TRUE THE VOTE INC

EIN: 272860095 501(c)(3) Civil Rights & Advocacy

HOUSTON, TX

Total Revenue
$4,162,968
Total Expenses
$5,026,083
Total Assets
$970,540
Net Assets
$-853,314
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
TX
Principal Officer
CATHERINE ENGELBRECHT
Phone
7134016017
Tax Period
2023-01-01 to 2023-12-31

TRUE THE VOTE INC, founded in 2010, is a community nonprofit in the Civil Rights & Advocacy sector that reported $4.2M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $5.0M exceeded revenue, resulting in a 21% operating deficit.

Mission

TRUE THE VOTE (TTV) EMPOWERS ORGANIZATIONS AND INDIVIDUALS ACROSS THE NATION TO ACTIVELY PROTECT THE RIGHTS OF LEGITIMATE VOTERS, REGARDLESS OF THEIR POLITICAL PARTY AFFILIATION.

Program Service Accomplishments

Program 1
Expenses: $4,501,106

PROVIDING PROGRAM SUPPORT THROUGH VOTER EDUCATION, RESEARCH, AND OUTREACH AS WELL AS BUILDING GRASSROOTS, ACTION-ORIENTED, ELECTION INTEGRITY MOVEMENTS IN KEY AREAS OF THE UNITED STATES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,162,673
Program Service Revenue $0
Investment Income $295
Other Revenue $0
TOTAL REVENUE $4,162,968

Expense Breakdown

Grants Paid $0
Salaries & Benefits $277,497
Fundraising Expenses $117,934
Program Expenses $4,501,106
Other Expenses $4,748,586
TOTAL EXPENSES $5,026,083

Year-over-Year Comparison

2023 2022 Change
Revenue $4,162,968 $4,794,504 -0.1%
Expenses $5,026,083 $4,620,564 +0.1%
Net Income $-863,115 $173,940 -6.0%
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
2
Employees
3
Volunteers
10000

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
1
$180,000
Total Directors
3
$180,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CATHERINE ENGELBRECHT PRESIDENT 60.00
Officer Director
$180,000 $0 $180,000
DIANNE JOSEPHS DIRECTO 1.00
Director
$0 $0 $0
ERIN YOUNG-TIMME DIRECTOR 1.00
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 No data No data No data No data
2023 $4,162,968 $5,026,083 $970,540 $-863,115
2022 $4,794,504 $4,620,564 $1,163,003 $173,940
2021 $1,694,560 $2,851,729 $901,239 $-1,157,169
2020 $5,039,229 $4,359,739 $2,040,767 $679,490
2020 $5,039,228 $4,882,905 $732,074 $156,323
2019 $767,498 $456,546 $334,825 $310,952
2018 $436,046 $425,410 $66,650 $10,636
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