TRUE HEALTH INITIATIVE INC

EIN: 814749965 501(c)(3)

TULSA, OK

Total Revenue
$205,424
Total Expenses
$121,741
Total Assets
$88,393
Net Assets
$85,817
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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
2016
Legal Domicile
CT
Principal Officer
DAVID KATZ
Tax Period
2020-01-01 to 2020-12-31

TRUE HEALTH INITIATIVE INC, founded in 2016, is a small nonprofit that reported $205K in total revenue in fiscal year 2020. Revenue surged 95% from the prior year, signaling strong growth momentum. The organization ran a surplus of $84K, a strong 41% operating margin.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $182,583
Program Service Revenue $0
Investment Income $0
Other Revenue $22,841
TOTAL REVENUE $205,424

Expense Breakdown

Grants Paid $0
Salaries & Benefits $88,861
Fundraising Expenses $0
Program Expenses $39,544
Other Expenses $32,880
TOTAL EXPENSES $121,741

Year-over-Year Comparison

2020 2019 Change
Revenue $205,424 $105,344 +1.0%
Expenses $121,741 $186,228 -0.3%
Net Income $83,683 $-80,884 -2.0%
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

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Governance

Voting Members
8
Independent Members
8
Employees
2
Volunteers
5

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER GARDNER DIRECTOR 1.00
Director
$0 $0 $0
WALTER WILLETT DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN ZELMAN DIRECTOR 1.00
Director
$0 $0 $0
RICHARD CARMONA DIRECTOR 1.00
Director
$0 $0 $0
DAVID KATZ EXECUTIVE DIRECTORCHAIRMAN 10.00
Officer Director
$0 $0 $0
BETH COMERFORD TREASURER 1.00
Officer
$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
2020 $205,424 $121,741 $88,393 $83,683
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