BETA

NEW HORIZON EDUCATIONAL FOUNDATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
NEW HORIZON EDUCATIONAL FOUNDATION (EIN 27-0810146)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-13
IRS object ID
202513179349312101
Schema version
2024v5.2
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)
Return2025-11-13T19:11:11-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

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 Line1121 SOUTH TEJON STREET SUITE 1100AddressLine1Txt
CityCOLORADO SPRINGSCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80903ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

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)
PersonMOTASEM BENOTHMANPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone9492318956PhoneNum
Signature2025-11-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSARAH HINTZPreparerPersonNm
PTINP00492291PTIN
Phone7196350330PhoneNum
Preparation2025-11-13PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMOTASEM BENOTHMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 TRUMAN STAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92620ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$12,608,107GrossReceiptsAmt
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$43,574TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$6,815NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$241,975PYContributionsGrantsAmt
CY Contributions Grants$6,404,294CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$693,221PYInvestmentIncomeAmt
CY Investment Income$680,739CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$935,196PYTotalRevenueAmt
CY Total Revenue$7,085,033CYTotalRevenueAmt
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$7,569PYSalariesCompEmpBnftPaidAmt
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$869,860PYOtherExpensesAmt
CY Other Expenses$932,259CYOtherExpensesAmt
PY Total Expenses$877,429PYTotalExpensesAmt
CY Total Expenses$932,259CYTotalExpensesAmt
PY Revenues Less Expenses$57,767PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$6,152,774CYRevenuesLessExpensesAmt
Total Assets BOY$31,506,755TotalAssetsBOYAmt
Total Assets EOY$38,234,744TotalAssetsEOYAmt
Total Liabilities BOY$10,479,856TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,240,471TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$21,026,899NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$27,994,273NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE FOUNDATION IS TO SOLICIT, RECEIVE, MANAGE AND DISBURSE FUNDS FOR THE ADVANCEMENT OF THE INTEREST OF THE NEW HORIZON SCHOOL IRVINE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$827,340ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescPROVIDES FUNDS AND OTHER SUPPORT FOR THE BENEFIT OF THE NEW HORIZON SCHOOL IRVINE'S OPERATIONS AND EXPANSION. OVERSEE AND MANAGE AN ENDOWMENT ESTABLISHED TO SUPPORT THE NEW HORIZON SCHOOL IRVINE IN CARRYING OUT ITS MISSION ON A FINANCIALLY SUSTAINABLE BASIS. THE FOUNDATION CARRIED OUT AN EXPANSION PROGRAM BY COMPLETING THE UPPER FLOOR OF ITS PROPERTY BEING USED BY THE SCHOOL. IN THE REPORTING PERIOD, THIS IS REFLECTED AS IN INCREASE IN FIXED ASSETS OF $2,980,074. IN ADDITION, THE FOUNDATION HAD PROGRAM EXPENSES OF $814,371, MAINLY FOR LOAN SERVICING AND PROPERTY TAXES PAID FOR THE BENEFIT OF THE SCHOOL.Desc
Total Program Service Expenses$827,340TotalProgramServiceExpensesAmt
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
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
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 With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
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 LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
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
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
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 Line110 MARCONIAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd
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
MOTASEM BENOTHMAN
CHAIR2.00Yes (X)Yes (X)$0$0$0
YASMINE ABDELAAL
SECRETARY2.00Yes (X)Yes (X)$0$0$0
FAIZAN BAKALI
DIRECTOR2.00Yes (X)$0$0$0
NADAR GHOSHEH
DIRECTOR2.00Yes (X)$0$0$0
DR DINA SEIF
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$6,404,294AllOtherContributionsAmt
Total Contributions$6,404,294TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$290,179TotalRevenueColumnAmt
Unrelated Business Revenue$43,574UnrelatedBusinessRevenueAmt
Exclusion$246,605ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$5,913,634SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$5,523,074SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$390,560SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$390,560TotalRevenueColumnAmt
Exclusion$390,560ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,085,033TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$43,574UnrelatedBusinessRevenueAmt
Exclusion$637,165ExclusionAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$30,238TotalAmt
Management And General$30,238ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$45,636TotalAmt
Management And General$45,636ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,440TotalAmt
Program Services$1,440ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$297,874TotalAmt
Program Services$297,874ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$524,282TotalAmt
Program Services$524,282ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,201TotalAmt
Management And General$4,201ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
TAXES AND LICENSES$11,019$11,019
BANK CHARGE$7,968$7,968
UBIT$5,857$5,857
PROPERTY TAXES$3,744$3,744

