BETA

NEW HORIZON EDUCATIONAL FOUNDATION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
NEW HORIZON EDUCATIONAL FOUNDATION (EIN 27-0810146)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-14
IRS object ID
201713189349306371
Schema version
2016v3.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-14T13:19:18-06:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1301 N LAKE AVE SUITE 900AddressLine1Txt
CityPASADENACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91101ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN270810146EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NEW HORIZON IRVINE EDUCATIONALBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlNEWHBusinessNameControlTxt
Phone9492318956PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 TRUMAN STAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92620ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMAGDY ELETREBYPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone9492318956PhoneNum
Signature2017-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBARED DILACARPreparerPersonNm
PTINP00157338PTIN
Phone6267933600PhoneNum
Preparation2017-11-14PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address67.137.57.251IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-11-14IPDt
IP Tm11:18:34IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9AD29FA46B8615F2777C89FEDEB19E0AFF07ACA7AtSubmissionCreationDeviceId
At Submission Filing Device IdF7FEC01EC20CA1B5D46E5CE0AEC8EC2B7989BB02AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMAGDY ELETREBYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 TRUMAN STAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92620ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,134,358GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionADVANCEMENT OF THE INTEREST OF NEW HORIZON SCHOOL IRVINEActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,382,329PYContributionsGrantsAmt
CY Contributions Grants$2,052,091CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$57,058PYInvestmentIncomeAmt
CY Investment Income$82,267CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,439,387PYTotalRevenueAmt
CY Total Revenue$2,134,358CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$228,743PYOtherExpensesAmt
CY Other Expenses$146,770CYOtherExpensesAmt
PY Total Expenses$228,743PYTotalExpensesAmt
CY Total Expenses$146,770CYTotalExpensesAmt
PY Revenues Less Expenses$1,210,644PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,987,588CYRevenuesLessExpensesAmt
Total Assets BOY$6,067,802TotalAssetsBOYAmt
Total Assets EOY$8,327,489TotalAssetsEOYAmt
Total Liabilities BOY$1,344,225TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,485,530TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,723,577NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,841,959NetAssetsOrFundBalancesEOYAmt
MissionTHE 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 Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$126,603ExpenseAmt
DescPROVIDES 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$126,603TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ADEEL AHMEDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9492318956PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 TRUMAN STAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92620ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MAGDY ELETREBY
CHAIR2.00Yes (X)Yes (X)$0$0$0
YASMINE ABDEL-AAL
SECRETARY2.00Yes (X)Yes (X)$0$0$0
MOTASEM BENOTHMAN
TREASURER2.00Yes (X)Yes (X)$0$0$0
IMAN OZGUR
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
HOSSAM ELSHIWICK
DIRECTOR2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,052,091AllOtherContributionsAmt
Total Contributions$2,052,091TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$82,267TotalRevenueColumnAmt
Exclusion$82,267ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,134,358TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$82,267ExclusionAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$8,285TotalAmt
Management And General$8,285ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$11,882TotalAmt
Management And General$11,882ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$20,438TotalAmt
Program Services$20,438ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$56,854TotalAmt
Program Services$56,854ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,484TotalAmt
Program Services$3,484ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PROPERTY TAX$44,883$44,883
FRANCHISE TAX$800$800$0
PENALTIES & SETTLEMENTS$144$144

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$146,770TotalAmt
Program Services$126,603ProgramServicesAmt
Management And General$20,167ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$153,216BOYAmt
EOY$334,402EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$98,904BOYAmt
EOY$44,636EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$21,900BOYAmt
EOY$5,167EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$7,550EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,440,501LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,091,591BOYAmt
EOY$5,440,501EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,302,191BOYAmt
EOY$1,945,233EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$400,000BOYAmt
EOY$550,000EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,067,802BOYAmt
EOY$8,327,489EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$17,175BOYAmt
EOY$151,247EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,327,050BOYAmt
EOY$1,334,283EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,344,225BOYAmt
EOY$1,485,530EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,723,577BOYAmt
EOY$6,841,959EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,723,577BOYAmt
EOY$6,841,959EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,067,802BOYAmt
EOY$8,327,489EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,987,588ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$130,794NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,437,696CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$677,620CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$316,519CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,382,329CurrentTaxYearMinus1YearAmt
Current Tax Year$2,077,779CurrentTaxYearAmt
Total$6,891,943TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,437,696CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$677,620CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$316,519CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,382,329CurrentTaxYearMinus1YearAmt
Current Tax Year$2,077,779CurrentTaxYearAmt
Total$6,891,943TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,972,342SubstantialContributorsTotAmt
Public Support Total170$2,919,601PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$25,499CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$31,700CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$23,454CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$57,291CurrentTaxYearMinus1YearAmt
Current Tax Year$82,267CurrentTaxYearAmt
Total$220,211TotalAmt
FieldValueIRS element (for citing)
Total Support$7,112,154TotalSupportAmt
Public Support CY1700.41050PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,702,191BeginningYearBalanceAmt
Investment Earnings Or Losses$213,061InvestmentEarningsOrLossesAmt
Administrative Expenses$11,235AdministrativeExpensesAmt
End Year Balance$1,904,017EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$931,507BeginningYearBalanceAmt
Contributions$252,006ContributionsAmt
Investment Earnings Or Losses$42,644InvestmentEarningsOrLossesAmt
Administrative Expenses$6,917AdministrativeExpensesAmt
End Year Balance$1,219,240EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$649,386BeginningYearBalanceAmt
Contributions$243,633ContributionsAmt
Investment Earnings Or Losses$38,488InvestmentEarningsOrLossesAmt
End Year Balance$931,507EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

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

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$604,873OtherCostOrOtherBasisAmt
Book Value$604,873BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$744,038OtherCostOrOtherBasisAmt
Book Value$744,038BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,440,501TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescPARTNERSHIP INVESTMENTSDesc
Book Value$550,000BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$550,000TotalBookValueSecuritiesAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4:FormAndLineReferenceDesc
ExplanationNHIEF'S ENDOWMENT CONSISTS OF A BOARD-DESIGNATED ENDOWMENT FUND ESTABLISHED FOR 1. OFFERING SCHOLARSHIP FOR ACADEMICALLY EXCELLENT STUDENT 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.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1IN 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 11BTHE 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 12CA 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 15THE FOUNDATION DOES NOT HAVE ANY COMPENSATED EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2CTHE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION OF AN INDEPENDENT AUDITOR.
FORM 990, PART IXALL DIRECT FUNDRAISING COSTS ARE PAID BY THE SCHOOL.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
NHIF HOLDINGS LLC
1 TRUMAN STREETIRVINECA92620461214510INVESTMENTCA$455$4,854,563NEW HORIZON IRVINE EDUCATIONAL FOUNDATION
NHI HOLDINGS LLC
1 TRUMAN STREETIRVINECA92620INVESTMENTCA$0$604,873NEW HORIZON IRVINE EDUCATIONAL FOUNDATION

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