Civic Intelligence

True North Training Stables Inc

EIN 47-1517748 • 501(c)3 • Chesterton, IN

Profile

Counseling/therapy for young adults through horse training/riding

927 North 150 WestChesterton, IN 46304-9999

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

87th percentile

0.37x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

86th percentile

0.18x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

39th percentile

-2.9%

Higher net margin than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

44th percentile

-5.7%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

55th percentile

1.3%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$72,142

Down $4,400 (-5.7%) from 2020

Liabilities

Flat

$27,000

Flat from 2020

Net Assets

Down

$45,142

Down $4,400 (-8.9%) from 2020

Operations
Liabilities / Revenue86th percentileNet Margin39th percentile

Revenue

Up

$151,423

Up $1,973 (+1.3%) from 2020

Expenses

Up

$155,823

Up $7,074 (+4.8%) from 2020

Net Income

Down

-$4,400

Down $5,101 (-728%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth44th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2016: $16,523Liabilities 2016: $02016Assets 2017: $38,109Net Assets 2017: $38,1092017Assets 2018: $77,481Net Assets 2018: $77,4812018Assets 2019: $48,841Net Assets 2019: $48,8412019Assets 2020: $76,542Liabilities 2020: $27,000Net Assets 2020: $49,5422020Assets 2021: $72,142Liabilities 2021: $27,000Net Assets 2021: $45,1422021

Highlighted filing

2021

Assets$72,142
Liabilities$27,000
Net Assets$45,142
Open 2021 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2016: $46,492Expenses 2016: $44,958Net Income 2016: $1,5342016Revenue 2017: $103,196Expenses 2017: $81,610Net Income 2017: $21,5862017Revenue 2018: $116,440Expenses 2018: $77,068Net Income 2018: $39,3722018Revenue 2019: $96,456Expenses 2019: $125,096Net Income 2019: -$28,6402019Revenue 2020: $149,450Expenses 2020: $148,749Net Income 2020: $7012020Revenue 2021: $151,423Expenses 2021: $155,823Net Income 2021: -$4,4002021

Highlighted filing

2021

Revenue$151,423
Expenses$155,823
Net Income-$4,400
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$72,142
Liabilities
$27,000
Net assets
$45,142
Revenue
$151,423
Expenses
$155,823
Net income
-$4,400
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.72$0.27$0.45$1.51$1.56$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.77$0.27$0.50$1.49$1.49$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.49$0.96$1.25$0.29
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.77$1.16$0.77$0.39
2017Detailed filing. Detailed filing data is available for this year.$0.38$0.38$1.03$0.82$0.22
2016Summary only. Only limited summary data is available for this year.$0.17$0.00$0.46$0.45$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 23, 2023
Return Version
2021v4.1
Gross Receipts
$161,653
Mission and Program Overview

Mission

Counseling/therapy for young adults through horse training/riding

Program Services

DescriptionGrantsExpenses
COUNSELING/THERAPY FOR YOUNG ADULTS THROUGH HORSETRAINING/RIDING$0$149,226
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
COLLEEN GERBER-LEEPresident-$0--
MELINDA ANN NORMANVice President-$0--
ELIZABETH SCHARPSecretary-$0--
WILLIAM SCHARPTreasurerPT$0--
DAVE RIDINGSDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$26,035$26,035$5,676$20,359
Chili Cookoff$7,200$7,200$457$6,743
Total Events$33,235$33,235$6,133$27,102
Filing and Contact Details

Filer

Filer Name
True North Training Stables Inc
EIN
47-1517748
Phone
2197287490
Address
927 NORTH 150 WEST, CHESTERTON, IN 46304-9999

Signing Officer

Name
William Scharp
Title
Treasurer
Phone
2197287490
Signed
2023-05-23
Discuss with paid preparer
Yes

Preparer

Firm
APPLEGATE & COMPANY PC CPAs
Address
1421 S WOODLAND AVE, MICHIGAN CITY, IN 46360
Preparer
Paul E Applegate CPA
Phone
2198717880
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“REGISTRATION 1572.”

Form 990EZ, Part I, Line 16

“MEALS 2917.”

Form 990EZ, Part I, Line 16

“HAY 15828.”

Form 990EZ, Part I, Line 16

“FEED 22833.”

Form 990EZ, Part I, Line 16

“SUPPLIES 3503.”

Form 990EZ, Part I, Line 16

“SANITATION 1241.”

Form 990EZ, Part I, Line 16

“GAS 629.”

Form 990EZ, Part I, Line 16

“MISCELLANEOUS 1330.”

Form 990EZ, Part I, Line 16

“INSURANCE 3637.”

Form 990EZ, Part I, Line 16

“Depreciation 6597.”

Form 990EZ, Part II, Line 24

“EQUIPMENT, NET OF ACCUMULATED DEPRECIATION of 23,313 40490. 33892.”

Form 990EZ, Part II, Line 26

“PPP LOAN 27000. 27000.”

Raw XML Appendix210 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt040490
IRS990EZ/OtherAssetsTotalDetail/EOYAmt033892
IRS990EZ/OtherExpensesTotalAmt058515
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IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0149226
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TRUENORTHTRAININGSTABLES.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0121523
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05676
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REGISTRATION 1572.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEALS 2917.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HAY 15828.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FEED 22833.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUPPLIES 3503.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SANITATION 1241.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GAS 629.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Depreciation 6597.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10EQUIPMENT, NET OF ACCUMULATED DEPRECIATION of 23,313 40490. 33892.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11PPP LOAN 27000. 27000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM SCHARP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02197287490
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRUE NORTH TRAINING STABLES INC
ReturnHeader/Filer/BusinessNameControlTxt0TRUE
ReturnHeader/Filer/EIN0471517748
ReturnHeader/Filer/PhoneNum02197287490
ReturnHeader/Filer/USAddress/AddressLine1Txt0927 NORTH 150 WEST
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01421 S WOODLAND AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MICHIGAN CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
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ReturnHeader/PreparerPersonGrp/PhoneNum02198717880
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL E APPLEGATE CPA
ReturnHeader/ReturnTs02023-08-07T12:20:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCHARP
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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