TRUTH INCORPORATED (EIN 752067414) - 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

1986

Legal Domicile

Phone

9727163848

Tax Period

2023-01-01 to 2023-12-31

TRUTH INCORPORATED, founded in 1986, is a small nonprofit in the Religion sector that reported $102K in total revenue in fiscal year 2023. Revenue surged 352% from the prior year, signaling strong growth momentum.

Mission

Promote education with respect to the furtherance of the Catholic faith

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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 (2023)

Revenue Breakdown

Contributions & Grants $99,942

Program Service Revenue $0

Investment Income $0

Other Revenue $1,809

TOTAL REVENUE $101,751

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $102,477

Other Expenses $103,327

TOTAL EXPENSES $103,327

Year-over-Year Comparison

	2023	2022	Change
Revenue	$101,751	$22,499	+3.5%
Expenses	$103,327	$42,840	+1.4%
Net Income	$-1,576	$-20,341	-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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROY A VARGHESE	Vice President	0.25	Officer Director	$0	$0	$0
DAVID STANFORD	President	0.25	Officer Director	$0	$0	$0
LARRY WHITTINGTON	BINGO FINANCE	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
2024	No data	No data	No data	No data
2023	$101,751	$103,327	$17,249	$-1,576
2022	$22,499	$42,840	$19,556	$-20,341
2021	$50,857	$28,599	$39,897	$22,258
2020	$885	$11,671	$17,639	$-10,786
2019	$51,323	$56,943	$22,578	$-5,620
2018	$3,538	$13,422	$28,198	$-9,884

TRUTH INCORPORATED