True Ridge
- Assets
- $284.1k
- Revenue
- $408.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Hendersonville, NC
- Founding
- 11/2018
- Data as of
- 12/2021
- EIN
- 82-1094679
Organization Overview
True Ridge is located in Hendersonville, NC. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, True Ridge employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. True Ridge is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, True Ridge generated $408.6k in total revenue. All expenses for the organization totaled $339.4k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TRUE RIDGE PROVIDES BILINGUAL SERVICES TO ASSIST FAMILIES TOWARD SAFETY AND SELF-SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING DIRECT SERVICES, COMMUNITY COLLABORATION AND REFERRALS, WE SERVE DOMESTIC VIOLENCE AND SEXUAL ASSAULT SURVIVORS IN HENDERSON COUNTY NORTH CAROLINA. THROUGH CULTURAL-SENSITIVITY AND GENUINE CONCERN FOR THE UNIQUE NEEDS OF OUR LATINO NEIGHBORS, WE SEEK TO UNITE AND STRENGTHEN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine F Galvagni PHD Secretary | OfficerTrustee | $0 | |
Mia Freeman Board Chairm | OfficerTrustee | 5 | $0 |
Carrie Israel Treasurer | OfficerTrustee | $0 | |
Ivan Alejandro Padron Board Member | Trustee | $0 | |
Damaris Cortes Figueroa Board Member | Trustee | $0 | |
Areli Perez Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $392,126 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $392,126 |
| Total Program Service Revenue | $16,460 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $408,601 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,993 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,213 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $233,262 |
| Advertising and promotion | $11,602 |
| Office expenses | $8,632 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,958 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,734 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $339,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,288 |
| Savings and temporary cash investments | $171,343 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,539 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $18,935 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $284,105 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $284,105 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $284,105 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that True Ridge has recieved totaling $134,101.
| Awarding Organization | Amount |
|---|---|
North Carolina Community Foundation Inc Raleigh, NC PURPOSE: PUBLIC & SOCIETAL BENEFIT | $50,000 |
Community Foundation Of Greater Greensboro Inc Greensboro, NC PURPOSE: GENERAL SUPPORT | $20,000 |
Fund For Southern Communities Inc Decatur, GA PURPOSE: COVID 19 RELIEF | $18,000 |
The Conservation Fund A Nonprofit Corporation Arlington, VA PURPOSE: CONSERVATION OF NATURAL RESOURCES;SUSTAINABLE ECONOMIC & COMMUNITY DEVELOPMENT | $15,000 |
Nc Counts Coalition Raleigh, NC PURPOSE: Healthier Together program | $12,500 |
Pisgah Health Foundation Brevard, NC PURPOSE: FOOD RESOURCE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Telamon Corporation Raleigh, NC | $28,971,791 | $85,006,099 |
Pruitt Corporation Employee Welfare Norcross, GA | $5,026,472 | $52,038,649 |
Palmetto Goodwill North Charleston, SC | $100,114,143 | $50,949,954 |
Helping Hands Ministries Inc Tallulah Falls, GA | $3,673,283 | $41,819,921 |
Bremen Food & Clothing Bank Inc Bremen, GA | $515,496 | $35,921,408 |
Navy Marine Coast Guard Residence Foundation Mclean, VA | $169,576,374 | $36,329,894 |
Southwest Georgia Community Action Council Inc Moultrie, GA | $11,357,621 | $35,023,890 |
Mid-Cumberland Human Resource Agency Nashville, TN | $16,634,342 | $31,822,877 |
Must Ministries Inc Marietta, GA | $38,621,848 | $35,481,764 |
Inter-Faith Food Shuttle Raleigh, NC | $8,299,507 | $23,329,525 |
Total Action Against Poverty In Roanoke Valley Roanoke, VA | $8,696,425 | $23,450,227 |
Enrichment Services Program Incorporated Columbus, GA | $4,122,189 | $23,954,834 |