New Horizons Foundations-A Sheet Metal Industry Initiative
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE FOUNDATION'S PURPOSE IS TO PROVIDE RESEARCH THAT WILL GIVE HVAC AND SHEET METAL CONTRACTORS A COMPETITIVE EDGE.
- Income
- $250,660
- Spending
- $161,900
- Spent on programs
- 70%
- Reserves
- Over 10 years of spending
- Largest source of income
- donations and private grants, 75%
- Employees
- 0
- Volunteers
- 19
- Highest pay
- $566,193, director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 59% of charities in its peer group (education, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 3% of what it owns.
Living within its means
15 of 15Income exceeded spending by 35% of income.
Income trend
0 of 15Income fell 45% on the year before.
Spending floor
15 of 1570% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 91% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2514 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $11,114 spent. PERFORMANCE MEASUREMENT - A GUIDE TO DEVELOPING YOUR MEASURES OF SUCCESS - THE PURPOSE OF ADOPTING PERFORMANCE MEASURES AND IMPROVEMENT EFFORTS IS TO ALLOW LEADERSHIP TO "SEE" WORK THEY ARE NOT DIRECTLY ENGAGED IN RUNNING. WHETHER THEY ARE CALLED KEY PERFORMANCE MEASURES, INDICATORS, OR OTHER TERMS, EFFECTIVE MEASURES TO TRACK PERFORMANCE ENABLE IMPROVEMENT INITIATIVES, EARLY WARNING OF PROBLEMS, RESOURCE OPTIMIZATION, AND DATA DRIVEN DECISION MAKING. THIS PROJECT WILL PRODUCE A GUIDE TO SUPPORT SHEET METAL AND HVAC CONTRACTORS IN ORGANIZING THEIR PERFORMANCE MEASUREMENT SYSTEM. THE PROJECT HAS BEEN AWARDED TO PENN STATE WITH COMPLETION AND PUBLICATION OF THE GUIDE BY YEAR END 2024.
- $30,085 spent. WORKFORCE DEVELOPMENT BEST PRACTICES IDENTIFICATION, COMMUNICATION AND TRAINING - THIS MULTI-YEAR PROJECT SEEKS TO IDENTIFY SUCCESSFUL STRATEGIES USED TO HIRE, DEVELOP AND RETAIN EMPLOYEES IN SHEET METAL, HVAC, AND MECHANICAL CONSTRUCTION COMPANIES. IN THE FIRST PHASE OF THIS PROJECT, WHICH WAS INITIATED IN DECEMBER 2022, THE NEW HORIZONS FOUNDATION INVESTIGATED AND REPORTED ON THE FOLLOWING CURRENT ISSUES IN WORKFORCE DEVELOPMENT. 1. INVESTIGATED WHAT YOUNG WORKERS WANT AND NEED IN THEIR CAREERS. 2. EXPLORED CHARACTERISTICS UNIQUE TO THE NEXT GENERATION OF WORKERS. 3. EXAMINED WHAT THE YOUNGER GENERATION EXPECTS FROM THEIR JOBS. 4. ASSESSED DIVERSITY, EQUITY, AND INCLUSION PRACTICES IN LOCAL AREAS. THE NHF IDENTIFIED, MET WITH AND PROFILED 28 WORKFORCE DEVELOPMENT ORGANIZATIONS (WDOS) TO UNDERSTAND THEIR OBJECTIVES, CONTENT, DELIVERY METHODS, HISTORY AND RESULTS, ESPECIALLY AS THEY IMPACT THE ABOVE ISSUES. IN THE CURRENT SECOND PHASE OF THIS PROJECT, THE FOUNDATION IS HIGHLIGHTING THE TOP 25% OF WDOS THROUGH FACILITATED PODCASTS. TWO OF THE SEVEN RECORDINGS HAVE BEEN COMPLETED AND ARE BEING EDITED FOR RELEASE IN JULY. THE REMAINING FIVE PODCASTS ARE SCHEDULED FOR COMPLETION BY THE 3RD QUARTER 2024. THESE WDOS FOCUS ON BRINGING UNDER-REPRESENTED GROUPS (WOMEN AND MINORITIES) INTO BUILDING TRADES AND THEIR SUCCESSES (AND STRUGGLES) ARE FEATURED IN THE PODCASTS. A THIRD PROJECT PHASE IS UNDERWAY WITH THE FOLLOWING OBJECTIVES IDENTIFIED. 1. CURATE THE CAPTURED WDOS CONTENT INTO CONCISE INFOGRAPHICS. 2. FOCUS ON LEADERSHIP DEVELOPMENT FOR TRADE AND NON-TRADE HIRES AND PRODUCE SHORT VIDEOS TO SHOWCASE SUCCESSFUL PRACTICES (MENTORING, SHADOWING, AND ONBOARDING). 3. DEVELOP A ROADMAP/TEMPLATE FOR IMPLEMENTATION BY CONTRACTORS AND LOCAL ASSOCIATIONS (SMACNA CHAPTERS). 4. CONTINUE INDUSTRY PRESENTATIONS ON PROJECT FINDINGS AND CONTINUE TO EXPAND SUCCESSFUL WDO CONTACTS AND RELATIONSHIPS. 5. DEVELOP A WDO MEDIA SITE ON THE NHF WEBSITE AND CONTINUE WORK TO IMPROVE THE SEARCH ENGINE PRESENCE AND FUNCTIONALITY OF THE NHF WEBSITE, PARTICULARLY AS IT RELATES TO WORKFORCE DEVELOPMENT ISSUES AND INTERESTS.
- $72,500 spent. VDC ENGINEERING STUDY - THIS JOINT PROJECT WITH THE GENTILLE AND ELECTRI FOUNDATIONS AND THE UNIVERSITY OF WASHINGTON HAS THE FOLLOWING OBJECTIVES:1. DEVELOP METRICS TO SUPPORT THE ESTIMATION OF VDC ENGINEERING FOR MEP TRADES2. BENCHMARK CURRENT VDC ENGINEERING PRACTICES AND PERFORMANCE, AND,3. DEVELOP METRICS TO EVALUATE THE EFFICIENCIES AND EFFECTIVENESS OF VIRTUAL DESIGN AND COORDINATION.THIS PROJECT ORIGINALLY CONTEMPLATED PERFORMANCE OF TIME STUDIES OF VDC PROCESSES. HOWEVER, A LACK OF VOLUNTEER PARTICIPATION FROM THE THREE AFFILIATED ASSOCIATIONS HAS RESULTED IN REVISITING THE DATA COLLECTION PROCESS. THE THREE FOUNDATIONS ARE PRESENTLY AWAITING A REVISED PROPOSAL FROM THE UNIVERSITY. THE NEW HORIZONS FOUNDATION IS EVALUATING ITS CONTINUED PARTICIPATION IN THE PROJECT.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2001.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.