True North Ministries

EIN: 465513903 501(c)(3) Religion

Bonney Lake, WA

Total Revenue
$1,514,802
Total Expenses
$24,883
Total Assets
$2,005,529
Net Assets
$2,005,529
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
WA
Principal Officer
Jeffery Scott
Phone
2533206073
Tax Period
2021-11-15 to 2021-12-31

True North Ministries, founded in 2021, is a community nonprofit in the Religion sector that reported $1.5M in total revenue in fiscal year 2021. The organization ran a surplus of $1.5M, a strong 98% operating margin.

Mission

The organization provides support and pastoral care for individuals throughout the US through online prayer meetings and Christian mentorship.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $1,510,787
Program Service Revenue $0
Investment Income $201
Other Revenue $3,814
TOTAL REVENUE $1,514,802

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $20,371
Other Expenses $24,883
TOTAL EXPENSES $24,883

Year-over-Year Comparison

2021 2020 Change
Revenue $1,514,802 N/A N/A
Expenses $24,883 N/A N/A
Net Income $1,489,919 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carolyn Scott Treasurer 020.00
Officer Director
$0 $0 $0
Jeffery Scott President 020.00
Officer Director
$0 $0 $0
Jennifer Benson Director 001.00
Director
$0 $0 $0
Julie Bash Secretary 005.00
Officer Director
$0 $0 $0
Karen Gaither Director 001.00
Director
$0 $0 $0
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
2021 $1,514,802 $24,883 $2,005,529 $1,489,919
Explore More Nonprofits
→Top 100 Nonprofits in Washington →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare True North Ministries with other nonprofits in Washington and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.