NEW HORIZON EDUCATIONAL FOUNDATION: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: NEW HORIZON EDUCATIONAL FOUNDATION (EIN 27-0810146)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-11-12
IRS object ID: 201923169349306542
Schema version: 2018v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-11-12T19:09:42-06:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	301 NORTH LAKE AVENUE SUITE 900	AddressLine1Txt
City	PASADENA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91101	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	270810146	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NEW HORIZON IRVINE EDUCATIONAL	BusinessNameLine1Txt
Business Name Line2	FOUNDATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	NEWH	BusinessNameControlTxt
Phone	9492318956	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 TRUMAN ST	AddressLine1Txt
City	IRVINE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92620	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MAGDY ELETREBY	PersonNm
Person Title	CHAIRMAN	PersonTitleTxt
Phone	9492318956	PhoneNum
Signature	2019-11-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BARED DILACAR	PreparerPersonNm
PTIN	P00157338	PTIN
Phone	6267933600	PhoneNum
Preparation	2019-11-12	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	67.137.57.251	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-11-12	IPDt
IP Tm	12:13:32	IPTm
IP Timezone	PS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	6C65CDAE205BD6F3BC0D1F226B31661FB32373A5	AtSubmissionCreationDeviceId
At Submission Filing Device Id	8E5C5D94518C4E9178AE6B9498F7E909C8B36A46	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-04-17 16:48:07Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MAGDY ELETREBY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 TRUMAN ST	AddressLine1Txt
City	IRVINE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92620	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$4,660,552	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2009	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	ADVANCEMENT OF THE INTEREST OF NEW HORIZON SCHOOL IRVINE	ActivityOrMissionDesc
Voting Members Governing Body	5	VotingMembersGoverningBodyCnt
Voting Members Independent	4	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	5	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$3,379,675	PYContributionsGrantsAmt
CY Contributions Grants	$3,533,741	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$109,041	PYInvestmentIncomeAmt
CY Investment Income	$104,480	CYInvestmentIncomeAmt
PY Other Revenue	$10,167	PYOtherRevenueAmt
CY Other Revenue	$146	CYOtherRevenueAmt
PY Total Revenue	$3,498,883	PYTotalRevenueAmt
CY Total Revenue	$3,638,367	CYTotalRevenueAmt
PY Grants And Similar Paid	$81,386	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$129,179	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$334,248	PYOtherExpensesAmt
CY Other Expenses	$224,084	CYOtherExpensesAmt
PY Total Expenses	$415,634	PYTotalExpensesAmt
CY Total Expenses	$353,263	CYTotalExpensesAmt
PY Revenues Less Expenses	$3,083,249	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$3,285,104	CYRevenuesLessExpensesAmt
Total Assets BOY	$17,150,773	TotalAssetsBOYAmt
Total Assets EOY	$28,288,867	TotalAssetsEOYAmt
Total Liabilities BOY	$3,476,378	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$11,598,247	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$13,674,395	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$16,690,620	NetAssetsOrFundBalancesEOYAmt
Mission	THE MISSION OF THE FOUNDATION IS TO SOLICIT, RECEIVE, MANAGE AND DISBURSE FUNDS FOR THE ADVANCEMENT OF THE INTEREST OF THE NEW HORIZON ELEMENTARY SCHOOL OF IRVINE.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$309,795	ExpenseAmt
Grant	$129,179	GrantAmt
Desc	PROVIDES FUNDS AND OTHER SUPPORT FOR THE BENEFIT OF THE NEW HORIZON IRVINE SCHOOL'S OPERATIONS AND ITS PLANNED EXPANSION AND OVERSEE AND MANAGE AN ENDOWMENT ESTABLISHED TO SUPPORT THE NHIEF IN CARRYING OUT ITS MISSION ON A FINANCIALLY SUSTAINABLE BASIS.	Desc
