The True Vine A Christian Foundation

EIN: 721357133 501(c)(3) Religion

Eutaw, AL

Total Revenue
$385,452
Total Expenses
$542,953
Total Assets
$2,311,815
Net Assets
$2,308,401
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
AL
Principal Officer
George C McRae
Phone
2053729017
Tax Period
2024-01-01 to 2024-12-31

The True Vine A Christian Foundation, founded in 1996, is a small nonprofit in the Religion sector that reported $374K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $494K exceeded revenue, resulting in a 32% operating deficit.

Mission

To create a place where people can come to reconnect - whether it's with God, their teammates, or their families. The goal is to impact generations, through all age groups and backgrounds. With current facilities, the Foundation has already made a tremendous impact and sees great value in adding to the existing structures to accommodate more groups year round. On 90 acres of loblolly pines and sprawling oaks, the Foundation has created a haven, believing in a strong sense of place, and how mood and attitude can be influenced by surroundings. The Foundation has built outstanding facilities with an emphasis on aesthetic and quality design built to last. Surrounding the Foundation are vineyards, gardens, and open spaces to facilitate interaction with nature and spark awe in those who walk onto the property.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $250,839
Program Service Revenue $116,228
Investment Income $15,300
Other Revenue $3,085
TOTAL REVENUE $385,452

Expense Breakdown

Grants Paid $12,000
Salaries & Benefits $177,279
Fundraising Expenses $2,871
Program Expenses $307,351
Other Expenses $353,674
TOTAL EXPENSES $542,953

Year-over-Year Comparison

2024 2023 Change
Revenue $385,452 $374,057 +0.0%
Expenses $542,953 $493,642 +0.1%
Net Income $-157,501 $-119,585 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
9
Volunteers
25

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
4
$89,431
Total Directors
14
$89,431
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Bownes Board Member 0.00
Director
$0 $0 $0
Anne Case Board Member 0.00
Director
$0 $0 $0
Michael Case Vice President 0.00
Officer Director
$0 $0 $0
Jonathan Kassouf Board Member 0.00
Director
$0 $0 $0
Jeffrey Laubenthal Board Member 0.00
Director
$0 $0 $0
Colby Maher Board Member 0.00
Director
$0 $0 $0
Amanda McRae Secretary, Treasurer 1.00
Officer Director
$59,375 $0 $59,375
John F McRae Jr Chairman 0.00
Officer Director
$0 $0 $0
George C McRae Managing Director 1.00
Officer Director
$30,056 $0 $30,056
Andy Phillips Board Member 0.00
Director
$0 $0 $0
Leslie D Wood Board Member 0.00
Director
$0 $0 $0
Eric Nickoli Board Member 0.00
Director
$0 $0 $0
Jay Brown Board Member 0.00
Director
$0 $0 $0
Jason Gray Board Member 0.00
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
2024 $385,452 $542,953 $2,311,815 $-157,501
2023 $374,057 $493,642 $2,467,525 $-119,585
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