The TRUTH Project Inc (EIN 463044821) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Phone

8325676923

Tax Period

2024-01-01 to 2024-12-31

The TRUTH Project Inc, founded in 2015, is a small nonprofit in the Human Services sector that reported $243K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $317K exceeded revenue, resulting in a 30% operating deficit.

Mission

The T.R.U.T.H. Project Inc. educates and mobilizes queer communities of color and allies through social arts that promote mental emotional and sexual health.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $236,627

Program Service Revenue $4,696

Investment Income $0

Other Revenue $1,877

TOTAL REVENUE $243,200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $18,107

Program Expenses $126,603

Other Expenses $316,912

TOTAL EXPENSES $316,912

Year-over-Year Comparison

	2024	2023	Change
Revenue	$243,200	$290,280	-0.2%
Expenses	$316,912	$214,243	+0.5%
Net Income	$-73,712	$76,037	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$69,151

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kevin Anderson	Founder and CEO	35.00	Officer	$69,151	$0	$69,151
Christopher Cox	Board Chair	5.00	Director	$0	$0	$0
Nike Blue	Board Co-Chair	3.00	Director	$0	$0	$0
Jacques J Davis	Treasurer	5.00	Officer Director	$0	$0	$0
Michael Crook	Secretary	3.00	Director	$0	$0	$0
Lauren Ware	Board Member	2.00	Director	$0	$0	$0
Maurice Lamb III	Board Member	2.00	Director	$0	$0	$0
Dabrina Sandifer	Board Member	2.00	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	$243,200	$316,912	$91,892	$-73,712
2023	$290,280	$214,243	$166,096	$76,037
2022	$214,064	$166,438	$90,552	$47,626

The TRUTH Project Inc