Truth Ministries Inc

Nonprofit profile at a glance

EIN
800518726
IRS 990-EZ coverage
2012–2018
Forms available
Form 990-EZ 2018, Form 990-N 2017
Location
Monroe, LA, USA
Phone
2146918846
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$103,267
Expenses
$103,267
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

1 person listed

People named in this filing

  • ANTHONY RISPOLI (DIRECTOR)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The object and purpose for which this organization is formed is to promote the gospel and word of god through word of mouth, writing, preparing and printing literature and distributing this through conventional print, mail and electronic methods. When a dvd/cd or book is written to promote the truth, donations will o be asked to pay for such dvd/cd or book. Also, speaking, teaching and or preaching the word of truth by all meihods above will.be used. All funds received will be to promote the gospel and the truth of god. There will be no direct solicitation of funds. The organization will not take up collections and it will not require or ask anyone to give any certain amount. Donations will be accepted in any amounts that a donee voluntarily gives. The only time that the . Organization will ask _for donations is when the donee wishes- to purchase any dvd/cd or book that the organization prepares. This will be done primarily to offset the costs associated with the production of the dvd/

What it reported doing in 2018

All funds received will be to promote the gospel and the truth of god. There will be no direct solicitation of funds. The organization will not take up collections and it will not require or ask anyone to give any certain amount. Donations will be accepted in any amounts that a donee voluntarily gives. The only time that the . Organization will ask _for donations is when the donee wishes- to purchase any dvd/cd or book that the organization prepares. This will be done primarily to offset the costs associated with the production of the dvd/cd or book.

Operating model

Revenue model
Donor-supported. 100% 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: 100
  • Transparency & Controls: 82
  • Sustainability: 24
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 24.1% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 6.1% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: -33.3% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $103K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2012 to 2018
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.