True North Training Stables Inc
- Assets
- $72.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chesterton, IN
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-1517748
Organization Overview
True North Training Stables Inc is located in Chesterton, IN. The organization was established in 2015. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. True North Training Stables Inc 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 12/2021, True North Training Stables Inc generated $151.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $155.8k during the year ending 12/2021. While expenses have increased by 13.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
COUNSELING/THERAPY FOR YOUNG ADULTS THROUGH HORSETRAINING/RIDING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colleen Gerber-Lee President | 2 | $0 | |
Melinda Ann Norman Vice President | 2 | $0 | |
Elizabeth Scharp Secretary | 2 | $0 | |
William Scharp Treasurer | 10 | $0 | |
Dave Ridings Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,951 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $29,900 |
| Other Revenue | $1,572 |
| Total Revenue | $151,423 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $89,437 |
| Occupancy, rent, utilities, and maintenance | $7,871 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,515 |
| Total expenses | $155,823 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,250 |
| Other assets | $0 |
| Total assets | $72,142 |
| Total liabilities | $27,000 |
| Net assets or fund balances | $45,142 |