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Nonprofiteer
← NEW HORIZONS ADOPTION AGENCY INC

Form 990 for tax year 2023

Filed by NEW HORIZONS ADOPTION AGENCY INC.

Totals

Total revenue
$511,292
Total expenses
$611,294
Contributions and grants received
$28,814
Grants paid
$0
Program service revenue
$459,398
Investment income
$20,107
Other revenue
$2,973
Total assets, end of year
$776,733
Total liabilities, end of year
$71,244
Net assets or fund balances, end of year
$705,489
Program services expenses (Part IX)
$557,624
Management and general expenses
$53,670
Fundraising expenses
$0
Program service expenses (Part III)
$557,624

Program services were 91.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 1f · All other contributions, gifts and grants

    $28,814

  • 2a · Program service revenue: ADOPTION FEES

    total $345,686 · related or exempt $345,686

  • 2b · Program service revenue: AGENCY FEES

    total $106,512 · related or exempt $106,512

  • 2c · Program service revenue: ACCREDITATION INCOME

    total $7,200 · related or exempt $7,200

  • 3 · Investment income

    total $20,107 · excluded $20,107

  • 11a · Other revenue: OTHER INCOME

    total $2,973 · excluded $2,973

  • 11e · Other revenue, total

    $2,973

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $76,772 · program services $61,418 · management and general $15,354

  • 7 · Other salaries and wages

    total $106,289 · program services $85,031 · management and general $21,258

  • 10 · Payroll taxes

    total $15,032 · program services $12,026 · management and general $3,006

  • 11b · Fees: legal

    total $23,030 · program services $21,526 · management and general $1,504

  • 11c · Fees: accounting

    total $14,807 · program services $13,840 · management and general $967

  • 11f · Fees: investment management

    total $454 · program services $454

  • 11g · Fees: other

    total $35,057 · program services $34,566 · management and general $491

  • 12 · Advertising and promotion

    total $3,255 · program services $2,441 · management and general $814

  • 13 · Office expenses

    total $4,774 · program services $3,581 · management and general $1,193

  • 14 · Information technology

    total $494 · program services $370 · management and general $124

  • 16 · Occupancy

    total $15,032 · program services $12,026 · management and general $3,006

  • 17 · Travel

    total $4,296 · program services $3,925 · management and general $371

  • 19 · Conferences, conventions and meetings

    total $5,841 · program services $5,336 · management and general $505

  • 22 · Depreciation, depletion and amortization

    total $3,415 · program services $2,732 · management and general $683

  • 23 · Insurance

    total $8,569 · program services $8,494 · management and general $75

  • 24a · Other expenses: LIBERIA OPERATING EXPENSE

    total $226,539 · program services $224,545 · management and general $1,994

  • 24b · Other expenses: PLACEMENT FEES

    total $42,165 · program services $42,165

  • 24c · Other expenses: MILEAGE

    total $7,378 · program services $6,741 · management and general $637

  • 24d · Other expenses: LICENSE FEES

    total $5,274 · program services $5,153 · management and general $121

  • 24e · All other expenses

    total $12,821 · program services $11,254 · management and general $1,567

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $115,901 · end of year $150,163

  • 2 · Savings and temporary cash investments

    beginning of year $590,125 · end of year $340,843

  • 4 · Accounts receivable

    beginning of year $19,225 · end of year $46,477

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,553 · end of year $300

  • 10a · Land, buildings and equipment: cost or other basis

    $223,209

  • 10b · Land, buildings and equipment: accumulated depreciation

    $112,468

  • 10c · Land, buildings and equipment, net

    beginning of year $114,209 · end of year $110,741

  • 11 · Investments: publicly traded securities

    beginning of year $88,047 · end of year $128,209

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,783 · end of year $11,737

  • 19 · Deferred revenue

    beginning of year $117,682 · end of year $59,507

  • 27 · Net assets without donor restrictions

    beginning of year $815,595 · end of year $679,850

  • 28 · Net assets with donor restrictions

    end of year $25,639

Mission and programs · 2023

Mission

TO PLACE CHILDREN LACKING A HOME OR FAMILY INTO A CHRISTIAN HOME THROUGH ADOPTION WHERE THE CHILD CAN BECOME A LEGALLY RECOGNIZED MEMBER OF A FAMILY OTHER THAN THE CHILD'S BIOLOGICAL PART WITH FULL RIGHTS AS ANY BIOLOGICAL CHILD MAY HAVE.

Activities or mission (Part I)

SEE PAGE 2, PART III, LINE 1

  • PROVIDE DOMESTIC PLACEMENT AND ADOPTION SERVICES FOR CHILDREN TO FAMILIES IN MINNESOTA, IOWA, AND SOUTH DAKOTA. PROVIDE COUNSELING SERVICES FOR BIRTH PARENTS, FOSTER CARE PLACEMENT AND HOME STUDIES. PROVIDE INTERNATIONAL ADOPTION HOME STUDIES FOR FAMILIES IN MINNESOTA, IOWA, SOUTH DAKOTA AND INTERNATIONAL ADOPTION SERVICES AND PLACEMENT FOR FAMILIES THROUGHOUT THE UNITED STATES.

    Expenses $557,624 · Revenue $459,398

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Siegrist

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Floyd Lavrenz

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • Diane Gasteiger

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Marlys Ubben

    TREASURER &

    Total calculated
    $76,772
    From this org
    $76,772
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

  • Thomas Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Wesley Hafner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • William Rosin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
31 October 2024
IRS schema version
2023v5.0
Source object
202443069349300319

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