True North Family Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 72,520 | 66,362 | 6,158 | 12.3 | — |
| 2020 | 696,319 | 35,927 | 660,392 | 243.3 | 0% |
| 2021 | 83,850 | 88,274 | −4,424 | 98.4 | 0% |
| 2022 | 264,403 | 341,559 | −77,156 | 22.7 | 0% |
| 2023 | 213,882 | 490,582 | −276,700 | 9.1 | 0% |
In its most recent public year (2023), this organization spent $276,700 more than it brought in. Its reserves stood at about 9.1 months of spending, down from 12.3 in 2019. Staff pay was 0% of spending. $370,075 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
True North Family Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works