Truth Renewed
- Assets
- $90.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Keller, TX
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 47-1863812
Organization Overview
Truth Renewed is located in Keller, TX. The organization was established in 2014. 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 the central organization for a national or regional group of organizations. Truth Renewed 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, Truth Renewed generated $182.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 40.3% each year . All expenses for the organization totaled $162.9k during the year ending 12/2021. While expenses have increased by 41.8% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Van Dyke Founder/executive Director | 45 | $26,000 | |
Shauna Van Dyke Founder/board Of Director | 5 | $0 | |
Israel Totani Financial Officer | 2 | $0 | |
Peter Escue Board Of Directors | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,024 |
| Total Program Service Revenue | $42,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,123 |
| Other Revenue | $0 |
| Total Revenue | $182,271 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $77,064 |
| Professional fees and other payments to independent contractors | $2,830 |
| Occupancy, rent, utilities, and maintenance | $31,500 |
| Printing, publications, postage, and shipping | $10,180 |
| Other expenses | $41,282 |
| Total expenses | $162,856 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,470 |
| Other assets | $0 |
| Total assets | $90,429 |
| Total liabilities | $2,944 |
| Net assets or fund balances | $87,485 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Truth Renewed has recieved totaling $6,021.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,838 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $183 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Christian Center Of Santa Ana Inc Fort Worth, TX | $220,989,355 | $120,975,345 |
Central Missionary Clearinghouse Inc Houston, TX | $6,419,067 | $44,656,736 |
Parish Episcopal School Dallas, TX | $99,531,938 | $38,441,453 |
Omega Charitable Developers Inc Houston, TX | $6,275,678 | $33,763,984 |
Rightnow Ministries International McKinney, TX | $45,408,215 | $33,884,225 |
Newman International Academy Arlington, TX | $46,580,877 | $32,428,105 |
Pine Cove Inc Tyler, TX | $43,410,564 | $33,919,246 |
Interfaith Ministries For Greater Houston Houston, TX | $17,611,753 | $29,868,273 |
Bible Study Fellowship San Antonio, TX | $20,886,435 | $27,831,196 |
Hosanna Albuquerque, NM | $66,066,591 | $27,487,086 |
Apartment Life Inc Bedford, TX | $5,807,926 | $23,558,847 |
Liberty Educational Ministries Inc Argyle, TX | $56,879,806 | $25,424,585 |