Northern Star Charities Inc DBA True North Young Adult Services
Nonprofit profile at a glance
- EIN
- 465330950
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Boulder, CO, USA
- Phone
- 7204209780
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $37,827
- Expenses
- $73,626
- Assets
- $176,940
- Liabilities
- $161,496
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Eric Schulz (President)
- Tim Beal (President)
People named in this filing
- Eric Schulz (President)
- Tim Beal (President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We empower young adults along the Front Range to make the transition from surviving to thriving, to be self-sufficient, and to be positive contributors in their community. Using a peer support model, we provide structure to help them set their own goals and help each individual to choose their path and to make conscious decisions to break unhealthy family cycles. We are a change agent, rallying our community to offer the opportunity for our vulnerable young adults to create their own narrative.
What it reported doing in 2024
Polaris House is the residential property where True North's independent transitional housing program is run. It has been in operation since 2003, and for over 18 years, Polaris House has served youth who are survivors of abuse, neglect, addiction, delinquency, homelessness and those transitioning out of foster care services. We have provided safe, sober, supportive, affordable and compassionate transitional housing to over 165 underserved and deserving young adults between the ages of 16 - 26. Our scholarship fund supports tuition awards for students pursuing vocational training opportunities, associates degrees, community college programs, and education at the University of Colorado. We partner with Achieving Academic Success, CU Guardian Scholars, and the TRIO program to help our scholars pursue their goals.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 31
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 90.3%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -94.6%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 2.4; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.91; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 36.8% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: -58.6% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -21.6% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 90.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $67K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 8/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.