Total Program Service Expenses	$309,795	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	Yes (1)	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	5	GoverningBodyVotingMembersCnt
Independent Voting Member	4	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ADEEL AHMED	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9492318956	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 TRUMAN ST	AddressLine1Txt
City	IRVINE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92620	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
MAGDY ELETREBY
CHAIR	2.00	Yes (X)	Yes (X)	$0	$0	$0
YASMINE ABDEL-AAL
SECRETARY	2.00	Yes (X)	Yes (X)	$0	$0	$0
MOTASEM BENOTHMAN
TREASURER	2.00	Yes (X)	Yes (X)	$0	$0	$0
IMAN OZGUR
VICE CHAIR	2.00	Yes (X)	Yes (X)	$0	$0	$0
YEHIA DAJANI
DIRECTOR	2.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
SPECTRUM CONSTRUCTION GROUP INC
32 EDELMAN	IRVINE	CA	92618	CONSTRUCTION	$2,996,884
NATIONAL CONSTRUCTION AND REMEDIATION
614 EAST EDNA PLACE UNIT B	COVINA	CA	91723	CONSTRUCTION	$102,680

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	2	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$3,533,741	AllOtherContributionsAmt
Total Contributions	$3,533,741	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$53,673	TotalRevenueColumnAmt
Exclusion	$53,673	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$1,072,992	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$1,022,185	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$50,807	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$50,807	TotalRevenueColumnAmt
Exclusion	$50,807	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Business	900099	BusinessCd
Total Revenue Column	$146	TotalRevenueColumnAmt
Exclusion	$146	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$146	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,638,367	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$104,626	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$129,179	TotalAmt
Program Services	$129,179	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$2,977	TotalAmt
Management And General	$2,977	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$12,272	TotalAmt
Management And General	$12,272	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$45,909	TotalAmt
Program Services	$24,080	ProgramServicesAmt
Management And General	$21,829	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,390	TotalAmt
Management And General	$6,390	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$69,880	TotalAmt
Program Services	$69,880	ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
PROPERTY TAX	$85,856	$85,856
FRANCHISE TAX	$800	$800

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$353,263	TotalAmt
Program Services	$309,795	ProgramServicesAmt
Management And General	$43,468	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$399,011	BOYAmt
EOY	$466,413	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$33,665	BOYAmt
EOY	$553,913	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$8,962	BOYAmt
EOY	$25,435	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$7,886	BOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$24,775,508	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$0	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$13,965,202	BOYAmt
EOY	$24,775,508	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$2,286,047	BOYAmt
EOY	$1,873,162	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$450,000	BOYAmt
EOY	$594,436	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$17,150,773	BOYAmt
EOY	$28,288,867	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$792,663	BOYAmt
EOY	$411,623	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
EOY	$450,000	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$2,683,715	BOYAmt
EOY	$9,606,624	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
EOY	$1,130,000	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$3,476,378	BOYAmt
EOY	$11,598,247	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$13,567,821	BOYAmt
EOY	$15,802,121	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$106,574	BOYAmt
