LIGHT OF TRUTH CENTER INC (EIN 522193286) - 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

1999

Legal Domicile

Phone

4433932109

Tax Period

2024-01-01 to 2024-12-31

LIGHT OF TRUTH CENTER INC, founded in 1999, is a small nonprofit in the Human Services sector that reported $356K in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $451K exceeded revenue, resulting in a 27% operating deficit.

Mission

The Light of Truth center, has been established with the sole purpose of creating a safe environment for recovery. To provide education concerning the medical implications of addiction to our clients.

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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 $71,653

Program Service Revenue $284,722

Investment Income $0

Other Revenue $0

TOTAL REVENUE $356,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $161,270

Fundraising Expenses $14,392

Program Expenses $353,350

Other Expenses $290,057

TOTAL EXPENSES $451,327

Year-over-Year Comparison

	2024	2023	Change
Revenue	$356,375	$650,368	-0.5%
Expenses	$451,327	$648,780	-0.3%
Net Income	$-94,952	$1,588	-60.8%

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

$42,450

Total Directors

$42,450

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VAILE LEONARD	EXECUTIVE DIRECTOR	40.00	Officer Director	$42,450	$0	$42,450
MARILYN BLACKSTON	MEMBER	2.00	Director	$0	$0	$0
PAMELA FRAIZER	MEMBER	2.00	Director	$0	$0	$0
KENYATTA CULLY	MEMBER	2.00	Director	$0	$0	$0
DR SAMUEL HAIRSTON IV	MEMBER	2.00	Director	$0	$0	$0
SHIRLEY LAWSON	MEMBER	2.00	Director	$0	$0	$0
DR PAULA SMITH-BENSON	MEMBER	2.00	Director	$0	$0	$0
LYDIA SANTIAGO-WILSON	MEMBER	2.00	Director	$0	$0	$0
TIFFANY GINYARD	MEMBER	2.00	Director	$0	$0	$0
DR ARIANNE JENNINGS	MEMBER	2.00	Director	$0	$0	$0
ROSE FAUNLEROY	PRESIDENT	5.00	Officer Director	$0	$0	$0
DENA WARD-WANE	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
KARENE BLAND	SECRETARY	5.00	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	$356,375	$451,327	$577,874	$-94,952
2023	$650,368	$648,780	$776,714	$1,588
2022	$427,566	$464,933	$750,846	$-37,367
2021	$390,195	$385,439	$733,661	$4,756
2020	$221,451	$245,531	$823,409	$-24,080
2019	$140,731	$167,953	$764,276	$-27,222
2018	$251,425	$251,514	$754,516	$-89

LIGHT OF TRUTH CENTER INC