TRUTH78 (EIN 473782829) - Form 990 Financial Analysis & Trantor Score

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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

2015

Legal Domicile

Principal Officer

DAVID MICHAEL

Phone

8774001414

Tax Period

2024-07-01 to 2025-06-30

TRUTH78, founded in 2015, is a community nonprofit in the Religion sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

OUR VISION IS THAT THE NEXT GENERATIONS KNOW, HONOR, AND TREASURE GOD, SETTING THEIR HOPE IN CHRIST ALONE, SO THAT THEY WILL LIVE AS FAITHFUL DISCIPLES FOR THE GLORY OF GOD.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $938,666

Program Service Revenue $320,299

Investment Income $0

Other Revenue $202,304

TOTAL REVENUE $1,461,269

Expense Breakdown

Grants Paid $0

Salaries & Benefits $827,396

Fundraising Expenses $136,807

Program Expenses $789,541

Other Expenses $590,316

TOTAL EXPENSES $1,417,712

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,461,269	$1,125,498	+0.3%
Expenses	$1,417,712	$1,271,473	+0.1%
Net Income	$43,557	$-145,975	-1.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$185,969

Total Directors

$185,969

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID MICHAEL	EXECUTIVE DIRECTOR / PRESI	40.00	Officer Director	$63,518	$7,115	$70,633
BRIAN EATON	DIRECTOR OF OPERATIONS / SECRETARY	40.00	Officer Director	$101,030	$14,306	$115,336
BILL KESTING	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MARIJO BROSIUS	DIRECTOR	1.00	Director	$0	$0	$0
MARK COLUCCI	DIRECTOR	1.00	Director	$0	$0	$0
MARCIA OLYNYK	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK DIRRIM	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
2025	$1,461,269	$1,417,712	$329,272	$43,557
2024	$1,125,498	$1,271,473	$516,687	$-145,975
2023	$1,180,113	$1,260,058	$621,199	$-79,945
2022	$1,514,726	$1,470,024	$350,099	$44,702
2021	$1,221,042	$1,263,976	$344,361	$-42,934
2020	$1,104,411	$1,090,460	$325,028	$13,951
2019	$825,320	$846,378	$316,000	$-21,058
2018	$815,406	$744,032	$338,607	$71,374

TRUTH78