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 12/2020, True North Training Stables Inc generated $149.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 26.3% each year . All expenses for the organization totaled $148.7k during the year ending 12/2020. While expenses have increased by 27.0% 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
2020
Describe the Organization's Program Activity:
Part 3
COUNSELING/THERAPY FOR YOUNG ADULTS THROUGH HORSETRAINING/RIDING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Colleen Gerber-Lee President | 2 | $0 | |
Melinda Ann Norman Vice President | 2 | $0 | |
William Scharp Treasurer | 10 | $0 | |
Dave Ridings Director | 2 | $0 | |
Elizabeth Scharp Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $126,691 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $21,487 |
Other Revenue | $1,272 |
Total Revenue | $149,450 |
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 | $69,424 |
Occupancy, rent, utilities, and maintenance | $13,610 |
Printing, publications, postage, and shipping | $904 |
Other expenses | $64,811 |
Total expenses | $148,749 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $36,052 |
Other assets | $0 |
Total assets | $76,542 |
Total liabilities | $27,000 |
Net assets or fund balances | $49,542 |
Over the last fiscal year, we have identified 2 grants that True North Training Stables Inc has recieved totaling $10,085.
Awarding Organization | Amount |
---|---|
Porter County Community Foundation Inc Valparaiso, IN PURPOSE: TO ASSIST THE ORGANIZATION IN FURTHERING ITS EXEMPT PURPOSE | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $85 |
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