Civic Intelligence

True Ridge

990 • Fiscal year 2022 • EIN 82-1094679

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization ProfileWWW.TRUERIDGE.ORG
204 6th Ave WHendersonville, NC 28739

(828) 393-5055

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2022

Net Margin

23rd percentile

-6.2%

Higher net margin than 23% of similar nonprofits.

2022 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

57th percentile

$0

Higher top officer pay than 57% of similar nonprofits.

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

2022 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2022

Asset Growth

23rd percentile

-11%

Faster asset growth than 23% of similar nonprofits.

2022 filings • NTEE P20 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

59th percentile

29%

Faster revenue growth than 59% of similar nonprofits.

2022 filings • NTEE P20 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Down

$251,589

Down $32,516 (-11%) from 2021

Net Assets

Down

$251,589

Down $32,516 (-11%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin23rd percentile

Revenue

Up

$527,052

Up $118,451 (+29%) from 2021

Expenses

Up

$559,568

Up $220,174 (+65%) from 2021

Net Income

Down

-$32,516

Down $101,723 (-147%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2018: $9,895Net Assets 2018: $9,8952018Assets 2021: $284,105Liabilities 2021: $0Net Assets 2021: $284,1052021Assets 2022: $251,589Liabilities 2022: $0Net Assets 2022: $251,5892022Assets 2024: $445,317Liabilities 2024: $0Net Assets 2024: $445,3172024

Highlighted filing

2022

Assets$251,589
Liabilities$0
Net Assets$251,589
Open 2022 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2018: $11,606Expenses 2018: $7,380Net Income 2018: $4,2262018Revenue 2021: $408,601Expenses 2021: $339,394Net Income 2021: $69,2072021Revenue 2022: $527,052Expenses 2022: $559,568Net Income 2022: -$32,5162022Revenue 2024: $655,440Expenses 2024: $418,948Net Income 2024: $236,4922024

Highlighted filing

2022

Revenue$527,052
Expenses$559,568
Net Income-$32,516
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$527,052
Mission and Program Overview

Mission

True ridge provides bilingual services to assist families toward safety and self-support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$171,343$128,123▼ $43,220
Cash and Non-Interest-Bearing Accounts$90,288$112,105▲ $21,817
Land, Buildings, and Equipment, Net$18,935$11,361▼ $7,574
Accounts Receivable$3,539--
Total Assets$284,105$251,589▼ $32,516
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$284,105$251,589▼ $32,516
Total Net Assets Fund Balance$284,105$251,589▼ $32,516
Total Liabilities and Net Assets / Fund Balance$284,105$251,589▼ $32,516

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,361$12,308$23,669
Compensation and Service Providers
Top Officer Pay57th percentile

Board Members and Trustees

NameTitle
Edward MccammonChair
Christina HoltgrevenDirector
Melisa S EscobarExecutive Di
Maryann FestaSecretary
Lori Garcia-mccammonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$522,870
Program Service Revenue
$0
Investment Income
$4,182
Other Revenue
$0
All Other Contributions
$522,870
Change in Net Assets
$-32,516
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$420,749
Salaries, Compensation, and Employee Benefits$138,819
Total Fundraising Expense$2,930
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$352,340--$352,340
Other Salaries and Wages$69,409$69,410-$138,819
Occupancy$12,492$12,493-$24,985
Office Expenses$7,095$6,525-$13,620
Fees for Services Accounting-$9,890-$9,890
Advertising$5,388-$2,930$8,318
Depreciation Depletion$7,574--$7,574
Travel$2,011$2,011-$4,022
Total Functional Expenses$456,309$100,329$2,930$559,568
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
True Ridge
EIN
82-1094679
Phone
8283935055
Address
204 6TH AVE W, HENDERSONVILLE, NC 28739

Signing Officer

Name
Melisa S Escobar
Title
Executive Director
Phone
8283935055
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Mccammon
Formed
2017
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
1
Employees
11

Preparer

Firm
Vinson Scott & Associates Cpas Rllp
Address
PO BOX 1767, JACKSON, WY 83001-1767
Preparer
Mike L Vinson Cpamacc
Phone
3077338377
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Program services 351,426 0 0 meals & entertainment 914 0 0 total 352,340 0 0”

Raw XML Appendix310 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.

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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SOTO
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$251,589
Liabilities
$0
Net assets
$251,589
Revenue
$527,052
Expenses
$559,568
Net income
-$32,516
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.45$0.00$4.45$6.55$4.19$2.36
2022Detailed filing. Detailed filing data is available for this year.$2.52$0.00$2.52$5.27$5.60$0.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.84$0.00$2.84$4.09$3.39$0.69
2018Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.12$0.07$0.04