TRUTH ALIVE MINISTRIES

EIN: 383609361 501(c)(3) Religion

KENTWOOD, MI

Total Revenue
$126,272
Total Expenses
$121,223
Total Assets
$245,412
Net Assets
$243,529
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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
2001
Legal Domicile
MI
Principal Officer
KIRBY A HUSEBY
Phone
6162490561
Tax Period
2023-01-01 to 2023-12-31

TRUTH ALIVE MINISTRIES, founded in 2001, is a small nonprofit in the Religion sector that reported $126K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $121K left a modest 4% surplus.

Mission

Ministry, a Bible teaching religious organization. Primarily provides Christian childrens and youth programing settings.

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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 $122,081
Program Service Revenue $0
Investment Income $4,191
Other Revenue $0
TOTAL REVENUE $126,272

Expense Breakdown

Grants Paid $0
Salaries & Benefits $95,611
Fundraising Expenses $0
Program Expenses $101,366
Other Expenses $25,612
TOTAL EXPENSES $121,223

Year-over-Year Comparison

2023 2022 Change
Revenue $126,272 $203,416 -0.4%
Expenses $121,223 $118,375 +0.0%
Net Income $5,049 $85,041 -0.9%
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
4
Independent Members
4
Employees
2
Volunteers
25

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
$40,530
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kirby Huseby Director 045.00
Officer
$40,530 $0 $40,530
Mike Steele Board Member 001.00
Director
$0 $0 $0
Bill Bennett Chairman / President 001.00
Officer
$0 $0 $0
Mike Greers Sec. / Treasurer 001.00
Officer
$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 $126,272 $121,223 $245,412 $5,049
2022 $203,416 $118,375 $240,382 $85,041
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