True Word Training Center
- Assets
- $226.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita Falls, TX
- Founding
- 12/2005
- Data as of
- 12/2021
- EIN
- 20-1928403
Organization Overview
True Word Training Center is located in Wichita Falls, TX. The organization was established in 2005. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. True Word Training Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, True Word Training Center generated $133.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $106.5k during the year ending 12/2021. While expenses have increased by 15.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OFFERING CHRISTIAN THEOLOGICAL TRAINING PROGRAMS FOR THE CHURCHES AND MISSIONARY IN CHINA, AND THE CHINESE COMMUNITIES IN THE UNITED STATES AND CANADA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zhaofeng Wang Secretary | 2 | $0 | |
Yujian Hong CEO | 2 | $0 | |
Julie Hu CFO | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,376 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $133,376 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $106,461 |
| Total expenses | $106,461 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $167,185 |
| Other assets | $0 |
| Total assets | $226,644 |
| Total liabilities | $36,529 |
| Net assets or fund balances | $190,115 |
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