Truehart Productions
Nonprofit profile at a glance
- EIN
- 841846043
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Lambertville, NJ, USA
- Phone
- 6099035044
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Humanities Organizations
Reported finances
- Revenue
- $18,866
- Expenses
- $43,148
- Assets
- $6,239
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Ridgeley Hutchison (President/CFO)
People named in this filing
- Ridgeley Hutchison (President/CFO)
- Karen Clark (Trustee)
- Rick Geffken (Trustee)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Truehart Productions was formed in 2019 for the sole purpose of producing a documentary during this critical time when so many are struggling to understand the systemic racism that exists in our country. Modern education glosses over the impact of slavery north of the Mason-Dixon Line.
What it reported doing in 2024
Produced a 30-minute documentary about The Great Migration to Newark, New Jersey and the difficulties that followed for the migrants once theyarrived. The film premiered on NJ PBSs network of stations in February 2024.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 14
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 94.7%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -128.7%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 14; 14th 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: 28.3% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 15.4% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 21.1% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 94.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $41K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- 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 — Sustainability: Operating margin scored 6/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.