Truth in Media Foundation Inc

EIN: 331240340 501(c)(3) Arts, Culture & Humanities

Eagle, ID

Total Revenue
$1,010
Total Expenses
$425
Total Assets
$585
Net Assets
$585
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Organization Details

Formation Year
2024
Legal Domicile
ID
Principal Officer
Matt Todd
Phone
5105205876
Tax Period
2024-12-13 to 2024-12-31

Truth in Media Foundation Inc, founded in 2024, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $1K in total revenue in fiscal year 2024. The organization ran a surplus of $585, a strong 58% operating margin.

Mission

The Truth in Media Foundation Inc. (the Foundation) is committed to education centered around public policy. Its primary role is to support unbiased, good faith media that exemplifies the highest quality conversation infused with decency and respect. The vision of the Foundation is to build an Idaho of educated, informed individuals that have the knowledge and capacity to make sound decisions and its mission is to build an unbiased, long format media center that connects the leaders of Idaho to the public at large in a manner that people can voluntarily consume. The activity is conducted via a Podcast called The Ranch Podcast. The Podcast Studio is performed at one of two studio locations, both located within the City of Boise, Idaho. The podcast is hosted by Matt Todd, Founder of the Ranch Podcast. The Foundation represents a channel within the podcast that represent episodes that meet the criteria of the mission and vision of the Foundation as described above.

Program Service Accomplishments

Program 1
Expenses: $425 Revenue: $1,010

The Foundation was formed on September 23, 2024, funded December 13, 2024 and had very limited financial activity in its first year. Revenue was limited to two individual donations and the cost of...

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The Foundation was formed on September 23, 2024, funded December 13, 2024 and had very limited financial activity in its first year. Revenue was limited to two individual donations and the cost of fundraising event. Program activities associated with the Foundation's mission and purpose have occurred since its formation, however paymemts for Podcasting activities will begin in calendar 2025. For the period from December 23, 2024 to December 31, 2024, seven episodes furthering the mission of the Foundation were produced and distributed via the theranchpodcast.org/TIM-page channel.

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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 $1,010
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,010

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $425
Program Expenses $425
Other Expenses $425
TOTAL EXPENSES $425

Year-over-Year Comparison

2024 2023 Change
Revenue $1,010 N/A N/A
Expenses $425 N/A N/A
Net Income $585 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
2

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matt Todd President 40.00
Officer Director
$0 $0 $0
Jeffrey S Taylor Chair 4.00
Officer Director
$0 $0 $0
Drew Wahlin Secretary/Treasurer 2.00
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 $1,010 $425 $585 $585
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