Truth Academy Inc is located in Springfield, MO. The organization was established in 2010. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Truth Academy 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 06/2021, Truth Academy Inc generated $106.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $149.7k during the year ending 06/2021. 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
PROVIDE A TWO-DAY PER WEEK SCHOOL TO MEET THE EDUCATIONAL NEEDS OF CHILDREN WHOS PARENTS PREFER HOME SCHOOL. TEACHERS PROVIDE CURRICULUM AND LESSON PLANS, ADMINISTER TESTS, AND TEACH FORMAL CLASSES TWICE A WEEK. 70 STUDENTS GRADES KINDERGARTEN THROUGH 12 WERE SERVED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory Groves President | 2 | $0 | |
Carla Groves Administrator/treasurer | 20 | $0 | |
Laura Johnson Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,512 |
Total Program Service Revenue | $102,164 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $106,676 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $131,112 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $7,950 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $10,594 |
Total expenses | $149,656 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $38,280 |
Other assets | $0 |
Total assets | $47,269 |
Total liabilities | $8,242 |
Net assets or fund balances | $39,027 |
Over the last fiscal year, we have identified 1 grants that Truth Academy Inc has recieved totaling $17,088.
Awarding Organization | Amount |
---|---|
National Association For The Exchange Of Industrial Resources I Galesburg, IL PURPOSE: CARE OF ILL, NEEDY, OR MINOR | $17,088 |
Organization Name | Assets | Revenue |
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Principia Corporation St Louis, MO | $1,121,774,918 | $256,921,200 |
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Latin School Of Chicago Chicago, IL | $156,636,530 | $50,037,538 |
Mccallie School Inc Chattanooga, TN | $251,954,499 | $79,356,942 |
Francis W Parker School Chicago, IL | $194,788,594 | $67,683,715 |
Mary Institute And Saint Louis Country Day School St Louis, MO | $240,203,179 | $40,528,498 |
Confluence Academy St Louis, MO | $36,687,360 | $48,180,498 |
St Lukes-Jones Regional Medical Center Anamosa, IA | $65,819,310 | $47,904,266 |
Pembroke Hill School Kansas City, MO | $163,708,613 | $51,122,329 |
Harpeth Hall School Nashville, TN | $137,432,520 | $30,321,842 |
Christian Academy Of Louisville Inc Louisville, KY | $31,042,976 | $28,033,644 |
Briarcrest Christian School System Inc Eads, TN | $78,736,956 | $26,903,624 |