True Riches Global
Nonprofit profile at a glance
- EIN
- 923296914
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025
- Location
- Spokane, WA, USA
- Phone
- 8054518956
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Nonprofit Management
Reported finances
- Revenue
- $25,535
- Expenses
- $5,655
- Assets
- $19,880
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Steen Hudson (President & CEO)
People named in this filing
- Steen Hudson (President & CEO)
- Caryl Goehner (Treasurer)
- Trina Hudson (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
True Riches Global exists to equip under-served communities through economic empowerment, leadership training, humanitarian outreach, and faith-based community development initiatives domestically and internationally. During 2025, the organization conducted leadership development, strategic planning, outreach meetings, and ministry preparation activities related to future programs in South Asia, Cameroon and the United States. Our approach is rooted in these core values: prayer, love, gratitude, humility, community, collaboration and action.
What it reported doing in 2025
Over the last four years held six in-person International training conferences, including two in 2025. These gatherings were all run by Steen Hudson in collaboration with indigenous leaders to provide training and coaching in fundraising, leader development, board effectiveness and generosity. The attendees were from the NGO sector and business leaders. In the process over 300 leaders were trained in South Asia and Cameroon, Africa. In addition, monthly Zoom coaching sessions were held throughout the year for the purpose of training, Q and A and mutual encouragement. And True Riches Global has been on the leadership team planning the Africa/MENA GWF to be held in Accra, Ghana August 2026. Steen also held a fundraising training session at the annual CLA conference in Dallas, TX. These economic empowerment efforts lead to more effective community service, development of leadership skills, and humanitarian initiatives.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 45
- Transparency & Controls: 82
- Sustainability: 75
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 19.4%; rating input score 19
- Program expense ratio: 87.7%; rating input score 88
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 77.9%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 3.52; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 19.4% of revenue deployed · 87.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 19/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.