EOY	$888,499	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$13,674,395	BOYAmt
EOY	$16,690,620	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$17,150,773	BOYAmt
EOY	$28,288,867	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$3,285,104	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$239,459	NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments	-$29,420	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$316,519	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,382,329	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,077,779	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,379,675	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,533,741	CurrentTaxYearAmt
Total	$10,690,043	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$316,519	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,382,329	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,077,779	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,379,675	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,533,741	CurrentTaxYearAmt
Total	$10,690,043	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$500,856	SubstantialContributorsTotAmt
Public Support Total170	$10,189,187	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$23,454	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$57,291	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$82,267	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$35,361	CurrentTaxYearMinus1YearAmt
Current Tax Year	$53,673	CurrentTaxYearAmt
Total	$252,046	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$10,167	CurrentTaxYearMinus1YearAmt
Current Tax Year	$146	CurrentTaxYearAmt
Total	$10,313	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$10,952,402	TotalSupportAmt
Public Support CY170	0.93030	PublicSupportCY170Pct
Public Support PY170	0.64340	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,736,047	BeginningYearBalanceAmt
Investment Earnings Or Losses	-$134,979	InvestmentEarningsOrLossesAmt
Other Expenditures	-$121,198	OtherExpendituresAmt
Administrative Expenses	-$12,272	AdministrativeExpensesAmt
End Year Balance	$2,467,598	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,495,233	BeginningYearBalanceAmt
Investment Earnings Or Losses	$368,698	InvestmentEarningsOrLossesAmt
Other Expenditures	-$115,713	OtherExpendituresAmt
Administrative Expenses	-$12,171	AdministrativeExpensesAmt
End Year Balance	$2,736,047	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,702,191	BeginningYearBalanceAmt
Contributions	$584,834	ContributionsAmt
Investment Earnings Or Losses	$438,886	InvestmentEarningsOrLossesAmt
Other Expenditures	-$219,443	OtherExpendituresAmt
Administrative Expenses	-$11,235	AdministrativeExpensesAmt
End Year Balance	$2,495,233	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,243,174	BeginningYearBalanceAmt
Contributions	$500,654	ContributionsAmt
Investment Earnings Or Losses	-$32,679	InvestmentEarningsOrLossesAmt
Administrative Expenses	-$8,958	AdministrativeExpensesAmt
End Year Balance	$1,702,191	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,219,240	BeginningYearBalanceAmt
Contributions	$502	ContributionsAmt
Investment Earnings Or Losses	$32,274	InvestmentEarningsOrLossesAmt
Administrative Expenses	-$8,842	AdministrativeExpensesAmt
End Year Balance	$1,243,174	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	1.00000	BoardDesignatedBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,091,590	OtherCostOrOtherBasisAmt
Book Value	$4,091,590	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,102,680	OtherCostOrOtherBasisAmt
Book Value	$4,102,680	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,901	OtherCostOrOtherBasisAmt
Book Value	$1,901	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$16,579,337	OtherCostOrOtherBasisAmt
Book Value	$16,579,337	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$24,775,508	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,682,806	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$239,459	NetUnrealizedGainsInvstAmt
