TRUTHXCHANGE INC (EIN 753099544) - 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

2003

Legal Domicile

Principal Officer

JEFF VENTRELLA

Phone

4803702081

Tax Period

2023-01-01 to 2023-12-31

TRUTHXCHANGE INC, founded in 2003, is a small nonprofit in the Religion sector that reported $341K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $419K exceeded revenue, resulting in a 23% operating deficit.

Mission

THE MISSION OF THE ORGANIZATION IS TO COMMUNICATE THE GOSPEL OF JESUS CHRIST FOR RELIGIOUS AND EDUCATIONAL PURPOSES VIA OPEN DIALOG, CONFERENCES, PUBLICATIONS AND AUDIO/VISUAL PRODUCTIONS.

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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 $340,510

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $340,510

Expense Breakdown

Grants Paid $0

Salaries & Benefits $254,089

Fundraising Expenses $24,158

Program Expenses $382,572

Other Expenses $164,483

TOTAL EXPENSES $418,572

Year-over-Year Comparison

	2023	2022	Change
Revenue	$340,510	$486,431	-0.3%
Expenses	$418,572	$334,792	+0.3%
Net Income	$-78,062	$151,639	-1.5%

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

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

$119,947

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER JONES	EXECUTIVE DI	40.00	Director	$119,947	$0	$119,947
MARK BARROW	BOARD MEMBER	2.00	Director	$0	$0	$0
PAMELA FROST	VICE CHAIRMA	2.00	Director	$0	$0	$0
JOHN REDWINE	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN ROBERTUS	TREASURER	2.00	Director	$0	$0	$0
JEFF VENTRELLA	DIRECTOR	20.00	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	$340,510	$418,572	$352,456	$-78,062
2022	$486,431	$334,792	$430,472	$151,639
2021	$427,519	$396,443	$282,059	$31,076
2020	$416,346	$313,017	$346,407	$103,329
2019	$253,011	$277,384	$141,240	$-24,373
2018	$321,333	$255,445	$165,613	$65,888

TRUTHXCHANGE INC