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.

New Horizons Enterprises Limited

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

Employees

Full-time
468
Part-time
488
Casual
249
Volunteers
24

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

Responsible People

Jennifer Anderson
Director
Robert Warry
Director
Charlotte Leung
Vice-president
Julie Powell
Director
Peter Howell
President
Angus Button
Director
Irene Howell
Director
Richard Walter Gregg
Public Officer

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ABN
42002066604
Registration Status
Charity is registered.
DGR Status
Endorsed

Donations can be claimed as a tax deduction.

Office Address
15-29 Twin Rd
North Ryde
2113
Australia
Operating States
NSW
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

Contacts
[email protected]

Website
Categories
health, community, life skills, nsw, education, employment, spiritual, wellbeing, north ryde, solutions, promise, self-care