Mission
THE FOUNDATION'S PURPOSE IS TO PROVIDE RESEARCH THAT WILL GIVE HVAC AND SHEET METAL CONTRACTORS A COMPETITIVE EDGE.
Public Charity
NEW HORIZONS FOUNDATION - A SHEET METAL INDUSTRY INITIATIVE
NEW HORIZONS FOUNDATION - A SHEET METAL INDUSTRY INITIATIVE, of CHANTILLY, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $251K in revenue, $162K in expenses, $6.0M in total assets. 14 publicly reported grants to this organization, totaling roughly $340K, appear in IRS filings.
EIN: 411998303
CHANTILLY, VA
Vocational & Technical Schools
NTEE: B30
Latest filing: 2024
Total Revenue$251K
Total Expenses$162K
Total Assets$6.0M
Grant Records14
Funding Total$340K
Filing Years2020–2024
Where $100 goes at New Horizons Foundation - a Sheet Metal Industry Initiative
How New Horizons Foundation - a Sheet Metal Industry Initiative divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$77
Programs
the work itself
$23
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $77 for programs
$49
Vdc engineering study
$20
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…
$8
Performance measurement
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$40,000
GENERAL SUPPORT
$40,000
GENERAL FUND CONTRIBUTION.
$20,000
INDUSTRY PROMOTION
$10,000
GENERAL SUPPORT
$70,000
Showing up to 5 of 14 total records — full history available with membership.
Officers & Directors
DIRECTOR
Aaron Hilger
VICE CHAIR
Angela Simon
DIRECTOR
A Scott Vidimos
DIRECTOR
Carmen Koo
DIRECTOR
Carol Duncan
DIRECTOR
Chad Bunting
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $251K | $162K | $6.0M |
| 2023 | $456K | $278K | $5.4M |
| 2022 | $255K | $234K | $4.8M |
| 2021 | $248K | $281K | $5.6M |
| 2020 | $190K | $227K | $5.0M |
Between 2020 and 2024, reported annual revenue grew from $190K to $251K (+32%), with total assets most recently reported at $6.0M.
Interactive year-over-year charts and full filing details available with membership.