True Christianity Inc
- Assets
- $92.9k
- Revenue
- $3.5k
- Investments
- $23.6k
- Employees
- 0
- Location
- Elmira, NY
- Founding
- 11/2007
- Data as of
- 12/2022
- EIN
- 26-0256973
Organization Overview
True Christianity Inc is located in Elmira, NY. The organization was established in 2007. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, 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 Christianity Inc 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 12/2022, True Christianity Inc generated $3.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.8%) each year. All expenses for the organization totaled $29.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, True Christianity Inc has awarded 11 individual grants totaling $259,924. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO NEIGHBORHOOD TRANSFORMATION CENTER TO ALLOW THE NON-PROFIT TO PROVIDE SERVICES TO THE LOCAL COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob Barnes President | 1 | $0 | |
Michael Schooley Officer Secretary | 1 | $0 | |
Michael Barton Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $342 |
| Dividends & Interest | $1,659 |
| Net Rental Income | $1,292 |
| Net Gain on Sale of Assets | -$7,538 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,463 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $71 |
| Depreciation | $3,634 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,050 |
| Total operating and administrative expenses | $14,736 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $29,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,689 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,428 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $65,261 |
| Other assets | $0 |
| Total assets | $92,944 |
| Accounts payable and accrued expenses | $538 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $538 |
Grants Awarded
Over the last fiscal year, True Christianity Inc has awarded $159,888 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Freeville, NY PURPOSE: GENERAL SUPPORT FOR THEIR MISSION | $150,000 |
Elmira, NY PURPOSE: OPERATING AND PROGRAM EXPENSES | $9,888 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that True Christianity Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Triangle Fund Corning, NY PURPOSE: NEIGHBORHOOD TRANSFORMATION CENTER | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Union Inc Princeton, NJ | $13,074,575 | $9,787,161 |
Eretz Hachaim Us Inc Brooklyn, NY | $7,972,379 | $9,030,705 |
Norman E Alexander Family S Foundation Inc New York, NY | $92,718,623 | $22,235,113 |
Strength Of Israel Inc Lawrence, NY | $1,436,056 | $5,202,580 |
Kupas Yom Tov Inc Lakewood, NJ | $35,904 | $3,631,675 |
Norman E Alexander Family M Foundation Inc New York, NY | $80,702,389 | $17,666,816 |
Norman E Alexander Family G Foundation Inc New York, NY | $74,799,909 | $16,778,157 |
Episcopal Charities Of The Diocese Of New York New York, NY | $4,370,956 | $2,900,488 |
Mosdos Rabbainu Nachum Meshadyk Brooklyn, NY | $3,226,330 | $4,187,685 |
Emet Veshalom Brooklyn, NY | $8,411 | $1,783,747 |
Daat Center Inc Brooklyn, NY | $444,170 | $1,892,675 |
Boston Baptist Social Union Melrose, MA | $25,997,897 | $10,483,181 |