TRUTH MATTERS TRUST

EIN: 846918687 501(c)(3) Religion

RALEIGH, NC

Total Revenue
$307,282
Total Expenses
$204,580
Total Assets
$128,313
Net Assets
$122,240
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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
NC
Principal Officer
TODD VON HELMS
Phone
9198089271
Tax Period
2025-01-01 to 2025-12-31

TRUTH MATTERS TRUST, founded in 2019, is a small nonprofit in the Religion sector that reported $307K in total revenue in fiscal year 2025. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $103K, a strong 33% operating margin.

Mission

TO EDUCATE INDIVIDUALS, BOTH YOUNG AND OLD, ON BIBLICAL PRINCIPLES, THROUGH TEACHING, LITERACY WORKS, AND SPEAKER EVENTS IN ORDER TO ENCOURAGE CRITICAL THINKING, CIVIL DISCOURSE, AND A DEEPER FAITH IN GOD

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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 (2025)

Revenue Breakdown

Contributions & Grants $307,282
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $307,282

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $80,500
Fundraising Expenses $9,135
Program Expenses $179,934
Other Expenses $109,080
TOTAL EXPENSES $204,580

Year-over-Year Comparison

2025 2024 Change
Revenue $307,282 $216,637 +0.4%
Expenses $204,580 $225,978 -0.1%
Net Income $102,702 $-9,341 -12.0%
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
5
Independent Members
4
Employees
N/A
Volunteers
4

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
$80,500
Total Directors
5
$80,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TODD VON HELMS PRESIDENT 40.00
Officer Director
$80,500 $0 $80,500
JAY EASTERLING BOARD MEMBER 2.00
Director
$0 $0 $0
TIMOTHY CAPPS BOARD MEMBER 2.00
Director
$0 $0 $0
TIM GOODSON BOARD CHAIR 3.00
Officer Director
$0 $0 $0
VALERY NEEDHAM BOARD MEMBER 2.00
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
2025 $307,282 $204,580 $128,313 $102,702
2024 $216,637 $225,978 $36,238 $-9,341
2023 $202,156 $179,982 $49,669 $22,174
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