Northbound Foundation INC FY2023 filing

Tax-deductible

Savannah, GA501(c)(3)Community DevelopmentEIN 88-3524951Revenue $306K in FY2023

On file with the IRS718 Montgomery St, 31401-5557 · Savannah, GATax-exempt since Nov 2022Publicly supported charity — 170(b)(1)(A)(vi)

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n the next 5 years we want to change the lives of 400,000 people in Zimbabwe Mozambique and Zambia by giving them life-long access to fresh water education medical care spiritual community and viable trades.We create long-term partnerships with effective organizations connecting teams of donors with service providers with in field experience to exponentially increase the impact of key organizations. Fuel: We connect resources to places where it can do the most good. We invest where there is a Big bang for the buck. Collaborate: We are creating partnerships with organizations in our own communities and abroad to provide support and aid to increase the reach of impactful work. Ally: We envision a team of allies in partnership with these organizations fueling work through the collaboration of ideas resources and expertise.We fuel highly effective organizations that are making a significant impact in areas of desperate physical and spiritual need.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$58K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $9K a year · 2% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$58K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $30K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$887
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$306K
+18% vs prior year
Spent
$486K
To programs
89%
Net assets
$15K
By yearFY2022–FY2024
Revenue
$306K
FY2023▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2022$260K
FY2023$306K
FY2024$570K
Expenses
$486K
FY2023▲ +654%
Tap a bar for its year
Expenses by fiscal year
FY2022$64K
FY2023$486K
FY2024$558K
Net assets
$15K
FY2023▼ -92%
Tap a bar for its year
Net assets by fiscal year
FY2022$196K
FY2023$15K
FY2024$27K

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $435K Management & general 10% · $49K Fundraising 0% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $58K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$58,333Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Shanna Kurtz’s $122K as Executive Director is at the 82nd percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Shanna Kurtz$121,667$58,333

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides essential resources like water, education, and healthcare to improve lives in Zimbabwe, Mozambique, and Zambia.

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Provided by the organization

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1 program · $435K · in their own filed words · FY2023
01

Developing partnership for growth towards the mission of the Charity

$435Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$30K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$306K
Ln 12
Gifts and grantsLn 1h$306K
Money outPt IX
$486K
Ln 25
Programscol B$435K
Managementcol C$49K
Fundraisingcol D$2K
Owns and owesPt X
$15K
net assets · Ln 32
Cash and savingsLn 1–2$16K
Total assetsLn 16$16K
LiabilitiesLn 26$887
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$306K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Total revenueLn 12$306K
Assets in detailPt X, end of year
CashLn 1$16K
Cash and savings togetherLn 1–2$16K
Total assetsLn 16$16K
LiabilitiesLn 26$887
Net assetsLn 32$15K
OperationsPt I, VI
EmployeesI 51
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$206K$16K
Total assetsLn 16$206K$16K
LiabilitiesLn 26$10K$887
Net assetsLn 32$196K$15K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$224K$224K
Pay of current officers, directors and key staffLn 5$58K$44K$15K
Other salaries and wagesLn 7$85K$64K$21K
Other employee benefitsLn 9$10K$7K$2K
Payroll taxesLn 10$11K$8K$3K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$12K$6K$6K
Information technologyLn 14$2K$1K$1K
TravelLn 17$38K$38K
Conferences, conventions and meetingsLn 19$1K$1K
InterestLn 20$62$62
Other expenses (24a–d)Ln 24$43K$43K$0$0
Total functional expensesLn 25$486K$435K$49K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $570K$558K$12K$27K 990 PDF
FY2023 Viewing $306K$486K−$180K$15K 990 PDF
FY2022 $260K$64K$196K$196K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $305,500 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $260,000$305,500
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $260,000$305,500
I-13 Grants and similar amounts paidPrior year $10,000$223,500
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $46,055$164,427
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $8,379$97,981
I-18 Total expensesPrior year $64,434$485,908
I-19 Revenue less expensesPrior year $195,566−$180,408
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $305,500 across 9 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$305,500
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$305,500
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$305,500
Part IX · Statement of functional expenses $485,908 across 12 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $223,500$223,500
IX-5 Pay of current officers, directors and key staffPrograms $43,750 · Management $14,583$58,333
IX-7 Other salaries and wagesPrograms $63,750 · Management $21,250$85,000
IX-9 Other employee benefitsPrograms $7,484 · Management $2,495$9,979
IX-10 Payroll taxesPrograms $8,336 · Management $2,779$11,115
IX-12 Advertising and promotionFundraising $1,595$1,595
IX-13 Office expensesPrograms $5,827 · Management $5,828$11,655
IX-14 Information technologyPrograms $1,203 · Management $1,203$2,406
IX-17 TravelPrograms $38,456$38,456
IX-19 Conferences, conventions and meetingsManagement $1,250$1,250
IX-20 InterestManagement $62$62
IX-24 Other expenses (24a–d)Programs $42,557 · Management $0 · Fundraising $0$42,557
IX-25 Total functional expensesPrograms $434,863 · Management $49,450 · Fundraising $1,595$485,908
Part X · Balance sheet $16,045 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $205,994$16,045
X-16 Total assetsStart of year $205,994$16,045
X-17 Accounts payable and accrued expensesStart of year $10,428$887
X-26 Total liabilitiesStart of year $10,428$887
X-32 Total net assets or fund balancesStart of year $195,566$15,158
X-33 Total liabilities and net assetsStart of year $205,994$16,045
Part XI · Reconciliation of net assets $15,158 net assets at year end
XI-1 Total revenue$305,500
XI-2 Total expenses$485,908
XI-3 Revenue less expenses−$180,408
XI-4 Net assets at start of year$195,566
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$15,158

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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