TRUE NORTH CHARITIES INC

EIN: 883524951 501(c)(3) Community Improvement

Savannah, GA

Total Revenue
$305,500
Total Expenses
$485,908
Total Assets
$16,045
Net Assets
$15,158
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
GA
Principal Officer
Toby Browne
Phone
9126584076
Tax Period
2023-01-01 to 2023-12-31

TRUE NORTH CHARITIES INC, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $306K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $486K exceeded revenue, resulting in a 59% operating deficit.

Mission

In the next 5 years, we want to change the lives of 400,000 people in Zimbabwe, Mozambique, and Zambia by giving them life-long access to fresh water, education, medical care, spiritual community, and viable trades. Fueling Good We create long-term partnerships with effective organizations, connecting teams of donors with service providers with in field experience to exponentially increase the impact of key organizations. Fuel: We connect resources to places where it can do the most good. We invest where there is a "Big bang for the buck." Collaborate: We are creating partnerships with organizations in our own communities and abroad to provide support and aid to increase the reach of impactful work. Ally: We envision a team of allies in partnership with these organizations, fueling work through the collaboration of ideas, resources and expertise.

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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 (2023)

Revenue Breakdown

Contributions & Grants $305,500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $305,500

Expense Breakdown

Grants Paid $223,500
Salaries & Benefits $164,427
Fundraising Expenses $1,595
Program Expenses $434,863
Other Expenses $97,981
TOTAL EXPENSES $485,908

Year-over-Year Comparison

2023 2022 Change
Revenue $305,500 $260,000 +0.2%
Expenses $485,908 $64,434 +6.5%
Net Income $-180,408 $195,566 -1.9%
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
4
Independent Members
4
Employees
2
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
4
$0
Total Directors
1
$58,333
Key Employees
1
$58,333
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shanna Kurtz Executive Director 40
Director Key Emp
$58,333 $0 $58,333
Mark Hall President 5
Officer
$0 $0 $0
Karen Guinn Secretary 5
Officer
$0 $0 $0
Jeff Jepson Vice President 5
Officer
$0 $0 $0
Toby Browne Treasurer 5
Officer
$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 No data No data No data No data
2023 $305,500 $485,908 $16,045 $-180,408
2022 $260,000 $64,434 $205,994 $195,566
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