True North Ministries Inc

EIN: 460773987 501(c)(3) Religion

Oklahoma City, OK

Total Revenue
$437,611
Total Expenses
$463,334
Total Assets
$152,965
Net Assets
$142,950
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
OK
Principal Officer
Jeremy Stoner
Phone
4052202741
Tax Period
2024-01-01 to 2024-12-31

True North Ministries Inc, founded in 2012, is a small nonprofit in the Religion sector that reported $438K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year.

Mission

Teaching the values of christian standards to those in need while meeting their needs

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $327,590
Program Service Revenue $106,962
Investment Income $0
Other Revenue $3,059
TOTAL REVENUE $437,611

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,417
Fundraising Expenses $0
Program Expenses $397,917
Other Expenses $397,917
TOTAL EXPENSES $463,334

Year-over-Year Comparison

2024 2023 Change
Revenue $437,611 $528,393 -0.2%
Expenses $463,334 $524,076 -0.1%
Net Income $-25,723 $4,317 -7.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
6
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$65,417
Total Directors
1
$65,417
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James McKenzie Executive Dir. 40.00
Officer Director
$65,417 $0 $65,417
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $437,611 $463,334 $152,965 $-25,723
2023 $528,393 $524,076 $168,723 $4,317
2022 $429,686 $452,935 $164,404 $-23,249
2021 $414,425 $365,396 $187,715 $49,029
2020 $303,860 $323,562 $135,155 $-19,702
2019 $276,735 $266,683 $154,857 $10,052
2018 $303,185 $240,750 $144,805 $62,435
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