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$932,259TotalAmt
Program Services$827,340ProgramServicesAmt
Management And General$104,919ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$240,172BOYAmt
EOY$386,431EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$161,118BOYAmt
EOY$1,078,030EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$1,083,795EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$112,137BOYAmt
EOY$204,842EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$25,237,005LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,737,420LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$20,037,354BOYAmt
EOY$22,499,585EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$5,775,627BOYAmt
EOY$6,023,972EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$5,180,347BOYAmt
EOY$6,958,089EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$31,506,755BOYAmt
EOY$38,234,744EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,357BOYAmt
EOY$14,997EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$10,397,900BOYAmt
EOY$10,146,875EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$78,599BOYAmt
EOY$78,599EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,479,856BOYAmt
EOY$10,240,471EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$21,006,826BOYAmt
EOY$27,974,200EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$20,073BOYAmt
EOY$20,073EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$21,026,899BOYAmt
EOY$27,994,273EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$31,506,755BOYAmt
EOY$38,234,744EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$6,152,774ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$814,600NetUnrlzdGainsLossesInvstAmt
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)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
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$3,888,665CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$813,533CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$286,938CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$241,975CurrentTaxYearMinus1YearAmt
Current Tax Year$6,404,294CurrentTaxYearAmt
Total$11,635,405TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,888,665CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$813,533CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$286,938CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$241,975CurrentTaxYearMinus1YearAmt
Current Tax Year$6,404,294CurrentTaxYearAmt
Total$11,635,405TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,664,862SubstantialContributorsTotAmt
Public Support Total170$6,970,543PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26,163CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$67,345CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$27,614CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$91,345CurrentTaxYearMinus1YearAmt
Current Tax Year$246,605CurrentTaxYearAmt
Total$459,072TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$121,161CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$137,520CurrentTaxYearMinus1YearAmt
Current Tax Year$6,815CurrentTaxYearAmt
Total$265,496TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$85,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$200,100CurrentTaxYearMinus3YearsAmt
Total$285,100TotalAmt
FieldValueIRS element (for citing)
Total Support$12,645,073TotalSupportAmt
Public Support CY1700.55120PublicSupportCY170Pct
Public Support PY1700.35250PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER INCOME - 2020 AMOUNT: $ 85,000. 2021 AMOUNT: $ 200,100.ExplanationTxt

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$6,129,520BeginningYearBalanceAmt
Contributions$3,000,000ContributionsAmt
Investment Earnings Or Losses$1,041,534InvestmentEarningsOrLossesAmt
End Year Balance$10,171,054EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,848,895BeginningYearBalanceAmt
Contributions$1,100ContributionsAmt
Investment Earnings Or Losses$279,525InvestmentEarningsOrLossesAmt
End Year Balance$6,129,520EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,196,478BeginningYearBalanceAmt
Contributions$132,223ContributionsAmt
Investment Earnings Or Losses-$479,806InvestmentEarningsOrLossesAmt
End Year Balance$5,848,895EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,710,585BeginningYearBalanceAmt
Contributions$5,000ContributionsAmt
Investment Earnings Or Losses$1,480,893InvestmentEarningsOrLossesAmt
End Year Balance$6,196,478EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,742,074BeginningYearBalanceAmt
Contributions$3,400,000ContributionsAmt
Investment Earnings Or Losses-$127,338InvestmentEarningsOrLossesAmt
Other Expenditures$1,304,151OtherExpendituresAmt
End Year Balance$4,710,585EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
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$21,019,792OtherCostOrOtherBasisAmt
Depreciation$2,626,839DepreciationAmt
Book Value$18,392,953BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$125,623OtherCostOrOtherBasisAmt
Depreciation$110,581DepreciationAmt
Book Value$15,042BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$22,499,585TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
PARTNERSHIP INVESTMENTS$799,814C
LIMITED PARTNERSHIP$6,158,275F
FieldValueIRS element (for citing)
Total Book Value Securities$6,958,089TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,853,997TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$814,600NetUnrealizedGainsInvstAmt
Revenue Not Reported$814,600RevenueNotReportedAmt
Revenue Subtotal$7,039,397RevenueSubtotalAmt
Investment Expenses Not Incld$45,636InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$45,636RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,085,033TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$886,623TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$886,623ExpensesSubtotalAmt
Investment Expenses Not Incld2$45,636InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$45,636ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$932,259TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:NHIEF'S ENDOWMENT CONSISTS OF SEVERAL INDIVIDUAL FUNDS ESTABLISHED FOR THE FOLLOWING: 1. TO OFFER TUITION ADJUSTMENTS TO FAMILIES WITH DEMONSTRATED FINANCIAL NEEDS. 2. PROVIDES TEMPORARILY CASH FLOWS SUPPORT TO THE SCHOOL, AS NEEDED. 3. ACQUIRING ASSETS TO HELP IN THE SCHOOL'S EDUCATIONAL OR EXTRACURRICULAR PROGRAMS.
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. U.S. 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.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionNORTH AMERICARegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedCONTRIBUTIONS RECEIVEDTypeOfActivitiesConductedTxt
Specific Services ProvidedN/ASpecificServicesProvidedTxt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$0SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$0TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3:FormAndLineReferenceDesc
ExplanationTHE ACCRUAL METHOD OF ACCOUNTING IS USED TO ACCOUNT FOR CONTRIBUTIONS RECEIVED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1AIN 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 11BCFO WILL WORK WITH TAX PREPARER TO PROVIDE INFORMATION AND FINANCIAL DATA TO PREPARE THE DRAFT RETURN. THE FINAL RETURN WILL BE PROVIDED TO THE BOARD CHAIR TO REVIEW WITH AN OPPORTUNITY TO ASK QUESTIONS. ONCE THE BOARD CHAIR IS SATISFIED, THE BOARD CHAIR WILL CIRCULATE THE FINAL RETURN TO THE TRUSTEES. ANY REVISIONS WILL BE MADE BY THE TAX PREPARER TO THE FINAL RETURN WHICH WILL BE PROVIDED TO BOARD CHAIR FOR SIGNATURE AND AUTHORIZATION TO FILE.
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 PROVIDED UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. THE 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.

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