EMBRACE TRUTH INC (EIN 833474366) - 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

RICKY CHELETTE

Phone

8174592507

Tax Period

2024-06-01 to 2025-05-31

EMBRACE TRUTH INC, founded in 2019, is a micro nonprofit in the Community Improvement sector that reported $68K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $60K, a strong 88% operating margin.

Mission

THE ORGANIZATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM FOR THE BENEFIT OF LIVING HOPE MINISTRIES INC., A 501(C)(3) NONPROFIT CORPORATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $10,000

Program Service Revenue $0

Investment Income $61,495

Other Revenue $-3,820

TOTAL REVENUE $67,675

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $8,007

TOTAL EXPENSES $8,007

Year-over-Year Comparison

	2024	2023	Change
Revenue	$67,675	$35,728	+0.9%
Expenses	$8,007	$25,814	-0.7%
Net Income	$59,668	$9,914	+5.0%

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

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
RONALD BOHANAN	CHAIRMAN	1.00	Officer	$0	$0	$0
BRUNO BORGES	SECRETARY	1.00	Officer	$0	$0	$0
RICKY CHELETTE	PRESIDENT	1.00	Officer	$0	$0	$0
RICHARD INMAN	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
2025	$67,675	$8,007	$1,509,630	$59,668
2024	$35,728	$25,814	$1,449,962	$9,914
2023	$43,458	$650	$1,440,048	$42,808
2022	$397,890	$650	$1,397,240	$397,240
2021	No data	No data	$1,000,000	No data
2020	$1,000,000	No data	$1,000,000	No data

EMBRACE TRUTH INC