Concepts Of Truth Inc
- Assets
- $59.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 6
- Location
- Wynne, AR
- Founding
- 09/1999
- Data as of
- 12/2021
- EIN
- 73-1537645
Organization Overview
Concepts Of Truth Inc is located in Wynne, AR. The organization was established in 1999. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Concepts Of Truth Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concepts Of Truth 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 12/2021, Concepts Of Truth Inc generated $194.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $184.2k during the year ending 12/2021. While expenses have increased by 1.1% 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
SHARING THE GOSPEL OF JESUS CHRIST THROUGH VIA MULTIMEDIA, PUBLISHED CURRICULUM, INTERNATIONAL HELPLINE, CRISIS COUNSELING SEMINARS, AND TEACHING
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merideth Allen Director | 1 | $0 | |
Father Ed Graves Honorary | 1 | $0 | |
Dail Lace President | 20 | $0 | |
Millie Lace Vice President | 40 | $0 | |
Bill Morgan Secretary | 1 | $0 | |
Esther Witcher Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,153 |
| Total Program Service Revenue | $950 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $49,175 |
| Other Revenue | $0 |
| Total Revenue | $194,278 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $119,508 |
| Professional fees and other payments to independent contractors | $16,069 |
| Occupancy, rent, utilities, and maintenance | $6,399 |
| Printing, publications, postage, and shipping | $405 |
| Other expenses | $41,787 |
| Total expenses | $184,168 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,462 |
| Other assets | $0 |
| Total assets | $59,582 |
| Total liabilities | $6,656 |
| Net assets or fund balances | $52,926 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Concepts Of Truth Inc has recieved totaling $376.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $376 |
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