Other Revenue	$296,170	OtherRevenueAmt
Revenue Not Reported	$56,711	RevenueNotReportedAmt
Revenue Subtotal	$3,626,095	RevenueSubtotalAmt
Investment Expenses Not Incld	$12,272	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$12,272	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,638,367	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$340,991	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$340,991	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$12,272	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$12,272	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$353,263	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART V, LINE 4:	NHIEF'S ENDOWMENT CONSISTS OF A BOARD-DESIGNATED ENDOWMENT FUND ESTABLISHED FOR 1. PROVIDING TUITION ADJUSTMENT FOR STUDENTS WITH LIMITED FINANCIAL MEANS; 2. PROJECTS THAT PROMOTE THE SCHOOL MISSION AND PHILOSOPHY; 3. ACQUIRING ASSETS TO HELP IN THE SCHOOL'S EDUCATIONAL OR EXTRACURRICULAR PROGRAMS AND 4. PROVIDE EMERGENCY AND TEMPORARY CASH FLOW RELIEF IN TERMS OF A SHORT TERM INTEREST FREE LOAN AND / OR GRANTS TO THE SCHOOL.
PART X, LINE 2:	THE FOUNDATION HAS BEEN GRANTED EXEMPTION FROM INCOME TAX UNDER SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE LLCS ARE LIMITED LIABILITY COMPANIES SUBJECT TO CALIFORNIA MINIMUM TAX OF $800 AND AN ANNUAL FEE. GAAP PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY NHIEF ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	IN-KIND DONATED INTEREST 171,170. IN KIND CONTRIBUTION REVENUE - WITH DONOR RESTRICTION (TIME) 125,000.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NEW HORIZON IRVINE SCHOOL	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 TRUMAN ST	AddressLine1Txt
City	IRVINE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92620	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	474225372	RecipientEIN
IRC Section	501(C)(3)	IRCSectionDesc
Cash Grant	$129,179	CashGrantAmt
Purpose Of Grant	FOR THE SCHOOL'S OPERATION.	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

Field	Value	IRS element (for citing)
Person	MAGDY ELETREBY	PersonNm
Relationship With Org	CHAIR	RelationshipWithOrgTxt
Loan Purpose	CONSTRUCTION BORROWING	LoanPurposeTxt
Loan To Organization	Yes (X)	LoanToOrganizationInd
Original Principal	$550,000	OriginalPrincipalAmt
Balance Due	$450,000	BalanceDueAmt
Default	0	DefaultInd
Board Or Committee Approval	Yes (1)	BoardOrCommitteeApprovalInd
Written Agreement	Yes (1)	WrittenAgreementInd

Field	Value	IRS element (for citing)
Total Balance Due	$450,000	TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1	IN THE EVENT THAT THE BOARD DETERMINES THAT THE MANAGEMENT OF THE CORPORATION WOULD BE BENEFITTED BY THE ESTABLISHMENT OF ONE (1) OR MORE STANDING OR SPECIAL COMMITTEES, THE BOARD, MAY FROM TIME TO TIME ESTABLISH ONE (1) OR MORE SUCH COMMITTEES TO SERVE AT THE PLEASURE OF THE BOARD. IF REQUIRED BY SUBDIVISION (E) OF SECTION 12586 OF THE CALIFORNIA GOVERNMENT CODE, THE BOARD SHALL APPOINT AN AUDIT COMMITTEE IN ACCORDANCE WITH THAT SUBDIVISION AND FOR THE PURPOSES SET FORTH THEREIN. THE ESTABLISHMENT OF A STANDING OR SPECIAL COMMITTEE SHALL BE EFFECTED BY A RESOLUTION OF THE BOARD APPROVED BY THE VOTE OF THE MAJORITY OF THE TRUSTEES THEN IN OFFICE, WHICH SPECIFICALLY SETS FORTH THE POWERS AND DUTIES DELEGATED TO SUCH COMMITTEE. EACH SUCH COMMITTEE SHALL CONSIST OF TWO (2) OR MORE TRUSTEES AND SHALL BE PRESIDED OVER BY A TRUSTEE SELECTED BY THE BOARD. APPOINTMENTS TO SUCH COMMITTEES SHALL ALSO BE BY A MAJORITY VOTE OF THE TRUSTEES THEN IN OFFICE. THE TERM "STANDING COMMITTEE OR "SPECIAL COMMITTEE" SHALL MEAN ANY COMMITTEE APPOINTED BY THE BOARD WHICH IS AUTHORIZED BY SPECIFIC DELEGATION, WITHOUT FURTHER BOARD ACTION, TO MAKE AND IMPLEMENT DECISIONS ON BEHALF OF THE BOARD, OR TO IMPLEMENT, WITH SOME DEGREE OF DISCRETION, DECISIONS OF THE BOARD PURSUANT TO GUIDELINES ESTABLISHED BY THE BOARD. NOTICE OF, AND PROCEDURES FOR, MEETINGS OF STANDING OR SPECIAL COMMITTEES SHALL BE AS PRESCRIBED BY THE CHAIR OF EACH SUCH STANDING OR SPECIAL COMMITTEE, AND MEETINGS OF STANDING OR SPECIAL