TRUTH AND POWER MINISTRIES INC

EIN: 020721633 501(c)(3) Religion

SAPULPA, OK

Total Revenue
$800,601
Total Expenses
$780,826
Total Assets
$53,293
Net Assets
$52,083
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
FL
Principal Officer
ADAM V SMITH
Phone
9186457516
Tax Period
2024-01-01 to 2024-12-31

TRUTH AND POWER MINISTRIES INC, founded in 2004, is a small nonprofit in the Religion sector that reported $801K in total revenue in fiscal year 2024.

Mission

PREACH THE GOSPEL OF JESUS CHRIST

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $800,601
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $800,601

Expense Breakdown

Grants Paid $629,344
Salaries & Benefits $36,000
Fundraising Expenses $0
Program Expenses $770,815
Other Expenses $115,482
TOTAL EXPENSES $780,826

Year-over-Year Comparison

2024 2023 Change
Revenue $800,601 $810,000 0.0%
Expenses $780,826 $799,754 0.0%
Net Income $19,775 $10,246 +0.9%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
3
Employees
1
Volunteers
1200

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$36,000
Total Directors
4
$36,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM V SMITH PRESIDENT 40.00
Officer Director
$18,000 $18,000 $36,000
JOE CRUSE BOARD MEMBER 0.00
Director
$0 $0 $0
BROC PATNODE TREASURER 0.00
Officer Director
$0 $0 $0
STEPHEN DAVIS SECRETARY 0.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $800,601 $780,826 $53,293 $19,775
2023 $810,000 $799,754 $32,369 $10,246
2022 $655,120 $681,407 $23,433 $-26,287
2021 $408,738 $416,470 $49,720 $-7,732
2020 $651,497 $628,200 $126,901 $23,297
2019 $902,977 $854,202 $71,734 $48,775
2018 $845,440 $853,831 $30,030 $-8,391
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