New Horizons Enterprises Limited
New Horizons Enterprises Limited is a large-scale charity established in 1981. Their main activity is registered as rehabilitation of offenders primarily serving adults - aged 25 to under 65 aboriginal and torres strait islander people people in rural/regional/remote communities pre/post release offenders and/or their families.
Since our partnership with BP to establish the worlds first social enterprise New Horizons has grown as an organization that, across New South Wales, provides advice, connections and services supporting people with disability, mental health concerns, those who are aged, people at risk of homelessness, humanitarian entrants, youth, and Indigenous Australians. Our vision is for happy, inclusive communities who work together in collaborative, inclusive ways to create opportunity and improve quality of life. Our programs and services as a collective help us achieve this vision.
Who They Help
- Youth - 15 to under 25
- Victims of disaster
- Pre/post release offenders and/or their families
- People with disabilities
- People in rural/regional/remote communities
- People from a culturally and linguistically diverse background
- People at risk of homelessness/ people experiencing homelessness
- Migrants, refugees or asylum seekers
- General community in Australia
- Financially disadvantaged people
- Adults - aged 65 and over
- Adults - aged 25 to under 65
- Aboriginal and Torres Strait Islander people
Total employee expenses: $69,955,559 (72% of revenue).
Average full-time equivalent salary: $76,371.
Revenue vs Expenses
New Horizons Enterprises Limited has seen an average annual growth of 5% in revenue versus a 6% p.a. increase in expenses. This imbalance can sometimes mean a challenge for long-term financial management.
Grants given out in 2020 for use within Australia: $700
Assets vs Liabilities
As of 2020, New Horizons Enterprises Limited has a debt-to-equity (D/E) ratio of 0.39. This is considered about average within the charity space.
Sources of Revenue
Sources of Expense
- Jennifer Anderson
- Robert Warry
- Charlotte Leung
- Julie Powell
- Peter Howell
- Angus Button
- Irene Howell
- Richard Walter Gregg
- Public Officer
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- Registration Status
- Charity is registered.
- DGR Status
Donations can be claimed as a tax deduction.
- Office Address
15-29 Twin Rd
- Operating States
- Entity Type
Australian Public Company
A company is a non-individual client type. Company is defined to include a body corporate and any other unincorporated association or body of persons but does not include a partnership or a non-entity joint venture. Public Benevolent Institution
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