The Woodlands, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TRUE NORTH PARENT PARTNERSHIP, founded in 2017, is a small nonprofit in the Education sector that reported $393K in total revenue in fiscal year 2022. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $377K left a modest 4% surplus.
True North exists to parents, teaching excellence and providing enrichment opportunities in an affordable way, filling the financial gap between public and private schools for self-educating families.
True North was successful in offering the following academic classes (Bible, English, Grammar, Science, History, and Math) as well as the following enrichment classes for nine months to provide a...
True North was successful in offering the following academic classes (Bible, English, Grammar, Science, History, and Math) as well as the following enrichment classes for nine months to provide a well-rounded, complete education to 80 students: Sign Language 1, Sign Language 2, Spanish 1, Spanish 2, Guitar, Keyboarding, Language of Music, Cheer 1, Cheer 2, Art 1, Art 2, Choir, Homework Help, Softball, All Sports 1, and All Sports 2.
True North students supported local elderly communities through field trips to share artwork, cheers, and choir songs to spend time and fellowship with them two times a year.
True North picked up trash in the community
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $392,816 | $321,053 | +0.2% |
| Expenses | $377,278 | $300,652 | +0.3% |
| Net Income | $15,538 | $20,401 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jayme Dicker | Director of Education | 50 |
Key Emp
Highest
|
$39,591 | $0 | $39,591 |
| Lisa Palmer | Executive Director | 50 |
Officer
Key Emp
|
$37,470 | $0 | $37,470 |
| Rich Palmer | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Nick Gentles | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Carole Graham | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| William Dicker | Vice President | 2 |
Officer
|
$0 | $0 | $0 |
| Angel Weir | Secretary | 0 |
Officer
|
$0 | $0 | $0 |
| James Bonsall | Treasurer | 0.5 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $392,816 | $377,278 | $72,263 | $15,538 |
| 2022 | $321,053 | $300,652 | $56,725 | $20,401 |
| 2021 | $245,841 | $221,649 | $36,324 | $24,192 |
| 2020 | $222,204 | $227,902 | $12,132 | $-5,698 |
Compare TRUE NORTH PARENT PARTNERSHIP with other nonprofits in Texas and across the country.