORN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Tom SalantyTOM SALANTY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Gary WebbGARY WEBB
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Michael J ReddenMICHAEL J REDDEN
CEO
- Total calculated
- $262,831
- From this org
- $0
- From related orgs
- $235,230
- Other
- $27,601
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $235,230 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $8,300 related
- Nontaxable benefits
- $0 + $19,301 related
- Filer's total
- $0 + $262,831 related
-
Scott AndersonSCOTT ANDERSON
CFO
- Total calculated
- $222,372
- From this org
- $0
- From related orgs
- $186,460
- Other
- $35,912
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $186,460 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $8,300 related
- Nontaxable benefits
- $0 + $27,612 related
- Filer's total
- $0 + $222,372 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 3
- COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
NEW HORIZONS RANCH AND CENTER INC
501(C)(3) · RESIDENTIAL TREATMENT CENTER FOR TROUBLED CHILDREN · TX
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 July 2026
- IRS schema version
- 2024v5.5
- Source object
- 202611959349301161
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.