Truth Spring

Legal name: Truth Spring Inc

Nonprofit profile at a glance

EIN
270263712
IRS 990 coverage
2017–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024, Form 990-N 2010
Location
Columbus, GA, United States
Phone
(706) 249-9424
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Economic Development
Affiliation
Christianity

Official website

Reported finances

Revenue
$3,303,826
Expenses
$3,184,760
Assets
$3,819,760
Liabilities
$13,901

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Highest reported compensation

  • ROBERT STRICKLAND (ADMINISTRATOR): $79,382 total reported compensation
  • CARRIE STRICKLAND (BOARD CHAIR): $70,215 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Truth Spring is a Christian nonprofit organization based out of Columbus, Georgia. Our mission is to develop and strengthen the North Highland community with Christ-centered projects and strategies. If you would like to be involved in this process, please contact us! We are always looking for investors, partnering landlords, and skilled volunteers! LEARN MORE | HOUSING. Strategically, Truth Spring Academy’s purpose is to raise up the next generation of youth to live for and proclaim the life and light of Christ. We will do this by providing the children of North Highland an amazing education while at the same time offering them the Gospel. The power of the Gospel combined with an amazing education equips children with the necessary tools to break generational cycles of poverty and hopelessness. The mission of the school is to rebuild a foundation of Christ-centered living by offering...

What it reported doing in 2024

Provided workforce development for chronically unemployed and underemployed individuals through the trade school program. Truth spring is working to help provide job readiness training and job placement in partnership with columbus technical college and local employers. This initiative concentrates on reducing some of the most common barriers to sustained employment. Childcare is provided at no cost to individuals enrolled in the program. Training is offered in construction, culinary arts and urban farming. There have been nearly 100 graduates of the program since its inception in 2020. Employment rates of graduates rose from 14% before theprogram to 84% after the program. 83% of graduates are still employed 18 months post-graduation.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 42% for direct work, and 58% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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: 75
  • Transparency & Controls: 94
  • Accountability: 94
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.8%; rating input score 83
  • Program expense ratio: 86.8%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90%; rating input score 90; 21st percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.6%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 1.2; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 90; 90th percentile among comparable filings
  • Officer compensation ratio: 4.7%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 32.7% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 29.6% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 25.6% per year; rating input score 100; 90th percentile among comparable filings

Details

  • What they do: Mission, programs, and operating context captured from the official website.
  • Where the money goes: 82.8% of revenue deployed · 86.8% of spending went to programs
  • Governance: 9 of 10 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $2.8M in reported program spending
  • Leadership: top reported pay $79K · 11 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 9 filed schedules · includes major donors and grants
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • 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.

  • Moderate — Sustainability: Operating margin scored 46/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.