COMMITTEES MAY BE CALLED BY THE BOARD OR THE CHAIR OF THE STANDING OR SPECIAL COMMITTEE. A COMMITTEE EXERCISING THE AUTHORITY OF THE BOARD SHALL NOT INCLUDE AS MEMBERS PERSONS WHO ARE NOT TRUSTEES. HOWEVER, NON-TRUSTEES MAY ATTEND AND PARTICIPATE IN THE MEETINGS OF SUCH COMMITTEES. AS PROVIDED IN SECTION 3.19 OF THESE BYLAWS, THE BOARD MAY CREATE ADVISORY COMMISSIONS THAT DO NOT EXERCISE THE AUTHORITY OF THE BOARD AND THESE ADVISORY COMMISSIONS MAY INCLUDE PERSONS WHO ARE NOT TRUSTEES. NO COMMITTEE OF THE BOARD, INCLUDING ANY EXECUTIVE COMMITTEE, SHALL HAVE ANY OF THE AUTHORITY OF THE BOARD WITH RESPECT TO: (A)THE FILLING OF VACANCIES ON THE BOARD OR ON ANY COMMITTEE WHICH HAS THE AUTHORITY OF THE BOARD; (B)THE AMENDMENT OR REPEAL OF THE ARTICLES OR BYLAWS OR THE ADOPTION OF NEW ARTICLES OR BYLAWS; (C)THE FIXING OF COMPENSATION OF THE TRUSTEES FOR SERVING ON THE BOARD OR ON ANY COMMITTEE WHICH HAS THE AUTHORITY OF THE BOARD; (D)THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD WHICH BY ITS EXPRESS TERMS IS NOT SO AMENDABLE OR REPEALABLE; (E)THE APPOINTMENT OF OTHER COMMITTEES OF THE BOARD OR THE MEMBERS THEREOF IF SUCH COMMITTEE WILL HAVE THE AUTHORITY OF THE BOARD; (F)THE EXPENDITURE OF CORPORATE FUNDS TO SUPPORT A NOMINEE FOR TRUSTEE AFTER THERE ARE MORE PEOPLE NOMINATED FOR TRUSTEE THAN CAN BE ELECTED; (G)THE APPROVAL OF ANY SELF-DEALING TRANSACTION, EXCEPT THAT WHEN IT IS NOT REASONABLY PRACTICABLE TO OBTAIN APPROVAL OF THE BOARD PRIOR TO ENTERING INTO SUCH A TRANSACTION, A COMMITTEE AUTHORIZED BY THE BOARD MAY APPROVE THE TRANSACTION IN A MANNER CONSISTENT WITH THE STANDARDS SET FORTH IN SECTION 5233(D) OF THE LAW SUBJECT TO RATIFICATION BY A MAJORITY OF THE TRUSTEES THEN IN OFFICE (WITHOUT COUNTING THE VOTE OF ANY "INTERESTED DIRECTOR" AS DEFINED IN SECTION 5233 OF THE LAW) AT THE NEXT MEETING OF THE BOARD; OR (H)THE APPROVAL OF ANY OTHER ACTION FOR WHICH THE LAW OR THESE BYLAWS REQUIRES APPROVAL OF THE BOARD, A MAJORITY OF THE BOARD OR THE SOLE CORPORATE MEMBER.
FORM 990, PART VI, SECTION B, LINE 11B	THE RETURN IS PREPARED BY THE FOUNDATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE ORGANIZATION AND ANY CHANGES TO THE FILING ARE INCORPORATED INTO THE RETURN AFTER MANAGEMENT'S REVIEW. ALL MEMBERS OF THE BOARD OF DIRECTORS ARE PROVIDED A COPY OF THE FORM 990 BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12C	A CONFLICT OF INTEREST ARISES IN ANY SITUATION IN WHICH A DIRECTOR'S OTHER INVOLVEMENTS (FINANCIAL INTERESTS, FAMILY RELATIONSHIPS, POLITICAL, OR CHARITABLE ACTIVITIES, ETC.) COULD ADVERSELY AFFECT HIS OR HER JUDGMENT WITH RESPECT TO THE BUSINESS OF THE FOUNDATION OR OTHERWISE DIMINISH THE INTEREST OF THE ORGANIZATION. WHEN SUCH A CONFLICT ARISES THE DIRECTOR WITH THE CONFLICT IS EXPECTED TO DISCLOSE IN WRITING THE EXISTENCE OF THE CONFLICT AND RECUSE HIM OR HERSELF FROM ANY BOARD DISCUSSIONS OR VOTES THAT ARE DIRECTLY RELATED TO THE CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15	THE FOUNDATION DOES NOT HAVE ANY COMPENSATED EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19	DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11G	CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,829. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,829. ACCOUNTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 20,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,000. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 12,994. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,994. COMMISSION AND FEES: PROGRAM SERVICE EXPENSES 11,086. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,086.
FORM 990, PART XII, LINE 2C	THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION OF AN INDEPENDENT AUDITOR.
FORM 990, PART IX	ALL DIRECT FUNDRAISING COSTS ARE PAID BY THE SCHOOL.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
NHIF HOLDINGS LLC
1 TRUMAN STREET	IRVINE	CA	92620	461214510	INVESTMENT	CA	$2,930,155	NEW HORIZON IRVINE EDUCATIONAL FOUNDATION
NHI HOLDINGS LLC
1 TRUMAN STREET	IRVINE	CA	92620		INVESTMENT	CA	$3,251,780	NEW HORIZON IRVINE EDUCATIONAL FOUNDATION