TRUE WORD TRAINING CENTER

EIN: 201928403 501(c)(3) Religion

WICHITA FALLS, TX

Total Revenue
$91,663
Total Expenses
$81,416
Total Assets
$163,200
Net Assets
$163,200
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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
TX
Principal Officer
JULIE HU
Tax Period
2020-01-01 to 2020-12-31

TRUE WORD TRAINING CENTER, founded in 2004, is a micro nonprofit in the Religion sector that reported $92K in total revenue in fiscal year 2020. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $81K left a modest 11% surplus.

Mission

OFFERING CHRISTIAN THEOLOGICAL TRAINING PROGRAMS FOR THE CHURCHES AND MISSIONARY IN CHINA, AND THE CHINESE COMMUNITIES IN THE UNITED STATES AND CANADA.

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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 (2020)

Revenue Breakdown

Contributions & Grants $91,663
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $91,663

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,330
Program Expenses $56,243
Other Expenses $81,416
TOTAL EXPENSES $81,416

Year-over-Year Comparison

2020 2019 Change
Revenue $91,663 $136,775 -0.3%
Expenses $81,416 $94,264 -0.1%
Net Income $10,247 $42,511 -0.8%
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
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE HU CFO 20.00
Officer
$0 $0 $0
ZHAOFENG WANG SECRETARY 2.00
Officer
$0 $0 $0
YUJIAN HONG CEO 2.00
Officer
$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
2020 $91,663 $81,416 $163,200 $10,247
2019 $136,775 $94,264 $152,953 $42,511
2018 $76,436 $61,389 $110,442 $15,047
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