True Friends
- Assets
- $16.9m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 203
- Location
- Annandale, MN
- Founding
- 05/1986
- Data as of
- 12/2020
- EIN
- 41-1543013
Organization Overview
True Friends is located in Annandale, MN. The organization was established in 1986. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, True Friends employed 203 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. True Friends is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, True Friends generated $5.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $4.7m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LIFE-CHANGING EXPERIENCES FOR CHILDREN AND ADULTS WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL CAMPPROGRAM PROVIDES OPPORTUNITIES FOR PEOPLE WITH AND WITHOUT DISABILITIES TO ENJOY THE BENEFIT FROM YEAR-ROUND, OUTDOOR RECREATIONAL AND LEISURE ACTIVITIES OFFERED AT CAMP FRIENDSHIP, CAMP EDEN WOOD, CAMP COURAGE AND CAMP COURAGE NORTH. TRADITIONAL CAMP, RESORT ACTIVITIES AND SPECIALTY PROGRAMS HELP CREATE NEW SKILLS, BUILD CONFIDENCE, IMPROVE SELF-ESTEEM AND PROMOTE UNDERSTANDING, ACCEPTANCE, AND APPRECIATION FOR DIVERSITY IN HUMAN BEINGS. DAY CAMP AND WINTER CAMP PROGRAMS ARE ALSO AVAILABLE.
EDUCATION AND TRAINING SERVICESPROGRAM PROVIDES EXPERIENTIAL LEARNING AND ENVIRONMENTAL EDUCATION SERVICES FOR SCHOOLS, YOUTH AT RISK, AND OTHER NONPROFIT GROUPS AND TRANSITIONAL EMPLOYMENT AND WORK RELATED TRAINING FOR PEOPLE WITH AND WITHOUT DISABILITIES. HIGH AND LOW ROPES COURSES, ZIP LINES AND CLIMBING TOWERS ARE UTILIZED TO BUILD CONFIDENCE AND DEVELOP TEAM DYNAMICS.
TRUE STRIDESPROGRAM PROVIDES HIPPOTHERAPY, THERAPEUTIC RIDING, AND HORSEMANSHIP EXPERIENCES FOR INDIVIDUALS WITH DISABILITIES, BOTH CHILDREN AND ADULTS. THE RIDING THERAPY TAKES PLACE AT CAMP COURAGE. TRUE STRIDES PROVIDES OPPORTUNITIES FOR INDIVIDUALS OF ALL ABILITIES TO EXPERIENCE EXCEPTIONAL EQUINE-ASSISTED ACTIVITIES BY FACILITATING THE HORSE CAMP PROGRAMS AND SPECIAL RESPITE PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Leblanc President & CEO | Officer | 32 | $137,855 |
Conor Mcgrath Sr. Director Of Operations | Officer | 45 | $93,494 |
Marilyn Hallstom Chair | OfficerTrustee | 2 | $0 |
Gaylen Ghylin Treasurer | OfficerTrustee | 2 | $0 |
Peter Rundquist Secretary | OfficerTrustee | 2 | $0 |
Mary Ellen Wells Vice Chair | Officer | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Salo Llc Consulting | 12/30/21 | $158,104 |
Marco Technology Services | 12/30/21 | $145,078 |
St Rosa Lumber Inc Construction | 12/30/21 | $376,834 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,363,783 |
| Investment income | $2,889 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,152 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,759 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,336,118 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $10,372 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $196,893 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,656,693 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $240,513 |
| Payroll taxes | $103,566 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,626 |
| Fees for services: Accounting | $16,101 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $29,563 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $529,496 |
| Advertising and promotion | $40,297 |
| Office expenses | $232,103 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $195,149 |
| Travel | $13,416 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $44,079 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $678,381 |
| Insurance | $574,619 |
| All other expenses | $0 |
| Total functional expenses | $4,723,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,202,857 |
| Savings and temporary cash investments | $598,538 |
| Pledges and grants receivable | $183,038 |
| Accounts receivable, net | $90,307 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $57,522 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,053,477 |
| Total assets | $16,949,001 |
| Accounts payable and accrued expenses | $508,168 |
| Grants payable | $0 |
| Deferred revenue | $670,190 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $201,337 |
| Unsecured mortgages and notes payable | $836,000 |
| Other liabilities | $0 |
| Total liabilities | $2,215,695 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $14,733,306 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that True Friends has recieved totaling $112,974.
| Awarding Organization | Amount |
|---|---|
Courage Kenny Foundation Minneapolis, MN PURPOSE: GENERAL SUPPORT FOR CAMP PROVIDING EXPERIENCES ENHANCING INDEPENDENCE AND SELF-ESTEEM FOR THOSE WITH DISABILITIES; THERAPEUTIC HORSEBACK RIDING PROGRAM; ENDOWMENT FUND | $52,974 |
William C Schmoker Family Foundation Eden Prairie, MN PURPOSE: CHARITABLE | $50,000 |
Patch Foundation Minneapolis, MN PURPOSE: PROGRAM SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $2,055,657 |
| Earnings | $230,580 |
| Net Contributions | $12,418 |
| Ending Balance | $2,298,655 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
La Clinica De Los Campesinos Inc Wautoma, WI | $10,404,383 | $18,983,180 |
Camp Manitowish Y M C A Inc Boulder Junction, WI | $24,143,360 | $5,245,713 |
International Peace Garden Inc Dunseith, ND | $3,180,815 | $4,960,701 |
True Friends Annandale, MN | $16,949,001 | $5,336,118 |
Forest Springs Camp And Conference Center Inc Westboro, WI | $11,536,806 | $6,135,628 |
Fort Wilderness Ministries Incorporated Mcnaughton, WI | $9,536,857 | $6,032,282 |
Herzl Camp Association St Louis Park, MN | $11,149,154 | $3,768,685 |
Minnesota Youth Athletic Services Inc Spring Lake Park, MN | $3,485,430 | $4,517,573 |
Blaine Soccer Club Blaine, MN | $1,122,392 | $1,952,947 |
Bridging The Dental Gap Inc Bismarck, ND | $626,790 | $1,988,998 |
Camp Gray Inc Reedsburg, WI | $7,933,907 | $2,093,984 |
Lake Lundgren Bible Camp Inc Pembine, WI | $1,930,943 | $1,599,937 |