TRUTH OF LIFE INC (EIN 830854083) - 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

2019

Legal Domicile

Principal Officer

OMAR CALDERON

Phone

2813864656

Tax Period

2023-01-01 to 2023-12-31

TRUTH OF LIFE INC, founded in 2019, is a small nonprofit in the Religion sector that reported $190K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $39K, a strong 20% operating margin.

Mission

TRUTH OF LIFE WORKS TO BRING HEALING AND FREEDOM FOUND IN JESUS CHRIST TO MEN WHO HAVE ADOPTED UNHEALTY PATTERNS OF LIVING.

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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 $186,055

Program Service Revenue $0

Investment Income $4,436

Other Revenue $0

TOTAL REVENUE $190,491

Expense Breakdown

Grants Paid $0

Salaries & Benefits $139,755

Fundraising Expenses $0

Program Expenses $115,458

Other Expenses $11,715

TOTAL EXPENSES $151,470

Year-over-Year Comparison

	2023	2022	Change
Revenue	$190,491	$146,831	+0.3%
Expenses	$151,470	$138,091	+0.1%
Net Income	$39,021	$8,740	+3.5%

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

$114,639

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OMAR D CALDERON	PRESIDENT	40.00	Officer	$114,639	$0	$114,639
TIM J DOSCH	TREASURER	5.00	Director	$0	$0	$0
JOHN F GUALY	SECRETARY	5.00	Director	$0	$0	$0
CARLOS SANDOVAL	MINISTRY DEVELOPMENT	5.00	Director	$0	$0	$0
JOEY GOSS	VICE PRESIDENT / DIRECTOR	5.00	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	$190,491	$151,470	$234,872	$39,021
2022	$146,831	$138,091	$195,788	$8,740
2021	$276,425	$155,164	$186,986	$121,261

TRUTH OF LIFE INC