BLOOMINGTON, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SPREAD TRUTH MINISTRIES INC, founded in 2006, is a community nonprofit in the Religion sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $328K, a strong 18% operating margin.
SPREAD TRUTH DEVELOPS TRAINING MATERIALS AND RESOURCES TO HELP CHRISTIANS CONFIDENTLY SHARE CHRIST IN RELEVANT AND LOVING WAYS.
SPREAD TRUTH CONTINUES TO DEVELOP MORE RESOURCES IN PRINT, APP, FILM AND WEB CONTENT. SPREAD TRUTH HAS CONTINUED TRANSLATIONS OF EXISTING AND NEW MATERIALS INTO MORE AND MORE WORLD LANGUAGES IN ORDER...
SPREAD TRUTH CONTINUES TO DEVELOP MORE RESOURCES IN PRINT, APP, FILM AND WEB CONTENT. SPREAD TRUTH HAS CONTINUED TRANSLATIONS OF EXISTING AND NEW MATERIALS INTO MORE AND MORE WORLD LANGUAGES IN ORDER TO BETTER REACH THOSE IN NEED OF HEARING THE GOSPEL MESSAGE. SPREAD TRUTH IS CONTINUING ITS EMPHASIS ON TRAINING CHRISTIANS TO SHARE THIS GOSPEL MESSAGE BY DEVELOPING AN ONLINE DIGITAL TRAINING THAT WILL HELP CHRISTIANS SHARE THE GOSPEL IN A CULTURALLY RELEVANT CONTEXT.
SPREAD TRUTH HAS A PROGRAM IN KENYA AND SURROUNDING AREAS OF AFRICA. THE GOALS ARE THE SAME AS SPREAD TRUTHS MAIN MISSION - REACH THE LOST AND TRAIN UP CHRISTIANS TO SHARE THEIR FAITH CONFIDENTLY...
SPREAD TRUTH HAS A PROGRAM IN KENYA AND SURROUNDING AREAS OF AFRICA. THE GOALS ARE THE SAME AS SPREAD TRUTHS MAIN MISSION - REACH THE LOST AND TRAIN UP CHRISTIANS TO SHARE THEIR FAITH CONFIDENTLY. THIS IS DONE IN MANY SIMILAR WAYS TO THE U.S. HANDS-ON TRAINING, BUT IN AFRICA, THERE IS CURRENTLY A BIGGER NEED FOR BASIC NEEDS AND PERSONAL CARE. SPREAD TRUTH ADDRESSES THAT BY PARTNERING WITH LOCAL ORGANIZATIONS, CHURCHES, GOVERNMENTS AND FOOD BANKS SO THAT BASIC AND SPIRITUAL NEEDS ARE BEING MET FOR BOTH THOSE THAT ARE BEING TRAINED AND THOSE BEING WITNESSED TO. OVER 4,000 PEOPLE WERE SERVED AT A 3 DAY MEDICAL CLINIC AND 5,800 GOSPEL BOOKLETS HAVE BEEN DISTRIBUTED.
SPREAD TRUTH TEACHES AND EQUIPS INDIVIDUALS TO ENGAGE WITH OTHERS AND SHARE THEIR FAITH THROUGH ON-SITE TRAINING. HANDS-ON MINISTRY TEACHING AND EVANGELIZING ARE DESIGNED TO EQUIP AND DEVELOP A...
SPREAD TRUTH TEACHES AND EQUIPS INDIVIDUALS TO ENGAGE WITH OTHERS AND SHARE THEIR FAITH THROUGH ON-SITE TRAINING. HANDS-ON MINISTRY TEACHING AND EVANGELIZING ARE DESIGNED TO EQUIP AND DEVELOP A CHRISTIANS ABILITY TO BE CONFIDENT AS THEY SHARE THE FULL STORY OF THE GOSPEL MESSAGE. PARTICIPANTS IN THESE TRAININGS COME FROM AROUND THE COUNTRY AND ARE TRAINED IN A MULTI-CULTURAL ENVIRONMENT TO REACH THOSE WHO NEED TO HEAR THE BEAUTY OF GODS STORY. IN NEW YORK CITY, 1,150 FOOD BOXES AND FROZEN TURKEYS WERE DISTRIBUTED WITH THE GOSPEL AT THANKSGIVING TIME. 21,950 THE STORY BOOKLETS WERE DISTRIBUTED IN DISASTER BOXES ACROSS THE NATION.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,794,117 | $1,357,946 | +0.3% |
| Expenses | $1,466,011 | $1,252,633 | +0.2% |
| Net Income | $328,106 | $105,313 | +2.1% |
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 |
|---|---|---|---|---|---|---|
| WILLIAM MCCORKLE | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$80,908 | $3,936 | $84,844 |
| KEVAN TAYLOR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN RIGSBY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT HORINE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LUKE HOLDERBY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN JACKSON | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMY HALL | VICE-CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BEN MENGARELLI | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ED SCEARCE | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,794,117 | $1,466,011 | $828,361 | $328,106 |
| 2023 | $1,357,946 | $1,252,633 | $454,783 | $105,313 |
| 2022 | $927,239 | $1,004,443 | $329,205 | $-77,204 |
| 2021 | $1,155,700 | $946,543 | $480,966 | $209,157 |
| 2020 | $898,761 | $886,484 | $263,904 | $12,277 |
Compare SPREAD TRUTH MINISTRIES INC with other nonprofits in Illinois and across the country.