GRAND RAPIDS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TRUSUCCESS INC, founded in 2006, is a small nonprofit that reported $419K in total revenue in fiscal year 2021. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $372K left a modest 11% surplus.
EDUCATING OUR YOUTH WITH INTENTIONAL EMPHASIS ON BUILDING CHARACTER THROUGH DEVELOPMENT AND DISSEMINATION OF MOTIVATIONAL TOOLS, TRAINING AND SUPPORT.
TRUESUCCESS UNIQUELY PROVIDES RESEARCH-BASED EDUCATIONAL TOOLS, TRAINING AND SUPPORT TO SIMULATANEOUSLY EQUIP KIDS WITH BEHAVIOR AND LITERACY SKILLS THAT ARE ESSENTIAL TO UNLEASH POTENTIAL IN SCHOOL...
TRUESUCCESS UNIQUELY PROVIDES RESEARCH-BASED EDUCATIONAL TOOLS, TRAINING AND SUPPORT TO SIMULATANEOUSLY EQUIP KIDS WITH BEHAVIOR AND LITERACY SKILLS THAT ARE ESSENTIAL TO UNLEASH POTENTIAL IN SCHOOL, WORK AND LIFE. TRUESUCCESS ACHIEVES ITS MISSION BY DEVELOPING AND DISTRIBUTING CURRICULM IN BOTH PRINTED FORM AND ONLINE THROUGH ITS WEBSITE FOR GRADES K-12. CURRICULUM IS ORGANIZED AROUND VIRTUES/POSITIVE BEHAVIOR THEMES AND HIGHLIGHT ENGAGING, INSPIRING AND IMPACTFUL LIFESTORIES OF POSITIVE ROLE MODELS WHO EXEMPLIFY A VIRTUE/POSITIVE BEHAVIOR SKILL. CURRICULUM IS DEVELOPED FRESH WITH NEW LIFESTORIES EACH SCHOOL YEAR. WEBSITE RESOURCES ARE ALSO UPDATED EACH YEAR AND PROVIDE OVER 3,000 TOOLS AND ACTIVITIES.
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)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $418,658 | $293,108 | +0.4% |
| Expenses | $372,090 | $515,334 | -0.3% |
| Net Income | $46,568 | $-222,226 | -1.2% |
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 R HENEVELD SR | FOUNDER/TREA | 25.00 |
Officer
Director
|
$88,797 | $0 | $88,797 |
| JAMES MITCHELL | BOARD CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AUSTIN RIEBEL | DIRECTR END | 45.00 |
Officer
Director
|
$91,155 | $0 | $91,155 |
| ARTHUR GARNER JR | PRESIDENT | 45.00 |
Officer
Director
|
$77,057 | $0 | $77,057 |
| CYNTHIA PECK | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $418,658 | $372,090 | $151,051 | $46,568 |
| 2020 | $293,108 | $515,334 | $230,073 | $-222,226 |
| 2019 | $629,971 | $412,301 | $404,237 | $217,670 |
| 2018 | $401,833 | $399,513 | $190,889 | $2,320 |
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