Truth Wins Out Inc (EIN 205125079) - Form 990 Financial Analysis & Trantor Score

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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

2006

Legal Domicile

Principal Officer

Wayne Besen

Phone

9176915118

Tax Period

2023-01-01 to 2023-12-31

Truth Wins Out Inc, founded in 2006, is a micro nonprofit in the Civil Rights & Advocacy sector that reported $48K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $75K exceeded revenue, resulting in a 56% operating deficit.

Mission

To promote positive public opinion regarding the treatment of gay, lesbian, bisexual and transgender individuals.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $48,207

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $48,207

Expense Breakdown

Grants Paid $0

Salaries & Benefits $43,953

Fundraising Expenses $0

Program Expenses $75,364

Other Expenses $31,411

TOTAL EXPENSES $75,364

Year-over-Year Comparison

	2023	2022	Change
Revenue	$48,207	$55,137	-0.1%
Expenses	$75,364	$91,632	-0.2%
Net Income	$-27,157	$-36,495	-0.3%

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

Governance

Voting Members

Independent Members

N/A

Employees

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

$40,615

Total Directors

$40,615

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Wayne Besen	President	40.00	Officer Director	$40,615	$0	$40,615

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
2023	$48,207	$75,364	$12,150	$-27,157
2022	$55,137	$91,632	$39,701	$-36,495
2021	$107,895	$78,060	$75,479	$29,835
2020	$69,771	$88,090	$55,126	$-18,319
2019	$113,990	$119,337	$23,327	$-5,347
2018	$29,758	$6,748	$27,329	$23,010

Truth Wins Out Inc