COLUMBUS, GA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TRUTH SPRING INC, founded in 2009, is a community nonprofit in the Community Improvement sector that reported $3.8M in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $751K, a strong 20% operating margin.
TRUTH SPRING, INC. IS A CHRISTIAN CHARITABLE ORGANIZATION FOCUSING ON IMPROVING LOW INCOME AREAS IN THE COMMUNITY WITH PROGRAMS AIMED AT ADDRESSING HOMELESSNESS, POVERTY, DRUG ABUSE, EDUCATION, AND CHILDCARE. THEIR MOST SIGNIFICANT ACTIVITIES ARE PROVIDING AFFORDABLE HOUSING FOR LOW INCOME FAMILIES , PROVIDING EDUCATION FOR AT-RISK CHILDREN IN THE COMMUNITY AND DEVELOPING TRADE SKILLS AND REMOVING BARRIERS TO EMPLOYMENT FOR THE UNDER-EMPLOYED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,786,680 | $2,738,563 | +0.4% |
| Expenses | $3,035,876 | $4,048,146 | -0.3% |
| Net Income | $750,804 | $-1,309,583 | -1.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CARRIE STRICKLAND | BOARD CHAIR | 40.00 |
Officer
Director
|
$54,359 | $0 | $54,359 |
| BILLY HOLBROOK | BOARD VICE-CHAIR | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| GARRETT GROCE | MEMBER AT LARGE | 3.00 |
Director
|
$0 | $0 | $0 |
| MICAH MCGUIRE | MEMBER AT LARGE | 3.00 |
Director
|
$0 | $0 | $0 |
| CARLY GUDGER | MEMBER AT LARGE | 3.00 |
Director
|
$0 | $0 | $0 |
| RICHARD ILLGES | MEMBER AT LARGE | 3.00 |
Director
|
$0 | $0 | $0 |
| MATT PRIELOZNY | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRAD TURNER | MEMBER AT LARGE | 3.00 |
Director
|
$0 | $0 | $0 |
| DOUG DUNCAN | MEMBER AT LARGE | 3.00 |
Director
|
$0 | $0 | $0 |
| EMILY TROTTER | MEMBER AT LARGE | 3.00 |
Director
|
$0 | $0 | $0 |
| ROBERT STRICKLAND | ADMINISTRATOR | 40.00 |
Officer
|
$76,724 | $0 | $76,724 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $3,786,680 | $3,035,876 | $3,748,093 | $750,804 |
| 2022 | $2,738,563 | $4,048,146 | $3,008,308 | $-1,309,583 |
| 2021 | $3,832,299 | $1,130,635 | $4,300,232 | $2,701,664 |
| 2020 | $1,172,382 | $509,940 | $1,650,871 | $662,442 |
| 2019 | $646,578 | $391,477 | $962,675 | $255,101 |
| 2018 | $333,493 | $311,471 | $664,964 | $22,022 |
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